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Costco has recalled 79,200 pounds of butter for failing to note it contained milk. The butter was produced by Continental Dairy Facilities Southwest and distributed in Texas. AdvertisementCostco recalled 79,200 pounds of butter last month because it failed to include a disclaimer that the product contained milk. AdvertisementThe 46,800 pounds of unsalted butter and 32,400 pounds of salted butter were distributed across Texas. Costco and Continental Dairy Facilities Southwest did not respond immediately to requests for comment from Business Insider, sent outside regular US working hours.
Persons: , butters, Kirkland Organizations: Costco, FDA, Continental Dairy, Service, Kirkland, Drug Administration, Business Locations: Texas
I tried and ranked five plain bagels from different grocery stores to find the best one. Trader Joe's plain bagels left much to be desired, and the L'Oven Fresh version was just OK. 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 . To eliminate as many variables as possible, I opted for plain bagels and topped them all with a layer of the same variety of whipped cream cheese.
Persons: , Joe's Organizations: Kirkland, Service, Yorker, Costco, Foods Locations: Aldi
I've worked at Costco for 19 years, so I have a few key tips for shopping at the warehouse. If you shop at Costco a lot, get the executive membership and pay attention to the prices of items. AdvertisementI've worked at Costco's membership counter for over 19 years. If you shop at Costco a lot, consider getting an executive membershipCostco's executive membership can save you money in the long run. Employees at Costco's membership counter can also check if any surrounding warehouses will continue to restock that item.
Persons: I've, , they're, Veronica Thatcher, it's, Veronica Thatcher Kirkland, Kirkland, Thatcher Costco Organizations: Costco, Service, Kirkland
CNN —Costco is recalling smoked salmon products over possible listeria contamination. There have been at least 10 reported deaths and 59 hospitalizations across 19 states due to the listeria outbreak, according to the CDC. In October, there have multiple instances of recalls like Costco’s salmon products due to potential listeria contamination, according to the FDA, which tracks public announcements. While the recalls come on the heels of the Boar’s Head listeria outbreak and McDonald’s E. coli outbreak, experts told CNN that an increase in recalls over potential contamination isn’t necessarily cause for concern. On October 24, the FDA announced a recall of chicken taco kits produced by Sprouts Farmers Markets over potential listeria contamination.
Persons: Salmon, Costco’s, Francisco Diez, Gonzalez, BrucePac, Diez, , ” Diez, “ It’s, bode Organizations: CNN, Costco, US Center, Disease Controls, Kirkland, Acme, Fish Corp, CDC, listeria, US Food and Drug Administration, FDA, Center for Food Safety, University of Georgia, Farmers, Treehouse Foods, Target, Walmart, US Department of Agriculture, Consumers Locations: Virginia
New York CNN —Sam’s Club has now entered the Thanksgiving meal deal wars. Sam’s Club on Thursday announced a Member’s Mark Thanksgiving meal, which feeds up to 10 people for under $100, made up of the warehouse club’s private label products. That follows Aldi, which released its lowest-priced Thanksgiving meal deal in five years, feeding 10 people for $47, or $4.70 per person. That is about $2 cheaper than a similar offer at Walmart, which owns Sam’s Club, which markets a meal to serve eight people for less than $7 per person. Unlike Aldi and Walmart’s turkey dinner, Sam’s Club is also offering to deliver the meal fully pre-cooked, ready to be heated up and served in under two hours.
Persons: Costco’s Kirkland, Butterball, Sam’s Club Myron Frazier, it’s, CNN’s Jordan Valinsky Organizations: New, New York CNN — Sam’s, Sam’s, Aldi, Walmart, Sam’s Club Locations: New York, Ukraine, brussels
Bed Bath & Beyond's owner said in a regulatory filing that it will cut one-fifth of its workforce. AdvertisementThe parent company of Bed Bath & Beyond plans to lay off one-fifth of its workforce in a move to save $20 million per year. AdvertisementEarlier in the week, Beyond and Kirkland's Home announced a $25 million deal to open small-format, 15,000 square-foot "neighborhood" Bed Bath & Beyond locations across the US. Related storiesThe $21.5 million deal covered trademarks, internal business data, and e-commerce platforms, including websites and mobile apps, but no physical stores or inventory. The company said at the time that the additional Bed Bath & Beyond loyalty program shoppers tripled Overstock's existing customer base.
