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Fast-food giants are rapidly deploying more order kiosks in the US. AdvertisementMajor US fast-food chains plan to aggressively add more digital order kiosks to their restaurants – and bring in bigger checks in the process. They make up "well over" half of its in-restaurant orders at these locations, CFO Katie Fogertey told investors in November. As well as labor savings, kiosk orders "tend to skew to dine-in" and thus use less packaging than other digital orders, she said. In the US, digital orders currently make up just 15% of Burger King's sales.
Persons: Patrick Doyle, , Burger, Josh Kobza, Shack, Katie Fogertey, Chris Turner, Turner, Sharon Zackfia, William Blair, Fogertey, Grace Dean, Randy Garutti, cashiers, Fogerty, Andy Barish, Jon Tower, Kobza, Zackfia, Barish, Popeyes, Tim Hortons Organizations: Service, Restaurant Brands, Brands, Taco Bell, KFC, Business, Jefferies, Citi, Burger, Firehouse, North Star Locations: Taco, China, London, millennials
Elon Musk took aim at Disney CEO Bob Iger in an apparent April Fools' Day joke posted to X. "Excited to join @Disney as their Chief DEI Officer," Musk wrote in the early hours of April 1. AdvertisementElon Musk took aim at Disney CEO Bob Iger in an apparent April Fools' Day joke which, it turns out, wasn't that original. "Excited to join @Disney as their Chief DEI Officer," Musk wrote on X, formerly Twitter. "Can't wait to work with Bob Iger & Kathleen Kennedy to make their content MORE woke!
Persons: Elon Musk, Bob Iger, Musk, Musk's, , Kathleen Kennedy, Can’t, — Elon, Tesla, Konstantin Kisin, Kisin, 😂, ingle, ince, ake, lon, ina, haring, ike, olitical Organizations: Disney, @Disney, Service, TRIGGERnometry, BBC, ust Locations: lon, usk, ife
The appointment would make Walden the first female CEO of the Walt Disney Co. in its 100-year history. "Anybody they choose will have never been the Disney CEO prior to that." At Disney, Walden has hit several home runs, including FX's "The Bear," Hulu's "The Dropout" and "Only Murderers in the Building," and ABC's "Abbott Elementary." Former Disney CEO Bob Chapek CNBCChapek climbed the corporate ladder at Disney for 30 years by showcasing his business and finance chops. Combating female stereotypesIf Walden were appointed CEO, she would be the first woman to run the century-old company.
Persons: Dana Walden, Disney Entertainment Rich Polk, Peter Chernin, Rupert, Walden, Bob Iger, he'd, Fox, Chernin, Peter Roth, Roth, Peter Chernin Getty, Josh D'Amaro, Jimmy Pitaro, Alan Bergman, Nelson, Peltz, Iger, Bob Chapek, Walden's, Bergman, she's, hasn't, , Walden —, Dana doesn't, Jennifer Salke, Jennifer Salke Stephen Desaulniers, CNBC Walden, Richard Plepler, Craig Hunegs, Carol Burnett's, Carrie Hamilton, George Burns, Dean Martin, roasts, Martin, Buddy Hackett, Matt Walden, Bender, Goldman, she'd, Arsenio, Lucie Sulhany, Dana Walden Jason Laveris, Gary Newman, Newman, It's, Dana, Ryan Murphy, John Landgraf, Jan, Seth MacFarlane, Guy, Tuck, MacFarlane, Murphy, Steve Levitan, Dan Fogelman, Rick Rosen, Rosen, Howard Gordon, Levitan, Peter Rice, Rice, wasn't, Chapek, Rich Appel, Gary, it's, Percy Jackson, didn't, Bob Chapek CNBC Chapek, showrunners, Scarlett Johansson, Kristina Schake, Jay Sures, Sures, Amazon's Salke, Greta Gerwig, Gloria, Murphy's, Miss Jones, There's, Steve Levitan Peter, Hopper, Critics, She's, Salke, WME's Rosen Organizations: Disney Entertainment, Getty, Century Fox Filmed Entertainment, Rupert Murdoch's News Corp, Walt Disney Co, Century Fox, Fox, Century Fox Television, Warner Bros, Disney, ESPN, Entertainment, CNBC, Trian Partners, Iger, Amazon Studios, HBO, Disney TV Studios, Hollywood, Westlake School for Girls, Harvard, Westlake School, The Friars Club, University of Southern, Paramount, Paramount Domestic Television, Filmmagic, Fox Broadcasting, Walden, CBS, FX Networks, Bob Chapek CNBC, Indiana University, Michigan State University, United Talent Agency, Hulu Locations: Santa Barbara , California, Walden, Brentwood , California, She's, Disney's, Studio City, Los Angeles, Las Vegas, University of Southern California, Chapek, Hollywood, Walden's, Iger, America
