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☆ Families of Hostages Gather in New York to Pressure the United Nations
▼ + stars: | 2023-10-24 | by ( Claire Fahy | More About Claire Fahy | ) www.nytimes.com time to read: +2 min

In Dag Hammarskjöld Plaza, just steps away from the United Nations headquarters, pro-Israel demonstrators on Tuesday laid out some 200 pairs of shoes — one for each person held hostage by Hamas. “We’re not satisfied knowing that it’s been 17 days and nothing seems to be moving,” said Orna Neutra, whose son, Omer Neutra, is being held in Gaza. Everyone needs to speak up.”Ronen Neutra, Omer’s father, said his family had no idea where Omer was or what condition he might be in. Omer was serving as a soldier in the Israeli military on the border with Gaza when he was abducted, but he grew up in New York. “The world is very divided, but I’m not an expert on that,” Ms. Zeitchik said.

Persons: “ We’re, it’s, ”, Orna Neutra, Omer Neutra, ” Ronen Neutra, Omer’s, Omer, “, ” Mr, Neutra, Alana Zeitchik, Kibbutz Nir Oz, Zeitchik’s, Sharon Cunio, David Cunio, Emma, Julia, Danielle Alony, Amelia, I’m, Ms, Zeitchik Organizations: Dag Hammarskjöld Plaza, United Nations, Israel Locations: Dag Hammarskjöld, Israel, Gaza, New York

☆ Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street. Ironically, Panera Bread is mulling an IPO, but Shaich, who is no longer involved with the chain, directs his advice toward founders. Even as Au Bon Pain bought St. Louis Bread Company, renamed it Panera Bread and then shed Au Bon Pain to focus on Panera's growth, Shaich's company was publicly traded. "The reality is for 90% of the CEOs that take a company public, they live to regret it," Shaich told CNBC. "Cava is a company that will succeed as a public company.

Persons: Ron Shaich, Shaich, Cookie, Bon Pain, Louis, Cava, Brett Schulman, Sweetgreen hasn't, Panera, Danny Meyer's Organizations: III Holdings, Louis Bread Company, CNBC, Wall Street Locations: Cava

☆ McDonald's tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich's book
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

McDonald's tried to buy PaneraMcDonald's expressed interest in buying Panera in the early 2000s, Shaich writes. More than a decade after meeting with McDonald's, Shaich started seriously considering selling Panera as he prepared to step down from the business. Shaich writes in the book that he never really left, staying active as executive chair of the company, before he rejoined as a co-CEO in 2012. Shaich writes that he knew at the time that he would retire, but he hadn't yet announced it. Shaich writes that Panera received a patent to use video to review the accuracy of sandwich orders.

Persons: Ron Shaich, Scott Mlyn, Shaich, Louis, Panera, that's, McDonald's, Bill Moreton, wasn't, Donatos, Howard Schultz, David Ryder, Schultz, Au Bon, Steve Ells, Jerry Cleveland, Obama, hadn't Organizations: CNBC, Clark University, Louis Bread Company, Grill, Boston, Starbucks, Reuters Starbucks, Denver Post, Getty, Obama Locations: Boston, Seattle, Panera, India, aren't

☆ Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations as consumers shook off higher prices for its namesake soda, Simply juice and other drinks. Excluding transactions gains, restructuring costs and other items, the beverage giant earned 74 cents per share. Coke's unit case volume, which unlike its net revenue excludes pricing and currency, grew 2% in the quarter despite its higher prices. All of Coke's drink divisions reported volume growth. The company said it will share the rest of its 2024 outlook when it reports fourth-quarter earnings early next year.

Persons: Coke Organizations: LSEG, PepsiCo, Pepsi Locations: U.S, Europe, North America

☆ Procter & Gamble tops earnings, revenue estimates even as higher prices drive some consumers away
▼ + stars: | 2023-10-18 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped analysts' expectations, despite volume falling for the sixth consecutive quarter. The company's organic revenue increased 7% in the quarter, helped by higher prices for P&G's products. But the company's volume shrank 1%. The company now projects revenue growth of 2% to 4%, rather than its prior forecast of 3% to 4%. P&G reiterated its full-year forecast for organic revenue growth, which strips out the impact of acquisitions, divestitures and foreign currency, and for earnings per share growth.

