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☆ Credit Cards Are Smarter: Better Fraud Detection, No Travel Alerts
▼ + stars: | 2024-05-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

I don't know how JPMorgan Chase knew that I would spend $200 on Botox in Argentina, but it did. It's great that banks and credit-card companies are getting better at discerning which payments are fraudulent and which are legit. Credit-card fraud protection is still far from perfect, but there's no denying that the technology is improving. So I reached out to some credit-card companies and academics to learn more. But it's cool that companies really are making fraud detection better, especially in a world where fraudsters themselves are constantly getting better.

Persons: JPMorgan Chase, it's, Nilson, We've, that's, Tina Eide, Eide, Mike Lemberger, they've, Lemberger, here's, Yann, Aël Le Borgne, Gianluca Bontempi, Bontempi, I'd, Le Borgne, somebody's, Emily Stewart Organizations: Citibank, JPMorgan, Federal Trade Commission, American Express, Netflix, Libre de Bruxelles, Companies, Visa, Citi, Business Locations: California, Buenos Aires, Botox, Argentina, North America, Belgium, Lemberger

☆ Scammers are using delivery apps like Instacart to swindle customers and delivery workers out of money
▼ + stars: | 2024-05-11 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewSome Instacart shoppers are the targets of a scam centered on gift cards. "Within 30 seconds, I got a message about buying the Vanilla Visa gift card," she said. Instacart forbids shoppers from adding gift cards to orders, a screenshot of the company policy seen by BI indicates. "Customers are not able to order gift cards through the Instacart platform or place a special request for a gift card via chat," an Instacart spokesperson told BI. AdvertisementInstacart also tells shoppers not to purchase gift cards for customers, the spokesperson added.

Persons: —, they've, Instacart, Jim, itsjwest, Heidi Bleau, Bleau Organizations: Service, Business, Walgreens, BI Locations: Massachusetts, cologne

☆ A couple who moved 15 times in 25 years says Taiwan was the best place for their finances but moving so often took a toll
▼ + stars: | 2024-05-11 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Read previewBecky Martin and her husband, Craig Schmidt, recently set a record as a couple: They've lived in the same place for nearly five years. In the roughly 25 years they've been together, they've moved 15 different times across Canada and Taiwan, Martin, 45, told Business Insider via email. An old college roommate of Martin's had moved to Taiwan and recommended she do the same to take advantage of the country's lower cost-of-living. Several moves and over two decades later, Martin said relocating so often took a significant toll on their finances. Moving to Taiwan was great for their finances — but came with downsidesMoving to Taiwan helped the couple pay off debt, but being far from Canada came with some challenges.

Persons: —, Becky Martin, Craig Schmidt, They've, they've, Martin, It's, Martin's, they're, Schmidt, Becky Martin Martin, Kitchener, Craig Organizations: Service, Business Locations: Canada, Taiwan, Burlington , Ontario, Asia, Stratford , Ontario, Kitchener, Toronto, Japan, South Korea, Singapore, China, Philippines, Thailand, Vietnam, Malaysia, India

☆ Connecticut takes aim at the college affordability crisis — 'We're trying to do everything we can,' governor says
▼ + stars: | 2024-05-11 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Hartford, Connecticut Sean Pavone | Istock | Getty ImagesWhen it comes to improving access to higher education, each state is largely left to its own devices. Connecticut, for example, recently rolled out several programs to establish pathways to college and lower the debt burden. Free college program"We're trying to do everything we can to make education less expensive to start with," Lamont said. Like a growing number of states, Connecticut recently introduced a free tuition program for students attending community college either full- or part-time. In Connecticut, students receive "last-dollar" scholarships, meaning the program pays for whatever tuition and fees are left after federal aid and other grants are applied.

Persons: Hartford , Connecticut Sean Pavone, Anthony Carnevale, Ned Lamont, Here's, Lamont, Joe Biden, Terrence Cheng, Sandy Baum, Baum Organizations: Istock, Georgetown's Center, Education, Workforce, CNBC, Free, Finance, Harvard, State Colleges, Urban Institute's Center Locations: Hartford , Connecticut, Connecticut, , Connecticut

☆ He left his desk job in the US to run a food stall in Hong Kong. He earns more now — but plans to walk away from it soon.
▼ + stars: | 2024-05-10 | by ( Faye Bradley | ) www.businessinsider.com time to read: +9 min

Toby To Yan Choi left his accounting job in California to help his father run a food stall in Hong Kong. Dai pai dongs — Hong Kong's open-air stalls serving food with a no-frills approach — are disappearing. The number of dai pai dongs in all of Hong Kong has dwindled to just over 20, according to the Hong Kong Tourism Board. The braised white pepper pork hock is one of the signature dishes at Dai Lee Dai Pai Dong. AdvertisementHe's gotten married since moving to Hong Kong and plans to move back to the US if he and his wife have kids.

