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Northland downgrades Advanced Micro Devices to market perform from outperform Northland downgraded the stock mainly on valuation. " Bernstein reiterates Apple as market perform Bernstein said it expects "not great" Apple earnings on February 1. William Blair downgrades Vita Coco to market perform from outperform William Blair said it's concerned about higher costs for the beverage company. Raymond James downgrades Comerica to market perform from outperform Raymond James said the earnings outlook looks too challenging for Comerica. "We are downgrading CMA shares from Outperform to Market Perform and reducing our 2024 EPS estimate to reflect its initial 2024 outlook."
Persons: Bernstein, Hunt, KeyBanc, Key, it's, Morgan Stanley, Oppenheimer, Lowe's, Goldman Sachs downgrades Archer, Daniels, Goldman, Vikram Luthar, William Blair downgrades Vita Coco, William Blair, Wolfe, NiSource, Tesla, Goldman Sachs, Stone, Evercore, Raymond James downgrades, Raymond James Organizations: Bernstein, Pacific, Norfolk, Union Pacific, NSC, UBS, Devices, Northland, AMD, Western, Home Depot, Apple, HSBC downgrades Lululemon, Daniels Midland, ADM, TAM, Airlines, Barclays, Netflix, JPMorgan, Xerox JPMorgan, Raymond James downgrades Comerica, Comerica, CMA Locations: Norfolk Southern, Northland, Brazil
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewReneé Rapp recently made her "Saturday Night Live" debut, and she had a very special guest show up to support her. When she took to the stage to perform, the star of the musical "Mean Girls" remake was introduced by none other than the original Regina George herself, Rachel McAdams. AdvertisementRapp then performed "Not My Fault," which appears on the soundtrack of the "Mean Girls" remake. Rachel McAdams in "Mean Girls" (2004).
Persons: , Reneé Rapp, Regina George, Rachel McAdams, McAdams, Rapp's, Renee Rapp, Rapp, Megan Thee Stallion, Jacob Elordi, Megan —, Li Organizations: Service, Business, Rockefeller Locations: fried, h
After a tepid year in the IPO market, investors are hopeful 2024 will bring about a return to form. But the IPO market cratered in 2022 after the Federal Reserve's aggressive rate hiking campaign collapsed investor demand for growth stocks. But happier days could be ahead for the IPO market in 2024. According to Linqto's 2024 IPO Sentiment Survey released Thursday, only a little more than half, 52%, of 2,500 traders polled are anticipating a significant recovery in the IPO market this year, suggesting "cautious optimism" ahead. "There's a lot more optimism for the IPO market," said Akshata Bailkeri, head of research at EquityZen, a platform for pre-IPO activity.
Persons: Akshata Bailkeri, Bailkeri, Wilson, EquityZen's Bailkeri, Shein, Shein confidentially, Reddit, that's, ​ Andrew Low Ah Kee, Low Ah Kee, Ah Kee, Skims Skims, Kim Kardashian, Andy Muir, Muir, Jordan Brand, Amer, Roxanna Islam, Troy Gayeski, Gayeski, EquityZen's Organizations: Robinhood, Ford, Amer Sports, CNBC, U.S, Reuters, National Football League, Commerce, Nike, Wilson, FS Investments, U.S . Census, World Bank Locations: Snowflake, IPOs, Silicon, China, Opendoor, U.S
A powerful shot in "Killers of the Flower Moon" features an own flying directly into the camera lens. Cinematographer Rodrigo Prieto told BI that the owl was not trained to do that and acted on its own. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThere are numerous memorable visuals in Martin Scorsese's epic "Killers of the Flower Moon," but one in particular happened by complete accident. "The owl wrangler was right on top of the lens with a little treat so the owl would look toward the camera," Prieto recalled.
