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As Hurricane Milton tears through their neighborhood, she's now hunkering down in her new home. Schwartz said she could not sleep with the strong wind and trees falling over on her street. I don't know if something's slammed into the door or the side of the house. I'm shocked that we haven't because many friends and family members say they don't have power. AdvertisementAnd I know I'm not sleeping tonight.
Persons: Natalie Schwartz, Milton, Schwartz, , I've, something's, Helene Organizations: Service, Hurricane Locations: Wesley Chapel , Florida, she's, Tampa's, Hurricane Milton
Detroit Reuters —Chrysler parent Stellantis confirmed on Thursday that CEO Carlos Tavares would retire at the end of his contract in early 2026 and announced major senior management changes as it struggles to turn around its lagging North American operations. The world’s fourth-largest automaker by sales said it now planned to name his successor by the fourth quarter of 2025. The automaker also appointed Antonio Filosa as its North America chief operating officer in addition to his role as Jeep brand CEO, succeeding Carlos Zarlenga, whose future role has not been announced. Stellantis last week lowered its forecast from positive cash flow to negative cash flow of between 5 billion and 10 billion euros ($5.5 billion and $10.9 billion) this year. The broad management shakeup was meant to address these concerns, Tavares said in a statement Thursday.
Persons: Carlos Tavares, Tavares ’, Stellantis, Doug Ostermann, Natalie Knight, Antonio Filosa, Carlos Zarlenga, Tavares, , ” Bernstein, Organizations: Detroit Reuters, Chrysler, Analysts, North America, Fiat, Peugeot, PSA, Maserati, Jeep, United Auto Workers Locations: North America, China, Detroit
CNN —A new 3D scan has revealed previously unseen details of the wreck of Antarctic explorer Ernest Shackleton’s HMS Endurance, which was found in 2022 – more than a century after the ship sank. A boot believed to have possibly been worn by Frank Wild, Shackleton's second-in-command, can be seen. Falklands Maritime Heritage TrustThe 3D images have been released as part of a new documentary film “Endurance,” which will premiere at the London Film Festival on Saturday before being released in UK cinemas from Monday and on Disney+ later in the year. It tells the story of Shackleton’s ill-fated voyage, as well as that of the expedition that discovered the wreck of the Endurance in 2022. The crew of the Endurance eating a meal on board, four months before they were forced to abandon ship.
Persons: Ernest Shackleton’s HMS, Frank Wild, Chai Vasarhelyi, Jimmy Chin, Natalie Hewit, Frank Hurley, Shackleton, , Donald Lamont, Sir Ernest Shackleton, Roald Amundsen, CNN’s Barry Neild, Lilit Marcus Organizations: CNN, Maritime Heritage, London, Disney, National Geographic, RGS, Falklands Maritime Heritage Trust Locations: Weddell, Antarctica, South Georgia
Ye has been accused in a new lawsuit of threatening to kill a former employee. The plaintiff said he was asked to investigate the Kardashian family. AdvertisementYe, the embattled rapper formerly known as Kanye West, has been accused in a new lawsuit of threatening to kill an employee who says he was tasked with investigating bizarre conspiracy theories surrounding the Kardashian family. "John Doe was also tasked by Ye with investigating the Kardashian family and supposed various criminal links Ye believed they had with criminal enterprises, including alleged sex trafficking," the lawsuit says. Reps for Ye and the Kardashian family — which includes Ye's ex-wife, Kim Kardashian — did not immediately respond to a request for comment from Business Insider on Thursday.
Persons: Ye, Kardashian, , John Doe, Ye's, Bianca Censori, Kim Kardashian, Pete Davidson, Pete Davidson's, Censori, Doe, Ron Zambrano, Zambrano Organizations: Service, Business, TikTok, TMZ, Donda Academy, Plaintiff, West Coast Employment Lawyers Locations: California, Australia, North West
Influencer Caroline Calloway drew scrutiny from many online this week after she shared she’s not evacuating her Sarasota, Florida, condominium as Hurricane Milton approaches. Calloway, 32, was among the first Instagram stars, gaining notoriety for her paragraphs-long captions and whimsical photographs documenting her daily life. Milton's maximum sustained winds are 125 mph, which puts it at Category 3, according to the National Hurricane Center. But Calloway, who has 671,000 followers on Instagram, remains largely unfazed by the widespread concern as Milton barrels toward Florida’s west coast. Calloway said she’s confident her building can sustain the hurricane.
