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☆ Coup juntas threaten to quit West Africa bloc: Here’s what it means for the region — and Russia
▼ + stars: | 2024-02-08 | by ( Elliot Smith | ) www.cnbc.com time to read: +9 min

ACCRA, Ghana - ECOWAS flag with member flags at the second extraordinary summit on the political situation in Burkina Faso, in Accra, Ghana, on February 3, 2022. OUAGADOUGOU, Burkina Faso - Jan. 20, 2023: A banner of Russian President Vladimir Putin is seen during a protest to support the Burkina Faso President Captain Ibrahim Traore and to demand the departure of France's ambassador and military forces. Mali has ruled out leaving WAEMU, while Burkina Faso is considering it. "Mali, Burkina Faso and Niger will likely draw on the extractive sector to improve their weak economies. A recent UN Development Programme report surveyed 5,000 people who had directly experienced a recent coup or unconstitutional change of government, including citizens of Burkina Faso, Chad, Guinea, Mali and Sudan.

Persons: NIPAH DENNIS, Bola Tinubu, Vladimir Putin, Captain Ibrahim Traore, Alex Vines, there'd, Tinubu, Ouattara, —, Vines, Mucahid Durmaz, Verisk Maplecroft, Durmaz, Balima Boureima, insurgencies, Wagner, Niger, specter, Mohamed Bazoum, Rey Byhre Organizations: Getty, Economic, West African States, ECOWAS, Nigerian, Africa, Chatham House, CNBC, Algeria —, West, Cote D'Ivoire, Anadolu Agency, Getty Images, Wagner Group, West African Economic, Monetary Union, CFA, National Council for, UN Locations: ACCRA, Ghana, Burkina Faso, Accra, AFP, Mali, Niger, Sahel, Mauritania, OUAGADOUGOU, Chatham, France, Nigeria, Côte d'Ivoire, Algeria, Malian, Russia, Bamako, Mucahid, West Africa, Togo, Benin, Cote, NIAMEY, NIGER, Niamey, West, U.S, Moscow, WAEMU, Seme, Chad, Guinea, Sudan, The Gambia, Tanzania, Kati

☆ My small Scottish city was in a Marvel movie, and it's now a filming hot spot. Living on a set is getting annoying.
▼ + stars: | 2024-02-08 | by ( Bethany Gemmell | ) www.businessinsider.com time to read: +4 min

My town was a filming location for several scenes in "Avengers: Infinity War," and it wasn't uncommon to stumble upon a set. AdvertisementNow, Edinburgh seems to be a hot spot for film crews. But, as a resident, the luster of celebrity sightings and film crews is starting to wear off. In this small city, the stunt immediately raised alarm bells. The small city has been greatly impacted by the attention from Hollywood.

Persons: —, Wanda, Vision's, Bethany Gemmell, Captain America, there'd, Marvel, Guillermo Del Toro's, I've, it's Organizations: Marvel, Service, University of Edinburgh, Waverley, Edinburgh Fringe Locations: Edinburgh, Scotland, Bethany, London, Hollywood

☆ A fund manager who has beaten 99% of his peers over the last decade breaks down how he finds value investments where others don't, and the 2 sectors he's looking for opportunities in this year
▼ + stars: | 2024-02-03 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Consistently beating the competition over a decade and a half is a sign that Bill Nygren is worth listening to. Instead, he uses good old-fashioned value investing techniques that have proven reliable for decades, even as they've evolved. Nygren added: "It's clearly not a value stock, but when you make those adjustments it sells at less than a market multiple. Advertisement2 sectors to invest in right nowThe average investor would be forgiven for looking around the market right now and struggling to find value. Advertisement"And I think value investors have been a natural home for a lot of the financial industry because the industry's typically traded at something like three-quarters of the S&P multiple," Nygren said.

