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But all the excitement to get a jump start on Halloween comes as consumers are showing more signs of financial stress. Tricking consumers into treating themselves more“It’s clear that consumers have been interested in buying Halloween products earlier and earlier,” said Champine. Michaels said it started selling Halloween goods in June, the earliest the retailer has ever done so. The initial launch of Halloween goods at Michaels “has been consistently beating our internal expectations,” he added. By selling Halloween goods earlier, they’re likely hoping it’ll decrease the likelihood of having to discount, she added.
Persons: can’t, , Laura Champine, they’re, Joe Feldman, Michaels, ” John Gehre, Michaels “, ” Kelsey Robinson, Lance Allen, , ” Allen, David Zalubowski, they’ve, they’ll, Champine, ” Lowe’s, Feldman Organizations: New, New York CNN, Disney, Walt Disney, Loop, Telsey Advisory, CNN, Costco, Consumer, McKinsey, Labor, Depot Locations: New York, Los Angeles, Sheridan , Colorado, Lowe’s
New York CNN —After a prolonged period of calm, financial markets went into a tailspin this week. One trigger for the selloff was the unraveling of the Japanese yen carry trade. Some investors say there could be more volatility to come, particularly since it’s unclear how much more the yen carry trade could unwind. The carry trade is “enormous. The unwinding of the carry trade and weak labor data came at a delicate time rife with uncertainty for Wall Street.
Persons: Wharton, Jeremy Siegel, Siegel, , Steve Sosnick, Joe Biden, Donald Trump, Dow, Liz Young Thomas Organizations: New, New York CNN, Nikkei, Dow, Nasdaq, Bank of Japan, Companies, Federal Reserve, Investors, CNBC, Interactive Brokers, Markets, Republican, Home Depot, Walmart Locations: New York, Israel, Ukraine, Russia
Bank of America is offering up a selection of stocks to help investors sleep soundly during bouts of market volatility. The picks come on the heels of a roller-coaster week for Wall Street. Here are some of the companies that made the list: Several consumer staples stocks showed up, with the S & P 500 sector up more than 11% this year. PG 1M mountain Shares over the last month Lockheed Martin was another low-beta stock that made the cut. Shares of the aerospace and defense company have rallied more than 21%, outperforming the market year to date.
Persons: Stocks, Savita Subramanian, Gamble, Lockheed Martin Organizations: of America, Wall, Bank of America, Walmart, PepsiCo, Procter, Starbucks, Elliott Management, T Bank, Home Depot, Cisco Systems, Consolidated Edison, New Locations: U.S, China, New York
Opinion | How to Save Disney
  + stars: | 2024-08-09 | by ( Ross Douthat | ) www.nytimes.com   time to read: +1 min
In the feast-or-famine landscape of contemporary cinematic box office, Disney is gorging itself at the high table once again. There are the recent stumbles into culture-war controversy and a related impulse to blame the fans when self-consciously diverse content disappoints commercially. There’s the stagnant stock price, the big layoffs last year and the smaller ones this year. But really, the problems can be summed up in a single sentence: The old stuff still sells, but nobody likes the new stuff. But when it comes to new content and new storytelling, the Mouse is struggling to connect.
Persons: , Hugh Jackman Organizations: Walt Disney Company, ” Marvel, Pixar, Disney, Vox Media
For now, here's what we know — and what we don't know — about stem-cell therapy for knees. Bryan Johnson flew to the Bahamas to get MSC stem cells injected into his knees, hips, and shoulders — for about $16,500 per joint. Plus, even Sampson warns that young donor stem cells should not be seen as a quick fix or a panacea. Done with proper medical oversight, some studies have found no adverse effects from stem-cell treatments for various conditions. Botched stem-cell treatments can cause infection, blindness, and excessive cell growth, which can trigger the formation of tumors.