Persons: Jon Moeller, Gillette Organizations: Procter, Gamble, LSEG, Venus Locations: Compton , California

Meanwhile, parents and experts say schools neglect students with math disabilities like dyscalculia, which affects up to 7% of the population and often coexists with dyslexia. Learning struggles for some may be due to dyscalculia or other math learning disabilities, yet few teachers report their students have been screened for dyscalculia. Experts say learning the most effective methods for teaching students with math disabilities could strengthen math instruction for all students. Part of the problem is that teachers don’t receive the training needed to work with children with math disabilities. “It’s pretty rare for undergraduate degrees or even master’s degrees to focus on math learning disabilities with any level of breadth, depth, quality or rigor,” said Amelia Malone, director of research and innovation at the National Center for Learning Disabilities.

Persons: Laura Jackson, ” Jackson, Jackson, ’ ” Jackson, “ There’s, Karen Wilson, it’s, ”, Sandra Elliott, Young, dyscalculia, that’s, Lynn Fuchs, don’t, “, Amelia Malone, Heather Brand, —, Malone, screeners, “ It’s Organizations: Associated Press, Christian Science Monitor, Dallas Morning News, Idaho Education, Courier, The Seattle Times, ___ Nationwide, ”, dyscalculia, Teachers, Vanderbilt University ., National Center for Learning, National Center for Learning Disabilities, New, Carnegie Corporation of New, AP Locations: Idaho, South Carolina, ”, U.S, Seattle, Virginia, New York City, Carnegie Corporation of New York

☆ Sharon Stone debuts new art exhibition
▼ + stars: | 2023-10-16 | by ( Helen Stoilas | ) edition.cnn.com time to read: +6 min

Greenwich, Connecticut CNN —Sharon Stone throws herself into her art. “I just get in this kind of trance,” Stone said of her daily painting practice during an interview with CNN. Courtesy C. Parker GalleryMany of the works in the show draw on social issues, as well as personal experience. “I created these works to understand the essence of pure creativity that comes from heartfelt truth,” Stone said in a statement accompanying the exhibition. ChiChi Ubina/Courtesy C. Parker GalleryStone now spends much of her time in the studio trying to translate how she sees the world onto canvas.

Persons: Sharon Stone, hasn’t, “, ” Stone, ” Sharon Stone's, Stone, Parker, ”, Tiffany Benincasa, ” Benincasa, Vonne, lockdowns, CNN’s Chris Wallace, Wassily Kandinsky, Joan Miró, “ Amelia, Amelia Earhart, Claude Monet, Giverny ”, Claude Monet’s Organizations: Greenwich , Connecticut CNN, CNN, Parker, of Affairs, Edinboro University Locations: Greenwich , Connecticut, Jerusalem, Israel, Greenwich, Pennsylvania, Los Angeles, Giverny, France

☆ We moved to Austin for the tech jobs, but finding a home was defeating. We kept getting outbid by people making cash offers sight-unseen.
▼ + stars: | 2023-10-15 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Sarah Hollingsworth, 35, about her experience moving from San Antonio to Austin in 2019. My six-month-old daughter, Amelia; my husband, Scott; and I moved to Austin in August 2019 from San Antonio — literally an hour and a half away. There really just aren't that many high-paying tech jobs in San Antonio and we both loved that industry and wanted to stay in it. Austin, being the next-closest tech city, had an abundant amount of high-paying tech jobs. I enrolled in the Entrepreneur Center of Austin, which San Antonio doesn't have.

Persons: Sarah Hollingsworth, —, Austin, Hollingsworth, Poppylist, Amelia, Scott, San Antonio —, Hollingsworth's, Zoey, Antonio doesn't, Techstars Austin, Sarah Hollingsworth San, it's Organizations: Service, Entrepreneur Center of Austin, Capital Factory Locations: Austin, San Antonio, Scott's, West Austin, Lake Austin, Sarah Hollingsworth San Antonio, There's

☆ Halloween is candy's biggest holiday. Here's how Snickers maker Mars prepares for trick-or-treaters
▼ + stars: | 2023-10-14 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

For 11 months of the year, Tim LeBel is Mars Wrigley's president of sales. The National Retail Federation predicts consumers will spend $3.6 billion on Halloween candy this year, up from $3.1 billion last year, even as many shoppers pull back spending elsewhere. Unlike Hershey, family-owned Mars doesn't report its financial results, but disclosed nearly $45 billion in annual revenue in 2021. With the stakes so high for Halloween, Mars starts planning for the holiday two years in advance. "A lot of those things take two years to develop and execute to bring to market," LeBel told CNBC.