Persons: Influencer Caroline Calloway, Milton, Calloway, Natalie Beach, “ I’m, she’s, It’s, , I’ve, , “ I’ve, ” Calloway Organizations: Sunshine State, National Hurricane Center Locations: Sarasota , Florida, Florida, Sarasota
Insider Today: Consultants hit the exits
  + stars: | 2024-10-06 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
This post originally appeared in the Insider Today newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This week's dispatchHot jobs reportgradyreese/Getty, Tyler Le/BIThe US economy added way more jobs in September than expected. AdvertisementThe jobs report on Friday showed 254,000 jobs added, way ahead of the 147,000 expected, while unemployment dropped to 4.1%. Here's what it all means:Rates: The strong job numbers likely mean a longer wait for lower rates.
Persons: , Tyler Le, Kamala Harris, Donald Trump, Joe Biden, Harris, Alyssa Powell, Marc Rowan, Apollo, Rowan, Natalie Ammari, Scooping, Van Cleef, Morgan Stanley Organizations: Business, Service, UC Berkeley, Fed, Dow, Deloitte, Accenture, Reuters, Apollo Management, Apollo, JPMorgan Locations: Zegna, Bridgewater
Yet the concept, which eventually became Raising Cane's Chicken Fingers, propelled Graves to his debut Tuesday on the Forbes 400, a ranking of America's richest people. He's reportedly the country's 107th-richest person, with an estimated net worth of $9.5 billion, largely driven by his ownership stake in Raising Cane's. Graves owns more than 90 percent of the company, and has no plans to take it public or sell his stake to private investors, he said. "I want my kids in the business to be able to carry our values on after their mom and I are gone," said Graves. "They can turn this into a worldwide business and continue to grow."
Persons: Todd Graves, Craig Silvey, Graves, He's, Cane's —, Cane — Organizations: LSU, Forbes, Nicholls State University, Small Business Administration, CNBC Locations: Louisiana, Cane's, California, Baton Rouge , Louisiana, Alaska —
Insider Today: Getting rich off Airbnb
  + stars: | 2024-10-05 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +6 min
You can sign up for Business Insider's daily newsletter here. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo successfully "swipe right" in the office, there are some rules you should follow, according to two human resource professionals who spoke to Business Insider's Jordan Hart. Airbnb arbitrageGetty Images; Jenny Chang-RodriguezGen Z has a new side hustle: Airbnb superhosting. The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Chris Haston, y'know, Insider's Jordan Hart, Cheryl Swirnow, Christopher Sheekey, Jenny Chang, Rodriguez Gen Z, somethings, Dave Ramsey, they're, Critics —, Van Cleef, Tyler Le, Monica Humphries, Alyssa Powell, seltzer, What's, Natalie Ammari, Stephen King, Max, Mike Flanagan, Kate Siegel, Rebecca Zisser, Boots, booties, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Bank, Netflix, Deal Locations: Zegna, Basel, Switzerland, France, Germany, Washington, New York City, New York, Chicago
Celebrities who partied with Combs may want to consult their lawyers, entertainment attorneys told BI. AdvertisementCelebrities who attended Sean "Diddy" Combs' parties should consider lawyering up, even if they attended one of his more high-profile soirees. "He's had many legitimate parties over the years and, chances are, most celebrities and guests were not aware of his sex parties." AdvertisementThe "Freak Offs," prosecutors say, occurred regularly, often in hotel rooms, and sometimes lasted multiple days. "Sean Combs' white parties and other events were iconic, a true convergence of hip-hop, Hollywood, and Black excellence.
Persons: Sean, Diddy, Combs, , Wayne Dennison, Brown Rudnick, Johnny Depp, Amber Heard, Dennison, Neama Rahmani, they're, Rahmani, Stuart Morton, Camron, Mills Sadat Dowlat, Tre Lovell, Lovell, He's, Marc Agnifilo, Jane Rosenberg, Sean Combs, Johnny Nunez, WireImage, Adria, Jonathan Davis Organizations: Service, Hamptons, West, Trial, Getty, Los, Lovell, Reuters, White Party Locations: Beverly Hills, St, Manhattan, Brooklyn, Los Angeles, Miami
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There's an important stipulation on OpenAI's historic $6.6 billion funding round. AdvertisementOpenAI's historically large $6.6 billion funding round is bringing in checks from some of the biggest technology and venture capital investors. If the ChatGPT-maker doesn't complete its transition to a for-profit company within two years, investors in the latest round could ask for their money back, multiple outlets have said. But "if there's disagreement within the entity, then it's much harder for the regulators to approve it," he said. AdvertisementStill, the legal experts said that though OpenAI's transition to a for-profit company is a complicated one, it's doable.
