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☆ Follow Warren Buffett's comments and all the action at Berkshire Hathaway's annual meeting: Live updates
  + stars: | 2023-05-06 | by ( Christina Cheddar Berk | ) www.cnbc.com   time to read: +1 min
Watch the 2023 Berkshire Hathaway annual shareholders meeting via CNBC's livestream in English or Mandarin or read about it here throughout the day. The CHI Health Center in Omaha, Nebraska, is welcoming tens of thousands for Berkshire Hathaway 's annual meeting on Saturday. The main event begins on Saturday when Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger take the stage at 10:15 a.m. If previous gatherings are any guide, there will be a lively conversation about a wide range of topics. To prepare viewers for the main event, CNBC will begin its coverage at 9:45 a.m.
☆ Watch CNBC's full interview with Dairy Queen CEO Troy Bader
  + stars: | 2023-05-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Dairy Queen CEO Troy BaderDairy Queen CEO Troy Bader joins CNBC's Becky Quick at the Berkshire Hathaway annual meeting to talk the impact of inflation, franchise growth, and the price of Dilly Bars.
☆ Dairy Queen CEO Troy Bader: Pricing has jumped 11% over two years due to inflation
  + stars: | 2023-05-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDairy Queen CEO Troy Bader: Pricing has jumped 11% over two years due to inflationDairy Queen CEO Troy Bader joins CNBC's Becky Quick at the Berkshire Hathaway annual meeting to discuss the impact of inflation, franchise growth, and more.
☆ World food prices rise for first time in a year, UN food agency says
  + stars: | 2023-05-05 | by ( ) www.reuters.com   time to read: +2 min
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 127.2 points last month against 126.5 for March, the agency said on Friday. "As economies recover from significant slowdowns, demand will increase, exerting upward pressure on food prices," said FAO Chief Economist Maximo Torero. While the meat index rose 1.3% month-on-month, dairy prices dipped 1.7%, vegetable oil prices fell 1.3% and the cereal price index shed 1.7%, with a decline in world prices of all major grains outweighing an increase in rice prices. World cereal utilisation in the 2022/23 period was seen at 2.780 billion tonnes, FAO said, down 0.7% from 2021/22. World cereal stocks by the close of the 2022/2023 seasons are expected to ease by 0.2% from their opening levels to 855 million tonnes.
☆ Why Warren Buffett is so keen on Japan's versions of Berkshire Hathaway
  + stars: | 2023-05-05 | by ( Tim Hornyak | ) www.cnbc.com   time to read: +9 min
But Warren Buffett added a spark in April when he visited Japan to announce that Berkshire Hathaway boosted its investment in Japanese trading houses to 7.4%. Buffett said the five — Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui, and Sumitomo Corp. — are comparable to Berkshire itself. Samurai roots for Buffett's Japanese stocks The five trading firms that Berkshire has invested in are the biggest of Japan's so-called sogo-shosha, or general trading companies. Today, Japan's trading companies derive most of their revenue from non-trade activities. Shosha: The Big Five Mitsubishi The largest of Japan's trading companies is Mitsubishi Corp. , set up in 1954.
☆ I tried a site where AI matched me with someone based on my 'hotness' rating. It's really messed up.
  + stars: | 2023-05-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com   time to read: +5 min
Hot Chat 3000 is a dating website where AI determines your "hotness" using huge datasets. When a user enters Hot Chat 3000, they're asked to upload a picture of themselves as electronic music hums in the background. "Hot Chat 3000 very deliberately sets out to expose, visualize, exacerbate these biases," the site says. Which is to say that no one should take their Hot Chat 3000 "hotness" score seriously. There are no names in the world of Hot Chat 3000; instead, everyone is identified by their score.
☆ Factbox: Warren Buffett, Berkshire Hathaway at a glance
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +8 min
[1/2] Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan/File PhotoMay 4 (Reuters) - Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett's Berkshire Hathaway Inc (BRKa.N). Susan Buffett and Howard Buffett are Berkshire directors. His Berkshire stock will go to philanthropy after he dies. (Interview with CNBC, April 12, 2023)Abel on Berkshire managers' relationship with him: "It's not the same as working for Warren.
☆ Kraft Heinz lifts profit outlook on price hikes, easing costs
  + stars: | 2023-05-03 | by ( Aatrayee Chatterjee | ) www.reuters.com   time to read: +2 min
(Reuters) -Kraft Heinz Co raised its full-year profit forecast on Wednesday on the back of higher prices and sustained demand for its packaged food items as raw material costs, which have plagued the industry, also ease. FILE PHOTO: A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese and a bottle of Kraft Original Barbecue Sauce on a grocery store shelf in New York March 25, 2015. REUTERS/Brendan McDermid/File PhotoShares of the Philadelphia Cream Cheese maker were up 3.9% in early trading after it also reported better-than-expected quarterly results. The strong outlook echoes comments from peers PepsiCo Inc and Mondelez, who have also lifted annual forecasts supported by price increases. Excluding one-off items, Kraft Heinz earned 68 cents per share, topping analysts’ estimate of 60 cents per share, according to Refinitiv IBES data.
