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Search resuls for: "Jordan Valinsky"


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☆ WWE is combining with Endeavor Group's UFC to form a new company
  + stars: | 2023-04-03 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +4 min
New York CNN —World Wrestling Entertainment is merging with Endeavor Group, the parent company of competitor UFC, to form a new publicly traded company. The deal values the newly combined company at over $21 billion: UFC is worth $12.1 billion and WWE is valued at $9.3 billion. Endeavor shareholders will own 51% of the newly combined company, while WWE shareholders are getting 49%. Vince McMahon will retain his current WWE title of executive chairman at the new company, which doesn’t yet have name. Endeavor, which also owns Hollywood’s biggest talent agency William Morris Endeavor, became the outright owner of the UFC in 2021.
☆ WWE sells itself to UFC
  + stars: | 2023-04-03 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
The deal values the newly combined company at over $21 billion: UFC is worth $12.1 billion and WWE is valued at $9.3 billion. Endeavor shareholders will own 51% of the newly combined company, while WWE shareholders are getting 49%. Endeavor, which also owns Hollywood’s biggest talent agency William Morris Endeavor, became the outright owner of the UFC in 2021. Following his departure, WWE disclosed multiple expenses that Vince McMahon hadn’t previously reported, totaling $19.6 million. The WWE made more than $1.29 billion in revenue in 2022 and its shares up more than 30% for the year.
☆ Southwest releases an ‘action plan’ to prevent another operational nightmare
  + stars: | 2023-03-31 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ Cup Noodles' new ramen tastes like a 'classic diner breakfast in a cup'
  + stars: | 2023-03-29 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +4 min
New York CNN —The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. Aptly titled “Cup Noodles Breakfast,” the meal takes four minutes to cook in the microwave and results in a soup-based ramen that also contains “visible ingredients” of sausage and eggs. "Cup Noodles Breakfast" is on sale at Walmart. The company’s research discovered that eggs, sausage and pancakes were the picks to create the best breakfast combination. Breakfast ramen is Cup Noodles second limited time offering, following the sale of pumpkin spice ramen last fall.
☆ Wendy’s is selling a former McDonald’s fan-favorite item
  + stars: | 2023-03-23 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —Fans who are missing McDonald’s “Snack Wraps” can soon get their fix at a rival. Beginning Tuesday, in a move that could attract customers clamoring for the return of the fan-favorite food, Wendy’s is adding a new grilled chicken ranch wrap to its menu. Wendy’s wrap is slightly different from McDonald’s version, because the chain “didn’t want to mess around with a McBland snack wrap dupe,” said Carl Loredo, Wendy’s global chief marketing officer. He told CNN that grilled chicken is used in place of crispy chicken that was in McDonald’s wrap, because he said Wendy’s fans are looking for “lighter and more portable menu items.”Wendy's is selling a McDonald's Snack Wrap of their own. So, selling a beloved menu item could prove to be an advantage for Wendy’s against its much larger competitor.
☆ Grindr to distribute free home HIV tests
  + stars: | 2023-03-22 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ Why American whiskey is the real winner of St. Patrick’s Day
  + stars: | 2023-03-17 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —On St. Patrick’s Day, it might seem appropriate to knock back a shot of Jameson Irish Whiskey. “Spirits consumers appreciate the rich heritage, tradition and authenticity of American whiskey,” Lisa Hawkins​, senior vice president for public affairs for DISCUS, told CNN. Another factor in the growth of the American whiskey market is small distilleries that are becoming attractions themselves, where people can sample the whiskey and see how it is made. “These unique experiences have helped to introduce more consumers to American whiskey and build excitement for both legacy and newer brands in the category,” Hawkins said. American whiskey is the most popular top spirit to be exported, with the European Union being its biggest market.