Persons: , Bryan Johnson, Johnson, hasn't, Josh DeAngelis, Rasul Chaudhry, Chaudhry, Steven Sampson, Chaundhry, Sampson, Peyton Manning, Patrick Smith, George Kittle, Hulk Hogan, TJ Dillashaw, Rafael Nadal, Jack Nicklaus, I've, it's, Paul Knoepfler, he's, It's, Mattias Bernow, we'll, Knoepfler Organizations: Service, Business, MSC, Oakland University, NFL, FDA, UFC, ESPN, CNN, UC Davis School of Medicine Locations: Bahamas, Panama
U.S. stocks have whipsawed since last Friday, with a sharp sell-off followed by a bounce-back on Thursday. This led the S&P 500 to its strongest session since 2022, leaving it around the 5,310 level. The S&P 500 is facing a key test level as the consensus view of a soft landing for the U.S. economy reaches a "make or break" point, according to one strategist. But essentially what that means is a bull trap squeeze, where there's a lot of leveraged, bullish views on [the] back of a consensus soft landing view, which ultimately is now make or break." William described a bull trap as a selling point in which bullish consensus is proven wrong.
Persons: Ron William, CNBC's, William, that's, Ron William's Organizations: Advisory Locations: U.S,
The rally in Bozeman was Trump’s first since Vice President Kamala Harris officially secured the Democratic nomination and selected Minnesota Gov. “We need the Senate,” Trump told the crowd Friday, stressing the critical nature of the contest here. “His really is valor,” Trump said of Sheehy, who served in Iraq and Afghanistan, among other deployments. Trump used the attention to toss a familiar laundry list of attacks against Harris, Walz and Democrats more broadly. “You can imagine if President Trump had to call Chuck Schumer and try to figure out how to get his nominees through,” Daines said.
Persons: Donald Trump, Sen, Jon Tester, Trump’s, Kamala Harris, Tim Walz, ” Trump, Trump, Matt Rosendale, Tim Sheehy, , Ronny Jackson, Jackson, Tester, , Donald Trump’s, , Harris, Walz, Ohio Sen, JD Vance, Vance’s, Vance, I’m, Sheehy, ” Vance, ” Walz, mispronounced Harris, ” “ Kamala, Kamala, she’s, Montana Sen, Steve Daines, Daines, Chuck Schumer, ” Daines, Sherrod Brown’s, CNN’s David Wright Organizations: Montana CNN, GOP, Democratic, Minnesota Gov, Trump, Senate, Navy, Senate Veterans ’ Affairs, White, Veterans Affairs Department, ” New Democratic, Republican, Marine Corps, ABC, Army National Guard, Congress, National Republican Senatorial Committee, Montana Republicans Locations: Bozeman, Montana, Rosendale, Texas, Pennsylvania, Michigan, Wisconsin, Arizona, Iraq, Afghanistan, Florida, Lago, Minnesota, nonjudicial, ” The Montana, Ohio
The decorated Kenyan runner hopes to change that in Paris over the coming days, entering the women’s marathon race as one of the favorites for the title. This will be Obiri’s fourth Games, making her a veteran in the women’s marathon field. Her introduction to marathon running, it’s fair to say, has been a learning curve. “When I go to the race, they [my coaches] told me that the marathon, it’s about being patient, waiting until the last minute,” said Obiri. Ethiopia’s Tigst Assefa, the current world record holder, is also a strong contender for the gold medal.
Persons: Hellen Obiri, Obiri, “ I’m, , you’re, , I’ll, , Peres Jepchirchir, Brigid Kosgei, Sifan Hassan, Ethiopia’s Tigst Assefa Organizations: CNN, Kenyan, CNN Sport, Stade de France, Athletics Club, Boston Marathon, London Marathon Locations: Boston, New York, Paris, Versailles, I’m, Kenya, Boulder , Colorado
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. So what do such wild swings mean for folks who stress about what the stock-market ups and downs mean for their investments? Advertisement"In fact, it's what we all sign up for when investing in the stock market," he said, adding that, on average, the stock market loses money once every four years and that you could even expect swings of more than 14%. He added: "Selling is literally the only way that you can turn a temporary decline into a permanent loss."
