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Mardi Gras just keeps getting bigger and bigger
  + stars: | 2024-02-02 | by ( Cork Gaines | ) www.businessinsider.com   time to read: +4 min
The economic impact of the 2023 Mardi Gras celebration was $891 million, according to a new study. "The economic impact of Mardi Gras continued to grow as the local and national economy was expanding," Weiss told Business Insider. "You can see that when you see non-locals walking around with Mardi Gras beads in July. Additionally, business conventions that come to the city throughout the year still want the Mardi Gras experience and add to the city's financial boost by putting on mini Mardi Gras events, Weiss said. Additionally, out-of-town visitors are believed to have spent more than $140 million during Mardi Gras, including $84 million on lodging.
Persons: , Toni L, Weiss, Mardi Gras, ERIKA GOLDRING, Mardi Organizations: Service, Tulane, Mardi, University of New, Las Vegas, Visitors, Gras, Tulane University Locations: New Orleans, Mardi Gras, Mardi, University of New Orleans, Glendale , Arizona
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi on Apple: Valuation still relatively highToni Sacconaghi, Bernstein senior analyst, joins 'Money Movers' to discuss Apple's quarterly earnings results and accompanying commentary, how the analyst will fold Apple's AI offering into its model, and the tech giant's data from China.
Persons: Toni Sacconaghi, Bernstein Organizations: Apple Locations: China
Apple's high-stakes quarter on deck: Here's what to expect
  + stars: | 2024-02-01 | by ( ) 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 EmailApple's high-stakes quarter on deck: Here's what to expectToni Sacconaghi, Bernstein senior research analyst, joins 'Squawk Box' to preview Apple's earnings results, what investors can expect from the tech giant, and more.
Persons: Toni Sacconaghi, Bernstein
NEW YORK (AP) — One of the world’s largest and most influential publishers, Simon & Schuster, celebrates its 100th anniversary this year. The list tells many stories, through the books selected, not selected, and the evolution of what has been highlighted. “A group of Simon & Schuster staffers took on the daunting challenge of selecting 100 titles from our history that are believed to best represent the breadth and depth of the company’s publishing program, across imprints,” the publisher announced Wednesday. “That book actually had an influence on the course of events.”Like many leading publishers, Simon & Schuster began as an independently owned company and vastly expanded after the 1960s. Along the way, Simon & Schuster acquired numerous other publishers, whose books are now part of the S&S catalog and its centennial list.
Persons: Simon & Schuster, Simon, Gregory Hartswick, Prosper Buranelli, Margaret Petherbridge, Richard Simon, Max Schuster, , Schuster, Jonathan Karp, Sloan, veteran’s, Karp, , — Ralph Ellison, Maya Angelou, Richard Wright, Harper, James Baldwin, Alex Haley, Langston Hughes, Toni Morrison, ” Karp, Ntozake Shange’s, Jenny Han’s “, ” Carlos Eire’s “, ” Siddhartha Mukherjee's “, ” Jason Reynolds ’, Safiya, Wendy Sherwin, didn’t, John Irving, Bruce Springsteen’s, Doris Kearns Goodwin’s Pulitzer, Franklin, Eleanor Roosevelt, Abraham Lincoln, Barack Obama, Rivals ’, Barack Obama’s, Hillary Clinton, Scott Fitzgerald’s “, ” Ernest Hemingway’s “, Alan Paton’s “, Scribner, Judy Blume’s “, Margaret ”, Walter Isaacson’s “ Steve Jobs, Frederick Backman's, Ove, Dale Carnegie’s, Leon Shimkin, David McCullough's, Wright, Blume, Woodward Organizations: Simon &, New York, HarperCollins, Dial Press, Doubleday, Knopf, , Rivals, KKR, Win, Carnegie Locations: , Snow, Havana
Toni Braxton won her first two Grammys in 1994. Toni Braxton at her first Grammys. Robin Platzer/GettyBraxton walked the carpet at the 1994 Grammy Awards show, where she scored two big wins for best new artist and best female R&B vocal performance. Currently, she has seven Grammys.
Persons: Toni Braxton, Robin Platzer, Getty Braxton
For many Americans, work hasn't just gone hybrid or remote — it's gone global. That's based on 300,000 contracts between Deel customers and workers. The majority, 85%, of Deel's contracts are for remote jobs, but there's also interest among a select few to actually move abroad. Many workers are highly interested in location flexibility, whether they want to move around or simply untether their work from where they live. Want to be smarter and more successful with your money, work & life?