United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing , according to a note sent to pilots. It's another example of how Boeing's customers say the manufacturer's production problems and safety crisis are impacting their growth plans. The offer comes after United and other airlines in recent years have clamored for more pilots when the Covid-19 pandemic travel slump ended and demand surged. "Due to recent changes to our Boeing deliveries, the remaining 2024 forecast block hours for United have been significantly reduced," the United chapter of the Air Line Pilots Association, the pilots' union, said in a note to members Friday. United was contracted to receive 43 Boeing 737 Max 8 planes and 34 Max 9 models this year, but now expects to receive 37 and 19, respectively, according to a company filing in February.
Persons: Max, Scott Kirby, Boeing didn't, Dave Calhoun Organizations: Boeing, Air Line Pilots Association, United, CNBC, Max, Federal Aviation Administration, Alaska Airlines
The protest in Jerusalem is expected to last four days, with some demonstrators planning to stay in a cluster of tents near Parliament. But some worried that the protests could revive conflicts inside Israel that the war had temporarily smoothed over. In the months preceding Oct. 7, Israel had experienced immense domestic strife over a plan backed by Mr. Netanyahu to limit the influence of the judiciary. Mr. Netanyahu has consistently repelled criticisms of his administration, including its handling of the war. The Israeli police said they had dispersed a crowd of protesters blocking traffic, making one arrest.
Persons: Benjamin Netanyahu’s, Netanyahu, Netanyahu’s, can’t, Elad, , , Michal Begin, Israel, Mr, Eitam Harel, Harel, ” Moshe Radman, Johnatan Reiss Organizations: Hamas, Locations: Jerusalem, Israel, Tel Aviv, , Gaza, Israel’s
The Shanghai-based premium EV company was co-founded in 2014 by its CEO, William Li. William Li, also known as Bin Li, has been dubbed the "Elon Musk of China" for his push to develop self-driving EVs and his loyal fan base. He co-founded his first major company in his mid-twentiesBitauto, a car comparison website, was co-founded by Li in 2000. AdvertisementAnyone who purchases a Nio car can access "Nio Houses" equipped with meeting rooms, lounges, baristas, and supervised kids' play areas. To Li's dismay, Nio cars are not yet available for sale in the USLi has expressed dissatisfaction with the US tariffs on Chinese-made EVs.
Persons: William Li, Li, , Bin Li, Elon, EVs, he's, Tesla, Zoey Zhang Li, Nio, Li livestreamed, HECTOR RETAMAL, ET7, ALY, Elon Musk Organizations: Service, REUTERS, Peking University, New York Stock Exchange, NYSE, CNBC, Reuters Locations: China, Shanghai, Anhui, Nio, Europe, Xiamen, Mexico
The most important driver in second quarter for bitcoin and crypto, however, could be the Federal Reserve decision on interest rate cuts. Traders are now pricing in a roughly 61% chance of a first Fed rate cut taking place in June, according to the CME FedWatch Tool . Demand has increased from 40,000 bitcoin at the start of the year to 213,000 bitcoin currently, largely driven by ETF buying ahead of the late April Bitcoin halving, according to CryptoQuant. However, the SEC's decision on whether or not to allow spot ether ETFs to trade, due in May, will "very likely" be market moving, he added. "If it's not priced in today, then it very likely will be a market moving event if it happens," he said.
