DIRS.INFO The most relevant business & tech news

Indeed, studies show that drinking alcohol is less in vogue with younger millennials and Gen Z. Mounting concern around weight loss drugs GLP-1 drugs, which mimic the action of the glucagon-like peptide-1 hormone and stimulate insulin secretion after a meal, lower blood sugar and send feeling of fullness to the brain. What's more, GLP-1 drugs are an overwhelmingly American topic, with most Europeans unaware of them or unwilling to pay high prices. In total, GLP-1 users are only a very small slice of total alcohol consumers, said Spiros Malandrakis, lead alcohol industry researcher at Euromonitor International. The most vulnerable purveyors are those that are trailing the shift in consumption, notably domestic, non-premium beer brands.

Persons: Katie Pell, Pell, wasn't, millennials, Eli Lilly's Mounjaro, Goldman Sachs, Jason English, Nadine Sarwat, Bernstein, Sarwat, Spiros Malandrakis, —, BUD YTD, who'd, Mickey Velado, Brian Sudano, Nell Healy, Healy, she's, Malandrakis, Ryan Brigden, Brigden, Sudano, Joseph Gabelli, Gabelli, Z, there's, it's, Garrett Nelson, They've, seltzer, Nelson, Molson Coors, Bud, he's Organizations: Gallup, Drugs, Nordisk's Ozempic, JPMorgan, CNBC, Euromonitor, Anheuser, Busch Inbev, Beverage Marketing, Constellation, Guinness, Corona, Heineken, Athletic Brewing Company, Heineken Holding, Carlsberg, Constellation Brands, Malandrakis, Beverage, Gabelli, Diageo, Molson Coors, Busch InBev, Molson, Anheuser Busch Locations: Brooklyn, U.S, GLP, imbibing, Angeles, Colorado, Washington, California, North Carolina, San Francisco Bay, Europe, British, Brazil, India

☆ At 99, billionaire Charlie Munger shared his No. 1 tip for living a long, happy life: 'Avoid crazy at all costs'
▼ + stars: | 2023-12-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Charlie Munger, who died at age 99 last week, attributed his success and longevity at least partially to a single piece of advice: "Avoid crazy at all costs." That's what he told CNBC's Becky Quick last month, in an interview meant to air on his 100th birthday in January. When pressed for his keys to a long and successful life, Munger at first demurred, saying "I don't know the secret." Just avoid it, avoid it, avoid it." "My partner Charlie says there is only three ways a smart person can go broke: liquor, ladies and leverage," Buffett told CNBC's "Squawk Box" in 2018.

Persons: Charlie Munger, CNBC's Becky Quick, Munger, Warren Buffett, he'd, Charlie, Buffett, CNBC's, Berkshire Hathaway, —, I've, Coke Organizations: Forbes, Buffett, Berkshire Locations: Berkshire

☆ Team’s Sale Reflects Growing Links Between Pro Sports and Gambling
▼ + stars: | 2023-12-03 | by ( Ken Belson | More About Ken Belson | ) www.nytimes.com time to read: +1 min

For years, professional sports organizations like the National Basketball Association and Major League Baseball prohibited liquor companies from buying advertising in locations in stadiums and arenas that could be seen on television, in deference to efforts to curb drunken driving. Suddenly, they began signing multimillion-dollar deals with companies that made rum, tequila, vodka and other hard liquor, and the advertising was displayed for all to see. It was a sign of how justifications can change seemingly overnight, especially when money is involved. (The purchase still needs to be approved by the league’s board of governors before becoming official.) “The Adelson and Dumont families are honored to have the opportunity to be stewards of this great franchise,” they said in a statement.

Persons: Miriam Adelson, “ The Adelson, Dumont, ” Organizations: National Basketball Association, Major League Baseball, Sands Corporation, Dallas Mavericks

☆ Anne Hathaway breaks down the sinister motivation behind Rebecca and Eileen's kiss in 'Eileen'
▼ + stars: | 2023-12-01 | by ( ) www.businessinsider.com time to read: +4 min

Anne Hathaway and Thomasin McKenzie star in the new drama "Eileen," based on the best-selling novel. For Hathaway, the key to understanding the motivations of her mysterious character Rebecca lies in how she weaponizes her femininity. Anne Hathaway as Rebecca Saint John in "Eileen." Jeong ParkAccording to Hathaway, there is a lot more at play during Rebecca and Eileen's kiss than just attraction. Anne Hathaway and Thomasin McKenzie in "Eileen."

