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☆ I compared drive-thrus at McDonald's and Chick-fil-A and preferred the fried-chicken chain's human touches over AI — even though it took double the time
▼ + stars: | 2023-09-07 | by ( Grace Mayer | ) www.businessinsider.com time to read: +1 min

I visited McDonald's and Chick-fil-A to compare their drive-thru experiences. Both chains are trying to speed up their drive-thrus with order-ahead options on their apps. McDonald's is using AI voice recognition to take orders, while Chick-fil-A is humanizing its customer service with friendly fast-food workers. McDonald's has been adding AI-powered voice bots to its drive-thru lanes, while Chick-fil-A has been opening some drive-thru only locations, as the chains look to improve convenience and speed of service. I recently tested drive-thrus at Chick-fil-A and McDonald's in Overland, Kansas to see how they compared.

Persons: Chick, McDonald's Organizations: Service Locations: Wall, Silicon, Overland , Kansas

☆ Treasures from Rothschild family collection fetch over $62 million at unprecedented auction
▼ + stars: | 2023-09-06 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +3 min

CNN —A vast collection of art, furniture, silver, ceramics, and jewelry long held in the private collection of the Rothschild banking dynasty sold for more than $62.6 million over several auctions at Christie’s New York. The sales, which concluded on Tuesday, marked the first dedicated auction in North America of works from the French branch of the long-time banking family. Coincidentally, the cameo last came to auction at Christie’s in 1899, when it sold for £3,750 (about £395,000 or $496,000, in today’s money), shortly before it is believed to have entered the Rothschild collection. We don’t get a bulk of this type of material coming up for sale anymore,” Rendell said. As for why the family chose to sell the collection now, Rendell believes it may have been a “rationalization” and a “generational shift” in attitude.

Persons: Rothschild, Baron James Mayer de Rothschild, Betty, Alphonse, Gerrit Dou’s, Claudius, ”, Jonathan Rendell, “ It’s, James Mayer de Rothschild, Rendell, ” Rendell, Read Organizations: The Art, CNN, Christie’s, Old Masters Locations: York, North America, Christie’s, Christie’s Americas, New York, Europe

☆ Treasures from Rothschild family collection could fetch $30 million at unprecedented auction
▼ + stars: | 2023-09-06 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +3 min

CNN —A vast collection of art, furniture, silver, ceramics, and jewelry long held in the private collection of the Rothschild banking dynasty is expected to sell for as much as $30 million over several auctions this fall at Christie’s New York. The sales will mark the first dedicated auction in North America of works from the French branch of the long-time banking family. A German silver-gilt mounted nautilus cup and cover estimated to fetch between $100,000 and $150,000 at auction. Coincidentally, the cameo last came to auction at Christie’s in 1899, when it sold for £3,750 (about £395,000 or $496,000, in today’s money), shortly before it is believed to have entered the Rothschild collection. As for why the family is selling the collection now, Rendell believes it may be a “rationalization” and a “generational shift” in attitude.

Persons: Rothschild, Baron James Mayer de Rothschild, Betty, Alphonse, Gerrit Dou’s, Claudius, ”, Jonathan Rendell, “ It’s, James Mayer de Rothschild, Rendell, ” Rendell, Read Organizations: The Art, CNN, Christie’s, ” Locations: York, North America, Christie’s, Christie’s Americas, New York, Europe

☆ Disney's wildest ride: Iger, Chapek and the making of an epic succession mess
▼ + stars: | 2023-09-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +88 min

Iger told Chapek that he lived for those "two-shower days," according to people familiar with the conversation. In January 2020, Iger told Chapek the plan was back on. During his 27 years at the company, Chapek had only attended one annual meeting — as a guest in the audience. Bob Iger, Disney CEO, during a CNBC interview, Feb. 9, 2023. WATCH: Disney CEO Bob Iger's exclusive July 2023 CNBC interviewTake the 'A'During Chapek's tenure as CEO, Disney lost more than a quarter of its market value.

