This wealthy European nation has the most potential for future growth, researchers say

Switzerland has more potential for economic growth than any other country in the world, according to new research. In its fifth annual ranking of global economic growth potential released on Monday, management consultancy KMPG analysed two decades’ worth of data, measuring how 180 countries performed across 26 metrics. The metrics fell into one of five categories: macroeconomic stability, openness, quality of infrastructure, quality of institutions, and human development. Switzerland, despite al


Switzerland has more potential for economic growth than any other country in the world, according to new research. In its fifth annual ranking of global economic growth potential released on Monday, management consultancy KMPG analysed two decades’ worth of data, measuring how 180 countries performed across 26 metrics. The metrics fell into one of five categories: macroeconomic stability, openness, quality of infrastructure, quality of institutions, and human development. Switzerland, despite al
This wealthy European nation has the most potential for future growth, researchers say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: chloe taylor
Keywords: news, cnbc, companies, ranking, economic, world, say, levels, growth, openness, researchers, nation, quality, future, european, wealthy, netherlands, potential


This wealthy European nation has the most potential for future growth, researchers say

Switzerland has more potential for economic growth than any other country in the world, according to new research.

In its fifth annual ranking of global economic growth potential released on Monday, management consultancy KMPG analysed two decades’ worth of data, measuring how 180 countries performed across 26 metrics.

The metrics fell into one of five categories: macroeconomic stability, openness, quality of infrastructure, quality of institutions, and human development.

Switzerland, despite already being a well-developed and wealthy nation, was awarded the highest score in the ranking, meaning it was most likely to see strong productivity levels (high levels of economic output) which would boost overall growth. The Netherlands and Singapore followed close behind.

While Swiss infrastructure, institutions and openness scored highly in KPMG’s ranking, the report said that education — a metric that fell under the human development category — was an area that needed attention.

“Switzerland scores below peers such as Germany, Netherlands, Finland and Denmark,” Yael Selfin, chief economist at KPMG in the U.K., told CNBC via email. “It will take up to 10 years for improvements in education to feed into the labor market, and it would therefore be good to also focus on improving workers’ skills through on-the-job training.”

Switzerland was recently named the best place in the world to live and work by HSBC, with 80% of people who had relocated to the country saying they were happy with its economic climate. According to the OECD, the small European nation had one of the world’s strongest economies in 2018.


Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: chloe taylor
Keywords: news, cnbc, companies, ranking, economic, world, say, levels, growth, openness, researchers, nation, quality, future, european, wealthy, netherlands, potential


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These are the best places to live in America in 2019

Here are the states that lead the rankings for being the best places to live in the U.S. this year. 2019 Quality of Life score: 219 out of 325 points (Top States Grade: B-)Strengths: Health, well-beingWeakness: Air quality2018 Quality of Life rank: 127. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)Strengths: Air quality, healthWeakness: Attractions2018 Quality of Life rank: 77. 2019 Quality of Life score: 235 out of 325 points (Top States Grade: B+)Strengths: Well-being


Here are the states that lead the rankings for being the best places to live in the U.S. this year. 2019 Quality of Life score: 219 out of 325 points (Top States Grade: B-)Strengths: Health, well-beingWeakness: Air quality2018 Quality of Life rank: 127. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)Strengths: Air quality, healthWeakness: Attractions2018 Quality of Life rank: 77. 2019 Quality of Life score: 235 out of 325 points (Top States Grade: B+)Strengths: Well-being
These are the best places to live in America in 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: scott cohn
Keywords: news, cnbc, companies, quality, best, states, crime, state, score, live, air, getty, places, america, life, 2019, points


These are the best places to live in America in 2019

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If you could live anywhere in America, where would that be? By the numbers, these are the states that offer the best quality of life. That’s because they offer everything people yearn for: job opportunities, affordable housing, great schools, a low cost of living, affordable health care and a clean environment. Good quality of life is also good business. What better selling point could there be for a company looking to attract the best talent than to offer a great location for employees to settle down and raise a family. In this tight labor market, companies are increasingly realizing how important this is for their strategic growth plans. It is why Quality of Life is one of the key categories worth 300 out of 2,500 points in CNBC’s annual America’s Top States for Business 2019 rankings. We use hard data to evaluate all 50 states as places to live — factors including crime rates, local attractions, environmental quality and inclusiveness as measured by legal protections written into state laws.

Here are the states that lead the rankings for being the best places to live in the U.S. this year.