Persons: , Dow, Gideon Drucker, Aswath Damodaran, Drucker Organizations: Service, Nasdaq, Business, Drucker Wealth, New York University
Today’s solar panels that use silicon cells, by comparison, typically covert up to 22% of sunlight into power. Another important factor fueling solar’s rise is its growing efficiency in converting the sun’s energy. But Wang noted that the research group is not advocating for the end of solar farms. “I wouldn’t say we want to eliminate solar farms because obviously we need lots of areas or surfaces to generate sufficient amount of solar energy,” he told CNN. Some coatings in lab settings have dissolved or broken down over short periods of time, so are regarded as less durable than today’s solar panels.
Persons: aren’t, Junke Wang, Martin Small, Wood Mackenzie, Wang, , Henry Snaith, Snaith Organizations: CNN, Oxford, Oxford University's Physics, Oxford University Physics Locations: Germany
However, just because baking soda is produced from natural ingredients doesn’t mean it’s safe to ingest without regulation, she added. The primary way baking soda could be helpful for issues such as acid reflux is by neutralizing acid. There has also been some evidence to suggest baking soda may also slow the progression of kidney disease. Fitness studies have typically dosed within the range of 0.2 to 0.5 grams of baking soda per kilogram of body weight — meaning a person weighing about 59 kilograms, or 130 pounds, might use around a tablespoon of baking soda at a minimum. Baking soda supplementation isn’t the only way to alleviate acid-induced health problems.
Persons: they’ve, , Frances Largeman, Roth, ” Largeman, Grace Derocha, Derocha, Tamara Hew, Butler, ” Hew, Paul O’Connor, we’ve, ” O’Connor, , O’Connor Organizations: CNN, Academy of Nutrition, Wayne State University, International Society of Sports Nutrition, Medical College of Georgia, Augusta University, American, of Medicine Locations: Detroit, Georgia
DuPont's water business DuPont is considered a leader in purification and specialty-separation technologies that generates cleaner water for industries, governments, and communities. Arun Viswanathan, analyst at RBC Capital Markets, characterizes Dupont's water business' next-generation products as being "at the top of the technology pyramid." Dupont's water business is the smallest of the three companies that will be created by the breakup. As this exercise shows, DuPont's water business as a standalone firm would certainly deserve that compared to some. Potential M & A It's possible DuPont's water business never makes it to standalone status.
Persons: we've, Jim Cramer, It's, Lori Koch, it's, Aleksey Yefremov, Arun Viswanathan, Viswanathan, Dupont, RBC's Viswanathan, DuPont, KeyBank's Yefremov, EBITDA, Pentair, Veralto, Yefremov, They'll, they'll, , Koch, Ed Breen, Jim Cramer's, Jim, Jeff Fusco Organizations: DuPont, CNBC, JPMorgan, Bank, Barclays, RBC Capital Markets Locations: China, North America, Asia, East, Africa, America, Yefremov, Wilmington , Delaware
Doug, 68, has worked for the last 40 years as a computer consultant — the last three from his sailboat traversing Europe. They now live on their boat on the French Riviera, which Doug said is cheaper than living in the US. He decided to buy a sailboat and sailed to Fort Lauderdale shortly after 9/11, where Doug continued to work with Fortune 500 clients. Settling on the French RivieraThey sailed for France the following April, stopping in countries such as Malta and Tunisia. Six months later, they settled in Port Grimaud on the French Riviera, where they paid $15,000 a year in marina costs in "rent."
