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☆ A tiny low-cost airline you may not have heard of is expanding to 10 new cities. We asked its CEO what to expect.
▼ + stars: | 2024-04-29 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Avelo Airlines continues to expand its fleet and routes, adding 10 new destinations on May 1. As Avelo strives for its third profitable quarter, the CEO says the airline is focused on itself. AdvertisementWhen low-cost newcomer Avelo Airlines launched its first flight three years ago, it had just three Boeing 737 Next-Generation jetliners and served 11 West Coast destinations. Business Insider spoke to Avelo CEO Andrew Levy about what makes the growing airline different from other low-costs and what customers can expect on board its planes. Avelo Airlines' route map.

Persons: Avelo, —, Andrew Levy, Jim Olson, Louis, Walt, we've, Levy, Joe Scarnici Avelo, he's Organizations: Avelo Airlines, Service, Boeing, Alaska Airlines, Business, Concord, Houston Hobby, Walt Disney, Universal Studios, Delta, Avelo, JetBlue Airways, Airlines, BI, Frontier Locations: Burbank , California, Sonoma County, Boise, Idaho, Montana, Albany, Atlanta, Charlotte , North Carolina, Destin, Knoxville, Lakeland, Central Florida, Miami, St, Traverse City , Michigan, Orlando, New Haven, Connecticut, New York City, Hartford, Boston, Alaska

☆ I quit a comfortable tech job to launch a startup. I had to sacrifice a lot, but now I make $400,000 and travel all the time.
▼ + stars: | 2024-04-29 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +1 min

Gene Caballero left his stable job at Dell to cofound GreenPal, an on-demand lawn care service. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThis as-told-to essay is based on a conversation with Gene Caballero, a 44-year-old cofounder of GreenPal, based in Nashville. I'm a cofounder of GreenPal, a platform that connects homeowners with lawn care professionals. After purchasing my first home, finding reliable lawn care for myself and my mom was a daunting task.

Persons: Gene Caballero, —, It's, Uber, Airbnb, Bryan Clayton's Organizations: Dell, Service, Business Locations: Nashville, West

☆ One of the world's biggest cities is sinking, so they're spending $35 billion to build a new capital from scratch. Take a look at Nusantara.
▼ + stars: | 2024-04-28 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Indonesia plans to relocate its capital from Jakarta to the new city of Nusantara. The new city will cost $35 billion and won't be finished until 2045. The climate crisis has prompted the move, with Jakarta at risk of sinking due to rising sea levels. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. The Indonesian government plans to move the capital to Nusantara, a new city being built on the eastern coast of Borneo, about 870 miles north of Jakarta.

Organizations: Service, Business Locations: Indonesia, Jakarta, Nusantara, Java, Indonesian, Borneo

☆ University of Southern California Confronts an Unfamiliar Era of Protest
▼ + stars: | 2024-04-25 | by ( Shawn Hubler | ) www.nytimes.com time to read: +1 min

A leafy quad strewn with camping equipment. But in Los Angeles, the talk has been less about what was happening than about where it was happening: at the University of Southern California, a private, 144-year-old West Coast institution hardly known for intense political rebellion. “This is not the first university you think of when you think of protests and occupying the central quad and confronting the police,” said Zev Yaroslavsky, a former longtime Los Angeles County supervisor and city councilman. ?”Entwined for generations with Los Angeles’s power structure, U.S.C. has long held a special place in the nation’s second-largest city — not just as a school, but also as a community pillar in a sprawling metropolis where fixed points are hard to find.

Persons: ”, Zev Yaroslavsky, “ Organizations: Police, University of Southern, Harvard Locations: Israel, Los Angeles, University of Southern California, West, Los Angeles County, “ Berkeley

☆ A Gen X couple moved from California to Massachusetts to escape high housing costs: 'We still pinch ourselves over how lucky we are.'
▼ + stars: | 2024-04-23 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

AdvertisementSteve Dalton, 56, and his partner Sydney Sauber, 58, were ready to leave the Bay Area of California after nearly two decades. Leaving California for MassachusettsDalton, an IT professional for a university, was born and raised in the Bay Area. While there, she met Dalton, and they moved into a condo in San Pablo two years later in 2010. As they reached retirement age, the couple wanted to purchase a house, though they knew that would be implausible in the Bay Area with their budget. He estimates a similar home in the Bay Area would cost over $2 million.

