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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

☆ I moved to Texas from California. I was nervous to live here, but the people are friendlier than I expected.
▼ + stars: | 2023-10-26 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +4 min

Brianna Mckiddy and her husband moved in August from Southern California to Houston. I was born and raised in Southern California, but in early August, I moved to Houston with my husband. I was pretty nervous about what living in Houston would be likeI was worried people in Texas would judge me for being from California. Thankfully, Houston is a massive city , so it's not like we had to transition from Southern California to a tiny town. It makes sense to me that so many people are leaving California for TexasI think many Californians are moving to Texas to lower their cost of living.

Persons: Brianna Mckiddy, she's, —, We've, fiancé, I'm, It's Organizations: Service, Baylor College of Medicine Locations: Southern California, Houston, Texas, California

☆ Dean Phillips launches primary challenge against President Biden
▼ + stars: | 2023-10-26 | by ( Arit John | ) edition.cnn.com time to read: +10 min

CNN —Minnesota Rep. Dean Phillips announced Thursday that he is running for president, kicking off a long-shot Democratic primary challenge to President Joe Biden. “I think President Biden has done a spectacular job for our country, but it’s not about the past. Phillips is expected to formally announce his campaign Friday in Concord, where he’ll file to run in New Hampshire’s Democratic primary. Biden will not file to appear on the New Hampshire Democratic primary ballot because the state isn’t complying with the national party’s revised nominating calendar, which demoted its first-in-the-nation primary status to second. And it all points to the same thing,” Phillips told CNN after he stepped down from leadership.

Persons: Dean Phillips, Joe Biden, “, Biden, ” Phillips, Phillips, Jeff Zients, Biden “, ”, Zients, —, Steve Schmidt, Schmidt, George W, Bush, Arizona Sen, John McCain, ‘ I’m Dean Phillips, ” Schmidt, he’ll, Gavin Newsom, Gretchen Whitmer, Abigail Van Buren, Abby, ” Phillips ’, he’s, Ron Harris, I’m, Trump, Biden —, Kamala Harris, That’s, Marianne Williamson, Robert F, Kennedy Jr, Donald Trump, Kennedy, hasn’t, Karine Jean, Pierre, CNN’s Jeff Zeleny, Arlette Saenz, David Wright Organizations: CNN, Minnesota, Democratic, CBS News, House Democratic, Biden, White House, New Hampshire Democratic, New Hampshire Democrats, New, GOP, California Gov, Michigan, Democratic National Committee, Palmetto, South Carolina Democratic, Affordable, Communications Committee, Granite State, Democratic Party, Incumbents, Environmental, Republicans, Allies Locations: Concord, New, AdImpact, New Hampshire, Arizona, Washington, California, South Carolina, “ South Carolina, Spain, Minnesota, Twin Cities, ”, New York, Ohio, Granite

☆ He knew 'nothing' about selling alcohol when he launched Patrón—then he sold it for $5.1 billion
▼ + stars: | 2023-10-25 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When John Paul DeJoria first started selling tequila, he knew plenty about business — but "nothing whatsoever" about the liquor industry, he says. He was convinced he had a product superior to anything else on the market, and he knew he could sell it. Today, Patrón is one of the top-selling tequila brands in the world, selling roughly 3 million cases each year. Forbes currently estimates his net worth at roughly $3 billion. We knew nothing about the business, but we knew it was the best tequila in the world.

Persons: John Paul DeJoria, He'd, DeJoria —, —, hairstylist Paul Mitchell, John Paul Mitchell, DeJoria's, Martin Crowley, DeJoria, Francisco Alcaraz, Clint Eastwood Organizations: CNBC, John Paul Mitchell Systems, Bacardi Limited, Forbes Locations: Mexico, Mexican, Los Angeles, Patrón

☆ Will Playing the Lottery in Southern California Turn You Into a Billionaire?
▼ + stars: | 2023-10-25 | by ( Claire Moses | More About Claire Moses | ) www.nytimes.com time to read: +1 min

This month, a winning ticket was sold at Midway Market & Liquor in Frazier Park, Calif., a town about 70 miles north of Los Angeles. In July, a lucky player bought a ticket worth $1.08 billion at Las Palmitas Mini Market in downtown Los Angeles. In 2016, lucky buyers in Chino Hills, Calif., less than 40 miles from Los Angeles, split $1.6 billion with winners in Tennessee and Florida. Lottery officials have not announced who won the winning billion dollar tickets in July and October. The wins have led people in online forums like Reddit and Quora, or in their Google searches, to ask: Is Southern California lucky?