Persons: Anne Hathaway, Thomasin McKenzie, Eileen, Hathaway, —, Rebecca Saint John, Rebecca, …, — she's, Jeong, Eileen's, McKenzie, hasn't Organizations: Service Locations: New England

☆ One Costco employee at each new store can win $500 in cash if they correctly guess first-day sales
▼ + stars: | 2023-12-01 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

In a company tradition, employees at opening warehouses guess their location's first day sales. AdvertisementNovember was a busy month for Costco, with 10 new locations opening up during the month, and seven of those within a ten-day span. A year later I am on the marketing training team and part of my job is traveling to new warehouse openings. This is my first official new warehouse opening and I am so excited to be part of this opening in Newark, California. I love new warehouse openings because there are items that we do not carry all the time, and some warehouse traditions as well.

Persons: —, you've, Maggie Perkins, Perkins, Maggie Perkins 🍉, dentities, ure, ince, ostco, ike, alf o Organizations: Service, Costco Locations: Newark , California, rize

☆ The Best Black Cake, a West Indian Delight, Starts at Home
▼ + stars: | 2023-11-24 | by ( Ramin Ganeshram | ) www.nytimes.com time to read: +2 min

Alternatively called rum cake, fruit cake or great cake, this dessert most likely came to the Caribbean in the 18th century with English and Irish colonizers, who substituted local rum for whiskey in their traditional Christmas fruitcake. At some point, burnt sugar syrup was added, turning the cake almost black. It has been a West Indian holiday staple, as well as the go-to wedding cake, for centuries. The recipe for black cake is so storied it has even inspired a best-selling novel that has been adapted into a series on Hulu. Black cake baking is a cottage industry in the West Indies that continues among Caribbean immigrants worldwide.

Persons: —, citron, prunes, ”, Deborah Charles, “ Organizations: Hulu Locations: Caribbean, West Indian, West Indies

[1/5] Taiko Nakamura samples whisky barreled in the year he founded at his distillery in Shizuoka, Shizuoka Prefecture, Japan October 25, 2023. The explosion of craft whisky in Japan follows a boom and bust in the industry. Last week, Sotheby's offered what it claimed was the most valuable collection of Japanese whisky at auction, headlined by a 52-year old bottle that sold for 300,000 pounds ($373,830). Suntory, Japan's biggest and best-known whisky maker, recently invested 10 billion yen ($67 million) to upgrade its distilleries, including its Yamazaki site. "I believe we need to put all our effort into making Japanese whisky that lives up to the quality of the Japanese whiskies made by our predecessors," he said.

Persons: Rocky Swift, Suntory's, Taiko Nakamura, Long, whiskies, Sotheby's, Shinji Fukuyo, Casey Wahl, Kamui, Shizuoka's Nakamura, Miral Organizations: REUTERS, Suntory, trailblazer, Nikka, Asahi Group, Japan's, Japanese distillers, Diageo, IJW Whiskey, Nikkei, Thomson Locations: Shizuoka, Shizuoka Prefecture, Japan, Yamazaki, Scotland, Hong Kong, Japanese, Komasa Kanosuke, Kentucky, Hokkaido, American, Rishiri

☆ Opinion | Before Hillary Clinton, There Was Rosalynn Carter
▼ + stars: | 2023-11-21 | by ( Azadeh Moaveni | ) www.nytimes.com time to read: +4 min

Mrs. Carter had the canny instincts to know that a player who courts influence requires a court. Mrs. Carter’s charismatic press secretary, Mary Hoyt, led the fight for decent East Wing salaries, despite stiff opposition. President Carter was demanding sacrifice from all Americans and turning down the heat in the White House to cut costs. Feminists like Gloria Steinem faulted Mrs. Carter for not being sufficiently outré in her activism. “She creates neither love nor hate.”Neither America nor Washington was quite ready for Mrs. Carter at the time.