Persons: Toby, Yan Choi, Dai pai dongs, —, Santa Barbara, Choi, Dai Lee Dai Pai Dong, pai, Hong Kong, He's, Hong Kong Dai pai dongs, Hong, sizzling woks, Agnes Chee Yan, Wei, pai dongs, Tiffany Leung, Faye Bradley, wasn't, Shawn Cai, Law Chun Chuen, Dai Lee Dai Pai, Yan Choi There's, they've, Tony Lee, Mok Wah Ho, Ales, Yan Choi He's, Betty Richardson, dongs, Chee, I'm Organizations: Service, University of California, Kong's, Hong Kong Tourism Board, China Morning Post, Young Locations: California, Hong Kong, Santa, Hong, Sham Shui, Sham, China, Shanghai

☆ A new crop of startups wants to help solve loneliness among millennials and Gen Z. Here's how they're connecting strangers and making money.
▼ + stars: | 2024-05-10 | by ( Lauren Johnson | Sydney Bradley | ) www.businessinsider.com time to read: +10 min

Plus, the pandemic and the shift to working from home have made millennials and Gen Z lonelier than ever, thanks in part to doomscrolling. "I believe the conventional 'make friends' apps too closely mimic the dating model, which can feel awkward and high-pressure for making friends," he said. The group hosts "reading parties" at bars and event spaces with the goal of helping people connect through reading. Dinner With Friends, a group that throws dinner parties, has worked on sponsored events with brands like Bumble and Geneva. Dinner With Friends founder Anita Michaud said brands typically either sponsor entire dinners or provide products — like canned cocktails — for the dinner parties.

Persons: —, they've, Danial Hashemi, Sydney, Z, millennials, Cliff Lerner, Lisa Oreshkina, Saneblidze, Tom Worchester, Andreessen Horowitz, Victor Pontis, Luma, Liz Chick, Gen, Mira Hobbs, ReCreate's Chick, Anita Michaud, Peter Boyce II, Boyce, Maitree Mervana Parekh, Marlon Nichols, they're, it's, Ben Bradbury Organizations: Service, Business, Sydney Bradley, Big Tech, Tech, Timeleft, Reading, Facebook, VC, Wine, Bumble, New, Acrew, MaC Venture, Reading Rhythms Locations: New York City, Los Angeles, New York, Brooklyn, Squarespace, Lisbon, Amsterdam, London, San Francisco, Geneva

☆ Most retirees say inflation has them worried they'll outlive their savings, Schroders survey shows
▼ + stars: | 2024-05-10 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

America's retirees are stressed about inflation, with 68% fearing they might outlive their money. A third of retirees worry that financial stress could affect their overall health due to sleep lossSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The survey showed inflation is "taking a toll" on retirees, with 89% worrying about it eroding their assets and 68% fearing they might outlive their money. The Schroders survey also shows that one-third of retirees worry that financial stress could affect their overall health, with 26% experiencing sleep loss due to concerns about their finances.

Persons: —, Schroders, Deb Boyden Organizations: Service, Federal Reserve

☆ The first severe solar storm in 20 years could spark aurora across the US
▼ + stars: | 2024-05-10 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +4 min

Read previewFor the first time in 20 years, NOAA has issued a G4 geomagnetic storm warning. NOAAAnd in the last 24 hours, AR3664 spit out four coronal mass ejections that are now hurtling toward Earth at roughly 560 miles per second, Owens told BI. Even states including Maryland, New York, and Pennsylvania, could catch a glimpse of the aurora low on the horizon, Young told BI. The reality is that we just won't know how bright, active, and wide-reaching the aurora will be until the coronal mass ejections reach Earth's atmosphere. The most extreme estimate of aurora and where they can be seen in the US came from Alex Young.