Persons: Bill Nygren, Nygren, there'd, you've Organizations: Oakmark, Oakmark Fund, Business, Big Tech, Capital, Intercontinental Exchange, American International Group, AIG

☆ Trump is being accused of angrily throwing things — again
▼ + stars: | 2024-02-03 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Donald Trump is being accused of throwing documents in a fit of rage during a deposition. Former White House aide Cassidy Hutchinson also said Trump has angrily launched items. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump is once again being accused of throwing things in a fit of rage, but this time it's by attorney Roberta Kaplan. According to Kaplan, Trump asked her, "'Well, you're here in Mar-a-Lago.

Persons: Donald Trump, Roberta Kaplan, Cassidy Hutchinson, Trump, —, E, Jean Carroll, Trump —, Alina Habba, Kaplan, Alina, George Conway, Sarah Longwell, White, Hutchinson, Mark Meadows, Bill Barr, " Hutchinson, Jimmy Kimmel Organizations: White House, Service, Trump, ACN, Kaplan, Business, Trump Chief Locations: Mar

☆ Starbucks customers are placing bigger orders than they ever have before
▼ + stars: | 2024-01-31 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Starbucks customers at US stores are spending more per order than ever before, execs said Tuesday. Ruggeri attributed the record ticket sizes to the specific products customers picked, rising menu prices, and the number of customizations they added to their beverages. Starbucks' cold foam, which generally costs $1.25, is its most popular add-on, company executives said last summer. A record number of Starbucks orders — around 30% — are now placed via its app, and its US delivery business has grown nearly 80% year-over-year, Narasimhan said on Tuesday. Store efficiency also increased, Ruggeri said, with a record number of items made per labor hour.

Persons: execs, —, Rachel Ruggeri, Ruggeri, didn't, Laxman Narasimhan, Food, Narasimhan, there'd, bakes Organizations: Service, Business, Starbucks Locations: China, Gaza

☆ Moneyball-Plus: What Happens When Investors Treat Athletes Like Startups
▼ + stars: | 2024-01-28 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +27 min

What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.

Persons: They're, Michael Schwimer, —, Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida

☆ Trump claimed his E. Jean Carroll defamations were the best thing that ever happened to her. Here's how the grotesque tactic met its end.
▼ + stars: | 2024-01-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

AdvertisementE. Jean Carroll surrounded by her defense team after winning an $83 million defamation verdict against Donald Trump. That's because "such benefits are irrelevant as a matter of law," Carroll attorney Joshua Matz wrote to Judge Kaplan. Donald Trump attends the E. Jean Carroll defamation trial in New York with attorney Alina Habba. Carroll attorney Joshua Matz thought not. In her closing arguments, Habba, Trump's lead attorney, argued that Carroll "is a woman who was exuberant and enjoying newfound attention."

Persons: —, Donald Trump, Jean Carroll, — hasn't, Carroll, Brendan McDermid, Kathy Griffin, Alina Habba, Habba, Alyssa Milano, Jamie Lee Curtis, Rob Reiner, she'd, I've, Lewis Kaplan, Trump, Kaplan, deducting, Freeman, Giuliani, Rudy Giuliani, — Ruby Freeman, Wandrea, Moss —, Joshua Matz, Judge Kaplan, Gross, Jane Rosenberg, Michael Madaio, Madaio, Lewis Kaplan Jane Rosenberg, Matz, " Matz, he'd, There'd, Seth Wenig, Roberta Kaplan —, Donald Trump's, she's, Trump's, Jean Carroll's, Carroll's, Shawn Crowley Organizations: Service, Business, Carroll, US, Trump, Trump haters, Reuters Locations: Florida, York, Manhattan, Georgia, New York, United States

☆ I moved to the middle of Canada, where the affordable healthcare is great, but the closest city is 2 hours away and I can't find anything cheap on Amazon
▼ + stars: | 2024-01-19 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

Leslie Redmond, 37, moved to Winnipeg, Canada, from Alaska in 2022. There's a really big Ukrainian population and a really big Polish population. So there are a lot of flavors and foods that are really ubiquitous up here that I wouldn't have had in the States. That was the case across Canada — and across the US — but I think that's kind of slowed down a little bit now. I would say Winnipeg is pretty equivalent to Alaska, but Alaska is higher than what you would find in the lower 48.