Persons: Edwin Castro, ”, James Abdey, “ Organizations: Midway, Liquor, Las, Lottery, London School of Economics, Political Locations: Frazier Park, Calif, Los Angeles, Chino Hills, Tennessee, Florida, Altadena, Southern California

ORLANDO, Fla. (AP) — The state of Florida is asking the U.S. Supreme Court to block lower court rulings that prohibit the enforcement of a new law targeting drag shows. Florida officials filed an application with the nation's highest court on Friday asking that the prohibition against enforcing the anti-drag show law only be limited to the Orlando, Florida, restaurant which challenged its constitutionality. Circuit Court of Appeals upheld a lower court’s granting of a preliminary injunction stopping the law from being enforced. The appeals court panel ruled against a request from Florida officials to limit the injunction to the Hamburger Mary's restaurant, saying that Florida officials hadn’t shown that the lower court erred by prohibiting the universal enforcement of the law. Political Cartoons View All 1218 ImagesHamburger Mary’s regularly hosts drag shows, including family-friendly performances on Sundays that children are invited to attend.

Persons: Hamburger, hadn’t, Ron DeSantis Organizations: U.S, Supreme, Circuit, Republican Gov Locations: ORLANDO, Fla, Florida, Orlando , Florida, U.S

☆ How toy and game companies are winning back their grown-up former customers
▼ + stars: | 2023-10-21 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

I’m almost embarrassed to share that Zoo Pals are paper plates that feature the bright, adorable faces of animals like pigs, turtles, ducks and whales. And I had an incentive to finish my plate so I could see my Zoo Pal’s face again. In August Hefty relaunched Zoo Pals after discontinuing the plates featuring animals nearly a decade ago. Hefty said one of the reasons it brought back Zoo Pals was "so our fans can relive their fondest childhood memories." Christopher Dilts/Bloomberg/Getty ImagesMattel Inc.’s American Girl doll line has also seen an influx of purchases made by kidults over the past few years, “and it continues to grow in popularity,” Jamie Cygielman, the president of American Girl, told CNN.

Persons: New York CNN —, I’m, —, Covid, Krystine Batcho, ”, Batcho, she’s, Gen, Juli Lennett, ” Lennett, Christopher Dilts, kidults, ” Jamie Cygielman, Cygielman, Z, Instagramers, @inbloombyemily, hasn’t, “, Lennett, ” Batcho Organizations: New, New York CNN, Zoo, CNN, Le Moyne College, Consumers, Lego, Bloomberg, Getty, Mattel Inc, American, Girl, Social Locations: New York, United States, Syracuse , New York, Chicago, American

☆ Billionaires are driving South Florida home prices to new records
▼ + stars: | 2023-10-19 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

From Palm Beach to Miami Beach, luxury home prices in Florida's richest enclaves are reaching new records as billionaires and millionaires continue to buy up property. The average price per square foot of homes sold in Palm Beach reached $4,554, more than 2.5 times more expensive than Manhattan. "The prices are mind-blowing," said Chris Leavitt, a top Palm Beach broker with Douglas Elliman. Miami Beach has also seen a spike in prices from wealthy buyers — especially billionaires. "Both Palm Beach and Miami Beach are disconnected from the interest rate trend."

