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The publicity stunt turned out to be a promotion for the film “Argylle,” which would be released a few weeks later. “That may be fine in U.S. sports,” Pat Nevin, a popular Chelsea player in the 1980s who worked for the club until the end of last season, told me. “But to a football fan, that hurts.” A few months after leaving Chelsea, Nevin went on the BBC to warn against the prospect of adopting a popular feature at many American sports venues. “I told them, ‘No, no, don’t do a Kiss Cam,’” he says. “ ‘Such a small thing, but you can’t imagine the reaction you’re going to get.’”
Persons: Todd Boehly, Pat Nevin, Nevin, , , ’ ”, Organizations: Premier League, Los Angeles Dodgers, Chelsea, BBC Locations: American, America, England
While it was a delicious deal for customers, it was terrible for the company: Red Lobster lost $3.3 million in seven weeks. The deal was once again too popular, and Red Lobster was unprepared for its customers’ insatiable lust for discounted shellfish. Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden. In 2021 and 2022, Red Lobster brought on a new CEO, chief marketing officer, chief financial officer and chief information officer.
Persons: Lobster, , , John Gordon, Michael Nagle, Alex Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Glen Martin, Mills, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Justin Sullivan, they’ve, Les Foreman, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Lobster, Thai Union, Bloomberg, Getty, Red Lobster, CNN, Cornell University, Baby Boomers, General, Howard, Restaurant Business, Darden, Denver Post, Harvard Business School, Longhorn, Darden Restaurants, Gate, , Thai, , ” Thai Locations: New York, United States, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Sale, Thai Union, Thailand
Major corporations often don't want to seem like they're taking one side politically, so they either sponsor both conventions, or neither. Conventions could see new sponsorsThe Democratic and Republican conventions this summer are the first fully in-person conventions since the 2016 election. Democratic convention organizers in April said if corporations had any reluctance to back the RNC, it hasn't hampered Chicago's efforts to lure donors. Microsoft in 2012 contributed over $1.5 million in a mix of in-kind and cash contributions to the Republican convention. JPMorgan donated $200,000 to the 2012 Republican convention and didn't write a check for the 2016 event.
Persons: Donald Trump, Jon Cherry, Rashad Robinson, Robinson, , Fiserv, Greg Goldner, Trump, Donald Trump's, aren't, they'll, Joe Biden, Trent Morse, Morse, they've, Alison Prange, Reince Priebus, Priebus, it's, Steve Kornacki's, Biden, Nancy Pelosi, Michelle Yeoh, Natalie Edelstein, Michael Sacks, Sacks, J.B . Pritzker, Barack Obama, Alex Hornbrook, There's, Taylor Swift, she's, Mitt Romney, Obama, didn't, General Motors Organizations: Christian Media, The Gaylord, Center, Getty, Republican National Convention, Republican, NBC News, Trump, Fiserv Inc, Democratic, Fiserv, RNC, Resolute Consulting, GOP, Corporations, Fortune, Milwaukee Journal Sentinel, Democrats, White House, Milwaukee, NBC, Wall, Republican National Committee, Wall Street, Biden, TV, Kentucky Derby, Street Journal, Northwestern Mutual, Wisconsin Fortune, Democratic National Convention, WEC Energy Group, Manpower Group, Conventions, Metropolitan Milwaukee Association of Commerce, DNC, Convention, Chicago, Longtime Democratic, Illinois Gov, White, Correspondents, Commission, Facebook, Google, Microsoft, Bank of America, FEC, Meta, Skype, CNBC, JPMorgan Chase, Walmart, JPMorgan, General Motors, General, Motors, Comcast, Press, Trade Locations: Nashville , Tennessee, Milwaukee, Wisconsin, America, Chicago, NBCUniversal, Philadelphia
Skittles has launched a contest with the grand prize of a rent-free yearlong stay in a Manhattan micro-apartment. It features bright, colorful furniture, rainbow-colored cabinets and wall art made using real Skittles lentils. The marketing stunt is a promotion for Skittles Littles, a new, smaller form factor for the candy similar to that of M&M's Minis. Skittles lists the approximate retail value of the prize at $85,000, with the winner also receiving a $20,000 check to offset their tax liability. To enter the sweepstakes, participants must give their full name, date of birth, email and phone number.
