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“The spicy trend is here to stay,” Sally Lyons Wyatt, packaged goods and foodservice industry advisor with market research firm Circana, said in an interview with CNN. Spicy plus sweet give you “Swicy.” And yes, brands are trying to make it a thing as they look for ways to stretch out the spicy trend. Starbucks in the spring also introduced limited-time hot honey drinks, made with wildflower honey infused with chili peppers, such as Hot Honey Affogato and Hot Honey Espresso Martini to the menu at its Starbucks Reserve roasteries and select US stores. Nestle has also trotted out recent spicy innovations such as California Pizza Kitchen’s hot honey croissant crust pizza, Stouffer’s spicy nacho mac and Hot Pockets x Hot Ones. “Americans have made cult-favorites out of condiments like Sriracha and hot honey.
Persons: ” Sally Lyons Wyatt, ” Lyons Wyatt, Millennials, Gen Z, Gen Alpha, ” Lyons, Gen, Martini, , Lyons Wyatt, Jennifer Creevy, WGSN, Jeff Gritchen, Alpha, Creevy, , ” Creevy, Mustafa Shamseldin, “ We’ve, Nestle, Primo, nacho, Varchasvi Singh, ” Singh Organizations: New, New York CNN, Walmart, Target, CNN, Starbucks, Disney California, MediaNews, Orange, Register, USA Pepsico, Foods, Pepsico, ” Nestle, Nestle, Tombstone, Mintel Locations: New York, America, Sonoma, Anaheim , California, Korea, , Tombstone, USA, North America, California
CNN —The next time former President Donald Trump holds a campaign rally will be his first as a convicted felon. The 34-count guilty verdict reached Thursday by a Manhattan jury – the first criminal conviction of a former president – landed like a bomb on the American political landscape. Trump’s campaign had long braced for this outcome, readying their candidate and his supporters for an unfavorable conclusion by casting the case as a political spectacle. But now that a verdict has arrived, uncertainty lurks behind every decision. Trump and his lawyer, Todd Blanche, have indicated they will appeal, a process that could outlast the campaign itself.
Persons: Donald Trump, , Joe Biden, Trump, Juan Merchan, Michael Cohen, ” Trump, Biden, Todd Blanche, Merchan, Ron DeSantis, Nikki Haley, , Jim Jordan, Attorney Alvin Bragg, Matthew Colangelo, Marco Rubio, JD Vance, Ohio –, Vance, , subpoenaing Merchan, ” Vance, Larry Hogan, Chris LaCivita, ” LaCivita, ” CNN’s Kristen Holmes Organizations: CNN, Trump Tower, Trump, Republican, White, Florida Gov, South Carolina Gov, Libertarian, Ohio, Attorney, Fox News, Democratic, Republican Senate, College Republicans, Committee Locations: Manhattan, York, Bedminster , New Jersey, Coast, California, Nevada, Milwaukee, New York, Trump’s, Georgia, Throughout Washington, Marco Rubio of Florida, Maryland
There's a long standing debate about whether people should take their kids to a bar or if they should leave them at home. Pre-kids, I believed kids should stay homeI used to be in the camp that kids should stay home and that bars should just be for adults. Elliott Harrell didn't understand why parents brought their kids to happy hour until she had her own kids. Courtesy Elliott HarrellI try to pick spots where my kids will disrupt patrons the leastEven though I support parents taking kids to bars, I do think that parents should consider which spots will be better for kids. Taking our kids to happy hour is a way for us to get a change of scenery and be social without having the struggle of finding a babysitter.
Persons: we've, , There's, they'll, aren't, They're, doesn't, Elliott Harrell, I'm Organizations: Service, Business Locations: margarita
Elliott, the $65 billion hedge fund best known for its shareholder activism , has made a $2.5 billion investment in Texas Instruments and is urging the company to improve its free cash flow by adapting a less rigid plan for capital expenditures. Shares of TI jumped about 3% on the news before paring back the gains in morning trading. Elliott believes Texas Instrument's rigid adherence to a capital expenditure plan put in place in 2022 has eviscerated shareholder returns by greatly reducing a metric by which TI has always asked to be judged– free cash flow. Its stock price, Elliott insists, has suffered as a result, trailing its peer group by substantial margins over the last two, four, six and ten year periods. That allocation of capital will result in the addition of capacity allowing for the company to almost double current annual revenues to $30 billion.
