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Some of it had to do with the old joke being that Best Buy was nothing but an Amazon showroom. CEO Corie Barry is a no-nonsense heavyweight who mastered the supply chain for Best Buy during the pandemic. As the JPMorgan recent upgrade on Best Buy said, most investors don't realize how awful this period has been for Best Buy. It doesn't hurt, of course that Best Buy has a substantial dividend — 3.68%, down from 4% and 5% when we were buying it. We have watched Eaton and Dover go higher and that was without the rate cycle, just with the data center.
Persons: Stanley Black, Decker, , couldn't, Corie Barry, Barry, don't, It's, Stanley, Trump, Helene, Hock Tan, Marc Benioff, Mike Sievert, Blackwell, Jim Cramer's, Jim Cramer, Jim, Melissa Repko Organizations: Empire, Circuit, Intel, HP Inc, HP, JPMorgan, Williams, Dick's Sporting Goods, Abercrombie, Fitch, Depot, Procter, Gamble, Linde, Honeywell, Quantum Computing, Tech, Broadcom, VMWare, Elon, Mobile, Nvidia, Jim Cramer's Charitable, CNBC, Microsoft Locations: Sonoma, Covid, China, Lowe's, Eaton, Dover, San Francisco, Secaucus, N.J
On Tuesday afternoon in Sag Harbor, Janice Yu of WABC-TV was sitting in the passenger seat of a Nissan news van, eating from a bag of Smart Food popcorn. It was as close as she would come to getting to a kernel of news. “We don’t even know who he was with,” she said, referring to the singer and actor Justin Timberlake, who had been arrested by a Sag Harbor police officer shortly after midnight on Tuesday and charged with driving while intoxicated. It was also where Mr. Timberlake had been partying with friends the night before. Now it was a muggy and sunny day on the leafy street of this quaint-by-Hamptons-standards onetime whaling village, lined by shops that sell everything from $30 Havaianas flip-flops to $4,600 swivel chairs by Charlotte Perriand.
Persons: Janice Yu, , Justin Timberlake, Yu, confit, Timberlake, Charlotte Perriand Organizations: WABC, Nissan, Smart, Hamptons Locations: Sag Harbor, New York, Lululemon
Tokyo DisneySea's Fantasy Springs port has three themed areas and a new hotel, pictured. Tokyo Disney ResortA few Disney firstsVisitors to the new port first head through a tunnel passage made of rocks shaped like Disney characters from the three film franchises that inspired Fantasy Springs. One of the most anticipated additions inside Fantasy Springs is undoubtedly Rapunzel’s Forest, Disney’s first Tangled-inspired themed area. How to access and stay in the parkThe Tokyo DisneySea Fantasy Springs Hotel offers two options: The Fantasy Chateau and the more luxurious Grand Chateau (pictured here). Tokyo Disney ResortA one-day Fantasy Springs Magic passport is currently included for guests buying one of Tokyo Disney’s hotel vacation packages or available for purchase by those staying at the new Tokyo DisneySea Fantasy Springs Hotel inside the expansion.
Persons: Peter Pan, Flynn Rider, Peter Pan’s, Tinker Bell, John Darling –, Captain Hook, won’t, , , Anna, Elsa, bakehouse Organizations: CNN, Tokyo, Disney, Oriental Land Co ., , Tokyo Disney, Visitors, Resort, Spotify, Springs Hotel, Springs, Tokyo Disney Resort Locations: DisneySea, Tokyo, United States, Corona, Fantasy Springs, Fantasy
To Cramer, McDonald's earnings' disappointed last week because its products have become too expensive. He said consumers no longer consider the burger chain to have bargain prices, something the the company could be reluctant to admit. Cramer also said Starbucks ' coffee may be too expensive, adding he's disappointed management doesn't seem to be talking about rolling back prices. Cramer also discussed how Dollar General and Dollar Tree might shape up against outfits like Walmart and Costco . McDonald's, Starbucks, Target, Dollar General, Dollar Tree and Costco did not immediately respond to requests for comment.