Persons: Leslie Redmond, —, It's, I've, Redmond, I'd, Justin Reitsma, they're, it's Organizations: Service, of Agricultural, Food Sciences, University of Manitoba Locations: Winnipeg, Canada, Alaska, There's, States, North Dakota, Vancouver, Quebec, Yukon, we're, Grand Forks, Target, there's, Manitoba, Redmond, oceanside

☆ Kate Middleton and King Charles' candid hospital announcements reveal how much the royal family has changed
▼ + stars: | 2024-01-18 | by ( Maria Noyen | Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Read previewKensington Palace and Buckingham Palace alerted the public Wednesday that Kate Middleton and King Charles III are dealing with separate health conditions. The announcements' swift timing and candid nature are a sharp departure from the monarchy's usual approach to sharing major health updates. Kate Middleton during the opening of Evelina London's new children's day surgery unit on December 5, 2023, in London. Related storiesSchiffer said the news would've inevitably resulted in another royal PR disaster if the palace had kept Kate or Charles' condition private. As an example, Schiffer referenced the palace's vague health announcements during Queen Elizabeth II's final years.

Persons: —, Kate Middleton, King Charles III, Kate, Charles, Eric Schiffer, Kelcey, it's, Ian Vogler, Kintner, King Charles ', Wales, Schiffer, would've, Queen Elizabeth II's, Buckingham, Queen Elizabeth II, Prince Philip's, Victoria Jones, King Charles, Prince Harry, Meghan Markle, Megan, Harry Organizations: Service, Palace, Business, PR, Windsor Castle Locations: London, Windsor

☆ We're a month into the Ultimate World Cruise that's taken over TikTok, and the drama we were promised may actually be about to materialize
▼ + stars: | 2024-01-10 | by ( Sirena Bergman | ) www.businessinsider.com time to read: +9 min

It's the most viral vacation ever taken — the Royal Caribbran Ultimate World Cruise. Viewers anticipated explosive drama in the days following the cruise's departureAs early as December 11, the first full day on the ship, passengers began sharing their experiences. Advertisement"I guarantee there's going to be love, fun, excitement, and drama," said cruise follower Bad YaYa in the first of at least 24 videos she's created for her Ultimate World Cruise playlist. Stories from aboard the cruise began to emergeMore and more passengers — or, as some have called them, "cast members" — began posting on TikTok. Ultimate World Cruise followers also discovered the Facebook group where those who had already signed up for the cruise had been communicating (hosted by Royal Caribbean, the group boasts 438 members).

Persons: —, it's, Kara Harms, CruiseTok, Bad YaYa, she's, Angie Linderman, Joe Martucci, TikTokers, who's, Anthony McWilliams, recapper, @uksecrettravel, TikTokers breathlessly, Adita, stirrer, Marc Sebastian, Sebastian Organizations: Service, Business, Royal, New York Times, Facebook, Royal Caribbean, USA Locations: Miami, Royal Caribbean, TikTok, Brazil, Uruguay

☆ I regretted buying a home and now live out of 2 suitcases in a $60-a-night Airbnb. I've finally found my freedom, but it's not for everyone.
▼ + stars: | 2024-01-04 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

I had to resort to an iBuyer to sell the house quickly and get out, which meant I lost $100,000. There's an account called Living Big in a Tiny House that I always found fascinating. I always just thought, "That's a nice idea, but I'm not really into the RV lifestyle." I'm staying here for 30 days, and then I have another Airbnb lined up on the west side of Los Angeles. If you're someone who's able to work remotely and who loves freedom, I think this is really the way to go.

