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The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.
About 75% of the full-time hourly workers covered under the deal currently get about $15 an hour, according to the unions. But the unions were able to get a much more front-loaded pay package in this tentative deal. About 96% of membership who voted on that previous offer rejected it, following the recommendation of their union leadership. “I can’t help but believe the overwhelming result of the previous vote played a role in reaching this agreement. In fact, Disney has been struggling to fill some of the job openings it has at Disney World.
New York CNN —Unionized workers at Disney World have rejected a contract proposal from the company that would have given them at least a $1 an hour raise each year over the five-year life of the rejected offer. The 32,000 Disney employees, members of six different unions, had been urged by their unions’ leadership to vote no. “I think the workers at Disney World have sent a loud message that $1 is not enough. The union and rank-and-file members say workers wouldn’t be able to afford to live in central Florida under the company’s offer. Those working under this contract, all of them full-time employees, represent more than 40% of all workers at Disney World.
Many prospective electric car buyers worry about an EV's range, or how far it goes on a charge. But with new battery tech and more available charging, range shouldn't be a prime factor. But some experts say that in picking the right electric car, that last question of range is becoming less important — and less helpful. That's because in reality, most drivers don't need long-range EVs. "You don't need batteries that go 800 miles when it's convenient and easy and quick to recharge every 300 miles.
The era of health insurance disruptors is over
  + stars: | 2023-02-02 | by ( ) www.businessinsider.com   time to read: +10 min
Today, they're mostly the poster children of just how challenging it is to break into the insurance industry. Clover Health; Bright Health; Oscar Health; Olivia Reaney/Business InsiderOscar, founded in 2012, and Bright, in 2015, set out to sell health plans to people buying coverage through the Affordable Care Act marketplace. Elevance Health, the parent company of Anthem health plans, is No. Health insurance remains overly complex and mind-numbingly frustrating. Established health insurers haven't been able to stem the rise in health costs, which are mostly determined by the prices for medical care.
New York CNN —Jonathan Pulliam has been working at Disney World since 2018, dressing up as everything from beloved Disney cartoon characters to Star Wars villains. Those working under this contract, all of them full-time employees, represent more than 40% of all workers at Disney World. “A dollar does not afford Disney workers with the ability to keep up with the skyrocketing rent increases. Union leadership said they hope that Disney will return to the table with a better offer once union members reject this one. Unions have represented workers at Disney World since soon after the park’s 1971 opening, but employees have never gone on strike.
Businesses hope the artificial-intelligence technology behind ChatGPT can turn ordinary chatbots into impressive fonts of information, potentially transforming customer service. But customer-experience executives said overreliance on such AI models could lead to companies dishing out incorrect information to customers online without knowing they are doing so. Some executives hope the technology that drives ChatGPT might also improve customer-service chatbots. But companies should exercise care when dealing with the new AI, Mr. Truog said. Nice is also working on building OpenAI’s language models into chatbots, Mr. Willcutts said, adding that the company plans to run more tests and fine-tune more models before selling its own take on ChatGPT to clients.
Stacy Spikes told Insider he plans to put MoviePass out of beta and make it available for all by the summer. You would think Spikes would want to run as far away as possible from the movie-ticket-subscription startup. Before Stacy Spikes created MoviePass he created the Urbanworld Film Festival. I wanted to put that down because I see so many times people approach me and think MoviePass was my first business. MoviePassThe MoviePass beta version is focused on the credits system, e-ticketing, and fixing bugsWhat have been the biggest challenges in getting this beta version of MoviePass off the ground?
DETROIT — Automakers are hopeful last year's new vehicle sales — the worst in more than a decade — will mark a bottom for the market, at least in the near term. Toyota Motor was down 9.6%, while Stellantis , Nissan and Honda Motor posted double-digit falls of 13%, 25% and 29.4%, respectively. But auto industry executives remain cautiously optimistic that sales will rebound in 2023, regardless of recessionary fears, rising interest rates and other economic concerns. Toyota and GM said they expect U.S. auto sales to increase to about 15 million vehicles this year. S&P Global Mobility and Edmunds expect 2023 new U.S. vehicle sales to be 14.8 million, while Cox Automotive's preliminary forecast is 14.1 million.
DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales despite supply chain problems. GM said Wednesday it sold 2.27 million vehicles in the U.S. in 2022, up by 2.5% over 2021, including a 41.4% increase during the fourth quarter. Toyota said it sold 2.1 million vehicles in the U.S. last year, down 9.6% from 2021. Toyota edged out GM in sales by 114,034 vehicles in 2021 – dethroning the Detroit automaker for the first time since 1931 when it surpassed Ford Motor . Jack Hollis, executive vice president of Toyota Motor North America, on Wednesday said the Japanese automaker remains focused on retail sales, which are traditionally more profitable than commercial or fleet sales.
