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Target CEO Brian Cornell received total compensation of $19.2 million last year. The median compensation for associates was $26,696, according to Target's annual proxy statement. Cornell's pay is behind Walmart CEO Doug McMillon and ahead of former Costco CEO Craig Jelinek. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The pay package consisted of $1.4 million in base salary, $14.7 million in stock awards, and about $3.1 million in other compensation.
Persons: Brian Cornell, Doug McMillon, Craig Jelinek, , Cornell, Doug McMillon's, Dominick Reuter Organizations: Walmart, Costco, Service, SEC, Business Locations: New York
New York CNN —Smoky, hazy gambling floors have long been part of the Atlantic City casino experience for some people. Phil Murphy and the state’s health commissioner claiming that a loophole in state law exposes casino workers to health problems from secondhand smoke. Casino workers have long been advocating for protections under the 2006 smoke-free law, but progress has been snagged for years in the New Jersey legislature. But somehow, our casino workers have been asked to roll the dice,” UAW President Shawn Fain said at a press conference Friday. The casino workers have faced “death, severe physical illness, severe mental, physical and emotional distress, pain and suffering, anxiety, and stress,” the lawsuit said.
Persons: Phil Murphy, Murphy, Kaitlan Baston, New Jersey —, Shawn Fain, Matt Rourke, , smokin, Bill Organizations: New, New York CNN, Atlantic City, United Auto Workers, New Jersey Gov, Act, Workers, United Auto Workers union, Caesars, Tropicana, statehouse, New Jersey Health Department, New Jersey News, ’ Rights, Bally’s, CNN, Caesars Atlantic City, Caesars Entertainment Locations: New York, New Jersey, Bally’s, Trenton , NJ, City, Middletown , New Jersey, Atlantic, Pall
In this article BALY Follow your favorite stocks CREATE FREE ACCOUNTAn exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty ImagesAs the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. Standard General owns about 23% of Bally's stock, it said last month. An exterior view shows the Tropicana Las Vegas on March 29, 2024, in Las Vegas, Nevada. Bally's market cap stands at little more than half a billion dollars.
Persons: David Becker, Soo Kim, Kim, it's, Dan Fetters, Edward King, Fetters, King, Bally's, It's, George Rose, Chris Grove, Jim Murren, Jess Golden Organizations: Tropicana, Getty, Bally's, Standard, Growth Capital, Las, Trump, Tahoe, Chicago, Major League Baseball's Athletics, Leisure Properties, New, Acies, MGM Resorts International, CNBC Locations: Las Vegas , Nevada, Las Vegas, New York City, Stateline , Nevada, Seminole, Florida, Nevada, Oakland, Vegas
The famous Tropicana Las Vegas resort, which held the city’s longest-running cabaret and was known for its lavish midcentury décor, will close on Tuesday as it prepares for demolition to make way for a new Major League Baseball stadium. After the demolition, about nine acres of the 35-acre parcel will be granted to the Athletics baseball team for the construction of a 30,000-seat stadium, the resort said. The stadium is expected to host the team beginning in 2028. There was discussion last year that the Tropicana would be redeveloped to make room for an integrated resort, casino and ballpark complex. Specific designs are still being finalized, according to the resort.
Organizations: Tropicana, Major League Baseball, Bally’s Corporation, Athletics Locations: Vegas
CNN —Las Vegas is a city brightly lit by it’s rich history, extravagant hotels, luxurious dining experiences, perpetually rolling dice and, of course, one-of-a-kind musical residencies. Here’s a look at some of the most influential musical residencies that have helped define Las Vegas as the entertainment capital of the world. Usher previously performed his “Usher: The Las Vegas Residency” through 2021 at the Colosseum at Caesars Palace. Known as Mr. Las Vegas, the performer has become such a local icon that streets are named after him. Marco Piraccini/Mondadori/Getty ImagesThere was a time where Las Vegas residencies were considered something best suited for artists of yesteryear.
