DIRS.INFO The most relevant business & tech news

☆ An expert in the risks of alcohol drank heavily for years. His 'dry by default' rule helped him drink less, lose weight, and live a fuller life.
▼ + stars: | 2024-11-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Alcohol harm expert Richard Piper used to drink heavily. His 'dry by default' rule helped him reduce the risks of drinking without going sober. Being "dry by default" means Piper will drink on rare occasions rather than most days, for example when non-alcoholic alternative to a beer he likes isn't available. Advertisement"There is no such thing as healthy drinking," Piper said. AdvertisementDrinking doesn't only bring health risks.

Persons: Richard Piper, Piper, Zers, Gallop, Niall Carson Organizations: Gallup, Getty Images Research, European, of Public Health, European Union, US Department of Health, Human Services

☆ I've sailed on Royal Caribbean, Carnival, and Norwegian ships. Here's which was my favorite — and how to choose the right cruise for you.
▼ + stars: | 2024-11-15 | by ( Brittany Chang | ) www.businessinsider.com time to read: +9 min

AdvertisementI've been on Norwegian, Carnival, and Royal Caribbean's newer cruise ships. Brittany Chang/Business InsiderWhen a few rounds of foosball and ping-pong have worked up your appetite, you'll have 16 dining venues to choose from. AdvertisementNorwegian Cruise LineNorwegian Cruise Line has 18 cruise ships. Norwegian Cruise LineIt's the only cruise line on the list with a semi-inclusive "More at Sea" — formerly known as "Free at Sea" — promotion. The company operates 28 cruise ships, several of which are the biggest in the world.

Persons: Bauer, Griffin, Brittany Chang, It's, Guy, you'll, Finnbarr Webster, Norwegian Luna, Prima flaunts, Pieter De Boer, Firenze, There's Organizations: Royal, Firenze, Costa Cruises, Grill, Cruise Line, Cruise, Norwegian Aqua, Prima, Seas Locations: Royal Caribbean, roundtrip Port Canaveral , Florida, Bahamas, Brittany, Norwegian, Alaska, Europe, Asia, Jacksonville , Florida, Haven, CocoCay, Mexican, Los, Ensenada, Mexico

☆ England’s first luxury sleeper train is a garden party on wheels
▼ + stars: | 2024-11-12 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

London CNN —Britain, birthplace of rail transport, will get its first ever luxury sleeper train touring England and Wales next summer. The 18 cabins, including three grand suites and 15 suites, will be of an exquisite opulence not before seen on Britain’s rails. The unique charm of train travel compared to other luxury transport options, however, is the sociability. The Cornwall itinerary, in England’s southwest tip, takes in the rugged coastline of Penzance and the charming villages surrounding Lostwithiel. The Lake District, regarded by many as England’s finest natural wonder, is filled with dramatic peaks and serene bodies of water.

Persons: Ottavia, Palomba, lounging, Simon Rogan, ”, Rogan, Richard Trevithick Organizations: CNN, London CNN, Wales, Albion Nord, Rail Locations: London, Britain, England, Cornwall, Lake District, Wales, Belmond, British, Victorian, Britain’s, South Wales, England’s, Penzance, Lake, Snowdonia, Pembrokeshire

☆ A Trump win could have a 'negative impact' on these 3 stocks due to tariff risks, says TD Cowen analysts
▼ + stars: | 2024-11-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Three global alcoholic beverage makers are likely to see a "negative impact" from a Republican victory in the U.S. election due to the potential for trade tariffs, according to TD Cowen analysts. Guinness maker Diageo would be one of the companies to be impacted by a "smaller degree," according to the bank's analysts. These tariff measures were relaxed by the EU in early 2022, but are expected to be reinstated and doubled to 50% in 2025. STZ 5Y line Diageo Tariffs could "hit multiple areas of the business" at Diageo, TD Cowen analysts said. The company, which makes the Don Julio tequilas in Mexico, has nearly a quarter of its total sales in the U.S. reliant on tariff free trade at the southern border.

