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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. People are still spending money, but there's an uncomfortable awareness that years of price hikes mean each dollar doesn't go as far as it used to. "This consumer remains very cautious, specifically when you think about larger ticket discretionary purchases," he told Oppenheimer analysts Wednesday. "Why have people who are having a hard time paying their rent have to pay more for our drink?"
Persons: , they're, Joseph Lewis, Marvin Ellison, Oppenheimer, John David Rainey, Federal Reserve Banks, San Francisco Fed, Don Vultaggio Organizations: Service, Business, Bloomberg, Nike, Walgreens, Walmart, Federal Reserve, San Francisco, Philadelphia Fed, Iced Tea Locations: San Francisco, Philadelphia
AriZona Iced Tea first put its iconic 99-cent cans in stores in 1992. the brand's chairman and founder Don Vultaggio said in a recent interview with Today. And while Arizona has expanded into selling merch and alcoholic beverages, it is still focused on selling as many 99-cent cans as it can. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Don Vultaggio, Forbes, Vultaggio, doesn't Organizations: CNBC, Coke, Pepsi Locations: AriZona, , AriZona, Arizona
The iconic 23-ounce cans of Arizona Iced Tea still sell for 99 cents after 32 years. Arizona founder Don Vultaggio told Today he doesn't want to raise prices on consumers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDon Vultaggio, the cofounder and CEO of the company behind Arizona Iced Tea, still sells his product for the same price as when it launched 32 years ago — 99 cents. Arizona's signature big cans of iced tea were a quick success, and Vultaggio still runs the company to this day with the help of his sons.
Persons: Don Vultaggio, , Vultaggio Organizations: Arizona Iced, Service, Arizona, Business Locations: Arizona, New York
Stop!” two friends screamed with humorous anguish on a TikTok video as an A.I. drive-through misunderstands their order, tallying up 240, 250 and then 260 Chicken McNuggets. In other videos, the A.I. So when McDonald’s announced in a June 13 internal email, obtained by the trade publication Restaurant Business, that it was ending its partnership with IBM and shutting down its A.I. tests at more than 100 U.S. drive-throughs, customers who had interacted with the service were probably not shocked.
Persons: McDonald’s Organizations: IBM Locations: U.S
CNN —On TikTok, gooey, crunchy, loaded chocolate bars are going viral. Bursting with unusual fillings such as filo pastry, vanilla custard, or tea and biscuits, these chunky chocolate bars originate from Fix Dessert Chocolatier. It’s not just a chocolate bar, she says: “We want to create an experience.”The 38-year-old, who has been Dubai-based for nine years, launched the brand in 2021 as a side hustle. Inspired by her pregnancy cravings, the British Egyptian entrepreneur set out to create something more than the “typical” chocolate fix. The 200-gram chocolate bars, which retail for $20 each, are only available through food delivery service Deliveroo, with sales going live at 5pm daily.
Persons: , Sarah Hamouda, It’s, Maria Vehera, ingle, ike, ince, ideo, egan, hank Organizations: CNN, ust Locations: Dubai, British Egyptian, arak
I always had a passion for health and fitness, but this time, I felt even more empowered with knowledge about how to eat healthy during pregnancy. AdvertisementI focus on healthy foods that are easy to makeI make sure that I eat plenty of filling foods with a lot of flavor each day. Related storiesAlthough I'm health-conscious, I'm also tired. If I'm eating eggs, I'll combine 2-3 egg whites with one whole egg to load up on plenty of protein. Often, I eat a wrap here, too — it's just such an easy and delicious way to incorporate protein, vegetables, and whole-wheat carbs.
Persons: , Melissa Pfeister, I'm Organizations: Service, Stanford Medicine, Business
Retired lawyer Peter Antonucci lived on The World, a luxurious residential ship, for six years. AdvertisementThis as-told-to essay is based on a conversation with retired lawyer Peter Antonucci, who spent six years living on The World — a residential ship for millionaires. Peter Antonucci on an expedition during his time living on The World. Peter Antonucci holding a bottle of Champagne while on The World. Courtesy of Peter AntonucciAnd the wine — the ship has one of the greatest wine lists you'll ever see.
