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☆ 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

☆ Former McDonald's chef says the chain created its chicken sandwich to imitate Chick-fil-A's despite his protests
▼ + stars: | 2023-08-14 | by ( Grace Mayer | ) www.businessinsider.com time to read: +4 min

A former McDonald's chef said he was part of a team that worked on a new chicken sandwich recipe for McDonald's. In 2021, McDonald's relaunched its chicken sandwiches, which drew comparisons to Chick-fil-A's sandwiches. A new chapter has been added to the fast-food chicken sandwich wars: A former McDonald's chef shared insight on his TikTok about how the fast-food chain reworked its fried chicken sandwich to rival Chick-fil-A's. Mike Haracz, a former McDonald's chef, said he was part of a team that developed a new chicken sandwich recipe for McDonald's a few years ago. Since McDonald's launched its new chicken sandwiches in 2021, consumers and industry experts have commented on the menu items' similarity to Chick-fil-A's sandwiches.

Persons: McDonald's, Chick, Mike Haracz, Haracz, Popeyes, Taco Bell Organizations: Service, KFC Locations: Wall, Silicon, Illinois, Burger

☆ Aritzia's mirrorless dressing rooms cause outrage online, but they seem to be a brilliant sales tactic
▼ + stars: | 2023-08-14 | by ( Grace Mayer | ) www.businessinsider.com time to read: +6 min

On social media, though, the biggest issue seems to be the retailer's mirrorless fitting rooms. Aritzia's communal fitting rooms are part of the brand's DNASo why make customers go through this awkwardness? The mirrorless fitting rooms go against a growing trend in retail. Eugene Gologursky/Getty ImagesAritzia's mirrorless fitting rooms go against a growing trend in retail. For Aritzia, mirrorless rooms are part of its DNA.

Persons: Aritzia, Zers, Gen Zers, Becca Bastos, Bastos, commenter, There's, Manini, Madia, Bergdorf Goodman, Eugene Gologursky, we've, Aritzia's Organizations: Service, Columbia Business School, Abercrombie, Fitch Locations: Wall, Silicon, Aritzia

☆ A continuous glucose monitor helped me discover I have hypoglycemia. Here's how startup January uses AI to predict blood sugar spikes and crashes and coached me to better food choices.
▼ + stars: | 2023-08-14 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +16 min

The healthcare startup January uses CGMs and AI to monitor glucose levels, exercise, and sleep. I have low blood sugar, and January used machine learning to coach me to healthier habits. Low blood sugar, or hypoglycemia, is less common than high blood sugar, or hyperglycemia. Samantha Stokes/InsiderAt the end of January's AI training, I unlocked a suite of tools to track my food, exercise, blood sugar, and more. But January encouraged me to take a short walk after eating, which can help moderate glucose levels following a meal.

Persons: Marc Benioff, they're, Noosheen Hashemi, Hashemi, Marissa Mayer, Samantha Stokes, Mike Snyder, Insider's, What's, I've, CGM, didn't, Jesus Weligsander Perez Organizations: Felicis Ventures, AME Cloud Ventures, Apple Watch, Drug Administration, Stanford Medicine, Pace Locations: That's, SignalFire, Mount Sinai

☆ Taylor Swift’s Viral Era
▼ + stars: | 2023-08-11 | by ( Matt Stevens | ) www.nytimes.com time to read: +4 min

Taylor Swift, wearing a long green gown, takes a swan dive pose and jumps into a hole in the stage. A large crowd of Taylor Swift fans sing together in a parking lot outside of her concert. Taylor performs in a “full on deluge.”Rain pours down on a smiling Taylor Swift as she performs onstage. Taylor Swift, sitting at a piano, explains to concertgoers that it is malfunctioning and playing itself. The actor Taylor Lautner enters the stage with a backflip to greet Taylor Swift.