Persons: Cowen, Jack Daniel's, Brown, Forman, Donald Trump, Cowen's Robert Moskow, BF.B, Don Julio tequilas, DEO Organizations: Republican, Canada's, Dominion Bank, Constellation Brands, Guinness, Diageo, European Union, EU, Constellation, Corona, Trump Locations: U.S, Canada's Toronto, Corona, Mexico

☆ A Controversial Vacation Homes Tax Is Dividing Lake Tahoe
▼ + stars: | 2024-11-05 | by ( Amanda Yen | ) www.businessinsider.com time to read: +12 min

My grandparents' vacation cabin in Lake Tahoe is the stuff of legend. My grandparents' little house in South Lake Tahoe, which they bought for $113,000 in 1984, quickly became a haven for my family. Framers of the Tahoe tax measure took inspiration from Berkeley, California, which adopted a vacancy tax this year. Since the city of South Lake Tahoe was incorporated in 1965, it's been populated by a healthy mix of year-round and seasonal residents. As of October 2024, the median sales price for homes in South Lake Tahoe was $750,000, according to Realtor.com.

Persons: George Rose, it's, Amelia Richmond, —, Steve Teshara, Teshara, Frederic Lewis, Sherri Maslyar, Jeff Cowen, we'd, Amanda Yen, I'd Organizations: of Commerce, South Tahoe Association of Realtors, BI, Colorado and, Survey, Tahoe Chamber of Commerce, Realtors ' Association, Business, Tahoe, Planning Association Locations: Tahoe, South Lake, Berkeley , California, Oahu, Colorado, Aspen, Vail, Breckenridge, Bay, Colorado and Utah, Park City , Utah, Richmond, Emerald

Benefits of a joint credit cardA joint credit card can offer various benefits, particularly for couples, close friends, or family members. How to apply for a joint credit cardUnderstanding eligibility criteria and the necessary documentation is the first step in your joint credit card journey. Application process and requirementsApplying for a joint credit card is, for the most part, the same as applying for a credit card as an individual. Best practices for resolving disputes over joint credit card expensesOpening a joint credit card can lead to stressful — and expensive — disagreements if you and the co-cardholder aren't on the same page. Frequently asked questions about joint credit cardsCan joint credit cards affect both credit scores?

Persons: —, You'll, cosigning, Eric Rosenberg, Eric, Read, Meghan Hunter Meghan Hunter, Guy, she's, Meghan Organizations: Apple, U.S . Bank, Finance Locations: Chevron, Ventura , California, Portugal

☆ Booze sales fall back to earth — except for one retailer
▼ + stars: | 2024-11-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

That has forced Remy Cointreau, whose stock has fallen 50% for the year, to slash its full-year guidance and expects another year of double-digit declines in sales. The declines are a “normalization” within the industry, with alcohol sales nearing their pre-Covid levels, according to Marten Lodewijks, IWSR’s president for the US division. Cheaper private labels have had a boon in sales, mirroring a larger trend of customers seeking more affordable options in all aspects of their life. Aldi’s lineup is growing double digits in sales, bucking the broader industry trends of declines, Arlin Zajmi, director of national buying for adult beverages, told CNN. Aldi has seen its wine and beer sales soar.

Persons: Remy Cointreau, Pernod Ricard, Jose Cuervo, Proximo, ” Lisa Hawkins, ”, Luca Marotta, Remy Cointreau’s, Jameson, Kahula, Hélène de Tissot, Marten Lodewijks, bottlers, Arlin Zajmi, Scott Olson, it’s, ” Zajmi, ” Bryan Roth Organizations: New, New York CNN, Anheuser, Busch, CNN, Spirits, Consumers, Aldi Locations: New York, United States

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn’t gone away since. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation’s roughly 33 million small businesses employ nearly half the nation’s workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. “Whether we like it or not, Asia is the bike manufacturing hub of the world,” said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold. San Diego-based entrepreneur Nichole MacDonald said profit margins for her patented, 10-pocket Sash Bag have been thinning in recent years as material and freight costs have jumped, and tariffs aren’t helping.

Persons: Donald Trump, Chris Smith, Trump, hasn’t, Smith, ”, Biden, —, who’ve, Erica York, Julia Demaree Nikhinson, they’re, Jonathan Gold, Gold, “ they’ve, Ryan Zagata, Zagata, he’d, Felix Tintelnot, Trump’s, ” Trump, Brian Hughes, Nichole MacDonald Organizations: Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University, “ Locations: Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India

☆ After six years of tariffs, small-business owners aren't eager for more
▼ + stars: | 2024-11-01 | by ( Alexandra Byrne | ) www.cnbc.com time to read: +9 min

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn't gone away since. Small-business owners have already been facing tariffs on billions of dollars of goods, most of them from China, implemented by Trump in 2018. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation's roughly 33 million small businesses employ nearly half the nation's workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. "Whether we like it or not, Asia is the bike manufacturing hub of the world," said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold.