Persons: Peter Antonucci, Antonucci, , they'll, stein, you'd, I'd Organizations: Service, Kremlin Locations: Russia, St . Petersburg, Germany
New York CNN —A career in music isn’t in Ben Affleck’s future, but at least his go-to drink at his favorite coffee chain — Dunkin’ — is getting easier to order. The “DunKings Menu” includes Affleck’s favorite iced coffee, a drink that includes cream, a sweet cold foam topping and a dusting of cinnamon sugar. The recent Dunkin’ ad also starred Affleck’s buddy Matt Damon and former New England Patriots quarterback Tom Brady, who are also deeply associated with Boston where Dunkin’ got its start. The DunKings can “find solace in their setback with the anticipation of finally earning a spot on the Dunkin’ menu,” the chain said in the release. Dunkin' is adding the "DunKings" menu, based off Ben Affleck's favorites, for a limited time.
Persons: Ben Affleck’s, Dunkin, Affleck’s, Jennifer Lopez, Affleck, , doesn’t, Travis Scott, ” Dunkin ’, Matt Damon, Tom Brady, Dunkin ’, Lopez, Jack Harlow, Fat Joe —, ” Affleck, Ben Affleck's, CNN’s Elizabeth Wagmeister Organizations: New, New York CNN, Sunday ., CNN, New England Patriots, Boston Locations: New York
PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have weakened consumer demand for the company's snacks and drinks. Volume for Frito-Lay North America fell 2% in the final quarter of the year, and beverages North America in North America slid 6%. Volume fell 8% in the Quaker Foods North America unit, as the division dealt with a recall. Pepsi has wrestled with higher prices and how to pass those costs along, raising prices by double-digit percentages for several quarters. Its profits are up, though higher prices have dragged down sales as people trade down to cheaper brands.
Persons: Quaker Oats Organizations: PepsiCo, New, Zacks Investment Research, Wall, Frito, Lay, Pepsi, Quaker Foods, Quaker Foods North America, Global, Carrefour, Quaker, Lipton, PepsiCo Inc Locations: New York, America, North America, Europe, Asia Pacific, Australia, New Zealand, China, Quaker Foods North, France, Belgium, Spain, Italy, Purchase , New York
I prefer things to be sweet and cold, but you can use these recommendations as a baseline and adjust your order to your own preferences. Read on for my favorite things to order at Starbucks. ShutterstockAn iced caramel macchiato is currently my favorite order when I'm looking for a fancier drink — as long as the barista doesn't skimp out on the caramel drizzle (the most important part). A classic soy-milk latte is the perfect pick-me-upI'll order a soy latte hot or iced. The glazed doughnuts are the perfect companion to a cup of coffeePastries are one of my favorite things to pair with coffee.
Persons: , I've, Abigail Abesamis, James Andrews1, I'm, Mary Meisenzahl Organizations: Service, Starbucks, Business, creamer Locations: Chicago, scone, Gouda
CNN —In the spring of 2015, homemaking expert Martha Stewart was giving Justin Bieber some dating advice. Long before Kylie Jenner may or may not have become a self-made billionaire, Stewart became the first woman to actually achieve that status when the company she founded, Martha Stewart Living Omnimedia, went public in 1999. But the “Martha Stewart” brand lives on across thousands of products that reach approximately 100 million consumers each month, according to a tally from the current owner, Marquee Brands. There is no modern lifestyle brand without Stewart, who taught a generation of women how to turn themselves into a brand and grow a business. After she sold her namesake brand, Stewart has turned to social media to unlock new streams of revenue while still forging what feels like authentic connections with her millions of followers.
Persons: Martha Stewart, Justin Bieber, Stewart, Justin, Long, Kylie Jenner, Omnimedia, MSLO, Martha Stewart ”, , Michael Kupinski, , ” Kupinski, ” It’s, Gwyneth Paltrow, Jessica Alba, TikTok, ” Martha Stewart, Marc Bryan, Brown, ” Claire Saffitz, Gary Nardilla, Martha, ” Nardilla, Stewart’s, Tang ”, Martha’s, Saffitz Organizations: CNN, Comedy, Marquee Brands, Noble Financial Capital Markets, Bloomberg, Everett, CNN Studios Locations: West Virginia, Instagram, Martha’s Chard
Dry January “was the perfect eye-opener.”Now sober, Montejano has adopted several tactics to keep herself on track: talking to a therapist, journaling and drinking nonalcoholic beverages like mocktails. By comparison, a 12-ounce glass of beer contains about 5% alcohol, according to the CDC. “The nonalcoholic beverages have a lot of the cues that are associated with real alcoholic beverages,” she said. “Are you reaching those goals with nonalcoholic beverages?” she said. Ultimately, going sober can have social ramifications, so it’s important to surround yourself with people who can support you.