Fast food chains are cashing in on nostalgic foods and character to draw in old and new customers. In a recession, consumers are likely to tighten their belts further, CEO and president of Kalinowski Equity Associates Mark Kalinowski told Insider. Fast food chains likely will introduce menu items "to provide the value customers want," he told Insider. The chain is explicitly promoting the new sandwich as "reigniting the chicken sandwich wars," which started with the 2019 release of the Popeyes spicy chicken sandwich. NostalgiaMcDonald'sNostalgic brands and menu items will be big in 2023, according to Yelp's predictions from data scientists and trend experts.
A Yum Brands exec said the company was "scanning categories" that don't compete with its brands. Analyst Mark Kalinowski identified 12 chains Yum Brands could target, including Sweetgreen. Habit was Yum Brands' latest acquisition — it purchased the fast-casual chain in March 2020 in a deal valued at $375 million. Zoe's Kitchen could be a buy target for Yum Brands, a veteran analyst wrote in a research note last week. "It has a market cap bigger than I would have expected, so it'd be an expensive purchase for Yum Brands."
Stores like Walmart and Best Buy will be closing their doors on Thanksgiving again this year. Here's a list of retailers that have decided to stay closed on Thanksgiving Day. AppleREUTERS/Alyssa PointerApple stores located in the US will be closed this Thanksgiving, according to a company spokesperson. NordstromJeff Greenberg/Contributor/Universal Images Group Editorial via GettyNordstrom will not be opening its doors for business this Thanksgiving, according to Forbes. PetcoEducation Images/Contributor/Universal Images Group Editorial via GettyA company spokesperson confirmed to Insider that Petco will remain closed on Thanksgiving Day.
If you redeem United Airlines miles for award flights, the United Excursionist Perk is a great way to get more from your rewards. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Our recommendation Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Best if you're not loyal to United Intro Offer Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Best United Airlines credit card for business travelers Intro Offer Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.
U.S. business equipment borrowings grew 11% in September - ELFA
  + stars: | 2022-10-25 | by ( ) www.reuters.com   time to read: +2 min
Oct 25 (Reuters) - U.S. companies borrowed 11% more in September to finance their equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday, while raising doubts over the sustainability of this growth amid slowdown fears. The companies signed up for $10.2 billion in new loans, leases and lines of credit last month, compared with $9.2 billion a year earlier, according to ELFA. ELFA, which reports economic activity for the nearly $1-trillion equipment finance sector, said credit approvals totaled 77.3%, up from 75.2% in August. The Washington-based body's leasing and finance index measures the volume of commercial equipment financed in the United States. The Equipment Leasing & Finance Foundation, ELFA's non-profit affiliate, said its confidence index in October stood at 45%, compared with 48.7% in September.
Charge your iPhone wirelesslyJust place your iPhone down on any Qi-certified charging pad, any it will immediately start charging. These phones can charge just by being set on a compatible wireless charging pad, which you can keep on your desk, bed stand, or elsewhere. There are all sorts of charging pads available, from pads that lie flat on a tabletop to stands that let your phone sit upright. If you have an older iPhone, you're technically not shut out of the wireless charging party — there are a number of wireless charging cases available. Slip your iPhone into a wireless charging case from Weluv, for example, and you can charge it anytime just by placing it on a charging pad.
Retailers like Walmart and Target are closing their stores on Thanksgiving Day again this year. The following year, Target followed suit, announcing it would be closed on Thanksgiving for good. Here's a list of retailers that have decided to stay closed on Thanksgiving Day. While a small number of employees still work on Thanksgiving Day to keep things operating smoothly, they all receive holiday pay, according to Target. PetcoEducation Images/Contributor/Universal Images Group Editorial via GettyA company spokesperson confirmed to Insider that Petco will remain closed on Thanksgiving Day.
The SEC is suing former MoviePass executives Mitch Lowe and Ted Farnsworth. The suit claims they made "false and misleading statements" about the company being profitable. In a complaint filed late Monday, reviewed by Insider, it claims that the duo made "false or misleading statements" in financial filings and in the press. Itum is accused of submitting false invoices and receiving more than $310,000 from both MoviePass and HMNY. Last June, Farnsworth and Lowe settled with the FTC and reached a $400,000 settlement with the California district attorneys.
The growth of e-commerce has opened new private equity opportunities, a top investor said. The $941 billion private equity firm took a majority stake in Supergoop last December. The investment valued Supergoop, which makes sunscreen and sun protection-focused makeup, at some $600 million to $700 million at the time, Bloomberg News reported. "What is at work here is the colossal, growing nature of private equity everywhere," said Carter Dougherty, communications director for the progressive advocacy coalition Americans for Financial Reform. Some $78 billion of that is in private equity, with the rest across real estate, hedge fund solutions, and credit and insurance, according to filings.
In-N-Out was the most disappointing of the bunch, but my overall impression of West coast fast food was still positive. I can't wait to go back. Hollis Johnson/Business InsiderDo you have a story to share about a retail or restaurant chain? Email this reporter at mmeisenzahl@businessinsider.com.
Sam's Club and Costco have very similar food courts, but Costco wins thanks to a superior hot dog, more convenient ordering and service, and delicious churros. Hollis JohnsonDo you have a story to share about a retail or restaurant chain? Email this reporter at mmeisenzahl@businessinsider.com.
