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This means there's a lag time when selling private shares, unlike stocks that can be sold within a millisecond of hitting a button. AdvertisementFinally, when a company goes public, there's a lock-up period. Depending on the platform the shares were purchased through, pre-IPO holders may still sell their shares to others within the platform, Endoso said. One example of a private AI company that recently went public in late March is Astera Labs (ALAB), which was trading near $69 as of Tuesday. 5 early-stage AI companiesAs for forward-looking AI investment opportunities with IPO prospects, Endoso pointed to five promising companies he's excited about.
Persons: , scurrying, Russell, It's, Joe Endoso, it's, Endoso, there's, Anthropic, Claude, Elon Musk Organizations: Service, Business, Venture, Cambridge Associates, Venture Capital, Securities and Exchange Commission, Astera Labs, Endoso, Bloomberg, Elon, Nvidia
McDonald’s President speaks out on inflation and pricing
  + stars: | 2024-05-29 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMcDonald’s President speaks out on inflation and pricingCNBC’s Kate Rogers on McDonald’s U.S. President Joe Erlinger’s open letter regarding inflation and the burger chain’s price increases over the years.
Persons: Kate Rogers, Joe Erlinger’s Organizations: McDonald’s U.S
New York CNN —McDonald’s has a message for America: Rumors of Big Mac inflation are greatly exaggerated. “The average price of a Big Mac in the U.S. was $4.39 in 2019,” he said. That’s an increase of 21% (not 100%).”What Erlinger wants customers to know is not that high-priced McDonald’s burgers don’t exist at all. Erlinger is fighting back because McDonald’s pricey burgers have become something of a symbol of elevated fast food prices. “It’s imperative that we continue to keep affordability at the forefront for our customers,” McDonald’s CEO Chris Kempczinski said during an April 30 analyst call.
Persons: New York CNN — McDonald’s, McDonald’s, Joe Erlinger, , , they’re, Chris Kempczinski, NOA, Erlinger nodded, , Jordan Valinsky Organizations: New, New York CNN, America, McDonald’s, Mac, , Wall Street Journal, National Owner’s Association Locations: New York, McDonald’s USA, U.S
Celina OdehShe is one of three Palestinians who received PCRF’s help to come to the US for leg injury treatment. At least 1,000 children in Gaza have had one or both legs amputated, UNICEF reported in December. Doctors feared that she may have needed both legs amputated, but with adequate care and treatment, she has avoided that outcome. An anxious wait to return homeEvacuating to the United States is not the obvious answer for all injured children, Hailat said. “We’re trying to limit how many people we bring to the United States.
Persons: Ahed, “ Ahed, Bseso, , Tareq Hailat, Celina Odeh, Joe English, , Israel —, Ahmed Damo, PCRF, PCRF Ayham, , Musalm, Hailat, Amber Alayyan, Alayyan, there’s, PCRF’s Hailat, “ We’re, malnourishment, worriedly, Organizations: CNN, Shriners Children’s, Palestine Children’s Relief, UNICEF, , Children’s Locations: Gaza, Greenville , South Carolina, United States, Israel, Chicago, Greenville
CNN —Seeking further scale in the streaming business, Disney and Warner Bros. Among other things, the collaborative effort would put the two major comic-book rivals, Disney’s Marvel and Warner Bros.’ DC, together in a cooperative venture. (Warner Bros. Disney+ has more than 100 million subscribers, while Hulu reaches another 50 million. “On the heels of the very successful launch of Hulu on Disney+, this new bundle with Max will offer subscribers even more choice and value,” Joe Earley, president of direct-to-consumer for Disney, said.
Persons: ’ Max, Disney’s, Warner, Max, ” Joe Earley Organizations: CNN, Disney, Warner Bros . Discovery, Hulu, Warner Bros, HBO, Disney’s Marvel, DC, Netflix, Max Locations: Hulu,
Ascentxmedia | E+ | Getty ImagesMany people claim Social Security retirement benefits at the earliest possible claiming age of 62. Yet recent research finds working with a financial professional does not necessarily encourage individuals to claim Social Security at later ages. Why it pays to wait to claim Social SecurityWhen Social Security retirement beneficiaries claim at age 62, their benefits are permanently reduced. As the Social Security full retirement age moves to age 67, benefits available at age 62 are even further reduced. Delaying Social Security benefits is so valuable not only because of the increase to benefits, but also the annual cost-of-living adjustments tied to inflation.
