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Sweetgreen shares surged 35% on Friday after the company topped Wall Street's revenue expectations for the first quarter. The salad chain reported $158 million in revenue, beating the LSEG consensus estimate of $152 million. It is an increase of 26% from the prior-year period, when it reported revenue of $125.1 million. Neman added that the company remains "on track" to open about seven new automated Infinite Kitchen restaurants this year and plans to establish more next year. The company announced Tuesday it's introducing steak to the menu, expanding its protein offerings with a Caramelized Garlic Steak protein plate, a Steakhouse Chopped warm bowl and a Kale Caesar (Steak) salad.
Persons: Sweetgreen, Jonathan Neman, Kale Caesar, Nicolas Jammet, We're Organizations: Wall, South Lake Union, Analysts Locations: Neman, South Lake, Seattle, Boston
ESPN and League One Volleyball have reached a multi-year media rights deal, starting with the league's inaugural professional volleyball season, LOVB announced Thursday. ESPN will air 10 LOVB Pro matches across its linear networks and 18 matches on ESPN+ as part of the first season, which begins in January. LOVB operates 47 youth volleyball clubs in 22 states across the U.S. with more than 1,200 youth teams. Spaulding told CNBC in an interview the introduction of a professional league makes the business a "true youth-to-pro ecosystem." LOVB Pro matches will also be available on ESPN platforms in select countries and territories such as Canada, the Caribbean, Latin America, Sub-Saharan Africa, Australia and New Zealand.
Persons: LOVB, Daniel Margulis, ESPN's, It's, LOVB's, Rosie Spaulding, Spaulding Organizations: ESPN, League, Disney, Fox Corp, Warner Bros, CNBC Locations: Austin , TX, Atlanta, Austin , Texas, Houston, Madison , Wisconsin, Omaha , Nebraska, Salt Lake City, American, Canada, Caribbean, Latin America, Saharan Africa, Australia, New Zealand
The Macy's logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. "Through our investigation, we found that Rehana's Cosmetics was well-known to shoplifters, who would willingly bring them stolen items," Bragg said. Manhattan District Attorney Alvin Bragg announced an indictment relating to more than $1 million in stolen goods as part of a retail theft fencing operation. The charges come as retailers such as Target and Ulta increasingly cite theft as a growing problem at their stores. In March, a monthslong CNBC investigation showed how police broke up an organized retail crime ring that stole millions in cosmetics from Ulta stores and resold them on Amazon .
Persons: shoplifters, Bragg, Rehana's, Alvin Bragg, Attorney Alvin Bragg Organizations: Empire, Manhattan, Attorney, CNBC, Attorney's Office, CVS, Manhattan District Locations: New York City, Midtown Manhattan, borough's, New York
Costco's new CFO won't inherit his predecessor's parking spot, as he hasn't served enough time there yet. Some employees have stayed at the company for over 30 years, and several execs started out working on the shop floor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCostco's CFO, Robert Galanti, retired in March after 40 years at the company, but the new CFO won't be so quick to fill in his parking spot. Reserved parking spaces at Costco are based on tenure rather than seniority, The Wall Street Journal reported.
Persons: hasn't, , Robert Galanti, Gary Millerchip, Galanti, Ron Vachris, Todd Thull, John Conlon, he's, Craig Jelinek, " Jelinek, didn't Organizations: Costco, Service, Street Journal, Business Locations: Costco, Issaquah , Washington
“Should exposure to microplastics and nanoplastics be considered a cardiovascular risk factor? Nanoplastics have been found in human blood, lung and liver tissues, urine and feces, mother’s milk, and the placenta. The examination found “visible, jagged-edged foreign particles” scattered in the plaque and external debris from the surgery, the study said. Presence of microplastics and nanoplastics, and subsequent inflammation, may act to increase one’s susceptibility to these chronic diseases,” Stapleton said in an email. However, calling the study results “a direct link to cardiovascular disease is a stretch for the findings,” she added.
