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Read previewI live a couple of minutes from Disney World and visit the parks about four times a week. I've dined at about 60% of the restaurants at Disney World (both table service and quick service), and there are hits and misses. I usually enjoy a plate of chicken Parmesan or spaghetti, but not from here. I'd recommend visiting Tutto Gusto or Tutto Italia at Epcot if you're wanting some high-quality Italian cuisine at Disney World. I can't express how delicious the food is at Boma — it's some of the best food I've had at Disney World.
Persons: , I've, Pecos Bill, Jenna Clark, Jenna Clark Tony's, Melrose's, I'd, I'm, Jenna Clark Coral, haven't, Mouse, Mickey Mouse, Dale, Boma Organizations: Service, Disney, Business, Pecos, Pecos Bill, Magic, Disney's, Columbia, Columbia Harbour House, House, Hollywood Studios, Epcot, Fish, Rose & Locations: Magic, Pecos, Tony's, Columbia Harbour, Epcot, it's, Southern, Yorkshire, Jenna Clark Yorkshire
While healthcare and food constitute the majority of pet owner expenses, a new trend has emerged: dedicated pet wash stations. Related storiesDepending on the level of luxury, pet wash stations can cost homeowners between $400 and $2,000 to DIY, according to home-maintenance site The Spruce. The materials that will be used in a pet shower being developed by Highland Homes. Therefore, it's not surprising that many are enhancing their appeal by incorporating tailored features like pet wash stations into their builds. AdvertisementA dog spa in a Highland Homes property.
Persons: , Sanju, Surtani, We've, that's, DINKWAD, homebuilders, it's Organizations: Service, Business, Highland Homes, National Association of Real Estate, Homes, American Pet Products Association, Highland Locations: Highland, Highland Homes
(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter. Stifel opened coverage on Tesla with a buy rating and an ambitious price target as it sees multiple growth opportunities for the company. Crockett also increased his price target by $64 to $260, which now suggests shares can rally 24.4% from Tuesday's closing price. Goldman also hiked his price target by $7 to $52, now reflecting upside potential of 17.7% over Tuesday's close. Analyst Stephen Gengaro initiated the electric vehicle maker at a buy rating with a $265 price target.
Persons: Rosenblatt, Barton Crockett, Crockett, — Alex Harring, Atif Malik, Malik, Blackwell, Wolfe, Robinhood, Steven Chubak, Chubak, Jason Warnick, That's, Keith Gill, Katja Jancic, Jancic, Brian Ossenbeck, Ossenbeck, Campbell, Ken Goldman, hasn't, Goldman, underperformance, Stifel, Stephen Gengaro, Gengaro, Alex Harring Organizations: CNBC, Federal Express, JPMorgan, FedEx, Apple, Apple Intelligence, Android, Meta, Microsoft, Nvidia, Citi, Wolfe Research, . Steel, BMO Capital Markets, U.S, Steel, Nippon Steel, Nippon, US, U.S . Steel, CPB, Tesla Locations: Tuesday's, Japan, U.S
FedEx — Shares of the company moved more than 14% higher after topping Wall Street's fiscal fourth-quarter expectations . The shipping giant earned $5.41 per share, after adjustments, on $22.11 billion in revenue. Analysts polled by LSEG were expecting earnings of $5.35 per share and revenue of $22.07 billion. Aptiv — Shares of the automotive technology company plunged 10% following Piper Sandler's downgrade of the stock to underweight from neutral . Paychex posted adjusted earnings of $1.12 per share, which is above the $1.10 earnings per share that analysts polled by LSEG were expecting.
Persons: LSEG, Bosch, Piper, Mills, Paychex, Grindr, Campbell, , Alex Harring, Lisa Kailai Han, Scott Schnipper, Sarah Min, Michelle Fox Organizations: Volkswagen Group, FedEx —, Whirlpool —, Reuters, Rivian, MNC Capital Partners, JPMorgan, Campbell
AdvertisementRenting our accommodations abroad cost significantly less than sending our child to summer camp, and it came with perks. There are benefits of living abroad as a family that aren't financialWe took a train ride to Geneva, Switzerland. Because my husband and I can do our jobs remotely, we were able to spend this summer abroad without compromising our professional commitments or paychecks. I'd consider making these extended family trips a traditionThis summer was a bit of an experiment. Perhaps we can even switch between day camp and family vacations every year.