Persons: David Blanchett, Jason Fichtner, Center —, " Blanchett, Fichtner, Joe Elsasser, Elsasser, they've, Blanchett Organizations: Getty, Social, Social Security, DC Solutions, Center
Feelings of anger adversely affect blood vessel health, according to a study published Wednesday in the Journal of the American Heart Association. How 40 minutes could turn into a longer problemResearchers in this study observed three major ways that anger impacted blood vessel health, Shimbo said. First, it made it harder for blood vessels to dilate in response to ischemia, or a restriction, he said. After the eight-minute task meant to induce anger, the impacts on blood vessels were seen for up to 40 minutes, he said. Maybe there are ways — such as exercise or medication — to treat the adverse effects of anger on blood vessels, he speculated.
Persons: , Daichi Shimbo, Shimbo, Joe Ebinger, ” Ebinger, Anger, Ebinger, Brett Ford, Deborah Ashway, Ashway Organizations: CNN, American Heart Association, Columbia University, Smidt Heart, University of Toronto Scarborough Locations: New York City, Cedars, Sinai, Los Angeles, New Bern , North Carolina
Her story, including her relationship with Ryan, will continue to unfold on Gypsy Rose: Life After Lock Up, debuting this June on Lifetime." Blanchard was granted parole in December 2023 after serving eight years for her role in the death of her mother Dee Dee Blanchard, who prosecutors also acknowledged was abusive. Related stories"I said, 'I'll tell you what, if you write him, I'll write Gypsy Rose Blanchard," Anderson recounted to People. The murder of Dee Dee Blanchard followed years of alleged abuseBlanchard was sentenced to 10 years in prison in 2016 after she was found guilty of conspiring to kill her mom Dee Dee Blanchard, who was found dead in 2015. AdvertisementWhile Godejohn has said in interviews that he would kill again for the sake of Blanchard, Blanchard told People that she regrets what she did.
Persons: , Rose Blanchard, Ryan Scott Anderson, Blanchard, Anderson, , Gypsy Rose Blanchard, Ryan, Dee Dee Blanchard, Rose, Famer Bret Hart, Nick Viall's, Viall, " Blanchard, she's, Joseph Maldonado, Joe, King, she'd, he'd, I've, Rose Blanchard's, Ryan Anderson's Organizations: Service, Business, Lifetime, Chillicothe Correctional Center, Springfield News, WWE, Famer, Netflix Locations: Saint Charles , Louisiana, Chillicothe, Missouri
Read previewPriscilla Presley said she learned about her ex-husband Elvis Presley's many affairs through letters women sent to the rock 'n' roll legend. Advertisement"I said, 'Joe, I need to talk to Elvis, please.' I just really need to talk to him,'" she said before telling Esposito about the letter. Priscilla and Elvis Presley married in 1967 after she turned 21, but the pair separated in 1972 after they both had affairs. The 2023 movie, which is based on Priscilla Presley's memoir "Elvis and Me," depicted Elvis Presley as an abusive, controlling lover.
Persons: , Priscilla Presley, Elvis Presley's, Joe Esposito, Joe, Elvis, Esposito, Priscilla, Elvis Presley, Mercedes Benz, Eldorado, Davidson, Sofia Coppola, Priscilla Presley's Organizations: Service, Business, Venice Film, Harley, Office Mojo Locations: Mashantucket , Connecticut, Vegas, Venice, California
More diners are using restaurant loyalty apps to get cheap or free food. AdvertisementDiners are turning to fast-food loyalty apps for cheaper meals as years of price hikes catch up with customers. Many restaurant apps give diners points based on how much they spend, which can be redeemed for free food. AdvertisementPeople on Reddit say they're using loyalty apps to save money and get free meals. Some restaurant apps give diners points based on how much they spend.