Persons: Stella Guan, Guan, —, I've, I'd, I'm, it'll, hasn't, It's Organizations: Service Locations: Los Angeles, LA, Washington, New York City, Europe, Asia, Balkans, Albania, Serbia, Bosnia, Montenegro

☆ The 2024 box office is a franchise frenzy — at a time when audiences are feeling IP fatigue
▼ + stars: | 2024-01-02 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

Mean girls, Spider-Women and sandworms will headline the 2024 box office — and they'll have to do some heavy lifting. Yet, it's unclear if a return to these stories will lure audiences in the new year. Even before Hollywood was disrupted by writers' and an actors' strikes, halting production and delaying some releases, 2024 was expected to be a tumultuous year. After the Covid-19 pandemic, the domestic box office has struggled to fully regain audiences even with tempting titles from major franchises. "Sometimes an industry has to take two steps backwards before going forward again," said Jeff Bock, senior box office analyst at Exhibitor Relations.

Persons: Denis Villeneuve's, It's, Jeff Bock Organizations: Warner Bros, Disney, Universal, Paramount, Bad, Hollywood, Relations Locations: what's

☆ Jennifer Jason Leigh on 'Fargo,' 'Fast Times,' 'Hateful Eight' & Most Famous Roles
▼ + stars: | 2023-12-14 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +8 min

Jennifer Jason Leigh knows how to make an entrance. Juno Temple as Dorothy "Dot" Lyon and Jennifer Jason Leigh as Lorraine Lyon in "Fargo" season five. Phoebe Cates and Jennifer Jason Leigh in "Fast Times at Ridgemont High." On the enjoyable experience of getting punched by Kurt RussellKurt Russell and Jennifer Jason Leigh in "The Hateful Eight." On losing out on Catwoman — and the other role that got awayJennifer Jason Leigh as Sadie Flood in "Georgia."

Persons: Jennifer Jason Leigh, Lorraine Lyon, Leigh, she's, Daisy Domergue, Quentin Tarantino's, Hedy Carlson, Sadie Flood, Noah Hawley's, Dot, Juno Temple, Dorothy, Lyon, Michelle Faye, Temple, Phoebe Cates, Julia Roberts, Stacy, Kurt Russell Kurt Russell, Kurt Russell, Kurt, I'd, Catwoman —, Miramax You've, Tim Burton, Michelle Pfeiffer, I've, there's, There'd Organizations: Business, Juno, Lorraine, TWC, Miramax, Miami, Hulu Locations: Minnesota, Hollywood, Georgia, Fargo, Dot, Ridgemont

☆ I lost 100 pounds in a year by making 3 simple changes. Now I'm the active single dad I've always wanted to be.
▼ + stars: | 2023-12-04 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

He made a New Year's resolution to lose weight so that he could become a more active dad. 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 . I'm a tall person, at 6-foot-4, but it wasn't enough of an excuse to weigh between 330 and 340 pounds. In common with a lot of people, my New Year's resolution was to lose weight and get in shape.

Persons: Todd Baker, —, Noah, Macy, I'm, I'd, Baker, he's, I've, it's Organizations: Service, Business Locations: Denver, Bahamas, Arapahoe

☆ I imagined spending my 2-week van trip in scenic campgrounds. The reality was sleeping in parking lots at Cracker Barrel and Walmart.
▼ + stars: | 2023-11-29 | by ( Monica Humphries | ) www.businessinsider.com time to read: +4 min

Sleeping outside Walmart and Cracker Barrel was free, convenient, and a true taste of van life. AdvertisementA Cracker Barrel parking lot full of RVs. Sure enough, in the review section of Google, plenty of people mentioned sleeping successfully in the parking lot at the Flagstaff Cracker Barrel. AdvertisementThe Cracker Barrel sign through the author's windshield. Knowing that so many other people were spending the night in the same parking lot was comforting.