Persons: Donald Trump, Chris Smith, Trump, hasn't, Smith, Biden, —, who've, Erica York, they're, Jonathan Gold, Gold, they've, Ryan Zagata, Zagata, he'd, Felix Tintelnot, Trump's, Brian Hughes, Nichole MacDonald, MacDonald, Kamala Harris, it's, Sara Hauman, isn't, doesn't Organizations: Albuquerque, Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University Locations: Albuquerque , New Mexico, Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India, America, Portland , Oregon, West Coast

☆ Brewer AB InBev softens third-quarter miss with share buyback, guidance raise
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +1 min

AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024. Anheuser-Busch InBev on Thursday reported third quarter profits, revenues and volumes all well behind forecasts, as the top brewer sold less beer in key markets like the United States, Mexico and China. The world's largest beer maker however also raised its full-year guidance and announced a $2 billion share buyback over the next 12 months. Its revenues and volumes, meanwhile, saw a 2.1% rise and 2.4% decline respectively, compared to analyst forecasts for a 3.4% increase and 0.4% decline. Revenues and volumes were down 16.1% and 14.2% respectively in China, with AB InBev flagging particular weakness in sales in venues such as bars and restaurants.

Persons: Michel Doukeris, Stella Artois Organizations: InBev Budweiser, Bud Light, Anheuser, Busch InBev, InBev Locations: Queens, New York, United States, Mexico, China

☆ I travel with my mom every year. We've been around the world, but one activity is the glue to our trips.
▼ + stars: | 2024-10-30 | by ( Anna Staropoli | ) www.businessinsider.com time to read: +1 min

Every year, my mom and I plan a trip anchored by a different food festival. Food festivals reduce the pressure of planning and allow us to immerse ourselves in new places. We've traveled across the country and to various continents, but there's one activity that serves as the glue to our trips — food festivals. By attending food festivals around the world, we're able to experience the local culture in a unique way. As an added bonus, festivals also make our trips easier to plan and always turn into an unforgettable experience.

Persons: —, We've Organizations: Service

☆ We spent $374 to take a ferry across Lake Michigan with our car. The journey was nice, but I'll do things differently next time.
▼ + stars: | 2024-10-30 | by ( Jessica Steinhoff | ) www.businessinsider.com time to read: +4 min

My family and I spent about $750 to take a roundtrip ferry across Lake Michigan. We took our car on the ferry, which accounted for the majority of our expenses. The trip was relaxing, but next time, I'll rent a car at our destination. The trip wasn't stress-free, but the views made up for itThe beautiful views were the best part of the trip. Next time we take the ferry, though, we'll borrow someone else's car at our destination or rent one at the terminal.

Persons: —, Jessica Steinhoff, could've Organizations: Service, Express, Lake Express, Bell's Brewery, Milwaukee Brewing Co, Chicago Locations: Lake Michigan, Chicago, Wisconsin, Michigan, Milwaukee, Muskegon , Michigan

☆ This man left the US to visit Japan for six months. 32 years later, he’s still there
▼ + stars: | 2024-10-24 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

“I didn’t know anything about Japan,” Prucha tells CNN Travel via Zoom. He left San Francisco and set off for Japan the following year, bringing very little with him. “I’ve always loved craft beer,” he says. “And when I saw Japan was starting to take baby steps towards embracing craft beer. Courtesy Dave PruchaWhile he loves his life in Japan, Prucha admits that there are some things about the US that he still craves.

Persons: Dave Prucha, he’d, ” Prucha, Prucha, “, ’ ”, ”, “ I’ve, he’d “, I’ll, Dave, you’re, Dave Prucha “, I’ve, ” “, –, ‘ It’s, “ We’re, they’re, it’s Organizations: CNN, San Francisco State University, Kyodo, “, Obina, Japan Locations: Japan, California, American, Tokyo, San Francisco, Yamanashi Prefecture, ”, Japan’s Yamanashi Prefecture, China, Yamanashi

☆ Miami-Dade jurors vote death for man guilty of fatally beating woman in Hialeah
▼ + stars: | 2024-10-24 | by ( Nbc South Florida | The Staff Of Nbc South Florida. | ) www.nbcnews.com time to read: +2 min

Last week, those same jurors found Ronald Lopez Andrade guilty of raping and later killing 30-year-old Yaimi Guevara Machado. Late Wednesday evening, despite not all jurors considering the crime to be heinous, atrocious, or cruel, in an 8-4 vote they still recommended death as a potential punishment. As for the criminal trial, Lopez Andrade will have another hearing later this year where the judge will have the ultimate say on sentencing. This is the second time this year a Miami-Dade jury has recommended death. In an 8-4 vote, jurors recommended a death sentence for Ysrael Granda, a man found guilty of ordering to kill his ex-girlfriend’s new boyfriend.