Persons: , Adrianne Lee, Dave Nielsen, Overstock, Dominick Organizations: Inc, Service, Bed, Kirkland's, Business Locations: Utah
I'm a trained chef and sommelier who loves shopping at Costco. Go to newsletter preferences Thanks for signing up! AdvertisementAs a graduate of The Culinary Institute of America and a certified sommelier, I live and breathe food. I've eaten at Michelin-star restaurants all over the world, and I'm always looking for high-quality ingredients to use in my own cooking. The store, known for maintaining a loyal customer following, offers lots of high-quality ingredients at affordable prices.
Persons: I'm, sommelier, Organizations: Costco, Service, The Culinary Institute of America, Michelin
I live two hours from Costco, so when I go there, I stock up on necessities and a few fun items. Go to newsletter preferences Thanks for signing up! AdvertisementA few years ago, I moved from my native California to the Florida Keys to scuba dive and live a relaxed life. As a Florida Keys resident, I don't have access to many big-box stores where I can buy my groceries in bulk. So, I drive two hours to a Miami-based Costco to stock up on necessities and a few splurges.
Persons: Organizations: Costco, Service, Florida Keys Locations: California, Florida, Miami
A Hamilton College student has been charged with posting antisemitic remarks on campus, authorities said Monday. New York State Police’s Bureau of Criminal Investigation responded to the private college located in upstate New York on Friday after receiving “a report of antisemitic remarks being posted on art canvases on campus,” police said in a news release. Brenden was located in his dorm room on Saturday and agreed to speak with state police during which he “ultimately admitted to posting the remarks,” officials said. Authorities said Hamilton College has suspended Brenden from campus pending a hearing for his dismissal from the school. Officials said “there remains no threat against students or faculty at Hamilton College.”NBC News has reached out to state police and Hamilton College for further comment.
Persons: , Organizations: Hamilton College, New, Police’s Bureau, Criminal, Court, Authorities, NBC, Hamilton College’s Center, Jewish Locations: New York, South Dakota, Brenden, Kirkland, Israel, Gaza, Lebanon, U.S
Kirkland Capital: Critical to prove AI productivity
  + stars: | 2024-10-09 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKirkland Capital: Critical to prove AI productivityKirk Yang, Chairman and CEO at Kirkland Capital talks about the AI race in semiconductors.
Persons: Kirk Yang Organizations: Kirkland, Kirkland Capital
"Saturday Night Live" kicked off a historic 50th season by having beloved show veterans join its contemporary talents to present a satirical view of the reenergized election season. For the cold open, Maya Rudolph reprised her role as Vice President Kamala Harris, the Democratic nominee for president. Before introducing Harris, Muir said he'd give equal time to live coverage of rallies held by each candidate. Show veterans Andy Samberg (as Harris' husband, Doug Emhoff) and Dana Carvey (as President Joe Biden) shared the stage with Rudolph. "I miss Joe Biden.
Persons: Maya Rudolph, Kamala Harris, James Austin Johnson, Donald Trump, David Muir, Muir, Andrew Dismukes, Harris, he'd, Rudolph's Harris, " Harris, Doug, Jim Gaffigan, Tim Walz, Walz, It’s Kirkland, Andy Samberg, Doug Emhoff, Dana Carvey, Joe Biden, Rudolph, Samberg's, Bowen Yang, Sen, J.D, Vance of Ohio, Trump, I’m, Yang's Vance, Carvey's Biden, Johnson's Trump, Biden, Joe, , Devon Walker, Eric Adams, Adams, Alex Spiro, Walker’s Adams, Michael Che, , Jean Smart, Max, Jelly Organizations: Democratic, ABC, Minnesota Gov, Costco, New, New York City, SNL, NBC, NBCUniversal Locations: Springfield , Ohio, New York
CNN —“Saturday Night Live” kicked off Season 50 with a predictably star-studded cold open that put a focus on the upcoming presidential election, lampooning the rallies held by candidates Vice President Kamala Harris and former President Donald Trump. As Walz, Gaffigan played up the governor’s Minnesota-nice reputation, joking at one point in his ebullient Midwestern accent, “This suit is from Costco. James Austin Johnson as Republican presidential nominee former President Donald Trump, right, and Bowen Yang as vice presidential nominee Sen. JD Vance during the cold open of 'Saturday Night Live' on September 28. NBCBefore introducing his running mate, Johnson as Trump quipped, “people are saying he’s a bad pick and in may ways he was.”Cast member Bowen Yang then appeared, playing Sen. JD Vance. “How much do we love Donald Trump?