Persons: Steve Dalton, Sydney, Dalton, —, they've, Worcester, Massachusetts Dalton, Pablo didn't, Sauber, he's, They've Organizations: Sydney Sauber, Sauber, Worcester, Service, Survey, Chevron, Red Sox Locations: California, Massachusetts, Bay, West Coast, Worcester , Massachusetts, Worcester, Marin County, San Francisco, Contra Costa County, Puerto Rico, New York , Texas, Florida, New England, Northampton, Salem , Massachusetts, Dover , New Hampshire, East, San Pablo, Oakland, Pablo, Englanders

☆ JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: +2 min

(Photo by May James/SOPA Images/LightRocket via Getty Images)JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S. The deal comes as shares in athletic clothing retailers come under pressure globally after weak outlooks from sports apparel makers such as Nike and Puma. It will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the U.S. firm's last closing price. JD Sports shares, which have fallen more than 20% so far this year, were up 6% by 0900 GMT. The deal is expected to add to the British firm's earnings in the first full year of ownership, with cost savings expected to be at least $25 million, JD said.

Persons: May James, Foot Locker, Dominic Platt, JD Organizations: UNITED, Getty, Hibbett Inc, Nike, Puma, Adidas, JD Sports, Paris Olympics Locations: UNITED KINGDOM, England, premarket U.S, U.S, North America, Bury, Greater Manchester

Those are some of the most fascinating items found in lost luggage in 2023, according to a new report by Unclaimed Baggage, a store that buys lost items from airlines, sight unseen. The company has long-term contracts to buy unclaimed items from airlines, as well as hotels, trains and rental car companies. Unclaimed Baggage opened a "Found Treasures" museum in Scottsboro, Alabama, in 2023 to showcase the oddest items acquired through the years. Then he found them at Unclaimed Baggage and brought them back to her." Source: Unclaimed Baggage

Persons: Richard Nixon, Louis, Bryan Owens, Cartier, Owens, Owen's, Doyle Owens, Doyle, There's, … we're, Owen, Louis Vuitton, —, …, Jimmy Choo, Yves Saint Laurent —, it's, they've, David Bowie Organizations: Louis Vuitton Nike Air Force, CNBC Travel, Rolex Locations: Scottsboro , Alabama, Scottsboro, America, West Coast, Atlanta

☆ Sebastian Steudtner says he has surfed the ‘unsurfable’ after drone technology measures 93.7-foot wave as world record
▼ + stars: | 2024-04-22 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —German surfer Sebastian Steudtner may have broken his own record for riding the biggest wave in history earlier this year. The monster wave in the famed surfing sport of Nazaré, Portugal was provisionally measured at 28.57 meters (93.72 feet), pending ratification. If confirmed, the wave would eclipse Steudtner’s current record of 26.21 meters (86 feet) set in 2020, also in the fishing village of Nazaré. Steudtner holds the record for the biggest wave ever surfed. “We were, for the first time, surfing the biggest waves in stormy conditions which were considered unsurfable.

Persons: Sebastian Steudtner, Steudtner, ”, “, Team Steudtner, Marcus Schmelz, Gigantes de Nazaré, Lucas “, ” Steudtner Organizations: CNN, CNN Sport, ” Porsche, Team, Porsche Engineering, Surf League, Quattro, Siemens Locations: German, Nazaré, Portugal

☆ Universities Struggle as Pro-Palestinian Demonstrations Grow
▼ + stars: | 2024-04-22 | by ( Alan Blinder | ) www.nytimes.com time to read: 1 min

At New York University, the police swept in to arrest protesting students on Monday night, ending a standoff with the school’s administration. At Yale, the police placed protesters’ wrists into zip ties on Monday morning and escorted them onto campus shuttles to receive summonses for trespassing. Columbia kept its classroom doors closed on Monday, moving lectures online and urging students to stay home. Nearby, at campuses like Tufts and Emerson, administrators weighed how to handle encampments that looked much like the one that the police dismantled at Columbia last week — which protesters quickly resurrected. And on the West Coast, a new encampment bubbled at the University of California, Berkeley.