Persons: Elliott, paring, Jesse Cohn, Jason Genrich Organizations: Texas, CNBC, TI, Elliott, YouTube Locations: Texas, Western
Read previewChevrolet is just getting started on its takeover of the electric car market, says Steve Majoros, the brand's chief marketing officer. It's not exactly a great time to put more electric vehicles on sale. But the tides finally are turning in Chevrolet's favor, Majoros said, as EV shoppers gravitate to more practical options and legacy brands. Recent studies on a new cohort of electric car shoppers show that they are more inclined to consider purchasing an electric car from a legacy brand. After years of a virtual monopoly on the EV market, shoppers are growing tired of Tesla and looking for fresher options.
Persons: , Steve Majoros, Majoros, musing, Elon Musk, Elon Musk's Tesla, Tesla, We've Organizations: Service, longtime, Business, Silverado, Tesla, Chevrolet, Elon, EV, Detroit, GM Locations: Chevrolet's
The PEG ratio, as referenced in the question, takes the price-to-earnings ratio and divides it by a company's projected long-term earnings growth rate. As a general rule, a PEG ratio of 1 or lower indicates you're getting future growth at a good value. That's what the PEG ratio attempts to capture. Keep in mind that we also collect a dividend to compensate us for any lack of earnings growth. These factors outweigh the PEG ratio in our view and are our primary focus right now when it comes to valuing Abbott.
Persons: Jim Cramer, Marcia, Abbott, It's, that's, Eaton, That's, Jim Organizations: Abbott Labs, NEC, Abbott, CNBC Locations: Eaton, Washington, Cramer's
When a company performs well and I interview its CEO on CNBC, I consider the stock's performance before fashioning my questions. Maybe the company had been poorly run and the guest is a new CEO who is turning it around. Once Wood picks a stock, that company can do no wrong, which is code for she can do no wrong. And take it from me, an old Mexican restaurant veteran, it travels better than any other restaurant chain. We should have just bought Dutch Bros. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)
Persons: Albert Manifold, Rather, That's, Chris Gibson, Jensen Huang, Huang, Gibson, Cathie Wood, Wood, that's, Brinker, Chipotle, Chipotle execs, Taco Bell, isn't, Yum, McDonald's, Laxman Narasimhan, Howard Schultz, let's, Narasimhan, Joe, Locker, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: CNBC, Pharmaceuticals, Nvidia, ARK, Gallup, Darden, Diageo, Brands, KFC, Taco, Taco Bell, Texas, Starbucks, Management, Bros, Dutch Bros, Jim Cramer's Charitable, Starbucks Corp, Health, Education, Labor, Bloomberg, Getty Locations: United States, U.S, Dublin, Ireland, Europe, Texas, Olive, East, Israel, Washington , DC
While making breakfast in my kitchen this week, I heard the sound of someone cleaning a window which instantly reminded me of a scene from the movie, "Coraline." Even when we aren't looking for it, nostalgia finds us. Nostalgia is "a wistful or excessively sentimental yearning for return to or of some past period or irrecoverable condition," according to Merriam-Webster. It's a "mixed emotional experience, so when we're nostalgic, we may experience a sense of loss and longing. We talked to Abeyta, who studies nostalgia, to get to the bottom of why the emotion is so desirable and if it's actually good for us.
