DIRS.INFO The most relevant business & tech news

☆ Here are Thursday's biggest analyst calls: Apple, Nvidia, Roku, Meta, Oracle, Broadcom, Micron & more
▼ + stars: | 2024-09-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Wells Fargo initiates Blackrock as overweight Wells Fargo said the asset manager is well positioned. " Bernstein reiterates Nvidia & Broadcom as top ideas Bernstein said both stocks remain top picks at the firm and that margin fears are overdone. Bernstein reiterates Oracle as a top idea Bernstein said it sees "increasing revenue growth" for Oracle. " Morgan Stanley reiterates Amazon, Alphabet and Meta as overweight Morgan Stanley said the three internet giant's are well positioned in the ad market. Morgan Stanley reiterates Apple as overweight Morgan Stanley named Apple to its Vintage Values list as a stock to own for the next 12 months.

Persons: Wells, Wells Fargo, Stephens, Bernstein, Blackwell, Morgan Stanley, Goldman Sachs, Goldman, Jefferies, McDonald's, it's, Wolfe, Apple, Raymond James Organizations: Simon Property Group, SPG, Blackstone, Apollo, TPG, SF, APO, Blackrock, Nvidia, Broadcom, Oracle, Bank of America, Diageo, of America, Barclays, TAM, CTV, FedEx, UBS, Costco, " Bank of America, Apple, Micron

☆ Here are Tuesday's biggest analyst calls: Apple, Costco, Nvidia, Palantir, Broadcom, Tesla, Amazon, Meta & more
▼ + stars: | 2024-09-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

"We launch coverage of GE Aerospace with an Outperform rating, target price $201." (ELF) with a Buy rating and a 12-month price target of $175 per share." "We initiate with a Buy rating on Harmony , a commercial stage biotech focused on CNS [central nervous system] disorders." "We are initiating coverage of ProKidney Corp. (PROK) with a BUY rating and $6 price target." We are initiating coverage with a BUY rating and $600 price target."

Persons: Morgan Stanley, Apple, Tesla, it's, Bernstein, Riley, Wolfe, Stryker, BUD, JMP, Redburn, BTIG, Palantir, Goldman Sachs, Nutrien, Goldman, Cantor Fitzgerald, Cantor, Melius, Johnson, Guggenheim, it's bullish, D.A, Davidson, Meta Organizations: Apple, Apple Intelligence, Intelligence, Deutsche Bank, Deutsche, GE Aerospace, GE, Inc, Anheuser, Busch InBev, Oracle, Costco, Equity, Haemonetics, Plasma Solutions, Blood Center, Hospital Care Solutions, " Bank of America, Bank of America, UBS, Amazon, Harmony Biosciences, NTR, Nvidia, Broadcom, Johnson, Johnson Controls, ProKidney Corp

Ceasar Bacarella v. Prime HydrationThe issue: In this case, Caesar Bacarella, the Florida-based owner of a line of sports supplements and apparel called Alpha Prime and protein brownies called Prime Bites, accuses Prime of trademark infringement. Hi-Tech Pharmaceuticals v. Prime HydrationThe issue: In a trademark suit filed in June, Hi-Tech Pharmaceuticals, a Kentucky-based company, accused Prime Hydration of "unfair competition" and "infringement." What's next: Prime filed a motion to dismiss, which the judge granted on several technicalities. AdvertisementRefresco Beverages US v. Congo Brands and Prime HydrationThe issue: Refresco Beverages, a bottler for Prime, filed a lawsuit in Delaware against Prime Hydration and its parent company, Congo Brands. US Olympic & Paralympic Committee v. Prime HydrationThe issue: The Olympics committee alleges the company used various Olympic trademarks reserved for its beverage sponsor, Coca-Cola.

