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☆ Robots might solve Chipotle's portion complaints. But there's a big reason they won't replace humans — yet.
▼ + stars: | 2024-07-25 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

For years, customers have griped about their portion sizes at the fast-food chain, and Chipotle has vigorously defended itself. "There have been no changes in our portion sizes, and we have reinforced proper portioning with our employees," Laurie Schalow, Chipotle's chief corporate affairs and food safety officer, told Business Insider. "Yes, you can have the same customization with a digital makeline, but you are more constrained in what you can do." technically the robot but i've seen the robot referenced broadly as a "digital makeline." The analyst added that robots could be a solution for digital orders, which Chipotle has said it plans to do.

Persons: —, Chipotle, Laurie Schalow, Wells, Danilo Gargiulo, Gargiulo, Daniel Fukuba, we're, Fukuba, Brian Niccol's, Chipotle's, Niccol, Fortune, de gallo, Niccol didn't Organizations: Service, Business, BI Locations: AllianceBernstein, Chipotle, San Jose , California, pico

☆ Chipotle’s CEO weighs in on the burrito bowl portion size debate
▼ + stars: | 2024-07-24 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Customers on social media have been furious with Chipotle for allegedly skimping on its burrito bowl portions this year. “First, there was never a directive to provide less to our customers,” CEO Brian Niccol said during an earnings call Wednesday. In June, a Wells Fargo analyst ordered and weighed 75 Chipotle burrito bowls with white rice, black beans, chicken, pico de gallo, cheese and lettuce across eight Chipotle locations in New York City. The bowls weighed roughly the same for in-store orders and online orders, but some locations served bowls that weighed 33% more than other locations. Some burrito bowls went to extremes, with one topping out at 27 ounces in one location, and a meager 14 ounces in another.

Persons: Chipotle, Brian Niccol, ” Niccol, pico de, ” Niccols, Nathaniel Meyersohn Organizations: New, New York CNN Locations: New York, Wells, New York City

☆ I moved from the US to Ireland. I'm extremely happy with my choice, but there are a few things I wish I'd known before relocating.
▼ + stars: | 2024-07-18 | by ( Alexis Mcsparren | ) www.businessinsider.com time to read: +11 min

Finding a job in Ireland is tough, especially if you're not in the country yetIt's hard to get a job in Dublin. Sadly, the Irish job market is extremely competitive, especially in Dublin. AdvertisementFinding housing in Ireland is equally as difficult, if not harder, than job huntingRent in Ireland can be pricey. Alexis McSparrenFinding housing in Ireland overall is very difficult, but finding housing in Dublin is a struggle. Finding my people in Ireland took some timeI met my boyfriend after I moved to Ireland.

Persons: —, I've, Alexis McSparren, nannying, you'll, Don't, It's, Alexis McSparren There's, it's, we've, they've Organizations: Service, Business, European Union, Irish, UNESCO, Heritage Locations: Ireland, Dublin, Missouri, Europe, Moher, Indiana, American

And at some Chipotle locations, customers filmed workers to try to make sure they didn't skimp on their burrito bowls. The three joined a growing list of consumer brands contending with customers' deep frustration over high prices — and wariness that prices will only rise more. Walmart, on the other hand, said the new price tags will cut a tedious task from store workers' to-do lists. They eliminate the need for store workers to swap out traditional paper tags. Shoppers at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024.

Persons: Wendy's, Jean, Pierre Dubé, David Chavern, Donald Trump, Joe Biden, Kevin Lamarque, hasn't, Dianna Campbell, she's, Campbell isn't, Biden, skimping, Sen, Bob Casey, Andrea Foote, Tricia Moriarty, it's, Jim Cramer, CNBC's, Brian Niccol, Chipotle, We've, Wells, Zachary Fadem, Brandon Bell, It's, Kirk Tanner, Yuki Iwamura, Cristina Rodrigues, Gabby Jones Organizations: Walmart, University of Chicago Booth School of Business, Consumers, U.S . Bureau of Labor Statistics, Consumer Brands Association, Procter, Gamble, Pew Research, Pew, Reuters Shrinkflation, Federal Reserve, Customers, Gatorade, PepsiCo, CNBC, Chipotle, New York, Mexican Grill, Getty, American Farm Bureau Federation, Bloomberg, University of Chicago Locations: U.S, Goffstown , New Hampshire, Manhattan, New York City, Mexican, Austin , Texas, Queens, New York, Europe, Secaucus , New Jersey, US

