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Coca-Cola unveils all-new bottles — sort of
  + stars: | 2024-03-19 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +4 min
A year later, Coca-Cola made a major change when it took out Sprite bottles’ green PET, which was an additive that was difficult to recycle into new bottles. Here's what the new Coca-Cola bottles look like. However, the label and caps will not be made from 100% recycled plastic. Companies like Coca-Cola have been making more environmentally packaging as consumer awareness and demand for action has intensified in recent years. Coca-Cola’s Smartwater brand also plans to introduce bottles made with 100% recycled plastic in New York and California later this year.
Persons: ” Kurt Ritter, , Ritter, it’s, Emma Priestland, “ Coke, Organizations: New, New York CNN, CNN, Dasani, Cola Company, Coca Locations: New York, North America, California
Singapore Airlines is offering a luxurious new in-flight experience for its premium economy class. It's the first revamp since the premium economy cabin was introduced in 2015. If you book a seat in its premium economy class, you can cheers with a glass of Charles de Cazanove Brut Tradition NV Champagne after take-off — and finish off a three-course meal with a chocolate Feuilletine cake. Singapore Airlines announced its new premium economy class in-flight experience last week. This story is available exclusively to Business Insider subscribers.
Persons: , Charles de Cazanove Organizations: Singapore Airlines, Service, Business
Morgan Stanley reiterates Starbucks as overweight Morgan Stanley said it's standing by its overweight rating on Starbucks shares. Morgan Stanley upgrades Pepsi to overweight from equal weight Morgan Stanley said the beverage giant is undervalued. Morgan Stanley initiates Ball Corporation as equal weight Morgan Stanley initiated the beverage can company and says the stock is fairly valued right now. Morgan Stanley names LifeStance a top pick Morgan Stanley named the mental health company a top pick on Monday. Morgan Stanley reiterates Micron as underweight Morgan Stanley raised its price target on the stock to $78 per share from $74.75 and said it's sticking with its underweight rating heading into earnings later this week.
Persons: KeyBanc, Morgan Stanley, it's, Telsey, ESAB, Mizuho, Goldman Sachs, Tesla, Raymond James downgrades, Raymond James, LifeStance, Wolfe, Bernstein, Truist, Wells, Wells Fargo, F2Q Organizations: Apple, JPMorgan, 1Q, Meta, HSBC, Nvidia, Netflix, RBC, Howmet Aerospace, York Community Bank, Pepsi, Ball, Citi, Micron, IT, Downside, Bank of America, Taiwan Semiconductor, Pinnacle, of America, Pinnacle West Capital Corp, ISI, UBS, CCL Locations: Berlin, underperform, Taiwan, Arizona, Underperform
Google — Alphabet Class A shares were trading 5.6% higher following a Bloomberg report that said Apple is in talks with Google to license and build its Gemini artificial intelligence engine into future iPhones. Nvidia — The stock moved 2.7% higher ahead of its highly-anticipated GTC Conference , where the chipmaker is expected to announce various AI updates. HashiCorp — Shares jumped 9.8% on news that the San Francisco-based software provider has been considering options including a sale. Taiwan Semiconductor Manufacturing — The U.S.-listed shares gained 1.5% after a Reuters report , citing sources familiar, said Taiwan Semiconductor is deliberating building advanced packaging capacity in Japan. Tesla — Shares rose 3.2% even after Goldman Sachs cut its price target on Tesla by $30 to $190 as the electric vehicle maker faces issues with rising competition and slower demand.
Persons: Apple, Goldman Sachs, Morgan Stanley, , Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Yun Li, Sarah Min, Michelle Fox Theobald Organizations: Bloomberg, Google, Nvidia, Conference, HSBC, Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, Tesla Locations: San Francisco, U.S, Taiwan, Japan
Investors see the event as a bellwether for artificial intelligence, as Nvidia is expected to unveil new products and updates. Alphabet , Apple — Shares of the Google parent company gained nearly 7% following a Bloomberg report that said Apple was discussing licensing Alphabet's Gemini artificial intelligence engine into the iPhone. Apple climbed roughly 2%. PepsiCo — The beverage stock rose nearly 4% after an upgrade to overweight from equal weight by Morgan Stanley . PepsiCo's business fundamentals should bottom out early this year and then rebound in the second half, according to Morgan Stanley.