Persons: Elham, Bob Iger, Bob Chapek, Iger, wasn't, Chapek, Michael Eisner, —, who's, he's, Clint Eastwood, Eastwood, Arthur Bochner, Jackie Hart, Kareem Daniel, Chapek —, Eisner, Michael Ovitz, Ovitz, Bob, Disney's, Kevin Mayer, Mayer, Bryan van der Beek, he'd, Tom Staggs, Staggs, Staggs —, Steve Jobs, cajoled Ike Perlmutter, George Lucas, Rupert Murdoch, Iger's, Susan Arnold, Arnold, Peter Rice, David Paul Morris, Rice, CNBC's Julia Boorstin, Mark Parker, Mary Barra, Michael Froman, Willow, Parker, John Donahoe, Roy Disney, Walt Disney, Stanley Gold, David A, CNBC Eisner, Big Bob, Little Bob, Christine McCarthy, Patrick T, He'd, McCarthy, Iger —, Coronavirus, Gavin Newsom, Michael Kovac, curtly, Nancy Pelosi, Chuck Schumer, Ben Smith, Smith, Disney, Randy Shropshire, Agnes Chu, Ricky Strauss, Chu, Strauss, Kevin Feige, Kathleen Kennedy, Who's, Alan Bergman, Bergman, Bob Kyncl, Daniel —, Iger didn't, Daniel rankled, Daniel, Chapek didn't, James Pitaro, Jesse Grant, CNBC Chapek, Jimmy Pitaro, Zenia Mucha, didn't, Mucha, Barbara Walters, Charles Eshelman, Scarlett Johansson, Scarlett Johansson —, Florence Pugh, Natasha, Yelena, " Johansson, Bryan Lourd, Johansson, Lourd, Steven Spielberg, Al Michaels, David Muir, Robin Roberts, Michael Strahan, Spielberg, Geoff Morrell, Alan Braverman, Alan Horn, Jayne Parker, Bochner, Claire Lee, Paul Richardson, Josh D'Amaro, Ron DeSantis, Morrell, Disney Animation —, George Floyd, Reba Saldanha, Reuters Chapek, DeSantis, Nicholas Maldonado, Octavio Jones, Chapek she'd, we're, " Morrell, CNN's Chris Wallace, Kristina Schake, John Skipper, Daniel steamrolled, Latondra Newton, Newton, Charles Krupa, Pitaro, NBCUniversal's Peacock, Dana Walden, Thomas Murphy, Josh Kushner, Privately, Schake, Barack Obama, Michelle Obama, Michelle Obama's, David Dee Delgado, Kara Swisher, hadn't, Netflix's, overhiring, McCarthy hadn't, Safra Catz, Kareem, DMED, Horacio Gutierrez, Justin Warbrooke, Alexia Quadrani, Bryan Castellani, Michael Buckner, Quadrani, Lindsay Lohan, Winnie, Nelson Peltz, Catz, Donald Trump's, they'd, Walden, Gutierrez, D'Amaro, Rich Polk, Walden he'd, Iger she'd, Mickey Mouse, Mark Rightmire, haven't, Indiana Jones, Halle Bailey, Ariel, Hamilton Faber, Rich Greenfield, Bob Iger's, — Mayer, McCarthy —, doesn't, they'll Organizations: Disney, Marvel, CNBC, Bloomberg, Getty, Walt Disney, Indiana University, Michigan State University, Shanghai Disney, Man, Hong Kong Disneyland, Walt Disney Parks, Resorts, Pixar, Fox, Chapek, Nike, General, Mastercard, Foreign Relations, University of Pennsylvania, Grogan, Disney's, Fallon, ABC, ESPN, ABC News, California Gov, New York Times, Disney confidants, Hollywood, Marvel Studios, Lucasfilm, Walt Disney Television, Walt Disney Studios, Hulu, HBO Max, Walt Disney Company, YouTube, Companies, Netflix, Apple, Disney Media, Entertainment, Stanford, Rights, Junior, petulant, Filmmagic, Brunswick Group, Covid, CAA, onetime Defense Department, Century Fox, Human, Florida Gov, Republican, Disney Animation, Reuters, Human Rights, HRC, Walt Disney World, Employees, American Foundation for Equal Rights, AP, Amazon Prime, Paramount, South Pacific, Capital Cities, Dow Jones, CVS, Kingdom, Variety, Trian Partners, Charter Communications, U.S, Comcast, Charter's, MediaNews, Orange, Allen, Co, Candle Media, Advisors Locations: Burbank , California, Midwestern, Brentwood, Los Angeles, Westlake Village, Iger, Hammond , Indiana, Shanghai, China, Hong, Fox, Willow Bay, Raleigh , North Carolina, Orlando, U.S, Hulu, Iger's Brentwood, coronavirus, Brunswick, Hollywood, Hawaii, Disney's, Marvel's, Anaheim , California, Montana, Florida, Rye , New Hampshire, Chapek, Hong Kong, California, missteps, South, DMED, Burbank, New York, India, Atlantic, Sun Valley , Idaho, America