Persons: Douglas Elliman, Miller Samuel, Chris Leavitt, Jonathan Miller, Leavitt, James Tigani, Harvey Jones, Tommy Hilfiger, Michael Cantanucci, Corcoran, Eric Schmidt, Ken Griffin, Alex Rodriguez, Griffin, Jeff Bezos, Tom Brady Organizations: Palm, Tech, Brokers, National Football League, CNBC Locations: Palm Beach, Miami Beach, Manhattan, New York , New Jersey, California, Florida, Miami

On the phone was 28-year-old Jimmy Zhong, a local party boy and Georgia alum who frequented Athens' drinking establishments. Robin Martinelli, Martinelli Investigations owner and private investigator. Martinelli said Zhong appeared resistant to her theories, especially when they began to focus on his circle of friends. Source: Zhong's social media profileHis parties were epic. Source: Zhong's social media profile

Persons: Jimmy Zhong, Zhong, Robin Martinelli, Martinelli, Montel Williams, " Martinelli, Jimmy, Zhong didn't, Louis Vuitton, Gucci, Jimmy Choo, didn't, he'd, Satoshi Nakamoto, Stefana, CNBC Masic, Zhong couldn't, Jody Thompson, Thompson, Trevor McAleenan, Shaun MaGruder, McAleenan, that's, MaGruder, I've, wasn't, Trevor, I'm, coders, Nathaniel Popper, Popper, Bitcoin, Nobody, bitcoin, Michael Bachner, John Garland, Bachner, Ross Ulbricht, Chad Organizations: University of Georgia, Clarke County Police Department, rowdies, Clarke County Police, CNBC, Department of Justice, Martinelli Investigations, Broad, College, Ritz Carlton, Waldorf, Georgia Bulldogs football, Rose, IRS, Silk, Clarke, Investigators, Misfits, . Locations: Athens, Georgia, bitcoin, It's, Loganville , Georgia, Zhong's, Gainesville , Georgia, Los Angeles, Beverly Hills, LA, Gainesville, Chad, Clarke County, Montgomery , Alabama, U.S

SPRINGFIELD, Ill. (AP) — Illinois Gov. The state’s 25-year-old Gift Ban Act prohibits public employees such as Pritzker from accepting presents, with broad exceptions. Therefore, the high-priced hooch delivered compliments of the Japanese embassy and three bottles of tequila valued at $450 have remained untapped. Together, they comprise 4 1/2 years of gratuities totaling 561 gifts valued at $16,890.14, according to a log provided to The Associated Press in response to a public records request. Jim Edgar, the Gift Ban Act was the first major ethics reform in Illinois since post-Watergate campaign-finance disclosure laws.

Persons: J.B . Pritzker, Pritzker, hooch, ” Pritzker, “, Jordan Abudayyeh, John Bel Edwards, Sen, Paul Simon, Barack Obama, Jim Edgar, “ It’s, ”, David Melton, Tiffany Kuhl, Shimon Peres, Sidney Blumenthal, Bill Clinton, Abraham Lincoln, Ralph Nader, Mark Green, Donald Trump’s, Jody Coss, ” Coss, Mike’s, Jennifer Farrar Organizations: Ill, —, Democratic, Associated Press, Louisiana Gov, Hotel, Forbes, Republican Gov, Illinois, National Bobblehead Hall of Fame, Museum, Loyola University, Stephenson County Democratic Party, Associated Locations: SPRINGFIELD, — Illinois, Springfield, Chicago, Louisiana, Mardi Gras, U.S, Illinois, Swiss, Milwaukee, Victoria ”, Freeport, Stephenson County, Rockford, New York

☆ When do 2 beers cost $150? When they're sold by Elon Musk, of course
▼ + stars: | 2023-10-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Tesla is selling a limited-edition set of two beers and two ceramic steins for $150. In March, Tesla launched a $30 GigaBier to celebrate the delayed opening of its Berlin factory. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementTesla has a new item in stock — a limited-edition set of beers for a mere $150. Back in March, Tesla launched a $30 GigaBier to celebrate the opening of its Berlin Gigafactory .

Persons: Tesla, —, Musk Organizations: Service Locations: Berlin

☆ When do two beers cost $150? When they're sold by Elon Musk, of course.
▼ + stars: | 2023-10-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Persons: Tesla, —, Musk Organizations: Service Locations: Berlin

☆ How Jesmyn Ward Is Reimagining Southern Literature
▼ + stars: | 2023-10-13 | by ( Imani Perry | ) www.nytimes.com time to read: +5 min

Ward is classically beautiful — delicate and golden-skinned with her hair hanging in long curls. The town is important to Ward for another reason, though: Her great-grandfather Harry was the son of a white mother, Edna. Ward borrowed her family’s complex racial history in writing “Sing, Unburied, Sing.” That family history tells us something about how Ward thinks about history and its relationship to her fiction. The contours of Ward’s life were formed by two hurricanes. In 1969, Hurricane Camille struck, marking a terrible watershed in Black life on the Gulf Coast.