Persons: Corrina Montejano, Montejano, , , Ginger Hultin, nonalcoholic, Hilary Sheinbaum, Molson Coors, ” Sheinbaum, Hultin, Dr, Lara Ray, Dana Ellis Hunnes, you’re, Hunnes, Ray, they’re, Sanjay Gupta, I’ve, ’ ”, “ You’ve, Journaling, ” Montejano Organizations: CNN, US Centers for Disease Control, Heineken, Molson, US Department of, Tobacco Tax, Trade Bureau, UCLA, World Health Organization, ” WHO, UCLA Medical Center, US Food and Drug Administration, mocktails, CNN Health Locations: San Francisco, Seattle
The group of men punctured their cans — the governor’s actually appeared to be spiked iced tea, rather than beer — and drained them in unison. Mr. Moore flattened his empty, barehanded, and high-fived the others. And a video capturing the moment ricocheted, approvingly, across the online sports world. It didn’t help the Ravens, who lost to the Kansas City Chiefs in Sunday’s A.F.C. Representative Jared Goldman, Democrat of Maine, shotgunned a Bud Light at a homecoming football game at the University of Maine in October.
Persons: Moore, It’s, Jared Goldman, shotgunned, Bud, Claire McCaskill, Dan Maffei, Stephen Colbert, Mr, Maffei Organizations: Ravens, Kansas City Chiefs, Democratic, University of Maine, Twitter Locations: Sunday’s A.F.C, Maryland, Maine, Missouri, New York
The Longer This Cake Soaks, the Better It Is
  + stars: | 2023-11-29 | by ( Ligaya Mishan | ) www.nytimes.com   time to read: +3 min
Sometimes those neighbors find an unexpected connection, like a love of condensed milk: milk boiled down until it’s thick enough to cling to the spoon, with sugar added to make it last longer. Yoo first tasted the cake in elementary school in Queens, on a day students were asked to bring in a dish from their heritage. He tried different brands of Thai tea and decided that a minimalist version, with just tea, vanilla and food coloring, would be best. Yoo goes so far as to leave the cake in the refrigerator for two nights, flipping it in between. The cake is finished with whipped cream, coconut flakes toasted near gold and lime zest with its bright sting.
Persons: Yoo, , they’re, Gail Borden, Rachel Laudan, Nestlé, It’s Organizations: Shaker Locations: New Yorker, America, American, New York, Queens, Mexico, Nicaragua, England
New York CNN —Julia Galliker learned out of the blue that there was a problem with milk carton supplies. For Galliker, executive vice president of the Pennsylvania-based Galliker Dairy Company, that’s a big problem. The little milk cartons go not only to schools, but to other institutions like nursing homes and correctional facilities. “Like other milk carton producers across the industry, Pactiv Evergreen continues to face significantly higher than projected demand,” a company spokesperson said in a statement. “So there’s really not been any replacement for school milk cartons.”
Persons: Julia Galliker, there’s, Galliker, , she’s, “ There’s, “ It’s, ” Galliker, , aren’t, , Matt Herrick, it’s, ” Seth Teply Organizations: New, New York CNN, Galliker Dairy Company, Department, Agriculture, Nutrition Service, Department of Agriculture, Food and Drug Administration, CNN, Industry, International Dairy Foods Association, USDA, Springville, Griffith Institute Central School District, Tetra Pak, Tetra, , American Dairy Association North Locations: New York, Pennsylvania, United States, Springville , New York, Everett , Washington, Tetra, Canada
Woodyard had pleaded not guilty to charges of reckless manslaughter and criminally negligent homicide in connection with McClain’s death. The officer remains suspended from the department without pay, pending the outcome of the trial. Prosecutors initially declined to bring charges against the officers and paramedics involved in McClain’s death, but the case received renewed scrutiny following the nationwide Black Lives Matter protests in the spring of 2020. Jared Polis appointed a special prosecutor to reexamine the case, and in 2021 a grand jury indicted Woodyard, two other officers and two paramedics in McClain’s death. Two paramedics who treated McClain, Jeremy Cooper and Peter Cichuniec, are set to go on trial in the coming weeks.