Persons: Rodrigo Prieto, , Martin, Mollie Burkhart's, Lily Gladstone, Tantoo Cardinal, there's, Lizzie, Mollie, Millie, Mollie's, Oscar, Martin Scorsese, Medios, Scorsese, Prieto, she's, puller, Prieto doesn't Organizations: BI, Service, Osage Nation, Apple, Osage Locations: Oklahoma, Osage
SAN LUIS OBISPO, Calif. (AP) — The family of a California college student who vanished nearly three decades ago sued the school on Thursday, alleging it caused Kristin Smart's murder through negligence. Smart, then 19, disappeared from California Polytechnic State University in San Luis Obispo on the state’s scenic Central Coast over Memorial Day weekend in 1996. Those students said Flores had stalked and harassed them in the months leading up to Smart's disappearance. Instead, our family has been left to grieve her absence for 27 agonizing years,” a family statement said. The family only realized Cal Poly's alleged negligence after that apology because relatives didn't have any access to the university's investigative file, according to the lawsuit.
Persons: Kristin Smart's, Smart, San Luis Obispo, Paul Flores, Flores, Smart's, Kristin, , , Matt Lazier, Jeffrey Armstrong, Cal Poly's, didn't, Cal Organizations: Calif, California Polytechnic State University, Central Coast, Prosecutors, Cal Poly, Cal Poly’s Locations: California, San Luis, Central, Flores ’
NEW YORK (AP) — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders. Roughly 75% of its store management started out as hourly workers, Walmart said. Walmart said that the store managers' new starting annual base wage ranges will be from $90,000 to $170,000. Walmart announced in January 2023 that U.S. workers would get pay raises the following month, increasing starting wages to between $14 and $19 an hour. Starting wages had previously ranged between $12 and $18 an hour, depending on location.
Persons: Cedric Clark, Clark, “ They're, , “ We’re Organizations: — Walmart Inc, Walmart, Walmart's U.S, Auto Care Centers Locations: Bentonville , Arkansas, U.S
Read previewWalmart store managers are set to see a significant bump in pay next month. The retail giant announced Thursday it will increase salaries for US store managers, bringing the average from $117,000 to $128,000 a year, and offer a bonus of up to 200% base pay. This story is available exclusively to Business Insider subscribers. Walmart told Business Insider the changes will take effect on February 1. Store managers at the lowest end of the salary range are set to see the largest increases, jumping from $65,000 to $90,000, while the top end will remain at $170,000, the company told BI.
Persons: , Cedric Clark, Clark, Doug McMillon Organizations: Service, Business, Walmart, Teamsters
NEW YORK (AP) — Franz Welser-Möst is back on the Cleveland Orchestra's podium, concentrating again on music instead of his health. Political Cartoons View All 253 ImagesWelser-Möst had surgery Sept. 1 to remove a cancerous tumor from his bladder and came back to Cleveland to conduct the orchestra's season opener on Sept. 28. Both are very well now, so there’s every reason to be optimistic.”Welser-Möst has been Cleveland's music director since 2002-03 and has appointed 69 musicians, including 52 of the current 105 members. And in those days, of course, I was like: How on earth is he doing that?”Welser-Möst first conducted the Cleveland Orchestra in 1993 and became music director for the 2002-03 season. On the afternoon of his return concert on Jan. 11, he announced he will retire as music director at the end of 2026-27, his 25th season.