Persons: Apple, Tesla, Morgan Stanley, Uber, — CNBC's Pia Singh, Jesse Pound Organizations: Nvidia —, Conference, Investors, Nvidia, National Association of Realtors, realtors ., , Google, Bloomberg, Apple, Taiwan Semiconductor Manufacturing, Reuters, Bank of America, PepsiCo, Technologies Locations: San Francisco, Japan
CNBC's Jim Cramer backs Wall Street's upgrade of PepsiCo but warns that weight loss drug risks could have a lasting impact on the beverage and snacks giant. Shares of PepsiCo rose 4% in Monday morning trading on a bullish call from Morgan Stanley. Morgan Stanley analysts did address GLP-1s in Monday research note, saying the long-term risk is real but manageable. They added this risk "seems more than priced in" to the valuation of PepsiCo stock. Novo Nordisk is the maker of Ozempic for diabetes and Wegovy for weight loss.
Persons: CNBC's Jim Cramer, Wall, Morgan Stanley, Cramer, he's, Eli Lilly Organizations: PepsiCo, Novo Nordisk, Trust, CNBC, Club
Disney gets a win : A major proxy advisor weighed in on the Disney -Trian board battle. Glass Lewis said Monday it recommends Disney shareholders vote for the company's director nominees and not the slate forth by Trian's Nelson Peltz. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Glass Lewis, Trian's Nelson Peltz, Jay Rasulo, Nelson, Mondelez, Heinz, Jim, DuPont, Jim said, Stephanie Cohen, Goldman Sachs, Cohen, Jensen Huang, Jensen's, Jim Cramer's, Spencer Platt Organizations: CNBC, Nvidia, Apple, Disney, Procter & Gamble, GE Healthcare, General Electric, GE, Evercore, DuPont, Protection, Samsung, Taiwan Semiconductor Manufacturing, PepsiCo, Constellation Brands, Citi, GEHC, Traders, New York Stock Exchange, Getty Locations: China, New York City
Early analyst calls featured one firm calling for more gains for Nvidia and an upgrade to a major beverage and snacks maker. HSBC raised its price target on Nvidia to $1,050, which implies upside of nearly 20% for the chipmaker. His price target of $190 indicates upside of 15.4% over the next 12 months. — Fred Imbert 5:43 a.m.: HSBC hikes Nvidia price target ahead of GTC Conference HSBC sees more upside in store for shares of Nvidia as the chip giant defends its AI position and reaches new markets. Given this backdrop, analyst Frank Lee boosted the firm's price target to $1,050 from $880 a share, reflecting nearly 20% upside from Friday's close.
Persons: Morgan Stanley, Raymond James downgrades, Raymond James, Steve Moss, Moss, management's, Samantha Subin, Brad Lin, Lee, bode, — Samantha Subin, Dara Mohsenian, Fred Imbert, Frank Lee Organizations: CNBC, Nvidia, HSBC, PepsiCo, York Community Bancorp, New York Community Bancorp, Bank of, Taiwan Semiconductor, AI, Bank of America, Intel, GTC Conference HSBC, GTC Conference
New York CNN —On St. Patrick’s Day, throwing back an Irish whiskey might taste different than it used to. Flavored whiskey is a $1.5 billion category and accounts for 20% of all US whiskey sales. In the past few years, flavored whiskey sales have outpaced unflavored whiskey, according to Southern Glazer’s distributors. But with younger drinkers gravitating toward punchier flavors, Irish brands “have to be much more flexible than their historical beliefs have been,” he told CNN. Flavors are “a good way to get them into the brand and into the whiskey category, and certainly into Irish whiskey,” Basford said.
Persons: Patrick’s, , , Lander Otegui, Bushmills, Jameson, Conor McGregor’s, Otegui, Honey, Paul Basford, William Grant, Basford, Jack Daniel’s, Jim Beam, ” Jon Berg, ” Basford, ” Otegui Organizations: New, New York CNN, CNN, Tullamore D.E.W, Tullamore, NIQ Locations: New York, St, Southern, Tullamore D.E.W, Tullamore
China's richest man is being targeted by nationalists who say he's not patriotic enough. AdvertisementZhong Shanshan, the richest man in China, has been beset this month by accusations from an online nationalist crowd that he isn't loyal enough to his country. Some think Nongfu Spring loves JapanThe hostility escalated this week into claims that Nongfu Spring was intentionally planting elements of Japanese culture into its product marketing. CFOTO/Future Publishing via Getty Images and Jinhee Lee/NurPhoto via Getty ImagesAnother complaint accused Nongfu Spring of using a red bottle cap that resembles the Japanese flag. China's nationalist groups have been notorious for turning on typically celebrated figures and businessmen.