Persons: Skittles, Dani Klaric, Skittles Littles, Malin, Goetz Organizations: M's Locations: New York City, Manhattan, Manhattan's Kips
Strong friendships feel equal, exclusive, and mutually supportive. It's a beautiful experience, but one with under-appreciated complexities, Danielle Bayard Jackson, an author and friendship coach, told Business Insider. So before you dub your bestie a toxic friend, here are three major reasons your relationship feels like it's on the rocks — and what you can try before quiet-quitting the friendship. In her book, Jackson offered ways to start conversations around those issues, as well as advice on when to just walk away. In the book, Jackson described close friendship as creating a "vault" where "each friend contributes private things in an intimate and trustworthy space."
Persons: Danielle Bayard Jackson, , Jackson, I'm, DINK, it's, It's Organizations: Service
The Chase Sapphire Preferred and Reserve are two of the best travel rewards credit cards ever. These sleek metal credit cards come in two flavors: the everyday favorite Chase Sapphire Preferred® Card and premium-tier Chase Sapphire Reserve®. The Chase Sapphire Preferred® Card is Business Insider's top choice for the best travel rewards credit card for value, and the Chase Sapphire Reserve® earns an honorable mention. Read our comparison of the Chase Sapphire Preferred vs. Reserve, or read our Chase Sapphire Preferred review and Chase Sapphire Reserve review to learn more about each card. And if you aren't eligible for another Chase Sapphire credit card, read our guide to the best Chase credit cards to find your next best option.
Persons: , Cardholders, You'll, you've, Chase Organizations: Chase, Service, Sapphire, Chase Travel, Chase Sapphire
To drive a culture of ownership, companies must build an effective strategy around equity management. Optimize capitalization table managementOne of the core elements of an effective equity management strategy is a transparent and defensible capitalization table. And with a partner to help design or evolve your equity plan management strategy, your organization will be well-prepared for its next stage of growth. Morgan Stanley Smith Barney LLC ("Morgan Stanley") and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.
Persons: Teri McFadden, you've, Morgan Stanley, Mike Jung, Morgan Stanley Smith Barney, SIPC Organizations: Norwest Venture Partners, Circle, Insider Studios, Financial Advisors, Wealth Advisors
If you're ready to commit for longer, just opt for the six-month plan for only $20 — an even better deal and $26 savings compared to the usual semi-annual plan price. How to get the Starz dealGetting the Starz deal is as easy as signing up and making an account. Select which offer you want: the $5 monthly plan or $20 semi-annual plan. Starz typically costs $10 a month or $45 for a semi-annual plan that covers six months. The Starz offer is available to new and returning customers.
Persons: Mary, George, Power, you've Organizations: Business, Starz, Hulu Locations: Outlander
Domino’s launched a promotion that rewards customers with $3 off a future online delivery order for every $3 or more they tip a Domino’s delivery driver. Domino’s “You Tip, We Tip” deal runs through mid-September. “Domino’s wants to say ‘thanks for the tip’ by tipping you back.”The promotional strategy serves several purposes for Domino’s. Tip fatigue is a problem for both Domino’s delivery drivers, who make a meaningful portion of their income from tips, and Domino’s business model. Domino’s delivery drivers’ pay is linked to tips.
Persons: Domino’s, Tip, , , “ Domino’s, Kimberly Whitler, RJ Hottovy, “ It’s, ” Domino’s, Jayaraman Organizations: New, New York CNN, Domino’s, University of Virginia’s Darden School of Business Locations: New York, Florida
While Red Lobster increased traffic somewhat, people coming in to chow down on all-you-can-eat shrimp was a money bleeder. But the story about what's gone wrong with Red Lobster is much more complicated than a bunch of stoners pigging out on shrimp (and, later, lobster) en masse. Red Lobster first opened in Lakeland, Florida, in 1968 and was acquired by the food conglomerate General Mills in 1970. "What's truly happened with Red Lobster is that the consumer base has changed and Red Lobster hasn't," he said. "Red Lobster isn't losing to a competitor in their space — they're losing to competitors outside their space."