Persons: hasn't, That's, there's, Alex Bouaziz, Bouaziz, FlexJobs, Toni Frana, Frana, that's Organizations: State, Global, Portugal Spain United Kingdom United, CNBC Locations: Deel, Portugal, Emirates Canada Germany France, Southern Europe, Dubai, Expats, Spain, UAE, expats, Malaga, Alicante, Valencia
Barclays analyst Dan Levy, for example, lowered his target on Tesla shares to $225 from $250, saying that a "cloudy path ahead reinforces some downside risk." Guggenheim left a sell rating and $132 price target in place. "We expect consensus estimates to come down on what will likely be interpreted as a cautious outlook with reduced visibility," wrote Citi's Itay Michaeli. Michaeli lowered Citi's Tesla price target to $224 from $255 a share, implying about 8% upside from Wednesday's close. The bank remains on the sidelines with a neutral rating on Tesla shares, awaiting a "more convincing entry point," he wrote.
Persons: Tesla, Morgan Stanley's Adam Jonas, Joseph Spak, Dan Levy, Wells Fargo's Colin Langan, Emmanuel Rosner, Guggenheim, Ronald Jewsikow, Bernstein's Toni Sacconaghi, Itay, Goldman Sachs, Mark Delaney, — CNBC's Michael Bloom Organizations: Wall Street, UBS, Barclays, Deutsche Bank, EV Locations: Wednesday's
Tesla slumps on Q4 miss: What you need to know
  + stars: | 2024-01-25 | 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 EmailTesla slumps on Q4 miss: What you need to knowToni Sacconaghi, Bernstein senior analyst, and Ben Kallo, Baird analyst, join 'Squawk on the Street' to discuss what's happening with Tesla's stock, what the Bernstein analyst could be waiting for to rerate Tesla, and more.
Persons: Tesla, Toni Sacconaghi, Bernstein, Ben Kallo, Baird, rerate Tesla
Analyst Ronald Epstein downgraded the stock to neutral from buy and lowered his price target to $225 from $255. The new price target implies just 5% upside from Wednesday's close. Analyst Jed Kelly has an outperform rating and $44 price target on shares, implying 14.4% upside potential since Thursday's close. Analyst Wamsi Mohan reiterated his buy rating on the stock and raised his price target to $200 from $170. Analyst Michael Sison lowered his price target to $69 from $85, implying just 7.5% upside from Wednesday's close.
Persons: Hertz, Ronald Epstein, Epstein, — Hakyung Kim, Oppenheimer, Jed Kelly, Kelly, DraftKings, aren't, Wamsi Mohan, Mohan, JPMorgan's Brian Essex, David Vogt, Essex, Vogt, Wells, DuPont Wells, , Michael Sison, Sison, Kim, Downside, Tesla, Tesla's, Morgan Stanley's Adam Jonas, Jonas, Joseph Spak, inched, TSLA, Spak, Goldman Sachs, Mark Delaney, Dan Levy, Levy, Colin Langan, Langan, Toni Sacconaghi, Bernstein, JPMorgan downgrades, Ryan Brinkman, Fred Imbert Organizations: CNBC, Tesla, EV, Hertz, JPMorgan, Bank of America, Boeing, Alaska Airlines, of America, Federal Aviation Administration, FAA, IBM, UBS, PTI, bps, DuPont, DuPont de Nemours, Barclays, JPMorgan downgrades Hertz Locations: Alaska, Draftkings, Essex, Wednesday's, Wells Fargo, China, 2H24, Europe
Companies in the marketing, education and gaming sectors are also hiring for more remote, flexible roles, FlexJobs lead career expert Toni Frana tells CNBC Make It. FlexJobs has identified the top companies hiring for work-from-anywhere jobs in 2024 by analyzing its database and seeing which companies had the highest volume of remote, location-flexible job postings between January and December 2023. All of the companies included in FlexJobs' ranking offer full-time or part-time remote jobs that don't have a location restriction and require no time in the office. Many work-from-anywhere jobs offer salaries well over $100,000. Check out:The biggest change coming to remote work and RTO in 2024, according to a tech CEO
Persons: FlexJobs, Toni Frana, Frana, that's Organizations: FlexJobs, Companies, CNBC, Technologies, Chainlink Labs, Wikimedia Foundation, Invisible Technologies
California, despite its progressive reputation, has never had a woman or an openly LGBTQ governor. Atkins has only ever been elected by voters in San Diego. She later worked at a women's health clinic that performed abortions before getting elected to the San Diego City Council. She had a brief stint as mayor before getting elected to the state Assembly in 2010 and the state Senate in 2016. Newsom has steadfastly refused sweeping tax increases to balance the budget — something Atkins, too, said she would try to stay away from if she were elected governor.