Persons: Bitcoin, Zach Pandl, Pandl, , bitcoin, Julio Moreno, Chris Kuiper, — CNBC's Ganesh Rao Organizations: Securities and Exchange Commission, Federal, Metrics, Fidelity Digital Assets, CNBC, Fidelity, SEC Locations: U.S, BlackRock
She told Business Insider she wants to have more energy, build muscle, and increase her cardio stamina. AdvertisementTweak one part of a meal each week to increase varietyGina's go-to lunch is chicken, broccoli, and brown rice, she said. Then, next week try swapping the rice for quinoa, and the week after swap the chicken for fish or tofu. Bijlani advised Gina to check she's getting enough protein in each meal, as well as ensuring she's eating enough generally. If Gina doesn't eat a meal until a while after exercising, post-workout snacks should contain both protein and carbs.
Persons: , Gina, Charan Bijlani, Bijlani, Gina doesn't Organizations: Service, Insider's Nutrition Clinic, Business
Fourteen months after the murders, the garage of the abandoned marijuana farm on prairie tableland northwest of Oklahoma City sits frozen and dark. Broadway Avenue in Kingfisher, Oklahoma, about 30 miles south of where Wu Chen, 47, executed four people at a marijuana farm. When Oklahoma legalized medical marijuana, the only real requirement was that Oklahoma residents had to be involved in marijuana growing and selling. But Oklahoma required 75% of any marijuana business to be owned by an Oklahoma resident. Deputies from the Kingfisher County Sheriff's Office were the first to arrive at the scene of a quadruple homicide at an abandoned marijuana farm.
Persons: Wu Chen, Mike Simons, Kevin Stitt, Sean Hannity's, Dan Newhouse, Liu, Chen, Yi Fei Lin, Mark Woodward, , OBN, Adria Berry, BI Adria Berry, I'm, Barb Miuccio, Jeremy Grable, Jeremy, Barb, she's, Barbara Miuccio, Treez, Matt Stacy, Stacy, Stitt, Jeremy they'd, he'd, OMMA, didn't, Barb didn't, Barbara, Stacy —, she'd, Stacy hadn't, BI Jonathan Riedlinger, Riedlinger, Lin, Qirong Lin, Hechun Chen, Qiang Chen, Fang Lee —, Wenbo Lin, Wu Chen —, Wenbo Lin didn't, Reidlinger, Jed Green, Matthew Alan Stacy, Barb —, — he's, He'd, Woodward, Helen Carillo, He's, Kevin Pham, Pham, BI Pham, ProPublica, recriminations, Green, It's, they're, I'd, Ken Thompson, Thompson, Chen didn't, He'll, Jonathan Riedlinger, Kiki, I've Organizations: Oklahoma City, Broadway, BI, Marijuana, Oklahoma, Oklahoma Medical Marijuana Authority, Republican, Sean Hannity's Fox, Fox News, Chen Inc, Narcotics, BI Adria, Oklahoma's Army National Guard, OBN, Business, Oklahoma State Bureau of, Sheriff's, Prosecutors, CSI Accounting Services, Whitney Economics, NBC, Cannabis, Virginia Slim, Florida . Police Locations: Oklahoma, Kingfisher County , Oklahoma, Ames , Oklahoma, Kingfisher , Oklahoma, Pennsylvania, California, Arkansas, Republican Washington, China, Kingfisher County, Dallas, Moore , Oklahoma, Oklahoma City, Afghanistan, Iraq, Ukraine, He's, Moore, Kingfisher, Hennessey , Oklahoma, OMMA, Mexico, Edmond, Tulsa, Russia, Bulgaria, Armenia, Steakhouse, Virginia, Florida, Miami Beach, Miami
A Key Inflation Gauge Hovers Above Fed’s Target
  + stars: | 2024-03-29 | by ( Jeanna Smialek | ) www.nytimes.com   time to read: +1 min
The latest reading of the Federal Reserve’s favorite inflation gauge was in line with economists’ expectations, as price increases hovered above the central bank’s target even after months of cooling. The Personal Consumption Expenditures inflation measure climbed by 2.5 percent in February compared with a year earlier, according to a report released by the Commerce Department on Friday. The Fed officially targets that measure as it tries to achieve 2 percent annual inflation, so the latest reading, while widely anticipated, is evidence that inflation still has farther to fall. The report’s details underscored that inflation continues to moderate, even if the process is bumpy. And on a monthly basis, inflation cooled slightly.