Persons: Mariah Carey, Adele, Garth Brooks, Lionel Richie, Usher Usher, Aaron J, Thornton, WireImage, Jennifer Lopez, Kim Kardashian, Jessica Alba, Zendaya, Usher, Wayne Newton Wayne Newton, Ethan Miller, Wayne Newton, Newton, Wayne, Elvis Presley Elvis Presley, Elvis Presley, , Long, Celine Dion Celine Dion, Tomasz Rossa, Celine Dion, Love, Dion, Diana Ross Diana Ross, Matt Sayles, Invision, Diana Ross, Ross, Ross ’, , Elton John Elton John, Mick Hutson, Redferns, Elton John, he’s, Rocketman, Britney Spears Britney Spears, Marco Piraccini, Britney Spears, Spears, Katy Perry, Lady Gaga, Bono, Adam Clayton, Bram van den Berg, Kevin Mazur Organizations: CNN, Sin, Vegas, Las, Colosseum, Billboard, Tropicana, Getty, Flamingo, Intercontinental, Westgate Las, , Venetian, Caesars, Yamaha, Planet Hollywood, Forbes Locations: Sin City, Vegas, Nevada, Las Vegas
Under a 10-year agreement, Subway will start selling drinks including Pepsi, Mountain Dew, Tropicana, and Lipton. Subway's US stores will start making the switch in January 2025. AdvertisementCoke fans, watch out — Subway is ditching the drinks supplier in favor of rival Pepsi in the US. Subway announced on Tuesday that it had signed a 10-year agreement to supply PepsiCo drinks at its US stores from the start of 2025. This means that as well as Pepsi, Subway customers will also be able to get other beverages such as Mountain Dew, Tropicana, Lipton, and Gatorade.
Persons: Lipton, , Arby's, Culver's Organizations: Pepsi, Subway's, Service, . Subway, PepsiCo, Subway, Tropicana, Lipton, Gatorade, Cola, Restaurant Business, Coca, Business Locations: Canada, Germany, Netherlands
ATLANTIC CITY, N.J. (AP) — Internet gambling revenue continues to soar in New Jersey, where online casinos are accounting for a growing share of the betting pie: Atlantic City's casinos and their online partners won $182 million in internet bets in February. But the news was not all good: Atlantic City's nine casinos won $211.5 million from in-person gamblers, down 1.6% from a year earlier. Bally's won nearly $19 million, up nearly 5%; Harrah's won $18.7 million, down 11%; Caesars won $16.2 million, down 15.5%; and Resorts won $12.1 million, down 4.3%. In terms of in-person revenue, Borgata won $53.6 million, down 6.7%; Hard Rock won $41.1 million, up 9.6%; Ocean won over $31 million, up over 18%; Harrah's won $18.2 million, down 14.7%; and Tropicana won $16.6 million, down 3.1%. Caesars won $16.4 million, down 13.7%; Resorts won $12.2 million, down 3.6%; Golden Nugget won $11.6 million, up 4:, and Bally's won $10.6 million, down over 13%.
Persons: , Jane Bokunewicz, Bally's, Harrah's, Borgata, Wayne Parry Organizations: CITY, of Gaming Enforcement, Atlantic, Atlantic City, Golden, Ocean, Tropicana, Caesars, Resorts, Resorts Digital, Caesars Interactive Entertainment Locations: N.J, New Jersey, www.twitter.com
That is why the casinos consider their core business to be money won from in-person gamblers. The in-person total continues to decline, still lagging the levels seen before the COVID19 pandemic began in early 2020. Golden Nugget won $63.5 million, up over 23%; Hard Rock won $51.5 million, up 19%; Ocean won $39.1 million, up more than 13%, and Tropicana won $26.1 million, up 4.5%. Bally's won $18.9 million, up 15.3%; Harrah's won $16.5 million, down 17.5%; Caesars won $15.1 million, down 7.6%; and Resorts won $10.8 million, down less than 1%. Golden Nugget won $11.2 million from in-person gamblers, up 2.3%; Resorts won $10.9 million, down 1.4%; and Bally's won $10 million, down nearly 13%.