Persons: McDonald's, , Wendy's, Taco Bell, I've, Chipotle Martin Jennings, Jennings, Warren Colehour, Sharon Zackfia, William Blair, Annie Smith, Chris Kempczinski, Joe Erlinger, Erlinger, Laxman Narasimhan, Brady Brewer Organizations: Starbucks, Service, Bell Locations: Florida, Kentucky, Canada
“World Series Champions. Bochy noted the challenges in winning one World Series, but also made reference to what the Chiefs accomplished last Sunday. Of the 169 players who became free agents after the World Series, more than half were still without a team when the week began. Molina managed Criollos de Caguas in winter ball and Puerto Rico in the recently completed Caribbean World Series. The Yankees and Brewers swapped relievers with left-hander Clayton Andrews going to New York and right-hander Johan Quezada going to Milwaukee.
Persons: , I’ve, Bruce Bochy, Bochy, Chris Young, ” Young, Shohei, Seattle’s Julio Rodríguez, Elly De La Cruz, Ian Happ, ” Happ, , NL Cy Young, Blake Snell, Cody Bellinger, Matt Chapman, Yasmani Grandal, Shintaro Fujinami, Phil Maton, Scott Alexander, Spencer Turnbull, Tommy John, Craig Counsell, Bob Melvin, Pat Murphy, Mike Shildt, Melvin, Carlos Mendoza, That’s, Stephen Vogt, Terry Francona, Ron Washington, Phil Nevin, Joe Espada, Dusty, ” Espada, I’m, ” MOLINA, Yadier, Molina, Criollos, John Mozeliak, Louis, Peyton Burdick, Burdick, Clayton Andrews, Johan Quezada, Jay Cohen, Stephen Hawkins, Marc Berman, Chuck King, ___ Organizations: Texas Rangers, , Rangers, Kansas City Chiefs, Chiefs, Los Angeles Dodgers, San Diego Padres, Dodger, Mariners, Super Bowl . Young Cincinnati, Cubs, NL, New York Mets, Philadelphia, NL Central, Chicago, Brewers, Padres, National League, American, Houston, Louis Cardinals, Puerto, ” Cardinals, Baseball, Cardinals, Marlins, Triple, The Yankees, AP Baseball Locations: Surprise , Arizona, ” Texas, Texas, Seoul, South Korea, Peoria , Arizona, Las Vegas, Goodyear , Arizona, Florida, Arizona, Pittsburgh, Tampa, Oakland, Milwaukee, San Francisco, San Diego, Cleveland, Caguas, Puerto Rico, Miami, Jacksonville, New York
TALLAHASSEE, Fla. (AP) — Carole Baskin, who became a pop culture sensation due to Netflix’s docuseries “Tiger King,” has asked the Florida Supreme Court to review an appellate court's ruling that said she isn't protected from a defamation lawsuit brought by a former assistant. Baskin last week asked the high court to reconsider its earlier denial of her appeal in the defamation case brought by Anne McQueen, a former assistant to her missing husband. A provision of the Florida Constitution and the U.S. Constitution conflicts with the appellate court's ruling, Baskin said in her filing with the Florida Supreme Court. The “Tiger King” documentary was about Joseph Maldonado-Passage, also known as “Joe Exotic,” a former Oklahoma zookeeper. Baskin also was a contestant on the show, “Dancing With The Stars” in 2020.
Persons: — Carole Baskin, , Baskin, Anne McQueen, McQueen, Joseph Maldonado, Joe Organizations: Florida Supreme, Florida Constitution, Oklahoma zookeeper Locations: TALLAHASSEE, Fla, Florida, U.S, Oklahoma
"When you see the news of a Wall Street employee or any highly paid professional dying this way, it obviously wakes you up." Wall Street is all about relationships, which often means spending big money to show people a good time. "That's been the Wall Street playbook for many, many years, and I don't think it has changed." On the other side of the coin is Wall Street, where a history of drug use can haunt working professionals for years. AdvertisementLaird thinks Wall Street firms could learn a thing or two from other industries when it comes to their response to addiction.