Persons: Ward, Black, wilder, ”, Brett Favre, Harry, Edna, Regina N, Bradley, She’s, Annis, Mitchell S, Jackson, Eddie S, Glaude Jr, Reagan, Hurricane Camille, Martin Luther King Jr, Camille Organizations: Hall of Fame, Gulf Coast, Bay Area Locations: Ward’s, Hurricane, Gulf, Oakland, Calif, Los Angeles, Bay

ORLANDO, Fla. (AP) — A ruling prohibiting the enforcement of a new Florida law targeting drag shows will stay in place for the time being, according to a federal appeals court decision. Circuit Court of Appeals on Wednesday upheld a lower court's granting of a preliminary injunction stopping the law from being enforced until a trial is held in Orlando, Florida to determine its constitutionality. The law was challenged by the owner of a Hamburger Mary’s restaurant and bar in Orlando, which regularly hosts drag shows, including family-friendly performances on Sundays that children were invited to attend. The restaurant owner said the law was overbroad, was written vaguely and violated First Amendment rights by chilling speech. Venues that violated the law faced fines and the possibility for their liquor licenses to be suspended or revoked.

Persons: nonparties, hadn't, Hamburger, Ron DeSantis Organizations: Circuit, Florida Department of Business, Republican Gov Locations: ORLANDO, Fla, Florida, U.S, Orlando , Florida, Orlando

☆ Powerball jackpot hits $1.73 billion, second largest in history
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

Powerball tickets are seen at a liquor store, in Washington, U.S., July 19, 2023. REUTERS/Nathan Howard/File Photo Acquire Licensing RightsOct 11 (Reuters) - An estimated $1.73 billion is up for grabs in the multistate Powerball drawing on Wednesday night, the second-largest lottery jackpot in history. The drawing, set for 11 p.m. (0300 GMT on Thursday), is the 36th since a Powerball player hit the jackpot three months ago. Wednesday's purse falls just short of the $2.04 billion Powerball jackpot won by a single-ticket holder in California in November 2022. Powerball tickets, which cost $2 each, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Persons: Nathan Howard, Brendan O'Brien, Jonathan Oatis Organizations: REUTERS, U.S . National Weather Service, of Columbia, U.S ., Florida Lottery, Thomson Locations: Washington , U.S, California, of Columbia , Puerto Rico, U.S, U.S . Virgin Islands, Tallahassee, Chicago

☆ California player wins $1.77 billion Powerball jackpot, second largest in history
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

Oct 12 (Reuters) - A single-ticket holder from California was the sole winner of an estimated $1.77 billion Powerball drawing on Wednesday night, in the second-largest lottery jackpot in history, the lottery game's website said early Thursday. Final ticket sales pushed the jackpot beyond its advertised estimate of $1.73 billion to $1.77 billion at the time of drawing. Powerball tickets are seen at a liquor store, in Washington, U.S., July 19, 2023. Wednesday's purse falls just short of the $2.04 billion Powerball jackpot won by a single-ticket holder in California in November 2022. Powerball tickets, which cost $2 each, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Persons: Nathan Howard, Brendan O'Brien, Chandni Shah, Abinaya, Jonathan Oatis, Gerry Doyle Organizations: REUTERS, U.S . National Weather Service, of Columbia, U.S ., Florida Lottery, Thomson Locations: California, Washington , U.S, of Columbia , Puerto Rico, U.S, U.S . Virgin Islands, Tallahassee, Chicago, Bengaluru

☆ Uber Eats now lets customers order from two stores at the same time
▼ + stars: | 2023-10-11 | by ( Jake Piazza | In Jakepiazza | ) www.cnbc.com time to read: +1 min

Uber announced on Wednesday that its Uber Eats app now allows customers to order from two stores at the same time. Uber said it's part of an effort by Uber to be more green and to help save customers money. It may help the company keep customers from using competitors like DoorDash, which has had a similar feature since 2021. Unlike DoorDash's option, Uber Eats allows you to add from a secondary location before checkout. Once you finish choosing food from your first location, you'll see a notification bar that says "Bundle another store" which lets you add goods from somewhere else.