Persons: Taylor, Taylor Swift, Arlington , Texas Taylor, Joe Alwyn, “, ” Taylor, Matty Healy, Nashville Taylor, Matty, Philadelphia “, ” Taylor Swift, Taylor concertgoer Keith Urban, fanboying, Phoebe Bridgers, Bo Burnham, N.B.A, Taylor’s, Aaron Rodgers, she’s, Chicago Taylor, Minneapolis Taylor, John ”, John Mayer, ”, Cincinnati Taylor, Taylor Lautner, Denver Taylor, Seattle Taylor, “ Taylor, Taylor can’t, Travis Kelce, Mexico City Taylor Organizations: Ticketmaster, Philadelphia, Spice, Taylor, Independence, Swift, Federal Reserve, Seattle Locations: Glendale, Ariz, Arlington , Texas, Tampa, Fla, Tampa’s, East Rutherford, N.J, Chicago, Minneapolis, ” Kansas City, Mo, Philadelphia, Seattle, Inglewood, Calif, Mexico City

☆ Your neighbors might soon know when you order toilet paper, trash bags, and other items from Amazon
▼ + stars: | 2023-08-11 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Some of Amazon's millions of orders are being delivered without extra packaging. This year, the company has delivered around 1.8 billion packages — which can add up to a lot of discarded Amazon packaging. Only items that have gone through these tests will be shipped without extra packaging, the company said. Certain items will always be shipped with additional packing, such as items that may require additional privacy, the company said. Through monitoring customer feedback on deliveries, Amazon said it will also adjust what items customers prefer to be shipped with extra packaging.

Organizations: Wall Street Journal, Service, Amazon Locations: Wall, Silicon

☆ Tech investors face 'new era' of China restrictions after Biden order limits funding in A.I., chips
▼ + stars: | 2023-08-10 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +4 min

The Biden administration's executive order restricting U.S. private equity and venture capital investments in Chinese technology finally landed on Wednesday. For U.S. tech investors who'd already grown wary of the budding cross-Pacific rivalry, the ruling is the clearest signal yet that the world's second-biggest economy is off limits. Biden is specifically targeting investments in technologies like semiconductors, quantum computing and artificial intelligence on concern that China's advancements in those areas run counter to U.S. national security interests. U.S. investors have been steadily retreating from China due to a combination of a weakening economy and the fraught geopolitical environment. "Most investors want to avoid being seen as acting against U.S. national security interests."

Persons: Joe Biden, Biden, We've, Elena McGovern, Neil Shen helming, Eric Reiner, Adam Hickey, Mayer Brown, Steve Sarracino, that's, Activant, There's Organizations: Biden, Capstone, Chinese Communist Party, Sequoia Capital, Sequoia, Vine Ventures, Justice Department's, who's, U.S, Activant, Investors Locations: Belen , New Mexico, U.S, China, Sequoia China, Israel, Latin America, Germany, South Africa, The U.S, ByteDance

☆ This 90-year-old woman had the same job for 74 years—her best advice for being happier at work
▼ + stars: | 2023-08-10 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

She retired from her job as a sales associate at Dillard's last month, leaving behind a career that spanned more than seven decades. How her job became her 'second life'For Mebane, her job at Dillard's has always been "more than a paycheck." As a single, working mom, it became a "second life," for her and her son Terry Mebane, he says. "I loved going to work every day," says Mebane, who adds that she never missed a day of work, unless she was really sick. Her best advice for finding a long, fulfilling career is not to take a job simply because it pays well, because "money can disappoint you," Mebane warns.

Persons: Melba Mebane, Mebane, that's, Terry Mebane, William T, Dillard, Drue Dillard Matheny, who's, Terry, — Organizations: Mayer & Schmidt, Tyler High School, Dillard's Locations: Tyler , Texas, Dillard's

☆ Coach is the new 'cool girl' brand for Gen Z
▼ + stars: | 2023-08-10 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

After years of sluggish sales, Coach is seeing regained interest from Gen Z consumers. Gen Z increased its spending on Coach by 10% so far this year, according to a new report. According to a consumer spending report from Earnest Analytics, consumers under the age of 25 increased their spending on the Coach brand by 10% from January through June of this year. Once self-touted as "accessible luxury," Coach has since updated that message and its offerings to reinvent itself. In doing so, it hoped to tap into Gen Z and Millennial shoppers' values and re-elevate its luxury status.

