DIRS.INFO The most relevant business & tech news

CNBC embedded with teams from HSI and California Highway Patrol to witness four organized retail crime operations for this investigation. CNBCAt the bottom of organized retail crime rings are boosters — the people who go into stores and take the items. A bin filled with sparkly silver boots that police suspect an alleged San Jose, California, crime ring stole from T.J. Maxx. In a statement, a TJX spokesperson said the company is "thankful" for CHP's efforts and is taking organized retail crime "very seriously." Court records filed in connection with the case provide a rare glimpse into the inner workings of an alleged organized retail crime ring.

Persons: Michelle Mack, Mack, Michelle Mack's, Louis Vuitton, Adam Parks, they've, Parks, HSI, It's, Joaquin, El, Guzman, Scott Robles, Robles, moisturizer, Allegra, Maxx, Gabrielle Fonrouge, Manny Nevarez, TJX, Michael Ball, Diego, Donna Washburn, Washburn, Mack —, we'll, Charlotte, Estee Lauder, masterminding, Rob Bonta, Kenneth Mack, Bonta, Kimora Lee Gooding texted Michelle Mack, Jan, Gooding, Andrew Barclay, Scott, let's, Kenneth Mack texted Michelle Mack, Michelle Mack texted Alina Franco, Sephora, Prada, Ulta's, Dave Kimbell, Kimbell Organizations: Police, CNBC, Patrol, Homeland Security Investigations, Department of Homeland, New, U.S . Custom House, Operation French, Walgreens, New Orleans Public, Federal, Gillette, CHP, TJX Companies, Bay Area, CNBC Police, Flea, Santa, Attorney, Capitol Flea, L'Oreal, Macy's, Body Locations: San Diego, Bonsall , California, California, Washington , Utah , Oregon, Colorado , Arizona , Illinois , Texas, Florida , Pennsylvania, Massachusetts, Ohio, U.S, Baton Rouge , Louisiana, HSI, New Orleans, Orleans, San Jose, Jose , California, Maxx, Bay, Bay Area, San Jose , California, Santa Clara, Washburn, St, Augustine , Florida, Charlotte Tilbury, Prada, LensCrafters

☆ Starbucks is laying off thousands of workers in the Middle East in response to Gaza boycotts
▼ + stars: | 2024-03-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Starbucks’ Middle East franchisee, Alshaya Group, is cutting thousands of jobs at its coffee shops because of a “challenging” work environment as the chain grapples with boycotts over the brand relating to Israel’s war against Hamas in Gaza. Kuwait-based Alshaya has owned rights to operate Starbucks in the Middle East for more than 25 years and operates around 1,300 locations across the region, employing about 11,000 people. Starbucks’ most recent earnings report missed expectations, partially because of weaker sales in the region. Starbucks isn’t alone: McDonald’s said last month that it’s experiencing “meaningful business impact” in the Middle East because of the war. Brands, which owns KFC and Pizza Hut, said its chains’ “sales were impacted by the conflict in the Middle East region with varying degrees of impact,” which dented same-store sales growth in several countries.

Persons: Alshaya, “, ”, McDonald’s Organizations: New, New York CNN, Starbucks, East, Alshaya, CNN, Reuters, Alshaya Group, Brands Locations: New York, Gaza, East, Northern Africa, Kuwait, Western

☆ For years, I dreamed of overwater bungalows in destinations like the Maldives and Tahiti. Then, I found one just a 6-hour flight away in Belize.
▼ + stars: | 2024-03-05 | by ( Monica Humphries | ) www.businessinsider.com time to read: +7 min

I dreamed of overwater bungalows in places like the Maldives but dreaded the long flight there. And I believed the best place to create that experience would be in an overwater bungalow — the epitome of a luxury tropical vacation. Levente Bodo/Getty ImagesThere's a reason overwater bungalows aren't as popular in the CaribbeanOverwater bungalow resorts are more than 55 years old. And Ra'iātea's calm waters made it the ideal place for an overwater bungalow, Kelley said. My first overwater bungalow stay reminded me I don't need to hop on an all-day flight to experience the accommodation.