Persons: Carter, —, Mary Hoyt, Hoyt, Carter’s, Ford, ”, Kennedy, Gloria Steinem, “, Steinem, United Press International’s Helen Thomas, pettiness, Nancy Reagan, Katharine Graham, Andy Warhol, Mr Organizations: East Wing, Southern Baptist, White, United Press, Democratic Locations: Israel, Egypt, Washington, America, Wing, clogs, Georgetown, Georgia, Plains , Ga

ATLANTA (AP) — Former first lady Rosalynn Carter, the closest adviser to Jimmy Carter during his one term as U.S. president and their four decades thereafter as global humanitarians, has died at the age of 96. Fiercely loyal and compassionate as well as politically astute, Rosalynn Carter prided herself on being an activist first lady, and no one doubted her behind-the-scenes influence. After Ronald Reagan won the 1980 election, Rosalynn Carter seemed more visibly devastated than her husband. “We developed a partnership when we were working in the farm supply business,” Rosalynn Carter recalled with pride in a 2021 interview with The Associated Press. He listens to her.”Ceremonies celebrating the life of Rosalynn Carter will take place after the Thanksgiving holiday in Atlanta and Sumter County, Georgia, the Carter Center announced Sunday evening.

Persons: —, Rosalynn Carter, Jimmy Carter, “, “ Rosalynn, Joe Biden, ”, ” Biden, Jill Biden, Carter, Rosalynn, ” Jimmy Carter, shakeup, Carters, Jimmy Carter’s, Eleanor Roosevelt, We've, Jimmy, Ronald Reagan, Bess Truman, Eleanor Rosalynn Smith, Lillian Carter, John William, Jack, James Earl III, Donnel Jeffery, Jeff, Amy, Carter's, James Earl Sr, ” Rosalynn Carter Organizations: ATLANTA, Carter, Air Force, House, Mental Health, Georgia, White, Habitat, Humanity, Naval Academy, Georgia Southwestern College, Associated Press, Jimmy Carter Presidential Library and Museum Locations: Georgia, Plains, “, Norfolk , Virginia, Washington, Latin America, Atlanta, Guinea, Annapolis , Maryland, Annapolis, Portsmouth , Virginia, Honolulu, New London , Connecticut, Sumter County , Georgia

☆ Guinness Maker’s Morning After Offers Little Reassurance
▼ + stars: | 2023-11-16 | by ( Aaron Back | ) www.wsj.com time to read: 1 min

Diageo’s brands include Johnnie Walker Scotch whisky, Tanqueray gin and Guinness beer. Photo: ANDREW KELLY/REUTERSGlobal liquor giant Diageo is reeling from the sudden death of its longtime chief executive in June followed by a profit warning last week that tanked the stock. But its real problem is more fundamental: the slow pace of sales in North America after an initial, post-Covid surge.

Persons: Johnnie Walker Scotch, ANDREW KELLY Organizations: REUTERS Global, Diageo Locations: North America

☆ Here’s a rapid-fire update on all 35 stocks in our portfolio, including a new industrial
▼ + stars: | 2023-11-15 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +14 min

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Honeywell International (HON): This is the most undervalued stock in our portfolio, Jim said. In a diversified stock portfolio, Jim said there's always room for high-quality companies like P & G, which also has a track record of raising its dividend. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club.

Persons: Jim Cramer's, Jim, Bausch, That's, Dupont De Nemours, Dupont, Danaher, Walt Disney, Estee Lauder, Locker, Vimal Kapur, we're, We've, we've, Linde, Eli Lilly, Eli, hasn't, Mark Zuckerberg, Meta's, Zuckerberg, Morgan Stanley, Morgan Stanley's, Ted Pick, James Gorman, he's, there's, Patience, Stanley Black, Decker, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Amazon Web Services, Broadcom, VMWare, Bausch Health, Caterpillar, Costco Wholesale, Coterra Energy, Disney, Eaton Corp, Emerson, Ford, Union Auto Workers, GE Healthcare Technologies, General Electric, GE, Management, Google, YouTube, Honeywell International, Honeywell, Linde, LIN, Reality Labs, Microsoft, Nvidia, U.S, Oracle, Palo Alto Networks, Procter & Gamble, Starbucks, Constellation Brands, Corona, Modelo, Stanley, TJX, Wynn Resorts, WYNN, Trust Locations: China, India, Salesforce's, redeploy

These are then smuggled into the United States, the officials say. Last month, the United States imposed sanctions on 28 people and entities involved with the international proliferation of illicit drugs, including a large China-based network. Biden is also due to meet with Mexican President Andres Manuel Lopez Obrador in San Francisco. In San Francisco, state and local officials have tried to clean up drugs from the city's streets, with limited success. "We know San Francisco - and cities across the United States - will benefit from more targeting of the trafficking and production of fentanyl worldwide," a spokesperson for Breed said in a statement.