Persons: Webster, It's, Andrew Abeyta, Abeyta, it's Organizations: Merriam, Rutgers University Locations: Camden , N.J
Lucid Group reported first-quarter revenue above analysts' estimates on Monday as price cuts helped the company deliver more luxury electric sedans in the first three months of 2024. Revenue for the first quarter was $172.7 million, compared with analysts' estimate of $156.99 million, according to LSEG data. Lucid posted a net loss of $684.76 million, narrower than a $779.5 million loss a year earlier. It ended the first quarter with cash and cash equivalents of $2.17 billion, compared with $1.37 billion in the fourth quarter of last year. The company said it expects capital expenditure of $1.5 billion this year, compared with $910.6 million in 2023.
Persons: Lucid, Elon Musk, Tesla Organizations: Lucid, Air, Revenue, Saudi Arabia's Public Investment Fund Locations: Newark , California
But being in a relationship with a celebrity isn't all it's hyped up to be in the movies. "It's not the people in the relationship," Anderson said. AdvertisementThis persistent surveillance can be exhausting and strain a relationship, Anderson said. To work, these relationships need time out of the spotlightEven though the odds might seem stacked against a celebrity and civilian couple, these relationships aren't necessarily doomed. AdvertisementIn a public setting, Anderson said that the normal person has to accept that they'll be sidelined by their famous partner.
Persons: , Anna Scott, William Thacker, I'm, Julia Roberts, Hugh Grant, Tad Hamilton, Solène, Anne Hathaway, Hayes Campbell, Nicholas Galitzine, Robinne, Harry Styles, Matt Damon, Luciana Barroso, Taylor Lautner's, Tay, Edward, Jon Stewart, Tracey McShane, they're, Alisha Wetherill, Clay Cockrell, who's, — Cockrell, we've, Liza Anderson, Anderson, Taylor Swift, Travis Kelce, Jennifer Lopez, Ben Affleck, Cockrell, Danny Moder, Patrick Dempsey, Jillian Fink, Keanu Reeves, Alexandra Grant, He's, Reeves, he's, It's, they'll Organizations: Service, Disney, Business, Coachella, Anderson Group Public Relations Locations: Notting, Miami, Hollywood, LA, New York
“I noticed all my memories were really gambling related,” Malek explains to CNN Sport. So right where the AGA and the National Council for Problem Gambling is located – the nation’s capital – they abolished all public funds for problem gambling,” adds Whyte. Ramon Zelaya, the moderator of Reddit’s problem gambling forum, concurs. “I think the pace of innovation right now, particularly as it relates to fan engagement and betting, and in play betting and live betting will continue to increase,” said Maloney. Reportedly there were two specific games in which DraftKings Sportsbook flagged prop bets involving Porter in its daily betting insights.
Persons: CNN —, Saul Malek, he’d, , ” Malek, I’d, Malek, , Michael Reaves, Getty, Dominick Reuter, Joe Maloney, ” Maloney, ” Keith Whyte, Maloney, “ We’re, Al Bello, Whyte, “ We’ve, LeBron James ’, DraftKings, you’re, Greg Olsen, Jared C, Tilton, Adam Silver, Silver, Ramon Zelaya, ” Zelaya, “ I’ve, Sportradar, expained, Candice Ward, Reuters Maloney, Jontay Porter, Porter, “ It’s, Brian Sevald Organizations: CNN, CNN Sport, Gamblers Anonymous, Saturday’s Kentucky Derby, Kentucky Derby, Supreme, District of Columbia, Super, American Gaming, Monmouth, Getty, , Republicans, National Council, Belmont Park, ESPN, NCAA, NFL, NASCAR Hall of Fame, NBA, Reuters, Sporting, Toronto Raptors Locations: Saturday’s, Churchill, Nevada, Monmouth, Oceanport , New Jersey, AFP, America, New York, Belmont, District, , North Carolina
The fall of Gucci was inevitable
  + stars: | 2024-05-03 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +13 min
"We got used to hearing about double-digit growth at Gucci," Fflur Roberts, the head of luxury goods at Euromonitor, told Business Insider. "I think of what a fashion editor is wearing — it's not Gucci," Lindsey Solomon, a fashion publicist, told BI. After taking the top spot on the Lyst Index of fashion's hottest brands in 2022, Gucci dropped to number 11 last quarter. "We still believe the Gucci brand's current growth rate, which is 10 times higher than that of the industry, represents a risk going forward," Morningstar's Sokolova wrote in a 2017 note. Gucci relied heavily on China for its growth, but stores — perhaps including this one in China's Hainan Province — have struggled recently.