Persons: It's, what's, Jonathan Maze, Mills, General Mills, Olive, Darden, Red, Eileen Appelbaum, isn't, they've, it's, Keith Bedford, Darren Tristano, John Gordon, Kim Lopdrup, Red Lobster's, He's, Jonathan Tibus, Gordon, Tristano, You've, Emily Stewart Organizations: Bloomberg, Restaurant Business, Olive Garden, LongHorn, Darden, Golden Gate, American Realty, Lobster, Center for Economic, Policy Research, Thai Union, Seafood Alliance, Thai, Fortress Investment Group, Reuters, Business Locations: chow, Lakeland , Florida, San Francisco, Thai, Thailand, Thai Union, Golden, San Diego
As fast-food prices increase, customers are finding more value in chain restaurants. Chains like Chili's are rolling out deals and portion sizes that could best fast-food chains. Chili's new Big Smasher burger is the latest offensive move in the value wars. The Big Smasher burger, Chili's newest menu item, was served in the company's test kitchen before its official launch on April 29. And if the sheer size and taste of the Chili's burger are anything to go by, it has a shot at beating fast-food chains in the value wars.
Persons: , margarita, It's, Applebee's, John Peyton, Cate Gillon, Ian Borden, Scott Rodrick, Chris Kempczinski, Borden, McDonald's, Erin McDowell, We've, we've, Brian Paquette, Paquette, Big, Chili's, Richard Levine, Corbis, Felix Organizations: Service, Dallas, Mac, Business, Dine, Restaurant, UBS Global Consumer, Retail Conference, CNN, CBS News, Getty, Bloomberg Locations: New York, New York City, California, , New York
"DOJ continues to work on this rule," a Biden administration official said. "No one should be jailed for using or possessing marijuana," the president said during the speech. "Reclassifying marijuana as a Schedule III drug sends the message that marijuana is less addictive and dangerous now than ever before. US President Joe Biden speaks during the White House Correspondents' Association (WHCA) dinner at the Washington Hilton, in Washington, DC, on April 27, 2024. Nearly six in ten Americans say that marijuana should be legal for medical and recreational purposes, according to a Pew Research poll last month.
Persons: John Tlumacki, Biden, Joe Bidens, Tom Williams, Joe Biden, Barack Obama's, Jim Cole, Obama, Cole, Kevin Sabet, Brendan Smialowski, Brad Horrigan Organizations: Delta, Trade, Boston Globe, NBC, Drug, Department of Health, Human Services, DOJ, Biden, Internal Revenue, Justice's, DC Marijuana Justice, CQ, Inc, Getty, State, National Cannabis Roundtable, NBC News, Smart, Marijuana, Obama Administration, White, Correspondents ' Association, Washington Hilton, AFP, Management, CRA, Pew Research, Florida Supreme, Tribune, Service Locations: Wareham, deducting, New York, California, Washington ,, Florida
Cohen and Daniels are both key witnesses against Trump in his ongoing New York state criminal trial. Trump is accused of falsifying business records to cover-up the $130,000 payment that Daniels received so she wouldn’t publicly reveal their alleged affair before the 2016 election. Cohen hired veteran attorney Justin Nelson after OAN published the story last month. The little-watched network has regularly given airtime to baseless conspiracy theories, most prominently in the wake of the 2020 election. OAN still faces a separate defamation lawsuit brought by Nelson’s law firm on behalf of Dominion over its promotion of 2020 election lies.
Persons: Donald Trump’s, Michael Cohen, Stormy Daniels, Cohen, Daniels, Trump, wouldn’t, Cohen “, , Daniel, ” Cohen, OAN, , Justin Nelson, Nelson, , ” Nelson, OAN didn’t Organizations: CNN, Trump Organization, Trump, Smartmatic, Dominion Voting Systems, Fox News, Dominion Locations: New York, Arizona
Autopilot is available in China, but not the full FSD feature, which needs to comply with the country’s data security rules. “The economies of China and the United States are deeply integrated,” he said, according to an official readout of the meeting with the Tesla CEO. “Tesla is willing to further deepen cooperation with China and achieve more win-win results,” Musk told Li. Musk first met Li in 2018, when Tesla signed a deal with the Shanghai government to open a plant there. Since then, Musk has met with Li publicly at least five times, according to state media reports and government statements.
