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☆ T’s Holiday Gift Guide: Chile Flakes, Cookie Candles and More
▼ + stars: | 2023-11-16 | by ( Jameson Montgomery | ) www.nytimes.com time to read: +1 min

One of my go-to gifts over the years has been flavored salt — always useful on popcorn or around the rim of a margarita, I figure — but this season I plan to present my loved ones with a different addition to their pantry: chile flakes. Easily slotted into a stocking or attached to a larger gift (a backyard pizza oven, say, or a spice drawer organizer), chile flakes are another one of those kitchen staples that can be noticeably improved when done thoughtfully. Pizza Marvin, a Providence, R.I., pie shop that combines a nostalgic neighborhood feel with careful attention to ingredients, makes its own fragrant mix using locally grown peppers. The Athens-based herb purveyor Daphnis and Chloe sells a jar of flakes made out of Karatzova peppers that have been smoked for 10 days before being crushed by hand. (If your recipient becomes obsessed, next year you can give them a bulk jar.)

Persons: margarita, Pizza Marvin, Chloe, chiles Organizations: Los, Chengdu Locations: Providence, R.I, Athens, Los Angeles

☆ Best Black Friday Fitness Deals 2023
▼ + stars: | 2023-11-15 | by ( Ian Salisbury | ) www.wsj.com time to read: +2 min

And, since quality gear—from treadmills to fitness trackers—usually requires a big investment, these sale items can mean big savings. Fitness tracker dealsWhether you’re training for your next marathon or merely aiming to get your steps in while walking the dog, logging your activity is key. A great fitness tracker can help you take pride in your progress and enable you to set goals for the future. Apple Apple Watch Series 9 $349 at Walmart $ 390 Save $ 41 $399 at Apple Form meets function in the Apple Watch Series 9. Deals on treadmills, exercise bikes and more serious gearExercise machines can help you reach your fitness goals faster.

Persons: Ian Salisbury, you’re Organizations: Ian Salisbury Black, Garmin Epix, Amazon, Garmin, Apple Apple, Walmart, Apple, Black, Apple AirPods Locations: treadmills

☆ Baidu CEO warns China's rush to develop AI models risks wasting resources
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

[1/2] Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. "A large language model itself is a basic foundation akin to an operating system, but ultimately developers need to rely on a limited number of large models to develop various native applications. Li said there are many large models in China, but AI applications developed based on large models are still very few. Baidu's own large language model, called Ernie, was opened to public use in August, joining other products that have received government approval for release. Last month, Baidu unveiled the newest version of its generative AI model Ernie 4.0, whose first version was first rolled out in March.

Persons: Florence, Robin Li, OpenAI, Li, Ernie, Yelin, Brenda Goh, Eduardo Baptista, Kim Coghill Organizations: Baidu, REUTERS, Rights, HK, Thomson Locations: Beijing, China, Rights BEIJING, Shenzhen, Yelin Mo, Shanghai

☆ As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks
▼ + stars: | 2023-11-13 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Melissa Repko | CNBCIn the Harlem neighborhood of New York City, Target 's first store to open in Manhattan has permanently shut its doors. This week, Target for the first time since the surprise store closures will update investors on its sales trends and efforts to overcome a string of challenges. Some other retailers, such as Nordstrom and Walmart , have also shut stores in major cities — though they have not specifically blamed theft. A bumpy ride for TargetFor more than a year, Target has endured rocky sales and stock performance. Target cut its full-year forecast in August, after already warning investors it expected lower sales than a year ago.

Persons: Melissa Repko, John Mulligan, Paul, Target's Mulligan, Greg Melich, They've Organizations: CNBC, NRF, Target, Nordstrom, Walmart, Evercore ISI Locations: Harlem, New York City, Manhattan, New York, Minneapolis, St, Chicago, San Francisco, Seattle, Portland

☆ I quit my job at a brand-new Dollar General store after facing flooding, broken freezers, and frosty bathrooms
▼ + stars: | 2023-11-12 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Dollar General plans to open nearly 1,000 stores this year as it approaches 20,000 stores in the US. AdvertisementAdvertisementThis as-told-to story is based on a conversation with a former Dollar General employee in Minnesota who worked at a store that opened in 2021. So when the Dollar General store opened there, it got a lot of business. The first day I worked there, we were supposed to stock the shelves before the store opened. AdvertisementAdvertisementDo you work at a Dollar General store and have a story to share?