☆ There are 3 new types of fintech consumers. Here's who they are and what they want from their banking experience.
▼ + stars: | 2024-07-03 | by ( Sponsor Post | Sponsored Visa | ) www.businessinsider.com time to read: +6 min

Relevance to this demographic starts with understanding the subtle nuances among these three different groups of fintech consumers. Fintech Pioneers: the big spendersYoung affluent consumers are embracing a variety of payment methods, from cryptocurrency accounts to cross-border payment accounts. The technology revolution in banking lets these "Fintech Pioneers" accrue benefits and manage their finances in an efficient way that doesn't disrupt their lifestyles. They don't want to constantly vet new fintech solutions, or risk encountering technical glitches that can jeopardize their finances. The combination indicates their embrace of age-old exchange methods while still being open to fintech and new payment methods.

Persons: Fintech isn't, it's, aren't, They're Organizations: Fintech, Tech, Visa's, Insider Studios, Visa

☆ It’s all about fun and games now at these dead former Sears stores
▼ + stars: | 2024-06-06 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

New York CNN —In Florida, a handful of dead mall anchor Sears stores, left vacant and unmoored by the iconic retailer’s bankruptcy six years ago, are being jolted back to life. Oca said all venues Elev8 Fun uses are converted commercial spaces of more than 100,000 square feet. Construction began in the empty Sears stores at the citrus Park Mall in early 2022 and the facility opened in May 2023. The team also studied the local demographic and competitors to decide which attractions made sense to include in each new Elev8 Fun center. So we decided to put all of the attractions that we could into that former Sears store,” Oca said.

Persons: Oca, ”, Solomon, Victor Calanog, ” Calanog, “, pickleball, Elev8, Lainie Solomon Calanog, Lainie Solomon, “ Sanford, Jim Hull, “ I’m, ” Hull Organizations: New, New York CNN, Sears, Design Lab, CNN, Oca, Seminole, Treasure, Miami International, Entertainment, Manulife Investment Management, Industry, Construction, Walt Disney World, Universal Studios, Hull Property Group, ” Hull Locations: New York, Florida, Tampa , Florida, Sanford , Florida, Tampa, Jensen, Miami, Sanford, Orlando, Hull, Citrus

☆ Chipotle CEO discusses viral TikTok trend, company's first-ever stock split
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Chipotle CEO Brian Niccol addressed a recent TikTok trend that claims the fast food chain is skimping on portion sizes. Dubbed the "Chipotle phone method," the trend involves some users on Tiktok filming Chipotle workers as they get orders ready in order to receive more toppings. Niccol also discussed Chipotle's first-ever stock split. One Chipotle share is currently worth $3,072.85, and the split is expected to take effect in June. "There's a lot more excitement when you can buy a whole share or get a couple shares," Niccol said.

Persons: CNBC's Jim Cramer, Brian Niccol, Niccol, Chipotle, We're, Chipotle's, Jack Hartung

☆ Solidcore founder Anne Mahlum shares her longevity routine, from $10,000 red light therapy to a gallon of water every morning
▼ + stars: | 2024-05-21 | by ( ) www.businessinsider.com time to read: +7 min

Starting every morning with a gallon of waterMahlum said her morning routine includes coffee and the news, catching up on Morning Brew and CNBC. While still an active investor, Mahlum's daily routine centers on getting plenty of sleep and boosting her performance at beach volleyball. Vanessa Hankins/Courtesy of Anne MahlumShe's a big fan of recovery tech like red light therapyAnother staple in Mahlum's at-home wellness routine is red light therapy, a high-tech tool linked to antiaging and recovery benefits. "If I'm going to bed later, I'm not skimping on sleep and I'll sleep later," Mahlum said. As such, no amount of loading up on other trendy supplements, wellness tech, or fancy workout routines will help if you're not resting well, eating well, and otherwise nailing the simple healthy habits.

Persons: —, Anne Mahlum, Mahlum, Solidcore, immerses, Vanessa Hankins, Anne Mahlum She's, she's, I'm Organizations: Service, CNBC, Business, NASA, Morning Brew, Cleveland Clinic Locations: Solidcore, Mahlum's

☆ Consumers are still spending, but they're under pressure. These stocks still have room to run
▼ + stars: | 2023-11-06 | by ( Pia Singh | ) www.cnbc.com time to read: +12 min

Persistent inflationary pressures have led to depressed levels of consumer spending all year, according to Bank of America. Consumers are still spending — in fact, they're spending more than they are earning — as employment levels and hourly wage growth remain fairly strong . Some analysts see an opportunity to pick up shares of battered-down retail stocks. According to Barclay's Yih, spending levels "almost have to be worse" next year. LPL's Roach similarly expects consumers spending to hit a roadblock in the coming months.