Persons: Jane Bokunewicz, Lloyd Levenson, , , James Plousis, Bally's, Harrah's, Borgata, Ocean, Wayne Parry Organizations: CITY, of Gaming Enforcement, Atlantic, Stockton University, Atlantic City, New Jersey Casino Control, Meadowlands, Jersey Shore, Freehold Raceway, Golden Nugget, Ocean, Tropicana, Caesars, Resorts, Resorts Digital, Caesars Interactive Locations: N.J, New Jersey, East Rutherford, New York City, Monmouth, Oceanport, Jersey, www.twitter.com
TAMPA, Fla. (AP) — Baseball Commissioner Rob Manfred said Thursday he will retire when his current term ends in January 2029. Speaking at a spring training news conference, Manfred noted he will be 70 years old and will have been commissioner for 14 years when his term ends on Jan. 25, 2029. Manfred, 65, succeeded Bud Selig in January 2015 and was given a five-year term as baseball's 10th commissioner. Tampa Bay hopes to construct a new ballpark adjacent to the current Tropicana Field. “I’m hope that I’m here to go to opening day as commissioner for both Tampa Bay and Las Vegas,” Manfred said.
Persons: Rob Manfred, Manfred, Jan, ” Manfred, Bud Selig, , I’m, Tom Werner, Tim Brosnan, Dan Halem, “ I’m, that'll, Organizations: — Baseball, Boston Red Sox, MLB, Oakland Athletics, Tampa Bay Rays, Oakland, Tampa, Tropicana, Tampa Bay Locations: TAMPA, Fla, Las Vegas
Major League Baseball owners unanimously voted in November to approve the relocation of the A’s out of the Bay Area, where they have played since 1968, to Las Vegas. The team’s lease at Oakland-Alameda County Coliseum ends following the 2024 season, and the franchise is set to start playing baseball in Nevada in 2028 in a new stadium on the Las Vegas Strip at Las Vegas Boulevard and Tropicana Avenue, on the site of the Tropicana hotel. Fans sit behind signs referencing plans for the Oakland Athletics to move to Las Vegas during a game against the Atlanta Braves at RingCentral Coliseum on May 29, 2023. Loren Elliott/Getty ImagesBut when the owners chose the nine-acre Tropicana site, Goodman said: “I thought, ‘This doesn’t make sense. She added: “And then I thought because they really want to stay in Oakland.
Persons: Carolyn Goodman isn’t, , they’ve, ” Goodman, Goodman, FOS, Loren Elliott, , Rob Manfred, John Fisher, 3dOXfFuq3d, Carolyn G Organizations: CNN, Las Vegas, Oakland Athletics, Front Office, Tropicana, Major League Baseball, Oakland, Alameda County, Las, Atlanta Braves, RingCentral Coliseum, MLB, Raiders, Golden Knights, Aces, NFL’s Raiders, Athletics Locations: Sin City, Oakland, Bay, Las Vegas, Nevada, Las, , , Vegas
LAS VEGAS (AP) — The Tropicana Las Vegas, a Sin City landmark for more than six decades, is shutting its doors in the spring to make room for a $1.5 billion Major League Baseball stadium that will be home to the relocating Oakland Athletics. All 30 MLB owners in November gave their approval for the A's to move to Las Vegas. The company's announcement came just a month after the Tropicana and the Culinary Workers Union, which represents about 500 workers there, reached an agreement for a new five-year contract. For veteran workers at the Tropicana, Pappageorge said, that totals tens of thousands of dollars. “In Las Vegas, hotels are bought and sold on a regular basis," Pappageorge said.
