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On Friday, the head of the exclusive hotel and social club chain Soho House said the company saw a record rise in non-alcoholic drink sales during this year's Dry January. "What we also saw in January was a much bigger spike in non-alcoholic beverage consumption, much more than we've ever seen before," said Andrew Carnie, the chief executive officer of Soho House, on the company's earnings call. The Soho House brand has long prided itself on being associated with all things cool and en vogue — and the low-to-no booze trend is no exception. Millennials are the most interested in non-alcoholic drinks, compared with older and younger peers, per ISWR. UK bar revenues in January were down 11.5% compared with the same period in 2023, according to market researcher CGA.
Persons: , Andrew Carnie, Blake Lively, Katy Perry, Bella Hadid Organizations: Service, Soho, Business, Soho House, Guardian, British Locations: Soho, London, Bangkok, Moscow
Love them or loathe them, giant cruise ships are among the most remarkable success stories of the mass tourism age. Rechristened the Mardi Gras, the first Carnival cruise ship sailed out of Miami that March. Cruise ships like the Icon of the Seas will spend the majority of their trip at sea. Eight years later, cruise ships such as the Diamond Princess became early incubators for COVID-19. Cruise Market Watch forecasts there will be 360 cruise ships in service at the end of this year, comprising less than 1% of the global commercial fleet.
Persons: Ted Arison, Arison, Pieter De Boer, Costa, Diamond, Aaron Saunders, We've, Sue Bryant, Z, sass, Emma Le Teace, YouTuber, David Foster Wallace, Harper's, Sarah Knorr, Bryan Comer, Karla Hart, Hart, Saunders, it's, Henry Wismayer Organizations: Port, Passengers, Mardi Gras, Mardi, Gras, Cruise, Royal Caribbean, Costa Concordia, Cruise Lines International Association, Broadway, CivicScience, Royal, Virgin, Business, Transport & Environment, Getty, International Council, Global Cruise, Global Cruise Activist Network, Cruise Market, Royal Caribbean International, New York Times, National Geographic, Financial Times Locations: Port of Miami, Caribbean, Miami, The Port, Tuscany, Italy, Royal Caribbean, TikTok, Panama, Bahamas, Brussels, Netherlands, Douarnenez, Venice, Dubrovnik, Croatia, Amsterdam, Juneau , Alaska, Skagway , Alaska, CocoCay, London
The U.S. economy is on a roll, expanding at a 4.9% annual clip in the third quarter, the Bureau of Economic Analysis reported on Thursday. Analysts are looking for the overall index to show prices increased at a 3.4% annual rate and the core index at 3.7%, down from 3.5% and 3.9%, respectively. On Wednesday, Adobe Analytics issued its monthly measure of online prices showing they continue to fall, hitting a 41-month low in September. “Online prices fell for the majority of Adobe’s tracked categories (12 of 18) on an annual basis. On a month-over-month basis, online prices were down 0.6%.”
Persons: ” Joseph Brusuelas, , Steve Rick, Raymond James, Eugenio Aleman, Organizations: Economic, RSM US, Federal Reserve, TruStage, Labor Department, Adobe Analytics, Locations: U.S
X, the platform formerly known as Twitter, has a new motto, and it sounds like it belongs to an '80s cover band. It's the latest change in Elon Musk's rebrand of Twitter into an "everything app." X — the app formerly known as Twitter — has a new slogan, and it sounds a little too much like a Bon Jovi song. the app's page in the Apple App Store now reads, a change from the former tagline of "Let's talk." Declarative and reminiscent of an '80s rock band, the phrase is Elon Musk's latest change as he rebrands Twitter to X.
Persons: X, Twitter —, Elon, Musk, adieu Organizations: Apple, Twitter, X Corp Locations: Elon Musk's, San Francisco
The social media platform Twitter rebranded to X, Elon Musk announced last week. It's been a whirlwind week for Twitter, or X — whatever you decide to call it now. But Elon Musk, long obsessed with the idea of a brand named X, trudged on in the face of disapproval from users. He said that the risky move could inject newfound excitement and interest into the social media company. "I would never bet against Elon Musk," Carr said.
Persons: Elon Musk, it's, It's, Jenn Takahashi, Takahashi, Musk, , she'll, Mike Carr, Carr, Twitter —, CivicScience, Vanitha, Swaminathan Organizations: Twitter, X, San, Takahashi PR, Bloomberg, New York Times, Elon, Center, Branding, University of Pittsburgh Locations: San Francisco
When Elon Musk unveiled the X rebranding of Twitter earlier this week, howls of complaint echoed across the social-media platform. CivicScience conducted an online survey after the X announcement and got more than 5,000 responses, including over 1,000 responses from Twitter users. Results from a recent CivicScience survey CivicScienceThere's even some positive news regarding Threads, Meta's recently launched Twitter rival. There are roughly 250 million daily average users of Twitter, and CivicScience's poll got results from a few thousand people. 40% of daily Twitter users and a 51% of weekly users are not currently interested in using X with its expected new features, "so the move is likely to be disruptive," CivicScience reported.
Persons: Elon Musk, CivicScience, Meta's, Musk Organizations: Twitter, CivicScience, Morning
It also still remains to be seen whether Musk will lead to a meaningful surge in Twitter exits, or if his changes could attract more users. Even before Musk announced planned changes to the platform, some people threatened to quit Twitter over his ownership. "After some introspection, I've made the decision to focus my time and energy elsewhere and move on from Twitter," Nibel tweeted. Producer Shonda Rhimes, who joined Twitter in 2008, tweeted on Saturday, two days after Musk's acquisition was final, "Not hanging around for whatever Elon has planned. Critics have said they're worried, however, about a potential rise in misinformation on Twitter under Musk.
In the Gen X amid the Pandemic Report, Insider Intelligence assesses US Gen Xers' finances and how they've been affected by the pandemic. Many Gen Xers have yet to recover from the Great Recession, and the pandemic didn't help the unstable financial health of this cohort. Gen X remote workWith no sign of retirement in sight, Gen X has had to adapt to a completely digital, remote-work atmosphere. Gen X spending habitsXers became more digital in their shopping during the pandemic. In this report, we assess US Gen Xers' financial standings and how they've been affected by the pandemic.
They heat their home mainly with fuel oil, which costs them $4.57 a gallon, up from around $3.10 last year. Duke Energy customers in Indiana were recently hit with a 7% hike after a temporary 16% increase just this summer. Fuel oil customers often must pay for deliveries up front, and many suppliers have been less willing to offer payment plans because of market volatility, experts said. “I don’t have savings, period.”Brickey and Parks applied for LIHEAP assistance through District Three, a government cooperative geared toward senior citizens in southwest Virginia. They had three months of electricity paid for this past summer, along with $800 worth of fuel oil assistance last winter.
The following is a preview of one Insider Intelligence Health report, The Digital Health Ecosystem . Key digital trends in the health ecosystemWhat is digital health? While the healthcare industry was slow-moving when it came to digital solutions, COVID-19 upended the entire health ecosystem, including insurance, healthcare delivery, and pharmaceutical spaces. Telemedicine is a growing part of the digital health ecosystem. Health ecosystem forecast for 2021While some aspects of the healthcare ecosystem are tough to predict moving forward, one thing is certain: digital healthcare is here to stay.
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