Persons: Ronald Lopez Andrade, Yaimi Guevara Machado, Machado, Lopez Andrade, Lopez Andrade’s, Ysrael Granda, Granda Organizations: Dade, Prosecutors, Hialeah Locations: Hialeah, Miami, South Florida

☆ I went to my favorite Halloween theme park events sober. They were even scarier — and more fun.
▼ + stars: | 2024-10-20 | by ( Terri Peters | ) www.businessinsider.com time to read: +7 min

I also attended many scary Halloween events in Central Florida this spooky season completely sober. Yes, the events felt scarier sober, but that was so much more funThe author says she found the Halloween events scarier while sober. My favorite Halloween event ended was the most sober-friendlyHalloween Horror Nights was the author's favorite event. Attending events without alcohol felt freeingThe author enjoyed attending Halloween events sober. Courtesy of Terri PetersWas I scared to attend Halloween events without an alcoholic drink in hand?

Persons: I've, —, It's, Terri Peters, I'd, Coke, Terri Peters Universal Orlando Organizations: Service, Universal Orlando, SeaWorld, Universal, Walt Disney World, SeaWorld Orlando, Busch Gardens Tampa, Terri Peters Universal Locations: Central Florida, Florida, Busch Gardens Tampa Bay

You can check your first bag free on Delta flights, saving up to $70 on a round-trip Delta flight per person. The exceptions are flights to South America, as well as transatlantic and transpacific flights, which allow a carry-on bag. Spirit AirlinesFees for checked and carry-on baggageSpirit charges varying fees for checked bags and carry-on bags. Opt for a carry-on bag whenever possible, as most airlines allow at least one free carry-on bag. Oversized bags: Fees for oversized bags depend on the bag's dimensions.

Persons: aren't, Doesn't, stow, Miles, it's, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Read Organizations: Business Insider, Citi, Mastercard, JetBlue, Alaska Airlines, U.S . Airlines, American Airlines, U.S, U.S ., Airlines, Delta Airlines, United, New Zealand, Delta, Express Card, U.S . Supermarkets, PayPal, United Airlines, United ®, United Club, ℠, FDIC, Southwest Airlines, Southwest ®, Rapid, Southwest, Rapid Rewards, JetBlue Plus, Card, Alaska, Spirit Airlines, Chase, American Express, Frontier Airlines, Frontier, American, Citi ® Locations: Puerto Rico, U.S, U.S . Virgin, Canada, Caribbean, Mexico, Central America, Guyana, Cuba, North America, South America, China, Japan, South Korea, Hong Kong, India, New Zealand, Europe, Israel, Qatar, Australia, Suriname, Panama, San Pedro Sula, Honduras, San Salvador, El, North, South, North Africa, South Africa, Emirates, New, Brazil, East, Africa, Asia, Central, delta.com, Delta, California , Idaho , Oregon, Washington, Dallas , Texas

☆ Tia Mowry found a good use for her wedding ring after the divorce, so the marriage doesn't feel like 'a waste'
▼ + stars: | 2024-10-14 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Tia Mowry says she decided to repurpose her wedding ring into jewelry for her children post-divorce. "It just makes me feel like my marriage wasn't a waste," Mowry, 46, said. The "Sister Sister" actor and her ex Cory Hardrict finalized their divorce in April 2023, after 14 years of marriage. AdvertisementTia Mowry, 46, has found a good use for her wedding ring after her divorce. The "Sister Sister" star added that she had been thinking about her ex-husband when making her decision since he gave her the ring.

