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☆ Recession or not, investments in this sector have shown resilience in tough times
▼ + stars: | 2022-10-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Boston Beer has an average analyst rating of hold and 8% downside to the average price target, according to FactSet. "In a recession, beer tends to gain about one percentage point of share from spirits. How to play the space With that mindset, you shouldn't alter your long-term investments because of a potential recession, Sarwat said. Its average price target is buy. Duckhorn also has an average rating of buy, with 30% upside to the average price target.

☆ Baristas in San Francisco went on strike. Their robot co-workers went right on serving
▼ + stars: | 2022-10-18 | by ( Adam Rogers | ) www.businessinsider.com time to read: +12 min

For three days last month, 1,000 food-service workers at SFO went on strike over wages and working conditions. For decades, robots have been replacing, or at least nudging aside, human labor. But at SFO, robot baristas didn't simply replace humans — they crossed a picket line. Cafe X robot baristas stayed on the job when food-service workers went on strike at San Francisco International Airport last month. The short version is: Every new robot per thousand human workers reduces employment by 0.2 percentage points and decreases wages by 0.42%.

EU distillate inventories were just 360 million barrels at the end of September, the lowest seasonal level since 2004. The global petroleum and refining system has proved unable to keep up with rapid growth in fuel consumption as a result of the manufacturing and freight-led recovery after the coronavirus pandemic. In any event, accelerating refinery processing will simply push the shortage upstream from the fuel market to the crude market. But with spare capacity almost exhausted, a recession is the most likely route to rebalancing the distillate market in particular and the petroleum market in general. Related columns:- OPEC+ risks overtightening the oil market (Reuters, Oct. 12).

☆ Impossible Foods' new CEO is pining for a Super Bowl ad and status as a household name. First, he'll have to win over employees.
▼ + stars: | 2022-10-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +10 min

Peter McGuinness, Impossible Foods' new CEO, has said he wants a Super Bowl ad. "He's said 'Super Bowl ad' at least a thousand times," a current marketing employee said. But Super Bowl spots cost several million dollars each, putting them out of reach for Impossible, the employee said. Insider spoke with five current and former Impossible Foods employees about McGuinness' and Brown's leadership and the future of the company. Impossible Foods meatballs Impossible FoodsFrom R&D to marketingUnder Brown, Impossible was a company focused on research and development.

☆ AriZona Iced Tea CEO vows to keep the 99-cent price tag 'for as long as we can'
▼ + stars: | 2022-10-13 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Although inflation remains near its highest point in over 40 years, one grocery-store staple has maintained its 99-cent price tag: AriZona Iced Tea. "For as long as we can, we're going to hold our price," he says. One way the family-owned company is able to maintain its low price point is by not trying to duplicate how other larger beverage companies operate. Another way AriZona aims to beat rising manufacturing costs is by increasing the number of products sold at its low price point. The company focuses on increasing its sales volume to avoid passing on a price hike to consumers, Vultaggio says.

☆ Netflix says that its new ad-supported tier is 'nearly' sold out — here's everything we know about the November 3 US launch
▼ + stars: | 2022-10-13 | by ( Lauren Johnson | Elizabeth Pham Janowski | ) www.businessinsider.com time to read: +6 min

Netflix will launch its ad-supported tier in the US on November 3. The new ad-supported tier will not have the full Netflix catalog and will offer video quality up to 720p. NetflixThe ad-supported tier will be offered in 12 countries, beginning with Canada and Mexico on November 1. Gorman said that partners like Microsoft will only be able to use data collected by the ad-supported tier for targeting within Netflix. Advertisers said they expect prices to drop once Netflix's ad-supported tier launches, as has been typical with other streaming services like NBCUniversal's Peacock.

Gareth Kaminski-Cook, CEO of Autins, which makes noise-reducing and thermal insulation for carmakers, gives a tour of the auto supplier's factory in Tamworth, Britain, May 3, 2022. Many auto suppliers, already squeezed by rampant inflation and energy prices, say they have little choice but to shoulder the extra costs of making their components sustainable to meet carmakers' environmental targets. "We're going to see a real big shakeout the next five, 10 years in the auto supply chain." The company, which is worth about $39 billion, launched its own sustainability drive in 2020 and is working on recyclable products with carmakers including Volkswagen, Volvo and BMW. Guell says carmakers only want to work with suppliers who use green energy, leaving him in a tight spot.