Persons: Alessandro Michele's, loafers, Gigi Hadid, Sienna Miller, Steve Madden, ASOS, Sally Singer, Michele, Fflur Roberts, Alessandro Michele, Harry Styles, Billie Eilish, Jared Leto, Kevin Mazur, Bauer, Griffin, Jeff Kravitz, Gucci, Sabato De Sarno, Lindsey Solomon, De Sarno, François, Henri Pinault, China —, Jelena Sokolova, Solomon, Daniele Venturelli, Michele —, Sokolova, It's, Thomas Chauvet, Morningstar's Sokolova, Michele's Gucci, wasn't, Jeremy Moeller, Chauvet, Roberts, Chanel, Gucci's, Gucci hadn't, Hermès, Birkin, Louis Vuitton's Neverfull, Pinault, Louis, Euromonitor's Roberts Organizations: Creative, Gucci, The Recording Academy, Axelle, Morningstar, BI, Citi, Disney, Getty, Revenue, China News Service, Bain, Louis Vuitton Locations: Euromonitor, China, The Asia, Pacific, China's Hainan Province, Asia
People are surprised to learn that Mari Murdock, 36, is a professional game master, a role in which she organizes and narrates tabletop roleplaying games like Dungeons & Dragons. Dungeons & Dragons is an open-ended tabletop game in which the narrative is shaped by the players' choices, whether that's through combat, puzzles or negotiation. But as Murdock played tabletop games through the 2010s, she grew more confident in the skills it takes to run a good game. The timing was fortuitous, as tabletop gaming became more popular during the pandemic. For Murdock, gaming allows you to immerse yourself in "a pretend situation where you are imagining that you are someone else.
Persons: Mari Murdock, Graham Merwin, Murdock, — it's, Scott, Murdock's, Mari, she'd, Dax Levine, , Levine, Max, we've, it's Organizations: CNBC, Westminster University, Brigham Young University, Hawaii, BYU, Dragons, Guinness World Records, &, PayPal, Hulu, Spotify, Amazon Prime, Max Insurance, Relief Society Locations: Utah, Salt Lake City, Michigan, Hawaii, Japan, Scott, Provo , Utah
"While there is no official threshold, centimillionaires or individuals with a total net worth of over $100 million, is a good benchmark as entry into the 0.001% club," said Kevin Teng, CEO of WRISE Wealth Management Singapore, a wealth enterprise for ultra-high net worth individuals. Family offices as investment vehiclesIndividuals of such wealth generally have their money managed by single family offices, which handle everything including their inheritance, household bills, credit cards, immediate family expenses, etc., said Andrew Amoils, an analyst at global wealth intelligence firm New World Wealth. "These family offices often have foundation arms for charities and venture capital arms that invest in high growth startups," said Amoils. The number of family offices in the world has tripled since 2019, topping 4,500 worldwide last year with an estimated $6 trillion in assets under management combined. Ultra high net worth individuals also explore potentially buying stakes in professional sports teams, said Dandrew's Buscemi.
Persons: Yana Iskayeva, Kevin Teng, Salvatore Buscemi, Teng, Buscemi, Michael Sonnenfeldt, , Andrew Amoils, Dandrew's Buscemi, Jerry Jones, Jayne Kamin Organizations: WRISE Wealth Management Singapore, Bay Area, NFL, Dandrew, CNBC, Dandrew Partners, Tiger, Dallas Cowboys, Getty Locations: centimillionaires, New York City, Bay, Los Angeles, London, Beijing, WRISE, United States, Oxnard , California
After traveling solo to all 50 US states, I've found some great places to relax and unwind. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOver the past decade, I've traveled to all 50 US states and spent time in tons of major cities and small towns. I've also driven solo across the country several times, stopping in some of the most unique and beautiful places the United States has to offer. This story is available exclusively to Business Insider subscribers.