10. Massachusetts

People running near Boston Harbor and Financial District at sunrise in Boston, Massachusetts. Prasit photo | Moment | Getty Images

Fewer than 3% of residents in the Bay State are without health insurance. That is the lowest uninsured rate in the nation, and it helps explain why this is one of America’s healthiest states. But that is not the only reason Massachusetts is a great place to live. Local attractions abound, from historic Boston and scenic Cape Cod in the east, to the beautiful Berkshires in the west. Boston prides itself as the Cradle of Liberty, and strong legal protections help ensure that freedom in Massachusetts applies to all. But Boston is also the cradle of some polluted air, hurting the state’s environmental quality. 2019 Quality of Life score: 217 out of 325 points (Top States Grade: B-)

Strengths: Health, attractions, inclusiveness

Weakness: Air quality

2018 Quality of Life rank: 10

9. Utah

Hiker in Arches Park Moab, Utah. Sportstock | E+ | Getty Images

The Beehive State gets its nickname from the industriousness of its citizens. Utahans not only work hard, they apparently love their work. According to Gallup’s 2018 Wellbeing Index, nowhere in the continental United States do people feel better about their careers. As busy as people are in Utah, they still find time to take care of themselves. They exercise frequently, and obesity rates are low. But air quality leaves a bit to be desired. 2019 Quality of Life score: 219 out of 325 points (Top States Grade: B-)

Strengths: Health, well-being

Weakness: Air quality

2018 Quality of Life rank: 12

7. (tie) Montana

Trail running in Big Sky. Jordan Siemens | Taxi | Getty Images

They call Montana Big Sky Country because all those unobstructed views really do make the sky seem bigger. And it turns out that big sky — and everything beneath it — contains the cleanest air in the nation according to the American Lung Association. Montana is a healthy, inclusive state, and crime is low. The state is lacking somewhat in attractions, at least in terms of places frequented by tourists. But if you are looking for breathtaking views, majestic mountains and crystal-clear waters — oh, and that big sky — this may be the place for you. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)

Strengths: Air quality, health

Weakness: Attractions

2018 Quality of Life rank: 7

7. (tie) Colorado

Skiing the Rockies in Colorado Getty Images

The Centennial State is home to rich natural beauty, vibrant cities, and robust inclusiveness provisions firmly enshrined in state law. Coloradans are healthy. Only 22.6% of the population is obese, the lowest rate in the nation. Air quality could be better, and the crime rate is slightly worse than the national average. 2019 Quality of Life score: 221 out of 325 points (Top States Grade: B)

Strengths: Inclusiveness, health, attractions

Weakness: Air quality

2018 Quality of Life rank: 9

5. (tie) Washington

A couple enjoy an extended hike in the Pacific Northwest RyanJLane | E+ | Getty Images

The Evergreen State is among America’s healthiest states, and its people are the most physically active. Who would not want to get out and enjoy a state with such natural beauty and so much to do. Washington prides itself on inclusiveness, with strong protections built into state law. Crime is low, but air quality may leave something to be desired. 2019 Quality of Life score: 232 out of 325 points (Top States Grade: B)

Strengths: Health, inclusiveness, attractions

Weakness: Air quality

2018 Quality of Life rank: 5 (tie)

5. (tie) New Hampshire

White Mountains, New Hampshire Greg Dale | National Geographic Image Collection | Getty Images

With its famous motto, “Live Free or Die,” it stands to reason that the Granite State is among America’s most inclusive. Freedom also includes security. New Hampshire enjoys the third lowest violent crime rate in the nation. The state also boasts the nation’s lowest child poverty rate. On the other hand, air quality can suffer, partly due to the state’s proximity to Boston. And the quiet life here means New Hampshire can sometimes lack things to do. 2019 Quality of Life score: 232 out of 325 points (Top States Grade: B)

Strengths: Inclusiveness, crime rate

Weaknesses: Air quality, attractions

2018 Quality of Life rank: 5 (tie)

4. North Dakota

The International Peace Garden along the US-Canada border in North Dakota. The central division divides Canada (right) from the USA (left). Photo: Dig Deeper | Wikipedia

The Peace Garden State derives its nickname from the International Peace Garden straddling the U.S.-Canadian border, a project that has its roots at the International Gardeners Association convention exactly 90 years ago. But the term “peace garden” could also refer to the idyllic lifestyle in this state. The crime rate is low, the population is healthy and happy, and anti-discrimination laws are stronger than most. But other than the aforementioned International Peace Garden, attractions can be sparse. 2019 Quality of Life score: 235 out of 325 points (Top States Grade: B+)

Strengths: Well-being, air quality, inclusiveness

Weakness: Attractions

2018 Quality of Life rank: 4

3. Minnesota

Couple cross country skiing on a north woods trail. JMichl | iStock | Getty Images