Persons: Tiffany, , George Papanier, Bally's, Ted Pappageorge, Pappageorge Organizations: LAS VEGAS, Tropicana, Major League Baseball, Oakland Athletics, Bally's Corp, Las, NFL’s Vegas Raiders, Golden Knights, Culinary Workers Union Locations: Vegas, Sin, Las Vegas, Oakland, Rhode
But only half that money came from the casinos' core business: money won on their physical premises. Collectively, the casinos surpassed 2019 levels with $2.8 billion won from in-person gamblers, but that was accomplished largely on the strength of the three newest casinos. Hard Rock won $512 million, up 4.1%, and Ocean won nearly $415 million, up 16.3%. Harrah's won $254 million in person, down 1.5%; Tropicana won $240 million, down 3.3%; Caesars won $231 million, down 1.7%; Resorts won $163 million, down 2.3%; Bally's won $155 million, up less than 1%, and Golden Nugget won $146 million, down 1.8%. Among internet-only entities, Resorts Digital won $822 million, up 50.4%, and Caesars Interactive Entertainment NJ won $90 million, down 20.7%.
Persons: Money, Ocean —, James Plousis, Jane Bokunewicz, Lloyd Levenson, , Borgata, Harrah's, Bally's, Wayne Parry Organizations: CITY, Atlantic, New, New Jersey Division of Gaming Enforcement, Ocean, New Jersey Casino Control Commission, Atlantic City, Stockton University, Sports, Tropicana, Caesars, Resorts, Golden Nugget, Resorts Digital, Caesars Interactive Entertainment Locations: N.J, New Jersey, Atlantic City, www.twitter.com
Hard Rock posted a gross operating profit of $44.3 million in the third quarter, up less than 1% from a year earlier. Gross operating profit reflects earnings before interest, taxes, depreciation, and other expenses, and is a widely accepted measure of profitability in the Atlantic City casino industry. “In keeping with the experiences of many resort communities along the New Jersey shore, Atlantic City saw a bit of a cooling off in summer 2023 compared to the pent-up post-pandemic energy seen in 2021 and 2022, said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City casino industry. ”That said, it did outperform pre-pandemic 2019 for both net revenue and gross operating profit, suggesting that this could be part of a cycle of stabilization." The Tropicana had a profit of $36.7 million, down 11.5%; Harrah's had a $30 million profit, down over 13%; Caesars had a $21.1 million profit, down nearly 18%; Golden Nugget had an $11 million profit, nearly 4%; Bally's had a $7.3 million profit, down over 32%; and Resorts had a $7.2 million profit, down nearly 43%.
Persons: Gross, Jane Bokunewicz, Lloyd Levenson, James Plousis, Harrah's, Bally's, Wayne Parry Organizations: CITY, of Gaming Enforcement, Atlantic City, Stockton University, New Jersey Casino Control, Tropicana, Caesars, Golden, Resorts, Caesars Interactive Entertainment, Resorts Digital, Twitter Locations: N.J, New Jersey, Atlantic City, www.twitter.com
ARLINGTON, Texas (AP) — The Oakland Athletics’ move to Las Vegas was unanimously approved Thursday by Major League Baseball team owners, cementing the sport’s first relocation since 2005, according to two people familiar with the vote. Las Vegas will become the fourth city for a franchise that played in Philadelphia from 1901-54, moved to Kansas City for 13 seasons and arrived in Oakland for 1968. The new stadium will be the team’s fifth after Columbia Park (1901-08), Shibe Park (1909-54), Memorial Stadium (1955-67) and the Coliseum. The team announced April 19 it had purchased land in Las Vegas, then a month later replaced that location with a deal with Bally’s and Gaming & Leisure Properties to build a stadium on the Tropicana hotel site along the Las Vegas Strip. While San Francisco/Oakland/San Jose is the 10th-largest television market in the U.S., Las Vegas is the 40th.