Persons: Uber Organizations: CNBC

☆ Tokyo’s Shibuya City attempts to ban Halloween
▼ + stars: | 2023-10-06 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

CNN —Tokyo’s Shibuya Crossing is the busiest intersection in the world, with five crosswalks interlacing through 10 lanes of car and bus traffic. The leadership of Shibuya City – which is a self-governed district within Tokyo – has issued a formal request to both domestic and foreign tourists to mind their manners and not observe Halloween in the area from October 27-31. Crowds of people celebrating Halloween in Shibuya in 2014. The Shibuya City notice specifically addresses concerns that, if people don’t take action, Tokyo could experience a dangerous crowd crush like the one that took place in Seoul last year. “The streets of Shibuya are not party venues,” the city’s mayor, Ken Hasebe, said in a statement.

Persons: overtourism, Yuya Shino, it’s, Ken Hasebe Organizations: CNN, Tokyo – Locations: Shibuya, Tokyo, Japan, Seoul

☆ Constellation Brands CEO touts beer performance post earnings
▼ + stars: | 2023-10-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Thursday interview with CNBC's Jim Cramer, Constellation Brands CEO Bill Newlands highlighted the past quarter's success in its beer brands and said the company has been shifting its focus from mainstream to higher-end brands. Constellation reported earnings Thursday, with its beer portfolio seeing double-digit sales growth. Newlands chalked up some of this underperformance to the mainstream brands in its spirits and wine business. Additionally, Constellation's earnings report showed that and its higher-end wine and liquor brands — like Meiomi and Kim Crawford wine brands — outperformed the rest of the group. "Today it's one-third, and even though that area continues to drag on the overall business, the top end of our wine business is doing quite well and taking share."

Persons: CNBC's Jim Cramer, Bill Newlands, Newlands, Kim Crawford Organizations: Constellation Brands, Pacifico, Corona, Constellation, — Locations: Newlands

☆ Canned Cocktails Grow Up: The Complex, Natural, Not-Too-Sweet Drinks to Try Now
▼ + stars: | 2023-10-04 | by ( Aleksandra Crapanzano | ) www.wsj.com time to read: 1 min

SIP PRETTY Left to right: Social Hour Sunkissed Fizz, Pentire Adrift & Tonic, Empirical Can 02, Thomas Ashbourne Craft Spirits Margalicious Magarita and Mingle Cosmo. Photo: Joel Arbaje/The Wall Street JournalFOR A FEW YEARS NOW, canned cocktails have been gaining ground on liquor-store shelves and in coolers at markets around the country. For the most part, they’ve been sweet, juicy and a little too close for comfort to the cloying wine coolers of old.

Persons: Thomas Ashbourne, Cosmo, Joel Arbaje, they’ve

☆ In Australia's Outback, Indigenous Voice Proposal Struggles to Inspire
▼ + stars: | 2023-10-04 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +9 min

Experts have partly attributed the slump to misinformation, along with a lacklustre "Yes" campaign and conservative opposition. That's something I have been wondering about," he said, referring to laws allowing Indigenous Australians to claim rights to land based on traditional occupation. Reaching out to Aboriginal Australia can be challenging, as communities are scattered over vast distances and speak more than 150 languages. Votes from the Northern Territory and the Australian Capital Territory count toward only the former. Visiting Alice Springs last month, Reuters saw "Yes" campaign posters on walls in the town centre and in government office complexes.