☆ YouTube TV is getting more expensive
  + stars: | 2023-03-17 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ Silicon Valley Bank’s former parent company has filed for bankruptcy protection
  + stars: | 2023-03-17 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ Dunkin' is retiring the Dunkaccino, a fan-favorite drink
  + stars: | 2023-03-16 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ Kellogg has a new name for its snack spinoff: 'Kellanova'
  + stars: | 2023-03-15 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —Kellogg has picked a name for its new spinoff companies. As for “WK Kellogg Co.,” well, that’s a little more straight forward because its named after company founder William Keith Kellogg. Employees helped decide the names, Kellogg (K) said. Kellogg (K)” and others that included a variation of the word “nova.”Despite the silly sounding results, landing on a spinoff name is harder than it looks. Kellanova is using the NYSE ticker symbol “K,” while ticker and exchange information about “WK Kellogg Co.” will be announced in the coming months.
☆ McCormick's red-cap bottles are getting a makeover
  + stars: | 2023-03-14 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —McCormick, the top-selling maker of seasonings and spices, is giving its iconic red-cap bottles their first makeover in more than 40 years. Shoppers will soon see newly designed bottles that feature updated labeling and a new “snap” cap that the company says keeps spices and seasonings fresher compared to its previous design. McCormick’s new sleeker bottles, which have already begun rolling out in the United States, will first contain its most popular herbs and spices, including cinnamon, garlic powder and crushed red pepper. The inside is getting a makeover, too. “This is a winning proposition from top to bottom and we have tons of consumer research to validate that,” she said.
☆ SunnyD is being turned into a boozy beverage
  + stars: | 2023-03-10 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —SunnyD, the flavorful orange drink chugged from childhood by millennials, is embracing one of its more collegial cocktail combinations. There’s now a vodka seltzer version of the drink that was created because of “popular demand,” the brand said. SunnyD Vodka Seltzer becomes the latest entrant into the canned cocktail craze that has customers thirsting for flavor-packed adult beverages over their malt-based seltzer siblings. The vodka seltzer is 4.5 percent alcohol by volume, has 0 grams of sugar and only 95 calories. SunnyD was sold to Harvest Hill Beverage Company in 2017, the privately owned manufacturer of Juicy Juice, with sales of the orange drink growing more than 30% since 2019.
☆ GM employees are ‘strongly encouraged’ to consider its voluntary separation program
  + stars: | 2023-03-09 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
The voluntary separation program will be offered to all US salaried employees with at least five years of service and global executives that have been with the company for at least two years, a GM spokesperson told CNN. In a statement, the company said that employees are “strongly encouraged to consider” the program. A person familiar with the plans told CNN that those job cuts would affect a few hundred white-collar employees globally. GM has 167,000 employees globally, with 124,000 in North America. GM (GM) has said it will invest $35 billion between now and 2025 in the shift to EVs.
☆ Bud Light Seltzer wants to remind people it doesn’t actually contain any beer
  + stars: | 2023-03-07 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +4 min
New York CNN —Bud Light Seltzer has a problem: People still think there’s beer in the spiked seltzer. “We launched Bud Light Seltzer with the Bud Light name in 2020 because it came with immediate benefits in terms of recognizability and distribution,” he said. From Bud Light Seltzer/YouTubeTo that end, Bud Light Seltzer is rolling out a new, year-long ad campaign with the slogan “100% Hard Seltzer, 0% Beer.” The debut TV spot shows a Bud Light Seltzer delivery truck rolling through a brown-colored desert with colorful bubbles floating through the back. In one ad shown during the 2020 Super Bowl, Bud Light Seltzer enlisted rapper Post Malone and showed the inside of his brain trying to decide to either buy Bud Light or Bud Light Seltzer from a convenience store. Sales of Bud Light Seltzer have fallen about 24% last year, the firm said, which is worse than the seltzer category on average, which fell nearly 15%.
☆ Hoda Kotb returns to ‘Today’ after daughter’s illness forced a two-week absence
  + stars: | 2023-03-06 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ Disneyland removes controversial ‘zip-a-dee-doo-dah’ lyric from its parade
  + stars: | 2023-03-03 | by ( Jordan Valinsky Natasha Chen | Jordan Valinsky | Natasha Chen | ) edition.cnn.com   time to read: +2 min
New York CNN —Disneyland has removed the “zip-a-dee-doo-dah” lyric played during its park parades because it comes from a movie that has been criticized for racist portrayals of Black Americans. The lyric initially appeared in the “Magic Happens” parade when it debuted in March 2020. The song “Zip-a-dee-doo-dah” originated in the 1946 film “Song of the South” that has long been criticized for stereotypes of “spiritual” Black men and its seemingly nostalgic view of the antebellum South. Disneyland officials told the OC Register in 2020 that the removal of the “Zip-A-Dee-Doo-Dah” song from the theme park resort is part of a continuous process to deliver an environment that features stories that are relevant and inclusive. “Song of the South” is so controversial that Disney has locked it away for decades and even kept it off the extensive library of Disney+.