Persons: Oakland Athletics ’, Rob Manfred, San Jose, Tony Clark, Louis, ___ Blum, ___ Organizations: Oakland Athletics, Las Vegas, Major League Baseball, Associated Press, Oakland Coliseum, Las, Kansas City, Columbia, Shibe Park, Coliseum, Washington Senators, Texas Rangers, Montreal Expos, Washington Nationals, San Francisco Giants, Laney College, Bally’s, Gaming, Leisure Properties, Tropicana, Nevada’s, Oakland Raiders, Mobile, Stanley, Vegas Golden Knights, Baseball, , MLB, Supreme, NFL, Raiders, Colts, Cardinals, Rams, Oilers, Houston, Chargers Locations: ARLINGTON , Texas, Las, Nevada, Vegas, Philadelphia, Kansas, Oakland, Fremont, East, San Jose, Laney, Las Vegas, Francisco, San, U.S, Los Angeles, Baltimore, Indianapolis, Phoenix, Angeles, St, LA, Nashville, San Diego, New York
When internet and sports betting money is included, the casinos, horse tracks that take sports bets and their online partners won over $521 million from gamblers in September. Tropicana won $21.4 million, down 8.2%; Caesars won just under $21.4 million, down 4.5%; Resorts won $14.9 million, down 10.7%; Bally's won $13.1 million, down 17.3%, and the Golden Nugget won $12.6 million, down 6.1%. Tropicana won $33.7 million, down 2.6%; Harrah's won $22.5 million, down 2.6%; Caesars won $21.3 million, down 10.7%; Bally's won $20.2 million, down 1.3%; and Resorts won nearly $15 million, down 11.6%. Of that money, about $111 million was kept as revenue after winning bets and other expenses were paid out. Among internet-only entities, Resorts Digital won $45.4 million in September, up nearly 33%, and Caesars Interactive Entertainment NJ won $5.6 million, down over 38%.
Persons: , Jane Bokunewicz, Lloyd Levenson, James Plousis, Harrah's, Bally's, Borgata, Wayne Parry Organizations: CITY, — Sports, Atlantic City, of Gaming, Resorts, New Jersey's Stockton University, New Jersey Casino Control, Casino, Ocean, Tropicana, Caesars, Golden, Casinos, Resorts Digital, Caesars Interactive Entertainment, Twitter Locations: N.J, New Jersey, Ocean, New, Atlantic City, www.twitter.com
ST. PETERSBURG, Fla. (AP) — The mother of Tampa Bay Rays outfielder Josh Lowe and Texas Rangers first baseman Nathaniel Lowe will not make the trip to Tropicana Field for this week’s AL Wild Card Series featuring her sons because she is battling cancer and undergoing chemotherapy. The Rangers acquired Nathaniel, 28, in a December 2020 trade, while Josh was still making his way through the minor leagues. Wendy and husband Dave attended that series, and Wendy wore a custom, split baseball jersey — one half a white Rays uniform, the other in Rangers blue, with “Lowe” written across the back. Certainly our thoughts and prayers are with the Lowe family,” Rangers general manager Chris Young said. ... You’ve worked your whole life to be on this stage and meanwhile you’re suffering at home,” Young added.
Persons: Josh Lowe, Nathaniel Lowe, Josh, Wendy, “ She’s, won’t, Lowe, Dave, “ Lowe, , Chris Young, Nate, You’ve, you’re, ” Young, “ It’s Organizations: Tampa Bay Rays, Texas Rangers, Tropicana Field, Tampa Bay, Rays, Rangers, The Rangers, Nathaniel, MLB Locations: PETERSBURG, Fla, Tampa
Twins look to clinch division, host Angels
  + stars: | 2023-09-22 | by ( Field Level Media | ) www.reuters.com   time to read: +3 min
September 22 - The Minnesota Twins will open their final homestand of the regular season with a three-game series against the Los Angeles Angels, which begins on Friday night in Minneapolis. Right-hander Pablo Lopez (10-8, 3.58 ERA) will get the start for the Twins in the opener. The Twins were off Thursday after rallying to win the rubber match of a three-game series at Cincinnati. Lopez ranks second in the AL with 221 strikeouts and will be making just his second career start against the Angels. Jo Adell had given the Angels a 4-2 lead in the sixth with a two-run home run.
