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Read previewDomino's Pizza is the latest American brand to face blowback as some consumers change their buying habits in light of Israel's invasion of Gaza. Domino's Pizza Enterprises, a franchisee of the US company that operates Domino's restaurants in Australia, Europe, and Asia, said same-store sales in Asia fell an estimated 8.9% in the second half of 2023. Domino's Pizza Enterprises also operates in countries including Singapore, Japan and Taiwan. Spokespeople for Domino's Pizza Enterprises and Procter & Gamble did not immediately respond to Business Insider's request for additional comment. In an investor presentation last month, Unilever CEO Hein Schumacher said that some of its brands in Indonesia have been affected by "the wars in the Middle East."
Persons: , America —, Donald Meij, Domino's, Gamble, McDonald's hasn't, Ian Borden, Borden, Hein Schumacher Organizations: Service, Business, Pizza Enterprises, Enterprises, Palestine, CNN, Israel, Procter & Gamble, Bloomberg, Starbucks, Domino's Pizza Enterprises, Procter, Reuters, Unilever Locations: Gaza, Australia, Europe, Asia, Malaysia, Singapore, Japan, Taiwan, Israel, Indonesia, Pakistan, pushback, Egypt, Jordan, London
Nearly half of Americans have $500 or less in their savings accounts, an amount that leaves them vulnerable to unexpected expenses, according to a GOBankingRates survey of 1,063 U.S. adults conducted in November 2023. About 29% of respondents have between $501 and $5,000 in their savings accounts, while the remaining 21% of Americans have $5,001 or more. This leaves them vulnerable to unexpected expenses, underscoring the importance of having an emergency fund, if they're able to build one. Why an emergency fund is importantFinancial planners commonly recommend keeping a reserve of cash, known as an emergency fund, on hand to cover unexpected expenses. To get started, you'll need to find room in your budget for monthly emergency savings contributions, which can be easier said than done.
Persons: Alex Lozano, Christopher Lazzaro, Lazzaro, Lozano, It's Organizations: Lozano Group Wealth Management
The main reason: California fast-food workers are getting a big bump in pay to $20 an hour under a new state law that goes into effect in April. That new wage is nearly 30% more than most employers pay fast-food workers. 1 thing every California fast-food food owner was talking about. Raising wages for managers and shift leaders so they won't fleeThe minimum wage in California is $16 an hour. "This program should have been phased in over time instead of jumping the California minimum wage for our staff by 25% in one single day," he said.
Persons: , Marcus Walberg, Walberg, He's, Seth Lederman, Frannexus, Lederman, he'd, he's, We'll Organizations: Service, Business, Florida Locations: Los Angeles, California, Chili's, McDonald's
The study relied on AI's discovery of similarities between different fingers belonging to the same person to argue that each fingerprint is, in fact, not totally unique. Some of the pairs came from two different fingers belonging to the same person, while other pairs were two different people's fingers. The AI system discovered that fingerprints from different fingers belonging to the same person were incredibly similar. Researchers honed in on the angles and curvatures at the center of the fingerprint to find these similarities, Guo told CNN. "I think this study is just the first domino in a huge sequence of these things," Guo told CNN.
Persons: , Gabe Guo, Hod Lipson, Xu, Guo, Christophe Champod, Sarah Fieldhouse Organizations: Service, Columbia University, CNN, Columbia Engineering, University of Buffalo SUNY, Forensics, School of Criminal, University of Lausanne, Staffordshire University, BBC Locations: Switzerland
I visited Iceland for the first time in November on a reporting trip. Grace Dean/Business InsiderBut Iceland's population is concentrated in the west of the country. Grace Dean/Business InsiderYou can't find the chains you're used toThere's no McDonald's, Starbucks, or Burger King in Iceland. I found this surprising considering how far west of the UK Iceland is. Grace Dean/Business InsiderA lot of Polish people live in IcelandAccording to data from Statistics Iceland, more than 20% of Iceland's population was born overseas.