Persons: CNBC's Jim Cramer, Cramer, doesn't Organizations: Nordstrom, Walmart, Costco, Starbucks, Target
Carvana over the last 18 months aggressively restructured its operations and debt amid bankruptcy concerns to pivot from growth to cost-cutting. Carvana puts each vehicle it intends to sell through a lengthy inspection, repair and sale preparation process. A Ford F-150 is prepped for a painting booth at Carvana's vehicle reconditing center outside Phoenix. The Wall Street Journal in December 2021 detailed a network of Garcia companies that do business with DriveTime, Carvana or both. Carvana sells such warranties or other service-related protections to customers, and DriveTime takes them over, giving Carvana a commission.
Persons: Michael Wayland, Ernie Garcia III, Ernie Garcia II, Garcia, Carli, Carvana, There's, Richard, Dick, Nixon, there's, Ernie Garcia, pathing, Rajat Gupta, Doug Guan, we've, CNBC Guan, Coldplay, Neil Diamond, Teresa Aragon, DriveTime, Duckling, Garcia II, Charles Keating's Lincoln, hasn't, Organizations: CNBC PHOENIX, CNBC, Ford, Ford Motor, Nissan, State, Charles Keating's Lincoln Savings & Loan, Street Journal, DriveTime Locations: Tempe, Ariz, Tempe , Arizona, Phoenix, Carvana, Florida, reconditioning, Silicon Valley, Aragon, DriveTime, Drivetime
Fisker may grow out of its ugly duckling phase in the ever-growing electric vehicle market, Bank of America said. Analyst John Babcock initiated coverage of the underperforming electric vehicle stock at a buy. "FSR offers investors pure-play exposure to the rapidly growing EV market, has key milestones coming in 2024 and a lower risk business model than peers," he said in a note to clients Tuesday, also describing the stock as a "pure-play EV force." Tesla's price cuts could be a harbinger for volume and profitability troubles for Fisker, Babcock warned. But Babcock used Bank of America's framework for analyzing automotive technology stocks, which looks at positioning and disruptive threats.
Persons: John Babcock, Babcock, Fisker's, Tesla, It's, Lucid, Fisker, Michael Bloom Organizations: Bank of America, Global, Autonomous & Electric Vehicles ETF, EV, Bank
New York CNN —Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again. Auto sales hadn’t entirely recovered from the pandemic, but car shopping in the United States could change once more. The auto manufacturing crises of recent years have left auto dealers better prepared to deal with disruptions, said Scott Kunes, chief operating officer of Kunes Auto and RV Group, which owns more than 40 dealerships in the Midwest. It pays to be flexibleBefore the strikes started, auto dealerships had reasonably healthy inventories of new vehicles, according to Michelle Krebs, an analyst with AutoTrader. That means they’ll still have vehicles to sell for a few weeks, but, as the strike wears on, the choices available will start to dwindle.
Persons: They’re, Jonathan Smoke, Scott Kunes, ” Kunes, , Kunes, Tyson Jominy, JD Power, Thomas Goldsby, Jominy, Michelle Krebs Organizations: New, New York CNN, United Auto Workers, Auto, Ford, GM, Cox Automotive, Kunes, RV Group, Toyota, BMW, Hyundai, Nissan, Volvo, Subaru, South Korean, JD, University of Tennessee, Trailblazer, Dodge, AutoTrader Locations: New York, United States, Michigan, Canada, Mexico, South Korea
Ms. Burk still works in Manhattan as a freelance photo stylist for clients like Tory Burch and Coach, but plans to focus entirely on Lotus when she turns 50 in August. “We fell in love with the area,” said Mr. Burk, who began rock-climbing near the local lakes 15 years ago. Email: thehunt@nytimes.com]His retirement thrust the couple into a Hudson Valley house search just as a stream of New Yorkers fleeing the city created fierce competition. Mr. Burk picked up construction skills while working for a plumber when he was in high school and later developed those skills by flipping houses, and Ms. Burk has a background in design. “We were always drawn to ugly-duckling houses,” Ms. Burk said.