Persons: Pablo Lopez, Minnesota hasn't, Jorge Polanco, Jayce, Rocco Baldelli, Wednesday's, It's, Baldelli, Allie, Lopez, Davis Daniel, Daniel, Manuel Margot's, Carlos Estevez, Yandy Diaz, Brandon Drury, Phil Nevin, Jo Adell, Nevin Organizations: Minnesota Twins, Los Angeles Angels, American League Central, Twins, Minnesota, Target, Cincinnati, AL Central, Cleveland, Tigers, Angels, Texas, Anaheim ., Tampa, Tropicana Field, Thomson Locations: Minneapolis, Minnesota, Cleveland, Detroit, Jorge Polanco . Minnesota, Baltimore, Oakland, Anaheim , Calif, Angeles, Anaheim, Auburn, Los Angeles
MLB roundup: Wander Franco's walk-off HR caps Rays' wild win
  + stars: | 2023-08-12 | by ( ) www.reuters.com   time to read: +11 min
Franco had three RBIs and Isaac Paredes hit a two-run homer for the Rays, who blew a three-run, ninth-inning lead before Franco's heroics. The Guardians also scored three runs without a hit, tying the game in the ninth on three walks, a hit batter and three wild pitches. Bochy watched Gray (8-5) fire seven shutout innings, with the right-hander allowing just two hits while fanning seven. Jesus Luzardo (8-7) permitted seven runs on nine hits in 3 1/3 innings to lose his second straight start. Assad (2-2) allowed one run, four hits and one walk with two strikeouts in his third start of the season.
Persons: Wander Franco, Jonathan Dyer, Franco, Nick Sandlin, Isaac Paredes, Paredes, Daniel Norris, Andres Gimenez, Manuel Margot fielder's, Myles Straw, Jon Gray, Nathaniel Lowe, Mitch Garver, Bruce Bochy's, Bochy, Gray, Anthony Volpe, Aaron Judge, Kyle Higashioka, Oswaldo Cabrera, Isiah Kiner, Gleyber Torres, Randy Vasquez, Jesus Luzardo, Bryson Stott, Realmuto, Johan Rojas, Trea Turner, Nick Castellanos, Kyle Schwarber, Bryce Harper, Jorge Polanco, Max Kepler, Polanco, Michael A, Taylor, Dallas Keuchel, Austin Riley, Eddie Rosario, Charlie Morton, Mark Vientos, Tylor Megill, Ildemaro Vargas, Keibert Ruiz, Jake Alu, Vargas, Alu's, Ruiz, Stone Garrett, Paul Blackburn, Luke Maile, Elly De La Cruz, Spencer Steer, TJ Friedl, Andrew Abbott, Ke'Bryan Hayes, Andrew McCutchen, Chris Sale, Casas, Tarik Skubal, Kerry Carpenter's, Javier Assad, Cody Bellinger, Nico Hoerner, Bellinger, Hoerner, Ian Happ, Assad, Jose Berrios, Salvador Perez, Louis, Maikel Garcia, Nelson Velazquez, Bobby Witt, Willson Contreras, Adam Wainwright, Jon Singleton, Justin Verlander, Los Angeles . Singleton, Mark Canha, William Contreras, Carlos Santana, Victor Caratini, Eloy Jimenez, Yoan Moncada, Andrew Vaughn, Blake Snell, Xander Bogaerts, Snell, Julio Rodriguez, Crawford, Luis Castillo, Cal Raleigh, Ty France, Anthony Santander, Lance Lynn, Freddie Freeman, Lynn, Brendan Rodgers, Austin Gomber Organizations: Tampa Bay Rays, Cleveland Guardians, Tropicana Field, Rays, Cleveland, Rangers, Giants, Texas, Oracle, Yankees, Marlins, Triple, Phillies, Philadelphia, Twins, Dallas, Braves, Mets, Atlanta, Nationals, Athletics, Oakland, Washington, Reds, Pirates, Cincinnati, Pittsburgh, Red Sox, Tigers, Detroit, Boston, Cubs, Blue Jays, Chicago, Toronto, Brandon, Royals, Cardinals, Kansas