Persons: , Grace Dean, Burger, expats, Jewells Chambers, Sonia Nicolson, Chambers Organizations: Starbucks, Service, Lights, KFC, Nordic, Homes, Greenwich, Statistics Locations: Iceland, Reykjavik Iceland, California, Reykjavik, Vik, Iceland's, Subway, Finland, Norway, Sweden, New York, England, Iceland . Towns, Statistics Iceland, Poland, Europe, Lithuania, Denmark, Romania
In this article HLAG-DEMAERSK.B-DK Follow your favorite stocks CREATE FREE ACCOUNTA ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty ImagesU.S. shipping costs are spiking as attacks in the Red Sea disrupt global trade, raising fears that inflation might pick up again if the disruption persists. But the Red Sea crisis is now having a significant impact further afield with shipping costs between Asia and the U.S also spiking. Shipping rates from North Asia to the U.S. East Coast have jumped 137% to $5,100 for a 40-foot container from early October, according to S&P Global. JPMorgan told clients on Tuesday that the fight against inflation could stall in the coming months if shipping costs push the price of goods higher.
Persons: Sayed Hassan, John Kirby, Kirby, Biden, Chris Rogers, Mark Hopkins, we're, Hopkins, It's, Balika Sonthalia, Sonthalia Organizations: Getty, P Global Market Intelligence, P, U.S ., U.S . East Coast, U.S . West Coast, JPMorgan, Federal Reserve, . National Security, White, Moody's, CNBC, Kearney, The New, The New York Federal, HSBC Locations: Suez, Ismailia, Egypt, South Africa, Asia, Europe, North Asia, Israel, U.S, U.S . East, U.S . West, The New York, Panama
Michael, a ride-hailing driver in his late 30s, made more than $110,000 in gross earnings driving for Uber and Lyft in 2022. He said he'd noticed ride-hailing driving had become increasingly less profitable after more than 17,000 rides across six years. AdvertisementAmericans with disabilities are increasingly looking to gig work — particularly ride-hailing driving — to pay their bills and to find work schedules that fit their needs. But for drivers such as Michael, gig work is unsustainable, given all the associated costs that go into ride-hailing driving and the lack of benefits. AdvertisementHe switched to Uber full-time shortly after, driving in the nighttime as rides were most profitable and competition was sparse.
Persons: Michael, Uber, who's, he'd, He's, we're, , wasn't, hasn't Organizations: Service, Business, Uber, New Jersey —, Arizona State University, Diamond Locations: New Jersey, New York City, New Jersey — New York, York, nsheidlower@businessinsider.com
The consumer discretionary and growth/tech sectors are the typically the first ones to take a beating when markets start pulling back. With this view in mind, I am looking to put on a bearish options trade on Domino's Pizza (DPZ) , which belongs to the sector. The Trade Setup: DPZ $410-$415 bear call spread With a bearish directional bias in place, the trade structure I have chosen is called a bear call spread also known as a call credit spread. To construct my trade, I will want to sell a $410 call option and buy a $415 call option as a single unit. So it is best not to trade when an earnings event overlaps your trade window.
Persons: seasonality, DPZ, Nishant Pant
Veev also promised they would be green and less expensive, thanks to its factory process. The Veev representative said "no employee was requested to do so as a policy." The Veev representative said "production lines were not idle," and design errors were inevitable because the company was still testing its product. "While the Series D money was committed, not all of it was received," the Veev representative said. "Veev and Lennar made a joint decision to stop building the Gramercy project," the Veev representative wrote.