One of the many features of the North Star state is what the locals call “Minnesota Nice,” which is exactly what it sounds like. Minnesotans are welcoming and inclusive, as evidenced by thorough legal protections against discrimination. Crime rates are low, the population is healthy, and the air is clean. We don’t factor weather into our rankings because it is too subjective. But it is worth pointing out that while winters can be brutal here, Minnesotans not only adapt to the frigid weather; they flourish in it. 2019 Quality of Life score: 259 out of 325 points (Top States Grade: A-)

Strengths: Inclusiveness, health, air quality, crime rate

Weakness: Attractions

2018 Quality of Life rank: 3

2. Vermont

Man hiking in Vermont during Autumn Getty Images

The Green Mountain State has the nation’s second-lowest crime rate, inclusive state laws, and a healthy population. Vermont rode those attributes to a first-place finish in Quality of Life in 2018. The state still offers an enviable quality of life, but it slipped just enough in terms of air quality and its citizens’ perceived well-being in 2019 to drop out of the top spot. Vermont’s one discernible weakness is the fact that it offers few popular tourist attractions, but many people here would consider that a positive. 2019 Quality of Life score: 262 out of 325 points (Top States Grade: A-)

Strengths: Crime rate, health, inclusiveness

Weakness: Attractions

2018 Quality of Life rank: 1

1. Hawaii

Woman Kayaking, Oahu, Hawaii darekm101 | RooM | Getty Images


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: scott cohn
Keywords: news, cnbc, companies, quality, best, states, crime, state, score, live, air, getty, places, america, life, 2019, points


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This small European country has been ranked the world’s best place to live and work

Switzerland has been ranked the best place in the world to live and work, stealing the crown from Singapore which was at the top for five consecutive years. High living standards and competitive salaries have seen the Swiss nation become a regular fixture among the world’s most livable cities. About 82% of people who moved to Switzerland for work also said they enjoyed an improved standard of living compared to their home country. The top ten of HSBC’s “Best places to live and work” was rounded


Switzerland has been ranked the best place in the world to live and work, stealing the crown from Singapore which was at the top for five consecutive years. High living standards and competitive salaries have seen the Swiss nation become a regular fixture among the world’s most livable cities. About 82% of people who moved to Switzerland for work also said they enjoyed an improved standard of living compared to their home country. The top ten of HSBC’s “Best places to live and work” was rounded
This small European country has been ranked the world’s best place to live and work Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-04  Authors: karen gilchrist
Keywords: news, cnbc, companies, respondents, getty, singapore, best, switzerland, zealand, spain, place, small, live, quality, ranked, work, worlds, european, country, moved


This small European country has been ranked the world's best place to live and work

Switzerland has been ranked the best place in the world to live and work, stealing the crown from Singapore which was at the top for five consecutive years. High living standards and competitive salaries have seen the Swiss nation become a regular fixture among the world’s most livable cities. But at a time of growing global uncertainty, Switzerland’s famed political and economic stability helped it climb the ranks of HSBC Expat’s annual survey to score the top spot for the first time. Switzerland jumped up the rankings from 8th place last year after the vast majority of people who had relocated there from overseas said they were happy with its economic (80%) and political (86%) climate. About 82% of people who moved to Switzerland for work also said they enjoyed an improved standard of living compared to their home country.

Mist above Lucerne City, Switzerland in October 2017. shan.shihan | Moment | Getty Images

Seven in 10 (71%) of those who have moved to Switzerland now enjoy higher levels of disposable income with their average salary being $111,587 — well above the global mean of $75,966. Meanwhile, 70% said their surroundings were cleaner and 42% felt physically healthier. This year’s report, which is based on responses from more than 18,000 expats across 163 markets, marks the first time in five years that Singapore was not ranked in first place. The Southeast Asian city-state shifted down one position to take second place. The top ten of HSBC’s “Best places to live and work” was rounded out in order by Canada, Spain, New Zealand, Australia, Turkey, Germany, United Arab Emirates and Vietnam.

Singapore

Best for families

Mother and child walk close to Singapore business district. Leren Lu | Photographer’s Choice | Getty Images

Though Singapore failed to make it to the top of HSBC’s ranking for the sixth consecutive year, it remained a strong performer, especially for those moving abroad with children. Some 62% of respondents said the schooling system in Singapore is better than in their home country, while 69% rated the opportunity it afforded their kids to learn new languages.

