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☆ Rep. Katie Porter recounts her frustration at having to explain housing policy to onetime HUD secretary Ben Carson during a congressional hearing: 'I was tutoring a neurosurgeon'
▼ + stars: | 2023-04-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Rep. Katie Porter detailed an odd 2019 exchange she had with Ben Carson over housing policy. Carson was unaware of the term REO and thought she said Oreo, as in the cookie sandwich. But Carson thought she was talking about a cookie — an Oreo to be specific. Porter detailed how she asked Carson if he knew the meaning of an REO during the hearing. "Secretary Ben Carson, the man in charge of housing for our nation, asked me if I meant 'Oreo.'

☆ Analysis: Twitter's advertising business seen facing slow recovery
▼ + stars: | 2023-04-13 | by ( Sheila Dang | ) www.reuters.com time to read: +5 min

Musk, who also runs electric carmaker Tesla Inc (TSLA.O), earlier this week told the BBC that most of Twitter's advertisers are returning to the platform and the business was "roughly breaking even." Research firm Insider Intelligence this week slashed its forecast for Twitter's global ad revenue this year by 37% to $2.98 billion. That would represent a 28% decline from Twitter's 2022 ad revenue of $4.14 billion. 33 among Twitter's top advertisers before Musk's acquisition, according to Sensor Tower. Twitter's ad business is "eroding" and its subscription product Twitter Blue is seeing only moderate success, Similarweb said in a blog post.

☆ I sell used sneakers on Goat to pay for new pairs to add to my collection. Here's how to guarantee a sale on the resale platform.
▼ + stars: | 2023-04-10 | by ( Danni Santana | ) www.businessinsider.com time to read: +8 min

I've sold shoes in person and on Poshmark, but my favorite platform to sell sneakers is Goat. I have sold shoes in person and on Poshmark over the past year, but my favorite platform to sell sneakers is Goat. The company even authenticates all used shoes, in addition to new, which gives buyers more confidence they are not buying replica pairs. But I'm keeping my options open, especially if StockX begins to allow the sale of used shoes. The platform offers an easy way to sell shoes quickly that you barely wear or have buyer's remorse over.

☆ Walmart is rolling out a new perk to its $98 annual Walmart+ membership — early access to a new Oreo flavor
▼ + stars: | 2023-03-29 | by ( Ben Tobin | ) www.businessinsider.com time to read: +2 min

Oreo unveiled a new flavor, the Blackout Cake cookie, this week that will hit shelves on April 3. Walmart+ members will get to try the cookie starting today, per a Walmart merchandising director. Oreo unveiled Tuesday the Oreo Blackout Cake cookie, a new limited-edition flavor that will hit shelves nationwide next week. "We've teamed up with Mondelez to give you exclusive early access to the new Oreo flavor, Blackout Cake! Walmart does not publicly disclose how many members Walmart+ has.

☆ Tornado in Mississippi Kills at Least 25, Dozens Injured
▼ + stars: | 2023-03-25 | by ( ) www.wsj.com time to read: 1 min

What’s in an Oreo? A Food Scientist Explains. Oreos are one of the most well-known cookies in the world, with around 40 billion produced each year. The WSJ spoke with a food scientist to understand how the “creme”-filled cookie is made. Photo: Christopher Hart for The Wall Street Journal

☆ What’s in an Oreo? A Food Scientist Explains.
▼ + stars: | 2023-03-23 | by ( ) www.wsj.com time to read: 1 min

3/23/2023 1:00PMOreos are one of the most well-known cookies in the world, with around 40 billion produced each year. But some of the ingredients are not as well-known. The WSJ spoke with a food scientist to understand how the “creme”-filled cookie is made. Photo: Christopher Hart for The Wall Street Journal

☆ MIT Scientists Twist Apart More Than 1,000 Oreos in Search for Perfect Method
▼ + stars: | 2023-03-22 | by ( Aylin Woodward | ) www.wsj.com time to read: 1 min

It’s safe to say many people eat Oreos the same way. They twist them apart, then consume the cookie as two separate creme-covered wafers. Yet more than a century after the Oreo’s inception, many connoisseurs haven’t solved a frustrating problem: how to twist it so both wafers end up with filling on them.