Persons: bode, Neuberger Berman, Steve Eisman, Jeffrey Roach, Adrienne Yih, Yih, Randy Hare, Ross, Polly Wong, Belardi Wong, James Lewis, Huntington's Hare, Bartlett, Chris Kempczinski, Lewis, …, it's, Anthony Chukumba, Chukumba, Wells, Ike Boruchow, Kathleen Entwistle, Entwistle, LPL's Roach, Morgan Stanley's Entwistle, Barclay's Yih, Roach Organizations: Bank of America, CNBC, Consumers, Barclays, Ross, Huntington National Bank, Bartlett Wealth Management, Walmart, Retailers, Republic, Urban Outfitters, Eagle Outfitters, National, Capital, National Vision, Nike, Ross Stores, Morgan Stanley Private Wealth Management, Investments, Citizens JMP Securities, Delta Air Lines, Deutsche Bank Locations: U.S, Wells Fargo

☆ DoorDash is testing warnings about bad service if you don’t tip your driver
▼ + stars: | 2023-11-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —Thinking of skimping on a DoorDash tip? The message is just a test, DoorDash spokesperson Jenn Rosenberg told CNN in an email. DoorDash, along with other third-party delivery providers, has opposed efforts to create a minimum wage for delivery drivers. Federally, the tipped minimum wage is just $2.13 per hour (some states have higher minimums). Employers are required to make up the difference if tips don’t bring workers up to the federal minimum wage.

Persons: Jenn Rosenberg, we’re, ”, ” Rosenberg Organizations: New, New York CNN, DoorDash, CNN, Employers Locations: New York

☆ Bill Gates used to think that sleep is lazy, and competed with colleagues to get as little rest as possible
▼ + stars: | 2023-08-07 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Bill Gates said that he used to think sleeping was lazy and unnecessary when he was younger. Now he checks his daily sleep score to maintain good brain health as he gets older. The billionaire has changed his tune about sleep since then and started tracking his daily "sleep score," he said. A sleep score is determined by the length and quality of your sleep and is something that can be tracked on an Apple Watch or a Fitbit, for example. "One of the most predictive factors of any dementia, including Alzheimer's, is whether you're getting good sleep," he added.

Persons: Bill Gates, Seth Rogan, Lauren Miller Rogan, Gates, Rogan chimed, Matthew Walker Organizations: Microsoft, Apple Watch

☆ 3 places people say they never tip amid 'tipflation': ‘It’s out of control’
▼ + stars: | 2023-07-27 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Many also feel added pressure to tip amid the rise of automatic tipping prompts on self-service kiosks and apps, NerdWallet's consumer budgeting report found. Amid the "tipflation" debate, where are consumers tipping the least, or skipping gratuity altogether? To find out, CNBC Make It asked three New Yorkers which services they never tip on — and what etiquette experts recommend in each scenario. If it's fast food or you're grabbing a pre-packaged item from a shelf, Farley says you don't need to tip. An etiquette expert's take: When you're paying for a taxi or rideshare, you're paying the price of convenience, and your tip should reflect that, says Farley.

Persons: Saad Kabir, Thomas Farley, Mister Manners, Farley, Haley Truchan Organizations: CNBC, New York City Public Schools Locations: U.S, New York, Manhattan

☆ The No. 1 place where Americans forget to tip but should ‘always’ leave at least $3, from an etiquette expert
▼ + stars: | 2023-07-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

But there's one important place they're often forgetting to pay gratuity altogether amid the "tipflation" debate, according to one etiquette expert: hotels. Hotel housekeepers are often stiffed on gratuities — but it's a service you should "always tip on," Diane Gottsman, founder of The Protocol School in Texas and a nationally-recognized etiquette expert, tells CNBC Make It. Plus, like many service workers, some hotel housekeepers might rely on gratuities to help make ends meet, Gottsman points out. 5 times it's OK not to tip, according to etiquette expertsDo you always need to tip 20%? Here's how much an etiquette expert says to leave at restaurants, hotels and more

