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☆ Designer bags are expensive. So some people are buying luxe hand soap instead.
▼ + stars: | 2024-10-30 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

Designer hand soaps from brands like Aesop and Diptyque have become gateways into luxury shopping. AdvertisementIt's been said that once you wash your hands with Aesop's Resurrection hand soap, you'll never turn back. Consumers began buying designer soap for their homes more widely in the late 2010s, and in 2018, the global market for bath soap was valued at $19.5 billion. A 2024 report by Expert Market Research said the global soap market could reach over $36 billion in revenue by 2032, and luxury soap products are partially to thank. AdvertisementSo yes, buying luxury soap might seem to some like you're washing money down the drain.

Persons: —, It's, you'll, You'll, cleanser, Maison Francis Kurkdjian's, it's, Emma, Dior doesn't, Mal Langsdon, Reuters Emma, Malin, Goetz, Ron Robinson, he's, Loewe's, Sommyyah Awan, Dave Benett, Jo Malone London's, I'm Organizations: Service, Dior, Reuters, Consumers, Market Research Locations: auburn, Baccarat, Montreal, Toronto, London

☆ Smells Like Teen Spirit: Inside Gen Z's Luxury Perfume Obsession
▼ + stars: | 2024-10-29 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +12 min

AdvertisementBehind the booming appetite for new smells is Gen Z. AdvertisementIf there's one thing Gen Z loves, it's a name for something. Under the handle @juliaperfumery, she shares perfume reviews for her primarily Gen Z audience against the backdrop of her New York City apartment's perfume closet. "If there's one thing Gen Z loves, it's a name for something," O'Toole says. There are back-to-school scents, scents to win your ex back, scents to smell like Vanessa Paradis in Paris in the '90s — the list goes on.

Persons: Julia Dovgal, douse, mother's Chanel, Dior, Jo Malone's, Wood, Dovgal, She's, Circana, Gen Zers, Gen Xers, It's, Piper Sandler, Valentino, Jean Paul Gaultier, Maison Francis Kurkdjian's, TikTok, Phlur, —, it's, Juliette, Emelia O'Toole, There's, O'Toole, We've, Vanessa Paradis, Piper, Cathrine Jansson, Boyd, " Jansson, Gen Z, Chanel, Marilyn Monroe, Catherine Deneuve, Nicole Kidman, isn't, Gris Charnel, Jansson, Bella, Susan Wai Hnin, Zers Organizations: Saks, Perfume, Anglia Ruskin University, Urban Outfitters, rockstar Locations: Salt, Bath, New York City, TikTok, New York, Paris, London

☆ I toured Rolls Royce's new NYC 'Private Office' where wealthy buyers can customize their $500,000+ cars — see inside
▼ + stars: | 2024-10-24 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Rolls-Royce has opened its first US Private Office in New York City. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRolls-Royce's first US-based "Private Office" has opened in New York City. Ironically, you'll quickly notice there are no Rolls-Royce cars in sight, save for a handful of miniature models.

Persons: —, you'll Organizations: Royce, Office, Service Locations: New York City

☆ Peru ex-President Toledo convicted of bribe-taking, sentenced to 20 years in prison
▼ + stars: | 2024-10-22 | by ( ) www.cnbc.com time to read: +2 min

Toledo, a 78-year-old economist who holds a doctorate from Stanford University, governed the Andean nation between 2001 and 2006. Peruvian former President Alejandro Toledo was convicted of taking bribes from Brazilian construction giant Odebrecht and sentenced to 20 years and six months in prison on Monday. During the year-long trial, Toledo denied the money-laundering and collusion charges. The sentence was announced in a room set up in a small Lima prison where Toledo has been detained since last year. Prosecutors relied on testimony from former Odebrecht executive Jorge Barata as well as Toledo's ex-collaborator Josef Maiman, who said Toledo received bribes.