Persons: Nathan Woodyard, Elijah McClain, Woodyard, McClain, Philip Weiser, Weiser, Sheneen McClain, , ” “, she’s, , I’ve, ” Sheneen McClain, MiDian Holmes, Prosecutors, Jared Polis, Woodyard’s, Roger Mitchell Jr, David Beuther, Randy Roedema, Jason Rosenblatt, Roedema, Rosenblatt, Jeremy Cooper, Peter Cichuniec Organizations: CNN, Aurora, Colorado, Colorado Gov, Prosecutors Locations: Colorado, Aurora
Shopping cart in a department of a Carrefour supermarket, in front of pastas and sauces. French grocery chain Carrefour has taken the unusual step of adding labels to its products that have recently shrunk in size but have ramped up in price. The move — both in stores and on its website — looks to pile pressure on its suppliers that have increased prices for the chain, despite raw material prices having recently eased. Carrefour added the "shrinkflation" warning stickers to a range of products, from Lipton Iced Tea and Pepsi , to boxes of Lindt chocolates and baby milk powder. Carrefour did not immediately respond to a CNBC request for comment.
Organizations: Carrefour, Lipton, Tea, Pepsi, Reuters, CNBC
There's nothing close to a buck on the value menu, according to menus observed by Insider across the US. While sitting in line for a McDonald's drive-thru, Anne Arroyo, a TikToker who goes by @anna2morrow, zoomed in on the fast food chain's Dollar Menu. AdvertisementAdvertisement"McDonald's has a dollar menu right now without a single item that costs $1," she said in the video said in a video she posted. Several commenters wrote about how McDonald's dollar menu pricing was different across the country. A commenter who said they were from Florida wrote that their McDonald's dollar menu drinks cost $2.79.
Persons: McDonald's, Anne Arroyo, Arroyo, Nancy Luna, Chipotle Organizations: Service, Consumer Locations: Wall, Silicon, Niles , Ohio, McDonald's, Florida, Southern California, Orange , California
Crispy Rice, Spicy Tuna, Easy Dinner
  + stars: | 2023-08-16 | by ( Mia Leimkuhler | ) www.nytimes.com   time to read: +2 min
Speaking of smashing things (and having rough days) — here’s Hetty Lui McKinnon’s recipe for crispy potato tacos. Also comforting — in that it’s built on a pantry staple and comes together in a half-hour — is Kay Chun’s linguine and clams with fresh red sauce. It’s the base for all sorts of easy desserts and beverages, like blueberry cream Popsicles and no-churn olive oil ice cream, Brazilian lemonade and Thai iced tea. And if I’ve sold you on the virtues of a rice cooker, here’s Wirecutter’s guide to the best rice cookers out there. My Zojirushi model has been going strong for over a decade; it sings “Twinkle, Twinkle Little Star” when it’s done doing its thing.
Persons: , Hetty Lui McKinnon’s, Kay Chun’s, Dee, they’ll, Melissa, I’ve, it’s Organizations: New York Times
After setting the internet abuzz last week, Dunkin’ will officially announce Monday the debut of Dunkin’ Spiked Iced Coffees and Iced Teas, which are both scheduled to roll out in the coming weeks. The two malt-based beverages, scheduled for an early September release, will feature eight flavors between them, all based on the chain’s iced coffee and tea flavors. Last year, Pabst Blue Ribbon axed their hard coffee flavor drink because of poor sales. The slightly sweet ice tea flavor is being sold in a six-pack of 12-ounce cans and a single 19.2-ounce cans. Dunkin' Spiked iced tea is coming out in late August.
Persons: New York CNN —, Dunkin ’, Dunkin, RTDs, ” Duane Stanford, , Samuel Adams, Dave Williams, Bump, ” Dunkin, Scott Murphy, ” Stanford, , Bravo’s, Brian Gilbert Organizations: New, New York CNN, Beverage Digest, CNN, Boston Beer Company, Bump Williams Consulting, Pabst, Ribbon, Molson Coors, La, Dunkin Locations: New York, Kahlua, Florida , Massachusetts, Texas, England
Cold drinks tend to cost more, but they can also cause headaches for staff. Cold drinks account for 75% of Starbucks' beverage sales. "The team is making good progress with its efforts to become a bigger player in the high-growth cold beverage category and saw cold beverage sales grow 16.6% year-over-year," Restaurant Brands International CEO Josh Kobza said. Tim Hortons' cold drinks menu looks remarkably like Starbucks' – especially in the US. Cold drinks can potentially reap higher profits for coffee chains because they tend to cost more and some customers opt for costly modifications.