Persons: , Raffaele Marfella, Marfella, University of Campania Luigi Vanvitelli, Philip Landrigan, ” Landrigan, nanoplastics, Landrigan, Mary Conlon, , that’s, Andrew Freeman, Phoebe Stapleton, Rutgers University’s Ernest Mario, , ” Stapleton, Leonardo Trasande, don’t, Trasande Organizations: CNN, New England, of Medicine, University of Campania, Boston College, Program, Global Public Health, Global, Planetary Health, International, Water Association, Surgeons, Jewish Health, Rutgers, Rutgers University’s Ernest Mario School of Pharmacy, Getty, American Academy of Pediatrics, NYU Langone Health, Natural Resources Defense Council, Invest Locations: Naples, Italy, Denver, Piscataway , New Jersey
Milan CNN —Gimmicks were gone at the latest Milan runways — which concluded yesterday — with designers instead striking a more serious note that encouraged investment buying. Julianne Moore, A$AP Rocky and Salma Hayek front row at the Bottega Veneta fashion show during the Milan Fashion Week. Jacopo Raule/Getty Images1980s reduxRelegated as the style decade that people preferred to forget, the 1980s is slowly but surely starting to pop up on the radar. Jacopo Raule/Getty ImagesEven at MaxMara, famed for its trademark camel, creative director Ian Griffiths went in a deliberately different direction to focus on silhouette over shade. Jacopo Raule/Getty ImagesDark colors also dominated at Giorgio Armani this season.
Persons: Milan, Miuccia Prada, Raf Simons, Donatella Versace, , Julianne Moore, Rocky, Salma Hayek, Daniele Venturelli, Giorgio Armani, Bottega Veneta’s Matthieu Blazy, ” Franken, Franken, Jonas Gustavsson, Matthieu Blazy, Victor Virgile, Blazy “, Massimo Giorgetti —, Truman Capote’s “, , knitwear, Jacopo Raule, Jil Sander, stilettos, Matteo Tamburini, Kim Jones, Karl Lagerfeld, Leigh Bowery, Judy, Julia, Versace, Anne Hathaway, Gina di Bernardo —, Aldo Fallai’s, Prince, Ferragamo, Tom Ford, Giovanni Giannoni, Ian Griffiths, “ We’re, we’re, Marco M, Gigi Hadid, Solange Knowles, Jacopo M, Matthieu, Aitor Rosas Sune, WWD, Hari Nef, Riccardo Giordano, Sipa Cate Blanchett, Gabriel Bouys Organizations: Milan CNN, Prada, Bottega Veneta, Blazy, Truman Capote’s “ La, Truman Capote’s “ La Cote Basque, Getty, Dolce, Diesel, Milan Locations: Milan, , Bottega, MSGM, Truman Capote’s “ La Cote, London, “ London, MaxMara, Avavav, AFP
Baylor University's $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for the fiscal year that ended June 30, outperforming the entire conference. Morehead joined the university in 2011, and since fiscal 2012, Baylor's endowment has more than doubled. The key to Baylor's endowment success, according to Chief Investment Officer David Morehead, is taking advantage of dislocations in the market. This increase comes as endowment returns have rebounded nationally. Endowment returns were up 7.7% in fiscal 2023, per the latest study by the National Association of College and University Business Officers and Commonfund.
Persons: Morehead, CNBC's, David Morehead, Baylor's annualized Organizations: Baylor University's, Ivy League, Brown University, Wall Street, National Association of College and University Business, CNBC, Nvidia
Baylor University's $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for the fiscal year that ended June 30, outperforming the entire conference. Morehead joined the university in 2011, and since fiscal 2012, Baylor's endowment has more than doubled. The key to Baylor's endowment success, according to Chief Investment Officer David Morehead, is taking advantage of dislocations in the market. This increase comes as endowment returns have rebounded nationally. Endowment returns were up 7.7% in fiscal 2023, per the latest study by the National Association of College and University Business Officers and Commonfund.
Persons: Morehead, CNBC's, David Morehead, Baylor's annualized Organizations: Baylor University's, Ivy League, Brown University, Wall Street, National Association of College and University Business, CNBC, Nvidia
Moschino: Adrian Appiolaza makes his Milan debut
  + stars: | 2024-02-23 | by ( Scarlett Conlon | ) edition.cnn.com   time to read: +5 min
Milan CNN —Trompe ‘l’oeil suspenders, resplendent ruffles, and polka dots aplenty: the 1980s Moschino archive was out in force to mark Adrian Appiolaza’s debut as creative director at the house on Thursday evening in Milan, albeit filtered through a fresh perspective. “It was about taking Franco Moschino’s masterpieces and bringing them back to life while balancing the theatricality that he was known for,” said Appiolaza at a preview of the pieces before the show. “Today, it’s important for people to feel related to the collection.”Appiolaza said his aim with this collection was to bring Franco Moschino's masterpieces "back to life." As an avid collector and self-proclaimed archivist, Appiolaza’s instinct took him straight to the founder Franco Moschino’s back catalogue. Jacopo Raule/Getty ImagesSpliced Stetsons and double denim also continued the cowboy-core theme we've seen a lot for fall.