☆ Elizabeth Holmes wants to delay her 11-year prison sentence
  + stars: | 2023-03-02 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —Elizabeth Holmes, the former CEO of Theranos convicted of defrauding investors, is seeking to delay the start of her 11-year prison sentence because she has “two very young children” to be with. The court filing last week represents the first public acknowledgment that Holmes gave has given birth to her second child. Her lawyers laid out several reasons to delay the prison sentence pending an appeal of her conviction, arguing that she’s not a flight risk or a danger to the community. Last year, Holmes was sentenced to more than 11 years in prison for defrauding investors while running the failed blood testing startup Theranos. Instead, Theranos was relying on third-party manufactured devices from traditional blood testing companies.
☆ The 5 airplane near crashes under investigation
  + stars: | 2023-03-01 | by ( Gregory Wallace Pete Muntean Jordan Valinsky | Gregory Wallace | Pete Muntean | ) edition.cnn.com   time to read: +6 min
“The Learjet pilot read back the instructions clearly but began a takeoff roll instead,” the FAA said in a statement. The NTSB says neither airplane was damaged and nobody on board was hurt. The FedEx plane, meanwhile, climbed as its crew aborted their landing to help avoid a collision, the FAA said. Air traffic controllers had “noticed another aircraft crossing the runway in front of the departing jetliner,” the FAA said in a statement. Audio recordings detail swift action by an air traffic controller kept the airplanes from colliding as they drew closer.
☆ KFC is bringing back a fan favorite after a nearly 10-year hiatus
  + stars: | 2023-03-01 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ High Noon, the top-selling canned cocktail, is expanding beyond vodka
  + stars: | 2023-03-01 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —As sales of canned cocktails and of tequila soar, High Noon is looking to capitalize on that combo. High Noon Tequila Seltzer hits shelves Wednesday in the United States and will be sold in an 8-pack containing four flavors (lime, grapefruit, passionfruit and strawberry) for a suggested retail price of $21.99. High Noon Tequila Seltzer hits shelves on Wednesday. Or course, High Noon Tequila Seltzer isn’t the first tequila-based premixed cocktail. Gallo jumped on the canned cocktail craze in 2019 with High Noon, a vodka base mixed with several types juice including lime, lemon and mango.
☆ Entenmann’s is bringing back its see-through packaging
  + stars: | 2023-02-28 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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☆ Target had a surprisingly good quarter because of discounts
  + stars: | 2023-02-28 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +1 min
New York CNN —Target’s decision to cut prices to boost sales has paid off. The retailer’s holiday-quarter sales at stores open at least a year rose nearly 1% compared to same period in 2021. That came in well above analysts’ expectations: Wall Street had expected sales to slip. Partnerships, include a holiday-themed one with UK retailer Marks and Spencer, were also a hit with shoppers, it said. Shares of Target (TGT) rose more than 5% in premarket trading.
☆ Elon Musk tweets support for ‘Dilbert’ creator after racist tirade
  + stars: | 2023-02-27 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —Elon Musk defended “Dilbert” creator Scott Adams after hundreds of newspapers stopped printing the comic strip because of Adams’ recent racist comments. Last week, Adams called Black Americans a “hate group” and suggested that White people should “get the hell away” from them. “Maybe they can try not being racist.”Musk later agreed with a tweet saying Adams’ comments “weren’t good” but had an “element of truth” to them. Hate speech on TwitterThe Twitter CEO’s comments come amid an influx of hate speech on his platform. The Center for Countering Digital Hate and the Anti-Defamation League both said in recent reports that the volume of hate speech on Twitter has grown dramatically under Musk’s stewardship.
☆ Molson Coors must stop saying rival beers taste like water, regulator says
  + stars: | 2023-02-24 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: 1 min
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