Persons: Tim LeBel, Mars, Ferrero, Mondelez, …, Hershey, Michele Buck, LeBel Organizations: Mars, Hershey, National Retail Federation, CNBC

☆ Chipotle plans price increases after pausing hikes this year
▼ + stars: | 2023-10-11 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. The company did not share how much menu prices will rise as a result of the decision. The burrito chain started hiking its menu prices in June 2021, citing the cost of rising wages for its employees. But Chipotle paused its price hikes as some customers pulled back on restaurant spending and ingredient costs stabilized. Three months later, Niccol said Chipotle would reconsider its pricing as the company's fourth quarter drew closer.

Persons: King, King of Prussia, Laurie Schalow, Chipotle, Brian Niccol, Niccol Organizations: Corporate, CNBC, of Labor Statistics Locations: Prussia, King, King of Prussia , Pennsylvania

☆ PepsiCo beats Wall Street estimates, raises earnings outlook
▼ + stars: | 2023-10-10 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations and raised its outlook for its full-year earnings. Shares of the company rose 2% in premarket trading. Pepsi's North American beverages unit reported volume declines of 6%. Quaker Foods North America's volume rose 1%, while Frito-Lay North America's volume was flat. Quaker Foods' brands also gained market share in key categories, like pancake mix and syrup, executives said in prepared remarks.

Organizations: Pepsi, PepsiCo, LSEG, Gatorade, Taco Bell, Quaker, Frito, Quaker Foods Locations: Crockett , California

☆ Popeyes overtakes KFC as No. 2 chicken chain, but Chick-fil-A stays on top
▼ + stars: | 2023-10-04 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

2 chicken chain in the U.S., a decade after Chick-fil-A first unseated KFC from the top spot. Restaurant Brands International 's Popeyes launched a chicken sandwich in 2019 that turned into a blockbuster menu item and ushered in the chicken sandwich wars. Similar to KFC, Popeyes lost market share in the past year, but still retained enough to leapfrog its rival. It took more than a year for KFC to respond to Popeyes' chicken sandwich. 2 chicken chain.

Persons: Popeyes, Chick, Wendy's, Kevin Hochman, Patrick Doyle, Sami Siddiqui Organizations: KFC, Starbucks, Restaurant Brands, Yum Brands, Barclays, Brinker International, School Conference, CNBC Locations: U.S, Atlanta

☆ Chipotle tests automation for burrito bowls and salads
▼ + stars: | 2023-10-03 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Chipotle Mexican Grill is testing whether automation can make customers' burrito bowls and salads. It's the second time the burrito chain has publicly announced testing automation at its innovation center. Roughly two-thirds of all Chipotle digital orders are either burrito bowls or salads, according to Chipotle. The Hyphen robot will make burrito bowls and salads for digital orders only. Simultaneously, an employee can assemble digital orders for other items, such as tacos, quesadillas and burritos, on the digital make line.

Persons: Chipotle's, Sweetgreen, Jonathan Neman, Chipotle Organizations: Ono Locations: California

☆ Kellogg's cereal business begins trading as stand-alone company WK Kellogg
▼ + stars: | 2023-10-02 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Kellogg's cereal business began trading on the New York Stock Exchange at $13.80 per share as "WK Kellogg Co" after spinning off from its parent company on Monday morning. It now houses snacking brands like Pringles and Cheez-It and its North American frozen food unit, which includes Morningstar Farms. Kellanova is trading under Kellogg's ticker "K," while WK Kellogg is under the ticker "KLG." Shares of Kellanova were down roughly 3% in morning trading, and WK Kellogg's stock fell 5%. Shareholders received one share of WK Kellogg for every four shares of Kellogg they owned as of Sept. 21.

Persons: WK Kellogg, Kellogg Organizations: Kellogg Company, New York Stock Exchange, Morningstar, Kellogg Locations: Queens , New York City, U.S, Kellanova

☆ Fast-food drive-thru lanes speed up as fewer drivers wait in line
▼ + stars: | 2023-10-02 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Fast-food drive-thru lanes are speeding up as fewer customers choose to order their meals and milkshakes sitting in their car, according to an annual study by Intouch Insight released Monday. The average total time spent in a drive-thru lane shrank by 29 seconds this year. In other words, Carl's Jr and Yum Brands' Taco Bell and KFC were only speedier because their drive-thru lanes weren't as popular. But across the board, drive-thru lanes have waned in demand since the pandemic began. Despite those efforts, this year's total drive-thru times still lag 2019 times by 15 seconds.