City, St, Astros, Angels, Houston, Los Angeles ., Brewers, White Sox, Chicago Cubs, Cincinnati Reds, National League Central, The Brewers, Padres, Diamondbacks, San Diego, Mariners, Orioles, J.P, Seattle, Cal, AL East, Dodgers, Rockies, Angeles, Chicago White Sox, Thomson Locations: St, Petersburg , Florida, USA, St . Petersburg, Fla, Tampa, San Francisco, New York, Miami ., Scranton, Wilkes, Barre, J.T, Minnesota, Boston, Toronto, Los Angeles, Verlander, Houston, Milwaukee, Phoenix, Baltimore, Colorado
MLB roundup: Ex-Ray Matthew Liberatore carries Cards
  + stars: | 2023-08-11 | by ( ) www.reuters.com   time to read: +5 min
Franco scored Tampa Bay's second run on a wild pitch. Starter Aaron Nola tossed five innings and allowed five hits and one run along with six strikeouts and one walk. Starter Patrick Corbin allowed one hit and one unearned run with seven walks and two strikeouts in five-plus innings. Minnesota starter Kenta Maeda (3-7) gave up just three hits in six innings, but one of them was Greene's homer. The Royals had one hit in each of the first seven innings -- and seven hits in the game -- but were 0-for-7 with runners in scoring position.
Persons: Matthew Liberatore, Kim Klement Neitzel, Liberatore, Andrew Knizner, Tommy Edman, JoJo Romero, Franco, Rutschman, Ryan Mountcastle, James McCann, Dean Kremer, Jose Altuve, Yainer Diaz, Hunter Brown, Trea Turner, Nick Castellanos, Realmuto, Aaron Nola, Ildemaro Vargas, Patrick Corbin, Ke'Bryan Hayes, Peguero, Thomas Hatch, Bailey, Colin Holderman, Atlanta's Matt Olson, Orlando Arcia, Ozuna, Austin Riley, Ronald Acuna Jr, Noah Syndergaard, Brayan Rocchio, George Springer, Merrifield, Reese Olson, Riley Greene, Zach McKinstry, Olson, Kenta Maeda, James Paxton, John Schreiber, Josh Winckowski, Chris Martin, Kenley Jansen, Alex Verdugo, Adam Duvall, Maikel Garcia Organizations: Louis Cardinals, Tampa Bay Rays, Tropicana Field, Cardinals, Rays, Tampa Bay's, Orioles, Astros, Houston, Phillies, Philadelphia Phillies, Nationals, Pirates, Braves, Pittsburgh, Blue Jays, Cleveland warded, Toronto, Guardians, Tigers, Detroit, Minnesota, American League Central, Twins, Red Sox, Royals, Boston, Kansas, Thomson Locations: St, Petersburg , Florida, USA, St . Petersburg, Fla, Baltimore, J.T, Washington, Atlanta, Minnesota, Kansas City, Paxton
American price elasticity stretched to the limit
  + stars: | 2023-08-10 | by ( Ben Winck | ) www.reuters.com   time to read: +3 min
WASHINGTON, Aug 10 (Reuters Breakingviews) - The United States may be over the hump on inflation, but consumers aren’t acting like it. Lingering restraint will stretch the power of price elasticity to its limits. Similarly, PepsiCo’s (PEP.O) 14% increase in North American prices of Mountain Dew, Tropicana orange juice and other beverages cost it 4% in quarterly sales. Strong appetites for Oreos and Wheat Thins lifted Mondelez International’s (MDLZ.O) sales 2% in the United States, Canada and Mexico, even as prices climbed 10%. They have climbed 3.5% from a year earlier, surpassing the 3.2% annual increase in the Consumer Price Index.