Persons: —, Levente Bodo, — Jay Carlisle, Hugh Kelley, Donald McCallum —, Hugh Kelley's, Vaihiria Kelley, Kelley, Condé, hasn't, Monica Humphries Organizations: Service, Levente, Muy'Ono Locations: Maldives, Central America, Caribbean, Belize, Tahiti, Polynesia, Moorea, Bali, Ra'iātea, South Pacific, Montego Bay, Jamaica, Aruba, Panama, Antigua, Mexico, St, Lucia, Vincent, Turks, Caicos, Denver , Colorado

☆ Panera is exempt from California's fast-food wage increase. A billionaire franchisee previously donated to Gov. Newsom.
▼ + stars: | 2024-03-01 | by ( Ana Altchek | Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Read previewCalifornia's minimum wage increase from $16 to $20 an hour for fast-food restaurant workers, set to go into effect in April, caused a stir among fast-food chains — but not Panera. He owns 12 Panera locations in California. When asked last year about the bread exemption that baffled many, Newsom said, "That's part of the sausage-making," declining to elaborate further. Flynn, in a conversation with Bloomberg, denied having a hand in the bread exemption. A few smaller brands appear to benefit from the carve-out, including Paris Baguette and Great Harvest Bread Co, Bloomberg reported.

Persons: —, Gavin Newsom, Greg Flynn —, Flynn, Taco Bell, Flynn Group's, Newsom, Panera, Paris Baguette Organizations: Service, Flynn Group, Business, Bloomberg, San Francisco Chronicle, Flynn Properties Inc, US Food and Drug Administration, Co Locations: California, Paris

☆ Beyond Meat plans to hike prices as part of a huge turnaround plan to fight slumping sales of plant-based meat
▼ + stars: | 2024-02-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewBeyond Meat has unveiled details of a massive turnaround plan, including raising the prices of its plant-based meat, as it struggles with slumping sales. Advertisement"This change in strategy does not reflect an abandonment of our long-sought price parity goal," Brown said, referring to the company's goal of making plant-based meat the same price as animal meat. Some products, including those in grocery stores, would barely change in price, Brown said. Misinformation about plant-based meat is 'scaring customers away'Beyond Meat posted net revenues for 2023 were $343.4 million, a decrease of 18% compared to 2022. It attributed declining US sales to weak demand for plant-based products, as well as Beyond Meat offering more discounts.

Persons: —, Ethan Brown, Brown, Lubi Kutua Organizations: Service, Business, Bosh

☆ Wendy’s newest breakfast item is made by another fast-food chain
▼ + stars: | 2024-02-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Wendy’s is sweetening its breakfast lineup with a new treat that comes from an unusual place: Another fast food chain. Also, most Cinnabon locations haven’t yet opened for the day when Wendy’s sells breakfast, which ends at 10:30 am. Perhaps Wendy’s adding cinnamon pull-aparts might entice some dissatisfied customers of McDonald’s, which last year scrapped its McCafé bakery lineup that also included a cinnamon roll. The “Cinnabon Pull-Aparts” are made from sweetened dough that’s dunked in a glaze then baked with cinnamon, brown butter and sugar. The chain previously predicted that breakfast would make 10% of its sales, with figures reaching 8.5% in 2021 before Wendy’s stopped reporting individual sales for the morning menu.

Persons: New York CNN —, Wendy’s, Cinnabon, Jonathan Maze, “, ” Maze, McDonald’s, It’s, ”, John Li, “ Cinnabon, Todd Penegor, it’s, Wendy’s Li, ” Li Organizations: New, New York CNN, Subway, CNN, Culinary Innovation, Bell Locations: New York, Indiana, Kentucky

☆ Unilever’s sales decline in Indonesia because of anti-Israel boycotts
▼ + stars: | 2024-02-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Unilever is the latest company to report a rough fourth quarter because of boycotts against the company over the war in the Middle East. The company, which makes Vaseline, Dove soaps, Rexona deodorant and other household staples, said that sales declined 15% in Indonesia in the last three months of last year. “In Indonesia, we saw double-digit sales decline in the fourth quarter as sales of several multinational companies were impacted by geopolitically focused consumer-facing campaigns,” said Unilever CEO Hein Schumacher in a call Thursday. Other companies made similar statements recently about boycotts in overseas countries. Brands, which owns KFC and Pizza Hut, said its chains’ “sales were impacted by the conflict in the Middle East region with varying degrees of impact,” which dented same-store sales growth in several countries.