Persons: —, Logan, KSI, Refresco, Agrovana, Prime's, Paul, Howard Telford, Read, forbearance, What's, Castillo, Elizabeth Castillo, they're, dink, Ceasar, Caesar Bacarella, Kennedy, mislabeling, hasn't, Kevin Durant Organizations: Service, Business, Bloomberg, Agrovana, Alpha, Tech Pharmaceuticals, Nutrition, Energy, Centers for Disease Control, Refresco, Congo Brands, Google, Paralympic Locations: Massachusetts, NielsenIQ, Euromonitor, United States, California, Florida, Kentucky, New York, Delaware, Congo, Chancery, Philadelphia, Colorado

Despite the gloom about grocery costs, food price increases have generally been cooling for months. A central issue has plagued the Biden administration for most of its term: the steep rise in grocery prices. Despite the gloom about grocery costs, food price increases have generally been cooling for months. Image Several economists said they expected to see grocery inflation remain around current rates in the coming months. Grocery inflation remains a major political issueHigh food costs continue to pose a political challenge for the Biden administration.

Persons: Biden, Donald J, Trump, ”, David Ortega, Ortega, “ We’re, Mr, Jessica Attie, Omair Sharif, Sharif, Kamala Harris, Christopher B, Barrett, Jerlyn, “, Heisz Organizations: Bloomberg, Federal Reserve, Investors, Republican, White, Workers, Michigan State University, The New York Times, Agriculture Department, KPMG, Democratic, PepsiCo, Cornell University Locations: Ukraine, Platteville, Wis

☆ Researchers want to combine an ancient technology with clean energy to save over $1 trillion worldwide
▼ + stars: | 2024-08-13 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

And switching these major manufacturers to cleaner sources of energy, like wind and solar, would help significantly. Batteries are one option, but some scientists think an ancient technology, firebricks, is a cheaper and easier solution. Advertisement"It's a way to heat firebricks to a blazingly hot temperature," he said. Rondo said its system reduces CO2 emissions and lowers the cost of energy because it requires less electricity than hydrogen fuel. AdvertisementForsberg said one of the biggest benefits of the newer firebrick technology is that it updates processes many industries have in place.

Persons: They're, they've, Charles Forsberg, Forsberg, there's, Mark Jacobson, Jacobson, Joey Kabel, Dan Stack, It's, Rondo Organizations: Service, Business, Solutions, Boston Globe, MIT, Stanford University Locations: Kentucky, California

☆ No food or beverage company will admit GLP-1s hurt them at all, says Jim Cramer
▼ + stars: | 2024-08-12 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo food or beverage company will admit GLP-1s hurt them at all, says Jim Cramer'Mad Money' host Jim Cramer looks at the topics companies are avoiding right now.

Persons: Jim Cramer

☆ Cramer points out current economic issues some companies are ignoring
▼ + stars: | 2024-08-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday said a variety of companies, to their detriment, won't admit they're hurting due to certain ongoing economic trends. "If they'd just own up, I think they'd earn a lot of credibility for themselves, leading to higher stock prices down the line. Cramer pointed to Jack Daniels maker Brown-Forman , which missed estimates during its most recent quarter and is down about 23% year to date. Cramer also mentioned peer spirit company Diageo , which saw sales decline in its most recent quarter and is down more than 14% year to date. According to Cramer, few companies have lowered prices since they raised them during the Covid-19 pandemic.

Persons: CNBC's Jim Cramer, Cramer, Jack Daniels, Brown, Forman, they'll Organizations: Diageo, Costco, Walmart, Enterprise

☆ Logan Paul's Prime supplier is suing the energy drink company for $68 million, accusing it of cutting ties as demand cratered
▼ + stars: | 2024-08-06 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Refresco accuses Prime of failing to order the required amount during the first year of the contract, incurring a penalty payment. It's not the only lawsuit Prime is facing. In late April, a class-action lawsuit was filed accusing the brand of mislabeling the amount of caffeine in each drink. Prime filed a motion to dismiss the lawsuit. A similar lawsuit filed in 2023 was voluntarily dismissed.