Persons: Tia Mowry, Mowry, Cory Hardrict, —, Cree, it's, De Beers Organizations: Service, Business Locations: Cairo

☆ Jim Cramer is holding on to Starbucks as new CEO starts making changes
▼ + stars: | 2024-10-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "Don't sell the stock," Jim urged, outlining several reasons why investors should hold in his Sunday column . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, he'd, Brian Niccol, Niccol, we've, Stocks, Jim Cramer's Organizations: CNBC, Apple, Evercore ISI, Constellation Brands, Wall Street Journal, Boeing, VF Corp, Southwest Airlines Locations: Wells Fargo

The inmate’s attorneys call that a misdiagnosis – and also discredit shaken baby syndrome on its face, despite broad consensus among pediatricians it is legitimate. The shaken baby syndrome diagnosis from doctors and nurses, their emotional response to Nikki’s condition and Roberson’s odd reaction all stacked against the then-suspect, said Wharton. “There really is not a controversy in medicine about the existence of abusive head trauma. Just this month, the Texas Court of Criminal Appeals ordered a new trial for a man sentenced to 35 years in prison after being convicted of injury to a child in a case that also relied on a shaken baby syndrome argument. Without shaken baby syndrome, he said, “there’s nothing that’s chargeable here.

Persons: West, Robert Roberson, Nikki Curtis, Roberson, Nikki, ” Roberson, John Grisham, Brian Wharton, Wharton, ”, “, Robert, pediatricians, Dr, Lee Savio Beers, Sandeep Narang, ” Narang, They’ve, Greg Abbott, Nikki Curtis Roberson, ’, Nikki’s, Janet Squires, Squires, ” Squires, Narang, Roberson’s, –, Larry Bowman, Nikki –, ‘, Sciences –, Kate Judson, it’s, ” Dr, Antoinette Laskey, Laskey, he’ll, he’s, I’ll, “ Unforgiveness, he's, Ashley Killough, CNN Wharton, Gretchen Sween, ” Wharton, We’re, LaMotte, Stephanie Becker Organizations: West Livingston CNN, CNN, American Academy of Pediatrics, US Centers for Disease Control, CDC, American Association of Pediatrics, AP, US Army, National Registry, Appeals, SBS, Board, Republican Gov, Integrity, Sciences, American Academy of Pediatrics ’, Child, Texas Department, Criminal, New York Times Locations: West Livingston CNN — Texas, Texas, United States, Roberson’s, Palestine , Texas, ”, Livingston , Texas, Anderson County, Dallas

☆ 'The choice of the people': How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.
▼ + stars: | 2024-10-12 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Riojas is part of a base of Hispanic consumers that has become a focal point for Constellation Brands' beer business, which also includes products such as Corona and Pacífico. Hispanic- and Latino-identifying customers accounted for 32.5% of Constellation Brands' sales in 2023, according to data from consumer research firm Numerator and investment bank Jefferies. "Hispanic consumers are the single most important consumer group for our beer business," said Mallika Monteiro, executive vice president and managing director for Constellation's beer brands. The company officially acquired the U.S. beer business of Groupo Modelo, which included Modelo and Corona, from Anheuser-Busch in 2013. "Time and time again, you see that there's that strong bond that consumers form emotionally with brands," Aguirre-Rodriguez said.

Persons: Mario Tama, Rio Riojas, It's, Modelo, Bud, Mallika Monteiro, we've, Alexandra Aguirre, Rodriguez, Constellation's Monteiro, Monteiro, FIU's Aguirre, Aguirre, Kaumil Gajrawala, Gajrawala, William Newlands, Tom Fullerton, bode Organizations: Modelo Especial, Getty, Rio, Constellation Brands, Corona, Modelo, Constellation, Jefferies, Anheuser, Busch, Groupo Modelo, Florida International, University of Texas Locations: Los Angeles , California, Lansing , Michigan, U.S, Mexico, Corona, York, America, Modelo, El Paso, Americas

They want to see her more, and we’re engaging with that and want to continue to do that” before Election Day, a Harris campaign aide said. Even if voters miss her appearances when they air, they may still catch viral moments that are replayed in their social media feeds, the campaign aide said. When Stern asked whether therapy might be an antidote to the stress she faces on the trail, she said, laughing: “This is my form of therapy right now, Howard.”“With me? "And Congress has shown no inclination to move in your direction," her interviewer, Bill Whitaker, saidStill, Harris campaign officials say they’re delighted by how she’s performed in these less scripted settings. “It’s been great,” another senior Harris campaign aide said.