Persons: He's, Doug, he's, We'll, we're Organizations: Service, Business, Michelin, Fortune, America, Port Montenegro Locations: California , Texas , Indiana, Massachusetts, Provence, Italy, Boston, California, Dallas, Indianapolis, Maine, New England, Fort Lauderdale, Florida, Caribbean, Europe, South America, Genoa, Dubrovnik, Croatia, Corsica, France, Elba, Sardinia, Sicily, Bari, London, Istanbul, Vienna, Budapest, Hungary, Port, Tivat, Montenegro, Cairo, Athens, Greece, Malta, Tunisia, Port Grimaud, Grimaud, Saint, Majorca, Spain, Lisbon, Portugal, Beijing, Shanghai, Xian, China
Former Hells Angels chapter president Pat Matter breaks down biker gang scenes in movies and television, such as "Sons of Anarchy," for realism. Matter discusses life during and after joining the Hells Angels, such as the initiation ceremony for a prospect in "Hells Angels on Wheels," starring Jack Nicholson; the role of women in outlaw motorcycle clubs in "Yellowstone" S3E4 (2020); and the plausibility of law enforcement going undercover to infiltrate outlaw motorcycle clubs in "Beyond the Law," with Charlie Sheen. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Pat Matter, Angel —, Robert De Niro, Austin Butler, Tom Hardy, S2E1, Jack Nicholson, Charlie Sheen Organizations: Hells Angels, Outlaws, Business
After 2 seasons under the radar, 'Industry' is poised for its breakout seasonHarper (Myha'la) has a new role in season three of "Industry." With the "Summer of the Finance Bro" in full swing, could this be the season "Industry" finally cuts through the noise? AdvertisementWorking in finance didn't prepare the 'Industry' cocreators for running a TV setMickey Down and Konrad Kay on the set of "Industry" season three. But they were delighted to hear from some cast and crew members who told them how much they enjoyed working on season three. "I really credit finance with pushing me towards it, because it's the polar opposite of finance in some respects," Down says.
Persons: , Mickey Down, I'm, Harper, Simon Ridgway, Konrad Kay, thrums, Bro, Kay, didn't, Jami O'Brien, They're, Yasmin, Marisa Abela, inflicts, Indy Lewis, Kenny, Conor MacNeill, Henry Muck, Kit Harington, intertwines, HBO Rich, you'd, who's, Jamie O'Brien Organizations: Service, Business, HBO, Rotten, Venetia Locations: London
To prove its potential, a team in Les Sables-d'Olonne, France is building a hydrogen-powered aircraft, which aims to be the first to circumnavigate the globe. It goes by the name Climate Impulse. So why did the Climate Impulse team decide on hydrogen fuel for the project? The team's aim is for Climate Impulse to attempt its round-the-world flight in 2028, with testing starting in 2026. Watch the video above for a behind-the-scenes look at the Climate Impulse project.
Persons: Bertrand Piccard, Piccard Organizations: defeatism, CNBC Tech Locations: Les, d'Olonne, France, Swiss
My next home was in Seoul, for two years, followed by a decade in Hong Kong — the one place I truly felt at home. AdvertisementI later moved on to become the managing editor of DRiNK Magazine Asia, while I was simultaneously bartending at The Old Man Hong Kong. The book caught my now-business partner's attention and recently led me to Japan to help open a bar, Tokyo Confidential, in the capital. The language barrier is different when you're living here and not just fumbling along as a tourist. The local and global reception to Tokyo Confidential, our craft cocktail bar, has been amazing, too, especially after so many people told me it wouldn't work.
Persons: , hadn't, Hong Kong's, bartending I'd, wouldn't, they'd, Holly Graham, I'd, Graham, It's Organizations: Service, Business, Magazine, Tokyo, Tokyo Confidential Locations: Thailand, London, Seoul, Hong Kong, bartending, Magazine Asia, Asia, Japan, Tokyo, South Korea
"Beast Games" was part of a celebrity-studded slate Amazon presented at its TV upfronts debut in May. Despite being a dominant spender on entertainment content, Prime Video has faced questions about its popularity with viewers. A second Amazon insider said producers were already talking about making a Fyre Fest-like documentary about "Beast Games." Advertisement"All you do is go through worst-case scenarios and work backwards from there," the second Amazon insider said. But Mike Hopkins, SVP of Prime Video and Amazon MGM Studios, is all over the situation, two Amazon insiders said.