Persons: deodorant, ”, Hein Schumacher, McDonald’s Organizations: New, New York CNN, Unilever, Consumers, Brands Locations: New York, Indonesia, Western, Gaza, “

☆ Taco Bell says that low-income customers are still flocking to its restaurants even as other fast-food chains say they're struggling to hold on to them
▼ + stars: | 2024-02-08 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Read previewTaco Bell says that it is still performing well among low-income customers even as other fast-food chains say they're struggling to keep hold of this demographic. Brands, said that the taco and burrito chain's restaurants in low-income trade areas in the US had outperformed the rest of the business. Diners shouldn't expect Taco Bell to raise menu prices as much in 2024, he said. Record numbers of Taco Bell customers ordered digitallyThough Yum! Taco Bell had more than 8,500 restaurants globally by the end of 2023.

Persons: —, Bell, David Gibbs, Gibbs, Taco, it's, McDonald's, Chris Kempczinski, Taco Bell Organizations: Service, Brands, taco, Business, Taco Bell, Bell, KFC, Taco Locations: Bell's, Taco Bell's

☆ Taco Bell and KFC are feeling the pressure from price-conscious consumers
▼ + stars: | 2024-02-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Taco Bell, KFC and Pizza Hut’s parent company is facing the same problem as its rivals: Fast food is getting too expensive and consumers are pushing back. Yum Brands, which owns all three chains, reported Wednesday weaker-than-expected sales in the fourth quarter. Meanwhile, Pizza Hut’s US sales slid 4% in fourth quarter and KFC sales were flat, with both brands’ numbers also coming in below analysts’ expectations. Yum Brands is the third fast food company to report a disappointing earnings report as consumers more closely examine where they’re spending money. That’s putting pressure on lower-income consumers, a vital base for fast food chains.

Persons: Taco, Taco Bell, Pizza, Hut’s Organizations: New, New York CNN, Taco Bell, KFC, Yum Brands, Taco Locations: New York, Israel

☆ A mega restaurant chain is on a mission to get half of China to eat KFC and Pizza Hut by 2026
▼ + stars: | 2024-02-07 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

"Currently serving just one-third of China's population, our ambitious goal is to extend our reach to half of the population by 2026," Yum China CEO Joey Wat said in the company's latest quarterly results report. Yum plans to fuel its growth through restaurants in China's "lower-tier cities," which host over half of the firm's stores, Wat said. That's more than twice the number of KFC restaurants in the US, which has 4,293 stores, though only half of the around 6,750 Pizza Huts in the US. Both restaurant brands also have 470 million members in China, Yum said, though it didn't say if this number accounted for any overlap. "2023 was a pivotal year for Yum China," Wat said.

Persons: —, Joey Wat, Yum, China's COVID, Wat Organizations: Service, China Holdings, Business, KFC Locations: China, China's, Cities, Shanghai, Beijing, Xiamen, Harbin

☆ Stocks making the biggest moves before the bell: Snap, Uber, Chipotle, Alibaba and more
▼ + stars: | 2024-02-07 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Roblox said it lost 52 cents per share, narrower than the 55-cent estimate from analysts polled by LSEG. Yum Brands — Shares slipped 1.3% after the KFC, Taco Bell and Pizza Hut parent reported fourth-quarter earnings and revenue that missed expectations. Uber earned 66 cents per share and saw $9.94 billion in revenue, while analysts polled by LSEG expected 17 cents and $9.76 billion. The company also announced a special dividend of 18 cents per share on top of its regular first-quarter dividend of 15 cents per share. Fortinet beat analyst consensus estimates on both lines in the quarter, pulling attention away from its weak earnings guidance.

Persons: Alibaba, Roblox, Uber, LSEG, Chipotle, Ford, Enphase, Sonos, Fortinet, Walt Disney, Hakyung Kim, Sarah Min, Michelle Fox Organizations: LSEG, Revenue, KFC, Taco Bell, CVS, Enphase Energy, FactSet, Warner Bros, Discovery, Fox, ESPN, Walt Disney Locations: Israel

☆ Stocks making the biggest moves midday: Roblox, Enphase Energy, Snap, Alibaba and more
▼ + stars: | 2024-02-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Adjusted earnings per share for the fourth quarter came in at 54 cents, slightly below the 55 cents expected from analysts polled by FactSet. Yum Brands — The restaurant stock added 3% despite Yum Brands' adjusted earnings and revenue miss for the fourth quarter. Adjusted earnings per share came in at 77 cents, topping the consensus estimate of 62 cents, according to FactSet. The company added about 300,000 net digital-only subscribers quarter over quarter, but advertising revenues came in below the company's guidance. Chipotle Mexican Grill — Shares added 8% a day after the fast-casual restaurant chain reported stronger-than-expected adjusted earnings and revenue.