Persons: Zhong Shanshan, Zong Qinghou, , Zhong, he's, Zong, Zhong Shuzi, Jinhee Lee, NurPhoto, Mr Zong, Hu Xijin, shouldn't, Hu, Li Guoqing, Li, Zong Fuli, Mo Yan Organizations: Service, Nongfu, Hong, Hangzhou Wahaha, Hangzhou Wahaha Group, Getty Images, Weibo, Mount, Publishing, Getty, Global Times, The Global Times, Rongsheng Petrochemical, China Newsweek, China News Service, Business Locations: Japan, China, Hong Kong, Hangzhou, Zhejiang Province, American, Tokyo, Mount Fuji
But there are still a few small things to consider before selling that could help you bump up your house's value even further. 4 things to boost your home's valueFirst, Pendleton said adding a fresh coat of interior paint can add value to your home. Dark gray outperformed white in every single room that we tested," Pendleton said. "So it is a really good option, even in the bedroom and the bathroom, if you feel like, 'Oh, dark gray is way too much for my kitchen.' She added: "I'm telling you, dark gray covers a lot of imperfections, and it feels modern.
Persons: You've, you've, it's, Amanda Pendleton, Pendleton, Zillow, Soapstone countertops, I'm Organizations: Business Locations: Zillow's, soapstone
CNN —A passenger on an Alaska Airlines flight this month repeatedly tried to open the cockpit door, prompting flight attendants to barricade the door and have the man restrained until landing, court documents filed in federal court allege. Jones got up from his seat several times during the flight and made three attempts to go to the front of the plane and open the cockpit door, an air marshal wrote in an affidavit. When a flight attendant asked why he tried to access the cockpit, Jones replied that he “was testing them,” the affidavit reads. The cockpit was locked down and barricaded with a beverage cart for the remainder of the flight, according to the affidavit. The passenger had tried to access the cockpit in a “nonviolent manner” and “appeared confused,” Alaska Airlines said on Wednesday.
Persons: Nathan Jones, Jones, , Robert Jenkins, ” Jenkins, Anne Zalewski, CNN’s Elizabeth Wolfe Organizations: CNN, Alaska Airlines, Dulles International, Federal Aviation Administration, FAA, United Airlines Locations: San Diego, Virginia, Alaska, Alexandria , Virginia
An Alaska Airlines passenger tried three times to access the cockpit, an affidavit says. Flight attendants blocked the door with a beverage cart, it adds. AdvertisementAn Alaska Airlines cabin crew blocked the cockpit with a beverage cart to stop a passenger from accessing the flight deck, an affidavit states. AdvertisementIt adds that when a flight attendant asked why he was trying to get into the cockpit, Jones replied he "was testing them." The flight deck was locked down for the rest of the flight, and one flight attendant stayed with the beverage cart blocking the cockpit door, per the affidavit.
Persons: , Nathan Jones, who's, Jones Organizations: Alaska Airlines, Service, Business, Transportation Security Administration Locations: Alaska, San Diego, Washington
There may be a lot of caution with investing in Chinese stocks — but asset manager Jason Hsu sees opportunities to play the market. "Chinese stocks are trading at the cheapest they've ever been. The Chinese economy and stock market have been dogged by declining foreign investments and a prolonged property market slump. Hsu suggests that investors allocate around 7% to 8% of their portfolio to Chinese stocks. 'A great growth story' When it comes to the Chinese market, Hsu views state-owned food and beverage company Kweichow Moutai as good short-term play.
Persons: Jason Hsu, Hsu, Moutai, Warren Buffett, Tesla, BYD Organizations: Rayliant Global Advisors, CNBC Pro, Shanghai, Shanghai Stock Exchange, FTSE, China Consumer, Toyota, U.S, Ferrari, Hong Kong Locations: China, Japan, FTSE China, U.S, Europe, Hong Kong and New York
Zhong and his drinks firm Nongfu Spring, the country’s biggest maker of bottled water, are the latest targets of an army of internet zealots. WeiboThe nationalists have also highlighted the fact that prominent US investment funds, including Vanguard and BlackRock, are major shareholders of Nongfu Spring. “Taking advantage of Mr Zong’s death, a lot of slander against me and Nongfu Spring appeared on the internet. “Whether Wahaha or Nongfu Spring, we always insist on the same thing — producing good products for the people,” he said. Nongfu Spring is just the latest major target of China’s nationalists.