Persons: Gen, Lil Nas, Earnest, Camila Mendes, Joon Silverstein, Coach's, Silverstein, Z, Todd Kahn, Nas X, Kate Spade, Stuart Weitzman, Michael Kors, Jimmy Choo, Versace Organizations: Service, Vogue Business, Business, Fashion, Capri Holdings, Capri Locations: Wall, Silicon, Riverdale, American, York

☆ I visited Walmart during its 'sensory-friendly' shopping hours and loved the calmer, less chaotic shopping environment
▼ + stars: | 2023-08-09 | by ( Grace Mayer | ) www.businessinsider.com time to read: +5 min

Walmart is holding sensory-friendly shopping hours on Saturday mornings during back-to-school shopping season. Walmart is holding sensory-friendly shopping hours on Saturday mornings at most stores for the back-to-school shopping season. Walmart said the shopping hours are part of its efforts to create "a quieter shopping environment that's more enjoyable for customers who live with sensory disabilities." A sign at Walmart's entrance advertised the store's sensory-friendly shopping hours. I don't have a sensory disability, but I found shopping during the sensory-friendly hours a calmer experience overall.

Persons: Grace Mayer, ” Grace Mayer, Grace Meyer Organizations: Walmart, Service, Target, Starbucks Locations: Wall, Silicon, Kansas

☆ 3 key questions Disney analysts say CEO Bob Iger faces ahead of earnings, as concerns mount about succession and streaming profits
▼ + stars: | 2023-08-09 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +12 min

For Disney, Iger's return was a doctor's-orders scenario. "What is the long game for any pure-play media company in a world where we have tech-driven media companies that are much larger than any traditional media company and have fundamentally different business models?" Will Disney sell TV assets like ABC? Industry watchers have focused on private-equity firms as likely buyers of Disney's TV assets. Are you a Disney insider?

Persons: Bob Iger, Bob Chapek, Iger, Disney, Iger's, Peter Csathy, Tom Staggs, Kevin Mayer, Csathy, they're, He's, Paul Verna, Verna, David Heger, Edward Jones, Heger, Hulu —, it's, Dave Portnoy's Barstool, Will, Evercore, Dana Walden, Alan Bergman, Puck, Disney bigwigs, Mayer, Walden, Bergman, Reed Alexander, Lucia Moses Organizations: Disney, ESPN, Walt Disney Co, Hollywood, Creative Media, Apple, PE, Candle Media, Insider Intelligence, Hulu, LightShed Partners, Penn Entertainment, ESPN Bet, Penn, Yahoo Finance, Will Disney, ABC, Geographic, CNBC, Industry, Disney's, Parks

☆ 3 key questions Disney analysts say CEO Bob Iger faces ahead of earnings this week, as concerns mount about succession and streaming profits
▼ + stars: | 2023-08-07 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +11 min

Persons: Bob Iger, —, Bob Chapek, Iger, Disney, Iger's, Peter Csathy, Tom Staggs, Kevin Mayer, Csathy, they're, He's, Paul Verna, Verna, David Heger, Edward Jones, Heger, Hulu —, Will, it's, Evercore, Dana Walden, Alan Bergman, Puck, Disney bigwigs, Mayer, Walden, Bergman, Reed Alexander, Lucia Moses Organizations: Disney, ESPN, Walt Disney Co, Hollywood, Creative Media, Apple, PE, Candle Media, Insider Intelligence, Hulu, LightShed Partners, Will Disney, ABC, Geographic, CNBC, Industry, Disney's, Parks

☆ Mark Zuckerberg and Priscilla Chan have 3 kids: Maxima, August, and Aurelia
▼ + stars: | 2023-08-07 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Meta CEO Mark Zuckerberg and Priscilla Chan have been married since 2012 and have three children. Meta CEO Mark Zuckerberg and wife Priscilla Chan have been married since 2012 after meeting in college. On the day the couple announced Maxima's birth, they also unveiled their philanthropic fund, The Chan Zuckerberg Initiative. Zuckerberg and Chan have also found a balance between teaching their kids part of Zuckerberg's Jewish religion and Chan's Chinese heritage. At the end of the night, Zuckerberg does a bedtime prayer in Mandarin Chinese with his children, Chan told The Times.