☆ We met dumpster diving 14 years ago and now make up to $3,000 a month selling our trash treasures
▼ + stars: | 2023-09-06 | by ( Grace Mayer | ) www.businessinsider.com time to read: +8 min

They now make up to $3,000 per month from dumpster diving, and post their dives on TikTok. AdvertisementAdvertisementWe make between $2,000 and $3,000 a month selling our dumpster dive trash treasures. But it's still rare that we see somebody else dumpster diving at the spots we go to in Buffalo. When some people hear the term "dumpster diving," they sometimes picture a rat-infested dumpster covered in food, or that we're digging through household trash. We view our dumpster diving efforts, particularly selling scrap metal to scrap yards, as "carbon credits" that offset the carbon emissions from our next plane flights.

Persons: David, Erin Sheffield, David Sheffield, we're, It's, We've, Joe's, Erin, we've, — Organizations: Service, University at Buffalo, Walmart, Foods, Aldi, Body Works, Dick's Sporting Goods, Erin Sheffield Garage, eBay, Facebook, Body Locations: Wall, Silicon, Buffalo , New York, France, dumpsters, Norway, Mexico, TikTok, Buffalo

☆ Marissa Mayer: Passion Is A Gender-Neutralizing Force
▼ + stars: | 2023-09-05 | 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 EmailMarissa Mayer: Passion Is A Gender-Neutralizing Force"Ambition is being undaunted." Sunshine CEO Marissa Mayer shares how her experience at Google set the foundation for her incredible career in media & technology.

Persons: Marissa Mayer Organizations: Google

☆ What's next for Disney as CEO Bob Iger works to streamline the company, cut costs, and make streaming profitable
▼ + stars: | 2023-09-03 | by ( Lucia Moses | Alison Brower | ) www.businessinsider.com time to read: +7 min

Bob Iger is trying to reshape Disney as a leaner company in his second act as CEO. When Bob Iger came back to Disney in November 2022, the company and the town celebrated the return of a successful and statesmanlike CEO for the world's largest entertainment brand. Two years under Iger's predecessor Bob Chapek left the company reorganized — in ways many company insiders didn't like — and executives, teams, and creative partners demoralized. Iger told CNBC in July that Disney's TV and cable businesses, including ABC and cable networks like FX, "may not be core" to the company. If Iger succeeds in acquiring all of Hulu, some analysts believe it would help Disney with streaming content, marketing, and ad revenue.