Persons: — Franz Welser, , George Szell, , Verdi's, Möst, André Gremillet, Franz Leopold Maria Möst, Baron Andreas von Bennigsen, Herbert von Karajan, Karajan, Albert Moser, Vienna’s, “ I’d, wasn't, “ I’m, Clive Gillinson, he's, Beethoven's, Strauss, “ I’ve, Riccardo Muti, Gustavo Dudamel Organizations: Cleveland, Cleveland's Severance Music Center, Carnegie Hall, Vienna Philharmonic, Vienna State Opera, Salzburg Festival, Cleveland Orchestra’s, Berlin Philharmonic’s, Karajan, Cleveland Orchestra, Carnegie, ” Carnegie Hall, Chicago Symphony Orchestra, Los Angeles Philharmonic, New York Philharmonic, Locations: Austrian, Austria, New York, Naples, West Palm Beach , Florida, Cleveland, Vienna, Linz, Welser, Liechtenstein, Salzburg, Berlin, York, Weimar Republic, Weimar, Zurich, U.S
The folks at Riverbed Ranch have answered these questions decisively, embracing a radical turn toward self-reliance and small-scale sustainability. He founded Riverbed Ranch after losing power during a winter storm. Gleason's wife, Colleen, said of Riverbed residents in a 2021 TV interview : "Most of them tend to be prepper types." AdvertisementGleason envisions Riverbed Ranch as a safe environment for families: "This is about the kids." "The American idea that we're going to go on forever is naive at best," Fisher told me.
Persons: Jesse Fisher's, Fisher, Philip Gleason, they'd, Gleason, Jesse Fisher, of Jesus Christ, Elon, Blonquist Gleason, " Gleason, Colleen, bristled, Priscilla Hart, Hart, you've, Sarah Vezzani, , Vezzani, Lance Pope, Brittany Organizations: Apple Watch, of Jesus, dodgers, Fox News, Pew Research, Rockies Locations: Utah, Ukraine, Gaza, Idaho, Ogden , Utah, Ogden, Nebraska, America, Arizona, Santaquin , Utah
Political Cartoons View All 253 ImagesStill, country music has broken new ground. He says country music is now in a position where people who “maybe never gave us a chance” are listening to country music with an open-mindedness. Smyers has his own theories to why country music is experiencing this explosive period. “And I feel like country music kind of does the authenticity thing better than any other genre.”Up-and-comer Megan Moroney agrees. “I just kind of stay in my lane and do the best I can with supporting country music,” she told AP.
Persons: Morgan Wallen, Zach Bryan, Luke Combs, Roll, Harvey Mason, , Kacey Musgraves, Jason Aldean’s “, Wallen’s “, Combs, Tracy Chapman’s, Oliver Anthony’s, , Richmond ”, Wilson’s Deana Carter, Bailey, Wilson, Gabby Barrett, Carly Pearce, Ingrid Andress, Dan Smyers, Dan, Shay, Justin Bieber, I’ve, Smyers, Dustin Lynch, Darius Rucker, “ I've, Megan Moroney, there's, Reba McEntire, Blake Shelton, John Legend, Chance, Garth Brooks, Brooks, fiddles, ” Brooks, it’s Organizations: ANGELES, Recording Academy, Associated Press, North, Richmond, , AP, United, CBS, Paramount, Crypto.com Locations: , U.S, Luminate, United States, Philippines, Indonesia, India, Brazil, Mexico, Germany, Vietnam, Europe, America, Nashville, Los Angeles
"They can go to Pornhub and get naked people and sexual videos," Rae Richmond, another content creator, said. And when he chats with Farrah, an OnlyFans creator, things rarely get sexual. Some think the OnlyFans relationships help, while others think they can make people lonelier. LiensueGenuine connection can be an unintended consequence for creators, tooDespite the transactional nature of OnlyFans relationships, a real sense of companionship can develop on both ends. Sweetheart said she hadn't been on any dates since she began creating OnlyFans content over three years ago.
Persons: Cherie DeVille, Simon, DeVille, he'd, I'd, who's, they'd, Rae Richmond, Walter's, Farrah, Walter, OnlyFans, Robert Weiss, Albert L, Ortega, Amber, Aston Martin, Keily Blair, sexting, she'd, Amber Sweetheart OnlyFans, Jade Nicole, Jade, she's, Jade Nicole Jade Nicole Mark, Liensue, Sue, Elaina St James, Tom, St James, haven't, Weiss, Ronald Levant —, Katherine Frank, Levant, Marie Lippmann, you've, I've, hadn't, She's, Candice Organizations: Google, Business, NFL, Gallup, Pew, Getty, University of Akron, Strip Club, California State University, Chico Locations: Italy, OnlyFans, New York
Harrison Ford and his wife, Calista Flockhart, have been married since 2010. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYou could ask anyone to name a Harrison Ford film and they would have no issue rattling off box-office hits that the actor has starred in over the years, including "Star Wars," "Indiana Jones," "Blade Runner," and "The Fugitive." The actor has been with his wife, Calista Flockhart, for over two decades.