Canada

Welcoming to foreigners

Hero Images | Hero Images | Getty Images

A consistently high performer, Canada’s reputation for welcoming foreign visitors saw it take third place this year. The vast majority (80%) of respondents also said they enjoyed a better quality of life in their new home, compared to the global average of 65%.

Spain

High quality of living

View of The Alhambra in Granada City, Spain Gonzalo Azumendi | The Image Bank | Getty Images

While few respondents said they relocated to Spain for their careers, more than two-thirds (67%) said they’d seen an improvement in their work-life balance as a result of the move. That, coupled with the country’s top ranking for mental well-being, saw Spain jump up 10 spots this year.

New Zealand

A long-term destination

View of Queenstown, New Zealand just after sunset. Ramiro Torrents | Moment | Getty Images

Renowned for its stunning scenery and laid back way of life, more than half (57%) of people who moved to New Zealand said they did so to improve their quality of life. And it appears to pay off: 60% of those who moved stayed longer than expected. In fact, those who move to New Zealand are the most likely to stay in their new country for over 20 years. Don’t miss: Working abroad could boost your salary by more than a third Like this story? Subscribe to CNBC Make It on YouTube!


Company: cnbc, Activity: cnbc, Date: 2019-07-04  Authors: karen gilchrist
Keywords: news, cnbc, companies, respondents, getty, singapore, best, switzerland, zealand, spain, place, small, live, quality, ranked, work, worlds, european, country, moved


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Fresh beef Quarter Pounders help McDonald’s gain market share for the first time in 5 years

Launching fresh beef at McDonald’s took more than four years and cost its meat suppliers more then $60 million to pull it off. The burger giant launched fresh beef for its Quarter Pounders across most of its U.S. stores in May 2018. McDonald’s had to create refrigerators designed to maintain the right temperature and kitchen utensils for handling fresh beef. Kalinowski said he’s watching to see if McDonald’s tests fresh beef in its overseas markets or for other burgers — like the Big Mac. In ear


Launching fresh beef at McDonald’s took more than four years and cost its meat suppliers more then $60 million to pull it off. The burger giant launched fresh beef for its Quarter Pounders across most of its U.S. stores in May 2018. McDonald’s had to create refrigerators designed to maintain the right temperature and kitchen utensils for handling fresh beef. Kalinowski said he’s watching to see if McDonald’s tests fresh beef in its overseas markets or for other burgers — like the Big Mac. In ear
Fresh beef Quarter Pounders help McDonald’s gain market share for the first time in 5 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-24  Authors: amelia lucas
Keywords: news, cnbc, companies, gain, help, think, quarter, pounders, share, market, beef, version, sold, burger, quality, fresh, mcdonalds


Fresh beef Quarter Pounders help McDonald's gain market share for the first time in 5 years

Launching fresh beef at McDonald’s took more than four years and cost its meat suppliers more then $60 million to pull it off.

But it looks like the risky decision — and logistical hurdles to speed the turnaround from cow to beef patty — is paying off for the fast-food giant.

McDonald’s said Monday it gained burger market share in the informal-eating-out category for the first time in five years, thanks in part to its nationwide launch of fresh beef.

The burger giant launched fresh beef for its Quarter Pounders across most of its U.S. stores in May 2018. Fresh beef is not available at McDonald’s locations in Hawaii, Alaska or U.S. territories.

The rollout came as fast-food chains fight for customers. McDonald’s rival Wendy’s has long boasted that its beef patties are never frozen, and it often used that as a way to take a swing at the Chicago-based giant. As struggles to grow traffic persist across the industry, other restaurant companies like Burger King have decided to go in a different direction: plant-based meats.

Part of McDonald’s strategy has been to offer better quality food, even though it can add more complexity to the kitchen and the supply chain. McDonald’s had to create refrigerators designed to maintain the right temperature and kitchen utensils for handling fresh beef. The company is also transitioning to using 100% cage-free eggs by 2025.

“We’re proud that taste and food quality drives sales,” Chris Kempczinski, the chain’s U.S. president, said in a statement.

McDonald’s said it sold 40 million more quarter-pound burgers during the first quarter of 2019 from a year earlier. The chain sold 30% more Quarter Pounders in the first year of the nationwide launch, according to the company.

“I think it’s a better product, and I think consumers have noticed,” Mark Kalinowski, CEO of Kalinowski Equity Research, said.

Kalinowski said he’s watching to see if McDonald’s tests fresh beef in its overseas markets or for other burgers — like the Big Mac. In early 2018, several locations in Texas and Oklahoma tested a fresh beef version of the Archburger, an updated version of its unsuccessful 1996 Arch Deluxe.