Organizations: New York University, Yale, Columbia, Harvard Yard, Tufts, Emerson, University of California Locations: West Coast, Berkeley

☆ Top 10 U.S. cities for eco-conscious living—they're almost all on the West Coast
▼ + stars: | 2024-04-21 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

In honor of Earth Month, realtyhop ranked the greenest U.S. cities for homebuyers. The report evaluated each city based on the following criteria: SustainabilityPolicy and infrastructureEnergyEnvironmentAffordability Overall, the study found that the majority of the greenest cities are on the West Coast — five are in California alone. Portland, Oregon is the greenest city in AmericaWith a total score of 62.34, Portland, Oregon took the No. The city uses green streets, eco-roofs, trees and more to manage the stormwater. Top 10 greenest cities in AmericaPortland, Ore. Washington, D.C. San Francisco, Calif. Seattle, Wash. Oakland, Calif. Spokane, Wash. New York, N.Y. Sacramento, Calif. San Diego, Calif. San Jose, Calif.

Persons: realtyhop, Gavin Newsom, Jordan Organizations: Earth, Energy, Coast, CNBC, Portland, Jordan Siemens, Getty, Environmental Services, Calif, D.C, Washington D.C, Istock Locations: U.S, homebuyers, California, Portland , Oregon, America, realtyhop, Portland, America Portland, Ore . Washington ,, San Francisco, Calif, Seattle, Wash . Oakland, Calif . Spokane, Wash . New York, N.Y, Sacramento, San Diego, San Jose, Washington

☆ Don't think all Nvidians are now rich, says one engineer
▼ + stars: | 2024-04-21 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Read previewAn Nvidia engineer who makes $250,000 a year said the amount employees make at the chip giant was "not as rosy" as some might think. He told Business Insider that while some Nvidians may be lucky enough to be millionaires, "a million doesn't go too far." The software engineer didn't want to be identified as he's not authorized to speak to the media. AdvertisementThat means that a Nvidia employee earning $1 million a year may not be considered rich in a place like San Francisco. "I'm really happy with the price Nvidia stock is trading at."

Persons: —, didn't, he's, There's, Charles Schwab, I'm, I've, it's, Jensen Huang, HWA CHENG Organizations: Service, Business, Nvidia, Microsoft, Apple, Social Security, Charles Schwab Modern Wealth Survey, HWA, Getty, Bloomberg Locations: Coast, California, San Francisco, India, AFP

☆ A US Navy transport ship deployed to help operate the floating port in Gaza returned home after an engine fire
▼ + stars: | 2024-04-18 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +5 min

A US Navy ship deployed to help build a floating pier in Gaza returned home after an engine fire. USNS 2nd Lt. John P. Bobo deployed to transport equipment to operate the temporary port. AdvertisementAn M1A1 Abrams tank is off-loaded from the USNS 2nd Lt. John P. Bobo off the shore of Pohang, Republic of Korea. AdvertisementUSNS 2nd Lt. John P. Bobo and USNS Pililaau anchor off the coast of Pohang, Republic of Korea. Australian dock workers secure USNS 2nd Lt. John P. Bobo while members of the U.S. Navy, Marine Corps and Australian Defence Force begin offloading.

Persons: John P, Bobo, —, Pat Ryder, Cpl, Mark W, Stroud, MV Roy P, Baldomero Lopez, Sal Mercogliano, Military.com, Frank S, Besson, Joshua Fulton, Mercogliano, horrendously, I've, You've, Scott Reel, Ryder Organizations: US Navy, USNS, Service, Navy, Pentagon, Army, MV, sealift, Naval Beach, USNI News, U.S . Navy, Marine Corps, Australian Defence Force, Defense Department Locations: Gaza, Jacksonville , Florida, Pohang , Republic of Korea, Tenerife, Africa, Azores, Souda, Greece

The information for the following product(s) has been collected independently by Business Insider: Hilton Honors American Express Aspire Card. Here's how I combined rewards credit card points, benefits, and a free night certificate to take a $7,000 trip for less than $350 per person. Both my husband and I have the Hilton Honors American Express Aspire Card from American Express, and we had each gotten a free night certificate with that card. I transferred some American Express Membership Rewards points to British Airways to complete the transaction. The main reason was that our Aspire card came with up to $400 in resort credits a year, meaning our Waldorf charges were ultimately reimbursed.

Persons: you've, that's, Hilton, PlusPoints Organizations: Business, Hilton, Hyatt, Chase, Waldorf, Hilton Honors, American Express, Alaska Airlines, British Airways, Aspire Locations: Maui, Portland , Oregon, Hawaii, Portland, Alaska, West Coast, San Francisco

☆ Farewell, and Thanks, to a Man Who Kept Kids Safe
▼ + stars: | 2024-04-16 | by ( Joe Sexton | ) www.nytimes.com time to read: +1 min

From the corner of West 25th Street in Manhattan, it takes 34 steps to cross 10th Avenue, more if it is a kindergartner dawdling, sippy cup in hand, to the private school on the other side. To get to Avenues of the World School by crossing West 25th Street takes only 16 steps, even fewer if it is a frantic 12th grader bounding to be on time for first period. “My man, Wilder,” he would call out to a 4-year-old boy. “Spider-Man,” he’d chuckle at the preschooler clutching for dear life a figurine of his favorite superhero. “Miss Seattle,” he’d address a third-grade girl, a new student from the West Coast who loyally wore a Seahawks cap every day.