Persons: Joe Biden, Xi Jinping, Biden, Xi, Mike Odeh, Jake Sullivan, Washington, General Merrick Garland, Andres Manuel Lopez Obrador, Alicia Barcena, Brooke Jenkins, Mayor London Breed, Breed, Michael Martina, Sayantani Ghosh, Michelle Nichols, Josie Kao Organizations: Customs, Port, U.S . Customs, FRANCISCO, U.S, Economic Cooperation, United, city's, APEC, U.S . Centers for Disease Control, Prevention, . National, Washington, Biden, Institute of Forensic Science, China's Ministry of Public Security, Commerce, San Francisco . Mexican Foreign, Mayor London, Thomson Locations: Arizona, Mexico, Nogales , Arizona, U.S, Asia, Pacific, San Francisco, United States, China, CHINA, MEXICO, Washington, San Francisco . Mexican, Francisco's

☆ Premarket stocks: Why the American Whiskey industry is freaking out
▼ + stars: | 2023-11-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Between June 2018 and December 2021 there was a 25% tax imposed on the spirit, which decreased American whiskey exports by 18%. American whiskey exports to the EU jumped 118% in the first half of 2023 when compared to the same period in 2022. They went back and forth until 2021 when the tariffs on American whiskey were suspended and we took a great sigh of relief. The Biden administration’s leadership and efforts on this have enabled the suspension of tariffs on American whiskey and all distilled spirits products, but we are rightly anxious because a 50% tariff on American whiskey would be beyond devastating to exports. Since those tariffs have been suspended, we’ve seen American whiskey exports rebound to beyond pre-pandemic levels.

Persons: Bell, Chris Swonger, Donald Trump, Joe Biden, Ursula von der Leyen, we’re, Biden, We’ve, we’ve, It’s, Gina Raimondo, ” Raimondo, CNN’s Christiane Amanpour, Raimondo, ”, Read, Bill Ackman, Leslie Wexner, —, “, Claudine Gay, Dean, Harvard College Rakesh Khurana, Gay Organizations: CNN Business, Bell, New York CNN, EU, European Commission, European Union, Biden administration’s, US, China, Commerce Department, Harvard, Harvard University, Pershing, Harvard College, Harvard College Jewish Alumni Association, ” Harvard, “ Harvard, Council, Advancement Locations: New York, United States, EU, China, Taiwan, Israel

☆ Spirits giant Diageo's shares suffer Latin American hangover
▼ + stars: | 2023-11-10 | by ( Eva Mathews | ) www.reuters.com time to read: +2 min

"Macroeconomic pressures in the region are resulting in lower consumption and consumer downtrading," the world's biggest spirits maker said. Last month, Mexico's Becle (CUERVO.MX), the world's largest tequila producer, said economic challenges in Europe and Latin America were slowing customer spending on liquor, which battered its profits. "Over time, as inflation moderates and productivity from our supply agility program flow through, we expect operating profit to grow ahead of organic net sales growth," Diageo said. Diageo narrowly beat earnings estimates for the year ended June 30, as sales of its more expensive liquor brands offset lower volumes. Reporting by Eva Mathews in Bengaluru; Editing by Rashmi Aich, Emelia Sithole-Matarise and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Clodagh, Johnnie Walker, Julio, Sophie Lund, Yates, Hargreaves Lansdown, Mexico's, Eva Mathews, Rashmi Aich, Emelia, Alexander Smith Organizations: REUTERS, Caribbean ., Diageo, Thomson Locations: Dublin, Ireland, North America, Africa, Latin America, Europe, America, Bengaluru