Persons: I've, , I'm Organizations: Service, Business Locations: California , Oregon, Maine, Taos , New Mexico, Homer , Alaska, United States
Lessons From a 20-Person Polycule
  + stars: | 2024-04-15 | by ( Interviews Daniel Bergner | ) www.nytimes.com   time to read: +17 min
Relationships With More Than One PersonKatie I started by dating somebody on an ENM app who was in a different polycule who was connected to someone in this polycule. He’s married, and his wife and I are metamours, which is simply a word for my partner’s partner. Resources always help, books like “The Ethical Slut” and “Polysecure.” But undoing the monogamous script, the socialization, is really, really difficult. One of their husbands is one of my best friends and occasional sexual partner, and I do have sex with my wives, but we’re not romantically involved. It’s, I’m doing these things, I’m going to be gone for these two weeks, what do you need from me?
Persons: it’s, Katie, Ann It’s, Ashley, Nico, we’re, Katie It’s, Alex, Chris, Bine, He’s, I’d, Nico I, nonmonogamy, aren’t, Ann I’m, I’ve, forevermore, bro, We’d, Robert, Ann’s, I’m, Ann, Let’s, , Katie There’s, Fred, Robert We, , I’ll, She’ll, Ann I, They’re, They’ve, Katie Last, We’re, It’s, they’re, Daniel Bergner, ” Anne Vetter Organizations: Resources, Partners Locations: Boston, Cambridge, Ann, Somerville, Los Angeles
In his newest role, Goggins is a lot more than "That Guy." It's the kind of role Goggins excels at playing: a complex character who makes the audience question if they can — or should — root for him. "I didn't pick this lane; I think this lane picked me," Goggins told Business Insider when asked if he seeks out morally ambiguous roles. On showing up to LA with only $300 and almost getting fired from 'The Shield'(L-R) Walton Goggins and Robert Duvall in "The Apostle." And I love to see other people's work; I'm not threatened by that at all.
Persons: Walton Goggins, Guy, Robert Duvall's, Goggins, Shane Vendrell, Danny McBride, Quentin Tarantino, Django, he's, who's, Danny McBride's, Steven Spielberg, Quentin Tarantino's, Robert Duvall, I've, Duvall, Shawn Ryan, Spielberg, Tarantino's, Billy Freeman, Ryan Green, Jody Hill, David Gordon Green, David, It's, Shane, Jason Sudeikis, Jason, I'm, Steven Spielberg's, Steven, Quentin Organizations: FX, Business, Walton, HBO, Weinstein Locations: Hollywood, Beverly Hills, LA, Beverly, Georgia, Los Angeles, HBO's
Read previewLike any other beauty trend, manicure styles come in and out of fashion. But in 2024, nail looks are getting much simpler as people gravitate toward "no-manicure" manicures. AdvertisementFor some, this means wearing no polish on well-buffed nails, while others are swapping their long acrylics for a shorter style nail with muted polish. 'No-manicure' manicures can save people time and moneyThe trend also coincides with high inflation rates and skyrocketing costs of living. AdvertisementIt's much easier to create the "no-manicure" manicure than to apply acrylics or gel extensions at home, which makes the trend even more appealing.
Persons: , Brooke DeVard, Edebiri, Elyse Jankowski, DeVard, Billie Eilish, Emma Stone, manicurists, Oscar, Rodin Eckenroth, it's Organizations: Service, Business, Getty
Over the past decade, I've traveled solo to all 50 US states and most major US national parks. Although I've found beauty in every state, there are some that I want to visit over and over again. AdvertisementOver the past decade, I've successfully visited all 50 US states solo. I've even made it to most of the major US national parks along the way. Although most international travelers gravitate toward states like Florida and New York, I've found fantastic beauty and history in every state.