Persons: —, freezers, that's Organizations: Service, Dollar, Walmart Locations: Minnesota, there's

☆ Private equity superstores overstock the shelves
▼ + stars: | 2023-11-08 | by ( Liam Proud | ) www.reuters.com time to read: +8 min

LONDON, Nov 8 (Reuters Breakingviews) - Private equity investors seem happier these days shopping for returns at specialty shops over supermarkets. U.S. private equity funds raised some $240 billion in the first nine months of 2023, according to research outfit PitchBook, 13% less than a year earlier. New York-based CD&R in August raised $26 billion for its 12th-generation private equity fund while Eurocentric CVC managed an even more eye-popping $29 billion in July. A better explanation, from the consultants who advise LPs on where to put their cash, is that private equity supermarkets may be cannibalising themselves. Until they can prove otherwise, the more scattered private equity superstores risk losing more ground to the specialists.

Persons: Clayton, Blackstone, Steve Schwarzman, Marc Rowan, don’t, Rowan, Rob Lucas, Blackstone’s, they’re, Lucas, Jeffrey Goldfarb, Thomas Shum Organizations: Reuters, Rice, CVC Capital Partners, Apollo Global Management, Blackstone Capital Partners IX, “, IX, CVC, Apollo, Blackstone, U.S, Thomson Locations: Dubilier, New York, Blackstone, Asia, Luxembourg, Europe, Americas

He also lowered his price target by $6 to $120, implying just 3.9% upside from Tuesday's close. Analyst Shaun Kelley has a $40 price target on shares, implying shares could gain 11.4% from Tuesday's close. Rivian shares jumped more than 7% after the company increased its production forecast for the full year by 2,000 units to 54,000. Datadog shares have produced zero return over the past three years, Murphy noted, with shares down 9% since Oct. 15, 2020. UBS has a neutral rating on Apple and a price target of $190 per share, which implies upside of 4.5%.

Persons: Cowen downgrades Estee, TD Cowen, Estee Lauder, Oliver Chen, Chen, — Hakyung Kim, Shaun Kelley, Kelley, Goldman, Goldman Sachs, Neil Mehta, Mehta, There's, Colin Langan, Langan, Piper Sandler, Alexander Potter, Potter, Rivian, Mark Delaney, Morgan Stanley, Jonas, Mark Murphy, Murphy, David Vogt, Vogt, Fred Imbert Organizations: CNBC, Tech, UBS, JPMorgan, Revenue, Asia, Bank of America, Industry, Mehta ., Wall Street, Rivian, pullbacks, Pro, Pro Max, Apple Locations: China, Asia Pacific, Europe, Middle East, Africa, Tuesday's, U.S

☆ China's biggest shopping festival is set for a tepid 2023, survey finds
▼ + stars: | 2023-11-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Nurphoto | Nurphoto | Getty ImagesBEIJING — Most consumers in China are planning to keep a lid on spending during this year's Singles Day shopping festival, which ends Nov. 11. That's according to a survey of more than 3,000 consumers in the country by Bain and Company, released Tuesday. Originally launched by Chinese e-commerce giant Alibaba , Singles Day has expanded from a one-day shopping festival into a multi-week period of shopping promotions across different online platforms in China. Bain estimates that including other platforms, Singles Day e-commerce GMV rose by 3% to 934 billion yuan ($128.25 billion) in 2022. When factoring in another 181 billion yuan in livestreaming and content-led e-commerce, the total GMV for last year's festival topped 1 trillion yuan ($140 billion), the report said.