Persons: CNN —, , Kamala Harris, Donald Trump, Maya Rudolph, Harris, Sabrina Carpenter’s, ” Rudolph, Jim Gaffigan, Tim Walz, Andy Samberg, Doug Emhoff, Dana Carvey, Joe Biden, Walz, Gaffigan, ” Samberg, James Austin Johnson, Trump, Bowen Yang, Sen, JD Vance, Johnson, , ‘ JD, I’m, ’ ” Bowen, Vance, Jean Smart Organizations: CNN, Costco, It’s, , NBC Locations: Minnesota
Costco is the latest warehouse club to tout its growing popularity with millennial and Gen Z shoppers. Sam's Club has reported similar trends as younger shoppers look to stretch their budgets. AdvertisementOne of the hottest clubs for millennials and Gen Z continues to be the wholesale club. AdvertisementThe news echoes results from Sam's Club, the Walmart-owned club store, where Gen Z membership has grown by 68% in the past two years. Related stories"That generation believes it's cool to save money, and we agree with them," Sam's Club CEO Chris Nicholas told CNBC in June.
Persons: , Gen Z, Gary Millerchip, Millerchip, GoBankingRates, Dominic Wright, Placer.ai, That's, Hottovy, Chris Nicholas, Nicholas, Corey Tarlowe, Jordan, Ford Pinto, TJ, Tarlowe, you'll, Mercedes, Costco's Kirkland, Club's, Mark Organizations: Costco, Sam's, Service, millennials, Analytical Research, Business, Sam's Club, Walmart, CNBC, Jefferies, Price Club, TJ Maxx
The report didn't blow us away, but it still offered plenty of reminders on why Costco investors should stick around. Total revenue in its fiscal 2024 fourth quarter totaled $79.7 billion, missing analysts' expectations of $79.97 billion, according to estimates compiled by LSEG. Costco has succeeded for decades, but the high inflation of recent years has made the company's value-focused ethos really shine. Put it all together, we're increasing our price target on the stock to $950 a share from $875. In the quarter, Costco's membership renewal rate in the U.S. and Canada came in at 92.9%, a tick lower than the 93% rate observed in the third fiscal quarter, while worldwide held constant at 90.5%.
Persons: Gary Millerchip, Ron Vachris, Millerchip, it's, Kirkland, Costco's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Costco, LSEG, Wholesale, Walmart, Club, Amazon, Costco's, Kirkland, Kirkland Signature, Management, U.S, CNBC Locations: Costco's, Yemen, U.S, Canada, Maine, Richmond , California
While the wholesale retailer's iconic hot dog and soda combo has sold for $1.50 since 1985, the total return on the company's stock has grown by an astronomical 59,152%, according to CNBC calculations. In contrast, the total return on the S&P 500 has increased in value by about 6,000% in that time. Costco's hot dog price hasn't budged in decades , but the same can't be said for its soaring stock. The company has confirmed a growing number of young people, including Gen Z, have been signing up for Costco memberships in recent years. Ahead of the company's release of its fourth quarter earnings after Thursday's market close, here's a look at the stock performance over the years, based on an initial investment of $1,000.
Persons: Gen Organizations: CNBC, Costco, Kirkland
NFL Week 3 takeaways: Bills and Chiefs on collision course?
  + stars: | 2024-09-25 | by ( Ben Morse | ) edition.cnn.com   time to read: +17 min
Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. Charlie Riedel/AP The best photos from the 2024 NFL season Prev NextAre the Bills and Chiefs on an AFC Championship collision course? Through three weeks, the Buffalo Bills and the Kansas City Chiefs look like the teams to beat in the NFL.