Persons: Harrison Ford, Calista, Liam, , Harrison, Indiana Jones, Elizabeth Stewart, Ford Organizations: Golden Globe, Service, Harrison Ford, Cannes Film
"Sweet Loren's is not in any way affiliated with or working with Colleen previously, now, or in the future. We also did not pay any commission for sales through the attached affiliate link." An affiliate link is a custom link generated by an affiliate marketing platform that lets the influencer earn a small commission from every product or service sold using the link. Sweet Loren's could presumably appeal to Walmart or YouTube to remove Ballinger from their affiliate program. But when an influencer organically promotes a product or service and links to an affiliate link, the brand typically has no involvement, as most brands work with a third-party affiliate network.
Persons: YouTuber Colleen Ballinger, Ballinger, Miranda Sings, cohost Trisha Paytas, she's, Ballinger hasn't, it's, Loren's, TikTok, commenter, hadn't, Sweet Loren's, Colleen, Sweet, There's, Conor Begley Organizations: Business, YouTube, Walmart
When he works for Walmart's Spark Driver delivery app, it happens a few times a week, he told Business Insider. They traced the problem to a Spark policy giving customers up to 24 hours to reduce or take back their tips. DoorDash's app lets customers only increase a tip or add one — lowering a tip requires calling customer service, a company spokesperson told BI. AdvertisementDrivers can wind up making far less than they expected once the 24 hours is up, a Georgia Spark driver told BI. A Spark driver there told BI his area had too many drivers and that tip baiting wasn't a significant problem.
Persons: , Dara Khosrowshahi, Spark, Yeji Jesse Lee, it's, Uber, they've, Brock Dickens, they'd, I've Organizations: Service, Business, Google, Walmart, Drivers, BI, Detroit Locations: Indiana, San Francisco, New York City, DoorDash, Carolina, Georgia, Oregon
Walmart is starting to use AI to figure out how often you order groceries and order them for delivery. The service will soon be part of Walmart's InHome delivery, according to its presentation at CES. Walmart customers can set up deliveries of essentials at regular intervals, a service the big box chain started offering last year. The company started offering InHome delivery in 2019. Spark's gig delivery workers aren't allowed to enter customers' homes, a point of confusion for Walmart customers who think Spark contractors make InHome deliveries.
Persons: , Whitney Pegden, Walmart InHome, Pegden Organizations: Walmart, Service, Consumer Locations: Las Vegas
Instacart is opening up its ads program to sell targeted Google ads. Instacart's shopper data will be used to target the ads to specific groups of shoppers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Under the deal, Instacart will use Google Shopping ads to get consumers to buy products from Kraft Heinz, Danone, and others on its platform. Instacart will use its own shopper data to target consumers so it can, for instance, send an ad for Kraft Heinz's Philadelphia Cream Cheese to a repeat Instacart shopper searching for cream cheese on Google.
Persons: Organizations: Service, Google, Kraft Heinz, Danone, Kraft Heinz's, Business Locations: Kraft Heinz's Philadelphia
But since completing Quick Start, Gardner has come to a worrying realization: There aren't enough semiconductor jobs to go around. The precedent is little solace for the many graduates of the Quick Start program who are stuck in limbo. In addition to no longer promising interviews with semiconductor companies, Quick Start has taken other steps to moderate candidates' expectations. Hurdles aboundBeyond short-term economics, Palmer believes there are two reasons semiconductor companies have been slow to hire, she said. In the years ahead, the artificial-intelligence boom could further boost the demand for chips and create more jobs in the semiconductor industry.