Persons: Diane Gottsman, Gottsman, They're Organizations: Protocol, CNBC, housekeepers, Bureau of Labor Statistics, American Hotel Association Locations: Texas, …, U.S

☆ Sleep Better at Every Age
▼ + stars: | 2023-07-07 | by ( Dani Blum | ) www.nytimes.com time to read: +47 min

Sleep training, the process of teaching babies how to soothe themselves at night and sleep independently, can start when infants are 3 to 4 months old. While sleep training can be taxing for everyone involved, it can lead to better sleep for the whole household. If your child is struggling to sleep through the night at this age, consider talking to a pediatrician about possible solutions. The problem: Insomnia can strike at any age: Around 20 percent of children have difficulty falling or staying asleep. Plus, the older we get, the harder it is to bounce back from a night of poor sleep, Dr. Roth said.

Persons: ”, Craig Canapari, Canapari, Naptime, Tell, “, aren’t, Roth, Dr, Shannon Sullivan, Sullivan, Indira Gurubhagavatula, we’re, Gurubhagavatula, You’re, doesn’t, you’re, Sabra Abbott, Aric Prather, It’s, you’ll, Perimenopause, Abbott, Prather, don’t, — Organizations: Yale University ., Stanford Medicine, Yale University, Penn Medicine, Feinberg School of Medicine, Northwestern University, University of California Locations: San Francisco, midlife, United States

☆ Millions of Americans are skipping doses because they can't afford their prescription drugs
▼ + stars: | 2023-06-02 | by ( Zachary Tracer | ) www.businessinsider.com time to read: +2 min

About 8.2% of adults in the US didn't take a prescription drug as prescribed because of the cost. The problem was worse for people who don't have insurance and for those in poor health. It shows how the high cost of US healthcare can make it difficult for people to get needed care. Millions of Americans are skimping on their prescription drugs to cut costs, a government report shows, revealing how the high cost of US healthcare can harm people's health. Similarly, 18% of people in fair or poor health sometimes skipped doses or delayed filling their scripts to cut costs.

Persons: Laryssa Mykyta, Robin A, Cohen Organizations: US Centers for Disease Control, CDC, Medicaid

☆ Say goodbye to the US car market as we know it: Cheap Chinese EVs are coming
▼ + stars: | 2023-05-16 | by ( Nora Naughton | Tim Levin | ) www.businessinsider.com time to read: +6 min

After years of eyeing the American market, Chinese brands are poised to arrive. After years of preparation, Chinese car companies are poised to upend the US electric-vehicle market. Chinese EV manufacturers can gain a foothold in the US by coming in at a budget price point, analysts said. "I've driven a number of the Chinese EV brands, and boy oh boy, the Europeans are in trouble." The sheer size of the US car market means new entrants will need to build locally to compete seriously in the long term, he said.

☆ Travelers say hotel resort fees have gotten completely out of control. Now Biden wants to get rid of them.
▼ + stars: | 2023-02-23 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

Resort fees are a top frustration for travelers, who are dismayed by the added costs to hotel rates. President Biden in his recent State of the Union address called on lawmakers to bar resort fees. How resort fees began to spreadResort fees aren't a totally new phenomenon. As the resort fees migrated to other properties, they took on other names, like "amenity fees" or "facility fees." President Biden spoke out against resort fees during his State of the Union address earlier this month.

☆ Valentine's Day chocolate boxes look big, but have more plastic than ever
▼ + stars: | 2023-02-14 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +5 min

Dworsky said his research shows the over-sized boxes deceive consumers into believing there’s more chocolate inside when there isn’t. Dworsky bought a 9.3-inches wide and 10-inches high Whitman's Sampler heart-shaped chocolate box, with 11 pieces of chocolate inside. Dworsky said a reader alerted him to the chocolate boxes a few days ago and sent him evidence of a heart-shaped Whitman’s chocolate sampler box. Swiss chocolate company Lindt & Sprüngli, which owns Russell Stover, Whitman’s and Ghirardelli brands, referred requests for comment to Russell Stover Chocolates. He said Dworsky had reached about to him about his most report looking at the Russell Stover and Whitman’s chocolate candy boxes.

☆ Goldman Sachs plans to nudge out an additional 800 staffers by skimping on bonuses after already laying off more than 3,000 employees, report says
▼ + stars: | 2023-01-14 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Sources close to Goldman Sachs told the New York Post more departures are likely on the horizon. This year's annual bonuses will be so "skimpy" employees will quit on their own, company insiders alleged. The forthcoming bonuses are expected to be "so skimpy that disgusted recipients will pack up and leave," the sources told the Post. One Goldman employee described morale in the office as "super low" and claimed their co-workers are "very depressed," according to the New York Post report. A Goldman Sachs spokesperson addressed the layoffs in a statement to Insider: "We know this is a difficult time for people leaving the firm.