Persons: Milan, resplendent ruffles, Adrian Appiolaza’s, Franco, , Appiolaza, ” Appiolaza, Jacopo Raule, Loewe, Alexander McQueen, Miguel Andover, Phoebe Philo, Davide Renne, Jeremy Scott, Franco Moschino’s, , Pietro D'Aprano, Smiley, , Katy Perry, SpongeBob, Tweety Bird, Adrian Appiolaza Organizations: Milan CNN, , CNN, McDonalds Locations: Milan, Chloé
LOS ANGELES (AP) — The Los Angeles Opera opens its 2024-25 season Sept. 21 with Puccini’s “Madama Butterfly” reimagined in a film studio and said Saturday it will present the company premiere of Osvaldo Golijov’s “Ainadamar" while reducing its offerings from six main-stage productions to five. Mario Gras's “Butterfly” staging, first seen at Madrid’s Teatro Real in 2017, stars Karah Son as Cio-Cio-San and Jonathan Tetelma as Pinkerton in their company debuts. The six main-stage productions in 2022-23 brought in $9.4 million; the COVID-shortened 2019-20 season resulted in just under $7 million from four stagings. “That’ll be our ninth main-stage opera in Spanish in the company’s 38-year history,” Koelsch said. Tomer Zvulun’s staging of Verdi’s “Rigoletto,” which premiered at the 2019 Houston Grand Opera, opens May 31, 2025, with Quinn Kelsey, Rosa Feola in her company debut and René Barbera.
Persons: Puccini’s, Osvaldo Golijov’s “, Mario Gras's, Karah, Jonathan Tetelma, Pinkerton, James Conlon, Martin, Christopher Koelsch, ” Koelsch, , Ana María Martínez, Daniela Mack, Deborah Colker, , Ian Judge’s, Roméo, Juliette ”, Duke Kim, Amina Edris, Michael Cavanagh’s, Conlon, Erica Petrocelli, Tomer, Verdi’s, Quinn Kelsey, Rosa Feola, René Barbera Organizations: ANGELES, Los Angeles Opera, Teatro Real, Martin Gas, LA, Hollywood, ” Revenue, Scottish Opera, Detroit Opera, Welsh National Opera, Metropolitan Opera, San Francisco Opera, Houston Grand Opera Locations: Japan,
Cargo theft incidents were up more than 57% in 2023 compared with the year prior, according to CargoNet, a Verisk company. I haven't seen cargo theft at this level," Scott Cornell, the national practice transportation lead at Travelers, told CNBC. Nearly $130 million worth of goods was stolen in 2023, but since reporting cargo theft is not mandatory, the amount is likely higher than this, according to CargoNet. "Now, we're probably taking in about 220 plus a month of cargo theft events." Cargo theft refers to goods being stolen at any point in the transportation journey and incidents have reached unprecedented levels.
Persons: Scott Cornell, Keith Lewis, we're, Ron, they're, Barry Conlon Organizations: Travelers, CNBC, Cargo Locations: CargoNet, California , Texas, Florida, Louisville , Kentucky
BRATTLEBORO, Vt. (AP) — A man arrested last month in Connecticut in the killing of a television news anchor's mother in Vermont last February has pleaded not guilty to second-degree murder. Claudia Voight, 73, of Windham, Vermont, died in her home Feb. 20, 2023. She was the mother of Heidi Voight, an NBC Connecticut news anchor and Miss Connecticut 2006. Law enforcement officials initially believed Claudia Voight suffered from a medical event but later determined she died from neck compression that was detectable only during an autopsy. Political Cartoons View All 253 ImagesAn email seeking comment on Conlon's behalf was sent Saturday to his attorney.