☆ Food prices are soaring, and that's changed how we eat
▼ + stars: | 2022-09-24 | by ( Danielle Wiener-Bronner | Cnn Business | ) edition.cnn.com time to read: +9 min

Food prices have spiked 11.4% over the past year , the largest annual increase since May 1979, according to data released in mid-September by the Bureau of Labor Statistics. Grocery prices jumped 13.5% and restaurant menu prices increased 8% in that period. With food prices soaring, people are changing how they shop and eat. Even for those not at risk of hunger, the surges in food prices are jarring. "I saw the food prices going up, and I realized that it was going to quickly overwhelm our budget," she said.

Venezuela's oil ministry, PDVSA and Maroil did not reply to requests for comment. PETCOKE MOUNTAINSIn Jose, two heavy oil upgrading projects controlled by PDVSA, Petro San Felix and Petrocedeno, produce and store petroleum coke. SANCTION SCRAMBLEIndian firms this year have been big buyers of Venezuelan petcoke as the Asian nation looks for inexpensive fuel to power industries amid high coal prices. read moreShimsupa GmBH, a Germany-headquartered trading firm, has an exclusive arrangement with Maroil to sell Venezuelan petcoke in India, Pakistan and Bangladesh, the company said. Resellers of Venezuelan petcoke originally supplied by Maroil say the cargoes are free of penalties since, as opposed to PDVSA, Maroil has not been blacklisted by the U.S. Treasury Department.

A view shows a shelf with bottles of Pepsi at a grocery store in Moscow, Russia September 9, 2022. The continued production means sodas are still widely available in Moscow and also in Vladivostok in the far east and Krasnoyarsk in Siberia, according to a review by Reuters. The West has not sanctioned food and drink as part of sweeping measures aimed at punishing Russia over its actions in Ukraine. Earlier in the summer, shops in the capital were still selling off stockpiles of foreign beers, months after the brewers said they would halt production. read moreAtlanta-based rival Coca-Cola Co's (KO.N) production in Russia also continued after it said in March it would suspend operations.

☆ The CEO of a plant-science startup that's raised $27 million shares the biggest lessons he learned about pitching investors while at Y Combinator
▼ + stars: | 2022-09-08 | by ( Sasha Weilbaker | ) www.businessinsider.com time to read: +6 min

He was accepted into Y Combinator and adjusted his pitch to focus on a quick business sell. Since Y Combinator, the company has secured $27 million from three funding rounds. This led to the founding of The Supplant Company. Companies like Airbnb, Instacart, Dropbox, and more have gotten their starts through Y Combinator. "One of the hard things I learned at Y Combinator is the difference between doing what's right for the business versus doing what you want to do," Simmons said.

☆ Why Coca-Cola doesn't want to tell you what's in those weird flavors
▼ + stars: | 2022-09-07 | by ( Danielle Wiener-Bronner | Cnn Business | ) edition.cnn.com time to read: +5 min

Over the past several months, Coca-Cola has rolled out a number of curious products: Coca-Cola Starlight Byte and Dreamworld . "We're engaging with people," said Selman Careaga, global category president of Coca-Cola Trademark, which includes Coke drinks but not other Coca-Cola products like Fanta, Sprite or others. "Without a doubt, it's a Coca-Cola product." Developing new Coke flavors can be risky if they stray too far from the signature flavor, Stanford noted. "The longevity of the brand has been all about that very unique Coke taste," he added.

☆ Earnings playbook: The investing game plan as Apple and Alphabet lead the busiest week of the season
▼ + stars: | 2022-07-24 | by ( Fred Imbert | ) www.cnbc.com time to read: +20 min

Tuesday Coca-Cola is set to report earnings before the bell, followed by a conference call at 8:30 a.m. Chipotle is scheduled to report earnings after the close, followed by a conference call at 4:30 p.m. Meta is set to report earnings after the close, followed by a conference call at 5 p.m. Thursday Amazon is set to report earnings after the bell, with management slated to hold a conference call at 5:30 p.m. Friday Procter & Gamble will report earnings before the bell, followed by a conference call at 9 a.m.