Persons: , there's, doesn't, OpenAI, Jill Horwitz, Horwitz, Alexander Reid, Reid, doable, Elon Musk, Sam Altman, Greg Brockman, Musk, Altman Organizations: Service, University of California, Los Angeles School of Law, Internal, SEC, IRS, Employees Locations: OpenAI, Delaware, California
For Mark Cuban, it was all about a simple 100% USDA beef patty slider. When Cuban married his wife, Tiffany Stewart, he'd been a billionaire for roughly three years. He had one question for her before they tied the knot, he told the "Club Shay Shay" podcast last week: Would she go to White Castle with him? "We're going to White Castle, and if you really love me, you'll eat a White Castle burger," said Cuban, 66. Twenty-two years and three children later, Cuban and Stewart are still married.
Persons: Mark Cuban, Cuban, Tiffany Stewart, he'd, Shay Shay, Broadcast.com, Stewart, Robert Wickham, you'll, Wickham Organizations: Cuban, CompuServe, Yahoo, Indiana University, Northern Arizona University, CNBC Locations: White, Pittsburgh
The federal judge overseeing the election interference case against Donald Trump has released prosecutors' 165-page motion detailing a trove of new evidence against the former president. AdvertisementUnited States District Court Judge Tanya Chutkan released the motion by special counsel Jack Smith after Smith and his team hit Trump with a revised indictment that keeps the same four counts against him. Trump is charged with four counts of interfering with the 2020 election. Those counts allege that he conspired to defraud the United States, that he conspired to obstruct the certification of the electoral vote count, that he did obstruct that certification, and that he conspired to deprive voters of the right to have their votes counted. This is a breaking news story and will be updated.
Persons: Donald Trump, Tanya Chutkan, Jack Smith, Smith, Trump Organizations: United, Trump Locations: United States
A severely damaged water system that could take weeks to repair. Hundreds of miles from where it made landfall in Florida’s Big Bend, Hurricane Helene caused unprecedented damage in western North Carolina, where at least 49 people have died and dozens of others are missing. “The devastation was beyond belief,” North Carolina Gov. “Were they stationing water off the mountain ready to be trucked up here, knowing how fragile our water system is? Anyone acting like this is a surprise has not been here long enough and is not from the mountains and does not understand how water works.”
Persons: Hurricane Helene, Roy Cooper, that’s, Deanne Criswell, Cooper, Devonna Brown, , , ” Sara Legatski Organizations: North Carolina Gov, Federal Emergency Management Agency, FEMA Locations: Florida’s Big Bend, Hurricane, North Carolina, Asheville,
Sean "Diddy" Combs hired a new lawyer to try to get out of jail. The same attorney, Alexandra Shapiro, represents Sam Bankman-Fried. The new lawyer he picked up is also representing his roommate, notorious fraudster Sam Bankman-Fried. Shapiro is representing Bankman-Fried on appeal after the FTX and Alameda Research founder was sentenced to 25 years in prison and convicted by a jury on fraud, money laundering, and conspiracy charges. Shapiro didn't immediately respond to a request for comment, and neither did an attorney representing Combs in his earlier bond arguments.
Persons: Sean, Diddy, Combs, Alexandra Shapiro, Sam Bankman, SBF, , Ruth Bader Ginsburg, Shapiro, Fried, he's, wunderkind, Shapiro didn't Organizations: Service, Supreme, Alameda Research, Detention Center, Bankman Locations: Brooklyn, Brooklyn's
In today's big story, what you need to know about tonight's vice presidential debate , and why it's worth paying attention to. The big storyUp for debateDrew Hallowell/Getty Images; Andrew Harnik/Getty Images; Brandon Bell/Getty Images; Rebecca Zisser/BIOhio Sen. JD Vance and Minnesota Gov. ET for an uncharacteristically important vice presidential debate , write Business Insider's Brent D. Griffiths and John L. Dorman. Thanks to a hot streak at Miu Miu, Prada has done what few luxury retailers have been able to do this year: grow. In short, it doesn't get trendier than Miu Miu — and trendy is good for business.
