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☆ Ahead of earnings, Cramer says many retailers have raised prices too high
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

To Cramer, McDonald's earnings' disappointed last week because its products have become too expensive. He said consumers no longer consider the burger chain to have bargain prices, something the the company could be reluctant to admit. Cramer also said Starbucks ' coffee may be too expensive, adding he's disappointed management doesn't seem to be talking about rolling back prices. Cramer also discussed how Dollar General and Dollar Tree might shape up against outfits like Walmart and Costco . McDonald's, Starbucks, Target, Dollar General, Dollar Tree and Costco did not immediately respond to requests for comment.

Persons: CNBC's Jim Cramer, Cramer, doesn't Organizations: Nordstrom, Walmart, Costco, Starbucks, Target

☆ A year after bankruptcy concerns, Carvana is leaner and ready for its Wall Street redemption
▼ + stars: | 2024-02-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

Carvana over the last 18 months aggressively restructured its operations and debt amid bankruptcy concerns to pivot from growth to cost-cutting. Carvana puts each vehicle it intends to sell through a lengthy inspection, repair and sale preparation process. A Ford F-150 is prepped for a painting booth at Carvana's vehicle reconditing center outside Phoenix. The Wall Street Journal in December 2021 detailed a network of Garcia companies that do business with DriveTime, Carvana or both. Carvana sells such warranties or other service-related protections to customers, and DriveTime takes them over, giving Carvana a commission.

Persons: Michael Wayland, Ernie Garcia III, Ernie Garcia II, Garcia, Carli, Carvana, There's, Richard, Dick, Nixon, there's, Ernie Garcia, pathing, Rajat Gupta, Doug Guan, we've, CNBC Guan, Coldplay, Neil Diamond, Teresa Aragon, DriveTime, Duckling, Garcia II, Charles Keating's Lincoln, hasn't, – Organizations: CNBC PHOENIX, CNBC, Ford, Ford Motor, Nissan, State, Charles Keating's Lincoln Savings & Loan, Street Journal, DriveTime Locations: Tempe, Ariz, Tempe , Arizona, Phoenix, Carvana, Florida, reconditioning, Silicon Valley, Aragon, DriveTime, Drivetime

☆ Bank of America says this sold-off EV stock offers 'pure-play exposure' and can rally 50%
▼ + stars: | 2023-09-26 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Fisker may grow out of its ugly duckling phase in the ever-growing electric vehicle market, Bank of America said. Analyst John Babcock initiated coverage of the underperforming electric vehicle stock at a buy. "FSR offers investors pure-play exposure to the rapidly growing EV market, has key milestones coming in 2024 and a lower risk business model than peers," he said in a note to clients Tuesday, also describing the stock as a "pure-play EV force." Tesla's price cuts could be a harbinger for volume and profitability troubles for Fisker, Babcock warned. But Babcock used Bank of America's framework for analyzing automotive technology stocks, which looks at positioning and disruptive threats.

Persons: John Babcock, Babcock, Fisker's, Tesla, It's, Lucid, Fisker, Michael Bloom Organizations: Bank of America, Global, Autonomous & Electric Vehicles ETF, EV, Bank

☆ Buying a car? What the UAW strike means – and doesn’t mean – for auto sales
▼ + stars: | 2023-09-15 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

New York CNN —Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again. Auto sales hadn’t entirely recovered from the pandemic, but car shopping in the United States could change once more. The auto manufacturing crises of recent years have left auto dealers better prepared to deal with disruptions, said Scott Kunes, chief operating officer of Kunes Auto and RV Group, which owns more than 40 dealerships in the Midwest. It pays to be flexibleBefore the strikes started, auto dealerships had reasonably healthy inventories of new vehicles, according to Michelle Krebs, an analyst with AutoTrader. That means they’ll still have vehicles to sell for a few weeks, but, as the strike wears on, the choices available will start to dwindle.

Persons: They’re, Jonathan Smoke, Scott Kunes, ” Kunes, “, Kunes, Tyson Jominy, JD Power, Thomas Goldsby, Jominy, Michelle Krebs Organizations: New, New York CNN, United Auto Workers, Auto, Ford, GM, Cox Automotive, Kunes, RV Group, Toyota, BMW, Hyundai, Nissan, Volvo, Subaru, South Korean, JD, University of Tennessee, Trailblazer, Dodge, AutoTrader Locations: New York, United States, Michigan, Canada, Mexico, South Korea

☆ Finding That Hudson Valley Gem for About $500,000: Which House Would You Choose?
▼ + stars: | 2023-05-04 | by ( Karen Angel | ) www.nytimes.com time to read: +2 min

Ms. Burk still works in Manhattan as a freelance photo stylist for clients like Tory Burch and Coach, but plans to focus entirely on Lotus when she turns 50 in August. “We fell in love with the area,” said Mr. Burk, who began rock-climbing near the local lakes 15 years ago. Email: thehunt@nytimes.com]His retirement thrust the couple into a Hudson Valley house search just as a stream of New Yorkers fleeing the city created fierce competition. Mr. Burk picked up construction skills while working for a plumber when he was in high school and later developed those skills by flipping houses, and Ms. Burk has a background in design. “We were always drawn to ugly-duckling houses,” Ms. Burk said.