Persons: , Jimmy Donaldson, it's, Jennifer Salke, Jimmy, Salke, Donaldson —, Donaldson, Dave Kotinsky, Burger, Donaldson's, Matthew Hiltzik, couldn't, Puck, Mike Hopkins Organizations: Service, YouTube's, Amazon, Amazon MGM Studios, Business, Beast, New York Times, Times, Prime, Ampere Analysis, Reuters Locations: New Jersey, Vegas
A logo on the headquarters of Hargreaves Lansdown Plc in Bristol, UK, on Thursday, Aug. 8, 2024. LONDON — British investment platform Hargreaves Lansdown said on Friday it had agreed to a takeover offer equivalent to £5.4 billion ($6.9 billion) by a group of investors including CVC Group. Shareholders in Hargreaves Lansdown — the U.K.'s biggest stockbroker — will get 1,110 British pence per share and a dividend of 30 pence per share under the deal, the company said. The news comes after the company in May rejected an offer from the consortium of £4.7 billion, or 985 pence per share. At the time, Hargreaves Lansdown said the bid "substantially" undervalued the company and its prospects.
Persons: Hargreaves Lansdown, Abu, Organizations: LONDON, CVC Group, Nordic Capital Locations: Bristol
Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing legal claims against the company as well as Microsoft. The incident, in which it canceled some 7,000 flights, also meant a $170 million expense “associated with the technology-driven outage and subsequent operational recovery,” the carrier said, adding that its fuel bill will likely be $50 million lower because of the scrubbed flights. Delta struggled more than its competitors to recover from the July 19 outage, which took millions of Windows-based machines offline around the world. The disruptions occurred at the height of the summer travel season, leaving thousands of Delta customers stranded, a rare incident for the carrier that markets itself as a premium carrier that gets top marks for reliability. “Since the incident, our people have returned the operation to an industry-leading position that is consistent with the level of performance our customers expect from Delta.”
Persons: Ed Bastian Organizations: Delta Air Lines, Microsoft, Delta Locations: Atlanta, Delta
After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. And the box office hits aren’t expected to stop there. Disney has long been a box office champion, driving significant ticket sales domestically and globally. In the year before the pandemic, Disney had seven theatrical releases top $1 billion at the box office.
Persons: Disney, ” —, , Paul Dergarabedian, bemoaned, Shawn Robbins, We’re, Bob Iger, Covid lockdowns, Iger, Disney’s, Riley, ” Iger, Wednesday’s, , , America, we’re, Romulus ” “, King, Moana, Robbins, Organizations: Pixar, Disney, Comscore, Star, Marvel, Century Fox, Sony, Star Wars, Lucasfilm Locations: , Comscore, Anaheim , California
Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. Boeing's new CEO, Robert "Kelly" Ortberg. Ortberg’s Day 1 activity is walking the floor of Boeing’s factory in Renton, Washington, where it builds its bestselling but problematic 737 Max. The airline’s CEO hinted at the big feat Ortberg has ahead of him. “We look forward to working with Kelly Ortberg in his efforts to return Boeing to its place as the leading American aerospace company,” CEO Bob Jordan said in a written statement.