Persons: Alejandro Toledo, Roberto Su, Toledo, Pedro Castillo, Pedro Pablo Kuczynski, Ollanta Humala, Jorge Barata, Josef Maiman Organizations: Stanford University, Odebrecht Locations: Lima , Peru, Brazil, Toledo, Peruvian, Lima, United States, Peru

☆ This small-cap tech stock is set to rally nearly 30%, TD Cowen says
▼ + stars: | 2024-06-25 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Credo Technology has emerged to take the crown as TD Cowen's top small- and mid-cap stock pick after a red-hot start to the year. Analyst Matthew Ramsay also upped his price target for the stock to $35 from $24, implying that Credo shares could rally 28% from Monday's close. Specifically, he thinks that Credo's revenue could inflect in the second half of its fiscal year as a number of its programs begin to ramp, including some GenAI buildouts. Credo's key program ramps within its active electrical cables at Microsoft and Amazon should also play a role in pushing the company's fundamentals higher. "Overall, we see the diversification of the company's revenue base as a key de-risking of the model and should benefit the durability of revenues going forward," Ramsey said.

Persons: Matthew Ramsay, Ramsay, there's, Ramsey Organizations: Technology, Microsoft, Active Electrical Cable Locations: Monday's

☆ Three Mexican journalists freed following kidnapping
▼ + stars: | 2023-11-25 | by ( ) www.reuters.com time to read: +1 min

Mexico is one of the world's deadliest countries for journalists, with five killed this year, the international free-speech group, Article 19, has said. Another journalist freed on Saturday was Marco Toledo, director of the weekly El Espectador de Taxco, authorities said. Toledo's wife and son had also been kidnapped by five armed men who entered their home last Sunday, Article 19 said. Although Toledo's wife has been freed, authorities are still searching for the journalist's son, the attorney-general's office said in its statement. With a tally of 13 murdered, last year was the deadliest for journalists in Mexico since Article 19 began keeping records in 2000.

Persons: general's, Silvia Arce, Alberto Sanchez, Marco Toledo, Taxco, Toledo's, Adriana Barrera, Valentine Hilaire, Daniel Wallis, Clarence Fernandez Organizations: MEXICO CITY, El, Thomson Locations: MEXICO, Guerrero, Mexico, Taxco

Ohio State passed Michigan and moved up to No. Political Cartoons View All 1256 ImagesWashington won 22-20 on the road against Oregon State, which slipped five spots to No. POLL POINTSMichigan and Ohio State will be a matchup of top-five teams for the 13th time, the most of any rivalry. It was the fifth-longest active streak in the country behind Alabama, Georgia, Ohio State and Michigan. 2 Ohio State at No.

Persons: Jim Harbaugh, Quarterback Jordan Travis, James Madison, JMU, Ralph D, Russo Organizations: Ohio State, Associated Press, Big, Florida State, Bulldogs, Wolverines, Maryland, Buckeyes, Washington, Oregon State, Huskies, College Football, FCS North Alabama, Louisville, Ohio, Sooners, Longhorns, Nebraska, Utes, Wildcats, Clemson, Rockets, Big West, Illinois, American Conference, Tulane, American Athletic Conference, Liberty, Conference USA, Sun, Appalachian State, SEC, ACC —, USA, AP Locations: Michigan, Washington, Florida, Florida State . Georgia, Southern California, Minnesota, Oregon, Texas, Alabama, Missouri, Oklahoma, Arizona . Utah, Georgia, Ohio State, North Carolina, Toledo, Iowa

☆ The WNBA Finals brought a surge of engagement for advertisers, new data shows
▼ + stars: | 2023-10-25 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +4 min

This year's WNBA Finals brought in more spectators than ever before and the most viewers watching from home in 20 years. Compared to last year's WNBA Finals, fans were 30% more likely to engage online with a brand they saw advertised than they were in 2022, EDO data show. Michelob Ultra ran the most effective ad series during the Finals, tracking 211% above the average Finals engagement rate over its six ads, per EDO. Both the WNBA Finals and playoffs metrics sit well above the average primetime broadcast and cable effectiveness for advertisers, EDO shows. Bosley Hair Restoration and Old Spice were 341% and 134% more effective than 2023 WNBA average, respectively, EDO data show.