Persons: Alessandro DiNello, Badri Kothandaraman, Alibaba, Amgen, Chipotle, Sonos, Walt Disney, Walt Disney's, Discovery, Fox, Alex Harring, Brian Evans, Sarah Min, Hakyung Kim Organizations: LSEG, New York Community Bank, Moody's Investors, New, Community, Enphase Energy, FactSet, Revenue, Yum Brands, KFC, Taco Bell, LSEG . Revenue, Leerink Partners, CVS, New York Times, Warner Bros, Discovery, Fox, Walt Disney's ESPN, Walt Disney, Disney, Cirrus Locations: LSEG ., Israel, Alibaba —, FactSet, FactSet .

☆ Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations
▼ + stars: | 2024-02-07 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as KFC, Taco Bell and Pizza Hut all reported weaker-than-expected sales. Pizza Hut reported same-store sales declines of 2%, missing expectations of 0.6% growth. The pizza chain's U.S. same-store sales shrank 4%, while its international same-store sales were flat. The Mexican-inspired chain reported same-store sales growth of 3%, missing StreetAccount estimates of 3.8%. A year earlier, the chain reported same-store sales growth of 11%, fueled by the permanent return of its cult-favorite Mexican Pizza.

Persons: Yum, Taco Bell, David Gibbs Organizations: KFC, Taco, Yum Brands, Taco Bell, Starbucks, LSEG Locations: Taco Bell, Edmonton, Edmonton , Alberta, Canada, Israel

☆ Pizza Hut’s ‘Goodbye Pies’ campaign wants to aid your breakup woes
▼ + stars: | 2024-02-06 | by ( John Towfighi | ) edition.cnn.com time to read: +2 min

Pizza Hut wants you to say goodbye with a Hot Honey pie. Pizza Hut launched its “Goodbye Pies” campaign February 6, which lets customers order free Pizza Hut delivery to the address of an ex-lover. The campaign is centered on the release of new Pizza Hut menu items, including a Hot Honey pizza and Hot Honey wings. The “Goodbye Pies” campaign runs until February 14 and is available in select locations in New York, Miami, and Chicago. Pizza Hut has a history of marketing campaigns aimed at differentiating their brand from competitors like Papa John’s and Domino’s.

Persons: ” Lindsay Morgan, Papa Organizations: CNN, Pizza Locations: GoodbyePies.com, New York, Miami, Chicago

☆ People in California will soon be paying more for Chipotle, McDonald's, and other fast-food
▼ + stars: | 2024-02-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

To compensate for the extra cost of labor, restaurants like McDonald's, Chipotle, and Jack In the Box plan to raise menu prices at their California stores. AdvertisementIn an October earnings call, McDonald's CEO Chris Kempczinski said that menu prices would increase in California, but didn't say which items or by how much. Kempczinski said in the call that the company would be using the wage increase as an opportunity to gain on its competitors. This will be the fifth time the company has raised menu prices in the last two years. Pizza Hut cut its in-house delivery program, eliminating 1,200 delivery workers to prepare for the pay increase.

Persons: —, Jack, Chris Kempczinski, Kempczinski, McDonald's, Chipotle, Jeff Hanscom, Hanscom Organizations: Service, National Owners Association, Street Journal, Wall, International Franchise Association Locations: California, Chipotle

☆ Myanmar Border Guards Flee to Bangladesh Amid Clashes With Rebels
▼ + stars: | 2024-02-05 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

By Ruma Paul and Sudipto GangulyDHAKA (Reuters) - At least 95 Myanmar border guards, some of them wounded, have fled to Bangladesh over the last few days as fighting intensifies between rebel forces in Myanmar and the junta regime, officials in Bangladesh said on Monday. Members of the Myanmar Border Guard Police (BGP) entered Bangladesh with their weapons and 15 of them had bullet wounds when they crossed the border, Shariful Islam, a spokesman for Border Guard Bangladesh, said on Monday, adding that the wounded received treatment at different hospitals. Bullets and mortar shells from across the Myanmar border landed on Bangladesh territory on Monday, killing at least two people, a government official in Cox's Bazar said. Panic has gripped the refugee camps in Myanmar with many waiting to cross over to Bangladesh as supply chains have been cut off due to the ongoing conflict, according to Rohingya refugees in Bangladesh. Some of the Rohingya Muslims want to flee here as they are living in constant fear without basic needs," Rohingya refugee Oli Hossain said.