Company: cnbc, Activity: cnbc, Date: 2019-06-24  Authors: amelia lucas
Keywords: news, cnbc, companies, gain, help, think, quarter, pounders, share, market, beef, version, sold, burger, quality, fresh, mcdonalds


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Korean carmakers Genesis, Kia, Hyundai take top marks in JD Power’s annual quality survey

Once-dominant Japanese brands like Toyota, Nissan and Honda have taken a mighty fall on the quality charts, toppled on J.D. Power’s closely followed Initial Quality Study by two of the Big Three in Detroit as well as South Korea’s top carmarkers. Widely seen as an arbiter of automotive quality, J.D. Korean automakers Genesis, Kia and Hyundai led the industry with the top three highest marks and widened their gap in the rankings with brands like Toyota and Lexus that had long held the lead in the


Once-dominant Japanese brands like Toyota, Nissan and Honda have taken a mighty fall on the quality charts, toppled on J.D. Power’s closely followed Initial Quality Study by two of the Big Three in Detroit as well as South Korea’s top carmarkers. Widely seen as an arbiter of automotive quality, J.D. Korean automakers Genesis, Kia and Hyundai led the industry with the top three highest marks and widened their gap in the rankings with brands like Toyota and Lexus that had long held the lead in the
Korean carmakers Genesis, Kia, Hyundai take top marks in JD Power’s annual quality survey Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: paul a eisenstein
Keywords: news, cnbc, companies, marks, jd, hyundai, carmakers, korean, powers, study, brands, genesis, kia, nissan, survey, quality, toyota


Korean carmakers Genesis, Kia, Hyundai take top marks in JD Power's annual quality survey

Once-dominant Japanese brands like Toyota, Nissan and Honda have taken a mighty fall on the quality charts, toppled on J.D. Power’s closely followed Initial Quality Study by two of the Big Three in Detroit as well as South Korea’s top carmarkers.

Widely seen as an arbiter of automotive quality, J.D. Power’s IQS report released Wednesday delivered several for 2019.

Korean automakers Genesis, Kia and Hyundai led the industry with the top three highest marks and widened their gap in the rankings with brands like Toyota and Lexus that had long held the lead in the annual study. Not a single European brand, including the vaunted Mercedes-Benz and BMW, earned marks above the industry average this year.

Ford, its Lincoln brand and General Motor’s Chevrolet ranked Nos. 4, 5 and 6, respectively, followed by Nissan and and Fiat Chrysler’s Dodge.

A decade of quality improvements came to a screeching halt last year, according to J.D. Power. While most manufacturers were able to solve nagging issues with the infotainment systems that had dragged down their results in recent years, there was an unexpected surge in classic, mechanical problems with engines, brakes, suspension and paint.

Long known as quality laggards, Korean carmakers have made major improvements over the past few years, according to Dave Sargent, J.D. Power’s head of automotive research. That was apparent not only in the overall scores for the three brands but the fact that the Hyundai Motor Group, which includes Genesis and Kia, as well as Hyundai, had six individual segment winners, more than any other manufacturer.


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: paul a eisenstein
Keywords: news, cnbc, companies, marks, jd, hyundai, carmakers, korean, powers, study, brands, genesis, kia, nissan, survey, quality, toyota


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UK scientists aiming to use bionic leaves to tackle air pollution

Imperial College London is to work with a start-up called Arborea to develop innovative new technology that it hopes will boost air quality in the U.K. capital. In an announcement Monday, Imperial said that the BioSolar Leaf technology purified air by using the photosynthesis of microscopic plants. Air pollution is a serious problem globally. According to the World Heal Organization (WHO), 4.2 million people die each year “as a result of exposure” to outdoor air pollution, while 91% of the plane


Imperial College London is to work with a start-up called Arborea to develop innovative new technology that it hopes will boost air quality in the U.K. capital. In an announcement Monday, Imperial said that the BioSolar Leaf technology purified air by using the photosynthesis of microscopic plants. Air pollution is a serious problem globally. According to the World Heal Organization (WHO), 4.2 million people die each year “as a result of exposure” to outdoor air pollution, while 91% of the plane
UK scientists aiming to use bionic leaves to tackle air pollution Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: anmar frangoul
Keywords: news, cnbc, companies, pollution, dioxide, standards, vehicles, ulez, tackle, quality, aiming, system, leaves, bionic, air, scientists, london, euro, uk


UK scientists aiming to use bionic leaves to tackle air pollution

Imperial College London is to work with a start-up called Arborea to develop innovative new technology that it hopes will boost air quality in the U.K. capital.