Persons: Henry Ford, Veev, Lennar, Elon, Veev Veev, Amit Haller, Ami Avrahami, Dafna Akiva, Haller, Ari Rauch, Rauch, Bond, Calcalist, I've, Scott Long, thatit, Long, Veev's Organizations: Federal Reserve, Business, Katerra, Industry, American, BI, NSF, Fortune, Employees, Dow Chemical, Lennar, Gramercy, Hayward, Wall LLC Locations: Hayward , California, homebuilding, San Carlos , California, Tel Aviv, California
CNN —Owen Monroe was 18 days old when he made history, becoming the first person in the world to receive a partial heart transplant. At the time of his first operation, Owen’s heart was the size of a strawberry. Researchers have been working to make growing heart valves a reality through tissue engineering, germinating them from cells in a lab. She wrote a recent editorial about the potential of partial heart transplants, but she was not involved in this research. Another child who’s gotten a partial heart transplant hasn’t needed any anti-rejection medication and is doing well.
Persons: CNN — Owen Monroe, Hollywood scriptwriters, , Kathleen Fenton, Owen Monroe's, Nick, Tayler Monroe “, ” Fenton, , Joseph Turek ,, Turek, Tayler Monroe, Owen’s, Owen, Owen Monroe, truncus, ” Nick Monroe, They’re, , , Nick Monroe, Owen wouldn’t, Monroe, ” Monroe, ” Owen Monroe Nick, ’ ”, Ronald McDonald, there’s, ’ ” Monroe, aren’t, ” Turek, they’re, who’s, Dr, Sanjay Gupta Organizations: CNN, Hollywood, Advanced Technologies, Surgery, Blood Institute, Duke Health, Staff, CNN Health
Bank of America raised its rating on Adecoargo to buy , with its price target pointing to more than 26% upside. The firm maintained its $450 price target on the pizza chain, which implies shares could jump 12.6%. Analyst Doug Anmuth upped his price target by $15 to $220, implying shares could still gain more than 13%. The firm's new $230 price target implies the overweight-rated stock could gain 18.5% over the next 12 months. The analyst increased his 2024 year-end price target to $30 per share, which suggests 32.2% potential upside from Monday's close.
Persons: Piper Sandler, Oppenheimer Oppenheimer, Brian Bittner, Bittner, — Pia Singh, Jessica Reif Ehrlich, Ehrlich, Doug Anmuth, Morgan Stanley, Benjamin Swinburne, Roth, Chip Moore, Moore, Nuvera, Yuri Fernandes, Fernandes, , Piper Sandler downgrades Albemarle, Charles Neivert, Neivert, Isabella Simonato, Fred Imbert Organizations: CNBC, Bank of America, Spotify, Analysts, JPMorgan, Yale, Hyster, Argentine Locations: Argentina, Albemarle, 4Q23, China, Europe, 2024E, 2025E
Goldman Sachs reiterates Nike as buy After a transfer of analyst coverage, Goldman Sachs said it sees improving growth for Nike shares. UBS downgrades United Rentals to neutral from buy UBS said in its downgrade of the equipment rental company that it sees a more balanced risk/reward. UBS reiterates Apple as neutral UBS said its analysis of Apple's App Store shows revenue increasing. UBS reiterates Netflix as buy UBS said it's standing by its buy rating on Netflix shares after hosting the company at a conference. William Blair reiterates Charles Schwab as outperform William Blair named Schwab a top pick for 2024, noting it's well-positioned.
Persons: Raymond James, Piper Sandler downgrades Albemarle, Piper Sandler, it's, Goldman Sachs, Roth, Roth MKM, TD Cowen, Bernstein, Mizuho downgrades Prologis, Wells, Wells Fargo, Oppenheimer, Domino's, Elliott, Morgan Stanley, Meta, Needham, Coinbase, JPMorgan, Raymond James downgrades Lululemon, LULU, Strong, William Blair, Charles Schwab, Schwab Organizations: Crescent Energy, Energy Company, Eagle Ford, UW, Nike, Bank of America, UBS, Credit Suisse, Yale, HY, United Rentals, Apple, Semiconductors, JPMorgan, IBM, Consulting, Mizuho, Marriott, of America, Netflix, Management, Integra, Financial, ISI, Disney, BR, Cargo Therapeutics, Citi, Travere Therapeutics Locations: Houston, Uinta, Eagle, LTHM, 2024E, 2025E, Argentina, Boston, China, Mexican
The weather event El Niño is impacting the climate patterns, causing temperatures to rise. The UN World Meteorological Organization expects the warming El Niño weather to last into 2024. AdvertisementMass flooding in Africa is displacing hundreds of people in Kenya by flooding roads and communities. The chaotic weather stems from the El Niño Southern Oscillation, a weather event that occurs naturally and irregularly about every two to seven years. In eastern Africa, El Niño typically causes wet conditions, according to the WHO.