☆ Shake Shack is rolling out new plant-based menu items made using AI, including dairy-free shakes and veggie burgers
  + stars: | 2023-05-03 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +3 min
Shake Shack is launching three plant-based menu options this week. The new items include a veggie burger and two desserts with recipes designed by AI. The fast food chain is rolling out a new Veggie Shack burger, non-dairy chocolate shake, and non-dairy frozen custard this week, each designed using AI. The new veggie burger was "born out of testing many different veggie burger iterations" and includes "mushrooms, sweet potatoes, carrots, farro, and quinoa, topped with American cheese, crispy onions, pickles and ShackSauce," Shake Shack said in a statement. NotCo also makes it own line of products including NotMilk, NotBurger, and NotChicken, and the new Shake Shack milkshake options use the company's non-dairy milk.
☆ The King Has Definite Ideas About Food. But Will Britain Dig In?
  + stars: | 2023-05-02 | by ( Kim Severson | ) www.nytimes.com   time to read: +1 min
British supermarkets are brimming with packages of coronation cupcakes, hoppy coronation ale and coronation crisps seasoned to taste like king prawn cocktail. There are even Jack Russell-themed cakes in honor of the king and queen consort’s rescue dogs, Bluebell and Beth. King Charles III and Queen Camilla lean heavily on fruit and vegetables, preferably organic and from their own gardens. To lower his carbon footprint, the king goes vegetarian two days a week, and gives up dairy on another. The Obamas planted a vegetable garden and used it to to promote local food and healthier school lunches.
☆ Mystery Gas Leak in India Leaves at Least 11 Dead
  + stars: | 2023-04-30 | by ( Sameer Yasir | ) www.nytimes.com   time to read: +1 min
At least 11 people were killed and almost as many injured after a gas leaked in the northern Indian state of Punjab on Sunday. Officials had sealed off a section of in the city of Ludhiana and were evacuating residents as they tried to identify the gas and determine the source of the leak. All the victims were found near three businesses in the Giaspura industrial district — a dairy store, a grocery store and a clinic. Among the dead were two children, local news media reported. She said she saw about half a dozen people lying unconscious on the street near the dairy store.
☆ Celebs like Aubrey Plaza and Emma Roberts are getting slammed for Big Milk ad campaigns: 'I thought we left the cow milk propaganda in the 90s'
  + stars: | 2023-04-29 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +4 min
Actor Aubrey Plaza took heat after starring in a campaign that mocked plant-based milk with the fake brand "Wood Milk." Social media users have been quick to call out Plaza, as well as others like Emma Roberts, for recent collaborations with Big Milk. "Is Wood Milk real? "Only real milk is real." Only dairy milk is real milk.
☆ Warren Buffett eats McDonald's for breakfast, drinks 5 Cokes a day, and devours cookies and ice cream. Here are the investor's 11 best quotes about his iconic diet.
  + stars: | 2023-04-29 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +5 min
The famed investor and Berkshire Hathaway CEO counts burgers, hot dogs, and ice cream among his favorite foods. He munches on McDonald's for breakfast, guzzles five cans of Coke every day, and demolishes cookies and chocolates. If a three-year-old doesn't eat it, I don't eat it." If I'd been eating broccoli and Brussels sprouts all my life, I don't think I'd live as long. "I don't eat any Chinese food.
☆ Top diets for heart health, according to American Heart Association
  + stars: | 2023-04-27 | by ( Sandee Lamotte | ) edition.cnn.com   time to read: +6 min
But which diet best meets the dietary guidelines of the American Heart Association? In a new scientific statement, leading experts in nutrition ranked 10 popular diets on their ability to meet the AHA’s evidence-based dietary guidance for heart health, published in 2021. “The American Heart Association says no one should drink alcohol if they haven’t started,” Gardner said. Aimed at doctorsWhile people concerned with heart health can and should use the new AHA ranking of the 10 diets, the scientific statement was written for physicians, Gardner said. Top diets for heart health are predominately plant-based, the AHA statement says.