Persons: Richard Henderson, Wilder, ”, “, chuckle Organizations: World, West, Miss, West Coast, Seahawks Locations: West, Manhattan, Miss Seattle

☆ New York is in, San Francisco is very much out for tech workers relocating
▼ + stars: | 2024-04-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

New York City gained the most relocating tech workers in 2023, SignalFire reports. AdvertisementNew York is continuing to gain on San Francisco as a rival tech hub. The greater New York City area drew the biggest share of relocating tech workers last year compared to any other major city in the US, according to a new SignalFire report. The most common move for tech workers in the San Francisco Bay Area was to New York, the report found. AdvertisementMeanwhile, SignalFire found that the San Francisco Bay area actually saw its tech pool shrink by the largest percentage last year.

Persons: San Francisco, —, SignalFire Organizations: York City, San, Los Angeles, Service, Big Apple, Austin, CNBC, Sequoia Capital, Nvidia, SF Bay Area Locations: York, Austin, Francisco, New York City, San Francisco Bay, New York, Los Angeles, Seattle, Boston, San Francisco, California, San, Santa Clara , California, West, San Jose , California

☆ A major Burger King franchisee in California says he can't roll out order kiosks fast enough due to the state's new $20 fast-food minimum wage
▼ + stars: | 2024-04-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A huge Burger King franchisee is rushing to cut costs over California's $20 minimum wage for fast-food workers. AdvertisementA major fast-food franchisee in California says he's rushing to roll out digital order kiosks as part of plans to cut costs over the state's new $20 minimum wage for fast-food workers. Ghai said he owns 180 fast-food restaurants in California, including about 140 Burger King locations and numerous Taco Bell and Popeyes restaurants. Ghai says he can't raise prices any moreThe new minimum wage, which applies to limited-service restaurant chains with at least 60 locations nationwide, came into effect on April 1. It's 25% higher than the state's general minimum wage of $16 an hour, though many cities and counties in California have set theirs higher.

Persons: —, Harsh Ghai, Ghai, he's, Shack, Burger King, Taco Bell Organizations: Burger King, Service, Taco Bell, BI, Taco Locations: California, West Coast, Burger

☆ I started a side hustle selling sandwich wraps to pay for my wedding dress. It only took a few months to make the money.
▼ + stars: | 2024-04-12 | by ( Jennifer Cannon | ) www.businessinsider.com time to read: +6 min

The cost of the wedding dress I had my heart set on was $700. One of my officemates loved tuna and agreed to be my taste tester. Related storyI got the green light, and before I knew it, there was a buzz around the office about "Jen's Tasty Tuna Wraps." Tuna wraps were on the menu and found new fans. A friend recently told me, "I still dream of your tuna wraps, Jen!"

Persons: —, I'd, Paul, romaine, Jennifer Cannon's, Jennifer Cannon, we've, I've, Jen Organizations: Service, Navy, Business, Coast Burrito Co, Cinco de Mayo, Philadelphia Eagles, Garden State Locations: China, Ridgecrest , CA, Redlands, California, Philadelphia, Southern New Jersey, Cinco de, Garden, Southern California

☆ In-N-Out's billionaire heiress started out working kitchen shifts at the chain when she was a teenager because she didn't want 'special treatment'
▼ + stars: | 2024-04-11 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Lynsi Snyder, whose grandparents founded In-N-Out Burger, started working at the chain as an associate. "There's a stigma that can come with being, you know, the owner's kid," she told NBC's TODAY. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBillionaire In-N-Out Burger heiress Lynsi Snyder said she started out working shifts at the cult West Coast burger chain as a teenager because she wanted to be respected.