Persons: Bob Iger, Iger, Iger's, Bob Chapek, didn't, He's, Ron DeSantis, Penn, —, Dana Walden, Alan Bergman, Josh D'Amaro, Kevin Mayer, Tom Staggs, Puck Organizations: Disney, ESPN, Apple, Florida Gov, Iger, — Entertainment, Parks, CNBC, ABC, Hulu, Hollywood, Writers Guild of America, Association of, Television Producers, SAG, WGA, He's, Netflix, Penn Entertainment, ESPN Bet Locations: Hollywood, Orlando, California, Hulu

☆ Fact Check-Inaccurate WEF Founder Klaus Schwab family tree shared online
▼ + stars: | 2023-09-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

A photo that claims to depict the family tree of World Economic Forum (WEF) Founder Klaus Schwab includes multiple inaccuracies. Posts online are taking it as evidence he is related to the Rothschild banking dynasty on his mother’s side. The same image of the family tree appeared online as early as July 2021 in a conspiracy thread on Reddit (here). KLAUS SCHWAB PARENTSThe family tree notes an accurate birth year for Klaus Schwab, but the names of his parents are incorrect. The photo shared on social media includes multiple inaccuracies to falsely link Klaus Schwab to the Rothschild banking dynasty.

Persons: Klaus Schwab, Rothschild, Mayer Amschel Rothschild, Schwab, KLAUS SCHWAB, Eugen Wilhelm Schwab, Erika Epprecht, Yann Zopf, “, ”, FRED, MARIANNE SCHWAB, Marianne Schwab, Marianne Rothschild, Marianne, Klaus, nee Rothschild, Louis, Melanie Rothschild, Fred Schwab, Leslie, Madeleine, Fred, Marianne’s, LOUIS ROTHSCHILD, Marianne Schwab’s, Louis Rothschild, Louis Nathaniel von Rothschild, Countess Hildegard Johanna Caroline Marie Auersperg, Louis Nathaniel’s, Salomon Albert Anselm von Rothschild, Bettina Caroline de Rothschild, Moritz, Emma Rothschild, Spokespeople, Read Organizations: Economic, Facebook, Zekelman Holocaust, Jewish, Rothschild, Getty, Reuters Locations: Ravensburg, Germany, Frankfurt, England, United States

☆ Walmart's corporate employees are getting a generative AI assistant while Amazon and Apple are restricting AI in the workplace
▼ + stars: | 2023-08-30 | by ( Grace Mayer | Aaron Mok | ) www.businessinsider.com time to read: +5 min

The retailer is embracing AI while other companies limit employees' use of AI in the workplace. It's one of many generative AI tools the company has already employed across to its 50,000 corporate employees. Walmart's provision of generative AI tools to its office workers is one of the ways the big box retailer seeks to integrate AI across the company. In-stores, Walmart employees can turn to an "Ask Sam" voice assistant to help them locate items. AdvertisementAdvertisementWhile some major US companies are torn on whether to embrace generative AI, others are introducing AI into their businesses with caution.

Persons: Donna Morris, Emerging Technologies Cheryl Ainoa, Sweta Patel, Sam, Doug McMillon, McMillon, Goldman Sachs, Estée Lauder, ChatGPT Organizations: Walmart, Service, Apple, Samsung, New Business, Emerging Technologies, Accenture, Tech, Meta, Netflix, ChatGPT Locations: Wall, Silicon

☆ McDonald's dollar menu is a myth. The chain is getting called out for not having a single item that costs $1.
▼ + stars: | 2023-08-30 | by ( Nancy Luna | Grace Mayer | ) www.businessinsider.com time to read: +4 min

There's nothing close to a buck on the value menu, according to menus observed by Insider across the US. While sitting in line for a McDonald's drive-thru, Anne Arroyo, a TikToker who goes by @anna2morrow, zoomed in on the fast food chain's Dollar Menu. AdvertisementAdvertisement"McDonald's has a dollar menu right now without a single item that costs $1," she said in the video said in a video she posted. Several commenters wrote about how McDonald's dollar menu pricing was different across the country. A commenter who said they were from Florida wrote that their McDonald's dollar menu drinks cost $2.79.