The Best Photos Insider Took in 2021
  + stars: | 2021-12-23 | by ( Hollis Johnson | Crystal Cox | ) www.businessinsider.com   time to read: 1 min
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According to Brandy Melville employees, CEO Stephan Marsan wants his staffers to be young, thin, pretty, and white. But to secure their spot in the world of Brandy Melville, employees at all levels said they had to endure — and often enforce — Marsan's beliefs. Hollis Johnson/InsiderIn late September 2017, Stephenie Legros, who is Black, was nearing her first anniversary as a Brandy Melville employee. Brandy Melville USA/InstagramSeveral former employees mentioned the behavior of Longo, the brand's top executive alongside Marsan while Brandy Melville gained footing in the US. Brandy Melville USA/Instagram"Every year that goes by, the beauty standard is shifting a little bit," a Black woman who worked at Brandy Melville from 2016 to 2019 said.
Persons: Brandy Melville, Stephan Marsan, Marsan, Luca Rotondo, Rotondo, Rotondo's, texted, Stephan Marsan texted Luca Rotondo, Luca Rotondo Brandy Melville, Bella Hadid, — Brandy, , It's, Casuals, Mina Marlena, Brandy, gushed, Franco, Sorgi, Scarlett Rose Leithold, She's, Stephan, Franco Sorgi, Brandy Melville's, Brandy Melville Canada's Instagram, Instagram Sorgi, Salvatore Rianna, Yvan Marsan, Stephan's, Rianna, Yvan didn't, Yvan, accroding, Paolo Simeone, YYGM, Simeone, Jessy Longo, Hollis Johnson, Stephenie Legros, Legros, she'd, that's, Hitler, — Marsan, Matteo Centaro, Adriano de Petris, Roberto Tatti, Marsan's, it's, Brandy Melville's Instagram, Longo, Marlena, Brandy Melville Instagram, Naomi Campbell, tickling, Andrea Castagnasso, Castagnasso, She'd, Frédéric Bastiat, John Galt, Neil Saunders, Saunders, Tristram Buckley, Buckley, he's, PacSun, Abercrombie, Goldman Sachs, Michael Light, Brandy Melville doesn't, They're, they'd, Ruqayyah Moynihan Organizations: Business, Bastiat, Employees, Brandy Melville USA, Viterbo News, UCLA, New York, Franco, New York City, YYGM, Bastiat USA, Beach, Miss, Nazi, Geographic, York, New, Santa, Records Locations: Newport Beach, Italian, Newport, American, Melville, Rome, Bastiat USA, United States, Massachusetts, Canadian, Canada, Viterbo, Italy, Westwood , California, California, New, Brandy, New York, Swiss, Ontario, New York , California , Connecticut, Marsan, Brandy Melville's New York, New York City, West, Santa Monica, Hawaii, SoHo, Coachella, Longo, San Francisco, Brooklyn, Los Angeles, Iselin , New Jersey, Europe
Since then, the site has covered tech from a variety of angles, including tech company business news, tech product launch news, and tech product reviews. The Insider Reviews tech team tests and reviews tech products across all categories, including computers, phones, wearables, speakers, headphones, smart home devices, and tech accessories. How we test tech productsWe test tech products by using them every day in the real world. Meet our expert tech teamOur tech team collectively has decades of experience testing and reviewing consumer tech products. From Google's latest Pixel device to the next big smart home gadget, Antonio is on top of it for Insider Reviews.
But some consumer advocates and doctors worry that those supplements don't have as many benefits as people think. "Our gummy vitamins have been on fire," CEO Matt Farrell told investors in a July earnings call. He said that Hero Nutritionals, founded in 1995, created the first gummy vitamin for the American market. A Perrigo representative said it no longer manufactured gummy vitamins, and it did not respond to further inquiries.) But the doctor had something to admit: He takes a gummy vitamin every day.
Persons: Robert Shmerling's, who's, they're, It's, Shmerling, Chuck Bell, Charlene Elliot, Zers, sassily, you'll, Gummy, Kim Kardashian's Instagram, Matt Farrell, Andrew Stablein, it's, Hollis Johnson, Ingrid Sorensen, Sorensen, Libby Mindarino, Mindarino, Peter Waitzman, I'm, John Troup, Troup, Nutritionals, Jennifer Hodges, Hero, America's, Hodges, Bernd Settnik, Lil, gummies, Perrigo, Olly, SmartyPants, Dwight, University of Calgary's Elliot, Millennials, Gen Zers, Elliot, Lunchables, Courtney Nichols Gould, Kim Kardashian, Kylie Jenner, @sugarbearhair, Kylie 🤍, ike, alo, ike J ames Organizations: Harvard Medical School, Consumer, University of Calgary, Brands, Netflix, Big Tech, Walmart, Target, Business, Nutrition Business, . Church, Consumers, Bayer, Companies, New York Times, pharma, Consumer Healthcare Products Association, Sweet, Getty, Centers for Disease Control, Perrigo, Church, University of Calgary's Locations: Boston, America, gummy, Atlanta, Ireland, Dwight, Patagonia, osh
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