☆ You’re Already Moving Toward Your Next Career
▼ + stars: | 2023-03-10 | by ( Joanne Lipman | Photography David La Spina Esto For The Wall Street Journal | ) www.wsj.com time to read: 1 min

More than two-thirds of Americans aren’t feeling engaged with their work, according to a recent Gallup poll, and job unhappiness is at a record high. But how do you figure out what’s next? In the popular imagination, reinvention requires some kind of abrupt transformation or sudden epiphany, a metamorphosis from ugly duckling to swan. Vera Wang from figure skater to bridal designer. It seems unattainable to the rest of us—a big disincentive to even try.

☆ George Santos' drag is actually pretty good, but could use more eyeliner and a personality change, says a star of 'RuPaul's Drag Race'
▼ + stars: | 2023-01-27 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Photos and videos have emerged of George Santos apparently dressed in drag as "Kitara Ravache." Jan Sport, a star of "RuPaul's Drag Race," rated Kitara Rivache's drag look for Insider. One Brazilian drag queen, Eula Rochard, claimed she knew Santos by drag name Kitara Ravache, and alleged that he competed in drag queen beauty pageants in 2008. "I've seen a lot worse first-time drag than Miss Kitara," Jan said. Santos, who initially denied claims he ever performed as a drag queen, later appeared to admit that he had dressed in drag, telling reporters: "I was not a drag queen.

☆ Morning Bid: Ugly duckling
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +3 min

A look at the day ahead in European and global markets from Anshuman DagaWhile Chinese economic data didn't come in worse than markets had feared, investors still couldn't come to terms with the scale of the economic pain being felt in the world's second-largest economy. Asian stock markets dipped and the broad-based MSCI's Asia Pacific share index outside Japan (.MIAPJ0000PUS) retreated away from seven-month highs, and Chinese equities stocks also retreated. European and UK stock futures, however, pointed to a steady start. The FTSE 100 (.FTSE) is just a whisker away from its record high of 7,903.5 points. Tuesday's batch of economic data coming up include UK jobs numbers, German inflation and Germany's ZEW economic sentiment survey.

☆ Analysis: Mexican companies could resort to more spinoffs to enhance market value
▼ + stars: | 2022-11-22 | by ( Valentine Hilaire | ) www.reuters.com time to read: +4 min

Mexican telecommunications giant America Movil (AMXL.MX) kicked off the trend late last year when its shareholders approved the spinoff of its cell tower business. Some analysts said both Alfa and Televisa may consider further spinoffs as they look to boost their depressed valuations. Other companies, like Coke bottler and retailer Femsa (FEMSAUBD.MX), whose shares are down 3.3% year-to-date, after gaining 6% in 2021, may follow suit. Alfa lost 2.69% the day after its shareholders approved the Axtel spinoff, while Televisa's shares advanced 0.86% the day after it revealed plans for a similar move. Televisa, meanwhile, could follow its sports spinoff with either its editorial or magazine businesses, two analysts said.

☆ Meet a couple who bought 19 properties in 4 years, retired at 40 and built a net worth of $1.5 million
▼ + stars: | 2022-11-12 | by ( Ryan Ermey | ) www.cnbc.com time to read: +7 min

Debbie and Chris Emick. These days, between a mix of investments, savings and real estate holdings, Debbie and Chris, now 43, boast a net worth of about $1.5 million. Debbie and Chris Emick. The Emick family. Chris Emick

☆ Review: The $23,000 Hyundai Venue Denim compact SUV is an absolute steal for the price
▼ + stars: | 2021-09-09 | by ( Alanis King | ) www.businessinsider.com time to read: +12 min

But when a 2021 Hyundai Venue Denim recently showed up at my door for a two-week test drive, I realized maybe the Denim wasn't the ugly one. The Hyundai Venue Denim. Hyundai Venue Denim ($22,050): adds LED headlights as well as "Denim" appearance package with blue body, white roof, and blue interior. Blue, blue, blue. The Hyundai Venue Denim.

☆ Gwyneth Paltrow and her new husband couldn't agree on which cake to serve at their wedding — so they served both
▼ + stars: | 2018-11-03 | by ( Kelsey Abkin | ) www.businessinsider.com time to read: +3 min

In a wedding cake "compromise," Paltrow and Falchuk decided to serve 90 individual cakes at their wedding — 45 carrot cakes and 45 chocolate and vanilla cakes. For dinner, wedding guests were served prime rib and tortellini prepared by New York-based chef, Mario Carbone. In true Paltrow fashion, from her Valentino wedding dress to the elaborate decor, the wedding was a sight to see. We had the honor of making wedding cakes for @gwynethpaltrow + @bradfalchuk at their end of summer wedding in Amagansett. Per Goop, Paltrow and Falchuk served 45 individual carrot cakes — Paltrow's choice — and 45 chocolate and vanilla cakes — Falchuk's choice.

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