Persons: Bain, —, James Yang, Yang, Livestreaming Organizations: Nurphoto, Getty, Bain and Company, Bain, Adobe Analytics Locations: Lianyungang, East China's Jiangsu Province, BEIJING, China, Chinese

☆ Vitamin C and D supplements aren't a magical remedy, doctor says: Use these 5 tried-and-true immuno-boosters
▼ + stars: | 2023-11-07 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

But does that mean stocking up on vitamin C and vitamin D? and that's where the role of vitamin supplementation comes into play," Ben-Aderet says. "Truth is, there's never been any proven clinical benefit for vitamin supplementation in individuals that are able to get a normal, healthy diet and don't have a clinical vitamin deficiency. DON'T MISS: Do Americans have a vitamin D problem? Here’s what health experts say: ‘You have to be really careful’Though he notes that some people have severe, medical vitamin C and vitamin D deficiencies — which can lead to swollen, bleeding gums or bone fractures — and for those individuals, vitamin supplementation is a very effective and necessary measure.

Persons: Michael Ben, Ben, Aderet, there's Organizations: Sinai Medical Locations: America

I have a separate short-term savings account that I automatically put $10 in every week for gifts. While I do buy some gifts closer to the holidays (especially for kids), I buy items on sale all year. This is where I keep a gift fund. I don't have a firm budget for how much I spend each month, but I typically pull from my gift fund or my splurge fund from such purchases. Plus, I've received sundry items for gifting, such as stuffed animals, treat bags, gift boxes, baskets, and stocking stuffers.

Persons: —, pare, I've, I'm Organizations: Service, Black

☆ The holiday spending outlook is sluggish across thousands of retailers: CNBC Supply Chain Survey
▼ + stars: | 2023-11-06 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

Photographer: Christopher Dilts/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesAs holiday shopping season begins, lack of big orders from retailers is the rule amid fears that consumer spending will be weak, according to a new CNBC Supply Chain Survey. At the CNBC Evolve Global Summit last Thursday, Target CEO Brian Cornell said the company is doubling down on its cautious outlook for the holiday season. The CNBC Supply Chain Survey was conducted October 21-October 31 among logistics executives who manage freight manufacturing orders and transportation, including those at C.H. Lunar New Year and order volumes The CNBC Supply Chain Survey underscores an overall climate of uncertainty that is defining the market right now. The freight trucking recession Trucking companies get paid per load, and the low expectations for orders imply potentially lower revenue this holiday season.

Persons: Christopher Dilts, Robinson, Noah Hoffman, Hoffman, Jeremy Barnum, Brian Cornell, Raj Subramaniam, restocking, Kuehne, Nagel, Paul Brashier, Tim Robertson, Robertson, Brian Bourke, Elmer Buchta, Jeff Bezos, Uber, Brashier, Berkshire Hathaway, Alan Baer Organizations: Bloomberg, Getty Images Bloomberg, Getty, CNBC Supply Chain Survey, North American Surface Transportation, CNBC, Global, FedEx, Chain Survey, SEKO Logistics, USA, ITS Logistics, Amazon, Maersk, Logistics, Convoy, Tank Transport, U.S ., Union Pacific, BNSF, Norfolk Southern, CSX Locations: Chicago , Illinois, C.H, U.S, China, United States, Montana, Indiana, Panama, West Coast, U.S . West Coast, Los Angeles, Berkshire, West, East Coast

☆ 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

☆ A slower holiday sales season won't be a problem for these 4 consumer companies
▼ + stars: | 2023-11-02 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Holiday sales growth is expected to be sluggish this year as shoppers continue to get squeezed by sticky inflation. "Shoppers are setting strict budgets for their holiday shopping," BofA said in a recent note. And, on Wednesday evening, the company said October net sales rose 4.5% year-over-year to $18.53 billion, continuing a streak of monthly sales growth. TJX YTD mountain TJX Companies YTD TAG expects holiday sales at off-pricers to grow 6% year over year, which would be faster than last year's 4.3% increase. Black Friday and Cyber Monday will remain popular holiday shopping events, the analysts anticipate, as more shoppers spread out their holiday purchases.