Persons: McDonald's, Anne Arroyo, Arroyo, Nancy Luna, Chipotle Organizations: Service, Consumer Locations: Wall, Silicon, Niles , Ohio, McDonald's, Florida, Southern California, Orange , California

It follows a tumultuous spring for regional banks in which Silicon Valley Bank and two other lenders collapsed, forcing regulators to backstop deposits to stave off a broader panic. The proposal, which is subject to industry feedback, would see banks raise their long-term debt issuance by roughly 25%, or $70 billion, according to the FDIC. The agency said banks would have three years from the rule's adoption to meet the new standard. 'COMPELLING CASE'Each bank's debt requirement will be based on their risk-weighted assets, total assets, or total leverage, depending on which number is highest. In a speech previewing the proposals this month, Gruenberg said recent bank failures made "a compelling case" for regulators to impose tougher rules on regional firms.

Persons: Brian Snyder, Martin Gruenberg, Matthew Bisanz, Mayer Brown, “ It’s, Greg Baer, Gruenberg, Ian Katz, Pete Schroeder, Megan Davies, Philippa Fletcher, Andrea Ricci Organizations: First Republic Bank, REUTERS, Rights, Federal Deposit Insurance Corporation, Federal Reserve, Wall, Bank, FDIC, Financial Services Group Inc, Fifth Third Bancorp, Citizens Financial Group Inc, Industry, Bank Policy Institute, Silicon Valley Bank, JPMorgan Chase, FDIC's, Insurance Fund, Capital Alpha Partners, Thomson Locations: Boston , Massachusetts, U.S, Silicon

The new requirement would bring large regional banks more in line with the largest global banks, which already have their own debt requirement. The proposal follows a tumultuous spring for regional banks, which saw three collapse, forcing regulators to backstop deposits to stave off a broader panic. The proposal would mean banks have to raise their long-term debt issuance by roughly 25%, or $70 billion, according to the FDIC. “These banks will have to go into the market issuing capital to meet the capital proposal and then issuing long-term debt to meet the long-term debt proposal," said Matthew Bisanz, a partner at Mayer Brown. The proposed rules were approved by the FDIC at a meeting Tuesday, giving the industry the opportunity to critique the approach.

Persons: Brian Snyder, Martin Gruenberg, Matthew Bisanz, Mayer Brown, Gruenberg, JPMorgan Chase, Ian Katz, ” Rob Nichols, Pete Schroeder, Megan Davies, Philippa Fletcher, Andrea Ricci Organizations: First Republic Bank, REUTERS, Rights, U.S, Federal Deposit Insurance Corporation, FDIC, Financial Services Group Inc, Fifth Third Bancorp, Citizens Financial, Silicon Valley Bank, JPMorgan, FDIC's, Insurance Fund, Capital Alpha Partners, Federal Reserve, American Bankers Association, Thomson Locations: Boston , Massachusetts, U.S, Silicon

☆ Dylan Mulvaney — whose Bud Light promotion led to conservative protests — cracked a beer joke after winning a Streamy Award
▼ + stars: | 2023-08-28 | by ( Rebecca Cohen | Grace Mayer | ) www.businessinsider.com time to read: +3 min

Dylan Mulvaney won the 2023 Streamy Award for Breakout Creator. The trans creator may have been referring to her Bud Light ad campaign that has been overshadowed by conservative protests. Mulvaney took home the award for breakout creator at the Sunday night award ceremony, beating out TikTok it girl Alex Earle and Jake Shane — a.k.a. Conservative critics called for a boycott of the Bud Light brand, and LGBTQ+ advocates called on Bud Light to make clear its support for the LGBTQ+ community. The Bud Light controversy may be dying down: Bud Light sales took a hit in the months following the April post, but are now showing signs of a rebound.

Persons: Dylan Mulvaney, Bud, Mulvaney, Alex Earle, Jake Shane — a.k.a, Drew Afualo, Keith Lee, she'd, there's, I'm, Bud Light, Bud Light's Organizations: Service, Bud Light Locations: Wall, Silicon

☆ Canada's LePage captures first world decathlon title
▼ + stars: | 2023-08-26 | by ( Lori Ewing Lori Ewing | Lori Ewing | ) www.reuters.com time to read: +3 min

BUDAPEST, Aug 26 (Reuters) - Canada's Pierce LePage captured his first world decathlon gold medal on Saturday, denying team mate and Olympic champion Damian Warner the one title missing from his illustrious resume. Warner, who won world silver in 2015 and bronze in 2013 and 2019, finished with 8,804 points, while Lindon Victor of Grenada won the bronze on 8,756. If you'd have asked me prior to the world championships about taking silver, I'd probably have said no," Warner added. This morning I pulled my hamstring before the hurdles," LePage said. Decathlon has its ups and downs and it feels great to finish with more than 8,800 points," said Warner.