Persons: —, Ram, Joshua, Monica Humphries, Williams, van Organizations: Walmart, Service, Google Locations: Colorado, Joshua Tree, California, Walmarts, Williams , Arizona, Jerome , Arizona, Williams, KOA, Flagstaff, RVs

☆ Israeli hostages feared they were about to be executed when they were led out of Gaza's tunnels for release
▼ + stars: | 2023-11-26 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +2 min

Hostages were scared they'd be killed when they were moved from the tunnels they were being held in. One hostage told her family they only realized they were being freed when they saw Red Cross buses. When the hostages were led out of the tunnel, they feared they were about to be executed, Mayan Moshe said. AdvertisementVideo footage on the Dailymail.com showed Hamas members and Red Cross workers leading Moshe and the other hostages out of buses during the first release of Israeli hostages on Friday. Hamas released 13 Israeli and four Thai hostages on Saturday, the IDF said, in the second exchange of captives.

Persons: they'd, there'd, —, Adina Moshe, Moshe, Nir Oz, REUTERS Moshe, Mayan Moshe, Moshe's, Ayan Nouri Organizations: Service, Hamas, Israel Defense Forces, The, Reuters, REUTERS, Times, Red Cross, Guardian Locations: London, Israel

☆ I'm a supercommuter and it takes me 14 hours to get to and from work. I do it because I'm passionate about the job, but it's stressful when things go awry.
▼ + stars: | 2023-11-20 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Mercier books his commuting flight only a day in advance with his airline. People don't really think of that, but it's kind of like your office when you're up there for hours and hours. Courtesy of Malick MercierI knew that flight attendants say commuting is basically a second job, and it does require a lot of work. But it's super cool that it's a flexible job because I'm able to travel for work, and then I learn so much about the country. AdvertisementI think I'd keep commuting as long as I was this passionate about it — I think that's what it comes down to.

Persons: Malick Mercier, Mercier, —, it's, that's, It's, I've Organizations: Service, Los Angeles International Airport, LAX, New York, JFK Locations: Los Angeles, New York City, supercommuting, TikTok, New York, Salt Lake City, Utah, Aruba, New, Guatemala, JFK, LA, Long, Long Beach, Salt, Plenty

Tayyip Erdogan's first visit to Germany since 2020 comes ahead of municipal elections at which he hopes to win back the cities of Ankara and Istanbul. Erdogan will also need Chancellor Olaf Scholz's blessing if he is to buy the 40 Eurofighter Typhoon warplanes Turkey said on Thursday it wanted. In a sign of the visit's importance, Scholz took pains not to respond directly to Erdogan's loud condemnation of Israel's war against Hamas, in which many thousands of Palestinians have been killed. The response was decidedly mild given the fierce condemnation that far more muted criticisms of Israel typically draw in Germany, traditionally one of Israel's closest allies. Germany has expressed strong solidarity with Israel, while urging a focus on limiting the impact of the war on Gaza's civilians.

Persons: Tayyip Erdogan's, Erdogan, Olaf Scholz's, Scholz, Israel's, Israel, Aydin Yasar, It's, Thomas Escritt, Alexandra Hudson Organizations: Trade, European Union, Eurofighter Typhoon, Airbus, Hamas, German, SWP, NATO, Alexandra Hudson Our, Thomson Locations: Germany, Turkey, Gaza, BERLIN, Moscow, Ukraine, Berlin, Ankara, Istanbul, Israel, Turkish, Stockholm, Greece, Europe

☆ Awkward Allies: Gaza Overshadows Erdogan's Germany Visit
▼ + stars: | 2023-11-16 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +4 min

Tayyip Erdogan's first visit to Germany since 2020 comes ahead of municipal elections at which he hopes to win back the cities of Ankara and Istanbul. In a sign of the visit's importance, Scholz took pains not to respond directly to Erdogan's loud condemnation of Israel's war against Hamas, in which many thousands of Palestinians have been killed. The response was decidedly mild given the fierce condemnation that far more muted criticisms of Israel typically draw in Germany, traditionally one of Israel's closest allies. Germany has expressed strong solidarity with Israel, while urging a focus on limiting the impact of the war on Gaza's civilians. With some three million people with Turkish roots in Germany such encounters are always fraught, but now the risk was judged too great.