Persons: —, Logan Paul —, Refresco, Paul, Ksi, It's, Sen, Chuck Schumer, they're, dink Organizations: Service, Business, Bloomberg, Refresco, Olympic, Paralympic, Games, USA Locations: Delaware, United States

☆ Why Americans are snubbing McDonald’s and Starbucks
▼ + stars: | 2024-07-31 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —On the surface, it looks like Americans are laying off the Big Macs, booze and even — gasp! On Monday, McDonald’s reported sales fell 0.7% in the US from the same period in 2023. The once reliably cheap McDonald’s pushed its prices up, while sit-down restaurants leaned into value and convenience. Applebee’s, for one, made a direct pitch to the hordes of ticked-off McDonald’s customers who felt the chain had abused its pricing power. Now, McDonald’s is trying to win back poorer customers while appealing to more affluent customers who want something new.

Persons: CNN Business ’, McDonald’s, Johnny Walker, It’s, it’s, they’re, ”, RJ Hottovy, Jonathan Maze, I’m, —, Chili’s, “, Taylor Swift Organizations: CNN Business, New York CNN, Starbucks, Diageo, Restaurant Business, Dine Brands, CNN Locations: New York, United States, North America, Texas, Paris

☆ Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
▼ + stars: | 2024-07-25 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

In this photo illustration, cans of Dr Pepper soda are displayed on June 03, 2024 in San Anselmo, California. Keurig Dr Pepper reported quarterly earnings and revenue that met analysts' expectations on Thursday as higher prices fueled its U.S. soda sales. Excluding items, Keurig Dr Pepper earned 45 cents per share. Keurig Dr Pepper's U.S. refreshment beverages division, which includes Snapple, Canada Dry and Sunkist, reported sales growth of 3.3%. Dr Pepper also recently overtook Pepsi as the second-most consumed soda in the U.S., trailing only Coca-Cola , according to Beverage Digest.

Persons: Pepper, Dr Pepper, Dr Pepper's, Keurig Dr Pepper's Organizations: LSEG, Pepsi, Beverage Digest Locations: San Anselmo , California, Snapple, Canada, U.S

☆ Stocks making the biggest moves premarket: American Airlines, Honeywell, RTX, Ford and more
▼ + stars: | 2024-07-25 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

Southwest reported 58 cents in adjusted earnings per share on $7.35 billion of revenue. Analysts surveyed by LSEG were looking for a profit of 51 cents per share on $7.32 billion in revenue. RTX reported $1.41 earnings per share, ex-items, compared to analysts' estimate of $1.30 per share, according to LSEG. KLA reported adjusted earnings of $6.60 per share, higher than analysts' expectations of $6.15 per share, according to LSEG. Ford reported adjusted earnings per share of 47 cents, significantly less than the consensus forecast of 68 cents, per LSEG.

Persons: oversupply, overshadowing, AbbVie, Dow, LSEG, Northrop Grumman, Dr Pepper, ServiceNow, CJ Desai, Molina, FactSet, Edwards, Ford, —, Yun Li, Jesse Pound, Christina Cheddar Berk, Fred Imbert Organizations: Airlines —, American Airlines, Honeywell —, Southwest Airlines —, Hasbro, IBM, Northrop, LSEG, Nasdaq, KLA Corporation, U.S . Army, Molina Healthcare, Technology, Ford, Viking Therapeutics Locations: LSEG

☆ Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more
▼ + stars: | 2024-07-23 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

General Motors — The auto stock jumped 4.6% after General Motors easily topped second-quarter estimates. The aerospace company posted second-quarter earnings of $6.85 per share on revenues of $18.12 billion. NXP Semiconductors — Shares dropped 7% after NXP Semiconductors reported second-quarter earnings that missed estimates. Danaher — The life sciences stock jumped 6% after Danaher posted second-quarter earnings and revenue that exceeded expectations. Zions Bancorporation — Shares gained 3% after Zions Bancorp posted second-quarter earnings that exceeded expectations.