Persons: Canada's Pierce LePage, Damian Warner, LePage, Damian, Warner, Lindon Victor, you'd, I'd, Pierce, Kevin Mayer of, cramp, we're, Lori Ewing, Hugh Lawson, Ken Ferris Organizations: Grenada, Kevin Mayer of France, Warner, Thomson Locations: BUDAPEST, Eugene

Eventually, he had his own radio show in Los Angeles, “The Bob Barker Show.”American game show host Bob Barker points to himself on a nearby television screen as his wife Dorothy Jo Barker (1924 - 1981) looks on and laughs, November 4, 1977. Gabi Rona/MPTV/Reuters Barker, right, appears on a 1960 episode of "Bonanza" along with actors Jim Galante, Ken Mayer and Natalie Trundy. CBS/Getty Images Barker and Amanda Jones, who was Miss Illinois, are seen after Jones won the 1973 Miss USA Pageant. David Livingston/Getty Images Barker plays with his pet Mr. Rabbit at his home in Los Angeles in 2011. There hasn’t been a day on set that I didn’t think of Bob Barker and thank him.

Persons: Bob Barker, Roger Neal, Barker, popper, Bill Cullen, Drew Carey, ”, “, ‘, ’ ” Barker, Robert William Barker, ’ ”, “ I’d, Drury, Dorothy Jo Barker, Ralph Edwards, Edwards, wasn’t, – Barker, Barker’s, nimbly, Barker's, Jesse Grant, Gabi Rona, MPTV, Reuters Barker, Jim Galante, Ken Mayer, Natalie Trundy, Dorothy Jo, Tilly, Paul W, Bailey, NBCUniversal, Gerald Smith, Herb Ball, Amanda Jones, Jones, Ron Galella, Lennox McLendon, Dian Parkinson, Janice Pennington —, Parkinson, Jim Smeal, Adam Sandler, Happy Gilmore, Mark Mainz, Robert Hanashiro, Mark Davis, Ingrid Newkirk, David Livingston, Rabbit, Damian Dovarganes, Scott Clifton, Lisette M, Azar, CBS Barker, Monty Brinton, Dorothy Jo Gideon, Gideon, you’ve, Gilmore ’, Carey, ‘ Bob, I’m, ‘ Drew, you’re, Nancy Burnet, Gilmore, ” Sandler, Bob, hasn’t Organizations: CNN, CBS, American Television, Drury College, U.S . Navy, Springfield, NBC, Reuters, DJ, T Foundation, US Naval Reserve, Getty, Miss, Miss USA, MTV, Television Academy Hall of Fame, USA, PETA, “, Los Angeles Times Locations: Mission , South Dakota, Rosebud, Springfield , Missouri, Los Angeles, Miss Illinois, “, ”

☆ It's easier than ever to get a tiny home. Home Depot, Amazon, and Costco are selling kits, and some will cost you under $50,000.
▼ + stars: | 2023-08-25 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

People are drawn to tiny homes for their affordability and the minimalist lifestyle they promote. Some states are even paying people to build tiny homes to alleviate the housing crisis. Here's a roundup of some retailers selling tiny homes, including Amazon, Home Depot, and Costco. Amazon, Home Depot, and Costco are selling kits on their websites that allow do-it-yourselfers to build their own tiny homes, which are usually 600 square feet or less. Here's a look at some of the tiny-home structures you can buy at Amazon, Home Depot, and Costco.