Persons: Thomas Escritt BERLIN, Tayyip Erdogan's, Erdogan, Olaf Scholz's, Scholz, Israel's, Israel, Aydin Yasar, It's, Thomas Escritt, Alexandra Hudson Organizations: European Union, Eurofighter Typhoon, Airbus, Hamas, German, SWP, NATO Locations: Moscow, Ukraine, Germany, Berlin, Ankara, Istanbul, Turkey, Israel, Gaza, Turkish, Stockholm, Greece, Europe

The Minnesota Vikings and the Las Vegas Raiders are proof that major midseason upheaval doesn't necessarily mean it's time to start aiming for the draft instead of the playoffs. I know what it was like to learn this in three weeks and have to get on the field," Risner said. “I know a lot of nicknames per se, but name names, that’s for this week, that’s the assignment for this week," he said. The Raiders became the first team since 2009 to score fewer than 20 points on offense in each of the first eight games of the season. “So if that’s the case," Gronkowski said, "I think Josh McDaniels comes back as offensive coordinator in New England, that’s for sure.”There'd be no Brady waiting for him this time.

Persons: Kirk Cousins, Joshua Dobbs, Jaren Hall, Dalton Risner, “, bro, Risner, Dobbs, Antonio Pierce's, Josh McDaniels, Pierce, McDaniels, Davante Adams, he'd, I’ve, Dave Ziegler, Mick Lombardi, Jimmy Garoppolo, Bill Belichick's, Tom Brady, Belichick, Brady, Al Groh, Bill O'Brien, Nick Saban, Brian Flores, Brian Daboll, Joe Judge, Matt Patricia, Romeo Crennel, Eric Mangini, Derek Carr, Tyson Bagent, Jay Glazer, Glazer, Rich, Jon Gruden, Billy O’Brien, ”, Rob Gronkowski, Adams, O'Brien, Gronkowski, that’s, There'd, Dave Campbell, Mark Anderson, ___ Organizations: Minnesota Vikings, Las Vegas Raiders, Vikings, Atlanta, Minnesota, AFC, New York Giants, Giants, Raiders, NFL, Jets, Texans, Dolphins, Las, Super, Las Vegas, Chicago, Detroit, Fox Sports, Patriots, Penn State, AP Pro Football, AP Locations: Arizona, New England, Las Vegas, Denver, New Orleans, Garoppolo, Las

☆ A bullish portfolio manager shares why there won't be a recession as GDP growth reaccelerates — and names 8 stocks set to benefit from strong consumer spending
▼ + stars: | 2023-10-27 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

"Based upon the economic data that I've seen and what you read and hear about, I do not expect there to be a recession," Pounardjian said in a recent interview with Insider. And what happens, of course — there's not a recession," Pounardjian said. 8 ways to bet on strong consumer spendingWhile many of his fellow portfolio managers ditched stocks, Pounardjian stayed calm last year and kept his clients' money in markets. "The baby gets thrown out with the bathwater, and the market shoots first and asks questions later," Pounardjian said of consumer stocks. Below are eight stocks in the consumer staples sector that are held by Pounardjian, his clients, or both.

Persons: Razmig Pounardjian, Pounardjian, We've, There's, it's, Derek Thompson Organizations: Bulls, Carnegie Investment, The

☆ The rise and fall of pharma bigwig Rite Aid, which couldn't keep up with rivals Walgreen and CVS
▼ + stars: | 2023-10-16 | by ( Nidhi Pandurangi | Grace Dean | ) www.businessinsider.com time to read: +5 min

Rite Aid filed for voluntary Chapter 11 bankruptcy on Sunday following slumping sales and a series of lawsuits. Rite Aid, which has over 47,000 employees, has struggled in recent years to compete against larger peers like CVS and Walgreens Boots Alliance, as well as Amazon. Rite Aid has faced growing competition from direct-to-consumer pharmacy startups as well as medication deliveries from the likes of Amazon and Uber. Rite Aid also experienced supply chain challenges after changing supplier for many of its perishable consumer goods and shrink "continued to be a significant headwind," Burr said. Representatives for Rite Aid did not immediately respond for Insider's request for further comment beyond sending statements about Stein's appointment and its Chapter 11 bankruptcy filing.