Persons: Mondelez, Darden, Ricardo Cardenas, Laxman Narasimhan, Marriott, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: Reuters, of Michigan, U.S . Bureau of Labor Statistics, Capital, Procter & Gamble, Delta Air Lines, United Airlines, Reuters Graphics Reuters, U.S, of Labor Statistics, Thomson Locations: States, Dew, United States, Canada, Mexico, American
Why orange juice futures are spiking
  + stars: | 2023-08-09 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +4 min
New York CNN —Orange juice futures are hitting record highs because of bad weather and a nasty citrus disease. “Record-high orange juice prices in 2023 are a consequence of a very tight market, with smaller-than-expected production and low inventories,” he added. Spiking futures prices could mean higher prices at the grocery store, he said. On Walmart’s website, a 52-ounce bottle of Tropicana Original orange juice currently goes for about $4. Shoppers may not tolerate prices getting any higher, especially when they don’t see orange juice as a staple.
Persons: , Billy Roberts, Hurricanes Ian, Nicole, Chandan Khanna, Citrus, Mathew Joyner, Roberts, , Andrés Padilla, Jack Scoville Organizations: New, New York CNN, OJ, Hurricanes, Getty, US Department of Agriculture, Citrus Mutual, Rabobank, Price Futures Group, Bureau of Labor Statistics Locations: New York, Florida, America, Brazil, Mexico, United States
Pedro Alvarez never imagined his high school job delivering filet mignon and sautéed lobster tail to rooms at the Tropicana Las Vegas would turn into a longtime career. “Movie stars and thousands of dollars in tips,” Mr. Alvarez, 53, said. “If it was up to me, I was never going to leave.”Yet when the Strip shut down for more than two months early in the coronavirus pandemic, Mr. Alvarez became one of tens of thousands of hospitality workers in Nevada to lose their jobs. After the hotel reopened, managers told him that they were discontinuing room service, at least for a while. Since then, he has bounced between jobs, working in concessions and banquets.
Persons: Pedro Alvarez, filet mignon, Mr, Alvarez Organizations: Tropicana Locations: Vegas, Nevada
In an interview, Mr. Kim said that the renovation was ultimately an opportunity to grow employment. Not all of the casino’s workers, however, are in the union. I welcome change.”The looming stadium deal is not the first time the Tropicana has been threatened. By the 1970s, the resort was already struggling to compete with larger operations like Caesars Palace, and at the end of that decade, the F.B.I. The Tropicana has since changed hands several times.
Persons: Kim, Mr, , Ted Pappageorge, “ They’re, Pappageorge, Tawana Moore, , Ms, Moore, we’ve, Frank Costello Organizations: Culinary Workers Union Local, Tropicana Locations: Nevada
MLB roundup: Rays win shootout, take series from Dodgers
  + stars: | 2023-05-29 | by ( ) www.reuters.com   time to read: +12 min
Rays starter Josh Fleming allowed 10 runs (eight earned) on 12 hits, including five home runs, in six innings. Dylan Covey (0-1) retired only two batters in his first start since 2019 and was tagged for seven runs (five earned) on six hits. Darvish (3-4) allowed a season-high seven runs and seven hits in 2 2/3 innings. Gerrit Cole (6-0) allowed a homer to Jake Cronenworth two batters into the game and a two-run homer to Rougned Odor in the seventh. Alex Cobb (4-2) gave up a season-high seven runs on seven hits in four innings.
MLB roundup: Down 6, Rays stun Gerrit Cole, Yanks
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +12 min
Cole gave up six runs (five earned) and eight hits, striking out six and walking two in his five-plus innings. The winning pitcher was Michael Tonkin (3-1), who did not allow a hit over two scoreless innings. Lourdes Gurriel Jr. homered twice, scored four runs and had four RBIs and Christian Walker also homered for Arizona, which had its win streak snapped at three. Pittsburgh starter Roansy Contreras (3-3) allowed five runs and nine hits in five innings, with four strikeouts and three walks. Yarbrough allowed one run on three hits over 5 2/3 innings, his longest start since July last year with the Tampa Bay Rays.
Total: 25