Data released on Thursday showing a drop in consumer prices to their lowest since the COVID-19 pandemic has increased the doubts in China's economic rebound after some months of indicators showing growth stabilising. China's big online shopping platforms did not release final sales figures for 2022, when analysts said COVID-19 restrictions inhibited spending and consumer confidence. Some indicators point to a slowdown in Singles Day sales. Data provider Syntun estimated e-commerce platforms sold 311 billion yuan of products from Oct. 31 to Nov. 3, a 7.1% decrease year-on-year. For Tan Jiapeng, a 35-year-old office worker in Beijing, his only Singles Day purchase so far has been a Descente winter jacket, an "essential purchase" for the winter.

Persons: Florence Lo, Jason Yu, Kantar, COVID, Bain, Jacob Cooke, Nomura, Tan Jiapeng, Tan, Casey Hall, Sophie Yu, Marius Zaharia Organizations: REUTERS, Rights, HK, PDD Holdings, Company, Technologies, Thomson Locations: Rights BEIJING, China, Beijing

MADISON, Wis. (AP) — In Wisconsin, the old fashioned cocktail comes with brandy, not bourbon. A bipartisan resolution declaring the brandy old fashioned as the official Wisconsin state cocktail was up for approval Thursday in the state Assembly. Political Cartoons View All 1237 ImagesSome efforts to declare official state symbols in Wisconsin, like Colby as the official cheese, have run into opposition. But the old fashioned resolution will have a much smoother path. But in Wisconsin, brandy traditionally replaces whiskey — and it's most often poured over a mixture of muddled cherries, orange slices, sugar and bitters.

Persons: Colby, “ Organizations: —, Assembly, Senate Locations: MADISON, Wis, — In Wisconsin, Wisconsin, Alabama, Virginia, Israel, brussels

☆ Hong Kong's IPO market is still in a slump despite an expected rebound
▼ + stars: | 2023-11-06 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Hong Kong Street Scene, Mongkok District with busses Nikada | E+ | Getty ImagesHong Kong's initial public listing market remains in a slump, even as analysts predicted a market rebound in the second half of the year. "The Hong Kong market has not recovered as much as we would like," Irene Chu, partner at KPMG China, told CNBC. In the first three quarters of the year, the Hong Kong IPO market concluded 44 listings, and raised 24.6 billion Hong Kong dollars ($3.14 billion), according to KPMG. Hong Kong's stock market was among the worst performing last year, shedding 15% in 2022 for its third-straight year of declines. "The Hong Kong stock market remained weak in Q3 2023, as did stock valuations, because of macroeconomic developments, in particular around U.S. interest rate hikes.

Persons: Irene Chu, Hong, Ringo Choi, EY, Zhejiang Leapmotor, Arun George, It's, Chu Organizations: Hong, KPMG China, CNBC, Hong Kong, KPMG, Hang Seng, J, T Express, Reuters, Deloitte, Hong Kong's, ZJLD, Onewo, Global Equity Research, International Monetary Fund Locations: Hong, Mongkok District, Hong Kong, Ringo Choi Asia, Pacific, Asia, Indonesian, Zhejiang, China, Shanghai, Shenzhen, KPMG China, —

☆ Ukraine Commander Says Assistant Killed by Booby-Trapped Gift
▼ + stars: | 2023-11-06 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Ukraine's Commander-in-Chief said on Monday that his assistant, a major in rank, was killed when a booby-trapped birthday present he had been given exploded. "My assistant and close friend, Major Hennady Chastyakov, was killed in tragic circumstances on his birthday in a family setting," General Valery Zaluzhnyi wrote on the Telegram messaging app. The Ukrainska Pravda online news outlet said a security source was told by Chastyakov's wife that the gift was a bottle of liquor in the form of a grenade that he had brought home. The source told Ukrainska Pravda that Chastyakov, 39, was a graduate of a military academy and fully trained in handling grenades. President Volodymyr Zelenskiy had denied any suggestion that the war has entered into a stalemate.