Persons: it's, —, Jeffrey S, Stein, Elizabeth Burr, Heyward Donigan, Donigan, Burr, there'd Organizations: Service, Rite, Walgreens Boots Alliance, Rite Aid, pharma, Aid, Discount, Rite Aid Corporation, PayLess, Walgreens, Albertsons, New York Times Locations: New Jersey, Scranton , Pennsylvania

☆ Donald Trump serving as House speaker would be chaos for the legislature and misery for the embattled former president
▼ + stars: | 2023-10-05 | by ( Madison Hall | ) www.businessinsider.com time to read: +7 min

Even if he gets immense GOP congressional support to become speaker, Trump also appears like the very last person who'd even want the position. US President Donald Trump speaks in the Brady Briefing Room at the White House in Washington, DC on November 5, 2020. AdvertisementAdvertisementAs president, Trump was free to hire and fire staffers, counsel, and his cabinet at any point he wanted. As a speaker but not a member of Congress, Trump would have literally no ability to vote on any pieces of legislation. Let's imagine, for a minute, that Trump's both interested in the position and can somehow manage to convince GOP members to take McCarthy's spot.

Persons: Kevin McCarthy, —, they've, Sen, John Fetterman, Marjorie Taylor Greene, Greg Steube, Troy Nehls, Donald Trump, Greene, she's, Bud, there's, Trump, BRENDAN SMIALOWSKI, he'd, David McNew, Sean Casten, he's, Newt Gingrich, it's Organizations: Trump, Service, Republican, GOP, Republican Party, White, Getty, California GOP, Democratic, Republican Conference, Congress Locations: New York, Brady, Washington , DC, AFP, California, Los Angeles , California

☆ Trump would throw food against the wall once or twice a week, former White House aide Cassidy Hutchinson says
▼ + stars: | 2023-10-05 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Cassidy Hutchinson said Trump used to throw food against the wall at least once or twice a week. The former White House aide also said Trump would sometimes flip the tablecloth. AdvertisementAdvertisementFormer White House aide Cassidy Hutchinson said that Donald Trump would throw food against the wall once or twice a week as president. "Lyin' Cassidy said that I threw my lunch at the wall," Trump wrote at the time. AdvertisementAdvertisementHutchinson also told Kimmel that Trump had a fear of being poisoned that affected his eating habits.

Persons: Cassidy Hutchinson, Trump, Hutchinson, Jimmy Kimmel, —, Donald Trump, Mark Meadows, William Barr, Rudy Giuliani, Lyin, Cassidy, Kimmel, Heinz Organizations: White House, Service, Trump Locations: New

☆ Insurers are seeking a way to make money from your climate change travel anxiety
▼ + stars: | 2023-10-04 | by ( Ellen Sheng | ) www.cnbc.com time to read: +3 min

More travel and disrupted travel plans have meant more interest in travel insurance, which covers trip cancellation, lost luggage and delays. "The baseline of normal has changed significantly," said Jeff Rolander, vice president of claims at Faye Travel Insurance. More travelers seeking out trip insuranceConsumers are reacting to increasingly extreme and unpredictable natural disasters by more often opting into travel insurance. According to Squaremouth.com, a travel insurance quoting and comparison engine, the travel insurance market has grown significantly since 2020, when travel came to a halt. But increased delays due to extreme weather are also contributing to the growth.

Persons: Jeff Rolander, Squaremouth.com, Nick Lazzari Organizations: Faye Travel Insurance Locations: Rhodes, North America, Mexico

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