Persons: Rudy Giuliani, It's, Joe, I'm, Anna Lembke, Streeters, biohacking, Wall, couldn't, Rudolph Giuliani, Getty John Battaglia, Spear, Goldman Sachs, " Battaglia, Goldman, Adderall, Jaime Blaustein, Blaustein, Sylvia Brafman, Zyn, who's, JAMES ARTHUR GEKIERE Denise Shull, hasn't, Shull, , Artur Widak, they've, Ray Donovan, AGNES BUN, Battaglia, Ross Peet, Betty, Lembke, Leonardo DiCaprio, Paramount Pictures Trey Laird, Laird, Trey, That's, Peet Organizations: Business, New York Times, Wall, psychedelics, Stanford, Addiction, Mental Health Services Administration, Bettmann, Leeds, Kellogg, Sylvia Brafman Mental Health, BI, Citadel, Getty, National Institute on Drug Abuse, Credit Suisse, Traders, Bank of America, New, Betty Ford Foundation, Street, Paramount Pictures, Needham & Co, Treatment, Industry Locations: Manhattan, New York, Brussels, Silicon Valley, California, Arlington , Virginia, New York City, Bank, New Canaan , Connecticut
NEW YORK (AP) — Eddie Izzard is returning to a New York stage this winter for an ambitious version of “Hamlet.” It's ambitious because the actor-comedian will be the only one on stage. Izzard will play all the William Shakespeare parts in a one-person staging adapted by Izzard's brother, Mark, and directed by Selena Cadell. Performances at Greenwich House Theater run from Jan. 25-March 3. “You’re just at the edge of your skill set and pushing out even further.”This “Hamlet” will ask Izzard to play noblemen, women, ghosts, soldiers, courtiers, lovers and fools. Earlier this year, Izzard said she was adding Suzy to her name but would remain known as Eddie Izzard in public.
Persons: — Eddie Izzard, , Izzard, William Shakespeare, Izzard's, Mark, Selena Cadell, “ It’s, ” Izzard, “ You’re, , Cadell, Charles Dickens, of, Mick Perrin, John Gore, Victoria, Abdul ”, Judi Dench, Joe Egg ”, don’t, Suzy, Eddie Izzard, ___ Mark Kennedy Organizations: Greenwich House, Associated Press, WestBeth Entertainment, Mick Perrin Worldwide, Broadway Locations: New York, London’s, of Denmark,
But there are several thresholds workers should keep in mind, based on new numbers for 2024 that were recently announced by the Social Security Administration. If you're a worker who hopes to eventually be eligible for retirement benefits, or you're working and also receiving retirement benefits, here's what you need to know. Up to $168,600 in earnings will be taxed for Social Security in 2024The maximum taxable earnings for Social Security will rise to $168,600 in 2024, up from $160,200 in 2023. The remaining 6.2% is for Social Security and only applies to the taxable maximum, or $168,600 for next year. watch nowApproximately 6% of workers who pay Social Security taxes have earnings above the taxable maximum every year, according to the Social Security Administration.
Persons: Joe Elsasser, Elsasser Organizations: Social, Social Security Administration, Social Security, Workers, Federal Insurance, Medicare, Finance
"You only get Social Security while you're alive," said Bruce Tannahill, a director of estate and business planning with MassMutual. "People need to take into account how important Social Security is in their estate planning," said Jim Blair, vice president of Premier Social Security Consulting and a former Social Security administrator. There are some key takeaways to know about what happens to Social Security benefits in the event you or a loved one passes away. If someone receives their monthly Social Security payment and then dies, the Social Security Administration may not take the money back, according to Blair. If a deceased beneficiary was due a Social Security check or a Medicare premium refund when they died, a claim may be submitted to the Social Security Administration.