Persons: Shawn Conlon, Claudia Voight, Heidi Voight, Conlon, Claudia Voight's Organizations: NBC, Miss, Vermont State Police Locations: BRATTLEBORO, Vt, Connecticut, Vermont, Brattleboro, Windham , Vermont, NBC Connecticut, Miss Connecticut
The Utah Jazz is casting its net wide for international players. "We have scouts all over the world — almost every basketball country throughout the world," Danny Ainge, the team's CEO and governor, told CNBC's "Halftime Report" on Friday. All 30 NBA teams feature at least one international player this season. Ainge joined the Utah Jazz as CEO in December 2021 after leading basketball operations for the Boston Celtics for 18 years. This marks a 52.59% increase from last year and a 76.57% increase since the year Ainge joined the franchise.
Persons: Danny Ainge, CNBC's, Ainge Organizations: Utah Jazz, National Basketball Association, NBA, StubHub, Boston Celtics Locations: South America, Europe, Asia, U.S, Canada, France, Utah
This yellow coat and matching hat channeled fisherman chic at SS Daley. Giovanni Giannoni/WWD/Getty ImagesA seafaring element was evident in the collection at Emporio Armani too. To complement the sleek lines of suits came long coats in fine wool and leather that were part “Bladerunner,” part “Matrix” and part ode to the 1990s. The brooch is back, pinned to lapels at S.S. Daley, Magliano, Emporio Armani and Dolce & Gabbana. Functional, useful and classic, as above at Emporio Armani, were the key themes of the season in Milan.
Persons: Milan, Miuccia Prada, Raf Simons, Simons, officewear, Victor Virgile, , Daley, Giovanni Giannoni, Emporio Armani, Steven Stokey Daley, Harry Styles, Silvia Venturini Fendi, Anne, Britain's Princess Anne, Alessandro Levati, ” Fendi, Princess Royal, , chunky knitwear, Neil Barrett, British Harris, Brunello, , JW Anderson, Justin Shin, tailcoats, Stefano Gabbana, Domenico Dolce, Gabbana, Stefania D'Alessandro, Sabato de Sarno, Tom Ford, Sabato de, Gucci, Daniele Venturelli, de Sarno, Magliano, Massimo Giorgetti, Franco Albini, Gabanna, Armani Organizations: Milan CNN, Prada, CNN, Balmoral, Gabbana, Gucci, Dolce, Milan Metro, diamante Locations: Milan, British, Florence, Wellington, S.S, Saltburn, Italy
About 10 to 100 times more nanoplastics than microplastics were discovered in bottled water, the study found. AdvertisementScientists said they're cutting back on bottled waterThe inside of an optical box reveals the components that organize the light from laser beams to identify nanoplastics, microscopic plastic pieces. Related storiesAll four co-authors interviewed said they were cutting back on their bottled water use after they conduced the study. Wei Min, the Columbia physical chemist who pioneered the dual laser microscope technology, said he has reduced his bottled water use by half. Previous studies looking for microplastics and some early tests indicate there may be less nanoplastic in tap water than bottled.
Persons: Naixin Qian, Mary Conlon, , Qian, Phoebe Stapleton, microplastics, Wei Min, Stapleton, Beizhan Yan, there's, Jason Somarelli, Somarelli, Zoie Diana, Diana, Min, Yan, Kara Lavender, Denise Hardesty, Louis Organizations: Service, Business, Columbia, Rutgers, National Academy of Sciences, micron, WalMart, Water Association, American Chemistry Council, United Nations Environment, Duke University, University of Toronto, Kara Lavender Law, Sea Education Association Locations: Columbia, New Jersey, Australian, Boston, St, Los Angeles
Tuesday, Dec. 5, 2023: Cramer says these two Club holdings are a buyJim and Jeff discuss why there's an opportunity to buy these two holdings in the Charitable Trust. Jim also says that the current market sentiment toward this pharmaceutical stock is a mistake following the company's announcement that its obesity drug is now available in U.S. pharmacies. Finally, Jim explains why this megacap tech position is gaining right now.
Persons: Cramer, Jeff, Jim Organizations: Charitable Trust
The poll found that 55% of Black respondents said they feel like they must be very careful about their appearance to be treated fairly at medical visits. That’s similar to the rate for Hispanic and Alaska Native patients – and nearly double the rate for white patients. Nearly 30% of Black respondents prepare to be insulted, also about double the rate for white patients. Asians and Hispanics were three times more likely to say they’ve been treated badly in a health care setting because of their race than white respondents and Black respondents were 6 times more likely. “The consequences in health care are really striking and very frightening, honestly, to understand what people need to do to be taken seriously, to be seen as a whole person,” she said.