Persons: , Jordi Lippe, McGraw, He'd, Big Ben, I'd, I'm Organizations: Service, Business, de France, Alpine Locations: New York, Zurich, Austria, Geneva, Switzerland, Feldkirch, Vaduz, Liechtenstein, London, East Coast
Campbell Soup 's acquisition of Rao's parent Sovos Brands is a key part of why JPMorgan is now bullish on the Camden, New Jersey-based food company for the first time in 15 years. Analyst Ken Goldman upgraded Campbell to overweight from neutral, a rating the bank hasn't had on the stock since 2009. The Rao's brand alone brought in nearly $775 million in annual net sales in 2023, driving Sovos sales above $1 billion last year. Rao's organic net sales climbed about 37% in 2023 from 2022, boosting the acquired business's growth rate to 25%. CPB .SPX YTD mountain Campbell Soup vs. S & P 500, year to date Despite the excitement around Rao's, the JPMorgan call comes amid a period of underperformance for Campbell.
Persons: Campbell, Ken Goldman, hasn't, Goldman, Sovos, Michael Angelo's, underperformance Organizations: JPMorgan, Wall, CPB Locations: Camden , New Jersey, noosa
Food wars will rise amid trade barriers and climate risk, Olam Agri's CEO warned. Advertisement"Food wars" are looming over global stability, as trade barriers and the climate crisis strain supply, the head of trading firm Olam Agri warned. We will fight bigger wars over food and water," he said during last week's Redburn Atlantic and Rothschild consumer conference. Though agricultural commodity traders took the blame for rising food costs after Russia's 2022 invasion of Ukraine, the CEO pushed back. Instead, the outbreak of non-tariff trade barriers was likely the chief culprit, with 1,266 curbs proliferating that year.
Persons: , Sunny Verghese Organizations: Service, The Financial Times, Rothschild Locations: Ukraine
Rivian Automotive — Shares of Rivian Automotive skyrocketed more than 40% after the electric vehicle company secured up to $5 billion in funding from Volkswagen Group. A so-called short squeeze added fuel to the gain as about 19% of the Rivian shares available for trading were sold short before this news, according to FactSet. Nvidia — The chip stock added more than 2%, building on a nearly 7% rebound during Tuesday's session. Aptiv — The automotive technology stock dropped 7% after Piper Sandler downgraded Aptiv to underweight from neutral and cut its price target. Robinhood — Shares added 3%.
Persons: Bosch, Mills, Aptiv, Piper Sandler, Campbell, Ken Goldman, Wolfe, Sarah Min, Lisa Han, Jesse Pound, Michelle Fox Organizations: Rivian Automotive, Volkswagen Group, FactSet, FedEx — FedEx, Whirlpool, Reuters, Southwest Airlines —, Nvidia, Citi Research, Rivian, Volkswagen, JPMorgan, United States Steel, BMO Capital Markets, U.S, Steel, Nippon Steel, Micron Technology Locations: Tuesday's
“We felt this was a more modern, fresh and relevant vibe to start connecting with new consumers, while also servicing our guests that are tried-and-true Perkins loyalists.”A rendering of a new Perkins American Food Co., which will debut later this year. Aria Group and Perkins American Food Co. Aria Group and Perkins American Food Co.“We know that value is so critical right now and we’re very mindful of that,” she said. The firm is investing in the classic American brand that’s been marred with financial issues, including two bankruptcies, following a disastrous 2006 merger with Marie Callender’s. “We really feel that this iteration of ‘Perkins American Food Co.’ is going to marry tradition and innovation and keep us true to who we are,” she said.
Persons: Perkins, Toni Ronayne, , ” Ronayne, Ronayne, It’s, , David Henkes, Baby, Marie Callender’s, “ Perkins, it’s, Organizations: New, New York CNN —, Perkins, “ Perkins, Food Co, CNN, Perkins American Food Co, Aria, Dine Brands, Baby Boomers, Ascent Hospitality Management, Watch, ‘ Perkins Locations: New York, Orlando , Florida, Cincinnati , Ohio
In this article DAL Follow your favorite stocks CREATE FREE ACCOUNTThe bar at the Delta One lounge at New York's John F. Kennedy International Airport. Leslie Josephs | CNBCDelta Air Lines' most exclusive airport lounge opens this week to travelers flying on the right ticket. Leslie Josephs | CNBCThe lounge, Delta's largest, is a step up from Delta's more accessible Sky Club lounges, with areas to relax. Amenities in bathroom and shower stall at Delta One lounge at John F. Kennedy International Airport. Bar at Delta One lounge at John F. Kennedy International Airport in New York.