Persons: Hong Kong CNN — Elon Musk, Premier Li Qiang, Tesla, Musk, , Dan Ives, that’s, Ives, Antony Blinken, Xi Jinping, Li, China’s BYD, , ” Musk, Tesla’s, Ren Hongbin, Li Qiang Organizations: Hong Kong CNN, Premier, China Association of Auto Manufacturers, Baidu, Bloomberg, CNN, Beijing Auto, EV, Wedbush Securities, China Council, Promotion of International Trade Locations: China, Hong Kong, Beijing, United States, Shanghai, Weibo
Taylor Swift's new album, "The Tortured Poets Department," name-drops five locations in the US and UK. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLocations in the US and UK are enjoying newfound fame after Taylor Swift referenced them in her new album, "The Tortured Poets Department." It's the latest example of "Taylor Swift Effect," where everything the pop star touches has the potential to turn to gold. When Swift began publicly dating NFL football player Travis Kelce last September, sales of jerseys carrying his name spiked by 400%.
Persons: Taylor, , Taylor Swift, Jennifer Adams, Thrillist, we've, Swift, Travis Kelce Organizations: Poets Department, Service, Walton, Google, Business, NFL Locations: London, Destin , Florida, Destin
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewI smoothed down the pink fabric of my blazer as I slid into the office chair for my job interview. The serious-looking man with dark hair slicked back led the questioning while the blonde-haired one made witty cracks. We started datingWe kept our budding romance secret for the first few weeks but were outed at the company Christmas party. My old boss and new boss didn't get along, which meant Jason was fussed at when he was caught at my desk.
Persons: , khakis, I'd, Jason, Amanda Garland, didn't Organizations: Service, Business
Read previewA Facebook cofounder's attacks against Tesla continues, and it comes with one of his boldest allegations against the company to date: Tesla is the next Enron. — Elon Musk (@elonmusk) April 26, 2024Moskovitz had not yet addressed Musk's posts on Friday. On Wednesday, the Facebook cofounder acknowledged the gravity of his comments in his social media post. Moskovitz also has long been skeptical of Elon Musk and his ventures. "I call on Elon Musk to resign," Moskovitz said on Threads last year, adding that he should resign "(from everything)."
Persons: , Tesla, Dustin Moskovitz, Asana, Elon Musk, Musk, Dustin Moskowitz, — Elon, Moskovitz Organizations: Service, Business, Tesla, Enron, Traffic Safety Administration, Securities and Exchange Commission, Bloomberg, Justice Department, SpaceX, Elon
I reached out to investing educator Amanda Holden, who told me it's smart to start with a brokerage account. Instead of investing in individual stocks, she suggests ETFs and index funds. In order to explain some of the basics in a simple way, I reached out to investing educator Amanda Holden for her thoughts. She had four tips for getting started on your investing journey. Of course, you'll want to consult with a financial advisor for a full investing strategy; her tips are educational, but they aren't investing advice.
Persons: Amanda Holden, it's, Holden, Charles Schwab, Schwab, Get, You'll, aren't, we'll, doesn't Organizations: Fidelity, Vanguard, — Vanguard
"It was meant for all global EV manufacturers and domestic manufacturers." While much of the "buzz has been around Tesla," Singh underscored the initiatives will also attract other foreign automakers, highlighting that Vietnam's leading EV maker "VinFast has already announced its intent." In February, VinFast broke ground on its integrated EV manufacturing facility in India's southern state of Tamil Nadu. As competition in India's EV sector remains limited, the entry of major players like Tesla, will level the playing field, MG Motor India's CEO Emeritus Rajeev Chaba told CNBC. Robust trajectoryAccording to Counterpoint Research, India's EV sales nearly doubled in 2023, driven by rising consumer interest and government initiatives, among other factors.
Persons: Rajesh Kumar Singh, CNBC's, Singh, VinFast, Elon Musk, Narendra Modi, Tesla, Rajeev Chaba, EVs, Modi, Ola, Bain Organizations: Department, Promotion, Industry, Internal, EV, CNBC's Sri, Motor, CNBC, Counterpoint Research, International Energy Agency, TVS Motor, Bajaj, Ampere, Bain & Company Locations: India, Tamil Nadu, China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. In an interview with the Stratechery Podcast, he offered three tips:Do your job well"Don't take your current job for granted," he said. Advertisement"It was pretty dramatic and I think the team did a fantastic job," McMillon said. Responses will be kept confidential, and Business Insider strongly recommends using a personal email and a non-work device when reaching out.