Persons: Hong Kong CNN — Zhong Shanshan, Zhong, Zong Qinghou, Zong, Zhong’s, , “ Zhong Shuzi, , , He’s, Mr Zong’s, ” Zhong, influencers, netizens, “ Zong, Wei Jiang, Mo Yan, Mao Zedong, Stringer, Li Ning Organizations: Hong Kong CNN, Wahaha, Danone, Weibo, , Vanguard, BlackRock, Nongfu, American, Wahaha’s, CNN, Zhejiang Daily, Communist Party, Auto, Zhejiang University of Finance, Economics, People’s Liberation Army, AFP, Getty, Nike, Adidas, United, Toyota, Honda Locations: China, Hong Kong, Beijing, American, Weibo, Nongfu, Zhejiang, Hami, China's, Xinjiang, AFP, United States, Japan
Inside Startupland's 'Shroom Boom'
  + stars: | 2024-03-13 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +11 min
This story is available exclusively to Business Insider subscribers. Frohman is part of a small but growing community within the startups industry that is experimenting with small doses of psilocybin to improve focus and productivity. Business Insider spoke with multiple founders and investors who microdosed, but wished to be anonymous. The person declined to share their name for publication, but their identity is known by Business Insider. Vancouver-based Filament Health is working to expand access to natural psychedelics through an extraction and drug-discovery process, while brick-and-mortar shops Shroomyz and Fun Guyz are further fueling the Canadian "'Shroom Boom".
Persons: Scott Frohman, Frohman, hasn't, Microdosing, James Fadiman —, Koel Robinson, Robinson, Richard Laver, Steve Jobs, Peter Grinspon, Grinspon, Peggy Van de Plassche, Van de Plassche, She's, Justin Zhu, I'm, microdosing, they're, It's Organizations: Business, Rocket Beverage Group, Erewhon, Foods, Massachusetts General Hospital, Harvard Medical School, BMO, PsyMed Ventures, Noetic Fund Locations: Florida, San Francisco, Denver, Minneapolis, In Oregon, California , Iowa, Washington State, Vermont, Massachusetts, Vancouver, Palo Santo
New York CNN —Stella Artois, the nearly century-old brew, isn’t immune to the difficulties facing beer sales, so it’s drafting one of the world’s most recognizable personalities to help the lager return to its former glory: David Beckham. On Tuesday, the Anheuser-Busch InBev-owned brand introduced the former soccer superstar as the new face of its beer, naming Beckham as its “official ambassador” for Stella Artois. David Beckham is the new face of Stella Artois. Beckham joins fellow soccer superstar Lionel Messi in the A-B ambassador portfolio. “Beckham certainly gives Stella Artois the kind of top-tier recognition that A-B has historically leaned on to gain attention,” Sightline’s Roth said.
Persons: New York CNN — Stella Artois, David Beckham, Beckham, , Stella Artois, weren’t, Bump, it’s, ” Bryan Roth, Richard Oppy, Oppy, Victoria Beckham, David, ” Oppy, Matt Damon, Zoe Saldana, Lionel Messi, Bud Light, “ Beckham, ” Sightline’s Roth, , ” Roth, Messi “ Organizations: New, New York CNN, Anheuser, Busch InBev, Bump Williams Consulting, Feel Goods Company, CNN, InBev, Maserati, Wimbledon, Roland, Garros, Inter Miami CF, Major League Soccer, Bowl, North America, Bud Light Locations: New York, Europe, America
During Trump's trade war, Chinese consumers turned away from some U.S. goods and services in protest. SBUX 1Y mountain Starbucks 1 year Shares of Starbucks rose 1% on Monday as investors, perhaps, shrugged off China trade war worries. Such a scenario could fuel skepticism — already a worry among investors — about Starbucks' appeal to a broad swath of Chinese consumers. "I fear they're too expensive for China," Jim Cramer recently said, referring to Starbucks. As the coffee market matures in China, Starbucks believes the industry will undergo a more defined tiered competition dynamic, which would expand opportunities as a high-end brand.