Persons: , El Organizations: UN World Meteorological Organization, Service, El, World Health Organization, WHO Locations: Kenya, Africa, Southern
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMcDonald's burger upgrade is multi-year driver for stock, says Morgan Stanley analystBrian Harbour, restaurant analyst at Morgan Stanley, joins 'The Exchange' to discuss the upcoming investor days for McDonald's and Domino's, the 2024 outlook for fast food, and more.
Persons: Morgan Stanley, Brian Harbour
SIGNA PRIME/PROPERTY PORTFOLIOAccording to Signa, Prime is the group's largest company in its real estate division, valued at around 20.4 billion euros ($22.23 billion). Since 2019 Signa Holding has also been a co-owner of New York's iconic Chrysler Building. TRADING/RETAIL COMPANIESBenko has bundled his trading interests under the divisions Signa Retail and Signa Premium. In Switzerland, Benko's trading investments are bundled into Signa Retail Selection AG, which filed for bankruptcy protection on Wednesday. In 2018, Signa Holding bought around 24% stake in Austrian daily newspapers "Krone" and "Kurier" from Funke media group.
Persons: Lisi Niesner, Rene Benko, Ernst Tanner, Hans Peter Haselsteiner, Torsten Toeller, Arthur Eugster, SIGNA, Signa, Otto Wagner, Benko's, Klaus, Michael Kuehne, Kuehne, Hamburg's, Chirathivat, Benko, Frasers, Kaufhof, Karstadt, Galeria, Alexandra Schwarz, Goerlich, Mattias Inverardi, Victoria Farr, Emma, Rachel More, Elisa Martinuzzi, Tomasz Janowski Organizations: Signa, REUTERS, Chrysler, Bank Austria, Femina, Chrysler Building, . Central Group, Globus, Selfridges, Central Group, Funke, Thomson Locations: Berlin, Germany, New, Britain's Selfridges, Innsbruck, Swiss, Vienna, Hamburg, KaDeWe, Oberpollinger, Munich, Vienna's, Tyrol, Essen, Duesseldorf, London, Switzerland
Companies should pass those savings on to consumers," White House Press Secretary Karine Jean-Pierre told reporters aboard Air Force One, en route to Colorado. "That's why taking on price gouging has been part of the President's economic agenda." But drawing a direct line from corporate pricing practices to how voters feel about the economy could prove challenging for the Biden White House. "Whether it's junk fees, whether it's price gouging, whether it's calling out big pharma, whether it's calling out big oil, we're going to continue to do that," Jean-Pierre said Tuesday. "Because of the price gouging, we see American families hurting," she said.
Persons: Joe Biden, Joe Biden's, Karine Jean, Pierre, Biden, Jean Organizations: Warehouse Union, Pacific Maritime Association, White, Companies, House Press, Air Force, Black, Biden White, Consumers Locations: Washington ,, Colorado
Walking toward the shrinking remnants of what used to be the Aral Sea in Uzbekistan was like entering hell. I reached the edge of one of the scattered lakes which are all that remain of this once-great body of water. In the nearby town of Muynak, black and white newsreels in the local museum, and pictures in the family photo albums of residents, tell of better times. During the Soviet era, fishing communities like Muynak ringed the sea, thriving off its bounty: sturgeon, flounder, caviar and other staples of Soviet dinner tables. But over the decades, Soviet authorities diverted rivers that flowed into the sea to irrigate cotton and other crops.