Persons: , Drew Hallowell, Andrew Harnik, Brandon Bell, Rebecca Zisser, JD Vance, Tim Walz, Insider's Brent D, Griffiths, John L, Dorman, Donald Trump, Kamala Harris aren't, Vance, Walz, hasn't, Brent, Trump's, There's, Harris, Joe Biden's, Matt Stroshane, Tyler Le, Blackstone, Getty, Justin Sullivan, Nvidia's, Jensen, Mira Murati, Natalie Ammari, That's, Miu Miu, Prada, Jimmy Carter, Mark Rutte, Jens Stoltenberg, Claudia Sheinbaum, Elliott Hill, Mike Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Microsoft, Getty, Ohio Sen, Minnesota Gov, CBS, Netflix, Republican, UBS, Venture, Murati, Consulting, Nike, NYSE Locations: Minnesota, Silicon, New York, London
AdvertisementUS financial firms' interest in China was on its last legs, but a new stimulus package has some investors excited again. The immediate impact of China's $114 billion package, which includes cutting interest rates and reducing the amount of money banks need to keep in reserve, has been big. Traders, investors, and speculators have sent China's stock market to its best month in nearly a decade , signaling that the market players think that Beijing's moves are a "bazooka." Our annual list of Wall Street rising stars is here. According to a new report from The Wall Street Journal, executives attempted to woo the AI researcher back before rescinding the offer.
Persons: , Andres Martinez Casares, Alyssa Powell, Linette Lopez isn't, Linette, Jon Hicks, that's, David Tepper, He's, Tepper, Pan Gongsheng, BI's Filip De Mott, Wall, Natalie Ammari, Crypto, Donald Trump, Kamala Harris, Marc Piasecki, Tyler Le, who's, OpenAI execs, Ilya Sutskever, it's, Tara Anand, aren't, Jerome Powell, Ryan Routh, El Chapo, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Traders, Bank of China, bros, Trump, Getty, Houston Chronicle, Hearst Newspapers, Elon, Wall Street Journal, Netflix, Longshoremen's Association, National Association for Business Locations: China, New York, London, Chicago
Insider Today: Retirement savings mistakes
  + stars: | 2024-09-29 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Getty ImagesRetirement savings no-no'sAbout 45% of Americans will run out of money in retirement — even those who invested and diversified. If you're aiming to retire at the standard age of 65, avoid these mistakes so you can keep your golden years golden. AdvertisementThe four biggest retirement mistakes. And with Meta's smart Ray-Ban glasses doing better than expected, the company appears to be winning the glasses wars.
Persons: , Alberto E, Rodriguez, Jimmy Donaldson, Donaldson, obsessives, techies, Chris Gash, Zers, Saratta, Tom Brady, Jeff Bezos, Natalie Ammari, Mark Zuckerberg, Orion, aren't, Meta, Sam Altman Organizations: Business, Service, MrBeast, Getty, BI, Billionaire, Big Tech Locations: millennials, Florida
The teenager practiced driving from his apartment in San Diego down to Tijuana and back, on the orders of the criminals he was working for in Mexico. He rehearsed how he would respond to questions from U.S. border officers. The men who were paying him had cut a secret compartment into his car big enough to fit several bricks of fentanyl. When they loaded it up for the first time and sent him toward the border, Gustavo, who was only 19 at the time, began to tremble. At the checkpoint, he steadied himself like he had practiced, and calmly told the border officers that he was just heading home.