Persons: Robert “ Kelly ” Ortberg, Robert " Kelly, Ortberg, , Rockwell Collins, Richard Aboulafia, ” Ortberg, Boeing’s, Butch Wilmore, Suni Williams, Ron Epstein, , isn’t, ” Jon Holden, Dave Calhoun, Calhoun, Dennis Muilenburg, Max, Chicago —, Kelly Ortberg, Bob Jordan, , Michael Sheetz Organizations: Boeing, AFP, Getty, Ortberg’s, National Transportation, Air Force One, NASA, SpaceX, International Space, Airbus, Bank of America, International Association of Machinists, Aerospace Workers, Arlington , Virginia —, , Southwest Airlines Locations: U.S, Renton , Washington, Portland , Oregon, , Washington state, Oregon, Arlington , Virginia, Chicago, Seattle, American
Although their population is small compared to other states, Latinos in Minnesota said Tim Walz, Vice President Kamala Harris' pick for running mate, has not overlooked them as governor. About 38% of Minnesota Latinos who voted in 2020 backed Donald Trump, according to NBC News’ exit poll. And state residents without legal status can enroll in Minnesota Care this November and begin getting those health benefits in 2025, she said. Peréz-Vega said she worked with Walz to help get that cap extended to those without legal immigration status who pay federal taxes. He has been a present governor for many Latinos,” Gonzalez said.
Persons: Tim Walz, Kamala Harris, Walz’s, Paul, Donald Trump, Emilia Gonzalez Avalos, Biden, Walz, Gonzalez, ” Gonzalez, don’t, María Isa Peréz, Vega, , John Pacheco, Carlos Odio, Odio, Trump, J.D, Vance, Pacheco, ” Pacheco, he's, Rick Aguilar, , Aguilar, UnidosMN Organizations: Democratic, Midwest, Minnesota, NBC, Unidos, Hub, Minnesota Office, Higher Education, Democrat, Mankato ., Chamber, Commerce of, Equis Research, Hispanic Republican, of, Walmart, Independence, Mercado Central Locations: Minnesota, St, Arizona, Nevada, Pennsylvania, Georgia, Puerto Rico, El Salvador, Guatemala, Ecuador, Colombia, Venezuela, Puerto Rican, Mankato, Mankato . Mankato, U.S, Commerce of Minnesota, of Minnesota, Minneapolis
The Summary Cases of Valley fever, a fungal infection, have been climbing in California in recent years. An outbreak of Valley fever among attendees and workers at an outdoor music festival in California’s Central Valley highlights the fungal infection’s mounting threat. As climate change creates more opportunities for it to proliferate, Valley fever cases have been climbing in California. He said he suspected Valley fever, since he had heard reports that some festivalgoers had gotten infected in past years, but he was initially diagnosed with pneumonia. “We live in a high endemic area for Valley fever, so anybody who’s visiting, who lives in these areas, is at risk,” she said.
Persons: , , Eric Mattson, San Luis Obispo, sweats, Mattson, coccidioides, Geetha Sivasubramanian, Sivasubramanian, Arturo Casadevall, Casadevall, you’ve Organizations: California Department of Public Health, NBC, San, UCSF, Centers for Disease Control, Johns Hopkins Bloomberg School of Public Health, Locations: California, Bakersfield, San Luis, Arizona, San Joaquin County, San Joaquin Valley, UCSF Fresno, Kansas, Oklahoma, Kern County
The flooding happens because a smaller glacier near Mendenhall Glacier had retreated — a casualty of the warming climate — and left a basin that fills with rainwater and snowmelt each spring and summer. When the water creates enough pressure, it forces its way under or around the ice dam created by the Mendenhall Glacier and enters Mendenhall Lake and eventually the Mendenhall River, as it did this week. On Wednesday, piles of garbage bags and other items — wood, boxes, sodden insulation and carpeting — dotted the curbs. The city said the water reached some homes outside expected flood areas. Her dad woke her up hours later via FaceTime and alerted her to rising water outside.
Persons: Mendenhall, Eran Hood, Sean Maguire, , Hood, Marc Lester, Alyssa Fischer Organizations: University of Alaska, Anchorage Daily, AP, nchorage Daily, AP Juneau Locations: Mendenhall, Juneau, U.S, Alaska, FaceTime
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