In an announcement Monday, Imperial said that the BioSolar Leaf technology purified air by using the photosynthesis of microscopic plants.

Photosynthesis is a process through which plants use the energy of the sun to convert water and carbon dioxide into glucose and oxygen.

Arborea’s system enables plant-life like microalgae and phytoplankton to grow on “solar panel-like structures.” These can be installed in the urban environment to improve the quality of air, although they do not themselves generate electricity like a conventional solar panel would.

Imperial will give the company — which was set up by a former student, Julian Melchiorri — funding to develop an outdoor pilot of its cultivation system on its campus in White City — a district in the west of London.

According to the company, one acre of its system can remove carbon dioxide and produce oxygen 100 times more than one acre of forest.

Melchiorri said the company was “excited” about its collaboration with Imperial.

“In our ever-growing modern cities, cooperation between start-ups, academic institutions and governmental bodies is critical to enable and accelerate sustainable innovation that benefits both our society and environment,” he added.

He went on to state that the pilot plant would “produce sustainable healthy food additives while purifying the air, producing oxygen and removing carbon dioxide from the surrounding environment.”

Air pollution is a serious problem globally. According to the World Heal Organization (WHO), 4.2 million people die each year “as a result of exposure” to outdoor air pollution, while 91% of the planet’s population live in areas where the air quality exceeds WHO guideline limits.

Authorities in London are looking to mitigate the impact of air pollution through an Ultra-Low Emission Zone (ULEZ) that operates in central London 24-hours a day, seven days a week.

The ULEZ is built around something called “Euro Standards.” A framework introduced in 1992, the standards encompass emissions controls which set limitations for nitrogen oxides and particulate matter from a vehicle’s engine.

Petrol vehicles that do not meet Euro 4 standards and diesel vehicles that do not meet Euro 6 standards will have to pay a daily £12.50 ($16.14) ULEZ charge in addition to an existing £11.50 Congestion Charge.


Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: anmar frangoul
Keywords: news, cnbc, companies, pollution, dioxide, standards, vehicles, ulez, tackle, quality, aiming, system, leaves, bionic, air, scientists, london, euro, uk


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Disney shares are surging but some analysts are not sold on the streaming service

Disney just hit an all-time high off its new streaming service offering 5:29 PM ET Fri, 12 April 2019 | 03:23However, some analysts covering the streaming space are doubtful of Disney+’s ability to disrupt Netflix’s dominant position, saying its family focused content offering lacks quality and quantity compared with Netflix’s. “We do not view Disney+ as a strong alternative to Netflix,” Suntrust tech analyst Matthew Thornton said in a note Friday. “Bottom-line, Disney+ features family content,


Disney just hit an all-time high off its new streaming service offering 5:29 PM ET Fri, 12 April 2019 | 03:23However, some analysts covering the streaming space are doubtful of Disney+’s ability to disrupt Netflix’s dominant position, saying its family focused content offering lacks quality and quantity compared with Netflix’s. “We do not view Disney+ as a strong alternative to Netflix,” Suntrust tech analyst Matthew Thornton said in a note Friday. “Bottom-line, Disney+ features family content,
Disney shares are surging but some analysts are not sold on the streaming service Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-12  Authors: yun li, valerie macon, afp, getty images
Keywords: news, cnbc, companies, threat, service, analysts, netflix, quality, content, sold, view, streaming, subscribers, quantity, shares, offering, disney, surging


Disney shares are surging but some analysts are not sold on the streaming service

Disney just hit an all-time high off its new streaming service offering 5:29 PM ET Fri, 12 April 2019 | 03:23

However, some analysts covering the streaming space are doubtful of Disney+’s ability to disrupt Netflix’s dominant position, saying its family focused content offering lacks quality and quantity compared with Netflix’s.

“We do not view Disney+ as a strong alternative to Netflix,” Suntrust tech analyst Matthew Thornton said in a note Friday. “Bottom-line, Disney+ features family content, while Netflix offers a much broader range of content with the majority of the most-searched content on the platform.”

J.P. Morgan analyst Doug Anmuth also said Disney+ doesn’t pose a threat to Netflix.

“While we expect Disney+ will likely be the most competitive streaming offering to Netflix, we still do not view it as a major threat to Netflix subscriber numbers given Netflix’s quality & quantity of content, along with the global secular shift toward streaming,” Anmuth said in a note to clients Friday.

Disney is entering an increasingly competitive streaming war with rivals Netflix, Hulu and Amazon fighting for market share while various media companies such as Apple and NBC jump on the streaming bandwagon. Disney expects to ramp up its original content with a $1 billion investment in 2020 and $2 billion by 2024.