Persons: —, G4s, They've, Matt Owens, Alex Young, NASA Goddard's, Owens, AR3664, Space.com, Young, they'll, Andrew Gerrard Organizations: Service, NOAA, University of Reading, NASA, NASA Goddard's Heliophysics, Business, Oceanic Atmospheric Administration, Earth, New Jersey Institute of Tech Locations: Montana , North Dakota , Minnesota , Wisconsin, Michigan, Maryland , New York, Pennsylvania

☆ Microsoft is having its iPhone moment
▼ + stars: | 2024-05-10 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Microsoft is on the verge of a major turning point with Copilot, analysts said. Analysts from investment bank Wedbush Securities said in a note on Friday that they believe the tech giant is having its "iPhone moment" in AI. Related storiesFor Microsoft, Copilot might be the driver. AI is on track to change the tech industry forever, and they predict it will continue to push Microsoft cloud products like Azure forward. Microsoft Cloud generated $35.1 billion in revenue in the first quarter — up 23% year-over-year — and Nadella said investing in Copilot is part of the reason.

Persons: —, they've, Satya Nadella, Dan Ives, Nadella Organizations: Microsoft, Service, Wedbush Securities, Apple, Nadella Locations: Copilot

☆ Lucid CEO says Chinese automakers are still 'years and years behind' Elon Musk's Tesla
▼ + stars: | 2024-05-10 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Read previewChinese EV makers are challenging Tesla — but one of the company's rivals still thinks they're years away from overtaking Elon Musk's firm in one respect. Lucid CEO Peter Rawlinson said that despite their success, Chinese automakers are still some distance behind Tesla when it comes to the underlying technology that powers EVs — but warned that they could catch up quickly. Related storiesHowever, Rawlinson warned that Western car makers must not "underestimate" the ability of their Chinese rivals to quickly catch up on core EV technology. After once laughing off Tesla's Chinese rivals, Musk now seems a lot more worried, telling investors that Chinese EVs are likely to "demolish" the competition if trade barriers aren't put in place. The company has slashed prices on its high-end Lucid Air sedan to compete with Tesla, and produced less than 10,000 vehicles last year.

Persons: —, Elon Musk's, Peter Rawlinson, EVs, they're, Tesla, Rawlinson, they've, They're, Warren Buffett Organizations: Service, Elon, Business, Financial Times, Geneva, Tesla, Saudi Public Investment Fund Locations: London, China

☆ The Apple 'crush' ad for the new iPad wasn't bad, actually
▼ + stars: | 2024-05-10 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

But seriously folks ... it's just an iPad ad. AdvertisementThere's been a huge backlash to the ad Apple put out this week to promote its updated iPads. In the ad, a hydraulic press squishes a piano, trumpet, books, paint cans — and then reveals the new iPad Pro. A YouTube channel dedicated to hydraulic press crush videos has more than 9 million followers. Let's say OpenAI made an ad crushing up books, newspapers, and magazines and then revealed the ChatGPT logo.

Persons: Apple, it's, —, There's, Steve wouldn't, Paul Graham, Steve Jobs, Let's, It's, OpenAI, they've Organizations: Service, Apple, YouTube

☆ The US and the West are facing the blowback of sanctions against Russia, economist says
▼ + stars: | 2024-05-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe US miscalculated when it imposed harsh sanctions on Russia, and not only has Vladimir Putin's economy weathered the impact, but the West is facing the negative effects of the economic restrictions it imposed. Food and energy prices have soared since the West imposed sanctions on Russia, he noted partly because Russia is one of the world's largest exporters of oil and grain. Even the US dollar may end up worse off due to sanctions, Rubin said. Russia's trade with China, for instance, has nearly completely phased out the dollar, Russian officials said last year. "Sanctioning the ruble and confiscating a third of the Russian central bank's foreign reserves was supposed to cripple the Russian economy.

Persons: —, Vladimir, Jeff Rubin, " Rubin, crimp, Rubin, Putin Organizations: Service, Business, The Globe, Federal Reserve Board, Bank of Canada Locations: Russia, Ukraine, China, Russian

☆ Starbucks should take a page from McDonald's to get customers back in its stores
▼ + stars: | 2024-05-10 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Financials also did well, with Club stocks Morgan Stanley and Wells Fargo trading at new 52-week highs. Portfolio name Starbucks should take a page out of this book, lowering its price of coffee and food to attract more customers. 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, they've, Lael Brainard, Financials, Morgan Stanley, Wells, McDonald's, Cramer, Jim Cramer's, Jim, Robert Gauthier Organizations: CNBC, University of Michigan Survey, National Economic Council, Club, Bloomberg, Starbucks, Disney, Comcast, Hulu, Jim Cramer's Charitable, McDonalds, Rte, Los Angeles Times, Getty Locations: Wells Fargo, United States, Azusa , CA