Persons: I've, , I'm, I'd Organizations: Service Locations: New Mexico , Montana , New Hampshire, Arizona, Florida, New York
Tesla can't outrun the EV slowdown
  + stars: | 2024-04-02 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +3 min
AdvertisementElectric-vehicle leader Tesla is finally starting to feel the pinch of a slowdown in EV sales that is already rocking the rest of the industry. This rough quarter is the first sign that the EV leader is not immune to a slowdown in electric vehicle sales that has dogged its competitors since the latter half of 2023. Related storiesSo far, Tesla has largely been able to keep up with a changing demographic of electric vehicle shoppers by flexing its hefty profit margins to lower prices. Is Tesla ready for the next wave of EV buyers? For the newest electric car shoppers in the market, simply lowering prices may not be enough to win them over.
Persons: , Tesla, Elon, Deutsche Bank's Emmanuel Rosner Organizations: EV, Service, Boston Consulting Group, Deutsche
Morgan Owen was married to her ex-husband when she walked into the gym one day and saw Axe. My ex-husband and I were married for a while, and for a number of years, I still couldn't pin down my unhappiness. It really wasn't until I was 29 that I started to become more and more sure of myself. AdvertisementMorgan and Axe knew they wanted to be together not long after they started dating. But then, just half an hour later, Axe asked if they could see me.
Persons: Morgan Owen, , Axel, It's Morgan, I'd, Morgan, Axe, Ashleigh Haase, We've, There's Organizations: Service, Pacific Locations: Melbourne, Australia, Hawthorn
Amiwala, who grew up and attended school in Skokie, thought a local school board might be a better fit for her interests and experience after losing her first race. "It made me more determined to get involved in politics as a form of activism," Amiwala tells CNBC Make It. She won her second term on the school board in April 2023, a position she will hold until 2027. CNBC Make It: How do you balance your board of education work with your job at Google and attending business school? CNBC Make It: Have you had any unique experiences as one of the first Gen Z elected officials in the U.S.?
Persons: Bushra Amiwala, Amiwala, she's, hasn't, I've, that's Organizations: Skokie School, of Education, Muslim, U.S, House, DePaul University, CNBC, Assembly, Google, Northwestern's Kellogg School of Management Locations: U.S, Skokie, Skokie , Illinois, Cook County, Chicago, Illinois
The shaved ice features unique textures, temperatures, and toppings. AdvertisementA few other customers ordered just before I did, so I patiently waited for my shaved ice to be prepared. But then, I started to taste the thinly shaved ice with the sweet red beans, fresh cream, and milk syrup. I would definitely come back againI have eaten my fair share of shaved ice around the world. In addition to kakigōri in Japan, I'm a fan of bingsu (milk-based Korean shaved ice) in Korea and ice kachang (shaved ice with mixed toppings) in Singapore.
Persons: , Azuki, Miho Horio, Horio, Kouri, Tammy Kwan Azuki, Miho's, Tammy Kwan, would've, I'm Organizations: Service, Business Locations: Tokyo, Niseko, Yoyogi, Shibuya, Japan, Kouri, Korea, Singapore
Dan Buettner is the longevity expert who coined the term "blue zones," to describe communities with the longest-living residents in the world. But what does Buettner himself eat after a lifetime of learning about longevity? "I've spent 20 years studying the longest-lived people, and I know what they do as populations to live a long time," he tells CNBC Make It. Having beans for breakfast and dinnerFrom his research, Buettner has learned that people who eat a cup of beans a day tend to live about four years longer than those who don't. "I start my day with Sardinian minestrone, which has three kinds of beans and about five kinds of vegetables."
Persons: Dan Buettner, Buettner, I've Organizations: CNBC Locations: Miami, Florida, Sardinian, Indian
Companies that Wall Street analysts disagree about tend to outperform over time. Here are 30 stocks that analysts are split about right now, according to UBS. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Groupthink is prevalent everywhere, including on Wall Street. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Companies, Wall, UBS, NEW, Service, Business
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