Persons: Collin Gardner, Gardner, Taco Bell, Taiwan's, Joe Biden, I'm, Lisa Strothers, Jacob Zinkula, Quick, Leah Palmer, who've, Palmer, Gary Burley, who's, they're, we're, It's, , Gabriela Cruz Thompson, Biden, Gina Raimondo, he'd, hadn't, he's Organizations: Taco Bell, Business, Taco, Semiconductors, Semiconductor, Semiconductor Industry Association, Oxford Economics, Intel, Arizona Advanced Manufacturing, Mesa Community, Mesa Community College, Quick, Samsung, Bloomberg Locations: Arizona's Maricopa County, Arizona, chipmaking, China, Maricopa County, Ohio
Instacart will test ads on its Caper smart shopping carts at Bristol Farms grocery stores in Southern California, it said on Monday. This story is available exclusively to Business Insider subscribers. AdvertisementInstacart plans to have "thousands" of the Caper carts in stores by the end of 2024, Instacart CEO Fidji Simo told Bloomberg on Monday. Caper carts are just one example of the boom in what those in the industry call "retail media." AdvertisementMost retailers' ad sales are a fraction of Amazon's, which has been building its ad business for longer.
Persons: , General Mills, That's, Fidji Simo, they're, Simo Organizations: Service, Bristol Farms, Kroger, Schnucks, Business, Del, Del Monte Foods, Bloomberg, Retailers, Walmart, Amazon, Intelligence Locations: Southern California, Del Monte
Kevin Hart doubled down on his criticism of Katt Williams on ESPN's 'NBA Unplugged." On Wednesday, Williams blasted Hart during an appearance on the "Club Shay Shay" podcast. AdvertisementKevin Hart isn't backing down after Katt Williams suggested he was an industry plant and slammed his comedy career during an explosive podcast interview. Kevin Hart on NBA Unplugged"I don't know if you know this but Katt Williams bought the Knicks. AdvertisementAlthough the two traded barbs in the past, their most recent disagreement stems from Williams' appearance on Shannon Sharpe's podcast, where he critiqued several comedians and shared claims about his entertainment career.
Persons: Kevin Hart, Katt Williams, ESPN's, Williams, Hart, Shay Shay, Williams dissed Tiffany Haddish, , Kevin Hart isn't, Hart clapped, Kendrick Perkins, Katt, Shannon, we've, , It's, It’s, vM8PhVoC08 — Kevin Hart, Hart's, Tiffany Haddish, Frank, Wanda, Haddish hadn't, Ludacris, Sharpe, Mike Organizations: Service, Williams, New York Knicks, Philadelphia 76ers, Knicks, NBA, Delaware University, Twitter, Netflix, Haddish, Cube Locations: Hollywood, LA
"2020 and 2021 were excellent, but things started to go downhill in 2022 and now 2023," Juan told Business Insider. AdvertisementSpokespeople for Amazon, DoorDash, and Grubhub confirmed to Business Insider that they put prospective delivery workers on waitlists in certain markets based on demand for deliveries. AdvertisementHere are some of the problems that delivery gig workers faced in 2023, varying from lower pay to greater competition to sudden deactivations. The companies that employ delivery workers oppose the laws. Do you work for Instacart, Walmart Spark, or another gig delivery service and have a story idea to share?
Persons: , Juan, he's, He's, hasn't, they're, Grubhub, Greg F, Greg, Instacart, Alexia Hudson, Daniel Danker, Hudson, Uber, GeekWire, Shipt Organizations: Service, Amazon, Business, Instacart, Walmart, Hudson, Bank of America Institute, New, New York Post Locations: Instacart, Southern California, Utah, California, Texas, Charlotte , North Carolina, Seattle, New York City, Juan
CVS YTD mountain CVS stock has fallen 15% from the start of the year. KR YTD mountain Kroger stock has added nearly 2% from the start of the year. AER YTD mountain AerCap stock has rise nearly 28% from the start of 2023. GM YTD mountain General Motors stock has gained 8% in 2023. GPN YTD mountain Global Payments stock has risen 27% year to date.