Persons: Toni Atkins, Atkins, Tony Thurmond, Betty Yee, Gov, Eleni Kounalakis, Rob Bonta, Gavin Newsom, Thurmond, Yee, ” Atkins, “ I’m, Jerry Brown, Newsom, , Organizations: Democrat, Capitol, San Diego City Council, Gov Locations: SACRAMENTO, Calif, California, San Diego, Virginia,
AVOID COTTON AND WETNESSWilson said she loves to shop at thrift stores for layers that won't break the bank. THINK OF THREE MAIN LAYERSWilson recommends starting with a base layer, then a mid layer, and then an outer layer. Finally, wear a traditional winter jacket that breaks the wind a little but also insulates you, Wilson said. PROTECT SPECIFIC BODY PARTS“Three words: Cover Your Bum (CYB)!” the city of Minneapolis says in a blog post about staying warm in cold weather. In other words, wear a winter jacket that falls closer to your knees than your hips.
Persons: you’re, Claire Wilson, WETNESS Wilson, Wilson, Cotton, , James Miner, it's, Miner, Toni Hauser, Hauser, Trisha Ahmed, @TrishaAhmed15 Organizations: Hennepin County Medical, Minneapolis Health Department, Associated Press, America Statehouse News Initiative, America Locations: MINNEAPOLIS, Minnesota, Minneapolis, Hennepin,
NEW YORK (AP) — When Paul Giamatti made “Sideways” with Alexander Payne, he stayed in a little house in the middle of a large vineyard. I told David Hemingson: We’re writing for Paul Giamatti." “He’s just the best actor,” Payne adds. Twenty years ago, Giamatti was surprisingly passed over for an Oscar nomination for “Sideways.” This time, many are predicting he’ll receive his first Academy Award nomination for best actor. If the movie does, if (Randolph) does, if Hemingson does or Alexander does — it’d be great if somebody does."
Persons: Paul Giamatti, Alexander Payne, Giamatti, Alexander, , ’ ”, Thomas Hayden, , John Adams ”, Jerry Heller, he’s, Payne, , Paul Hunham, who’s, Dominic Sessa, Da’Vine Joy Randolph, ” Giamatti, , Giamatti’s, Miles Raymond of “, grouch, “ He’s, He’s, ” Payne, David Hemingson, “ I’ve, aspersions, Paul, Bartlett Giamatti, Toni, Choate, You’ll, Miles, Sessa, wouldn’t, I’m, Randolph, Stephen Asma, cackling, ’ I’m Organizations: Thomas Hayden Church, Yale, Major League Baseball, Hopkins School Locations: Napa Valley, Manhattan, California, New England, Haven , Connecticut
"The Golden Bachelor" star Gerry Turner is a widower with two daughters and two granddaughters. The septuagenarian lost his wife Toni in 2017, shortly after they retired. Advertisement"The Golden Bachelor" star Gerry Turner melted hearts early on in the season with his tearful recollection of his wife Toni's death. Family is clearly important to the septuagenarian — Gerry's two daughters with Toni, as well as his granddaughters, are featured on this season of "The Golden Bachelor." In fact, his offspring even give him some dating advice, as shown in promos for Gerry's season.
Persons: Gerry Turner, septuagenarian, Toni, , Gerry's, Leslie Fhima, Theresa, Gerry, Angie Warner, Jenny Young, Angie, Jenny, They're, Payton, They've, Variety Organizations: Service, Theresa Nist
Tesla's Cybertruck launch: What investors need to know
  + stars: | 2023-11-30 | 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 EmailTesla's Cybertruck launch: What investors need to knowToni Sacconaghi, Bernstein senior research analyst, joins 'Squawk on the Street' to discuss his thoughts on Tesla's Cybertruck launch, whether Tesla will ever make money on the new truck, and more.
Persons: Toni Sacconaghi, Bernstein, Tesla
While many in the world of cocktails are familiar with Tom Bullock, renowned for his juleps and long considered the first African American bartender to publish a cocktail manual, fewer know the work of Atholene Peyton, a home economics teacher whose 1906 “Peytonia Cook Book” predated Bullock’s by a decade. Peyton’s story is just one told in Toni Tipton-Martin’s new book, “Juke Joints, Jazz Clubs and Juice: Cocktails From Two Centuries of African American Cookbooks,” a chronicle of the ways in which Black people contributed to American cocktail culture. “This is really a work of investigative journalism. It’s not just a book of cocktails,” said Ms. Tipton-Martin, a James Beard award-winning author of several cookbooks and the editor of Cook’s Country magazine, who pored through centuries’ worth of published recipes for her new work. The book is a continuation of her 2015 book, “The Jemima Code: Two Centuries of African American Cookbooks,” which credited Black women for much of the country’s culinary history, and her 2019 follow-up, “Jubilee: Recipes From Two Centuries of African American Cooking.”