Persons: Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Brad Penner, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Quarterback Patrick Mahomes, haven’t, ” Mahomes, “ We’ve, we’ve, that’s, Todd Kirkland, Josh Allen, New York Jets – Allen, Allen, Mahomes, Adrian Kraus, Burrow, Jeff Dean, , Mike McCarthy’s, CeeDee Lamb, McCarthy, Jeffrey McWhorter, , Jerry Jones, Caleb Williams, Williams, Jaylon Jones, Zach Bolinger, , It’s, I’ve Organizations: CNN, NFL, National Football League, Buffalo Bills, Jacksonville Jaguars, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Green Bay Packers, Packers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, New York Jets, New England Patriots, The Jets, USA, Sports, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Cincinnati Bengals, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Dallas Cowboys, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Reuters, Patriots, Bengals, New York Giants, AP Buffalo Bills, Arizona Cardinals, Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, AFC, Miami Dolphins, Buffalo, Ravens, Co, Kansas City, Cincinnati, Washington, Associated Press, Pittsburgh Steelers, , New, New Orleans Saints, Dallas, Indianapolis Colts, Colts, USC, Indianapolis, New York Jets New York Giants, Cleveland Browns Chicago Bears, Indianapolis Colts Houston Texans, Minnesota Vikings Philadelphia Eagles, New Orleans Saints Los Angeles Chargers, Pittsburgh Steelers Denver Broncos, Tampa Bay Buccaneers Green Bay Packers, Tennessee Titans Carolina Panthers, Las Vegas Raiders Miami Dolphins, Seattle Seahawks Detroit Lions, Arizona Cardinals Baltimore Ravens, Dallas Cowboys San Francisco 49ers, Los Angeles Rams Kansas City Chiefs, Atlanta Falcons Jacksonville Jaguars Locations: Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, East Rutherford , New Jersey, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Santa Clara , California, Inglewood , California, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Kansas, Buffalo, New Orleans, Baltimore, Pennsylvania
Georgia is favored over Alabama for the fourth straight time Saturday, but another loss would be three losses in those four games. A loss would turn the conversation from “Kirby Smart had a Nick Saban problem” to “Georgia has an Alabama problem.”Alabama beat Georgia in the SEC Championship Game and earned a spot in the College Football Playoff. It certainly was in last year’s SEC Championship Game and likely will be again this weekend. But an Alabama win would elevate his status early in his tenure, so in that regard, there’s a lot to gain. Win or lose, both Georgia and Alabama will come away with things they need to work on.
Persons: Kirby Smart, Billie Jean King, ” Smart, Kalen, Nick Saban, Seth Emerson, Kennington Smith, Smith, That’s, Kirby, Saban, “ Kirby Smart, , Kevin C, Cox, Emerson, Smart, Minus Saban, Ole Miss, Carson, Beck, Jalen Milroe, Glenn Schumann, Milroe, he’s, , Ryan Williams, Brock Bowers, Ladd McConkey, Mitchell, We’ve, I’m, it’s, Meech Robinson, DeBoer, Todd Kirkland, Erick W Organizations: Alabama, Smart, Georgia, Tide, SEC, College Football, Tennessee, LSU, Oklahoma, Saban, Texas, Emerson, Kentucky, Heisman Trophy, NFL, South, Wisconsin, Clemson, Getty Locations: Georgia, Tuscaloosa, Alabama, Smart, DeBoer, “ Georgia, Texas, Missouri, Kentucky, Tennessee, South Florida
When it comes to frozen foods, I'm a big fan of the Kirkland Signature cod loins and salmon filets. I love pairing the store-brand blend of frozen berries with Kirkland Signature vanilla ice cream. 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 . Though I don't have a large family to feed, I pay for the store's executive membership, which has a 2% reward of up to $1,250 on qualified purchases.
Persons: Organizations: Costco, Kirkland, Service, Business Locations: Kirkland
CNN —Shohei Ohtani made yet more baseball history on Sunday, becoming the first player in 130 years to record 85 extra-base hits (XBH) and 45 steals in a single season. In doing so, the two-time AL MVP joined Hugh Duffy as the only other player ever to accomplish the feat. Duffy recorded 85 XBH and 48 steals in 1894 while playing for the Boston Beaneaters. 85+ XBH and 45+ SB in a season:Shohei Ohtani (2024)Hugh Duffy (1894)130 years apart. Despite the illustrious company in the record books, Ohtani has not reached the postseason in any of his six previous seasons in the MLB.