Persons: EDO's, Laura Grover, Ultra, Jimmy Butler, Nneka Ogwumike, Oofos, Michelle Cardinal's, Dawn Staley, Darren Brown, Cardinal, Ally, Stephanie Marciano, thad, Bosley Organizations: Las Vegas Aces, EDO, NBA, WNBA, Growth Agency, Brands, Gatorade Locations: York

☆ Brands endorsed by Travis Kelce, like Pfizer and Campbell's Soup, are also benefitting from Taylor Swift's halo
▼ + stars: | 2023-10-03 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Brands backing Kansas City Chiefs' player Travis Kelce, like Pfizer and Campbell's Soup, are also getting big boosts in engagement from Kelce's possible relationship with pop star Taylor Swift. Pfizer launched a campaign starring Kelce on Sept. 22 encouraging people to get the updated COVID-19 booster shot. There was a 32% increase in searches about Pfizer when that ad ran after Swift's Sept. 25 appearance, compared to before. EDO also found that Pfizer ads with Kelce drove 27% more search activity than Pfizer ads that did not feature him. Also, a Kelce-led TV ad from Experian posted on YouTube on Oct. 1 has already received more than 800,000 views, while a Kelce-less Experian TV ad promoting the same product has only accumulated 189,000 views.

Persons: Travis Kelce, Taylor Swift, Swift, Kelce's, Kelce, Jason Kelce, Marci Raible, Travis, Raible, Experian, NBCUniversal Organizations: Brands, Kansas City Chiefs, Pfizer, Campbell's, NFL, Chiefs, EDO, YouTube, State Farm, DirecTV, MetLife, New York Jets

☆ Amazon.com faces an array of US consumer, state antitrust lawsuits
▼ + stars: | 2023-09-26 | by ( Mike Scarcella | ) www.reuters.com time to read: +5 min

In the California case, Judge Ethan Schulman in San Francisco Superior Court in March ruled against Amazon's bid to dismiss the lawsuit. CONSUMERS' PRICE INFLATION CLAIMSAmazon faces a pair of consumer lawsuits in Seattle federal court. The consumer plaintiffs, Chun wrote, "allege the type of conduct that antitrust law is intended to prevent." E-BOOKSIn Manhattan federal court, a prospective class action from consumers accuses Amazon of artificially inflating the price of retail trade e-books on the site. U.S. District Judge Gregory Woods has not yet ruled on objections from Amazon and the plaintiffs to Figueredo's report and recommendation.

Persons: Benoit Tessier, Rob Bonta, Ethan Schulman, Amazon's, Schulman, Richard Jones, Jones, John Chun, —, Chun, Ricardo Martinez, Valerie Figueredo, Gregory Woods, Mike Scarcella, Chris Sanders, Matthew Lewis Organizations: REUTERS, U.S . Federal Trade Commission, Amazon.com, Big Tech, FTC, GENERAL, District of Columbia, Walmart, Costco, Amazon, San Francisco Superior Court, District, U.S, Thomson Locations: Bretigny, Paris, France, CALIFORNIA, WASHINGTON, GENERAL California, District, Washington ,, California, Columbia, San Francisco, Seattle, U.S, Maryland, Manhattan, Washington

☆ Live sports and news remain 'king of the hill' for TV engagement, says EDO's Kevin Krim
▼ + stars: | 2023-09-08 | 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 EmailLive sports and news remain 'king of the hill' for TV engagement, says EDO's Kevin KrimKevin Krim, EDO president and CEO, joins 'Squawk Box' to discuss what Krim has recently found out about advertising, the most engaging NFL commercials, and more.

Persons: EDO's Kevin Krim Kevin Krim, Krim Organizations: EDO

But by January of this year, faced with rising rent, increased taxes and financing constraints, he closed it down. The government of Nicolas Maduro relaxed currency controls in 2019, allowing more transactions in dollars despite U.S. sanctions. The move led to a slight recovery in 2021 and 2022 after eight years of economic collapse and the migration of some 7.3 million Venezuelans. 'NO BUYING CAPACITY'Other businesses which have survived said they were slashing prices, salaries and profit margins to stay afloat. "Structural economic problems like scarce credit, an absence of recovery in public utilities, among others, were not resolved."