Organizations: Commerce Department, Bloomberg, Fed
He says things like the “God Bless America” Bible overlook the many, many Christians who do not agree with Trump’s politics or the blending of patriotism with faith. He was among the imprint’s writers who tried to discourage them from publishing the “God Bless the USA” Bible when the idea was first introduced. “I am reminded of how we closed every Marine Corps boot camp chapel service with Lee Greenwood’s ‘God Bless the USA’,” he told CNN. The FAQ section of the “God Bless America” Bible website clarifies that no proceeds from the sales of the Bible will go towards Trump’s presidential campaign. CNN has reached out to EliteSource Pro, the marketing company behind the “God Bless the USA” Bible, for more information.
Persons: Donald Trump, Lee Greenwood’s, , ” Trump, Jesus, It’s, Lee Greenwood, Benjamin Cremer, X, Jason Cornwall, it’s, Jemar Tisby, , ” Tisby, , Trump, MARK RALSTON, Guthrie Graves, Fitzsimmons, , ” Graves, pushback, James, Tisby, we’re, ” Singer Lee Greenwood, Marsha Blackburn, Alex Wong, David W, Peters, Donald J, ” televangelist, Pat Robertson Organizations: CNN, Christian, Reformed Theological Seminary, Getty, BJC Center for Faith, Justice, Reconciliation, Union Theological Seminary, HarperCollins Christian Publishing, HarperCollins, Trump, Zondervan, Marine Corps, Corps, Republican, The Trump Organization, CIC Ventures, EliteSource, Episcopal Locations: Independence, South Carolina, America, Jackson , Mississippi, AFP, United States, New York City, Franklin , Tennessee, Pflugerville , Texas, Iraq, Trump's
Etiquette coach Jamila Musayeva said it's best to go "unnoticed" for your manners in such places. The key, according to Jamila Musayeva, an etiquette coach, is to avoid standing out as new money or someone's plus-one when attending fancy dinners or galas. Here are Musayeva's etiquette do's and don'ts at exclusive events frequented by the wealthy. Related storiesAmericans typically use their knives and forks in a "zig-zag" way, said Musayeva, but that's seen as informal. At formal dinners, drink pairings are usually predetermined to match the food on the menu.
Persons: Jamila Musayeva, , HBO's, Jamila, Musayeva, who's, you've, that's, It's Organizations: Service
Keep reading to learn everything about the new season, from details on the hosting shake-up to where to watch a "Top Chef" live stream. Where to watch Top Chef in the US"Top Chef" airs Wednesday nights at 9 p.m. Shop at Peacock TVIf you're hoping to tune in to "Top Chef" live on Wednesday nights and don't have cable, you'll want to try a live TV streaming package that includes Bravo, like Sling TV or Hulu + Live TV. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus. Kish won "Top Chef" Season 10 and has since developed quite a substantial online following.