☆ New grads may have a harder time landing their dream job, despite a strong labor market — here's why
▼ + stars: | 2024-05-09 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

"The fact remains that the job market has remained more robust and resilient than had been expected," he added. And yet, there are a few things that young adults entering the job market aren't willing to compromise on, especially when it comes to work-life balance. Going forward, however, there may be fewer remote options for those just starting out. Where new grads get the best bang for their buckCompanies with remote work opportunities will allow job seekers to cast a wider net, Salemi said. After years of high inflation, new grads must also contend with elevated food, transportation and housing costs, depending on where they go.

Persons: Mike Segar, Mark Hamrick, Monster, Vicki Salemi, Salemi Organizations: City College of New York, Reuters, Istock, Getty Locations: U.S, Manhattan , New York

☆ The credit-card industry's Hail Mary push to keep charging you bigger late fees
▼ + stars: | 2024-05-09 | by ( Paul Squire | ) www.businessinsider.com time to read: +2 min

Hoping to say goodbye to high credit-card late fees? A judge could side last minute with credit-card companies trying to stop a new cap on fees. AdvertisementCredit-card companies aren't giving up their late fees that easily. In March, the Consumer Financial Protection Bureau announced that the federal government had made a new rule capping credit-card late fees. Despite an election-year push by President Joe Biden to cut down on so-called "junk fees," credit-card companies won't go quietly, she wrote.

Persons: —, they've, wouldn't, Emily Stewart, Joe Biden, Stewart, Matt Schulz Organizations: Service, Consumer Financial, Bureau, CNBC, US Chamber of Commerce Locations: Texas

☆ Staying together for your kids, like Donna and Ed Kelce did, is good — if you do it right, a therapist says. Here's how.
▼ + stars: | 2024-05-09 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

Donna Kelce shared her reasons for delaying her divorce from Ed Kelce. Donna Kelce, mother of football players Jason and Travis Kelce, approached it a little differently. "But there are a lot of ways to have a marriage and a family," Morley said, that don't necessarily require romance or sex. AdvertisementFrom the way Donna and Ed Kelce talk about coming to their choice together, Morley said it shows "they did this with intentionality." Ed Kelce (top row, third from left), Donna Kelce, Jason Kelce, and Taylor Swift watching Travis Kelce play in the 2024 Super Bowl.

Persons: Donna Kelce, Ed Kelce, Jason, Travis Kelce, —, it's, Martha Stewart, Kelce, Stewart, Dr, Isabelle Morley, Morley, Jason Kelce, It's, Donna, they're, Taylor Swift, Tim Nwachukwu Organizations: Service, University of Cincinnati, Bowling Green State University's National, for Family Locations: Boston

☆ Japan not seeking a strong yen but a stable currency, David Roche says
▼ + stars: | 2024-05-09 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Japan is not seeking a strong yen but rather aiming for a relatively stable currency, according to veteran investor David Roche. The Japanese yen has been on a roller coaster ride, with the currency breaking past 160 against the greenback last week — steepest decline in more than three decades. "The Japanese are not aiming at a particularly strong yen. Japan could not "possibly speak to have policy that really results in a strong yen unless they tighten monetary policy," Roche said, adding that it would involve raising interest rates by at least 50 basis points and allowing "unsterilized intervention" of the yen. As far as I can see from the statistics, they've [Bank of Japan] done nothing like that," Roche noted.

Persons: David Roche, Roche, CNBC's Organizations: greenback, Independent, Bank of Japan, Bank of Locations: Japan, Bank of Japan

There was one important distinction, the adult-film star suggested: sex with Trump would make a pretty bad porn movie. "Wow," the porn star responded, pausing briefly, then continuing. "Ms. Daniels," Necheles pursued. "I'm asking you if you know what you meant when you said 'flush the orange turd.' The porn star has taunted Trump on Twitter in the past, calling him an "orange turd" and daring him, "Game on, Tiny."