Persons: WASHINGTON, Kamala Harris, “ You’ve, ” Howard Stern, “, ” Joy Behar, ”, Donald Trump, CBS’s Stephen Colbert, gamely, Colbert, Harris, “ We’ve, Stern vouched, Stern, Warren Beatty, “ I’ve, I’ve, that’s, Trump, ” Harris, Floridians, CBS’s, Theo Von, ” Von, You’ll, Howard, ” Stern, Bill Whitaker, they’re, she’s, “ It’s, Biden, “ There’s, Joe Biden, … I’m, She’s, Howard Stern Organizations: Democratic, NBC, Weather Channel, CNN, Univision, Trump, USA, Suffolk University, Fox News, Republican, NBC News Locations: U.S, California, San Francisco, Hurricane Milton, Las Vegas, Nevada, Arizona, Maricopa County , Arizona

☆ Using options to generate income from a boring stock
▼ + stars: | 2024-10-10 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Options traders like to say that there are strategies that can profit if a stock rises, falls, or goes nowhere at all. Crown Holdings (CCK) , which reports earnings next week, may have the set-up we're looking for. Demand for sustainable and recyclable packaging drives growth in the beverage can market, a significant segment for Crown Holdings. In the street's view, Crown Holdings is a reasonable business at a reasonable valuation (19 price-earnings ratio). This involves purchasing the lower implied volatility, longer-dated options, and selling nearer-dated options to capitalize on accelerated decay ("theta").

Organizations: Crown Holdings, Ball Corporation, YTD, Holdings, CNBC, NBC UNIVERSAL

☆ Wall Street is getting tired of Corona brewer Constellation, but Jim Cramer says to hold on
▼ + stars: | 2024-10-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Jim Cramer is planning to stay in the game with Constellation Brands , despite a Wall Street firm moving to the sidelines on the Mexican beer importer. Shares of New York-based Constellation Brands fell 1.5% Monday, off their lows of the session. In the June-to-August period reported Thursday, beer sales rose 6%, compared with increases of 8%, 11% and 11.8% in its three prior quarters. In explaining why we're sticking with Constellation, Jim said Monday he liked what he heard from Constellation Brands CEO Bill Newlands during the executive's appearance Friday on "Mad Money." This uptick coincided with increased marketing spending behind its top beer brands, Newlands said.

Persons: Jim Cramer, Jim, there's, Bill Newlands, Newlands, —, Kim Crawford, Meiomi, Duckhorn, Morgan Stanley, Jim Cramer's, Justin Sullivan Organizations: Constellation Brands, Bank of America, Modelo, Corona, Constellation, CNBC Locations: York, Mexico, Corona, San Anselmo , California

☆ Invasion of the dogs: How surging canine ownership is reshaping cities and businesses
▼ + stars: | 2024-10-05 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +14 min

The Dog Bar — a sprawling dog venue in Saint Petersburg, Florida —has had at least six (human) proposals, and one wedding. AdvertisementVirtually all US pet owners now say their furry companions are part of their family — up from 86% of dog owners and 78% of cat owners in 2006. "The dog today is not the dog of 10 years ago," Bobby Boivin, the co-owner of Boo's Dog Bar in Sarasota, Florida, said. And so we do that once or twice a year at Dog Bar." After adopting two puppies, he fell in love with a dog bar in his neighborhood.

Persons: —, Saint Petersburg , Florida —, It's, Kendal Kulp, Bobby Boivin, Stephanie Marble, Marble, Kyle Cissel, aren't, Cissel, Tara Downs, she's, Fred Metzler, Metzler, Luke Silverman, Stephanie Chez, Silverman, Kevin Knutson, Knutson, Kulp, they'd, That's, that's Organizations: Service, National Association of Realtors, Wall Street, American Pet Products Association, IKEA Locations: Saint Petersburg , Florida, Asheville , North Carolina, Sarasota , Florida, Florida, Santa, Washington, DC, Colorado, St . Petersburg , Florida, Sephora, Minnesota, Wagbar

☆ Constellation Brands CEO downplays worries about higher tariffs if Trump wins
▼ + stars: | 2024-10-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Friday interview with CNBC's Jim Cramer, Constellation Brands CEO Bill Newlands brushed off concerns about the possibility of higher tariffs, which former President Donald Trump has pledged to implement if elected. Constellation Brands is known for a variety of popular beer brands imported from Mexico, including Modelo, Corona and Pacifico. Constellation Brands reported a mixed quarter Thursday, posting an earnings beat but a slight revenue miss. The company saw success with its beer brands, but the wine and spirits segment continued to weigh on business. Newlands said Constellation Brands is in the middle of improving wine and spirits and is beginning to see some results.

Persons: CNBC's Jim Cramer, Bill Newlands, Donald Trump, Trump, Newlands, Claudia Sheinbaum, Kim Crawford, We've Organizations: Constellation Brands, Modelo Locations: United States, Mexico, Corona, Pacifico, Veracruz

Search resuls for: "Beers"

25 mentions found