Persons: KFF, Christine Wright, Wright, she’s, , you’re, , Drew Altman, Allison Bryant, Bryant, ” Bryant, Luna Roldán, te, they’ve, Mary Conlon, Robert Wood Johnson Organizations: Associated Press, Massachusetts General Hospital, Latina, Indians, Alaska Natives, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Alaska, U.S, Massachusetts, Lake Worth , Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world's largest iceberg is now sailing away from AntarcticaRecent satellite images show an iceberg roughly three times the size of New York City floating past the northern tip of the Antarctic Peninsula. According to the British Antarctic Survey, the berg named A23a is now likely to be swept along by the Antarctic Circumpolar Current into 'iceberg alley.' Once hosting a Soviet research station, A23a split from West Antarctica's Filchner-Ronne Ice Shelf in 1986.
Persons: berg, A23a, Antarctica's Organizations: British Antarctic Survey, Antarctic, Ronne Ice Shelf Locations: Antarctica, New York City, Soviet
Monday, Dec. 4, 2023: Cramer explains why he's exiting this manufacturing positionJim and Jeff explain why they're exiting this manufacturing position in the Charitable Trust. Jim also says they're looking to add more shares of this power management company in its place. Finally, Jim discusses why he believes this megacap tech holding should be owned but not traded.
Persons: Cramer, he's, Jim, Jeff Organizations: Charitable Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael resumes its offensive in Gaza after accusing Hamas of violating the seven-day truceIsrael announced it has resumed its offensive in Gaza after accusing Hamas of breaching the terms of a week-long truce. The truce expired at 7 a.m. local time on Friday morning. The announcement comes one day after U.S. Secretary of State Antony Blinken met with officials, including Israeli Prime Minister Benjamin Netanyahu and Palestinian Authority President Mahmoud Abbas, in Israel and the occupied West Bank.
Persons: Antony Blinken, Benjamin Netanyahu, Mahmoud Abbas Organizations: Israel, Palestinian, West Bank Locations: Gaza, Israel
Friday, Dec. 1, 2023: Cramer says this beer holding may be an opportunityJim and Jeff explain why this Mexican beer position in the Charitable Trust may be an opportunity to buy after Goldman Sachs upgraded the stock to 'Conviction Buy.' Jim also says this megacap tech stock could be a future opportunity amid its price decline. Finally, Jim discusses why he is holding off on making a decision on this retail holding despite it having a good month.
Persons: Cramer, Jim, Jeff, Goldman Sachs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCOP28: What to expect from the UN's high-stakes climate change summitThe United States and China are ramping up their climate cooperation, agreeing earlier this month to triple renewable energy capacity globally by 2030 and "operationalize" a bilateral working group, among others. The move comes just weeks before nations gather at the 28th United Nations climate summit, also known as COP28. Here's what to know about the two-week conference.
Organizations: 28th United Locations: United States, China, 28th United Nations
Thursday, Nov. 30. 2023: Cramer breaks down earnings from this software holdingJim and Jeff explain why this software holding in the Charitable Trust had a great quarter following their earnings report. Jim also says this entertainment stock is a buy if you are new to the Club. Finally, Jim discusses which two companies are good for the holiday season.
Persons: Cramer, Jim, Jeff Organizations: Charitable Trust
Wednesday, Nov. 29, 2023: Cramer previews earnings for this software holdingJim and Jeff preview one software Club holding ahead of the company's quarterly earnings report later today. Jim also says he likes this manufacturing position heading into the holiday season. Finally, Jim explains why he believes this cybersecurity stock is one of the best names in the group right now.
Persons: Cramer, Jim, Jeff
Tuesday, Nov. 28, 2023: Cramer breaks down the rally for this cybersecurity holdingJim and Jeff explain why this cybersecurity holding in the Charitable Trust has been able to rally, reaching a new 52-week high today. Jim also says the stock price of this semiconductor position can rise after the completion of its acquisition of VMware. Finally, Jim previews earnings results for this beauty retailer.
Persons: Cramer, Jim, Jeff Organizations: Charitable, VMware
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