Persons: Lynsi Snyder, Burger, NBC's, Snyder, — Organizations: Service, NBC's, Business Locations: Burger, Redding , California

☆ Constellation Brands CEO explains sales weakness in wine and spirits: 'we spread ourselves a little too thin'
▼ + stars: | 2024-04-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Constellation Brands CEO Bill Newlands told CNBC's Jim Cramer on Thursday how the company plans to improve its wine and spirits division, which saw its net sales decline during the most recent quarter. "We're going to put a lot more focus on the critical brands, brands like the Prisoner, and Meiomi, and High West, and Mi Campo, as examples. Despite shortcomings with its wine and spirits business, the company's quarterly earnings report showed strength in beer sales. Newlands also expressed confidence in Sam Glaetzer, the new leader of Constellation Brands' wine and spirits business. Constellation Brands is seeing success and growth in its Pacifico Brand, Newlands added.

Persons: Bill Newlands, CNBC's Jim Cramer, Mi, We're, Newlands, Sam Glaetzer, Glaetzer, it's Organizations: Constellation, High, Constellation Brands, Modelo, Management, Pacifico Brand, Pacifico Locations: Corona, Pacifico, Newlands, California, Florida, New Jersey, West Coast

☆ Dollar stores are shutting down across America. They did this to themselves
▼ + stars: | 2024-04-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

Dollar Tree believed acquiring Family Dollar would help it compete against larger rivals. “When Dollar Tree bought Family Dollar, they didn’t really know what they were doing,” D’Arezzo said. Many Family Dollar stores were located too close to each other and cannibalized each other’s own sales, too, D’Arezzo said. Family Dollar “needs more work than the company originally thought.”A year later, an activist investor pushed for a sale of the “underperforming” Family Dollar business, and Family Dollar announced it would close 390 stores. Dollar Tree and Family Dollar executives say Family Dollar can still succeed, however.

Persons: Dollar, Ron Holman, ” Neil Saunders, GlobalData, “, ”, David D’Arezzo, Rick Dreiling, Kelly Bania, Carl Icahn, Nelson Peltz —, ” D’Arezzo, D’Arezzo, Dreiling Organizations: New, New York CNN, Visalia Times, USA, Dollar, BMO Capital Markets, “, Street, Justice Department, Bloomberg, Walmart, Costco Locations: New York, West Coast and Texas, West Memphis, ”, California , Nevada , Arizona, Texas, California

☆ Canary Islanders call for hunger strike to protest against overtourism they say is pricing them out
▼ + stars: | 2024-04-10 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —Locals in the Canary Islands are mobilizing to protest against excessive tourism, blaming visitors for pricing them out of their homes and causing environmental damage. “Every person who joins the human chain sends a strong message to the government: The Canary Islands are not willing to continue sacrificing their future,” it said in a post on Facebook published Wednesday. The group also blames local authorities for approving large tourist developments that worsen existing issues, such as increasing water shortages. “The objective is to create a committee of experts to establish common guidelines,” said Jéssica de León, minister for tourism and employment in the Canary Islands regional government, in a statement published Tuesday. Concerns about the impact of tourism are not unique to the Canary Islands.

Persons: Fundación, ”, “, EyesWideOpen, Jéssica, León, De León Organizations: CNN, Locals, Se Agota, Facebook Locations: Africa, Tourism, Tenerife, Canary, Spanish, Barcelona

☆ The beautiful African paradise islands that most tourists don’t know about
▼ + stars: | 2024-04-10 | by ( Joe Yogerst | ) edition.cnn.com time to read: +9 min

CNN —A couple of African paradise islands have been on the radar of avid world travelers for some time. Shellfish Bay on the island’s windward side shelters one of East Africa’s most spectacular beaches, a crescent of white sand framed by 100-meter dunes. Bazaruto Island Resort, the island’s top digs, can arrange scuba diving and snorkeling, sailing on traditional dhow boats, guided 4x4 wildlife safaris, sandboarding on the dunes and other outdoor activities. Lamu’s best beaches are on the island’s windward side, around a 30–40-minute walk via Shela village. — and an ancient stone nilometer for measuring the river’s water level — reflect the island’s importance during pharaonic times.