Persons: Donald Trump, Joe Biden, Kevin Johnson, we're, shrugged, Jim Cramer, Jeff Marks, Peter Saleh, wouldn't, Saleh, Trump, Biden, Jim Cramer's, Jim, Alex Tai Organizations: CNBC, Democratic, Starbucks, U.S, Club, Getty Locations: China, U.S, Washington, Beijing, Trump, India
New York CNN —WWE and Logan Paul’s Prime have struck a “record-setting” deal to feature the sports drink as the first-ever brand logo to appear in the center of the wrestling mat. Notably, the deal is for Prime Hydration and not for its energy drink, Prime Energy, which riled up some US lawmakers last year for its high caffeine content. In January, Netflix acquired the exclusive rights to “WWE Raw,” currently seen weekly on Comcast’s USA cable network. However, controversy surrounded the company when disturbing allegations of sexual assault, trafficking and physical abuse against WWE founder Vince McMahon came to light. McMahon, who has denied the accusations, resigned from the company a few days later.
Persons: Logan, , Paul, Jake, , Bud Light, Mat, Dwayne “, ” Johnson, Vince McMahon, McMahon Organizations: New, New York CNN, WWE, Bank, Prime Energy, UFC, Modelo, Netflix, Comcast’s USA Locations: New York,
Colin Yong, who works in the food and beverage industry, lives in a cozy, five-room public housing apartment in Singapore with his wife. But she wasn't always keen on it because she preferred a new house," Yong said. But my wife wanted more shelving and everything, so we learned to meet in the middle." Amanda Goh/Business InsiderWarm, dim lights create a soothing atmosphere that puts people at ease. Amanda Goh/Business InsiderNot settling for lessThe couple has one tip for other first-time homeowners: Don't settle for less.
Persons: Colin Yong, , It's, homeownership, Yong, they're, Eddy Kur, Amanda Goh, I've, wasn't Organizations: Service, Housing, Development Board, BTO, Amazon Locations: Singapore, Hougang, Amazon Germany
Goldman Sachs said the stock market performance has been driven by company specific factors rather than the macroeconomic environment, and the Wall Street firm identified a host of names that it said offer the most attractive microeconomic setups. The investment bank used a so-called " dispersion score " for each S & P 500 stock to identify "the best stock-picking opportunities going forward." It's important to note that stocks with high dispersion scores reflect a large alpha opportunity , but not necessarily in one direction or the other, meaning a stock can have outsized outperformance or underperformance. Goldman found that among the 11 S & P 500 sectors, consumer discretionary and technology groupings offer the best stock picking opportunities based on their dispersion scores, while real estate and utilities have the lowest scores, hence less chance of generating alpha. Stocks with the highest dispersion scores in the benchmark stock index are Monster Beverage , DexCom , Akamai Technologies , Centene and Align Technology , according to Goldman.
Persons: Goldman Sachs, Goldman, David Kostin, — CNBC's Michael Bloom Organizations: Street, Monster Beverage, Akamai Technologies, Technology
And most important of all, how does a toilet work at 40,000 feet? Matthias Balk/dpa/picture alliance/Getty ImagesUsing water to flush airplane toilets is a no go because of aircraft weight restrictions. When you press the flush button, a valve opens at the bottom of the toilet bowl, connecting it to a pipe below. Airplanes have never deliberately shot their toilet waste into the atmosphere, not even in the old days, says Jones. The onboard air circulation of today isn’t just about keeping healthy – it also controls how passengers feel, especially on longhaul flights.