Persons: Enrique Perrella, Nicolas Maduro, Maduro, Yaner Fung, Fung, Ecoanalitica, Jesus Palacios, Migdalia Uviedo, Ivan Puerta, restaurateurs, Giulio Gallucci, Mayela Armas, Keren Torres, Tibisay Romero, Johnny Carvajal, Julia Symmes Cobb, Vivian Sequera, Rosalba O'Brien Organizations: Venezuelan Finance Observatory, Retailers, Restaurants, Thomson Locations: CARACAS, Caracas, Barquisimeto, Valencia, Ecoanalitica, Mexican

☆ An under-the-radar AI beneficiary could rally more than 20% from here
▼ + stars: | 2023-08-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Growing demand for connectivity solutions as artificial intelligence adoption accelerates should benefit this lesser-known semiconductor name, according to Goldman Sachs. Analyst Toshiya Hari lifted his price target on Credo Technology to $18 from $16 a share, equal to 21% upside from Thursday's close. The higher price target at Goldman comes after AI chipmaker Nvidia 's second consecutive show-stopping quarterly report . Along with reiterating Goldman's buy rating, Hari lifted revenue and adjusted EBITDA estimates by 5% and 4% over the next two years, respectively. Bolton lifted his price target to $20 from $17 in a Friday note, equivalent to more than 34% upside from Thursday's close.

Persons: Goldman Sachs, Toshiya Hari, Goldman, Hari, Credo's, …, bode, Needham, Quinn Bolton, Bolton, — CNBC's Michael Bloom Organizations: Technology, AEC, Nvidia, Microsoft Locations: China

Sophie Ralph/APLinda Caicedo signed for Real Madrid earlier this year and was already highly regarded before the Women's World Cup got underway. Caicedo scored twice and inspired Colombia to two victories in the group stage, including a famous win against two-time world champion Germany. It was a magical passage of play that underlined her potential to become one of the finest players in the women’s game. Born in Candelaria in the west of Colombia, Caicedo attributes her exciting, slightly unorthodox style to playing street soccer as a child. A key player for Colombia at this year's World Cup, Caicedo will be looking to be at her mesmerizing best against Jamaica to secure a spot in the quarterfinals.

Persons: Colombia's Linda Caicedo, Sophie Ralph, Linda Caicedo, Caicedo Organizations: Leichhardt Oval, Germany, Real Madrid, Colombian, América, América de Cali Locations: Sydney, Australia, Colombia, Germany, Candelaria, América de, Jamaica

☆ Teenager Guzman to join Colombia's youth push at World Cup
▼ + stars: | 2023-08-07 | by ( Ian Ransom | ) www.reuters.com time to read: +3 min

With Caicedo up forward, Guzman will give Colombia a second teenage threat, the pair set to combine in a third World Cup in 12 months after playing in the under-17 and under-20 tournaments last year. "To be with Linda is something extremely special for me," Guzman, 18, told reporters at Melbourne Rectangular Stadium on Monday. After failing to qualify for France in 2019, Colombia have already matched their World Cup best, a last 16 appearance at the 2015 tournament in Canada. Colombia made the quarter-finals of the under-20 World Cup in Costa Rica and were runners-up at the under-17 tournament in India, losing to Spain in the decider. "We've been stimulating their growth so that they can be who they are currently on this world stage of football."