Persons: São Filipe, Denis, Ponta, Ariadne Van Zandbergen, Dar es Organizations: CNN, Ethiopian Airways, oneworld, Getty, UNESCO, Heritage, Cabo Verde Airlines, Overseas, Paris Orly, Animalia Museum, Egypt, Vogue, Reserve, Dar es Salam Locations: Mauritius, Seychelles, Canary, Africa, Madagascar, Addis Ababa, Bazaruto, Mozambique, East, sandboarding, Johannesburg, Vilanculos, Lamu, Kenya, Manda, Malindi, Nairobi, JamboJet, Fogo, Cape Verde, Cabo Verde, West Africa, Pico, Verde’s, Praia, Overseas Territory, Réunion, French Caribbean, L’Hermitage, Saint, Paris, Antananarivo, Elephantine, Egypt, Aswan, Bissagos, Guinea, Bissau, Bubaque, Pemba, Tanzania, Zanzibar, Tanga, Dar, FlightLink

☆ I was over-employed and worked other jobs on top of my full-time one. To achieve the American dream, you have to beat the system.
▼ + stars: | 2024-04-10 | by ( Isabelle Aron | ) www.businessinsider.com time to read: +7 min

Project manager Kendall McGill started picking up contract work after she started working from home. After the Apple contract ended in July 2022, I also left my full-time job at Hunt A Killer in September 2022. AdvertisementI job-hop often and always look out for new contract workI had another full-time job and a contract lined up at companies where nobody knew me. I had a full-time job and two contracts, one full-time and one part-time. By 2 p.m., I'd start doing my West Coast job until around 7 p.m. or 8 p.m.

Persons: Kendall McGill, She's, —, I've, Hunt, I'd, I'm, We've Organizations: McGill, Service, Business, Apple, West Locations: East Coast, West Coast, East

☆ Imports from China to the US are rising at the highest rate since last fall
▼ + stars: | 2024-04-10 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Imports coming to the U.S. from China are experiencing a notable increase, according to new trade and logistics data. The first half of 2024 is expected to total 11.7 million TEUs (twenty-foot equivalent units), an increase of 11% from the same period last year. In 2023, imports were down from 2022 by almost 13%, totaling 22.3 million TEUs. By comparison, New York/New Jersey processed 7.81 million TEUs, Georgia 5.4 million TEUs, Virginia at 3.3 million TEUs, Charleston 2.5 million TEUs, Jacksonville 1.3 million TEUs, and Miami 1.25 million TEUs. The other reason for the recent container push is fears of a labor strike at East Coast and Gulf ports.

Persons: John Gold, Francis Scott Key, Jason Hilsenbeck, Drayage.com, Paul Brashier, Brashier Organizations: Future Publishing, Getty, Global, National Retail Federation, Hackett Associates, Francis Scott Key Bridge, Miami, ITS Logistics, CNBC, Baltimore, West Coast, U.S ., Port / Railroad, Longshoremen's Association, United States Maritime Alliance Locations: Taicang, Jiangsu province, China, U.S, Panama, Port of Baltimore, East Coast, New York, New Jersey, Georgia, Virginia, Charleston, Jacksonville, Port of Virginia, Norfolk, Baltimore, NY, NJ, Norfolk and New York, West, West Coast North, U.S . East Coast, West Coast, Los Angeles, Long Beach, Long, Gulf, East

☆ These 10 retail brands are the fastest growing in the U.S., Yelp says
▼ + stars: | 2024-04-10 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Of the 50 fastest-growing chains in Yelp's report, 35 were restaurant brands. Jack in the Box, First Watch and Dutch Bros were among the public restaurant chains included in the report, but they didn't crack the top 10. Popeyes' higher sales have encouraged franchisees to open more locations and led new operators to join the brand, Restaurant Brands executives have previously said. In 2023, Popeyes surpassed KFC as the second-most popular chicken chain in the U.S. by sales, trailing only Chick-fil-A.

Persons: Jack, Levi Strauss, Cava CAVA, Cava, Zachary Lucy, Scott Olson, Darden, Yum, Stephanie Dhue, Tim Hortons, Burger King, Randy Risling, Popeyes, Michael Siluk, Freddy's, Kyle Rivas, It's, Justin Sullivan Organizations: Dutch Bros, Publicly, Nordstrom, Costco, New York Stock Exchange, Pacific Coast League, Omaha Storm, Memphis Redbirds, AP, LongHorn, Getty, Darden, steakhouse, Parent, Yum Brands, Taco Bell, KFC, East, CNBC, Wawa, Toronto Star, Brands, Restaurant Brands, UCG, Thompson, Capital Partners, Rally House, Kansas City Chiefs, Tampa Bay Buccaneers, Subs Locations: U.S, Cava, Werner, Omaha , Nebraska, Nebraska, Skokie , Illinois, California, West, Wawa, Bethany Beach , Delaware, Philadelphia, It's, Louisiana, Lansing , Kansas, Kansas City , Missouri, Midwest, Pennsylvania, Arizona, Olive, Lincolnwood , Illinois, Jersey, Petaluma , California

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