Persons: Bruce Tannahill, Jim Blair, Blair, Tannahill, Joe Elsasser, Elsasser Organizations: Getty, Social, Premier Social Security Consulting, Social Security, Finance, Social Security Administration, Security
Phillies claw back from five down to best Pirates
  + stars: | 2023-09-28 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/36] Sep 27, 2023; Philadelphia, Pennsylvania, USA; Philadelphia Phillies starting pitcher Ranger Suarez (55) throws a pitch during the third inning against the Pittsburgh Pirates at Citizens Bank Park. Mandatory Credit: Eric Hartline-USA TODAY Sports Acquire Licensing RightsSeptember 28 - Garrett Stubbs hit a three-run home run, while Bryce Harper homered and doubled twice to lead the host Philadelphia Phillies past the Pittsburgh Pirates 7-6 on Wednesday. The Phillies rallied from a five-run deficit the night after clinching a playoff berth for the second consecutive season. The Pirates went ahead 3-0 in the first after Hayes and Joe each hit RBI singles. Sosa ripped a solo homer to left and Cristian Pache added an RBI single in the bottom of the fifth as the Phillies equalized at 6.
Persons: Ranger Suarez, Eric Hartline, Garrett Stubbs, Bryce Harper, Edmundo Sosa, Orion Kerkering, Gregory Soto, Connor Joe, Ke'Bryan Hayes, Henry Davis, Jared Triolo, Johan Oviedo, Jose Hernandez, Hayes, Joe, Davis, Harper, Sosa, Rodolfo Castro, Stubbs, Jack Suwinski, Cristian Pache Organizations: Philadelphia Phillies, Pittsburgh Pirates, Citizens Bank, Phillies, Pirates, The Pirates, Philadelphia, Pittsburgh, Thomson Locations: Philadelphia , Pennsylvania, USA
McDonald's is increasing its royalty fee from 4% to 5% of gross sales for select franchisees. AdvertisementAdvertisementMcDonald's decision to increase its royalty fee for the first time in 30 years is sparking a backlash from a key franchisee advocacy group representing about 1,000 McDonald's franchisees. AdvertisementAdvertisementThe email was sent after McDonald's told operators and employees it plans to increase its monthly royalty fee, formerly called a service fee, from 4% to 5% of gross sales. McDonald's told Insider on Monday that the "claim that McDonald's is getting rid of services simply isn't true." The royalty fee hike comes as McDonald's plans to increase its new unit growth.
Persons: , McDonald's, NOA, Joe Erlinger Organizations: Service, National Owners Association, CNBC
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
New York CNN —For the first time in about 30 years, McDonald’s is increasing its royalty fee for new franchise operators in the US and Canada. Franchises are a key part of McDonald’s business, with roughly 95% of all McDonald’s locations operated by franchise operators. Operators pay a royalty rate to use McDonald’s brand and for access to its expertise. In 2018, McDonald’s franchise operators formed their first-ever advocacy group, the National Owners Association. And while other chains struggle to bring more customers into restaurant locations, McDonald’s is reporting growth in US traffic.
Persons: , Justin Sullivan, Joe Erlinger, We’re, Chris Kempczinski, Ian Borden Organizations: New, New York CNN, Getty Images Company, CNN, National Owners Association Locations: New York, Canada
McDonald's is increasing royalty fees for new restaurants by 25% from January. The burger giant is set to increase its monthly royalty fees from 4% to 5% of gross sales for new restaurants opened by franchisees, starting January 1, CNBC first reported. McDonald's is also changing the name of the charge from service fee to royalty fee. McDonald's currently charges a 5% royalty rate "in all owned markets, except for the US and Canada," the company said in another memo to franchisees. AdvertisementAdvertisementMcDonald's first set its service fee at 1.9% in 1955.
Persons: McDonald's, Joe Erlinger Organizations: Service, CNBC Locations: Wall, Silicon, Canada, McDonald's
Gavin Newsom's office, also creates a nine-person council that will decide on future wage hikes for the fast-food industry in California through 2029. The deal will mean a wage floor of $20 for California workers at fast-food chains with at least 60 locations nationwide, starting April 1. The council will include four representatives from the fast-food industry, four from the workers' side and one neutral party who will serve as chair. But the fast-food industry was attacking the bill before it even made its way to Newsom's desk. Fast-food workers employed by affected restaurants will see pay increases of as much as 25% hit their paychecks starting in April.