Persons: BofA, discounters, Andy Jassy, Jim Cramer's, Jim Cramer, Jim, Eduardo Munoz Organizations: Club, Bank of America, Shoppers, Starbucks, Costco, TJX Companies, BofA, China comps, comps, TJX, Marshalls, TAG, Amazon, Deal, CNBC, People Locations: China, China comps ., Maxx, HomeGoods, U.S, Canada, New York City

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Apple, AbbVie, Chevron, Krispy Kreme, Roku and more
▼ + stars: | 2023-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Monday: JPMorgan upgrades Eastman Chemical to overweight from neutral JPMorgan said it sees an earnings rebound for Eastman Chemical. Bank of America reiterates Roku Bank of America said it's standing by its buy rating heading into earnings later this week. JPMorgan downgrades Olin to neutral from overweight JPMorgan downgraded the chemical company citing concerns about reduced product demand. " JPMorgan downgrades Valley National to neutral from overweight JPMorgan downgraded the regional bank mainly on valuation. Bank of America initiates Cooper Companies as buy Bank of America said the contact lens company is well positioned. "

Persons: Bernstein, Tesla, underperform Bernstein, Morgan Stanley, Apple, it's, Pinterest, Raymond James downgrades, Raymond James, TD Cowen, Decker, Baird downgrades Datadog, Baird, JPMorgan downgrades Newell, JPMorgan downgrades Olin, Olin, Harris, Hess, Truist, Piper Sandler, Piper, Oppenheimer, Goldman Sachs, Okta, Goldman, Wolfe Organizations: JPMorgan, Eastman Chemical, Barclays, Bank of America, Roku Bank of America, Apple, Citi, Raymond James downgrades Cisco, Cisco, Stanley Black, JPMorgan downgrades, JPMorgan downgrades Newell Brands, Newell Brands, UBS, East West Bancorp, Chevron, of America, Cooper Companies, Microsoft, MSFT, Deutsche Bank, Nvidia, Deutsche, Broadcom Locations: China, Okta

[1/2] The logo of Temu, an e-commerce platform owned by PDD Holdings, is seen on a mobile phone displayed in front of its website, in this illustration picture taken April 26, 2023. Shein's lawsuit against Temu, filed last December in the U.S. District Court for the Northern District of Illinois, alleged that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. In July, Temu filed its own lawsuit in Boston federal court, accusing Shein of violating U.S. antitrust law in its dealings with clothing manufacturers. Temu's complaint alleged Shein "forces manufacturers to sign loyalty oaths certifying that they will not do business with Temu." Temu, whose parent company PDD Holdings also owns Chinese shopping platform Pinduoduo, similarly sells low-priced clothing but is equally well known for stocking cheap headphones and home appliances.

Persons: Florence Lo, Shein, Temu, Casey Hall, Christian Schmollinger Organizations: PDD Holdings, REUTERS, Rights, Northern, Northern District of, Temu, HSBC, Thomson Locations: U.S, Chicago, Boston, Northern District, Northern District of Illinois, China, Europe, Asia

☆ Amazon stock swings after a great quarter underscore our golden rule during earnings season
▼ + stars: | 2023-10-26 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Operating income increased over 340% to $11.12 billion, significantly exceeding forecasts of $7.7 billion, according to FactSet, and above the high-end of management's guidance. As a result, the operating income estimate is a more telling metric on how Amazon fared relative to Wall Street's expectations — and make no mistake, it was strong. In the Companywide part of the table, the cost of sales line-item came in above expectations at $75 billion. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Andy Jassy, Jassy, that's, it's, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Amazon, Services, Revenue, LSEG, Rivian Automotive, Management, North, CNBC, Lightrocket, Getty

☆ In Brooklyn, a Honduran-Inspired Backyard Dinner
▼ + stars: | 2023-10-25 | by ( Mahira Rivers | ) www.nytimes.com time to read: +1 min

On a warm evening, not long before her guests were set to arrive, Cathleen O’Neil, 30, was stocking the bar for a dinner party at her home in Williamsburg, Brooklyn, while her co-host, the chef Feisal Lagos, 39, was hastily adding the finishing touches to his handwritten menu. During the pandemic, they missed the collaborative thrill of hosting and came up with the idea for the Regathering, a dinner series that would allow them to reunite with their circle. Their first meal, in July 2021, was a celebration of the end of social distancing, held in the backyard of O’Neil’s apartment building. “We needed to get out, to see our friends,” said O’Neil. “But we also both take what we do very seriously.” They served an ambitious menu of raw oysters with granita and grilled tilefish.