☆ Warren Buffett trolled Bill Gates by proposing he spend almost $400 million on an engagement ring
▼ + stars: | 2022-12-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Warren Buffett helped Bill Gates pick out an engagement ring at Berkshire-owned Borsheims in 1993. Buffett spent 6% of his net worth on a ring in 1951, and told Gates he should do the same. Gates, worth around $6.2 billion in 1993, declined to shell out $370 million on a piece of jewelry. Buffett met them at the airport and escorted them to Borsheims, a jewelry business he bought four years earlier. Gates was worth around $6.2 billion in 1993, according to Forbes.

☆ U.S. retailers knocked as Target warns on gloomy sales outlook
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +2 min

Target shares were forecast to open nearly 14% lower, dragging down other retailers. Target's larger competitor Walmart (WMT.N) slipped nearly 2%, a day after lifting its annual sales and profit forecast as demand for groceries held up despite higher prices. With annual inflation running at 7.7% in October and high interest rates, shoppers are skimping on discretionary spending, a gloomy prospect for a sector that relies on year-end shopping for a large portion of its annual sales. Target shares lost 22.7% of their value since the start of the year until Tuesday, while Walmart edged up 1.9%. Walmart, Target shares recover as CPI peaksReporting by Medha Singh in Bengaluru; additional reporting by Bansari Mayur KamdarOur Standards: The Thomson Reuters Trust Principles.

☆ How Much Car Insurance Do I Need?
▼ + stars: | 2022-11-13 | by ( ) www.wsj.com time to read: +11 min

We’ll guide you through how to decide what car insurance works for you––making sure you get the coverage you need without breaking the bank. Required coverage amounts vary by state, but often match the minimum liability insurance coverage requirements. At the same time, if you have collision insurance (more on this below) and a low deductible on your health insurance plan, this insurance could be largely redundant—and you may well be safe with your state’s minimum. How much collision insurance coverage do I need? Also just like collision insurance, the coverage limit for comprehensive insurance is typically the cash value of your car.

Pet food prices rose 14% between September 2021 and September 2022, according to the Bureau for Labor Statistics. Fifty percent are shopping for cheaper alternatives to their standard pet food, and 35% say they've had to reduce the frequency of their visits to grooming services. More worryingly: 46% of pet owners said that they've decided to forego or delay veterinary treatments in the wake of inflation — including dental procedures and X-Rays. She told Insider: "Google searches for "can I give my dog paracetamol?" have surged recently, as we fear people are seeking to self-medicate animals and avoid vet costs."

A farmer spreads nitrogen fertilizer in his wheat field in Blecourt, France, May 27, 2021. Russia, under financial sanctions, is a major producer of fertilizer and natural gas, key in making nitrogen products to boost yields of corn and other crops. Since Russia's February invasion of Ukraine, Europe started weaning itself off Russian natural gas and a pipeline transporting ammonia from Russia to a Ukraine port shut down. European countries typically buy most of their imported urea, a form of nitrogen fertilizer, from North Africa, but are now purchasing it further afield, Wallace said. EU nitrogen prices eased in mid-October as some European plants resumed production due to softening natural gas prices, he said.

☆ The best ways to use the sign-up bonus on the Ink Business credit cards
▼ + stars: | 2021-06-28 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +25 min

While the Chase Sapphire Preferred, Chase Sapphire Reserve and Ink Business Preferred allow you to transfer points to partner loyalty programs, that same redemption options doesn’t hold true for your no-annual-fee cards, such as the Ink Business Cash and Ink Business Unlimited. If you earn 90,000 bonus points from the Ink Business Cash or Ink Business Unlimited, you can use those points to stay at one of these all-inclusive properties for up to seven nights. While points earned from the Ink Business Cash or Ink Business Unlimited don’t count toward earning the Companion Pass, having the points can still be beneficial. When redeeming your Ultimate Rewards points directly through your Ink Business Cash or Ink Business Unlimited, points are worth 1 cent each. This makes the 90,000 bonus points on the Ink Business Cash and Ink Business Unlimited worth $1,125 to $1,350 towards your next vacation — when paired with a premium card.

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