Persons: —, Daniels, Donald Trump, Trump, Susan Necheles, I'd, Necheles, she's, Michael Cohen, Stormy Daniels, Ms, Susan Hoffinger, Cohen Organizations: Service, Business, Trump, Donald Trump . Manhattan, Twitter, Daniels Locations: Manhattan, Lake Tahoe, Jail

☆ Justin Bieber and Hailey Baldwin's Relationship Timeline
▼ + stars: | 2024-05-09 | by ( Callie Ahlgrim | Palmer Haasch | ) www.businessinsider.com time to read: +29 min

2009: Justin and Hailey met at a fan eventAccording to 234Star.com, Justin and Hailey first met at a fan event (for Justin, not Hailey) in 2009. February 2011: Hailey attended another Bieber Fever eventHailey Baldwin, Justin Bieber, and Steven Baldwin at the 2011 premiere of "Never Say Never." July 2015: Justin and Hailey got matching tattoosA post shared by Justin Bieber (@justinbieber)In the summer of 2015, Justin and Hailey got matching "G" tattoos. May 5, 2018: Hailey attended the Met Gala with Shawn MendesShawn Mendes and Hailey Baldwin at the 2018 Met Gala. October 4, 2019: Hailey starred in Justin's music video for '10,000 Hours'Justin and Hailey Bieber in the "10,000 Hours" music video.

Persons: —, Sara Hendricks, Justin, Hailey, 234Star.com, Stephen Baldwin, Hailey Baldwin, Justin Bieber, Steven Baldwin, Richard Corkery, Kendall Jenner, Selena Gomez, Gomez's, Georgia Veach, Chad Veach, Hillsong Church . Georgia, Chad, Julia Veach, Leonardo DiCaprio's, Bieber, Jason Merritt, Frederick M, Brown, I'm, Vogue, Sofia Richie, Justin unfollowed Hailey, Richie didn't, Selena Gomez Justin Bieber, Stuart Franklin, Christopher Polk, Paola Paulin, Abel Tesfaye, Gomez, Tesfaye, Shawn Mendes Shawn Mendes, Neilson Barnard, Staff Hailey, Shawn Mendes, Mendes, Rich Wilkerson Jr, Jeremy Bieber, Steve Baldwin, Kim Basinger, Alaia, Basinger, Hailey's, Alec Baldwin, What's, Hailey flaunted, Bjorn Iooss, Hailey draping, Grant Mobley, Jack Solow, Solow, James Devaney, Vogue's Rob Haskell, Justin serenaded Hailey, Ricky Vigil, — Hailey, Instagram Justin, Elle, wasn't, Hailey Rhode Bieber, Rhode, It's, Instagram Hailey, Lyme, Hailey Bieber, Dan, Shay, livestream, Ellen DeGeneres, Justin's, Ariana Grande, K, Kevin Mazur, GQ, Jeff Kravitz, Judah Smith, Kennya Baldwin, I've, Ebro, Bauer, Griffin, Kylie Jenner, concertgoers, Kim Kardashian, Kris Jenner, DJ Khaled, Jenner Organizations: Service, Business, Daily, Getty, New, New York City, Vogue, Hillsong Church, Hillsong Church ., Lissencephaly, Weekly, Staff, Hamptons, Twitter, they're, Cosmopolitan, Vogue Mexico, Solow, TMZ, Bureau, London Fashion, Adidas, Stratford Perth Museum, YouTube, Children's, Amazon Studios, Amazon Prime, Chelsea, Nation, Apple, Ebro Darden, Bellocqimages Locations: New York, St, Barts, Instagram, Los Angeles, Miami, Domino, Bahamas, Ireland, New York City, Vogue Mexico, Toronto, London, Buckingham, South Carolina, NYC, Brooklyn, lacy

☆ Critical Role is expanding its nerd empire. One longtime partner is about to be left in the dust.
▼ + stars: | 2024-05-09 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. Now, Critical Role is striking out on its own with the launch of Beacon, an in-house membership service. AdvertisementBeacon essentially gives people what they get with a Twitch subscription — instant access to VODs of their livestreams, but with some additional perks. The $5.99-a-month Beacon membership comes with exclusive access to additional Critical Role programs. Critical Role CEO Travis Willingham added that with "every windfall," the team continues to "purposefully reinvest" in their company to make more content.