More than two-thirds of Americans aren’t feeling engaged with their work, according to a recent Gallup poll, and job unhappiness is at a record high. But how do you figure out what’s next? In the popular imagination, reinvention requires some kind of abrupt transformation or sudden epiphany, a metamorphosis from ugly duckling to swan. Vera Wang from figure skater to bridal designer. It seems unattainable to the rest of us—a big disincentive to even try.
Photos and videos have emerged of George Santos apparently dressed in drag as "Kitara Ravache." Jan Sport, a star of "RuPaul's Drag Race," rated Kitara Rivache's drag look for Insider. One Brazilian drag queen, Eula Rochard, claimed she knew Santos by drag name Kitara Ravache, and alleged that he competed in drag queen beauty pageants in 2008. "I've seen a lot worse first-time drag than Miss Kitara," Jan said. Santos, who initially denied claims he ever performed as a drag queen, later appeared to admit that he had dressed in drag, telling reporters: "I was not a drag queen.
Morning Bid: Ugly duckling
  + stars: | 2023-01-17 | by ( ) www.reuters.com   time to read: +3 min
A look at the day ahead in European and global markets from Anshuman DagaWhile Chinese economic data didn't come in worse than markets had feared, investors still couldn't come to terms with the scale of the economic pain being felt in the world's second-largest economy. Asian stock markets dipped and the broad-based MSCI's Asia Pacific share index outside Japan (.MIAPJ0000PUS) retreated away from seven-month highs, and Chinese equities stocks also retreated. European and UK stock futures, however, pointed to a steady start. The FTSE 100 (.FTSE) is just a whisker away from its record high of 7,903.5 points. Tuesday's batch of economic data coming up include UK jobs numbers, German inflation and Germany's ZEW economic sentiment survey.
Mexican telecommunications giant America Movil (AMXL.MX) kicked off the trend late last year when its shareholders approved the spinoff of its cell tower business. Some analysts said both Alfa and Televisa may consider further spinoffs as they look to boost their depressed valuations. Other companies, like Coke bottler and retailer Femsa (FEMSAUBD.MX), whose shares are down 3.3% year-to-date, after gaining 6% in 2021, may follow suit. Alfa lost 2.69% the day after its shareholders approved the Axtel spinoff, while Televisa's shares advanced 0.86% the day after it revealed plans for a similar move. Televisa, meanwhile, could follow its sports spinoff with either its editorial or magazine businesses, two analysts said.
Debbie and Chris Emick. These days, between a mix of investments, savings and real estate holdings, Debbie and Chris, now 43, boast a net worth of about $1.5 million. Debbie and Chris Emick. The Emick family. Chris Emick
But when a 2021 Hyundai Venue Denim recently showed up at my door for a two-week test drive, I realized maybe the Denim wasn't the ugly one. The Hyundai Venue Denim. Hyundai Venue Denim ($22,050): adds LED headlights as well as "Denim" appearance package with blue body, white roof, and blue interior. Blue, blue, blue. The Hyundai Venue Denim.
In a wedding cake "compromise," Paltrow and Falchuk decided to serve 90 individual cakes at their wedding — 45 carrot cakes and 45 chocolate and vanilla cakes. For dinner, wedding guests were served prime rib and tortellini prepared by New York-based chef, Mario Carbone. In true Paltrow fashion, from her Valentino wedding dress to the elaborate decor, the wedding was a sight to see. We had the honor of making wedding cakes for @gwynethpaltrow + @bradfalchuk at their end of summer wedding in Amagansett. Per Goop, Paltrow and Falchuk served 45 individual carrot cakes — Paltrow's choice — and 45 chocolate and vanilla cakes — Falchuk's choice.
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