Persons: Germany's Sara Doorsoun REUTERS, Asanka Brendon Ratnayake, Linda Caicedo, Ana Maria Guzman, Guzman, Manuela Vanegas, Linda, Nelson Abadia, Caicedo, Abadia, Colombia's, Ian Ransom, Christopher Cushing Organizations: Soccer Football, FIFA, Jamaica, Brazil, Coffee Growers, Spain, Germany, Colombian, Morocco, South, Thomson Locations: New Zealand, Germany, Morocco, Melbourne, Australia, Colombia, France, Canada, American, Costa Rica, India, South Korea, Jamaica

☆ Magnificent Morocco stage 1-0 Colombia coup to score unlikely knockout berth
▼ + stars: | 2023-08-03 | by ( Joel Dubber | ) www.reuters.com time to read: +2 min

I would even say that it is the prize for the talent of this team," winning coach Reynald Pedros told reporters. Colombia topped the group with six points, bettering runners-up Morocco on goal difference, while Germany and South Korea depart the tournament. Morocco, who were thumped 6-0 by Germany in their opener before beating South Korea 1-0, move on to meet France in Adelaide and Colombia play Jamaica in Melbourne on Tuesday. A frenzied finish saw end-to-end action, but the Arab nation held on to continue their fairytale start to their first World Cup campaign. Reporting by Joel Dubber in Perth; Editing by Nick Mulvenney and Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Colombia's Marcela Restrepo, Luisa Gonzalez PERTH, Anissa Lahmari's, Reynald Pedros, Colombia's Daniela Arias clumsily, Catalina Perez, Lahmari, Daniela Montoya, Lorena Bedoya Durango, Khadija Er, Rmichi, Linda Caicedo's, We've, Nelson Abadia, Joel Dubber, Nick Mulvenney, Pritha Organizations: Soccer Football, FIFA, Debutants, Anissa, South Korea, Germany, Moroccan, France, Thomson Locations: New Zealand, Morocco, Colombia, Perth, Australia, Debutants Morocco, Brisbane, Lang, Germany, South Korea, Adelaide, Jamaica, Melbourne

☆ Matthews wins stage three of Giro d'Italia, Evenepoel extends lead
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +2 min

[1/5] Cycling - Giro d'Italia - Stage 3 - Vasto to Melfi - Italy - May 8, 2023 Team Jayco AlUla's Michael Matthews celebrates as he crosses the finish line to win stage 3 REUTERS/Jennifer LorenziniMay 8 (Reuters) - Australian Michael Matthews timed his final effort to perfection to win a rain-affected stage three at the Giro d'Italia on Monday, following a 216-km ride from Vasto to Melfi. They were fully committed for me to win the stage," Matthews said. Now already on stage three with a stage win? Primoz Roglic, who was eclipsed by rival Evenepoel in the intermediate sprint, climbed to third. One second more on Primoz and three on the others, it's good, especially after such an easy day of racing."

☆ Ex-Peru president Toledo surrenders to US authorities, extradition imminent
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +1 min

[1/3] A media member streams their news desk on their phone screen while reporting outside Robert F. Peckham Federal Building and U.S. Courthouse on the day Peru's former President Alejandro Toledo, wanted in his home country on charges of taking millions of dollars in bribes, is expected to turn himself in for extradition, in San Jose, California, U.S. April 21, 2023. REUTERS/Loren ElliottApril 21 (Reuters) - Former Peruvian President Alejandro Toledo surrendered to U.S. authorities on Friday, a U.S. Marshals Service official told Reuters, a day after his bid to block his extradition to Peru over corruption charges was denied. The former president was arrested in the United States in July 2019 after a formal request by Peru for his extradition.

WASHINGTON, April 20 (Reuters) - A U.S. federal judge in Washington on Thursday denied former Peruvian President Alejandro Toledo's bid to block his extradition to Peru, where he faces corruption charges. His lawyers had filed for an emergency stay earlier in the day to block his extradition, which was planned for Friday. "His emergency motion to stay is denied," U.S. District Judge Beryl Howell said in an order on Thursday. In her ruling, Howell said Toledo "has long been afforded substantial process" in the U.S. courts to contest his extradition. Howell, citing various legal factors, also said Toledo had failed to "demonstrate entitlement" to a stay of his extradition.