Persons: Al St, Germain, who’s, James Kemper, Matthias Balk, biggie, , Nigel Jones, Jones, it’s, that’s, , Martin Leissl, Nik Sennhauser, Jones –, bev, ” Kris Major, he’s, Don Buchman, – Buchman, Buchman, “ It’s, St Organizations: CNN, Delta, , Kingston University, UK’s Royal Aeronautical Society, Airlines, JAL, Al Nippon Airways, Oman Air, Boeing, Airplanes, British Airways, Bloomberg, Getty, European Transport Workers ’ Federation Joint, Viasat, Netflix, Pilots, JetBlue, Germain . British Airways, US, American Airlines, Environmental Protection Agency, Airbus Locations: St, London, It’s, Japanese, Oman, Antarctica, London’s Heathrow, Europe, what’s, North America, New York City, Madrid, Rio de Janeiro, New York, Atlanta, Dallas, Chicago, Iberia, Southwest
New York CNN —Why does actor Aaron Paul co-own a mezcal brand? Rob Kim/Getty Images for NYCWFFIt’s an “opportunity, to be honest,” Cranston told CNN. Celebrities are attractive to the spirits space because of their clout and connections, so the industry has “the door open. Four years later they sold the tequila brand to liquor giant Diageo for $1 billion, and the industry gold rush was on. The side of a Casamigos delivery truck promoting George Clooney and Rande Gerber's tequila brand in a 2015 photo.
Persons: Aaron Paul, Bryan Cranston, , Niro, Issa Rae, Dwayne “, ” Johnson, Matthew, Camila McConaughey, Eva Longoria, Casa Del, Kendall Jenner, Shirley Temple, Warren Beatty, Rob Kim, ” Cranston, George Clooney, Rande Gerber, George Rose, Ryan Reynolds, Conor McGregor, Jose Cuervo, Michael Yanover, Yanover, Jeff Spicer, ” Lisa Hawkins, , Drizly, Dwayne Johnson, Mike Segar, ” Andrew Chrisomalis, Tequila, Ed Mundy, ” Mundy, Sean “ Diddy ” Combs, Combs, Jennifer Lopez’s Delola, Lopez, she’s, Delola, Paul, Cranston, Dos, ” Applebee’s, ” Aaron Paul, CAA’s Yanover, , There’s, Kylie Jenner, Kendall, It’s, I’ve Organizations: New, New York CNN, Hombres, Hollywood, Dos Hombres, Food Network New York, Food Network New York City Wine, Food Festival, CNN, Diageo, Aviation, UFC, Creative Artists Agency, , Reuters, Jefferies, Diddy, New York, New York City Wine, Applebee’s Locations: New York, Casa Del Sol, Food Network New York City, Hollywood, New York City, Iowa, Applebee’s
I planned a small wedding at Disney World for under $25,000, and I learned a lot about the process. I knew I'd have to hit an event minimum, but I didn't know how complicated the system was. I definitely should've paid for private transportation for my guests, Disney World property is huge. Read on for the most important things to know before planning a Disney wedding. There's truly a Disney wedding venue for everyone, and you don't have to limit yourself to oneThe decor was simple, just like I wanted.
Persons: , Read, There's, Tamu, Epcot's Italy Isola, Willie, it's, Mystee, they're, I've, Tyler Maness, Alice, Hatter, you'll, Smith's, You'll Organizations: Disney, Service, Cinderella, Animal Kingdom, Magic Kingdom, Animal, Floridian, Disney Springs, Blues Locations: Animal Kingdom, Italy, Epcot, Whitehall, Epcot's Italy, Florida, Magic, San Francisco
Bike lanes are good for business
  + stars: | 2024-03-07 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +13 min
Freaked-out business owners have been fighting bike lanes coast to coast, in cities from San Diego to Cambridge, Massachusetts. Rowe compared sales taxes in these “Neighborhood Business Districts” with those in similar districts in the city that didn’t get bike lanes. In one NBD, which replaced car lanes and three parking spots with two bike lanes, sales closely tracked those in the bike-less areas, both in peaks and troughs. Sometimes nothing changed, but more often the areas near bike lanes wound up with more employees and more revenue. It’s the new normal.” All the data in the world may prove that bike lanes are good for business.
Persons: , , Joseph Poirier, Nelson Nygaard, , It’s, I’ve, Kyle Rowe, Rowe, it’s, Poirer, Jenny Liu, Wei Shi, Liu, Poirier, Shi, ” Liu, downtowns, who’s, Larisa Ortiz, ” Poirier, Adam Rogers Organizations: , University of Washington, New York City Department of Transportation, , San, Portland State University, Center for Urban Studies, Portland State, Boston Globe, Automobile, Getty, Business Locations: San Diego, Cambridge , Massachusetts, Los Angeles, Seattle, New York, Brooklyn, Manhattan, Bronx, , San Francisco, there’s, Oregon, Portland, San Francisco , Minneapolis, Memphis, Minneapolis, America’s, downtowns, United States, Chicago ; New York City, Angeles
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