Persons: Major Hennady Chastyakov, Valery Zaluzhnyi, Chastyakov's, Ukrainska, Zaluzhnyi, Volodymyr Zelenskiy, Ron Popeski, Bill Berkrot Organizations: Reuters, Ukraine's, Pravda, Ukrainska Pravda, Economist

☆ Russian soldiers killed a Ukrainian family of 9 for refusing them moonshine liquor, reports say
▼ + stars: | 2023-11-04 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Two Russian soldiers are being investigated for murdering a Ukrainian family. Reports say that they had a dispute over the soldiers demanding moonshine liquor. Throughout the conflict there have been multiple reports of Russian soldiers heavily consuming alcohol. AdvertisementAdvertisementTwo Russian soldiers are being investigated for killing a Ukrainian family, possibly in revenge for not giving them moonshine, according to reports. Throughout the conflict, there have been multiple reports of Russian soldiers heavily consuming alcohol and drugs.

Persons: —, Putin, Ramzan Kadyrov Organizations: Service, Russian Investigative, Russian Telegram, Chechen, Russian Army, Astra, Russian Investigative Committee, Russian, Separate Naval Infantry Brigade, for Locations: Ukrainian, Donetsk, Russian, Chechen, Russia, Ukraine, Chechnya, Russia's North Caucasus

☆ 19 Best Gifts for the Tea Lovers in Your Life
▼ + stars: | 2023-11-02 | by ( Sarah Rose | ) www.wsj.com time to read: +10 min

For people who also drink coffeeSugar Wish The Coffee & Tea Sugarwish $45 at SugarwishThis Sugarwish coffee and tea gift box is a great option for anyone who loves coffee just as much as they love tea. Desains suggests a porcelain tea pot clad in stainless steel to keep a quality tea warm for hours. Alternately, make a tea concentrate by doubling the amount of tea leaves in hot tea, then pouring it over ice. For a twist on matchaIppodo Tea Genmaicha Green Tea $15 at AmazonIf you love matcha but want to try something new, you might enjoy this Genmaicha green tea from Ippodo Tea. It’s lighter than matcha and is made by blending green tea leaves with roasted rice, so it has a distinct flavor.

Persons: Sarah Rose, ”, “, Abigail St, Clair, St, Maria Uspenski, Tea Forte, Marmalade, Winter, Steve Schwartz, Ui, Kristen Chase, There’s, Ottilie Cunningham, Fortnum, Mason, Alex Monroe, Franck Desains, Waris, Elisabeth Noel Jones, Joshua Kaiser, Milwaukee’s Rishi, —, Cindy Sherman, Madame de Pompadour, French King Louis XV, Heidi Johannsen Stewart, Van, Brandon Friedman, Obama, ” Friedman, “ Matcha, Catherine Jue, Tekuno, Emeric Harney, Harney, ORLA KIELY, Ravi Kroesen, Smith, Orla Kiely, Jessie Dean, Katie Kitamura Organizations: Tea Bella Tea Company, Art, Mariages Freres, Desains, Amazon The, MET, Bellocq, Metropolitan Museum of, Amazon, 187th, Tea, Asheville Tea Company Locations: China, Tampa , Fla, Clair, Darjeeling, it’s, Boulder, Colo, chai In India, Los Angeles, Philadelphia, Paris, Brooklyn, U.S, Iraq, Afghanistan, Dallas, San Francisco, New York, Portland ,, North Carolina

WHY WE’RE HEREWe’re exploring how America defines itself one place at a time. Halloween has become part of the identity of Salem, Mass., which attracts huge crowds and results in a lot of litter. Oct. 29, 2023The list of public nuisances in Salem., Mass., in high Halloween season is long and weird: Rowdy crowds imperiling 17th-century gravestones. Skirmishes over parking spaces at Gallows Hill or the Museum of Torture. Weary of the crunchy plastic carpet underfoot — and wary of their appeal to teens and closet drinkers — a growing roster of cities and towns is moving to ban nips altogether.

Persons: ” Organizations: imperiling, Museum of Locations: Salem, nuisances, Salem ., Massachusetts

☆ Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debut
▼ + stars: | 2023-10-27 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

The logistics service provider traded at 11.84 Hong Kong dollars ($1.51) on Friday morning, after opening at HK$12. The HK$3.92 billion ($500 million) IPO is the second largest listing in Hong Kong this year, after premium Chinese liquor company ZJLD Group . J&T Express is listing in an uncertain economic environment, characterized by hiking inflation, high interest rates and ongoing conflict such as the Israel-Hamas war and Ukraine invasion. Hong Kong's global IPO ranking dropped to eighth following a historically slow third quarter," said KPMG in a report published on Oct. 9. "The IPO pricing is dropping significantly by more than 50% or even 70%."