Persons: Carl's Jr, Dunkin, Taco, Wendy's, Carl's Organizations: Intouch, KFC, Taco Bell, Yum Brands, Bell, Taco Locations: Arby's, Burger, Fort Worth, Taco Bell, Brooklyn Park , Minnesota

☆ How one of the world's rarest salts is made in the Philippines
▼ + stars: | 2023-10-02 | by ( Nikita Grant | Amelia Kosciulek | ) www.businessinsider.com time to read: 1 min

Asin tibuok, nicknamed the dinosaur egg, is one of the rarest salts in the world. In the 1960s, salt-making families in the Philippine island of Bohol would trade it for food and other goods. But the craft nearly disappeared in the late 20th century when younger people left the trade for more profitable careers. See more here.

Persons: Asin tibuok Locations: Philippine, Bohol

☆ Big Food vs. Big Pharma: Companies bet on snacking just as weight loss drugs boom
▼ + stars: | 2023-10-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

But food companies' major bets on snacking come as investors fear the looming danger of Big Pharma's blockbuster obesity and diabetes drugs Wegovy and Ozempic. Younger generations snack more often than older consumers, said Kelsey Olsen, food and drink analyst for market research firm Mintel. Millennials and Gen-Z consumers tend to eat smaller meals that are closer together, creating more occasions to grab a snack. At the same time, Novo Nordisk's Ozempic and Wegovy have taken off, fueled by prescriptions to help patients lose weight. Some patients even report developing aversions to foods with higher sugar and fat content — a category that includes many big snack brands.

Persons: Smucker, Big, Wegovy, snacking, Kelsey Olsen, Millennials, Morgan Stanley, Morgan Stanley's, General Mills Organizations: Hostess Brands, HSBC, Accenture, Novo Nordisk's Ozempic, Hershey, Mondelez, PepsiCo, General Locations: Seattle , Washington , U.S, U.S

☆ Student loan bills resume for 40 million Americans. How it could shake the economy
▼ + stars: | 2023-10-01 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Student loan forgiveness advocates rally outside the U.S. Supreme Court building in Washington, D.C., after the nation's high court struck down President Joe Biden's student debt relief program, June 30, 2023. Ryan Moran, a nurse in Jacksonville, Florida, hasn't thought about his federal student loans in years. The pandemic-era pause on federal student loan payments ends Sunday, leaving as many as 40 million Americans on the hook for a new monthly bill they haven't needed to make in more than three years. But as the Biden administration ramps up repayment of the more than $1.7 trillion in federal student loan debt, retailers and lenders are bracing for a hit. "The economy will struggle in the fourth quarter, in meaningful part due to the end of the student loan payment moratorium," said Mark Zandi, chief economist at Moody's Analytics.

Persons: Joe Biden's, Ryan Moran, Amelia, Moran, Biden, Mark Zandi Organizations: U.S, Supreme, Washington , D.C, Finance, Security, White, Moody's Locations: Washington ,, Jacksonville , Florida

☆ Amelia Dimoldenberg Thinks We’re All Forgetting How to Flirt
▼ + stars: | 2023-09-25 | by ( Lane Florsheim | ) www.wsj.com time to read: 1 min

Amelia Dimoldenberg is an expert flirt. It’s a skill that comes with the territory of “Chicken Shop Date,” the YouTube series she created and has hosted for nine years. In it, she takes celebrities like Jack Harlow, Daniel Kaluuya and Jennifer Lawrence out to fried chicken shops across the London area and grills them in a fashion that’s half date, half interview.

Persons: Amelia Dimoldenberg, Jack Harlow, Daniel Kaluuya, Jennifer Lawrence Locations: London

☆ McDonald's to raise royalty fees for new franchised restaurants for first time in nearly 30 years
▼ + stars: | 2023-09-22 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

McDonald's franchisees who add new restaurants will soon have to pay higher royalty fees. It's the first time in nearly three decades that McDonald's is hiking its royalty fees. However, the higher rate will affect new franchisees, buyers of company-owned restaurants, relocated restaurants and other scenarios that involve the franchisor. McDonald's will also stop calling the payments "service fees," and instead use the term "royalty fees," which most franchisors favor. They pay rent, monthly royalty fees and other charges, such as annual fees toward the company's mobile app, in order to operate as part of McDonald's system.

Persons: Joe Erlinger, McDonald's, Erlinger, Ian Borden Organizations: CNBC, Kalinowski Equity Research Locations: McDonald's, California, U.S

☆ Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine-dining sales
▼ + stars: | 2023-09-21 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Darden Restaurants on Thursday reported earnings and revenue that topped analysts' expectations in its first quarter as the owner of Ruth's Chris Steak House. But same-store sales of Darden's fine-dining segment fell more than expected, signaling that consumers are spending less on upscale restaurant meals. The chain reported same-store sales growth of 8.1%, topping StreetAccount estimates of 6.1%. Olive Garden, which accounts for roughly 45% of Darden's revenue, reported same-store sales growth of 6.1%, meeting expectations. Darden's fine-dining restaurants saw same-store sales shrink 2.8%, wider than expectations of a 1.8% decline.