Persons: General Motors, Lockheed Martin, LSEG, Danaher, Rainer Blair, Zions, CNBC's Hakyung Kim, Jesse Pound Organizations: Technology, Spotify Technology, General, General Motors, GM, Lockheed, Cola, NXP Semiconductors, United Parcel Service, UPS, Holdings, Crown Holdings, Zions Bancorp, LSEG, GE Aerospace, Comcast —, Comcast Locations: China

☆ Trump's New Jersey liquor-license hearing is delayed in latest ripple-effect benefit from SCOTUS immunity opinion
▼ + stars: | 2024-07-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Read previewThe drinks will keep flowing at Donald Trump's New Jersey golf courses, at least for now, in the latest ripple-effect benefit from this month's Supreme Court presidential-immunity opinion. The hearing is being pushed back due to the delay in Trump's sentencing in his hush money case, officials explained. AdvertisementNothing else about "ABC's process" has changed, the spokesperson said, signaling that their efforts to challenge Trump's licenses have not ended. AdvertisementAs Business Insider revealed last month, Trump's three Jersey liquor licenses are in his eldest son's name. Trump has said in a press statement that none of the liquor licenses at his properties are in his own name.

Persons: —, Donald Trump's, it's, Friday's, Pine Hill —, Trump, Matthew J, Platkin, Donald J, SCOTUS Organizations: Service, Trump National Bedminster, Trump National Golf Club, New, New Jersey Office, Business, Alcoholic Beverage Control, ABC, Bedminster, Colts, Trump National Philadelphia —, Trump Revocable Trust, Trump, Manhattan Locations: Donald Trump's New Jersey, Colts, New Jersey, Manhattan, Pine Hill, Jersey, Florida

☆ Right-wing media figures blame women in Secret Service and ‘DEI’ for security failure in Trump shooting
▼ + stars: | 2024-07-17 | by ( Hadas Gold | ) edition.cnn.com time to read: +11 min

But one narrative has quickly taken hold in parts of the right-wing media ecosystem: The security failure was the result of workforce diversity initiatives and women working as Secret Service agents. Matt Walsh, a far-right media personality, wrote a series of posts on the social media platform X assailing the notion of women working as Secret Service agents. “There should not be any women in the Secret Service. “Female agents were also among those guarding Trump’s armored SUV as it prepared to depart the scene,” said Campbell. Associations that represent women in law enforcement reacted to the unfounded attacks on female agents with disappointment and alarm.

Persons: Donald Trump, Kimberly Cheatle, Trump, Matt Walsh, ”, Walsh, Josh Campbell, “, Campbell, Barbara Riggs, Riggs, Elon Musk, Laura Ingraham, ” Riggs, Eric Trump, CNN’s Jake Tapper, Cheatle, Joe Biden’s, ” Cheatle, Cheatle’s, Tim Burchett, Kamala Harris, Dan Ball, Cheatle “, Republican Sen, Ron Johnson, they’ve, CNN’s Whitney Wild Organizations: New, New York CNN, Service, Trump, CNN, Equity, Fox News, PepsiCo, CBS, Tennessee Republican, Republican, Senate Homeland Security, Washington Post, Women, Enforcement, International Association of Women Police, National Association of Women, Research Locations: New York, Pennsylvania, Trump, Baltimore

☆ Watch out: These stocks reporting next week are primed for earnings blowups
▼ + stars: | 2024-07-17 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

The first full week of earnings kicked off earlier this week, with results from some of the biggest banks on Monday and Tuesday. Its estimated EPS for the current quarter has fallen more than 16% to 94 cents a share. The stock has been under pressure during this stretch, dropping 11.6% in the past three months as of Tuesday's close. Southwest Airlines made the list after receiving 28 downward EPS revisions, resulting in a consensus estimate that fell 35.1% in the three months. Last month, Charlotte-based steelmaker Nucor cut its second-quarter earnings guidance , a major factor behind analysts' 21 earnings estimate cuts over the past three months.