Persons: Irene Chu, Ringo Choi Organizations: T Express, Hong, HK, ZJLD Group, KKR, SF Express, Temasek, T, KPMG, KPMG China, CNBC, Reuters . Companies Locations: Hong Kong, U.S, Sequoia, Israel, Ukraine, Asia, Pacific

☆ South Korea: Itaewon crush haunts survivors one year after Halloween crowd disaster
▼ + stars: | 2023-10-27 | by ( Heather Chen | ) edition.cnn.com time to read: +9 min

CNN —Hye Minyi can still vividly recall what happened in Itaewon, South Korea, on the night of October 29, 2022. Whether the disaster in Itaewon last year will put a dent in this growing popularity is yet to be seen. “We are extremely concerned that there could be a repeat of the Itaewon tragedy,” said Shibuya mayor Ken Hasebe. The Itaewon crowd crush was South Korea’s worst peacetime disaster since the sinking of a ferry in 2014 killed 304 people – among them 250 students and teachers from the Danwon State High School. Lee is certain of one thing, however – that she is “never going back to the area again.”“For me, Halloween and the Itaewon tragedy are (inextricably) linked,” she said.

Persons: CNN — Hye, Amy, Hye, ” Hye, ”, “, Anthony Wallace, expats, Ken Hasebe, Hasebe, ” Hasebe, overtourism, Yuya Shino, Critics, Jung Yeon, Yoon Suk, Kim Kun, Chung Sung, Lee, Kim Ho, Lee Sang Organizations: CNN, Getty, “, Reuters, Danwon State High School, South Korean, Seoul Metropolitan Government, South, City, Facebook, Interior, Safety Locations: Itaewon, South Korea, Seoul, AFP, Asia, Tokyo, Taipei, Hong Kong, Shanghai, Singapore, Japan, Shibuya, “, Tokyo's Shibuya, Guangzhou, China, South, Danwon, Yongsan

☆ How Truths Are Told at a Liquor Store in ‘The Holdovers’
▼ + stars: | 2023-10-27 | by ( Mekado Murphy | More About Mekado Murphy | ) www.nytimes.com time to read: 1 min

In “Anatomy of a Scene,” we ask directors to reveal the secrets that go into making key scenes in their movies. You can also watch our collection of more than 150 videos on YouTube and subscribe to our YouTube channel. It’s time to come clean in this sequence from “The Holdovers,” a comedy set in 1970 during the holiday break at an all-boys boarding school. At one point, the two leave campus for a trip to Boston where Paul runs into, and lies to, an old college acquaintance. Angus confronts his teacher about the lie in this scene in a liquor store that plays out primarily in one take.

Persons: ”, Angus Tully, Dominic Sessa, Paul Hunham, Paul Giamatti, Paul, Angus Organizations: YouTube Locations: Boston

MEXICO CITY, Oct 26 (Reuters) - Mexican distiller Becle (CUERVO.MX), the world's largest tequila producer, lost $1.54 billion in market capitalization from a share selloff on Thursday after a stronger peso battered profits. Mexican firms' foreign income was devalued by gains in the peso, which strengthened 14% to the dollar over the year ending Sept. 30. Becle said it would continue shifting into the premium-priced liquor market and planned capital spending in the lower range of $200 million to $225 million this year. When stripping out the effects of foreign exchange, annual sales should still grow by a high-single digit percentage, Becle said. ($1 = 18.1430 Mexican pesos)Reporting by Sarah Morland; Editing by Kylie Madry and Rod NickelOur Standards: The Thomson Reuters Trust Principles.

Persons: Becle, Jose Cuervo, Gordon Dron, Morgan, Sarah Morland, Kylie Madry, Rod Nickel Organizations: MEXICO CITY, Itau, J.P, Thomson Locations: MEXICO, U.S, Europe, America

Search resuls for: "Liquor"

25 mentions found