Persons: – Organizations: Amazon, Costco, Service Locations: Wall, Silicon, California , New York, Vermont

We talked to real estate pros to get their insight on whether now is the time to sell your house. If you're waiting for mortgage rates to fall before you sell, you're playing a potentially risky game. Should I sell now frequently asked questionsShould I sell my house now or wait until 2024? If you wait until 2024 to sell your house, it's possible that mortgage rates will be lower. Should you sell house when the market is high?

Persons: they're, Rachel King, Alec Cantley, Cantley, Mary Hall Mayer, Coldwell Banker Warburg, Mayer, you'll, they'll, Fannie Mae, it's Organizations: Service, Premier Sotheby's, Coldwell Banker Locations: Wall, Silicon, New York City, Asheville , North Carolina, Chevron

☆ Get ready to buy Shein clothes in Forever 21 stores
▼ + stars: | 2023-08-24 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Fast-fashion retailers Shein and Forever 21 are partnering up. The partnership allows Forever 21 to sell merchandise on Shein's site, and Shein products could be sold in Forever 21 stores. The partnership will allow Shein to sell Forever 21 products on its website, and Forever 21 to add Shein sections in-stores, where customers could also return Shein items. The partnership could give Forever 21 exposure to a significant number of new consumers across the US and the globe, Saunders wrote. Sparc Group, a joint venture of Authentic Brands Group and Simon Property Group, operates Forever 21.

Persons: Neil Saunders, GlobalData, Shein, Saunders, Simon, Lucky Brand, Eddie Bauer, Brooks Organizations: Service, Street Journal, U.S, Forever, Sparc, Authentic Brands, Simon Property Group, Brookfield Property Partners, Reebok, Brooks Brothers, Sparc Group Locations: Wall, Silicon

☆ Jeff Bezos' Fiancee Flaunts 'Loud Luxury' Vacation Style
▼ + stars: | 2023-08-22 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Lauren Sanchez, Jeff Bezos' fiancee, has traded in quiet luxury for "loud luxury." Sanchez's vacation style has included vibrant colors, loud patterns, and flashy sequined ensembles. Sanchez and Bezos have been galavanting across Europe this summer aboard the Amazon founder's $500 million megayacht, and Sanchez has packed a variety of 'loud luxury' pieces. Instead of donning neutral color palettes and label-less attire, two crucial components of quiet luxury dressing, Sanchez's summer Yacht style has included an array of colorful and flashy ensembles that broadcast brand names. Another white dress she wore in Spain was entirely encrusted in pearls, writes the Daily Mail.

Persons: Lauren Sanchez, Jeff Bezos, Sanchez, Pucci, Piana, Kendall, Louis Vuitton, logoed Chanel, Daniela Gregis, Mimi Liberté Organizations: Service, Daily Mail, Daily, GQ, Wall Street Locations: Europe, Wall, Silicon, Saint, Portofino, Ibiza, Spain

☆ French restaurants are reportedly requiring more than $5,000 minimum spend per table and refusing reservations for returning diners who didn't spend enough at their last visit
▼ + stars: | 2023-08-21 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Tensions over tipping and dining fees have been cropping up all year. Some French restaurants in St Tropez are asking customers for thousands of dollars for reservations. These restaurants are reportedly asking diners for over $5,000 minimum spend for a table. The mayor of St Tropez, Silvia Siri, has started to address these restaurants' practices. St. Tropez, one of the most expensive places to live in France, is also a popular vacation spot for international travelers and celebrities.

Persons: St Tropez, Silvia Siri, Tropez, Siri, Nice Organizations: Service, Nice Matin, Guardian Locations: St Tropez, Wall, Silicon, St, France, Nice

☆ Chick-fil-A launches first-ever twist on its classic chicken sandwich
▼ + stars: | 2023-08-16 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

The seasonal chicken sandwich is a twist on the chain's classic chicken sandwich. The Honey Pepper Pimento Chicken Sandwich will be available on August 28. The fast food chain is adding a seasonal chicken sandwich to its menu that blends sweet, savory, and spicy notes. The Honey Pepper Pimento Chicken Sandwich, available in restaurants August 28, takes a hand-breaded chicken filet and pairs it with a pimento cheese spread, pickled jalapeños, and a bun drizzled with honey. "We wanted to create a standout sandwich that would deliver a unique spin for our guests, without losing the classic taste of the Original Chick-fil-A Chicken Sandwich," Stuart Tracy, Chick-fil-A Chef and creator behind the Honey Pepper Pimento Chicken Sandwich, said in a statement.