Persons: John F, Leslie Josephs, Airport Leslie Josephs, Dwight James, Delta's, James Organizations: Delta, Kennedy International, CNBC Delta Air Lines, Kennedy, CNBC, CNBC Delta, American Airlines and United Airlines, Airport, Sky, JFK Locations: John, U.S, New, New York
New CNN —Pop quiz: How much does a Big Mac, fries and a fountain beverage – also known as a Big Mac combo meal – cost? In a recent letter, Joe Erlinger, president of McDonald’s USA, said $18 for a Big Mac combo was the “exception” and not the norm across all 13,700 restaurants in the country. The thing is: It doesn’t really matter that virtually no one is paying anything close to $18 for a Big Mac combo. “The average price of a Big Mac in the US was $4.39 in 2019,” Erlinger said in his recent letter. Behold: Price cuts and value menusI’d be willing to bet Erlinger was made aware of the viral $18 Big Mac combo post not long after it took off.
Persons: It’s, Joe Erlinger, Erlinger, it’s, They’re, ” Erlinger, aren’t, haven’t, Price, Christopher Kempczinski, they’ve, Ian Borden, they’re Organizations: CNN, McDonald’s, Mac, Consumer, Walgreens, Walmart, Wendy’s Locations: Connecticut, McDonald’s USA, Amazon
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewScientists have long suspected that industrial chemicals used in plastic water bottles can disrupt human hormones. Now, a groundbreaking new study shows direct evidence that bisphenol A — or, BPA, a chemical used to package food and drink — can reduce sensitivity to insulin, a hormone that helps regulate blood sugar. An impaired ability to respond to insulin, known as insulin resistance, can mean chronically high blood sugar levels and a much higher risk of type 2 diabetes. "We were surprised to see that reducing BPA exposure, such as using stainless steel or glass bottles and BPA-free cans, may lower diabetes risk."
Persons: , Todd Hagobian, They've, Hagobian Organizations: Service, Business, American Diabetes Association, California Polytechnic State University, EPA, FDA, European Commission Locations: California
With stocks set to close out a strong first half of 2024, investors have just one more key inflation hurdle to clear in the week ahead: May's personal expenditure report. Next week's personal consumption expenditure data, the Federal Reserve's preferred inflation gauge, could show whether that overall picture is intact. May's consumer price index, for example, showed no increase from the prior month. Last month's producer price index , a measure of wholesale prices, unexpectedly dropped from the previous reading. Pending Home Sales Index (May) 11 a.m. Kansas City Fed Manufacturing Index (June) Earnings: Nike, Walgreens Boots Alliance , McCormick & Co. Friday June 28 8:30 a.m.
Persons: Stocks, Terry Sandven, Goldman Sachs, David Kostin, Scott Chronert, Brian Leonard, Leonard, Bank's Sandven, Sandven, Mills Organizations: Nvidia, Microsoft, U.S, Bank Asset Management, Federal, PCE, Bank of America Securities, Wall, Keeley, Advisors, FedEx, Dow, Nasdaq, Dallas Fed, Chicago, Richmond Fed, Carnival, New, Micron Technology, . Kansas City Fed Manufacturing, Nike, Walgreens Boots Alliance, McCormick, Chicago PMI Locations: . Kansas, Chicago, Michigan
Darden Restaurants CEO Rick Cardenas said there's been a small shift from fast food to casual dining. Several casual chains now offer discounted combo deals to attract diners seeking better value. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCustomers fed up with increasingly high prices at fast-food restaurants are taking action, and they may be turning to places like Chili's and Applebee's instead. Rick Cardenas, the CEO of Darden Restaurants, said as much during a quarterly earnings call on Thursday.
Persons: Rick Cardenas, there's, , Darden, Chris Steak Organizations: Darden, Service, Olive Garden, LongHorn, Business Locations: Olive
A manager who has been with the company over 20 years shared his best tip for getting promoted. "Move to some of the areas where they're growing," he told Business Insider. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Business Insider spoke with a manager who joined the company more than 20 years ago slinging hot dogs in the warehouse food court to make money for college. This story is available exclusively to Business Insider subscribers.