☆ The Practical Magic of Cooking With QR Codes
▼ + stars: | 2023-03-10 | by ( Bee Wilson | ) www.wsj.com time to read: +1 min

Does anyone actually learn to cook from TikTok? Maybe I am just too old for it, but the “food hacks” that go viral on the video app seem designed more to make you gasp than to cook better. TikTok food videos can seem pointless at best (Oreo sushi, anyone?) But boiling wooden spoons is a terrible idea because wood can split and bleach at such high temperatures. To keep wooden spoons hygienic, you just need to give them a gentle wash in soapy water.

[1/2] Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. Stock sales reached $4.97 billion in the United States last week, the highest tally since the second week in 2022, according to data provider Dealogic. Globally, stock sales reached $12.3 billion, the most in more than 30 weeks. "Equity markets have regained some momentum and volatility has decreased, driving animal spirits on the buy side," said Santiago Gilfond, co-head of Americas equity capital markets at Credit Suisse Group AG (CSGN.S). A busy week for initial public offerings in early February offered some hope to stock market hopefuls, but advisors remain cautious as stocks sold off in recent weeks.

☆ I started selling shoes on Goat to fund my sneaker addiction. Here's why I prefer it to Poshmark despite the high fees.
▼ + stars: | 2023-02-28 | by ( Danni Santana | ) www.businessinsider.com time to read: +8 min

I started reselling used sneakers in the summer of 2022 to more easily afford my sneaker addiction. In other words, I started monetizing my used sneaker collection for extra cash to buy new shoes. But I'm keeping my options open, especially if StockX begins to allow the sale of used shoes. I'll certainly take advantage of their periodic promotions on seller fees that I've seen be up to 50% off in the past. The platform offers an easy way to sell shoes quickly that you barely wear or have buyer's remorse over.

☆ Yeezys are still in high demand on the secondary market despite Ye's fallout with Adidas
▼ + stars: | 2023-02-27 | by ( Danni Santana | ) www.businessinsider.com time to read: +2 min

Demand for Yeezy sneakers remains high on the secondary market. Impossible Kicks has seen a 30% increase in demand since October, according to CNN Business. But demand for his Yeezy sneakers remains high. Unconfirmed rumors are also swirling around social media that Adidas and Ye may again be joining forces to sell the leftover stock. An Adidas spokesperson declined to comment, adding the company's update on February 9 is the latest it has to share.

[1/3] Ben & Jerry's, a brand of Unilever, is seen on display in a store in Manhattan, New York City, U.S., March 24, 2022. Eliminating less popular products is part of a "decomplexity program" underway at Kraft Heinz, its executives said at the Consumer Analyst Group of New York Conference this week. Nestle said cutting products saved 1 billion Swiss francs last year ($1.06 billion), while Unilever said the practice saved $2 billion. At the consumer products conference they highlighted new offerings, many of them increasingly popular handheld foods that people can eat while scrolling on phones. "You'd be shocked by the loyalty and personal connections people have to food products," he said.

[1/3] Ben & Jerry's, a brand of Unilever, is seen on display in a store in Manhattan, New York City, U.S., March 24, 2022. Nestle said cutting products saved 1 billion Swiss francs last year ($1.06 billion), while Unilever said the practice saved $2 billion. Food makers tend to cull products without much fanfare. At the consumer products conference they highlighted new offerings, many of them increasingly popular handheld foods that people can eat while scrolling on phones. "You'd be shocked by the loyalty and personal connections people have to food products," he said.