☆ The night the Lord of the Skies got away
▼ + stars: | 2022-07-22 | by ( Noah Hurowitz | ) www.businessinsider.com time to read: +38 min

It was May 1985, and Ramirez had only been with the Border Patrol for two and a half years. But he also knew that at the end of that road, just before the international port of entry, was a Border Patrol station. The Lord of the SkiesWithin a decade of that traffic stop, Amado would be the most significant drug trafficker in Mexico. It's the border," Ford told me recently when I reached him by phone. Ford and Amado didn't make a deal that night, but Ford said they agreed to "something tentative."

☆ 2 new accusers say 'Durte Dom,' a former member of David Dobrik's Vlog Squad, preyed on them as fans
▼ + stars: | 2021-11-03 | by ( Kat Tenbarge | ) www.businessinsider.com time to read: +19 min

In a somber video, Zeglaitis shared his account of the evening and friendly text messages between him and Hannah. Another woman told Insider that she went to Zeglaitis' apartment in 2017 to film a clip for Dobrik's vlog. The two were fully clothed at the time, she said, standing just outside Zeglaitis' apartment in the hallway. They also said they were lured to Zeglaitis' apartment, which featured prominently in Dobrik's vlogs, by his social-media fame. I was just going along with what was happening," Jennifer told Insider.

☆ YouTuber Anna Campbell sells a lifestyle of sex, drugs, and drama. Her exes say she's a danger to teens.
▼ + stars: | 2021-08-10 | by ( Kat Tenbarge | Charlotte Colombo | ) www.businessinsider.com time to read: +23 min

In her YouTube videos, Campbell says the money goes toward drugs and gifts for one girlfriend after another. Campbell acknowledged in a YouTube video that she had sex with Pendergraff while Pendergraff was "black out" drunk. Kaylee Jade said Campbell abused her repeatedly throughout their relationshipDuring her on again, off again relationship with Pendergraff, Campbell started to date Kaylee Jade, too. According to Jade, Campbell DM'd her on Twitter in 2019 when she was 18 and experiencing homelessness. In a since deleted YouTube video, Campbell said she got "physical" with Jade, including throwing her to the ground.

Brandul de apă în sine aparţine Coca-Cola, însă impactul negativ al gestului lui Ronaldo, un star al lumii sporturilor cu 550 de milioane de urmăritori în social media, nu a mai putut fi evitat. Gestul lui Ronaldo a fost copiat şi de alţi jucători, potrivit Financial Times. Iar Ronaldo nu a fost sancţionat în niciun fel, pentru că acesta „este atât de puternic, nimeni nu-i poate spune ce să facă“, potrivit unui oficial din fotbalul european. În ultima vreme, jucătorii au căpătat un control sporit asupra brandurilor cu care sunt asociaţi, graţie în mare parte legăturii lor directe cu fanii prin intermediul social media. Jucătorii de genul lui Ronaldo forţează o regândire a strategiilor tradiţionale de marketing adoptate de organizatorii competiţiilor şi sponsorii acestora.

Persons: Ronaldo, Tim Crow, Coca - Cola, Coke Organizations: fotbal, Coca, Cola, UEFA, Financial Times Locations: Portugaliei

☆ Congressional stock report: Diet Coke-loving Debbie Dingell buys the competition, environmentalist Lois Frankel eyes oil, and Dan Crenshaw gets his move on
▼ + stars: | 2021-03-29 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +6 min

Members of Congress regularly make stock trades and are required to disclose them. Here's Insider's compilation of the most recent stock trades lawmakers disclosed. Her stock sales include the American Express Company, Booz Allen Hamilton Holding Corporation, consumer credit reporting agency Equifax Inc., and oil company Hess Corporation. Dingell this month also sold up to $50,000 worth of stock in the parent company of department store Macy's. These disclosures, which include a range of information about members' income, assets, debt, and financial trades, were originally due May 17.