Persons: Chris Steak, Darden, Chris, Eddie V's Organizations: Darden, LSEG, LongHorn Locations: Olive, Pittsburg , California

One person died and dozens of others were injured, at least five critically, after a bus carrying a high school marching band from Long Island crashed on a New York highway and went down an embankment on Thursday afternoon, the authorities said. The bus, carrying students from Farmingdale High School, was one of six coach buses traveling to an annual marching band camp in Pennsylvania, according to a spokeswoman for the Farmingdale School District. It went off the road on a section of I-84 in the town of Wawayanda, in Orange County, a spokesman for the Slate Hill Fire Department said. Details about what caused the accident were not immediately available.

Organizations: Farmingdale High School, Farmingdale School, Slate, Fire Department Locations: Long, New York, Pennsylvania, Farmingdale, Farmingdale School District, Wawayanda, Orange County

☆ A Traitor, Burned in Effigy, Again and Again
▼ + stars: | 2023-09-19 | by ( Amelia Nierenberg | More About Amelia Nierenberg | ) www.nytimes.com time to read: 1 min

New London is burning after British troops — led by Benedict Arnold — raided the town. About a month later, soldiers fight in Yorktown, Va., in the last major battle of the Revolutionary War. On a recent Saturday evening, hundreds of people gathered in the streets to burn Benedict Arnold, America’s most famous traitor, in effigy. “Burn the traitor!” onlookers screamed. “Burn him!”The procession is an annual piece of street theater, organized by Flock Theatre, a New London troupe.

Persons: —, Benedict Arnold —, Benedict Arnold, America’s, “ Organizations: Flock Theatre Locations: Connecticut, New London, Yorktown, Va, fife

☆ Rudy Giuliani 'may have been compromised' by the Kremlin, and FBI leaders didn't care, alleges special agent Johnathan Buma
▼ + stars: | 2023-09-16 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +10 min

Johnathan Buma says his FBI supervisors didn't care about his leads tying Giuliani to Russian intelligence. They are also investigating Hunter Biden for the firearm-related charges that he was indicted for this week. FBI didn't care about Giuliani's possible Kremlin ties, Buma says"Rudy Giuliani may have been compromised by individuals suspected of being involved in Russian counterintelligence influence operations," Buma told Insider. According to Buma's disclosure, an FBI Intelligence Information Report asserted that Fuks was "a co-opted asset of the RIS" or the Russian intelligence services. Hunter Biden left his laptop at a computer repair store in April 2019.

Persons: Johnathan Buma, Giuliani, Hunter Biden, Robert Mueller's Trump, Donald Trump's, Buma, Biden, Trump, Rudy Giuliani, Pavel Fuks, Fuks, Burisma, Hunter's, George Soros, Hunter Biden's, Bill Barr's, Geoffrey Berman, Bill Barr, Barr, Berman, he's, Amelia Kosciulek, we're, aren't, Mattathias Schwartz Organizations: FBI, Service, Los Angeles Field Office, Trump, GOP, of Justice, New York Post, Southern, of New, Washington Field Office, New York Field Office Locations: Russian, Wall, Silicon, Russia, Mar, Lago, Ukrainian, Moscow, Washington, Ukraine, Ukraine —, Delaware, of New York, Buma, schwartz79@protonmail.com

☆ ‘Sea Chantey’ Night at the Bar: A Rowdy, Joyous Ritual for Landlubbers
▼ + stars: | 2023-09-16 | by ( Amelia Nierenberg | More About Amelia Nierenberg | ) www.nytimes.com time to read: 1 min

“Rolling down to Old Maui, rolling down to Old Maui,” they sang. “We’re homeward bound from the Arctic ground, rolling down to Old Maui.”The centuries-old harmonies overlapped, swelling to the corners of the original ceiling. Dozens of patrons stomped on the uneven wooden floorboards as they sang, sloshing Guinness over the rims of their pint glasses. “It just gets the cobwebs out of your soul,” said Kitsie Reeves, 68, a former flight attendant who has loved sea music for decades. “It’s like a porthole into the past.”

Persons: ”, “, stomped, sloshing Guinness, Kitsie Reeves Locations: Essex, Conn, “, Old Maui, ”

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