☆ Peru set to jail third ex-president as Toledo awaits extradition from U.S.
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

Peru's Justice Minister Jose Tello said on Wednesday night that a California court judge had ordered Toledo to turn himself in on Friday to the U.S. Marshals Service and await extradition after his request for bail was revoked. "Sooner rather than later, Toledo will answer to Peruvian justice," Tello told television station Canal N, adding that his extradition should take place in a "matter of days". The Peruvian minister said 77-year-old Toledo is expected to be held while he awaits trial in a jail complex in the outskirts of Lima that was built to hold former president Alberto Fujimori. Toledo was arrested in the U.S. in July 2019 following a formal request by Peru for his extradition.

☆ U.S. agrees to extradite former Peruvian President Toledo, says Peru
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +2 min

LIMA, Feb 21 (Reuters) - Peru's attorney general's office said on Tuesday on Twitter that the U.S. State Department had agreed to extradite former Peruvian President Alejandro Toledo on corruption charges. Toledo, 76, was arrested in the United States in 2019 after Peru formally requested his extradition. Last August, the U.S. Department of Justice said it would return to Peru about $686,000 seized from Toledo. Federal prosecutors in the New York City borough of Brooklyn said Odebrecht had paid Toledo $25 million in bribes for highway construction contracts. Peru has faced a wave of corruption scandals related to the Odebrecht case in recent years.

☆ Cable maker Credo slumps on forecast hit as top customer cuts orders
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +2 min

Feb 15 (Reuters) - Credo Technology Group Holding (CRDO.O) forecast fourth-quarter revenue well below estimates on Tuesday following a cut in orders from the cable maker's largest customer, sending its shares down as much as 43% on Wednesday. The stock, which fell to $11.07, is set for its worst day since going public in January last year at an issue price of $10. According to a company filing, one of Credo's customers accounted for 44% of its revenue in the second quarter of fiscal 2023. Credo, which makes cables used in data centers, said it was expecting fourth-quarter revenue of $30 million to $32 million, below estimates of $58.3 million, according to Refinitiv data. Credo, which also designs chips, currently outsources all its semiconductor manufacturing to Taiwan Semiconductor Manufacturing Company (2330.TW).

☆ Chinese scientists say they're working on an anti-ship missile that can fly as high as an airliner and dive as deep as a submarine
▼ + stars: | 2022-10-20 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Chinese scientists say they're working on a ultra-fast weapon that is both missile and torpedo. It will fly at supersonic speeds and use supercavitation to reach high underwater speeds, they say. But the Chinese weapon appears to be a missile that turns into a rocket-propelled torpedo once it hits the water. In the 1950s, the US Air Force and Navy examined boron-based jet fuel — "zip fuel" — for aircraft such as the proposed B-70 supersonic bomber. A visitor tours a torpedo room in a submarine that served the Chinese Navy in 1960s at a Navy museum in Qingdao in September 2012.

☆ This 31-year-old woman with Down syndrome launched a cookie company 5 years ago — and has already made over $1.2 million
▼ + stars: | 2022-01-06 | by ( Cory Stieg | ) www.cnbc.com time to read: +5 min

The process felt daunting, so her mother, Rosemary Alfredo, decided to teach her the basics of getting a small business up and running. Collettey's Cookies is also profitable, the company says — no small feat in a daunting food industry. As of Monday, Collettey's Cookies has more than 40,000 followers on Facebook, and another 28,000-plus on Instagram. According to the company: DiVitto's chocolate chip cinnamon cookie — called "The Amazing Cookie" — remains the most popular of the company's five flavor options. Paying it forward to aspiring entrepreneursWhen it comes to developing recipes and baking the cookies, DiVitto is the expert and authority.

Persons: Collete DiVitto, DiVitto —, Rosemary Alfredo, DiVitto, Alfredo, Alfredo's, —, She's, Collettey's, Nadya Rousseau, Rousseau Organizations: Clemson University, CNBC, U.S . Bureau of Labor Statistics, Entrepreneurship, Facebook, Alter New Media, Collettey's Locations: Boston, Charlestown , Massachusetts, United States, DiVitto's

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