Persons: —, Marisha Ray, Ray, Travis Willingham, Matthew Mercer, Twitch Organizations: Service, Business, YouTube, Amazon, Hasbro, Beacon Locations: Twitch, London

☆ Campus protests, FAFSA delays plagued college admissions this year—how it affects incoming students, from college counselors
▼ + stars: | 2024-05-08 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

This year's college admissions cycle is wrapping up, and it's been eventful. Before high school seniors even started submitting applications in the fall, several factors were poised to shake up the admissions season. Separately, college students and administrators' responses to the Israel-Hamas war has brought even greater scrutiny to higher education institutions. And despite issues like the FAFSA delays, some colleges still wanted incoming students to make a decision — and a deposit — by May 1. Durso Finley and Burks Becker shared insights from what they've seen working with students and families throughout this unusual school year.

Persons: it's, Jeffrey Durso Finley, Holly Burks Becker, Durso Finley, Burks Becker Organizations: Federal Student Aid, College, Harvard University, University of Pennsylvania, Columbia University, University of Southern, The Lawrenceville School, CNBC Locations: Israel, University of Southern California, New Jersey

☆ A millennial couple moved from Arizona to China to teach at an international school. The cost of living is much cheaper, though the language barrier is challenging.
▼ + stars: | 2024-05-08 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

His wife, a teacher, had been to China before and realized she could get a visa to teach at an international school there and bring Scott along. The school that hired her also hired Scott, and the two put their lives in the US on hold and relocated to China. His wife got a job as a teacher at an international school, and the two moved to China on her visa. Related storiesBefore moving to China, the couple paid $1,900 a month in rent in Arizona. He said their internet bill was $130 a month, their cellphone bill was $70, and their electricity bill was $100.

Persons: Scott Vleeschouwer, weren't, Scott, Vleeschouwer, it's, they've, China Vleeschouwer, DiDi —, He's, they're Organizations: Service, China's, Business Locations: China, Shenzhen, Maryland, Roanoke , Virginia, San Antonio, Phoenix, Mexico, Beijing, Shanghai, India, Hong Kong, Philippines, Indonesia, Kenya, Southeast Asia, Arizona, They've

☆ Applebee's owner Dine Brands wants to steal fast-food customers with its deals
▼ + stars: | 2024-05-08 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Applebee's and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. The company reported first-quarter earnings that fell short of Wall Street's estimates, and both Applebee's and IHOP's same-store sales shrank more than expected. As Applebee's leans into value with a slate of promotions that includes the return of Dollaritas, Dine Brands CEO John Peyton is confident that the chain can beat out the fast-food chains vying for its customers. Applebee's isn't the only casual-dining chain taking aim at McDonald's and the rest of the fast-food category. "It's top of mind for so many people, and it's because they've grown up with Applebee's," Peyton said.

Persons: Dine, Applebee's, John Peyton, Burger, Peyton, Chris Kempczinski, Peyton Manning, Tom Brady, Beyonce Organizations: Dine Brands, CNBC, Peyton, Brinker International

☆ People are going crazy over how this self-checkout pronounces 'organic bananas'
▼ + stars: | 2024-05-08 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +3 min

TikTok users are reveling in how a Stop & Shop self-checkout pronounces "organic bananas." AdvertisementThe robotic voice of a Stop & Shop self-checkout has the internet cracking up in how it pronounces "organic bananas." The company even commented on the video, saying: "We just feel really passionately about ~organic bananas~." The comments on the organic bananas video spurred the user to post more TikToks of the self-checkout pronouncing different products. "Organic bananas" has, at least, provided some respite from self-checkout security and given social media users a laugh.

Persons: —, Everett, bok choy, They've Organizations: Service, Business

☆ The US needs immigrants to fill jobs, but can't house them. Nowhere makes this more clear than New York City.
▼ + stars: | 2024-05-08 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

An influx of over 175,000 migrants in New York City has further exposed the city's housing crisis. AdvertisementNo country in the world attracts more immigrants than the US — and no place symbolizes this better than New York City. Pushing migrants out of sheltersNew York City has managed to absorb much larger influxes of immigrants in the past. The New York City comptroller's office says the Adams administration is intentionally making life more difficult for asylum-seekers as a way to force them out of the city. "It is just a system that is meant to really discourage people from getting help from the city and from exercising their rights that they have as residents of New York City."

Persons: Eric Adams, —, It's, it's, aren't, He's, who've, Elon Musk, Selcuk Acar, Susan Pozo, Pozo, Goldman Sachs, Adams, Celeste Hornbach, they've, they're, Sam Stanton, Hornbach Organizations: Service, New, New York City, Getty, Immigrants, Western Michigan University, Goldman Locations: New York City, Southern, New York, York, stoke, New

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