Persons: Cathleen O’Neil, Feisal, ”, “, O’Neil, Chan, Camille Becerra Organizations: CONeil Productions, New Locations: Williamsburg , Brooklyn, New York

MOSHCHUN, Ukraine (AP) — In the humble backyard of a destroyed house, a 13-year-old chops firewood to get ready for winter. His mother, Tetiana Yarema, has been preparing for months as she remembers last winter’s Russian strikes on the energy infrastructure that plunged Ukraine into darkness. For the Yarema family, like millions of other Ukrainians touched by Russia’s war on Ukraine, winter is an especially challenging time. The strikes impacted almost a half of Ukraine’s energy capacity. After a lull of six months, Ukraine's energy system sustained its first attack of the season on Sept. 21, resulting in damage to facilities in the central and western regions, Ukrenergo said.

Persons: Tetiana Yarema, ”, Yarema, “, Ukrenergo, Volodymyr Zelenskyy, ” Zelenskyy, Denys Shmyhal, ” Shmyhal, Yurii Musienko, Valentyna Kiriian, DTEK, Maxim Timchenko, ” Timchenko, Andrii Horchynskyi, ” Horchynskyi, ___ Dmytro Zhyhinas Organizations: —, Private Locations: MOSHCHUN, Ukraine, Moshchun, Kyiv, Ukrainian, United States, Private Ukrainian, Maliutianka, russia, ukraine

☆ The chip stock is getting a ton of love from Wall Street, and it's not Nvidia
▼ + stars: | 2023-10-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

A major chipmaker is getting a lot of love on Wall Street — and no, it's not Nvidia . Taiwan Semiconductor Manufacturing Company posted third-quarter results Thursday that topped analysts' expectations. While the company reported its largest profit decline since 2019, it signaled a looming end to a difficult inventory correction. The Taiwan-based semiconductor company plays an integral role in the attention-grabbing artificial intelligence chipmaking industry, supplying products to Apple , Nvidia and Advanced Micro Devices . However, now may mark an opportune time for long-term investors to get into a company poised to experience mid- to high-teens growth in 2024.

Persons: Goldman Sachs, Bruce Lu, Lu, Brad Lin, Gokul Hariharan, Hariharan, — CNBC's Michael Bloom Organizations: Nvidia, Taiwan Semiconductor Manufacturing Company, Taiwan Semiconductor, Apple, Bank of America, JPMorgan Locations: 2024E, Taiwan, China, U.S

☆ Kohl’s holiday look previews the retailer’s plans to snap out of sales slump
▼ + stars: | 2023-10-19 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +8 min

Melissa Repko | CNBCAs shoppers head to Kohl's stores this holiday season, they will see gift ideas, Christmas ornaments and a potential glimpse of the retailer's future. Kohl's has leaned in by opening more Sephora shops inside of its stores. It'll be a bigger part of this holiday season. A year ago, roughly half of Kohl's stores had a Sephora shop. Pet merchandise is getting more square footage at Kohl's stores.

Persons: Merchant Nick Jones, Melissa Repko, Tom Kingsbury, Michelle Gass, Levi Strauss, Kohl's, Kingsbury, Christie Raymond, Covid, Raymond said, splurge, It'll, Raymond, Sephora, it's, Nick Jones, It's, Jones, Fido Organizations: CNBC, Burlington Stores, Franchise Group, Kohl's, Marks, ASDA, Walmart, Bed Locations: Ramsey , New Jersey, Kohl's

☆ Israel Receives Ammunition From U.S.
▼ + stars: | 2023-10-19 | by ( ) www.wsj.com time to read: 1 min

The U.S. shipped nearly a million rounds of 7.62mm ammunition and tens of thousands of 30mm rounds earlier this week to Israel, a U.S. defense official said, suggesting the Israeli military is stocking up on ammunition ahead of an expected ground invasion of Gaza.