Persons: Gustavo, steadied Locations: San Diego, Tijuana, Mexico
This week's dispatchThe high cost of weight-loss drugsiStock; Rebecca Zisser/BIWhy are two popular weight-loss drugs — Wegovy and diabetes medication Ozempic — so expensive in the US? Patients also bargain-hunt for cheaper weight-loss drugs online, or try to use manufacturer-issued coupons. See the full listiStock; Rebecca Zisser/BIDeals we loveCalling all Madewell shoppers: The bi-annual Madewell Insiders sale is here with 25% off almost everything full-price and an additional 40% off sale. The bi-annual Madewell Insiders sale is here with 25% off almost everything full-price and an additional 40% off sale. The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , you've, Shailene Woodley, George Clooney, Rebecca Zisser, Ozempic, Lars Fruergaard Jorgensen, Sen, Bernie Sanders, it's, Gabby Landsverk, Ro, Henry Meds, Eli Lilly, Stefania Pelfini, Jenny Chang, Rodriguez, BI Marie, Mangin, Yellowstone Joey Hadden, Jackson, Wyoming's, Natalie Ammari, Zers, Austin, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Novo Nordisk, Federal Trade Commission, FDA, copycats, BI, Yellowstone, Austin, Lone Star, Disney, Pixar, British, Netflix, Insiders Locations: Washington ,, Germany, New York City, New York, Chicago
In 2022, a 10-year national recovery plan was launched to stop the decline in numbers and improve the size, quality and connectivity of koala habitat in the listed areas. “I often think, ‘Am I sitting here, seeing the last of Queensland koalas filtering through, as I work with them?’”One of three subspecies, Queensland koalas are smaller and grayer than their southern cousins, and are the kind often seen in photos with celebrities and foreign dignitaries. “Aussies would be horrified to know that we are bulldozing koala habitat at the rate that we are,” she said. Koala habitat squeezed in citiesWith a human population of 2.5 million, Brisbane is one of Australia’s fastest-growing capital cities. Declining numbersMost of the ambition for vast tracts of new koala habitat in Queensland lies outside Brisbane’s established inner-city suburbs.
Persons: Sophia Windsor, , ” Sophia Windsor, Sophia Windsor Koalas, they’re, Max, Sue Minter Walter, Hilary Whiteman, telltale, Kelly Batten, , John Knights, United Kingdom who’s, CNN He’s, he’s, Knights, Murray Chambers, CNN Murray Chambers, “ You’ve, Chambers, “ We’re, Trent, Windsor, Tim Portas, ” Portas, , Japan's Naomi Osaka, Patrick Hamilton, Natalie Frost, Paul Hilton, Gemma Plesman, Frost, Jo Murray, ” Murray, Residents Jo Murray, Colleen Holland, woodcutters, , Garth Nolah, Karin Machell, Beau, Louis, can’t, Murray, they’ve, CNN’s, Bill Ellis, Adrian Schrinner, Council Ellis, we’ll, I’m, It’s, CNN Trent’s, Australia – Windsor, ” Windsor, reckons he’s, They’re Organizations: Australia CNN, Wallabies, CNN, Brisbane, Olympic Games, Windsor, Knights, Koala Rescue, RSPCA Wildlife Hospital, RSPCA Queensland National, Australian Capital Territory, Queensland, Department of Environment, Science, Lone Pine, Brisbane International, Getty, Koalas Fund, Queensland Conservation, Greenpeace, Greenpeace Greenpeace, Greenpeace Australia Pacific, Residents, NBA, Moreton Bay Council, Council, University of Queensland, Brisbane City Council, Brisbane Lord, Gravatt, Mount Gravatt Outlook, Reserve Locations: Brisbane, Australia, Queensland, Australia’s, Windsor, backyards, Tarragindi, Toohey Forest, United Kingdom, Koala, , New South Wales, South East Queensland, Lone, AFP, Wamuran, Mulga, city’s, Lawnton, Brisbane’s, Moreton, Moreton Bay, ” Moreton, Brisbane City, “ Brisbane, Trent, Australian, Whites
Maggie Smith in "Harry Potter and the Half-Blood Prince." The following year, Smith played Desdemona in Olivier's "Othello." Smith played a celebrated British actor reckoning with her complex marriage to a closeted gay man played by Michael Caine. She was also regularly recognized by the British Academy Film Awards (BAFTAs), the Golden Globes and the Screen Actors Guild Awards. When the British newspaper The Telegraph asked Smith why she took the role, she quipped: "Harry Potter is my pension."