Persons: , Ron Vachris Organizations: Costco, Service, Business
Casual-dining chains are gaining customers who have grown frustrated with higher fast-food prices, Darden Restaurants CEO Rick Cardenas said on Thursday. Chili's rolled out an ad campaign that calls out the Big Mac and other fast-food burgers for their prices. Dine Brands CEO John Peyton told CNBC in May that Applebee's has been leaning into deals to win over fast-food diners. The overall consumer price index rose 3.3% in that period. In particular, McDonald's has faced backlash from customers, social media users and even House Republicans for its higher prices.
Persons: Rick Cardenas, Darden, hasn't, Brinker, Chili's, John Peyton, Applebee's, Cardenas, McDonald's, Joe Erlinger Organizations: Darden, Brinker International, Dine Brands, CNBC, of Labor, Republicans Locations: U.S
CNN —McDonald’s is pulling the plug on artificial intelligence ordering technology it was testing at more than 100 restaurant drive-thru systems in the US, a possible hiccup in the rapid rollout of AI in the fast food industry. The company had worked with IBM to develop and test AI-driven, voice-automated ordering at some of its restaurants. McDonald’s says this is not the end of its AI efforts. McDonald’s is not the only fast-food chain experimenting with AI. Other companies like White Castle tested out an automated drive-thru ordering system in 2021, and Wendy’s expanded its partnership with Google Cloud to roll out its own AI ordering tool in May last year.
Persons: it’s, ” McDonald’s, McDonald’s Organizations: CNN, IBM, McDonald’s, Google
Read previewWeddings are expensive, but guests are saying it's not up to them to help couples make ends meet with pricey gifts. You go to the wedding to pay for you, you cover your plate, and give them something." "If you're expecting your wedding guests to shovel out 300 plus dollars to attend your wedding, you are out of your fucking mind," Farmer said. "It's not your wedding guests' responsibility to fund your ridiculously expensive wedding." "I told everyone who traveled to my wedding that their presence was the wedding gift!"
Persons: , it's, EmpathEyes, aren't, Kat Thomas, Thomas, I've, that's, Farmer, commenter, Gen Zers, Gen Organizations: Service, Business, Newsweek
AdvertisementHow a FIRE family budgetsIn 2012, Dogen reached financial independence after 13 years in banking, predominantly in San Francisco. His wife retired in 2015 at 35 and worked part-time until they had their first kid. Other family expenses include $7,800 for three family vacations, $6,000 for entertainment, including sporting events and social functions, and $4,200 for baby items. He also said he feels safer as an Asian American in San Francisco than in many other parts of the country. He's itching to "fill that void" with part-time consulting work in the tech or startup industry, hoping to get more involved with AI companies in San Francisco.
Persons: , Sam Dogen, haven't, Dogen, Uber, should've, they're, I'm, he's, it's, Dogen didn't, didn't, you've, I've Organizations: Service, Business, FIRE, Bay Area, Uber Locations: San Francisco, American, Memphis, Houston, Bay
Read previewIt's been five years since nutrition scientist Kevin Hall made a startling discovery that changed the way we view ultra-processed foods. It was the first randomized controlled study of its kind, and it changed the way we view ultra-processed foods. Aleksandr Zubkov/Getty ImagesHe wants to understand precisely why ultra-processed foods do what they do and what—if anything—we can do to make them healthier. Ultra-processed foods attack our brainsPaul Bradbury/Getty ImagesWe've known for a long time that ultra-processed foods are associated with all kinds of bad health outcomes, from more early death, to extra strokes, and additional heart attacks. Related storiesBut whether the entire category — all packaged, ultra-processed foods are inherently bad for us by nature — is still an open question.
Persons: , Kevin Hall, Hall, Stephanie Chung, Jennifer Rymaruk, Aleksandr Zubkov, he's, we'll, Paul Bradbury Organizations: Service, National Institutes of Health, Business, Getty, Washington Post, National Institutes, NIDDK, Nestle Locations: NIDDK, Bethesda , Maryland, veggies
Prices of cocoa have more than tripled over the last year, creating a big headache for candy makers and other food companies that use the ingredient to make chocolate. The price surge has since eased off slightly, but the crop is still commanding well above what food companies are used to paying. This season's cocoa crop is expected to experience the largest deficit in at least six decades, according to a Rabobank report from May. A YouGov survey conducted in October found that 72% of U.S. respondents had noticed shrinkflation in food products. J&J Snack Foods CEO Daniel Fachner has been keeping an eye on cocoa and chocolate prices.