Persons: postmarket, Elliott, Bob Jordan, Gary Kelly Organizations: United Airlines, Netflix, CNBC, Starbucks, Southwest Airlines, Elliott Management, Dominion Freight, Intel Corp Locations: Dallas, Charlotte, Nucor

☆ Here's why the cooler consumer inflation we wanted flipped the stock market on its head
▼ + stars: | 2024-07-11 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

It also gave investors the green light to rotate out of this year's tech winners and into rate-sensitive stocks. In other words, we're right back to the market expecting as many as three cuts by the end of the year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer, toolmaker Stanley Black, Decker, Jim, Price, That's, We've, we've, Jim Cramer's, Eric Thayer Organizations: Federal Reserve, CNBC, PPI, Walmart, Costco, PepsiCo, CPI, U.S, Nasdaq, Jim Cramer's Charitable, Aldi, Bloomberg, Getty Locations: Alhambra , California

☆ Silkworm satay? Singapore approves insects as food
▼ + stars: | 2024-07-09 | by ( Heather Chen | ) edition.cnn.com time to read: +2 min

Singapore’s state food agency (SFA) has approved 16 species of edible insects for sale and consumption in the country, according to a July 8 public circular addressed to food traders. Insects approved by the SFA include locusts, grasshoppers, mealworms and several species of beetle. “Insects are an overlooked source of protein and a way to battle climate change,” according to a 2022 report by the World Economic Forum. Live insects are commonly sold in Singapore as food for pets like songbirds and reptiles, but they could be a new and exciting option for human diners. “As the insect industry is nascent and insects are a new food item here, SFA has developed an insect regulatory framework which puts in place guidelines for insects to be approved as food,” SFA said.

Persons: nasi lemak, ”, Grasshopper tacos Organizations: CNN, SFA, ” SFA, World Economic, Grasshopper Locations: Singapore, Mexico, Thailand, Cambodia

☆ A Texas Gen Xer explains why he regrets going to college in his 40s
▼ + stars: | 2024-07-09 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Read previewIn 2018, at age 40, Kenneth Ferraro decided to pursue a college degree for the first time. Ferraro, who's based in Texas, had worked as a truck driver for decades, he told Business Insider via email. The perceived benefits of a college degree have led more Americans to go back to school later in life. Related storiesFerraro shared the biggest challenges he's faced in his job search, including why he thinks having a college degree has sometimes worked against him. While having a college degree improved his credentials, he thinks his age has held him back in the job market.

Persons: —, Kenneth Ferraro, Ferraro, who's, Ferraro's, he's, it's, " Ferraro, wasn't Organizations: Service, Business, New York University, Bureau of Labor Statistics, National Center for Education Statistics, New York Fed Locations: Texas

☆ Starbucks' plan for stock gains includes more than just discounts and value combos
▼ + stars: | 2024-07-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

He needs to execute better," Jim Cramer stressed, referring to Starbucks CEO Laxman Narasimhan, during the Investing Club's June Monthly Meeting . Then in mid-June, Starbucks launched its limited-time "Pairings Menu," which includes a $5 coffee-and-croissant combo and a $6 coffee-and-breakfast-sandwich deal. Order up Jefferies' Barish also raised questions about Starbucks' menu innovations, arguing its updated drink options are not driving sales as much as hoped. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: it's, Jim Cramer, Laxman Narasimhan, Jim, Rachel Ruggeri, Burger King, Jefferies, Andy Barish, Barish, TD Cowen, Cowen, Edward Lewis, Lewis, they're, Narasimhan, Ruggeri, Berry, Long, We've, Jim Cramer's, Spencer Platt Organizations: Starbucks, Taco Bell, Street, CNBC, Getty Locations: North America, Israel, Gaza, China, Burger, Manhattan, New York City

☆ JPMorgan says the drop in this beer stock is overdone and calls it a buying opportunity
▼ + stars: | 2024-07-05 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Constellation Brands could be poised for a breakout after a 3% sell-off Wednesday and a lukewarm first half of 2024, according to JPMorgan. Shares of the beer maker are ahead almost 4% in 2024, lagging the broader market. JPMorgan analyst Andrea Teixeira said the sell-off was "unjustified" and noted that the recent pullback could present a buying opportunity for investors to capture potential margin improvement thanks to stronger beer sales. STZ YTD mountain Constellation Brands shares in 2024. Constellation Brands, home to beer brands Modelo Especial and Corona, is the largest domestic beer importer.