Persons: Maggie Smith, Oscar, McGonagall, Harry Potter, Dowager, Smith's, Chris Larkin, Toby Stephens, Dame Maggie Smith, Prince, Everett, Larkin, Stephens, Smith, Miss Jean Brodie, Violet Crawley, Dowager Countess Grantham, Nick Briggs, Tony, Queen Elizabeth II, Margaret Natalie Smith, Shakespeare’s, Laurence Olivier, Desdemona, Olivier's, Ronald Neame, Vincent Canby, Jean Brodie, Neil Simon, Michael Caine, Rowling's Harry Potter, Minerva McGonagall, Nobody Organizations: Warner Bros, PBS, Oxford Playhouse School, Britain's, Evening, New York Times, British Academy, Golden Globes, Screen, British, The Telegraph, Focus, NBC Locations: Downton, Lovage, Essex, England, U.S, London, Edinburgh, California, Los Angeles, British, Gosford
Paris Fashion Week: The best celebrity looks
  + stars: | 2024-09-27 | by ( Leah Dolan | ) edition.cnn.com   time to read: +2 min
Pascal Le Segretain/Getty ImagesKylie Jenner at Schiaparelli. Neil Mockford/GC Images/Getty ImagesRob Lowe. Pascal Le Segretain/Getty ImagesNicole Richie at Saint Laurent. Pascal Le Segretain/Getty ImagesGwyneth Paltrow. Neil Mockford/GC Images/Getty Images
Persons: Kendall Jenner, Bella Hadid, Miu Miu, Louis Vuitton, Here’s who’s, Daniel Craig, Rachel Weisz, Loewe, Stephane Cardinale, Corbis, Kloss, Jacopo Raule, Jeff Goldblum, Emilie Livingston, Pascal Le Segretain, Kylie Jenner, Scott A, Willow Smith, Lila Moss, Neil Mockford, Rob Lowe, Sienna Miller, Laurent Vu, Bauer, Griffin, Anya Taylor, Joy, Natalie Portman, Christian Dior, Swan, Lauren Hutton, Saint Laurent, Marechal Aurore, Cyril Pecquenard, USA Cole Sprouse, Kelly Rutherford, Abdul Saboor, Jennifer Garner, Kate Moss, Zoë Kravitz, Saint, Aitor Rosas Sune, WWD, Juliette Lewis, Nicole Richie, Gwyneth Paltrow Organizations: CNN, Paris, Callaway, Balmain, Getty, Christian, Abaca, Dior, Saint Locations: Schiaparelli, Chloé, Saint Laurent
Actress Dame Maggie Smith arrives at the Royal Film Performance and World Premiere of the film, "The Second Best Exotic Marigold Hotel", at Leicester Square, London February 17, 2015. Smith's sons, Chris Larkin and Toby Stephens, said in a statement that Smith died early Friday in a London hospital. You have to get up very, very early in the morning to outwit Maggie Smith." "Jean Brodie," in which she played a dangerously charismatic Edinburgh schoolteacher, brought her the Academy Award for best actress, and the British Academy Film Award (BAFTA) as well in 1969. English actress Maggie Smith, UK, 8th March 1974.
Persons: Dame Maggie Smith, Peter Nicholls, Maggie Smith, Miss Jean Brodie, dowager Countess of Grantham, Minerva McGonagall, Harry Potter, Smith's, Chris Larkin, Toby Stephens, Smith, Clair Dobbs, Vanessa Redgrave, Judi Dench, Smith drily, McGonagall, Richard Eyre, I've, Jean Brodie, Oscar, Judith Hearne, Mussolini, Tony, " Smith, Richard Burton, Peter Hall, Frank Rich, Coward, Wilde, Noel Coward's, It's, Margaret Natalie Smith, one's, Maggie, Margaret Smith, Laurence Olivier, Joyce Redman, Emilia, Desdemona, Stuart Burge's, Shakespeare's Organizations: Leicester Square, British Academy Film Award, Vaudeville Theatre, Getty, Golden Globes, Globe, New York Times, Oxford Playhouse School, National Theatre, Shepperton Studios, Moviepix Locations: Leicester, London, Downton, British, Edinburgh, Hay, Ilford, Oxford, Surrey
Why analysts are calling Cava the next Chipotle
  + stars: | 2024-09-27 | by ( Natalie Rice | ) www.cnbc.com   time to read: +2 min
Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. Now, Wall Street analysts see shades of another fast-casual success story: Chipotle Mexican Grill . In its most recent results for the second quarter of 2024, Cava bucked industry trends by posting same-store sales growth of 14.4% and traffic growth of 9.5%. Cava Group co-founder and CEO Brett Schulman has said its prices increased 15% between 2019 and 2024. "You hear a lot about the value wars lately.
Persons: Nick Setyan, Brett Schulman, Schulman, That's, Cava, Chipotle Organizations: Wall Street, Wedbush Securities, Cava Group Locations: Cava, Chipotle
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