☆ Kraft Heinz issues soft profit guidance after price increases boost revenue
▼ + stars: | 2023-02-15 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +2 min

Kraft Heinz Co. is scheduled to release earnings figures on July 27. Kraft Heinz on Wednesday beat Wall Street's earnings and sales expectations, but offered soft profit guidance for the year, a sign of rising pressure from higher costs. Kraft Heinz boosted pricing 15.2% with a 4.8% decline in volume. Despite beating on revenue and EPS, Kraft Heinz earnings contrast with companies such as Oreo maker Mondelēz International , which saw little demand pushback despite price increases. Kraft Heinz launched a campaign titled "LVII Meanz 57," protesting the use of Roman numerals, ahead of Super Bowl 57.

☆ Oreo is selling $40 limited-edition NBA cookies ahead of the All-Star Game — and fans are not pleased at the price
▼ + stars: | 2023-02-11 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

Priced at $40 for a pack of 12, some fans scoffed at the price tag. For $40, fans can buy a box of 12 cookies decorated with frosting, sprinkles, and their favorite team's logo ahead of the NBA All-Star Game next weekend. "$40 for 12 Oreos that have some NBA logos on them is the worst deal ever," one user wrote on Twitter. But NBA fans this time around seem a little less keen on novelty Oreos than Pokémon fanatics. "Yes of course I want these NBA logo Oreos.

☆ Kellogg beats sales and profit estimates, to keep plant-based business
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

The Pringles maker, which is in the process of a three-way break-up of its business, also said it has decided to keep its plant-based business, which represents 2% of net sales, in-house. Kellogg had last June announced plans to explore strategic options for its profitable MorningStar Farms business. The company forecast organic sales growth of 5% to 7% for full year 2023, as it expects sustained demand for its snacks and emerging markets business region. Shares of the Michigan-based company rose 1.5% before the bell. Kellogg's net sales rose 12% to $3.83 billion in the fourth quarter ended Dec. 31.

☆ Top Wall Street analysts find these stocks compelling
▼ + stars: | 2023-02-05 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their track records. (See Tesla Hedge Fund Trading Activity on TipRanks) Rakesh holds the 113th position among more than 8,000 analysts tracked on TipRanks. (See McDonald's Dividend Date & History on TipRanks) Despite tough macro conditions, McDonald's intends to expand further to grab additional business. Saleh ranks 383 out of more than 8,300 analysts on TipRanks, with a success rate of 65%. In line with his bullish stance, Goldman reiterated a buy rating and increased his price target to $74 from $71.

☆ Mondelez Expects Fewer Price Increases This Year
▼ + stars: | 2023-02-01 | by ( Jaewon Kang | Kathryn Hardison | ) www.wsj.com time to read: 1 min

Mondelez International Inc. said its costs remain high, though the snack and candy producer doesn’t anticipate boosting prices for its products at the same level as in 2022. Chicago-based Mondelez, which makes Oreo cookies and Triscuit crackers, said it has raised its prices because of higher costs of energy, transportation and labor. The company said it increased prices in the U.S. in December and is negotiating in Europe.

☆ Oreo's newest cookie is stuffed with Oreos
▼ + stars: | 2023-01-24 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —In the past, Oreo has partnered with Lady Gaga, Pokémon and Ritz on new limited-time flavors. The cookie brand’s latest limited-edition cookie is an Oreo stuffed with Oreos. Dubbed “the Most OREO OREO,” the cookie is made with the usual chocolate wafers, filled (to the “Most Stuf” extreme) with a creme that has Oreo bits mixed in, for a meta cookies-n-creme experience. Martha Stewart with the Most Oreo Oreo. On Monday, Stewart and McCallister will share their Oreoverse experiences on Oreo’s social media channels.