Persons: Tom Bullock, Atholene Peyton, Peytonia, Toni Tipton, It’s, , Tipton, James Beard Locations: Bullock’s, Martin
Investors could be missing out on a massive opportunity by not buying into BYD, a Chinese electric vehicle maker similar to Tesla that trades at a much more depressed valuation, according to Bernstein. Tesla and BYD are currently the two leading EV manufacturers, and are now comparable in size across volumes, revenues, and profit dollars, but BYD is growing significantly faster," analyst Toni Sacconaghi wrote. Despite this similarity in growth trajectory, BYD's current valuation is a mere $90 billion versus Tesla's $750 billion. One difference in prices between the two companies stems from analysts valuing Tesla as more than just an auto company. But these collective "side bets" amounted to 26% of BYD's revenues and 15% of the company's gross profits in 2023, Sacconaghi said.
Persons: Bernstein, Tesla, Toni Sacconaghi, Sacconaghi Organizations: HK Locations: BYD, Hong Kong
LVMH heir Antoine Arnault in spotlight after management shuffle
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +2 min
Antoine Arnault, 46, is also in charge of image and environment at LVMH, and credited with negotiating a high-profile deal for the company to sponsor next summer's Paris Olympic Games. He will remain chairman of Berluti, which he has managed since 2012, as well as another LVMH fashion brand Loro Piana. Jean-Marc Mansvelt, CEO of historic jewellery label Chaumet, will become CEO of Berluti, while Charles Leung, CEO of jewellery label Fred, will become CEO of Chaumet. The group will seek a successor for Leung, who recently created buzz by introducing high-end jewellery featuring lab-created diamonds. Reporting by Mimosa Spencer; editing by Jason Neely and Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.
Persons: Antoine Arnault, Du, Bernard Arnault, Berluti, Maison, Toni Belloni, Jean, Marc Mansvelt, Charles Leung, Leung, Bernard Arnault's, Delphine Arnault, Dior, Mimosa Spencer, Jason Neely, Jane Merriman Organizations: LVMH, Olympic, Thomson Locations: Paris, PARIS, LVMH
In addition to the death of his wife, Martha, in 2022, Stovall has lost nearly all of his friends. Before he retired at 65, Stovall worked for almost half a century in the steel industry, including almost 30 years with LBFoster. He's held many titles: sales manager, marketing manager, property manager. After he speaks to Martha's ashes in the morning, Stovall makes himself breakfast. Bill and Martha Stovall.
Persons: Bill Stovall, Stovall, Martha, He's, Janice, Bruce, Kaye, Toni, Robert, Charles, Bill, Martha Stovall Organizations: LBFoster, Social Security Locations: Cumming , Georgia, Belém, Brazil, Atlanta, Duluth , Georgia, LBFoster, Cumming
That includes a brief stint as mayor of San Diego, one of the nation’s largest cities. During her tenure as Senate leader, Democrats have grown their caucus to 32 out of 40 seats — their largest majority since 1883. She got her chance when her twin sister joined the Navy and was stationed in San Diego. In San Diego, Atkins was director of a women’s health clinic that performed abortions. She was also politically active, working to help elect Christine Kehoe to the San Diego City Council.
Persons: Toni Atkins, Tony Gwynn, Jimmy Kimmel’s, Atkins, Jerry Brown, , Gavin Newsom, Gov, Eleni Kounalakis, Tony Thurmond, Betty Yee, Rob Bonta, , Shannon Grove, Newsom, Dolly Parton, ” Atkins, Christine Kehoe, Kehoe, “ Toni, ” Kehoe, Anthony Rendon, Rendon, “ Toni Atkins Organizations: San Diego Padres, Gov, Associated Press, Democratic, Senate, Republicans, Republican, Navy, San Diego City Council, Affordable Care Locations: SACRAMENTO, Calif, California, Oregon, Black, San Diego, Virginia, Appalachia, Los Angeles
The new product, called "Dream Track," is a collaboration with nine musical artists including John Legend, Demi Lovato, T-Pain, and Sia, among others. It will be limited to YouTube Shorts, the platform's short-form video sharing feature which rivals TikTok, owned by Chinese technology giant ByteDance. The company also featured statements from the artists themselves, who framed the platform as a way to have a stake in the emerging AI music space. Lovato added, "The development of AI technology is rapidly changing the way we navigate the landscape and I believe as artists we need to be a part of shaping what that future looks like." In April, Universal Music Group petitioned YouTube and other music sharing sites to remove the song over copyright claims.