Persons: Lakshmi, Kristen Kish, Gail Simmons, Tom Colicchio, James Beard, Clea DuVall, Matty Matheson, Art Smith, Brittany Snow, we've, Peacock, Hulu's, there's, VPNs, ExpressVPN, Padma Lakshmi, she'd, Kish, Arlo Grey Organizations: Business, Bravo, Michelin, Hulu, Disney, ESPN, Disney Plus, Instagram, Variety Locations: Kish, Wisconsin, Canada, Australia, New Zealand, Singapore, Boston, Menton, Austin , Texas
A settlement that could scramble the credit card businessA long-running fight between the credit card giants Visa and Mastercard and retailers in the United States is nearing an end, with the promise of lower fees for merchants. But the proposed class-action settlement could have wider consequences, including for the lucrative business of high-end credit cards — and for retailers. What’s in the settlement: Visa and Mastercard said on Tuesday that they had agreed to reduce swipe fees, costs associated with the use of a credit card, for about five years. Perhaps more important, merchants will be able to raise their prices based on the kind of card. For example, buying groceries with a higher-fee card — typically a premium card like the Chase Sapphire Reserve — could become more expensive than paying with a lower-end one.
Organizations: Visa, Mastercard, Chase Locations: United States
When a recession did arrive, in 2020, it was because of the Covid-19 pandemic. But millions of residents are experiencing levels of hardship not seen in many decades. They say they are struggling to put food on the table, pay for housing and health care and cover their utility bills. But rising rent and exorbitant child care costs for her two children have put training out of reach. Just two generations ago, she said, her grandmother raised a family in her own home as a single parent, while working part-time as a nurse.
Persons: Robyn Northam Locations: Australia, Britain, United States
But some have been quick to label Hanbury Camilla 2.0, claiming she had an affair with Prince William — an unsubstantiated rumor the 40-year-old noblewoman denied to Business Insider via her lawyers. AdvertisementBut if people found themselves easily buying into the prospect of another royal cheating scandal, relationship experts said it has nothing to do with Kate, William, or Hanbury. Prince William, Kate Middleton, and Rose Hanbury at Houghton Hall on June 22, 2016. Express Newspapers/Getty ImagesLundquist also said the ease with which people were quick to associate Hanbury with the "other woman" trope demonstrates how pervasive misogyny is. "In the case of both Camilla and Rose, the bad object in these instances is a woman," he said.
Persons: , Queen Camilla, Sarah Rose Hanbury, Hanbury Camilla, Prince William —, Kate Middleton's, Kate, William, William isn't, Matt Lundquist, Lundquist, Prince William, Kate Middleton, Rose Hanbury, Stephen Pond, Georgina Sturmer, Sturmer, Hanbury, we've, Adam, Henry VIII's, Anne Boleyn, Camilla, King Charles, Princess Diana, we're, Charles, Rose Organizations: Service, Business, Hanbury, Tribeca Therapy, Houghton Hall, Express Locations: Kensington, Hanbury, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing's top management team and board 'need to be completely rethought': Dartmouth's Paul ArgentiPaul Argenti, professor of corporate communication at Dartmouth’s Tuck School of Business, joins 'Squawk Box' to discuss Boeing's management shake-up, news of CEO Dave Calhoun stepping down at the end of the year, what's next for the company, and more.
Persons: Paul Argenti Paul Argenti, Dave Calhoun, what's Organizations: Dartmouth’s Tuck School of Business
O'Leary said the company found leftover tools and missing seat handles in new Boeing planes. AdvertisementThe boss of Europe's largest airline told CNN last week that it would regularly find leftover tools under the floorboards of Boeing planes, as well as missing seat handles. "In 2022 and 2023, we were finding little things like spanners under the floorboards, in some cases, seat handles missing, things like that," O'Leary told CNN on March 20. The Ireland-based low-cost carrier only flies Boeing aircraft and is one of the aircraft manufacturers' biggest customers. Related storiesThis isn't the first time O'Leary has said there's a lack of quality control on Boeing planes.
Persons: Michael O'Leary, O'Leary, , David Calhoun Organizations: Boeing, Ryanair, Service, CNN, Europe's, Alaska Airlines Locations: Dublin, Ireland, Seattle
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo investors debate the outlook for Boeing amid leadership shake-upTony Bancroft, Portfolio Manager at Gabelli Funds, and Nancy Tengler, CEO and CIO of Laffer Tengler Investments, debate the path ahead for Boeing as it undergoes significant C-suite changes.