Persons: Ruma Paul, Sudipto Ganguly, Mohammed Mizanur Rahman, Rahman, Mohammad Shamsud Douza, Oli Hossain, Nick Macfie Organizations: Sudipto Ganguly DHAKA, Myanmar Border Guard Police, Border Guard Bangladesh, Bangladesh Locations: Myanmar, Bangladesh, Bangladesh's, Cox's Bazar, Islam, Bandarban, Bazar

☆ McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
▼ + stars: | 2024-02-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

McDonald's and Starbucks , two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of McDonald's fell 4% in morning trading Monday, several hours after it reported that a sales slowdown in the Middle East contributed to its fourth-quarter revenue miss. Starbucks CEO Laxman Narasimhan said Tuesday that the company's sales in the Middle East struggled, but boycotts also hurt its U.S. cafes. Unlike Starbucks, McDonald's did not note any effect on its U.S. sales. Yum Brands is scheduled to report its quarterly results on Wednesday, while Restaurant Brands is slated to share its earnings on Feb. 13.

Persons: Laxman Narasimhan, McDonald's, Cowen, Andrew Charles, Chris Kempczinski, Kempczinski, Papa John's, Burger Organizations: U.S, Starbucks, Starbucks Workers, Workers United, McDonald's, Yum Brands, Restaurant Brands, CNBC PRO Locations: Tel Aviv, Israel, Gaza, Malaysia, Indonesia, France, Europe

COOKE CITY, Mont. They say their work has helped keep deaths from spiking despite more skiers, snowboarders and snowmobilers pushing the limits on remote mountainsides. Cooke City is thronged with tourists by the thousands in summer, when it’s a bustling gateway to Yellowstone National Park. After it snows — and here storms are often measured by the foot — snowmobilers and skiers pack the few hotels and inns. On Saturdays at a backcountry warming hut used by snowmobilers, avalanche educators give basic rescue lessons including how to use avalanche beacons — transmitters that send a signal rescuers can use to find victims.

Persons: COOKE, Wesley Mlaskoch, Mlaskoch, “, ” Mlaskoch, Doug Chabot, it’s, ”, Chabot, “ It’s, he’s, Chabot snowmobiled, Cooke, Kay Whittle, Bill, Shannon Abelseth Organizations: Gallatin National Forest Avalanche Center, Avalanche, Cooke, U.S, Experts, U.S ., Antlers Locations: Mont, Montana, , Minnesota, Gallatin, Idaho , Colorado, Wyoming, Cooke City , Montana, Cooke City, Cooke, Yellowstone

For instance, the U.S. has blocked shipments of cotton coming from China, a top manufacturer of popular clothing brands, because it was produced by forced or prison labor. While prison labor seeps into the supply chains of some companies through third-party suppliers without them knowing, others buy direct. Cargill acknowledged buying goods from prison farms in Tennessee, Arkansas and Ohio, saying they constituted only a small fraction of the company’s overall volume. For instance, about a dozen state prison farms, including operations in Texas, Virginia, Kentucky and Montana, have sold more than $60 million worth of cattle since 2018. “What for?”FOLLOWING THE MONEYThe business of prison labor is so vast and convoluted that tracing the money can be challenging.