☆ Stew Leonard Sr. Dies at 93; Founded ‘Disneyland of Dairy Stores’
  + stars: | 2023-04-27 | by ( Sam Roberts | ) www.nytimes.com   time to read: +1 min
Stew Leonard Sr., a folkloric retailer who expanded his namesake stores into merchandising meccas replete with petting zoos and mechanical singing farm animals, died on Wednesday at a hospital in Manhattan. Mr. Leonard opened his original store in Norwalk, Conn., in 1969 as a destination that promised fresh milk because it was built around a bottling plant. “You’d have to own a cow to get it sooner,” his advertisements proclaimed. Bryan Miller described it in The New York Times as the “Disneyland of Dairy Stores”; “Ripley’s Believe It or Not” called it the “World’s Largest Dairy Store”; and it earned a place in the Guinness World Records for having the highest dollar sales per square foot of selling space. In 2015, Business Insider praised Kroger’s customer loyalty program and Wegmans’s walk-in beer locker, but it concluded that anyone who had ever set foot in Stew Leonard’s “knows it is miles above the rest.”
☆ Inside a tub of Ben & Jerry's, Unilever's costs surge
  + stars: | 2023-04-27 | by ( Richa Naidu | Thomson Reuters | London-Based Reporter Covering Retail | ) www.reuters.com   time to read: +2 min
"It's principally around the costs of labour, logistics and energy and what our suppliers see in their own production bases," finance chief Graeme Pitkethly said. On Thursday, Unilever said it had raised prices by 10.7% in the first quarter. "People are looking towards the second half of this year for some relief in costs - we'll see if that actually plays out," Richard Saldanha, a fund manager at Unilever and Nestle investor Aviva, said. "Clearly these companies are still displaying a pretty decent ability to push pricing ... Unilever is able to manage what is still a very elevated cost environment." Reporting by Richa Naidu Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
☆ Danone raises 2023 sales outlook after price hikes boost Q1
  + stars: | 2023-04-26 | by ( Dominique Vidalon | ) www.reuters.com   time to read: +1 min
PARIS, April 26 (Reuters) - Danone (DANO.PA) raised its 2023 sales growth outlook after it reported higher-than-expected first-quarter revenue on Wednesday, as the world's largest yoghurt maker was able to raise prices in the face of high raw materials and energy costs. Danone, maker of Activia yoghurt, Evian water and Aptamil infant milk said it expected like-for-like 2023 sales growth of between 4% and 6%, having previously forecast 3-5% growth. Danone said sales rose 10.5% like-for-like to 6.96 billion euros in the first quarter, beating expectations for 7.3% growth in a company-compiled consensus of 18 analysts. Danone, like its rivals Nestle (NESN.S) and Unilever (ULVR.L), has increased prices to cope with surging commodities and supply chain costs but faces a challenge when it comes to the extent of price hikes before even affluent shoppers decide enough is enough. Danone increased its prices by 10.3% during the quarter while sales volume remained positive, up 0.2%.
☆ It’s Bready. It’s Cheesy. It’s One of Kenji López-Alt’s Favorite Breakfasts.
  + stars: | 2023-04-26 | by ( J. Kenji López-Alt | ) www.nytimes.com   time to read: 1 min
The first time I tasted changua, a dairy-rich Colombian soup, my wife, Adri, a Bogotana from the heart of changua country, grimaced as I swirled the golden yolk of a poached egg through some half-melted cheese. She pulled a sour face as I sopped up the milky broth, seasoned with cilantro and green onions, with a chunk of bread. She pretended, I think, to suppress a gag as I ate it and continued until I finished. Changua, an Andean soup of Muisca origin, has a divided audience in its home departments of Cundinamarca and Boyacá. (An informal poll I took in the group chat I share with my Colombian in-laws showed a near-perfect split between changua lovers and haters, as did a poll I took on Instagram.)
☆ Opinion | Peter Singer: The Simplest Way to Change the Planet’s Fate
  + stars: | 2023-04-22 | by ( Peter Singer | ) www.nytimes.com   time to read: +2 min
MELBOURNE, Australia — The year of the first Earth Day, 1970, was the year I stopped eating meat. It is wrong to ignore or discount the interests of sentient beings because they are not members of our species. Meat and dairy production are major sources of methane, a powerful greenhouse gas. The Intergovernmental Panel on Climate Change calculates that releasing into the atmosphere a ton of methane will, over a century, raise the temperature of our planet by 28 times as much as releasing a ton of carbon dioxide. That would be bad enough, but the impact is even more lopsided in the shorter term: Because methane breaks down much more rapidly than carbon dioxide, over 20 years, that ton will warm the planet as much as 84 tons of carbon dioxide.
☆ This Iowa Dairy Queen is a 'good place for u kno what' according to America's longest-serving senator. But when I gave it a try, I came away disappointed.