Persons: Patrick Kaser, Kaser, Kroger, there's, AerCap, Kaser's, Aengus Kelly Organizations: Brandywine Global, CNBC, CNBC Fed Survey, Federal Reserve, CVS, Kroger, Albertsons, KR, Aerospace, Motors, United Auto Workers, UBS, GM, General Motors, Global Locations: Brandywine, U.S, Walmart's heft
Orchid, a startup that tests embryos for genetic diseases, has just raised $12 million. "The way that IVF and embryo screening works today is the amount of information available is really limited," Orchid CEO and cofounder Noor Siddiqui said. Genetic testing has been around for years, but it has been usually limited in the diseases it can identify, which include cystic fibrosis, Bloomberg reported. Orchid produces reports with two types of genetic testing: monogenic and polygenic. The cost of the test depends on the number of embryos that Orchid tests.
Persons: Noor Siddiqui, Siddiqui, Orchid, Dylan, Anne Wojcicki, Fidji Simo, Peter Kraft Organizations: Business, Bloomberg, Prometheus Fund, Starbloom Capital, One Ventures, Los Angeles Times Locations: San Francisco, Pebblebed
AdvertisementThis as-told-to essay is based on a conversation with Akso Heart who attended Visit Finland's happiness masterclass. I attended Finland's all-expense paid happiness masterclass this summer. The happiness course was set up in Kuri resort, which is in the Finnish Lakeland area. Akso Heart and other participants on the masterclass Akso HeartI also didn't expect to learn about design on a happiness course, but once you're there, you get it. In Finnish culture, happiness is more about contentment because you're grateful for where you are and what you have.
Persons: Akso, masterclass, Heart, , I've, I'm, It's Organizations: Akso Heart, Finns, Service Locations: Finnish Lakeland, London, Finland
Heart said he learned how to connect with nature and be grateful for what he had. AdvertisementThis as-told-to essay is based on a conversation with Akso Heart who attended Visit Finland's happiness masterclass. I attended Finland's all-expense paid happiness masterclass this summer. The happiness course was set up in Kuri resort, which is in the Finnish Lakeland area. In Finnish culture, happiness is more about contentment because you're grateful for where you are and what you have.
Persons: Akso, masterclass, Heart, , I've, I'm, It's Organizations: Akso Heart, Finns, Service Locations: Finnish Lakeland, London, Finland
In today's big story, we're looking at the rising similarities between Target and Walmart. Dominick Reuter/Business InsiderIf imitation is the sincerest form of flattery, Walmart and Target are embarking on some serious tributes to each other. AdvertisementTwo of the country's largest retailers are taking pages from each other's playbooks as they adjust to a changing economic landscape. And Walmart founder Sam Walton openly admitted he stole borrowed plenty of ideas from Sol Price, the originator of the wholesale club model. That's led Walmart to see an increase in higher-income clientele, a trend they're leaning into.
Persons: , Dominick Reuter, Insider's Dominick Reuter, Dominick, Christina Hennington, it's, Sam Walton, Sol Price, That's, Charlie Flanagan, Management's Bryan Kelly, Li Deng, Mike Schuster, Sam Altman Andrew Caballero, Reynolds, Daniel Ek, Slaven Vlasic, Rebecca Zisser, Elon, Zers, Xochitl Gomez, Alyson Hannigan, Jason Mraz, Charity Lawson, Ariana Madix, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Target, Walmart, AQR, Investments, AQR Capital Management, Vatic Investments, Sigma, Investment, Barclays, ING, MSCI Israel, Tel, Tel Aviv Stock Exchange, Israel Securities Authority, Reuters, Broadcom, VMware, The New York Times, Inc, Adobe, ABC, Major, Baseball, MLB Network Locations: Israel, Tel Aviv, New York City, San Diego, London, New York
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