Persons: John Legend, Demi Lovato, Sia, Lyor Cohen, Toni Reid, , Lovato, Drake Organizations: YouTube, TikTok, Google, Universal Music Group, CNBC Locations: U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi on Tesla's challenge: It's playing in 'a hyper-competitive marketplace'Toni Sacconaghi, Bernstein senior research analyst, joins 'Squawk Box' to discuss Tesla's stock performance, growth outlook, China EV market, and more.
Persons: Toni Sacconaghi, Bernstein Organizations: China EV Locations: China
Google pays Apple more than a third of its search advertising revenue from Safari under the terms of the two companies' search default agreement, an Alphabet witness said in open court Monday amid a protracted antitrust battle between Google and the Department of Justice. The 36% figure, which was not previously known to the public, is one of the clearest indications of how lucrative Google's search deal has been for both Apple and the search engine company. The search default agreement is a major focus of the proceedings. Bernstein analyst Toni Sacconaghi has estimated in a note to clients that Apple would see $19 billion in 2023 revenue as a result of the search engine default deal with Google. "Everybody talks about the open web, but there really is the Google web," he said on the stand.
Persons: Kevin Murphy, Department's, John Schmidtlein, Murphy, Amit Mehta, Bernstein, Toni Sacconaghi, Apple, Sundar Pichai, Satya Nadella, Nadella, Microsoft's Bing Organizations: Google, Apple, Safari, Department of Justice, University of Chicago, Williams, Connolly, Bloomberg News, Microsoft
This time, liberal and moderate candidates took control in high-profile races in conservative Iowa, and the swing states of Pennsylvania and Virginia. Pennsylvania saw a number of Democratic victories in school boards, particularly in districts that have recently seen GOP-led school boards adopt policies targeting transgender students, as well as reading materials and curriculum on LGBTQ+ history. Turn PA Blue, a partisan political organization, said Democrats gained control of at least seven school boards and gained ground in a half-dozen others in Pennsylvania, a swing state. In the Central Bucks School District north of Philadelphia, Democrats flipped three seats, ousting the incumbent school board president, and retained two others, giving the party majority control. School board politics have also become contentious in Virginia since 2021, when Republican Gov.
Persons: , ” Randi Weingarten, Michael Geer, , , Bonnie Chang, Glenn Youngkin, Toni Morrison, Stephen Chbosky, Kirk Twigg, Mike Pence, Kim Reynolds, Brittania Morey, ___ Mulvihill, Matthew Barakat, John Hanna, Heather Hollingsworth Organizations: , The American Federation of Teachers, Liberty, Associated Press, Conservative, PA Family Institute, Pennsylvania, Democratic, GOP, Central Bucks School District, Philadelphia Inquirer, Republicans, Turn Bucks, School, Republican Gov, Linn, Mar Community School District, Gov Locations: HARRISBURG, Pa, Iowa, Pennsylvania, Virginia, York County, Philadelphia, Bucks County, Central Bucks, Spotsylvania County, Washington, D.C, Loudoun County, Cedar Rapids, Cherry Hill , New Jersey, Falls Church , Virginia, Topeka , Kansas, Mission , Kansas
“I AM a journalist first and foremost,” said Toni Tipton-Martin. The editor in chief of Cook’s Country magazine, Tipton-Martin is also a leading authority on African American foodways and the author of award-winning books on the topic. Her latest, “Juke Joints, Jazz Clubs, and Juice: Cocktails from Two Centuries of African American Cookbooks” (Nov. 14, Clarkson Potter) focuses on the potable, bringing to light a fascinating history in recipes from Black bartenders and cooks. “My plan is to publish a series of single-subject books that highlights the various work of cooks in the African American community,” Tipton-Martin said. In the lead-up to the hectic holiday-entertaining season, she made time to welcome us into her Baltimore home for a Claret Cup cocktail and a chat at the bar.
Persons: , Toni Tipton, Martin, Clarkson Potter, Brandon, Tiffanie Barriere, , ” Tipton Organizations: Cook’s, Tipton, Clubs, American Locations: Baltimore
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