Persons: Mark Zuckerberg, Priscilla Chan, Zuckerberg, Aurelia, There's, —, fascinates Zuckerberg, Augustus Caesar, Newborn, Marcus Aurelius, Chan Zuckerberg, Chan, Mark Organizations: Chan Zuckerberg Initiative

☆ Amazon to Meet Regulators as U.S. Considers Possible Antitrust Suit
▼ + stars: | 2023-08-07 | by ( David Mccabe | More About David Mccabe | ) www.nytimes.com time to read: +1 min

commissioners, said the person, who spoke on the condition of anonymity because the discussions are confidential. The scheduled meetings signal that the F.T.C. is nearing a decision on whether to move forward with a lawsuit arguing that Amazon has violated antimonopoly laws. Such discussions are sometimes known as “last rites” meetings, after the prayers some Christians receive on their deathbed. As a $1.4 trillion behemoth, Amazon has turned into a major force in the economy.

Persons: Lina Khan, Rebecca Kelly Slaughter, Alvaro Bedoya Organizations: Federal Trade Commission, Amazon, Metro, Goldwyn, Mayer

☆ Papa Johns’ prices are driving some customers away
▼ + stars: | 2023-08-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +5 min

New York CNN —Consumers are pulling back on discretionary spending, and Papa Johns is taking a hit. Lynch joined Papa Johns (PZZA) in 2019. The vast majority, roughly 2,900 out of about 3,400 total North American Papa Johns restaurants, are franchised, according to the company. Sales at Papa Johns locations open at least a year fell in the second quarter. But now, they’re pushing back – and not just at Papa Johns.

Persons: Papa Johns, ”, Rob Lynch, “, we’ve, I’ve, Lynch, American Papa Johns, Luke Sharrett, Papa, Kraft Heinz, Oscar Mayer, Kraft, Miguel Patricio, ” Patricio, George Frey, James Quincey, Steven Cahillane, “ We’re, ‘, ’ ”, ” Lynch, it’s Organizations: New, New York CNN, American Papa, Papa Johns, Bloomberg, Kraft Mac, Kraft Locations: New York, Papa Johns, Capri Sun, Philadelphia, Europe

☆ KFC is getting an unexpected boost from Trevor Noah's love of breakfast chicken
▼ + stars: | 2023-08-02 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

KFC's "eat fried chicken for breakfast" campaign with Trevor Noah seems to be boosting sales. The campaign, which was launched in South Africa, has lead to strong sales growth, as noted in Yum Brand's earnings call Wednesday. KFC same store sales rose 13%, adding a huge boost to Yum Brands' overall sales. Yum Brand's, which owns KFC, attributed strong sales in South Africa to a chicken campaign with comedian Trevor Noah during the company's earnings call on Wednesday. The brand recently launched chicken nuggets to expand the brand's off-the-bone offerings.

Persons: Trevor Noah, Noah, Bell Organizations: KFC, Yum Brands, Service Locations: South Africa, Wall, Silicon, China, East

☆ Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won't be easy
▼ + stars: | 2023-08-02 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

They're working with ESPN President Jimmy Pitaro on the strategic options for ESPN and, to a lesser degree, Disney's other linear cable networks. In years past, ESPN could still generate revenue growth by increasing programming fees for pay TV distributors, such as Comcast , Charter and DirecTV. As ESPN revenue declines, it will become a larger anchor on Disney's earnings. Disney offers many of its lower-rated live games on its ESPN+ streaming service, which costs $9.99 per month. When ESPN does decide to offer an unbundled subscription service, it will likely cause even more people to cancel pay TV.

Persons: Bob Iger, Kevin Mayer, Tom Staggs, Staggs, Jimmy Pitaro, Iger, CNBC's David Faber Organizations: Disney, ESPN, Mayer, Candle Media, Comcast, Charter, DirecTV

☆ Bed Bath & Beyond stores are gone, but its new website and app are brimming with discounts
▼ + stars: | 2023-08-01 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Overstock has launched a new Bed Bath & Beyond website and app. E-commerce site Overstock — I mean, Bed Bath & Beyond — has just launched new versions of the home goods brand's website and app. And both are brimming with discounts, a staple of the Bed Bath and Beyond shopping experience. And on the Bed Bath & Beyond app, I received a 25% off welcome coupon just for downloading the app. And Bed Bath & Beyond members will receive $50 in reward points, coupons, and a membership for the company's new rewards program.