Persons: Mario Tama, Gavin Newsom's, Mark Kalinowski, Newsom, Joe Erlinger, Erlinger, Jan, What's, Joe Pawlak, Technomic, they'll, Joe Pawlak Technomic, Pawlak, Mary Kay Henry, it's, Sean Kennedy, Burger Organizations: Getty, Gov, Equity Research, Democrat, FAST, Yum Brands, Restaurant Brands, McDonald's, Citi Research, Service Employees International Union, SEIU, California State, CNBC, Walmart, Target, Food, National Restaurant Association, Delta Airlines, Los Angeles International Airport Locations: Boyle, Los Angeles , California, California, McDonald's U.S, Minnesota, New York,
Fadel Senna/AFP/Getty Images People mourn earthquake victims in Moulay Brahim, Morocco, on September 9. Fadel Senna/AFP/Getty Images A resident navigates through the rubble in Marrakech, Morocco on September 9. Fadel Senna/AFP/Getty Images A woman looks at the rubble of a building in Marrakech, Morocco on September 9. Fadel Senna/AFP/Getty Images A damaged vehicle sits in a street in Marrakech, Morocco on September 9. Abdelhak Balhaki/Reuters Residents take shelter outside following the earthquake in Marrakech, Morocco on September 9.
Persons: Mohamed Aithadi, Morocco’s King Mohammed VI, King Mohammed VI, Fadel Senna, Moulay, Said Echarif, Abdelhak Balhaki, Mosa'ab, Mohammed, , Joe English, Al Hoceima Organizations: Marrakech CNN —, Geological Survey, Reuters, Moroccan Royal Armed Forces, Getty, Anadolu Agency, AP, CNN, UN’s, Fund, UNICEF, , United, World Health Organization Locations: Marrakech, medina, Moroccan, Morocco’s, Marrakech’s, Tafeghaghte, AFP, Moulay Brahim, Morocco, Amizmiz, Al Haouz province, Fatima, Asni, Ouirgane, Moulay, France, United Arab Emirates, Algeria, Turkey, Al, Agadir
Moyo Studio | E+ | Getty ImagesSocial Security benefits provide retirement income for millions of Americans. Myth 1: Claiming early is bestNegative headlines may scare people into claiming as early as possible to get the most benefits. Eligibility for Social Security retirement benefits starts at age 62. Myth 4: Social Security benefits are not taxedThanasis | Moment | Getty ImagesThe misperception that Social Security benefits aren't taxed is "perhaps the biggest myth of all," said Mary Johnson, Social Security and Medicare policy analyst at The Senior Citizens League. That includes the sum of your adjusted gross income, nontaxable interest and half of your Social Security benefits.
Persons: that's, Joe Elsasser, Elsasser, Laurence Kotlikoff, Bruce Tannahill, there's, Kotlikoff, Tannahill, Mary Johnson, Anna Frank Organizations: Social Security, Social, Security, Boston University, Senior Citizens League . Social Security
Barbara Alper/Getty ImagesDrag has become increasingly visible in recent years through mainstream shows like “RuPaul’s Drag Race” and popular public events such as drag brunches, drag bingo and drag queen story hours, in which drag performers read children’s books to young audiences, often at libraries. Some trans drag queens who received hormone injections were “strongly deplored by stage impersonators who (said) that the whole point of female impersonation depends on maleness,” Newton wrote. But “Drag Race” has also skewed viewers’ definition of drag – no drag kings have ever competed on the series, Testa noted, and the judges have long imposed somewhat traditional beauty standards upon contestants. Pickle reads from a book during the Drag Queen Story Hour program at a Los Angeles library in 2019. These lawmakers falsely claim that drag performers “groom” or sexualize children, of which there is also no evidence.
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