Persons: Shohei Ohtani, Ohtani’s, Hugh Duffy, Duffy, Ohtani, MLB’s, Shohei, Barry Bonds, Joe DiMaggio, Roy Campanella, Todd Kirkland, Dave Roberts, , ” Roberts Organizations: CNN, Atlanta Braves, Los Angeles Dodgers, Boston Beaneaters, Ohtani, Dodgers, MLB, National League West, San Diego Padres, Getty, MLB Network Radio
Men dressed boldly for the Emmys red carpet
  + stars: | 2024-09-16 | by ( Oscar Holland | ) edition.cnn.com   time to read: +3 min
But on an Emmys red carpet heavy with demure, sophisticated gowns, it was the male attendees who shone at LA’s Peacock Theater on Sunday in a range of bold, adventurous and considered outfits. However, some of the most successful ensembles of the night subtly (and sometimes not-so-subtly) played on the codes of black-tie convention. Myung J. Chun/Los Angeles Times/Getty Images"Saturday Night Live" star Bowen Yang in a look by Bode. John Salangsang/Aaron Moten in a bright red Kenzo suit. Amy Sussman/Getty ImagesThe night’s other fun accessories included lapel pins and brooches, while eye-catching colors proved another way to make a statement.
Persons: Ramy Youssef, Joshua Jackson, , Lamorne Morris, Calvin Klein, Jeremy Allen White, Andrew Scott, Vivienne Westwood, “ Abbott, Tyler James Williams ’ Dolce, Tyler James Williams, Amy Sussman, Chris Perfetti, Myung J, Chun, Bowen Yang, Bode, Scott Kirkland, Williams, Dan Levy, Alan Cumming’s, Teddy, , Matt Bomer, Jonathan Bailey, Giorgio Armani, Loewe, Kevin Mazur, Alan Cumming, Teddy Vonranson, John Salangsang, Aaron Moten, Kenzo, Nehru, Finn Bennett, Laurent mockneck Organizations: CNN, “ Fargo, Dolce, Gabbana, Los Angeles Times, Disney, ruffles
As a Costco employee of 19 years, I've figured out which items are the best to get at the warehouse. 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 . AdvertisementAs a mom and Costco employee, I love picking up ingredients and frozen foods for easy meals. Here are nine things I get for breakfast from Costco.
Persons: I've, Thomas, Organizations: Costco, Service
Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its Chapter 11 filing, Big Lots agreed to sell its business to private equity firm Nexus Capital Management for about $760 million, consisting of $2.5 million in cash plus its remaining debt and liabilities, court records show. While discount retailers tend to do well in rough economic cycles, Big Lots primarily caters to lower- and middle-income consumers, who have curbed discretionary spending at a higher rate than their more affluent counterparts. “Big Lots is not always good value for money. A&G Real Estate Partners has been tapped as Big Lots’ real estate advisor, while Nexus will be represented by law firm Kirkland & Ellis.
Persons: Lots, Bruce Thorn, ” Evan Glucoft, , Big, Glucoft, Cos, ” Neil Saunders, GlobalData, ” Saunders, Davis Polk, Kirkland, Ellis Organizations: Big, Nexus Capital Management, Walmart, Goods, Guggenheim Securities, Real, Partners
Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.
Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland
Management blamed "higher interest rates and greater macroeconomic uncertainty" for pressuring consumer spending on home improvement projects. The recent data certainly supports the idea of a rate cut at the Fed's mid-September meeting. However, that's weeks away, we know things can turn on a dime in the data and the stock market. Lower rates can certainly impact the stock market — but when it comes to picking individual stocks, we remain focused on earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Thursday's, Stanley Black, Decker, Stifel, bode, Russell, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, PPI, Management, Dow, Home Depot, Trade, Costco, Depot, CNBC, New York Stock Exchange, Getty Locations: U.S, New York City
The era of freeloading is officially over
  + stars: | 2024-08-12 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
But thanks to the fine-tuning of the tech that Corporate America uses to police subscriptions, those freeloading days are over. Costco and Disney this month took a page from the Netflix playbook and announced they are cracking down on account sharers. Disney’s streaming business — Disney+, Hulu and ESPN+ — only became profitable in the second quarter this year. Like Netflix, Costco is betting that you’re already emotionally invested in the routine and the satisfaction of getting a closet’s worth of toilet paper that can last the whole year. Last year, the store reported $4.6 billion in revenue from membership fees, and that accounts for the majority of its profit.
Persons: CNN Business ’, they’d, It’s Organizations: CNN Business, New York CNN, Thought Police, Costco, Netflix, America, Disney, Wall Street, Amazon, Apple, HBO, YouTube, Hulu, ESPN, Costco there’s Locations: New York
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