Persons: , Doug McMillon, he's, McMillon, doesn't, You've, bartenders, Dominick Reuter Organizations: Service, Business, Walmart Locations: South Dakota
Comcast beat first-quarter earnings expectations on Thursday, as broadband drove revenue even as the company and its peers have seen customer growth slow. Revenue from the domestic broadband customers segment boosted that growth as rates increased, even as Comcast lost 65,000 customers during the quarter. The three businesses now report under the same segment, which collectively saw revenue rise 1.1% to $10.37 billion. The service added 3 million paid subscribers during the quarter, bringing its total number of customers to 34 million. While domestic advertising was flat during the quarter, the company saw its domestic distribution revenue increase, driven by the growth at Peacock.
Persons: NBCUniversal, Peacock, Oppenheimer Organizations: Comcast, LSEG, Revenue, Universal Pictures, CNBC Locations: Peacock, NBCUniversal
The Times Square Red Lobster will be offering free all-you-can-eat lobster to a select few customers on March 28. Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. Red Lobster could secure a buyer, it could declare bankruptcy or its lenders could take control of the company. This year marks the 10-year anniversary of Darden Restaurants' sale of Red Lobster after investors pushed the company to divest. As a result, Red Lobster reported $11 million in losses in the fiscal third quarter and $12.5 million in losses the following quarter.
Persons: it's, Jonathan Tibus, Alvarez, Lobster, Kim Lopdrup, Kelli Valade, Horace Dawson, Red Organizations: Times, CNBC, Bloomberg, Red Lobster, Darden Restaurants, Golden Gate Capital, Thai Union Group, Red, Seafood Alliance Locations: Golden
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia confident global players will take advantage of new EV policy, says officialRajesh Kumar Singh, secretary at the Department of Promotion of Industry and Internal Trade, named companies such as Tesla and VinFast.
Persons: Rajesh Kumar Singh Organizations: India, Department, Promotion, Industry, Internal
CNN —The Gateway Pundit, the notorious far-right blog and prolific publisher of conspiracy theories, said Wednesday that it had filed for bankruptcy protection as it grapples with litigation related to its coverage of the 2020 election. Another lawsuit, filed by a former Dominion Voting Systems executive, accuses the outlet of defamation. The Gateway Pundit denies wrongdoing in both cases. Over the years, The Gateway Pundit has become infamous for its publishing of hyper-partisan blog posts, many of which advance dangerous lies and conspiracy theories. The Gateway Pundit is one of several right-wing media outlets grappling with the fallout stemming from its promotion of 2020 election lies.
Persons: Donald Trump, Joe Biden, Ruby Freeman, Wandrea, ” Moss, Jim Hoft, Trump, MAGA, Hoft, , ” Hoft Organizations: CNN, Dominion Voting Systems, Republican, Fox News, America News Locations: Georgia, Smartmatic, Dominion
Tokyo/Hong Kong CNN —Mitsuko Tottori admits Japan has much more to do to get people like her into the chief executive seat. Tottori was named as the first female president and chief executive of Japan Airlines (JAL) in January, crowning a career that began nearly 40 years ago when she joined the airline as a flight attendant. Tottori, pictured in 1985 using an in-flight phone, began her career as a cabin attendant at Japan Airlines. Japan Airlines' A350 airplane is on fire at Haneda international airport in Tokyo, Japan January 2, 2024. They really followed the instructions of the flight crew calmly, which I think was a big factor.
Persons: Mitsuko Tottori, , , Tottori, Issei Kato, Shukor Yusof, Seijiro Takeshita, , ” Takeshita, — CNN’s Junko Ogura, Mayumi Maruyama, Juliana Liu Organizations: Hong Kong CNN, Japan Airlines, JAL, , CNN, University of Tokyo, Women’s Junior College, Boeing, Airbus, Haneda, Endau, , Japan Inc, University of Shizuoka, ANA, All Nippon Airways Locations: Tokyo, Hong Kong, Japan, Tottori, “ Japan, Nagasaki, Haneda, Osaka, Asia, Myanmar, Fiji
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