Persons: Tony Bancroft, Nancy Tengler Organizations: Boeing, Funds, Laffer, Investments
My Apple Vision Pro nightmare
  + stars: | 2024-03-26 | by ( Albert Fox Cahn | ) www.businessinsider.com   time to read: +12 min
So when the Apple Vision Pro arrived, I was giddy with excitement to dive into the type of toy I'd dreamt of since childhood. The Vision Pro tries to answer the question of how you can use a computer without a mouse or keyboard. Apple Vision Pro marks the foundation of a new architecture of total digital isolation. Apple touted your ability to use the Apple Vision Pro to connect to your laptop, simulating a screen for your device. In the end, I followed the path of so many other Vision Pro early adopters and became an early returner.
Persons: Apple's, it's, peck, Apple, audibly, hadn't, Newton, keystroke, I've, I'd Organizations: Sony, Apple Vision Pro, Vision, Apple, Department of Justice, Disney, Cupertino colossus Locations: New York
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Calhoun told CNBC on Monday that the decision to retire was "100%" his own and that he would be involved in finding his successor. "We need someone to fix Boeing," one major airline executive, who wasn't authorized to speak to the media, told CNBC after Boeing announced the management shake-up Monday. "I want somebody who knows how to handle a big, long-cycled business like ours," Calhoun told CNBC in an interview Monday while announcing his departure. Four-year Boeing board member Steve Mollenkopf, an ex-Qualcomm CEO who will take over as independent chairman of the board, will lead the search.
Persons: Dave Calhoun, Max, Larry Kellner, Stan Deal, Calhoun, wasn't, John Plueger, It's, Steve Mollenkopf, Cowen, Cai von Rumohr, here's Organizations: Boeing, Max, Boeing Factory, Monday, CNBC, Air Force One, Alaska Airlines, Air Lease, Airbus, Financial, Qualcomm Locations: Renton , Washington, China
Using options to bet on a Boeing turnaround
  + stars: | 2024-03-26 | by ( Nishant Pant | ) www.cnbc.com   time to read: +3 min
The shake-up at Boeing this week with the CEO set to step down by year-end has sparked optimism among investors. Boeing (BA) has faced significant challenges over the years with the latest incident involving a door plug on an Alaska Airlines 737 Max 9 in January. When the RSI falls below 30, it indicates that the underlying asset, in this case, BA stock, is in an oversold condition. The trade To go bullish on BA, the trade structure I have used here is called a bull call spread. You may find trading platforms using other names like call debit spread or long call spread.
Persons: Nishant Organizations: Boeing, Alaska Airlines
Boeing named Stephanie Pope the new CEO of its commercial airlines division on Monday. 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 . AdvertisementStephanie Pope knows Boeing well: a third-generation employee, she joined the company in 1994. Pope did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: Stephanie Pope, , Pope, Stan Deal, Michelle Ryan, Elon Musk, Linda Yaccarino, Yaccarino, Carly Fiorina, Marissa Mayer, Sue Gove, Calhoun Organizations: Boeing, Service, BCA, Boeing Global Services, Twitter, HP, Yahoo, Bed, Business Insider
Boeing CEO Dave Calhoun: Stepping down was my decision
  + stars: | 2024-03-25 | 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 EmailBoeing CEO Dave Calhoun: Stepping down was my decisionCNBC’s Phil LeBeau and Boeing CEO Dave Calhoun join 'Squawk Box' to discuss the leadership shake-up at the company, his resignation as company CEO at the end of the year, airline CEOs meeting with Boeing's board of directors, quality control issues facing the company, and more.
Persons: Dave Calhoun, Phil LeBeau Organizations: Boeing
Jim Cramer on the shake-ups at Disney and Boeing
  + stars: | 2024-03-25 | by ( Jim Cramer | ) 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 EmailJim Cramer on the shake-ups at Disney and BoeingCNBC's Jim Cramer breaks down the market reaction to the headlines at Disney and Boeing.
Persons: Jim Cramer Organizations: Disney, Boeing
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