Persons: Andrea Teixeira, Teixeira Organizations: Constellation Brands, JPMorgan, Constellation, Modelo Especial Locations: Corona

☆ Shohei Ohtani: How one man has brought a new wave of Japanese tourists to LA
▼ + stars: | 2024-07-04 | by ( Natasha Chen | ) edition.cnn.com time to read: +9 min

And with 12 new Japanese sponsors, Japanese-language stadium tours and new Japanese menu items, the Dodgers are making the most of the Ohtani effect. A mural showing Los Angeles Dodgers player Shohei Ohtani is painted on the side of the Miyako Hotel in Little Tokyo in downtown Los Angeles. “He’s just a phenomenal individual, right?” said Judy Clow, who brought her brother from Japan to a Japanese-language tour at Dodger Stadium. My gosh!”Shohei Ohtani warms up before a preseason game against the Los Angeles Angels at Dodger Stadium on March 24, 2024. Some of the six new Japanese-language tour guides at Dodger Stadium actually worked at Angels Stadium previously, serving the same fans.

Persons: There’s, Takayo Hizume, CNN it’s, Shohei, Robyn Beck, ’, Hizume, Ohtani, Los Angeles –, Akira Yuhara, ” Yuhara, swindling, “ He’s, ”, Judy Clow, Harry, Christine Gerriets, ” Gerriets, Kay Ponak, Norma Galeana, CNN Mihana Hayashi, takoyaki, Hayashi, Nanoha, “, giveaways, Stan Kasten, ” Kasten, Kasten, Robert Vargas, Vin Scully, ” Vargas, “ Ohtani, Adam Burke, Hiroko Hinata, Natasha Chen, CNN Yuhara, Miyako, Don Tahara, Shania Baweja, Jason Kravarik Organizations: Los Angeles CNN, Dodgers, Ohtani’s, CNN, Angeles Dodgers, Getty, Dodger, Los Angeles Angels, Angels, Daiso, Toyo, Far, Los, Los Angeles Tourism, LA Tourism, Ohtani's Dodgers, Far Bar Locations: Japan, Los Angeles, California, Pacific, Miyako, Little Tokyo, AFP, –, South Korea, Southern California, LA, Anaheim, guacamole, Nagoya, Asian, Japanese

☆ Gen Z wants flavorful drinks. Here’s how Big Beer is trying to attract them
▼ + stars: | 2024-07-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +7 min

That’s a problem for Big Beer, which is dealing with flat sales, declining volume and a fickle generation of younger drinkers who are completely ditching the bottle or preferring anything but a regular beer. It’s a non-carbonated drink because “bloating that may come from carbonation is considered a top barrier” for younger drinkers and the trend of “decarbonizing” drinks is blowing up on the app. Last year, it acquired Blue Run Spirits, a cult favorite high-end bourbon and rye whiskey brand, in light of US spirit sales surpassing beer sales. Its aptly titled “Beyond Beer” category is currently a $1.5 billion part of its global business and is helping attract younger, legally aged drinkers. Despite younger drinkers’ hesitance with buying beer and flat sales, Big Beer companies aren’t facing an existential threat.

