At the beverage company. A 19year cocacola veteran. Most recently president of the companys european arm. Shares are basically flat today. Year to date they are down a bit by about 2 . Sara eisen is with us live this hour from the new York Stock Exchange. Sara, this isnt only a story about coke today. A big controversy erupting over the Health Impact of the soft drinks. Yes. Scientists at the center of this weeks coke controversy is speaking out. Dr. Jaimes hill at the universiy of colorado says the recent media reports on his work vastly oversimplify a complex issue, he says, of fighting obesity. Coke has faced a firestorm of criticism this week after the New York Times reported monday that coke is secretly funding dr. Hills work which says that obesity is mainly caused by lack of exercise, not diet, not calories like those in sugary drinks. Well, thats not entirely true, says dr. Hill. He says diet is a critical component of weight control as are exercise, stress management, sleep an
And by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose Terry Mcdonnell is here. His career in magazine journalism spans more than four decades, 40 years. Hes edited some of this countrys influential magazine including outside, esquire, Rolling Stones and sports illustrated. He also worked with and befriended many literary writers. He chronicles his long life in publishing and in the world of letters in this new memoir, it is called the accidental life, editors notes on writing and writers. Hes a friend and im proud to have him at this table. Welcome, sir. Its great to be back. Rose good to have you here. So why did you decide and what was the point here for this particular book . Is it one you always knew that you had to write because it was your life and it involved the ideas writing and the people, writers, that you cared the most about. It feels now
And by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose Terry Mcdonnell is here. His career in magazine journalism spans more than four decades, 40 years. Hes edited some of this countrys influential magazine including outside, esquire, Rolling Stones and sports illustrated. He also worked with and befriended many literary writers. He chronicles his long life in publishing and in the world of letters in this new memoir, it is called the accidental life, editors notes on writing and writers. Hes a friend and im proud to have him at this table. Welcome, sir. Its great to be back. Rose good to have you here. So why did you decide and what was the point here for this particular book . Is it one you always knew that you had to write because it was your life and it involved the ideas writing and the people, writers, that you cared the most about. It feels now
President obama and chinas xi jinping reach a deal on climate change. Lets update you on the banks charges as we just head to the top of the headlines the uk levied fines against ubs, jp morgan chase, citigroup, rbs, hsbc and barclays. As you can see, the stocks in general off, but only off slightly. Barclays is not included in the fines as it was working with the fda on an fx settlement. Sources told cnbc it pulled out after issues with the u. S. Regulators. Thats why the u. S. Regulators are holding a press conference at any moment. Joining us now, marc ostwald. Heel ya is also joining us in studio to give us more on what just happened. Also, i would love to get to know your biggest take away on the fines that have been charged. The consult temperature still has major, major hurdles and i think everyone would degree. Weve been the chairman of ubs talking about the culture still hasnt repaired problems still within the Investment Bank and lots of action needs to be taken. Remember, we
Shares of cisco come under pressure as emerging markets weigh on the companys earnings and outlook. Announcer youre watching worldwide exchange, bringing you business new from around the globe. Hi, everybody. Im seema mody. Coming up on the show, big business of retailers, we find out how American Eagle plans to get its claw into the key Fashion Market here in europe. And sold for 151 million after a record breaking auction, we take a look at some of the worlds most expensive pieces of art. And find out why resident necessary cambridge could be hearing a weird buzzing in the air over the coming months. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. Were waiting for a report that is expected to get fifa into qatar in 2022. That record was due at 9 00 a. M. This report is from the fifa head judge. It is not the report a few months ago by michael. Yusef, were still waiting forethat report. It is expected to clear the way