Persons: Ferley Ospina, Hershey, Kinder, Ferrero, they'll, Steve Rosenstock, Mondelez, shrinkflation, Daniel Fachner, Fachner, Justin Sullivan, Nik Modi, Modi, shea, Rosenstock Organizations: Bloomberg, Getty, Cadbury, Clarkston Consulting, Rabobank, Reuters, Mondelez, Consumers, Snack, CNBC, RBC Capital, Jumbo Locations: Ragonvalia, Norte de Santader, Colombia, . West Africa, Ghana, U.S, Novato , California, West
They love to customize their food, they're suckers for a menu hack, and they crave spicy dishes, restaurant executives and experts say. Menu hacks fly on social mediaGen Zers are more inclined to try out menu hacks, creating new dishes using items already available on the menu. AdvertisementAt Caribou Coffee, younger customers — Gen Alpha, Gen Zers, and younger millennials — are most likely to modify their drinks, CMO Erin Newkirk told BI. They crave spicy foodGen Zers are big fans of spicy food, executives previously told BI. In a 2022 poll by Morning Consult , US Gen Z respondents listed chicken as their second-favorite food overall, behind only pizza.
Persons: , Gen, Taylor Swift, Zers, They're, Joe Labombardo, It's, Alessandro Biascioli, Lizzy Freier, Tom Boland, he'd, Boland, Piper Sandler, Justin Sullivan, Labombardo, Gen Z, Alpha, Gen Zers, millennials, Erin Newkirk, Andy Rebhun, Kuttig, Gen Zs, pao, it's, Liang Lim, Cane's, Joe's, Z, they're, Caribou's Newkirk Organizations: Service, Business, Higher, Getty, Bojangles, Coffee, El Pollo, Morning, Piper, Foods Locations: Chipotle, Nashville
"But at places like sit-down restaurants, hair salons, barber shops or getting food delivered, tipping is customary." Just 67% of adults in Bankrate's survey say they always tip at restaurants. "So if you're not tipping in those scenarios, you're really taking money out of the server's pocket." When it comes to those who cut your hair and deliver your food, you should just about always tip, etiquette experts say. In other words, if you asked for a service and out-and-out didn't receive it, you're OK reducing or withholding a tip, etiquette pros say.
Persons: they're, Ted Rossman, Thomas Farley, Mister Manners, Farley, Elaine Swann, Diane Gottsman, Gottsman Organizations: Swann School of, CNBC, Protocol, of Texas Locations: Bankrate,
Their study found that a 10% increase in processed food consumption was linked to a higher risk of cognitive impairment. That means you can't offset the consequences of a junk food diet by popping some multivitamins or gulping a green juice afterward. We're feeding a really complicated ecosystem in the gut that helps metabolize what we eat," Kimberly said. Aim for ingredients you recognizeYou don't have to give up processed foods completely to improve your health. In the long run, it can be more helpful to make a few small swaps you can stick to than trying (and failing) to swear off processed foods forever.
Persons: , W, Taylor Kimberly, he's, Kimberly, I've, hasn't, they're Organizations: Service, Harvard Medical School, Massachusetts General Hospital, Business Locations: Massachusetts
And yes, a former president, Donald Trump, has been found guilty on felony charges. The US economy is expected to grow at double the rate of its G7 peers, according to the International Monetary Fund. Trump loved touting new Wall Street records; under Biden, the Dow hit over 40,000 for the first time. The president proposed hiking the corporate tax rate to 28%; billion-dollar companies would also face a higher corporate minimum tax. Some of the stock market and unemployment records that were set under Trump pre-COVID-19 have been surpassed by Biden.
Persons: Roe, Donald Trump, James Carville's, Biden, Joe Biden, Trump, qtN5DBOjAS — Heather Long, Jerome Powell, Powell Organizations: Service, ABC, Business, International Monetary Fund, Dow, Department of Agriculture, Auto, Federal Reserve, Union, Trump, Wall Street, NPR Locations: Russia's, Ukraine
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