Organizations: U.S Locations: Israel, U.S, Gaza

☆ Those Doritos Too Expensive? More Stores Offer Their Own Alternatives.
▼ + stars: | 2023-10-17 | by ( Julie Creswell | More About Julie Creswell | ) www.nytimes.com time to read: +1 min

For years, customers stopping at Casey’s General Stores, a convenience store chain in the Midwest, hadn’t thought twice about snagging a soda and a bag of Lay’s or Doritos chips. But over the past year, as the price of a bag of chips soared and some customers felt squeezed by the high cost of gas and other expenses, they began picking up Casey’s less-expensive store brand. So Casey’s began stocking more of its own chips, in a variety of new flavors. With supply chain issues affecting what was on the shelves, people were buying basically whatever they could find. And they kept buying even as prices soared when the food and beverage brands raised prices to maintain their profit levels while still covering rising ingredient and labor costs.

Persons: hadn’t, Casey’s, ”, Darren Rebelez Organizations: Casey’s, PepsiCo, “

☆ Best Buy will soon stop selling DVDs
▼ + stars: | 2023-10-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

Now Best Buy will stop selling DVDs and Blu-ray discs at the end of the 2023 holiday season, too. Best Buy says that streaming has made DVDs obsolete and it can use physical space in its stores and warehouses for tech products in higher demand. “To state the obvious, the way we watch movies and TV shows is much different today than it was decades ago,” Best Buy said in a statement. Best Buy does not break out its sales from DVDs, but Best Buy currently has 24,000 DVDs listed on its website. Best Buy’s exit from the market will leave Walmart, Amazon and Target as the top retailers stocking DVDs, according to Digital Bits.

Organizations: New, New York CNN, Netflix, Walmart, Amazon, Target, Blockbuster Locations: New York

☆ New RSV protections for infants hit cost, insurance hurdles in U.S. rollout
▼ + stars: | 2023-10-13 | by ( Angelica Peebles | In Angelicapeebles | ) www.cnbc.com time to read: +2 min

Two new immunizations promise to protect babies from respiratory syncytial virus – if people can find them. Providers are scrambling to offer Pfizer's vaccine, Abrysvo, to pregnant patients and Sanofi's monoclonal antibody, Beyfortus, to babies. Until now, the only preventative treatment was another monoclonal antibody called Synagis that's given once a month during RSV season, which generally runs from fall through spring. Sanofi's Beyfortus is a monoclonal antibody that's given directly to babies and provides them with immediate protection. "I know that [RSV]'s a threat to little babies, and so to have an opportunity to prevent illness in the first place is really exciting."

Persons: Michael Chamberlin, hasn't, we're, Chamberlin, that's, Erin Bakke, Graham Organizations: Pediatric Associates Locations: Carmel, Cincinnati , Ohio

☆ This 32-year-old was making $17/hour—now his side hustle brings in $500,000 a year. His top 5 business lessons
▼ + stars: | 2023-10-13 | by ( Marcus Gram | ) www.cnbc.com time to read: +3 min

But in 2018, a friend inspired me to move to Philadelphia and start a vending machine business. But in 2022, my company, Joyner Vending, hit $500,000 in sales — up from $300,000 in 2021. That means the vending machine items are discounted for employees, who each receive a prepaid card with a spending limit. There have been times where I've had to fly out to stock machines myself. After spending about $90,000 on 20 new machines, card readers, product and staffing, the colleges turned out to be a bad investment.

Persons: weren't, Marcus Gram, I've Organizations: Joyner Locations: Rochester , New York, Philadelphia, Pennsylvania

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