Persons: Honey Pepper, Stuart Tracy, Chick, crumbles Organizations: Service, QSR Magazine Locations: Wall, Silicon

☆ Authors and Booksellers Urge Justice Dept. to Investigate Amazon
▼ + stars: | 2023-08-16 | by ( Alexandra Alter | More About Alexandra Alter | ) www.nytimes.com time to read: +2 min

appears to be closing in on its decision to bring an antitrust case against Amazon. Amazon representatives are expected to meet this week with members of the commission to discuss the possible suit, a sign that legal action may be imminent. Even as books have become a smaller slice of the company, Amazon has become an overwhelming force in the book market. It accounts for at least 40 percent of physical books sold in the U.S., and more than 80 percent of e-books sold, according to an analysis released by WordsRated, a research data and analytics group. With its purchase of Audible in 2008, Amazon has also become one of the largest audiobook producers and retailers.

Persons: Lina Khan, Jonathan Kanter, It’s, Mayer, WordsRated, beholden Organizations: Federal Trade Commission, Department’s Antitrust, Amazon, Metro, Goldwyn, Markets Institute Locations: U.S, United States

☆ This strange trend on TikTok could help bolster live-stream shopping
▼ + stars: | 2023-08-15 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

A strange trend has emerged on TikTok: creators are acting as video game characters over live streams. The popularity of these live streams could have implications for TikTok's live stream shopping ambitions. While the trend manifested organically from TikTok creators, it could have implications for live-stream shopping in the US, Bloomberg reported. For retailers, TikTok live streams could be a goldmine. Read more about the TikTok live streaming trend Bloomberg reported on here.

Persons: TikTok, Instagram, YouTube hasn't, TikToker, Read Organizations: Service, Bloomberg, YouTube Locations: Wall, Silicon, TikTok

☆ Kraft Heinz picks new CEO as sales slump in the face of higher prices
▼ + stars: | 2023-08-14 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Kraft Heinz 's North American president will become CEO of the food giant next year, the company announced Monday. Carlos Abrams-Rivera will take the reins Jan. 1 from Miguel Patricio, who has led Kraft Heinz since 2019. Kraft Heinz shares have fallen 15% this year, dragging its market value down to $42.2 billion. "Since joining Kraft Heinz in 2020, [Carlos] has consistently delivered strong results in the North American retail and Away From Home businesses," Patricio said in a statement. Ahead of the CEO transition Jan. 1, Abrams-Rivera will become president of Kraft Heinz, adding new responsibilities to his current role.

Persons: Kraft Heinz, Carlos Abrams, Rivera, Miguel Patricio, Patricio, Oscar Mayer, Maxwell, Abrams, Campbell, Carlos Organizations: Kraft, Cream, North Locations: California

☆ Alarming video shows flash mob robbery targeting the same Nordstrom that was hit two years ago
▼ + stars: | 2023-08-14 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Over the weekend, a Nordstrom in a Los Angeles mall was a repeat target for a "flash mob" robbery. Up to $100,000 of merchandise was stolen, days after a similar robbery in the Los Angeles area. In 2021, the Nordstrom store was also the target of a flash mob robbery. The term "flash mob" has been associated with flash mob dances, but has since taken on new meaning when associated with organized burglaries conducted by large groups. The Los Angeles Police Department said the losses from the Saturday burglary at Nordstrom were estimated to be from $60,000 to $100,000 in merchandise.

Persons: Nordstrom, Yves Saint Laurent Organizations: Service, Nordstrom, KTLA, Glendale Police Department, Los Angeles Police Department Locations: Los Angeles, Wall, Silicon, Southern California, Los, Glendale, California

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