Persons: it’s, Willie Ingram, “ They’d, billy clubs, they’d, ”, Ingram, didn’t, they’re, don’t, Andrea Armstrong, Frank Dwayne Ellington, Ellington, Koch, “ It’s, it’s somebody’s, Alishia Powell, Clark, “, Bunge, Louis Dreyfus, Archer Daniels, Cargill, ” McDonald’s, Mills, ” Bunge, Burger, Jermaine Hudson, ” Hudson, Calvin Thomas, Thomas, Ken Pastorick, Pastorick, Jennifer Turner, Faye Jacobs, Jacobs, ’ ” David Farabough, they’ve, Joshua Sbicca, Cliff Johnson, Jimmy Dean, Sara Lee, Tyson, Brevard County Sheriff Wayne Ivey, that’s, ” Ivey, “ They’re, ’ ”, William “ Buck ” Saunders, Hickman’s, Brooke Counts, Counts, John’s, Jack Strain, Tammany Parish, Russell Stover, Curtis Davis, Robert Bumsted, Cody Jackson, Columbia University’s Ira A, Lipman Organizations: Louisiana State Penitentiary, The Associated Press, Walmart, Cargill, U.S, Kroger, Target, Aldi, Corrections, Loyola University New Orleans, Koch Foods, Occupational Safety, Health Administration, Washington, Archer Daniels Midland, Consolidated, AP, Foods, Dairy Farmers of, Big, Sam’s, Tyson Foods, U.S ., Civilian, OSHA, Fair Labor, American Civil Liberties, Colorado State University, MacArthur Justice Center, University of Mississippi, PepsiCo, Brevard County Sheriff, Arizona . Companies, Costco, Correctional, Prisons, Nut, Maine Foods, Taylor Farms, Transitional, Associated Press, Public Welfare Foundation, Columbia, Lipman Center for Journalism, Arnold Ventures Locations: ANGOLA, La, Southern, Louisiana, Texas, In Louisiana, Angola, United States, “, Ashland, U.S, China, Tennessee , Arkansas, Ohio, Dairy Farmers of America, Texas , Virginia, Kentucky, Montana, Baton Rouge, Mississippi, Manhattan, America, Alabama, American, Arkansas , Texas, Florida , Alabama, South Carolina, Georgia, Arkansas, In Alabama, Florida, Brevard County, Arizona, Wisconsin, California, Colorado, state’s St, Tammany, Idaho, In Kansas, Cal, St, Francisville , Louisiana, Feliciana, Investigative@ap.org

☆ A 61-year-old man sues Macy's, saying he was jailed and assaulted after being falsely identified as a store robber by facial recognition
▼ + stars: | 2024-01-24 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA 61-year-old man is suing Macy's and the parent company of Sunglass Hut over the use of facial recognition tech that mistook him for an armed robber. This story is available exclusively to Business Insider subscribers. AdvertisementThe use of facial recognition technology in retail stores has come under growing scrutiny in recent years and fuelled fears that it may lead to more cases of mistaken arrests . Macy's and EssilorLuxottica did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Macy's, Harvey Murphy Jr, , Murphy, EssilorLuxottica Organizations: Service, Business, Washington Post, Federal Trade Commission Locations: Sunglass, Macy's, Sacramento

☆ Texas man sues Macy’s and Sunglass Hut parent over wrongful arrest linked to facial recognition
▼ + stars: | 2024-01-23 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

CNN —A Texas man is suing Macy’s and the parent company of Sunglass Hut after the two companies allegedly relied on error-prone facial recognition technology to falsely accuse him of armed robbery. “They were misled by Sunglass Hut and Macy’s and the reason why Murphy was jailed is because of the actions of these companies. In 2020, the American Civil Liberties Union challenged Detroit’s police department over what the group described as the first known wrongful arrest involving facial recognition. Facial recognition concernsFor years, civil liberties and privacy experts have warned of the risks of overly casual facial recognition use or an overreliance on the technology, and the possibility that algorithmic bias could lead to misidentification, racial discrimination or other unintended consequences. The FTC has similarly moved to restrict Instagram-parent Meta from using facial recognition technology, which Meta has challenged in court.

Persons: CNN —, Macy’s, Harvey Murphy Jr, Murphy’s, Murphy, ”, Daniel Dutko, “, EssilorLuxottica didn’t, EssilorLuxottica, Dutko, ” Dutko, Sunglass, “ We’re, they’re, ‘ We’ve, Meta Organizations: CNN, The Washington Post, Houston police, Department of Motor Vehicles, Houston, American Civil Liberties Union, Office, Federal Trade Commission, Aid, FTC Locations: Texas, Sunglass, Harris County, Houston, Sacramento , California, Harris, EssilorLuxottica, Michigan, Detroit

☆ Ayodhya temple: India’s Narenda Modi hails a new ‘divine India’ as he inaugurates Ram Mandir ahead of election
▼ + stars: | 2024-01-22 | by ( Helen Regan | Rhea Mogul | ) edition.cnn.com time to read: +11 min

By moving ahead of building the temple, now we all take the oath of building a national, capable, successful, beautiful, and divine India,” Modi said. His promise to build the Ram Mandir helped spur that initial election success. A devotee gets anoint the name of Lord Ram on his forehead ahead of the Inauguration of the Ram Mandir Temple on January 20, 2024 in Ayodhya, India. Ritesh Shukla/Getty Images“I have come here to seek blessings from Lord Ram and Sita, I am very happy today,” she said. “I have come here to seek blessing from Lord Ram, Modi has done so much,” he said.