☆ These companies reporting next week have a history of beating analysts' estimates
▼ + stars: | 2023-01-20 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Investors navigating a tough earnings season in the week ahead can stick to several stocks with a history of beating earnings expectations, according to Bespoke Investment Group. Of the 56 S & P 500 companies that have reported so far, about 69% have surprised to the upside, while 31% missed expectations, according to FactSet data. cookie maker posted positive earnings per share surprises 83% of the time out of 41 prior reports, and positive sales surprises 56% of the time. Meanwhile, computer peripherals maker Logitech has surpassed earnings expectations 75% of the time, and sales expectations 67% of the time, in 69 prior reports. Logitech has raised guidance just 1% of the time, however.

☆ Pitch Decks That Advertising Tech Startups Used to Raise Millions
▼ + stars: | 2023-01-10 | by ( Business Insider | ) www.businessinsider.com time to read: +19 min

Check out these pitch decks that they've used to sell their vision and raise millions from private equity and VC investors. Blocking ad fraudAdtech startup Lunio, announced a $15 million Series A funding round in September 2022. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Marketing in the metaverseAnima, an augmented-reality startup, raised a $3 million funding round from investors in Janury. He raised $50 million in Series D after closing a $34 million Series C last year, bringing its total raised to $100 million.

☆ Kabosu: 'Doge' meme shiba inu is seriously ill with leukemia
▼ + stars: | 2022-12-28 | by ( Tara Mulholland | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Kabosu, the internet-famous dog who inspired the “doge” meme and influenced digital culture for a decade, is seriously ill with leukemia and liver disease. While Sato said Kabosu’s appetite had returned, she had previously blogged that the dog was moving around less, and more slowly. It reached a peak value of more than $400 in 2014, and is considered the first “meme coin” or satire of cryptocurrency. After it raised funds for the Ukrainian military, the country’s Ministry of Defense tweeted its thanks with a photoshopped image of a shiba inu in fatigues. In Sato’s most recent posts about Kabosu, she said the dog was “in a very dangerous condition” and appeared to be jaundiced, but was also taking antibiotics.

“I Wanna Dance with Somebody” suffers from thin dialogue and predictability — dull trappings intrinsic to biopics. Naomi Ackie as Whitney Houston in "I Wanna Dance with Somebody." To wit: Whitney Houston was a Black woman — ate Black, slept Black, lived Black, cried Black, walked Black and died Black. The most peculiar aspect of this criticism is the fact that nearly all American music is Black music. While Houston has mostly elided criticism that she wasn’t Black enough or didn’t make Black music, the spirit of this indictment lives on today.

☆ Dairy Queen is one of Warren Buffett's most-famous businesses. CEO Troy Bader laid out the benefits of Berkshire Hathaway's ownership, and explained how he's navigating the pandemic, inflation, and ne
▼ + stars: | 2022-12-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Warren Buffett's Berkshire Hathaway acquired Dairy Queen for nearly $600 million in 1998. Dairy Queen CEO Troy Bader told Insider that Berkshire's ownership lets him invest for the long run. Bader explained how Dairy Queen has dealt with the pandemic, inflation, and new customer demands. "What he feels is really what we see with so many of our customers, who have this different connection with Dairy Queen." Higher prices, less moneyInflation is dealing a one-two punch to Dairy Queen by raising its costs and squeezing its customers, Bader said.

☆ Mondelez to sell gum business in developed markets for $1.35 bln
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +1 min

Dec 19 (Reuters) - Oreo maker Mondelez International Inc (MDLZ.O) said on Monday it had agreed to sell its gum business, including brands such as Trident and Dentyne, in the United States, Canada and Europe to Perfetti Van Melle Group for $1.35 billion. Perfetti Van Melle, the European gum and confectionery maker behind brands such as Mentos, Alpenliebe and Chupa Chups, will also acquire Mondelez's manufacturing facilities in Rockford, Illinois and Skarbimierz, Poland. Mondelez put its developed markets gum unit, which also includes brands such as Bubbaloo and Bubblicious, under a strategic review after demand took a severe hit during the COVID-19 lockdowns. The company said it will continue to operate its gum business outside the United States, Canada and Europe. The parties have entered into exclusive arrangements for the sale of the business in the country, it said.

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