  + stars: | 2023-04-22 | by ( Bryan Metzger | ) www.businessinsider.com   time to read: +1 min
Sen. Chuck Grassley says that this Iowa Dairy Queen is a "good place for u kno what." After coming across it during my reporting trip to Des Moines, I figured I had to give it a try. This Dairy Queen location, the now 89-year-old senator wrote on Twitter, is a "good place for u kno what." Since then, he's made a number of trips to other Dairy Queen locations for "u kno what." I'm currently in Iowa for a reporting trip, covering the Iowa Faith and Freedom Coalition's Annual Spring Kick-Off, where the religious conservative organization is hosting several major 2024 GOP presidential candidates.
☆ Recycling plastic can be a little confusing. Here's what the numbers inside the recycling symbol mean
  + stars: | 2023-04-22 | by ( Lindsey Jacobson | In | ) www.cnbc.com   time to read: +2 min
Plastics labeled with a number 1 are about 20.9% likely to be reprocessed, according to the Greenpeace report. It is still important to know the difference between the types of plastics, since municipalities handle each type of plastic differently. This type of plastic film is often collected separately from plastics labeled 1 and 2. Polystyrene, or PS, is labeled number 6 and can be used to make takeaway containers, coffee cups, insulation and disposable coolers. Finally, plastics labeled number 7 are a mixture of various types of plastics.
☆ Warren Buffett says he worries about nuclear threats and more pandemics—but never the future of Berkshire Hathaway
  + stars: | 2023-04-21 | by ( Ashton Jackson | ) www.cnbc.com   time to read: +3 min
Billionaire investor Warren Buffett says he worries about a few things. I worry about a pandemic in the future, all kinds of [things]," Buffett said. "99 and a fraction percent of my net worth in Berkshire," Buffett told "Squawk Box," adding that multiple of his family members also heavily invest in the company. "I worry about things nobody else worries about, but I can't solve them all," Buffett said. As for feeling secure about Berkshire's future, Buffett has already handpicked his company's next CEO — and his successor, Greg Abel, has said he doesn't plan to diverge from Buffett's winning formula.
☆ Healthy breakfast ideas: Start your day with these quick meals
  + stars: | 2023-04-19 | by ( Casey Barber | ) edition.cnn.com   time to read: +7 min
Because of the versatility and hands-off aspect of the preparation, these are some of my favorite breakfast options for road trip vacations and camping adventures — but they work for busy at-home mornings, too. Overnight oats are one of the most versatile breakfast options out there — and can easily be taken on the road or enjoyed at home. NelliSyr/iStockphoto/Getty ImagesTartines, AKA open-faced sandwiches — or as I like to call them, “things on toast” — comprise a catchall category of breakfast options that can skew savory or sweet. When I have a few minutes and am feeling famished, my go-to move is to grab eggs and tortillas for breakfast tacos or burritos. Eggs and tortillas pair well in the morning to make breakfast tacos or burritos.
☆ Poland grain reprieve offers little comfort to Ukrainian farmer
  + stars: | 2023-04-19 | by ( Elizabeth Piper Ivan Lyubysh-Kirdey | Elizabeth Piper | Ivan Lyubysh-Kirdey | ) www.reuters.com   time to read: +3 min
[1/4] A load of corn is poured into a truck, at a grain storage facility in the village of Bilohiria, Khmelnytskyi region, Ukraine April 19, 2023. REUTERS/Gleb GaranichBILOHIRIA, Ukraine, April 19 (Reuters) - Volodymyr Bondaruk takes little comfort from Poland's decision to lift a ban on the transit of Ukrainian grain. His mixed dairy and arable farm in western Ukraine has already lost a Polish contract and he doubts it will ever be renewed. With uncertainty growing over the future of a Black Sea Grain Initiative that allows safe grain exports from three ports in southern Ukraine, Bondaruk said the outlook for exports appeared increasingly bleak. He called for European help for Ukrainian farmers seeking to export grain, saying that he, unlike "some in Europe", did not want subsidies, just an even playing field.
☆ Over 18,000 cows die in Texas dairy farm blaze
  + stars: | 2023-04-13 | by ( Andrew Hay | ) www.reuters.com   time to read: +1 min
April 13 (Reuters) - More than 18,000 cows died after an explosion and fire at a family dairy farm in west Texas, marking the deadliest such barn blaze on record in the United States. The cause of the fire was under investigation and it was not immediately possible to contact members of the family who own the farm in one of Texas' biggest milk production counties. The blaze prompted calls from the Animal Welfare Institute (AWI), among the oldest U.S. animal protection groups, for federal laws to prevent barn fires which kill hundreds of thousands of farm animals each year. The blaze was the most devastating U.S. barn fire involving cattle since the AWI began tracking such incidents in 2013. Around 6.5 million farm animals have died in such fires in the last decade, most of them poultry.
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