Persons: Overstock, —, Johnson Organizations: Bed, Service, CNBC, Products Locations: Wall, Silicon, Overstock's

☆ Stocks making the biggest moves midday: SoFi, ON Semiconductor, Disney, Sweetgreen and more
▼ + stars: | 2023-07-31 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

SoFi Technologies – Shares of the fintech company popped more than 18% after it reported second-quarter results and lifted its full-year guidance. ON Semiconductor — The chipmaker's shares jumped 3.2% after it posted an earnings and revenue beat for the second quarter. New Relic — Shares jumped 13.4% after a private equity consortium announced it would take the software company private. Sweetgreen — The salad chain's shares jumped 11% Monday after an upgrade from Piper Sandler. Adobe — The software stock jumped 3.9% after Morgan Stanley upgraded the shares to overweight from equal weight.

Persons: FactSet, Disney, Kevin Mayer, Tom Staggs, Bob Iger, Spero, Sweetgreen, Piper Sandler, XPeng, Cowen, Morgan Stanley, Morgan Stanley's, Goldman Sachs, Wayfair, Salesforce's, — CNBC's Hakyung Kim, Yun Li, Sarah Min, Tanaya Macheel, Samantha Subin Organizations: SoFi Technologies, Disney, Financial Times, Food and Drug Administration, UBS, Hasbro, of, Bank of America, CVS, Adobe, Chevron, New York Community Bancorp, Deutsche Bank, CSX, RBC Locations: Bob Iger .

☆ Stocks making the biggest moves premarket: Hasbro, Adobe, GoodRx, SBA Communications and more
▼ + stars: | 2023-07-31 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Chevron — Shares rose 1.6% after Goldman Sachs upgraded Chevron to buy from neutral and hiked its price target. Hasbro — The toymaker added 2.9efore the bell after Bank of America upgraded the stock to buy from neutral. United Parcel Service — Shares fell 1% after Credit Suisse downgraded UPS to neutral from outperform, citing labor concerns. Cowen also raised its price target to reflect about 78% potential upside. SBA Communications — Shares fell 1.6% in premarket trading.

Persons: Morgan Stanley, Goldman Sachs, Jefferies, Walt Disney, Bob Iger, Kevin Mayer, Tom Staggs, XPeng, GoodRX, Cowen, It's, —, Alex Harring, Hakyung Kim, Tanaya Macheel, Samantha Subin Organizations: Chevron, Ford, Disney, Financial, UBS, Hasbro, Bank of America, United Parcel Service, Credit Suisse, CVS, SBA Communications, Semiconductor, FactSet Locations: U.S

has brought back two former heirs apparent, Kevin Mayer and Tom Staggs, to advise on the future of Disney’s legacy TV businesses were sure to get Hollywood talking. Mr. Mayer and Mr. Staggs will help Iger think about “linear” TV properties like ABC, according to Puck. Both men had once been tipped as potential successors to Iger — Mr. Mayer as head of M.&A. (Mr. Iger chose Bob Chapek to take over, but he was ousted after two years and replaced by … Mr. Mr. Mayer and Mr. Staggs now run Candle Media, an investment company that has bought an array of production studios.

Persons: Robert Iger, Kevin Mayer, Tom Staggs, Iger’s, Mayer, Staggs, Puck, Iger, Mr, Bob Chapek, … Mr Organizations: Disney, ESPN, Media

☆ Analysis: Tony Bennett sang in a key that Jason Aldean’s song can’t reach
▼ + stars: | 2023-07-30 | by ( John Blake | ) edition.cnn.com time to read: +13 min

White jazz artists were antiracists before the term was inventedMany of the tributes to Bennett mentioned his disdain for bigotry. Many White jazz artists were antiracists, long before the word was invented. Frank Sinatra, Bennett’s musical mentor, recorded with and relentlessly championed Black jazz artists like Ella Fitzgerald and Count Basie. He hired a Black jazz bassist, Eugene Wright, and refused to play in segregated venues. There are countless photos of a beaming Bennett hanging out with Black jazz artists.