The company is also expected to reach between 60 million and 90 million subscribers by the end of 2024. One-third of those subscribers will be domestic and two-thirds will be international, the company said.

Disclosure: Comcast, which owns CNBC parent NBCUniversal, is a co-owner of Hulu.


Company: cnbc, Activity: cnbc, Date: 2019-04-12  Authors: yun li, valerie macon, afp, getty images
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Week Ahead: After mysterious lack of new jobs, slew of US data will be a big deal

I think we look back over the past few months and we had that very disappointing December retail sales number. The other significant market factor in the week ahead could be any developments on U.S.-China trade negotiations. The weakening trend in the first quarter, while expected, is hard to get a handle on, and while it’s expected to be temporary, every negative report increases doubts. First out of the gate Monday will be retail sales, which fell 1.2 percent in December. January’s headline nu


I think we look back over the past few months and we had that very disappointing December retail sales number. The other significant market factor in the week ahead could be any developments on U.S.-China trade negotiations. The weakening trend in the first quarter, while expected, is hard to get a handle on, and while it’s expected to be temporary, every negative report increases doubts. First out of the gate Monday will be retail sales, which fell 1.2 percent in December. January’s headline nu
Week Ahead: After mysterious lack of new jobs, slew of US data will be a big deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: patti domm, kamil krzaczynski, timothy aeppel
Keywords: news, cnbc, companies, retail, big, quality, report, data, negative, number, week, mysterious, shutdown, lack, deal, expected, economists, slew, sales, ahead, jobs


Week Ahead: After mysterious lack of new jobs, slew of US data will be a big deal

Why this expert says the February jobs miss is just a blip 17 Hours Ago | 02:08

But economists, while doubting the report, also said they are paying close attention to incoming data for signs the report is either an outlier or the beginning of a broader more negative trend.

“You go from 310,000 jobs to 20,000. That doesn’t seem logical,” said Ed Keon, chief investment strategist at QMA. ” I think we look back over the past few months and we had that very disappointing December retail sales number. That seemed a bit of a fluke…But we’re quants. You can’t just toss out the data that doesn’t agree with your existing view.”

The other significant market factor in the week ahead could be any developments on U.S.-China trade negotiations.

But the overriding issue is whether the global economy is slowing, particularly as China’s data continues to look weak.

Not all was negative in the U.S. February employment report. Economists said wage growth of 3.4 percent year over year and a lower 3.8 percent unemployment rate were encouraging, as were other data. The report also followed an unusually strong January number of 311,000, after revisions.

The 35-day government shutdown delayed many reports and may have affected the quality of others, economists said. The weakening trend in the first quarter, while expected, is hard to get a handle on, and while it’s expected to be temporary, every negative report increases doubts.

“Anybody who is mentioning the word ‘recession’ is wrong. The economy invariably slows in Q1. What we don’t know is it more than usual, and the poor quality and volatility in the data since the government shutdown has made it impossible to assess,” said Ward McCarthy, chief financial economist at Jefferies.

First out of the gate Monday will be retail sales, which fell 1.2 percent in December. January’s headline number is expected to fall by 0.1 percent but excluding autos and gasoline, sales are expected to rise by 0.7 percent, according to Refinitiv.


Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: patti domm, kamil krzaczynski, timothy aeppel
Keywords: news, cnbc, companies, retail, big, quality, report, data, negative, number, week, mysterious, shutdown, lack, deal, expected, economists, slew, sales, ahead, jobs


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Music streaming service Spotify to buy podcast producers Gimlet Media and Anchor

Music streaming service Spotify on Wednesday announced plans to acquire privately held podcast producers Gimlet Media and Anchor. Terms of the deals were not disclosed. “These acquisitions will meaningfully accelerate our path to becoming the world’s leading audio platform, give users around the world access to the best podcast content, and improve the quality of our listening experience as well as enhance the Spotify brand,” Daniel Ek, Spotify co-founder and CEO, said in a statement. This is br


Music streaming service Spotify on Wednesday announced plans to acquire privately held podcast producers Gimlet Media and Anchor. Terms of the deals were not disclosed. “These acquisitions will meaningfully accelerate our path to becoming the world’s leading audio platform, give users around the world access to the best podcast content, and improve the quality of our listening experience as well as enhance the Spotify brand,” Daniel Ek, Spotify co-founder and CEO, said in a statement. This is br
Music streaming service Spotify to buy podcast producers Gimlet Media and Anchor Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: cnbccom staff
Keywords: news, cnbc, companies, updates, streaming, buy, media, statementthis, worlds, podcast, anchor, world, producers, users, quality, gimlet, music, service, spotify


Music streaming service Spotify to buy podcast producers Gimlet Media and Anchor

Music streaming service Spotify on Wednesday announced plans to acquire privately held podcast producers Gimlet Media and Anchor.