Persons: Narendra Modi’s, Lord Ram –, Ram, ” Modi, “ Ram, Modi, Lord Ram, Rafiq Maqbool, Pran Pratishtha, Mohan Bhagwat, ”, Yogi Adityanath, Acharya Mohanjodaro Bharadwaj, Babar, Money Sharma, Maulana Badshah Khan, “, ” Khan, weaponizing, Modi “, Modi fasted, Rajesh Kumar Singh, Nilanjan Mukhopadhyay, Chandravanshi, Ritesh Shukla, Sita, Lal Singh Khushwa Organizations: CNN, “, Bharatiya Janata Party, BJP, Rashtriya Swayamsevak Sangh, Getty, Human Rights, AP, YouTube Locations: India, India’s Ayodhya, Babri, Ayodhya, Vedika, India's, Mumbai, Uttar Pradesh, New York, Square, South Asia, Sarayu, New India, US, Tamil Nadu, “, Chhattisgarh

☆ I'm a California restaurant operator preparing for the $20-an-hour fast-food wage by trimming hours, eliminating employee vacation, and raising menu prices
▼ + stars: | 2024-01-16 | by ( Nancy Luna | ) www.businessinsider.com time to read: +7 min

The main reason: California fast-food workers are getting a big bump in pay to $20 an hour under a new state law that goes into effect in April. That new wage is nearly 30% more than most employers pay fast-food workers. 1 thing every California fast-food food owner was talking about. Raising wages for managers and shift leaders so they won't fleeThe minimum wage in California is $16 an hour. "This program should have been phased in over time instead of jumping the California minimum wage for our staff by 25% in one single day," he said.

Persons: —, Marcus Walberg, Walberg, He's, Seth Lederman, Frannexus, Lederman, he'd, he's, We'll Organizations: Service, Business, Florida Locations: Los Angeles, California, Chili's, McDonald's

☆ How B.J. Novak turned a tribute to chain restaurants into the hottest ticket in Hollywood with a 25,000-person waitlist
▼ + stars: | 2024-01-05 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +11 min

Chain pays tribute to these restaurants with new interpretations of their most iconic dishes, which are created by Michelin-starred chef Tim Hollingsworth. "We all came up on different chain restaurants and, from a very authentic place, we all got excited about them." Advertisement"Ironically, since we started Chain, these chain restaurants have had sort of this resurgence," Hollingsworth said. How did a comedian, film producer, and Michelin-starred chef help predict the resurgence of chain restaurants? "It's become so hard to capture the attention and interest of a massive amount of people, but chain restaurants have been around for 50 or 60 years.

Persons: —, Jack, B.J, Novak, Friendly's, Nicholas Kraft, Chain, Tim Hollingsworth, Kraft, hadn't, Bell, Mindy Kaling, John Legend, Chrissy Teigen, margarita, Rachel Bilson, Dunkin, Chrissy, Red Robin, Let's, Phil Rosenthal, Chef Hollingsworth, Thomas Keller's, Hollingsworth, Ruth De Jong, Oppenheimer, John Mayer, Andy Cohen, lockdowns, Tim Hollingsworth's, Bell's, Taco Bell, De Jong, We're, Finneas, It's Organizations: Service, Michelin, Business, New Americana, ChainFest, Steakhouse, Crunchwrap, Panda Express, Texas Locations: Boston, Los Angeles, Olive, ChainFest, Seattle, LA, Napa, Texas, West Hollywood

☆ I made a multigenerational group of friends — from Gen Zers to Boomers — doing ski patrol
▼ + stars: | 2023-12-05 | by ( Melissa Hart | ) www.businessinsider.com time to read: +5 min

I ended up joining Backcountry Ski Patrol and making an intergenerational group of friends. Two years ago, when the dank Willamette Valley winters threatened to bury me in seasonal affective disorder, I begged Julie to teach me to cross-country ski. In the mountains near my house, I discovered not only bluebird skies above snowy slopes, but a group of multigenerational friends who inspired me to join Backcountry Ski Patrol. The members of our patrol in the Willamette National Forest span four generations, from Gen Zers to Boomers. Some of us cross-country ski.

Persons: Zers, —, Julie, she's, Gen Zers, who'd, who've, Julie Polhemus, I've Organizations: Ski, Boomers, Service, Volunteers, First Locations: Los Angeles, Oregon, Willamette

Search resuls for: "Hut"

25 mentions found