Persons: Oktyabr Dospanov, Locations: Uzbekistan, Muynak, Michigan
Carnival — Shares added 1% after being upgraded to buy from hold by Melius Research . Crown Castle — The telecommunications stock jumped nearly 4% following an activist push for change at Crown Castle. Shares of Crown Castle are down 20% this year. Okta — Shares of the software company dropped 3% Monday after JMP Securities downgraded Okta to market perform. Teva Pharmaceuticals — U.S.-traded shares jumped 3% after an upgrade from UBS to buy from neutral.
Persons: Locker, Josh Weinstein, Melius, Okta, JMP, Albemarle —, Etsy, TD Cowen, , Alex Harring, Hakyung Kim, Sarah Min, Michelle Fox, Jesse Pound, Darla Mercado Organizations: Citi, Melius Research, Crown, Elliott Investment Management, Sunday, JMP Securities, Albemarle, Battery Tech, U.S, Teva Pharmaceuticals —, UBS, Xenon Pharmaceuticals, , Adobe Analytics Locations: Crown, Albemarle
With their well-entrenched businesses, high sales growth, and strong balance sheets he believes they will continue to outperform next year. Thankfully, Kostin wrote that "equity valuations appear less stretched in absolute and relative terms after adjusting for record high market concentration." "In a recession, we expect the S&P 500 would end 2024 at 3700 (-18%)," Kostin wrote. First, Kostin wrote investors should "own growth stocks with high returns on capital that typically outperform given stable economic growth and interest rates." To that end, Kostin shared Goldman Sachs' basket of 50 stocks the analysts there believe are the highest quality on the market.
Persons: Goldman Sachs, David Kostin, Kostin isn't, Kostin, Altman Organizations: Business
Wall Street experts are able to delve into the details and determine which stocks might have the best prospects for the long term. Here are five stocks favored by the top pros on the Street, according to TipRanks, a platform that ranks analysts based on their past performance. Saleh holds the 504th position among more than 8,600 analysts on TipRanks. (See Domino's Options Activity on TipRanks)Palo Alto NetworksAnother BTIG analyst, Gray Powell, is bullish on cybersecurity company Palo Alto Networks (PANW). Feinseth ranks No.337 among more than 8,600 analysts on TipRanks.
Persons: Peter Saleh, Saleh, Uber, Gray Powell, Powell, billings, Goldman Sachs, Kash Rangan, Rangan, TipRanks, Ivan Feinseth, Feinseth Organizations: Domino's, TipRanks, Palo Alto Networks, Google Cloud, Tigress, Intel Locations: Palo, billings, TipRanks
The wholesale club sells gift card bundles with discounts of 20% or more on the combined face value. In addition, the company's own Shop card acts as an access pass for non-members to visit a warehouse. AdvertisementThe same things that make cash a great holiday gift — it's always the right size and color — largely apply to gift cards as well. Warehouses often have jumbo-sized sheets of gift cards on display featuring national chains as well as local restaurants and teams. While buying gift cards through Costco may be a bargain, the better gift (for certain recipients) just might be a gift card to Costco.
Persons: , — it's, Papa Johns, Eddie Organizations: Costco, Service, Papa, NFL, NHL, MLB
BANGALOW, Australia, Nov 22 (Reuters) - When Lucy was rescued from a rural property in New South Wales two years ago, she was suffering from chlamydia, a disease widespread among koalas. Today, she's one of the lucky residents of tree corridors in the Australian state dedicated to protecting the marsupial by preserving its rapidly shrinking habitat. "Our corridors are actually trying to get them away from humans, from cars, from dogs," said Linda Sparrow, president of Bangalow Koalas. [1/5]Lucy, an adult female Koala sits in a eucalyptus tree planted by Bangalow Koalas, in Bangalow, Australia in this undated image. Saul Goodwin/Handout via REUTERS Acquire Licensing RightsFounded in 2019, Bangalow Koalas has planted over 336,000 trees on 119 properties, contributing to koala conservation and boosting the local ecosystem.