Persons: Tim Hortons, Laxman Narasimhan, Josh Kobza, Kobza, Tim Hortons execs, Howard Schultz, Brady Brewer, Brewer, Baristas Organizations: Starbucks, Service, Brands Locations: Wall, Silicon, Canada, Maryland, Nebraska
Heather Klein was in her cabin at Camp Nah-Jee-Wah, nursing her first iced tea of the morning, when a photograph arrived on her phone and she drew a deep, sudden breath. Ms. Klein, the mental-health coordinator for a network of sleep-away camps, has a morning routine: responding to queries from anxious parents, who have looked at the photographs posted online the night before. A teenage camper had switched from high-tops to Crocs to go to the beach, which allowed her counselor to see a row of cuts the girl had made with a razor. Ms. Klein pulled up the girl’s medical forms, which noted that she had been in therapy for anxiety and depression but made no mention of self-harm. “She’s going to have to go home.”
Persons: Heather Klein, Klein, “ She’s,
What started the spiked beverage trend? Spiked beverages have been around for a while. For decades, it was “generally frowned upon” for non-alcoholic beverage brands to enter the alcoholic beverage market, Stanford said. Hard seltzer, meanwhile, had $3.8 billion in sales over the past 12 months, a 14% decline compared to last year. The nostalgia generationEvery year, the alcoholic beverage industry gets a new class of (legal) drinkers to sell to.
Persons: It’s, Casey Brooke Lawson, , Duane Stanford, Stanford, Jamie Wideman, Caleb Bryant, seltzer, Seltzer, Timothy A, Clary, Dan White, , Bryant, Adam Rogers, Coke, Jack Daniel’s Tennessee, Brown, Forman, Absolut, Nielsen, Hard seltzer, who've, Ilene Bergenfeld, SunnyD Organizations: New, New York CNN, MTN, Beverage Digest, Brands, , Molson Coors, CNN, Coca, Getty, Coors, Jack Daniel’s Tennessee Whiskey, Delight, Harvest Hill Beverage Company Locations: New York, Fresca, AriZona, Mintel, United States, AFP, Topo Chico
Best Gifts for the Tea Lovers in Your Life
  + stars: | 2023-07-29 | by ( Sarah Rose | ) www.wsj.com   time to read: +8 min
For masterful measuringOMABETA Portable Kitchen Tea Scale $16 at AmazonAs with baking, you will get best results when measuring tea leaves by weight rather than the spoonful. “Some teas are tightly rolled while others are fluffy and light,” explains Ben Marcus-Willers, of Red Blossom Tea Company, a San Francisco-based tea company that sells to consumers as well as Michelin three-star chefs. Desains suggests a porcelain tea pot clad in stainless steel to keep a quality tea warm for hours. Alternately, make a tea concentrate by doubling the amount of tea leaves in hot tea, then pouring it over ice. Tea will always taste best fresh and warm, and its taste will change—“often for the worse,” Kroesen notes—as it cools.
Persons: Sarah Rose, , , Abigail St, Clair, St, Maria Uspenski, Ben Marcus, Willers, Steve Schwartz, Ottilie Cunningham, Fortnum, Mason, Alex Monroe, Franck Desains, Joshua Kaiser, Milwaukee’s Rishi, , Cindy Sherman, Madame de Pompadour, French King Louis XV, Heidi Johannsen Stewart, Van, Brandon Friedman, Obama, ” Friedman, “ Matcha, Catherine Jue, Tekuno, Emeric Harney, Harney, Ravi Kroesen, Smith, Orla Kiely, Jessie Dean Organizations: Amazon, Tea Bella Tea Company, Red, Red Blossom Tea, Michelin, Blossom, Art, Mariages Freres, Desains, MET, Bellocq, Metropolitan Museum of, 187th, Tea, Asheville Tea Company Locations: China, Tampa , Fla, Clair, Darjeeling, it’s, Boulder, Colo, Red Blossom, San Francisco, chai In India, Los Angeles, Paris, Brooklyn, U.S, Iraq, Afghanistan, Dallas, New York, Portland ,, North Carolina
Did the world need Arizona Iced Tea-branded Adidas sneakers marketed for 99 cents? Did they attract so many potential buyers that the New York Police Department had to shut the sale down at the pop-up store selling them? The “Barbie” marketing team absolutely understands this, and the absurd brand-collaboration drops have spread with the speed of the 1854 cholera outbreak in London. There’s a real-world Barbie dream house on Airbnb, Barbie Krispy Kreme doughnuts, Barbie rugs and a Barbie Xbox. Surprisingly, there is no Barbie Pepto Bismol, which seems like a natural fit in terms of existing I.P.
Persons: Robert Oppenheimer, Taylor Swift, Barbie, There’s, Oppenheimer, Barbie ”, “ Oppenheimer, launders Organizations: “ Raiders, Adidas, New York Police Department Locations: Arizona, London
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