Persons: Tony Bennett, Ed Sullivan’s, Bennett, ”, Duke Ellington, “, ’ ” Bennett, there’s, Jason Aldean, Aldean, Dick Gregory, Coretta Scott King, Rick Diamond, Bennett —, ” Bennett, Frank Sinatra, Bennett’s, Ella Fitzgerald, Count Basie, Sinatra, Nat King Cole, Dave Brubeck, Eugene Wright, Benny Goodman, Jim Crow, Ellington, Louis Armstrong, don’t, It’s, that’s, Lionel Hampton, Goodman, Michael Ochs, Amy Winehouse, Winehouse, fidgety, “ We’ll, “ You’re, ” Winehouse, Lady Gaga, John Mayer, Elvis Costello, Bennett’s unflappability, Bennett wasn’t, Brubeck, Miles Davis, Jimi Hendrix, Bill Evans, Mark Allan, Greg Thomas, ” Thomas, Carrie Underwood, Faith Hill, Willie Nelson, Billy Ray Cyrus, Lil Nas, Wynton Marsalis, Bennett –, Anthony Dominick Benedetto, –, Thomas, John Blake Organizations: CNN, Toronto Star, MLK, Atlanta Civic Center, US Army, Carnegie Hall, Michael Ochs Archives, Jazz, Studios Locations: New York, Tennessee, America, Atlanta, Nazi, African, British, Turkey, Japan, London, Aldean, American, Europe, United States

☆ What happened to Something Navy: How Arielle Charnas' clothing brand went from internet sensation to defunct site in 3 years
▼ + stars: | 2023-07-27 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Something Navy is an apparel brand that was created by fashion influencer Arielle Charnas in 2020. Now, the company has endured losses in sales and more than half its employees and CEO have left. The apparel brand launched by fashion influencer Arielle Charnas in 2020 has faced faltering sales, hordes of employees have left the company, and the brand has fallen behind on payments to suppliers. Currently, no merchandise is being sold through Something Navy's website, where a note says: "The Something Navy site is getting a little refresh. Something Navy, which is a private company, was valued at $100 million a year after the brand launched, the company told Insider in 2021.

Persons: Matt Scanlan, Silas Capital, Silas Chou, Jenny Fleiss, Charnas, Brandon Charnas Organizations: Navy, Service, Something, Kind Venture, Silas, US Securities and Exchange Commission, SEC, Staples, Something Navy Locations: Wall, Silicon, Hong Kong

☆ Bud Light owner laid off hundreds of US workers, following months of backlash
▼ + stars: | 2023-07-27 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

The Bud Light owner has faced months of lagging US sales since April. The backlash began after transgender influencer Dylan Mulvaney posted a Bud Light promotion. The beer company has faced lagging sales and backlash after Bud Light's promotion with Dylan Mulvaney, a transgender influencer. The decision follows a months-long plunge in Bud Light sales. Bud Light has been embroiled in backlash since April when Mulvaney posted a Bud Light promotion on her Instagram.

Persons: Bud, influencer Dylan Mulvaney, Bud Light, Bud Light's, Dylan Mulvaney, Brendan Whitworth, —, Mulvaney Organizations: Anheuser, Busch, Wall Street Journal, Service, Privacy, Corporate, Bud Light, Modelo Especial Locations: Wall, Silicon, Mexican

☆ What the New York Times says the ultrawealthy are buying, from $530 napkins to $24,500 sport coats
▼ + stars: | 2023-07-26 | by ( Grace Mayer | ) www.businessinsider.com time to read: +1 min

Quiet luxury is trending among the ultrawealthy. These subtle displays of wealth come in all shapes, The New York Times reported in a recent piece. According to a recent article in the New York Times, when quiet luxury, or stealth wealth, is done well, "wealth display is noticeable, but only to those who know what they're looking for." From $530 hand-embroidered placemats and napkins to $15,000 coffee makers, here's what to look for. Read more of The New York Times article here.

Persons: Prada, Kendall Roy's, Lomax, Read Organizations: New York Times, Service, Forbes Locations: Wall, Silicon

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