Persons: Lucy, Linda Sparrow, Bangalow, Bangalow Koalas, Saul Goodwin, Handout, Sparrow, Lindy Stacker, Jill Gralow, Alasdair Pal, Miral Organizations: Australia, REUTERS Acquire, Australian Koala Foundation, World Wildlife Fund, Thomson Locations: BANGALOW, Australia, New South Wales, Northern Rivers, Bangalow, Northern, Queensland
Pizza chains Domino’s and California Pizza Kitchen offered second pizzas for free—but only when customers returned at a later date. Illustration: Thomas R. Lechleiter/The Wall Street JournalBuy-one, get-one-free offers are evolving from one of marketers’ simplest and most alluring tools to…something more complicated. BOGOs, as they are called in the industry, once mostly existed to help companies clear out excess inventory, hit sales targets or go head-to-head with competitors at key moments. But marketers’ increasing obsession with data means many of their offers now come with red tape that is designed to either help collect information about their consumers or capitalize on a data-driven insight.
Persons: Thomas R Locations: California
(CNN) — Back in February, Nattawin Wattanagitiphat’s fans spared no expense in marking the Thai actor’s 29th birthday. Local media reported his birthday haul totaled 50 million Thai baht, or around $1.4 million. But more often than not, the Thai stars who are able to build international fan bases tend to be actors. “K-pop stars dedicated their lives training (from a young age) to be idols,” but Thai stars, she said, can be more relaxed. We don’t really keep the talent in a box like Korean companies do.”Another advantage some Thai celebrities have is their ability to resonate among Chinese audiences.
Persons: Nattawin, Christian Dior, Lefty.io, Karla Otto, TikTok, Kylie Jenner, Zendaya, Pascal Le Segretain, Dior, Tontawan Tantivejakul, Lalisa Manobal, Lisa, Celine, There’s, Pharrell Williams, Louis Vuitton, Davika Hoorne, Urassaya Sperbund, , Calvin Klein, Bright’s, Metawin, , Nichapat, Sumettikul, “ KinnPorsche ”, Ralph Lauren, Kanawut, Suphap, It’s, , , ” Suphap, Blackpink, Jisoo, Jennie, Rose, Evan Agostini, Dior womenswear, Jennifer Lawrence, Robert Pattinson, Fatti, ” Laleh, ” Davika Hoorne, Michael Kors, Jamie McCarthy, Traipipattanapong, Gucci, Justin Shin, Krisda Witthayakhajorndet, Thais Organizations: The, Fashion, CNN, Thai, Rolex, Vogue, Mastercard, Bain & Company, American Vogue, Burberry, Prada, Venture Management, Gucci, MTV, Apo, South Locations: , Asia, India, Instagram, Thailand, North, South Asia, Thai, Southeast Asia, Pacific, Bangkok, Pee Mak, Norwegian, American, Vogue Thailand, Newark , New Jersey, Launchmetrics, Paris, Blackpink, Brooklyn , New York, Seoul, South Korea
Is the rule of Myanmar's junta under threat?
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +5 min
Importantly, they were joined also by members of so-called people's defence forces, a loosely organised movement backed by Myanmar's parallel, National Unity Government (NUG). HOW SERIOUS A THREAT IS THE JUNTA FACING? It is too soon to predict the extent to which the military's rule in the rest of the country could be under threat, analysts say. But the 1027 offensive has given a black eye to a well-equipped military with decades of experience fighting insurgencies. With its reputation at stake, the junta is unlikely to concede easily and risk a domino effect of challenges to its authority in more regions of a country where its rule is deeply unpopular.
Persons: Martin Petty, Robert Birsel Organizations: REUTERS, Myanmar National Democratic Alliance Army, National Liberation Army, Arakan Army, National Unity Government, AA, Security, Thomson Locations: Myanmar, Myanmar's Khawmawi, India, Zokhawthar, Champhai district, India's, Mizoram, Shan State, China, Rakhine State, Kayah, Thailand, Sagaing, Chin State
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