Terms of the deals were not disclosed.

“These acquisitions will meaningfully accelerate our path to becoming the world’s leading audio platform, give users around the world access to the best podcast content, and improve the quality of our listening experience as well as enhance the Spotify brand,” Daniel Ek, Spotify co-founder and CEO, said in a statement.

This is breaking news. Please check back for updates.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: cnbccom staff
Keywords: news, cnbc, companies, updates, streaming, buy, media, statementthis, worlds, podcast, anchor, world, producers, users, quality, gimlet, music, service, spotify


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Elf Beauty pays nearly $1 million for violating North Korean sanctions—with false eyelashes

A $1 million settlement for a company with annual revenues of $270 million is not usually enough to bat an eyelash, except when it has to do with North Korea. Beauty imported 156 shipments of false eyelash kits, valued at $4.43 million, from two suppliers located in China, and those eyelash kits contained materials the Chinese suppliers sourced from North Korea. The eyelash kits were imported approximately from April 1, 2012 to Jan. 28, 2017.e.l.f. Beauty has agreed to pay $996,080 to settle its


A $1 million settlement for a company with annual revenues of $270 million is not usually enough to bat an eyelash, except when it has to do with North Korea. Beauty imported 156 shipments of false eyelash kits, valued at $4.43 million, from two suppliers located in China, and those eyelash kits contained materials the Chinese suppliers sourced from North Korea. The eyelash kits were imported approximately from April 1, 2012 to Jan. 28, 2017.e.l.f. Beauty has agreed to pay $996,080 to settle its
Elf Beauty pays nearly $1 million for violating North Korean sanctions—with false eyelashes Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: courtney reagan, alexiszernescu, istock, getty images
Keywords: news, cnbc, companies, violating, elf, eyelash, eyelashes, quality, suppliers, false, kits, north, violations, million, pays, korea, sanctionswith, korean, beauty, nearly, company


Elf Beauty pays nearly $1 million for violating North Korean sanctions—with false eyelashes

A $1 million settlement for a company with annual revenues of $270 million is not usually enough to bat an eyelash, except when it has to do with North Korea.

The U.S. Office of Foreign Assets Control says e.l.f. Beauty imported 156 shipments of false eyelash kits, valued at $4.43 million, from two suppliers located in China, and those eyelash kits contained materials the Chinese suppliers sourced from North Korea. The eyelash kits were imported approximately from April 1, 2012 to Jan. 28, 2017.

e.l.f. Beauty has agreed to pay $996,080 to settle its “its potential civil liability for 156 apparent violations of the North Korea Sanctions Regulations.”

“During a routine, self-administered audit in early 2017, we discovered two third-party suppliers utilized some materials from the Democratic People’s Republic of Korea to produce certain false eyelash kits,” the cosmetic company’s CEO and Chairman Tarang Amin said a statement to CNBC. Amin noted his company was not aware of the origin of the materials. “These false eyelash kits represented less than 1 percent of e.l.f.’s revenue at the time.”

In its statement, the Office of Foreign Assets Control, which is part of the Treasury Department, agreed the beauty company’s personnel did not appear to know the material was from North Korea, noted the violations did not make up a “significant” portion of e.l.f. Beauty’s business, and said the company immediately disclosed the violation.

Attorney Seth Berenzweig, managing partner of Berenzweig Leonard LLP said problems with supply chain compliance does comes up from time to time.

“But this is a sophisticated cosmetics company, and the length of time — half a decade — and the number of violations, is surprising,” he said. Berenzweig was not involved in this case, but has experience in the area of corporate compliance with government regulations.

“We take great pride in doing the right thing and having strong compliance and quality assurance programs,” Amin said. “In our 15-year history, we have delivered the best combination of quality, cost and speed in our industry. We are continually enhancing our quality assurance program and are committed to ensuring that all of our products are produced legally and responsibly.”

Berenzweig said this is a “cautionary tale” for other retailers. “The only reason the Treasury Department went easy on [e.l.f. Beauty] was because it self-reported and agreed to put in a lot of controls in place to avoid this in the future.”


Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: courtney reagan, alexiszernescu, istock, getty images
Keywords: news, cnbc, companies, violating, elf, eyelash, eyelashes, quality, suppliers, false, kits, north, violations, million, pays, korea, sanctionswith, korean, beauty, nearly, company


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