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☆ Carlsberg slides 8%, set for largest drop in four years, after Britvic rejects $3.9 billion takeover offer
▼ + stars: | 2024-06-21 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

Carlsberg shares were on course for their largest single-day decline in more than four years on Friday, after the British soft drinks maker Britvic said it had rejected the Danish brewer's £3.11 billion ($3.9 billion) takeover proposal. This is the company's largest single-day share drop since March 12, 2020, when stock fell 8.77%. Earlier in the session, Britvic announced it had on June 17 refused an improved cash takeover bid from Carlsberg offering 1,250 pence per share of the British soft drinks maker. This was Carlsberg's second bid, after its June 6 offer price of 1,200 pence per Britvic share was also declined. Carlsberg confirmed the rejection of its second proposal, which it qualified as "a compelling opportunity for Britvic shareholders to realise their investment in full in cash at an attractive valuation."

Persons: Britvic Organizations: Carlsberg, PepsiCo Locations: London, Danish, Britain

☆ 3 Bodies Found in Baja California Are Identified as Missing Tourists’
▼ + stars: | 2024-05-05 | by ( Emiliano Rodríguez Mega | More About Emiliano Rodríguez Mega | ) www.nytimes.com time to read: +1 min

Three bodies that were found in the Mexican state of Baja California last week have been identified as those of three tourists from Australia and the United States who had disappeared days earlier, the Mexican authorities said on Sunday. The bodies were confirmed to be those of Callum and Jake Robinson, two brothers from Perth, Australia, and Jack Carter Rhoad, the Baja California attorney general’s office said in a statement. “The confirmation comes after the victims’ families were able to identify them, without the need for genetic testing,” the statement read. Early on Friday, the Mexican authorities recovered the three bodies from a 50-foot-deep water hole near La Bocana beach. A fourth, yet unidentified male body that prosecutors say has no relation to the case, was also at the bottom of the hole.

Persons: Callum, Jake Robinson, Jack Carter Rhoad, general’s, Rhoad Organizations: United Locations: Mexican, Baja California, Australia, United States, Perth, U.S, Ensenada, La

SAN FRANCISCO (AP) — Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. Residents have received annual premiums that near or exceed $10,000 — leaving many to wonder how they're supposed to rebuild their hard-hit community when insurance is so shockingly high for houses in an area that is supposed to be among the most affordable in California. Seven of the 12 top home-insurers in California — including Farmers Insurance, State Farm, Allstate — have paused or restricted new business in California, saying they can’t afford to take on new clients. Carl Johnsen, a retired drywall contractor, has lived in the same house since 1979, when he moved to Paradise. The Robinsons are paying $4,500 through the California Fair Access to Insurance Requirements Plan, and $750 with another insurer for supplemental liability coverage.

Persons: — Heidi Lange, “, ”, Ricardo Lara, Michael Soller, Rex Frazier, Carl Johnsen, Johnsen doesn’t, Gene Robinson, Robinson, Lara, Soller, Kathy Ehrhart, ” Lange Organizations: FRANCISCO, Fire, Farmers Insurance, State Farm, Allstate, California’s, Insurance Department, Paradise . Farmers Insurance, Farmers, “, Personal Insurance Federation of, Robinsons, FAIR Locations: California, Paradise, Personal Insurance Federation of California, Louisiana , Texas, Florida, Chicago

☆ The next threat to Airbnb: Superhosts want to leave the platform and take their listings with them
▼ + stars: | 2023-04-08 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

Hosts want to cut out the middle manTop hosts have spoken out recently about their desire to leave the platform. In December, influencer couple Sara and Tony Robinson told Insider they were planning to "quit" Airbnb and funnel their $1.3 million portfolio into direct bookings. (The couple would still leave a few of their 22 listings on the platform, they said.) Alaska resident Amie Somer echoed the Robinsons in her insistence on using direct bookings for her $1 million Arizona home, where she landed $50,000 in bookings in her first year. "I don't want all my eggs in one basket," she told Insider.

☆ A couple with 22 active Airbnb properties that bring in $1.3 million in annual revenue said on YouTube that they're planning to 'quit' the platform because they want 'more control'
▼ + stars: | 2022-12-17 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

Sara and Tony Robinson told their 30,000 YouTube followers they wanted to "quit" Airbnb. They won't pull their 22 active properties off Airbnb, but they'll try to increase direct bookings. The couple added that they will not delist their 22 active properties from Airbnb entirely, but rather embark on an aggressive push to lure direct bookings. Airbnb prohibits hosts from giving guests who book via Airbnb a direct-booking link, and bans moving conversations off the platform or embedding any links in instruction manuals. More YouTube channels: The Robinsons want to create additional YouTube accounts with content showing off activities in the local markets for their properties.

☆ $2.04 billion Powerball jackpot is now the largest prize in history—here are the top 5 so far
▼ + stars: | 2022-11-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

The $2.04 billion Powerball jackpot finally found a winner on Tuesday morning, after technical difficulties delayed the drawing that had been scheduled to take place on Monday. The massive prize marked the fifth time in the past five years that a lottery jackpot has crossed the billion-dollar threshold — and this one was a world record. That one was also a Powerball drawing that reached $1.586 billion and was split between three winning tickets. $1.59 billion (Powerball)This Powerball drawing from Jan. 13, 2016, for which three winning tickets were sold, held the record as history's biggest lottery prize for more than six years, until this week's Powerball drawing dropped it down a spot. $1.34 billion (Mega Millions)The first billion-dollar jackpot of 2022 topped $1.3 billion before it found a winner in July.

☆ The $1.6 billion Powerball jackpot is now the largest ever—here are the top 5 so far
▼ + stars: | 2022-11-04 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Once again, a lottery jackpot has crossed the billion-dollar threshold — the fifth time in the past five years — and this one is a world record. Saturday's Powerball drawing now has a jackpot of $1.6 billion, the largest ever, after no winners were announced for Wednesday night's $1.2 billion drawing. That one was also a Powerball drawing that reached $1.586 billion and was split between three winning tickets. $1.34 billion (Mega Millions)As mentioned above, the record Powerball drawing is already the second billion-dollar jackpot of 2022. $768.4 million (Powerball)

☆ I helped my dad get a tiny home for his Bay Area backyard. He nets $1,000 a month, and his property value is through the roof.
▼ + stars: | 2022-07-21 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +5 min

Glenn Robinson came up with a plan for his parents: put a tiny house in their backyard for $185,000. The Robinsons clear $1,000 a month off the tiny house. I've been telling him for years, "Hey, Dad, you should put a tiny house in that backyard." I'm a co-owner of the tiny house and a bit of the project manager. My dad refinanced his home — we got a $230,000 home-equity loan and used $185,000 to pay for the tiny house.

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