Persons: youngs, Gen, NIQ’s Kaleigh Theriault, “, ” Theriault, Gallo, Mark Anthony Brands, Miller, flavorful, TikTok Constellation, Corona, ”, Saúl Trejo, TikTok, Molson Coors, Molson, ” NIQ’s Theriault, Bud Light, seltzer, Jason Lowrie, it’s, Bud, Bud Light Seltzer, Dylan, ’, “ Young, ” Bryan Roth Organizations: New, New York CNN — Beer, CNN, Beverages, Big Beer, Molson Coors Beverage Company, Modelo, Constellation Brands, Anheuser, Busch InBev, TikTok, Corona, Corona Refresca, Molson Coors, Molson, “ Suppliers, Busch, Feel Goods Company Locations: New York, Corona, carbonation

☆ Inside Starbucks' plans to improve stores for customers and baristas
▼ + stars: | 2024-07-01 | by ( Kate Rogers | ) www.cnbc.com time to read: +5 min

At the heart of the plan is Starbucks' "Siren Craft System," a series of processes that aim to make baristas' jobs easier and speed up service times for customers. Starbucks said more than 10% of its 10,000 stores have already implemented the system, which includes changing the production order for hot and cold drinks. Starbucks reported rates of incomplete mobile app orders in the mid-teens and said occasional customers came in less. Losing customers because of slow orders and other store frustrations could cost Starbucks at a particularly vulnerable time. The company plans to train existing workers for the role or potentially add new baristas, if needed.

Persons: Beata Zawrzel, Laxman Narasimhan, Katie Young, Peter Saleh, Young, Howard Schultz, Narasimhan, Schultz, Macoy McGlaughlin, Walker, we're, McGlaughlin, Baristas Organizations: Starbucks, Nurphoto, Getty, CNBC, Workers Locations: Krakow, Poland, North America

☆ Trump's NJ golf club liquor licenses are in Jr.'s name. Hiding behind his son isn't helping as the state moves to revoke.
▼ + stars: | 2024-06-28 | by ( Haven Orecchio-Egresitz | Laura Italiano | ) www.businessinsider.com time to read: +7 min

Read previewThe liquor licenses for Donald Trump's three New Jersey golf courses are in his eldest son's name, not his own, according to records obtained by Business Insider. But hiding behind Donald Trump, Jr. isn't enough to protect the elder Trump. Donald Trump, Jr.'s signature on the most recent liquor license for his father's golf course in Bedminster, NJ. New Jersey attorney general's office/BIThe last time Trump almost lost all three of his New Jersey licenses was in 2021. The law firm that handles Trump's New Jersey liquor licenses did not respond to phone calls and emails requesting comment.

Persons: —, Donald Trump's, Donald Trump , Jr, Trump, Pine Hill , New Jersey —, Matthew J, Platkin, Donald J, prospers Trump, Peter M, Rhodes, Cahill, Wilinski, Joyce, Donald Trump, general's, Cooper, Trump's, Gurbir S, Grewal, William Fay, Fay Organizations: Service, Business, Trump National Bedminster, Trump National Golf Club, Trump National Philadelphia —, Pine, general's, Alcoholic Beverage Control, Trump, ABC, Trump Revocable Trust, Trump's New, Trump Organization, White, Trump Org, Court, New, New Jersey Licensed Beverage Association, LLCs, BI, Colts, Trump's Locations: New Jersey, Pine Hill , New Jersey, Jersey, Bedminster, NJ, United States, , New Jersey, Trump's New Jersey, New York , Georgia, Washington, DC, Florida, York, New York, Haddonfield , New Jersey, Bedminster , NJ . New Jersey, Trump's

☆ Arizona Iced Tea founder explains why he's bucked the inflation trend and never raised its iconic 99-cent price in 32 years
▼ + stars: | 2024-06-27 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

The iconic 23-ounce cans of Arizona Iced Tea still sell for 99 cents after 32 years. Arizona founder Don Vultaggio told Today he doesn't want to raise prices on consumers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDon Vultaggio, the cofounder and CEO of the company behind Arizona Iced Tea, still sells his product for the same price as when it launched 32 years ago — 99 cents. Arizona's signature big cans of iced tea were a quick success, and Vultaggio still runs the company to this day with the help of his sons.

Persons: Don Vultaggio, —, Vultaggio Organizations: Arizona Iced, Service, Arizona, Business Locations: Arizona, New York

Search resuls for: "Beverage Co"

25 mentions found