☆ Gary Peters hates global warming. But the Democratic senator just invested in a coal-fired power company.
▼ + stars: | 2021-02-03 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +5 min

Michigan Democratic Sen. Gary Peters purchased up to $15,000 American Electric Power Company Inc. stock on January 15. American Electric Power Company generates 73% of its power from fossil fuels, including 45% from coal. Peters, who last month became chairman of the Democratic Senatorial Campaign Committee, made the stock purchase on January 15, his disclosure indicates. American Electric Power Company spokesperson Tammy Ridout declined to comment on Peters' stock purchase, saying," We don't comment on individual shareholders' investments." Peters' stock purchase of American Electric Power Company isn't his first energy company investment.

☆ Here are the diets of notable tech billionaires, from Mark Zuckerberg's 'kill what you eat' routine to Elon Musk's Diet Coke obsession
▼ + stars: | 2020-02-26 | by ( Paige Leskin | Grace Kay | ) www.businessinsider.com time to read: 1 min

Some of the richest people in tech have some pretty bizarre eating habits. Elon Musk Gilbert Carrasquillo/GC ImagesJust because billionaires have the money to pay for pricey personal chefs or high-end healthy foods doesn't mean they're adhering to diets that are good for them. While some experiment with the latest health fads, like the Paleo diet and veganism, there are other tech billionaires who enjoy eating chocolate for breakfast or skip eating altogether for days. So even though there are some wealthy techies whose diets you'll want to copy to replicate their levels of success, there's no guarantee they'll put you in good health.

☆ 'Soda,' 'pop,' or 'coke': More than 400,000 Americans weighed in, and a map of their answers is exactly what you'd expect
▼ + stars: | 2018-10-06 | by ( Mark Abadi | ) www.businessinsider.com time to read: +2 min

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. One of the things Americans can never seem to agree on is what to call fizzy, carbonated beverages: soda, pop, or coke? That's exactly the question cartographer Alan McConchie sought to answer with his web project, the aptly named Pop Vs. The site invites visitors to fill out a brief questionnaire asking where they are from and which term they use for soft drinks.

Persons: —, Alan McConchie, Louis, Louis Pop, Jason Katz Organizations: Service, Business, Midwest Locations: United States, Florida , California, Midwest, Milwaukee, St, West, Louisiana, North Carolina, Boston

☆ See which major US restaurants serve Coke vs. Pepsi
▼ + stars: | 2017-04-03 | by ( Skye Gould | Mary Hanbury | ) www.businessinsider.com time to read: 1 min

For all you die-hard Pepsi fans out there, we understand how hard it can be to find a place to eat that serves your beverage of choice. That's why we've put together a list of what soft drink brand is served at the 39 top restaurant chains. Coke comes out the undisputed winner, with big contracts at McDonald's, Subway, and Burger King. Pepsi still has some notable brands, like Taco Bell, KFC, and Hooters. Check it out:

☆ I Spent The Night In A Homeless Shelter—Here's What It Was Like
▼ + stars: | 2012-01-17 | by ( Robert Johnson | ) www.businessinsider.com time to read: +13 min

Last week, I registered at a shelter in Atlantic City and spent the night in a jam-packed room with more than 100 other men. His name was Pastor Gregory. If I stayed out of trouble, Pastor Gregory said, I could stay, more or less, indefinitely. Advertisement“Are you hungry?” Pastor Gregory asked me when we were done. AdvertisementAfter Pastor Gregory saw me drying off, he disappeared and I was on my own.

Persons: Robert Johnson —, I've, I'm, Bill Southrey, he’s, “, Pastor Gregory, Pastor Gregory said, Southrey, Gregory, ” Pastor Gregory, ”, I’ll, you’re, Greg, Granny Smith, Ralph Lauren, ” Southrey Organizations: Atlantic, Rescue, Atlantic City, Navy Locations: Atlantic City, New York, Atlantic, paychecks, Latina, New Jersey

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