Persons: Praveen Menon AREYONGA, Tarna Andrews, Andrews, Sarah Gallagher, Anthony Albanese, Albanese, Albert Namatjira, Patrick Oliver, Oliver, Conrad Ratara, Ratara, Les Turner, Turner, it's, Lidia Thorpe, Nampijinpa Price, Price, Kathy Coulthard, Alice Springs, Natasha McCormack, Bill Yan, Praveen Menon, Jill Gralow, David Crawshaw Organizations: Aboriginal, Torres Strait, Reuters, Labor, Voice, New, Central Land Council, Australian, Victoria Locations: Australia, Alice Springs, Areyonga, Northern Territory, New Zealand, Canada, U.S, Hermannsburg, Canberra, Northern

TOPEKA, Kan. (AP) — A Kansas police chief who led an August raid on a small weekly newspaper seemed to have the support of most city leaders in the weeks since the search, despite public outcry and calls for his resignation. Publisher Eric Meyer told Cody via email that the paper got the document from a source it did not name. Newell said that on Aug. 7, Cody contacted her and told her he believed she had been the victim of a crime. On Aug. 8, Cody emailed the KBI's office in Wichita, about 60 miles (100 kilometers) to the southwest. That evening, Leeds sent Marion Police Officer Zach Hudlin an email about a search warrant for Meyer's home.

Persons: Gideon Cody's, Cody, ‘, Kari Newell, “, ”, Newell, Brogan Jones, Jones, ” Cody, Marion Mayor Dave Mayfield, Ruth Herbel, Eric Meyer, Todd Leeds, Newell's, Herbel, Meyer, Phyllis Zorn, ” Leeds, Zach Hudlin, Hudlin, Joan, Deb Gruver, Hudlin beckoning Cody, he's, Zorn, ___ Vancleave Organizations: Kansas police, Marion Police, Marion County, City Council, Kansas City, Associated Press, Kansas, of, Marion, City, AP, Leeds, Recorder Locations: TOPEKA, Kan, Kansas, Marion, Wichita, Kansas City , Missouri, Minneapolis

☆ These 'Shark Tank' founders 'desperately' needed a rebrand—they still snagged a $500K deal with Mark Cuban
▼ + stars: | 2023-10-02 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

The company, called Gatsby Chocolate, appeared on Friday's season premiere of ABC's "Shark Tank." The appeal for Gatsby Chocolate was evident — lots of people have a sweet tooth, and a candy bar with less calories but "no compromise on taste" sounds like a no-brainer. But for Lori Greiner and guest shark Candace Nelson, founder of Sprinkles Cupcakes, it just didn't fit. While Lori entertained that notion, for a 25% stake, Cuban balked: "My brand is too big to be the face of the brand," the billionaire said. "Specifically, we're actively looking into 'Gatsby Chocolate: The good for you bar,' after discussing with Mark and Lori, so be on the lookout!"

Persons: Mark Cuban, Doug, Ryan Bouton, Ryan, Gatsby, Lori Greiner, Candace Nelson, Sprinkles, Greiner, Nelson, Kevin O'Leary, O'Leary, Daymond John, Z, Lori, they'd, Cuban, Ryan couldn't, We're, Mark, we're Organizations: Walmart Safeway, Cuban, CNBC

☆ A night inside a strip club near Ukraine’s front lines
▼ + stars: | 2023-10-02 | by ( Anna Conkling | ) www.businessinsider.com time to read: +19 min

By mid-afternoon, nine women have gathered around the dance pole at Flash Dancers, the only women-owned exotic dance club in Kharkiv. Valerii Kseniya, Flash Dancers' co-owner, in an undated photograph from her career as a professional dancer (left), and in July 2023. Iva Sidash for InsiderWhen Dana first joined Flash Dancers, Valeriya said, she was shy, silent, and not open to speaking with the team. Iva Sidash for InsiderOver the past year, several soldiers who were regulars at Flash Dancers have been killed in the fighting. Iva Sidash for InsiderThe evening at Flash Dancers could serve as a microcosm of Ukraine's tentative but determined return to normality.

Persons: Valeriya Zavadskaya, Christina Aguilera's, bam, Iva Sidash, Valeriya, Cher, proprietorship, Volodymyr Zelenskyy, Valeriya's, Valeriia Kseniya, Kseniya, Valerii Kseniya, —, Valeriya's lapdogs, Sara, Lady —, grimly, Dana, hasn't, they're, Gyrating, doesn't, they've, Yurii Tryfan, Yevgeny Prigozhin, Wagner, Tryfan, Lyuda, Maksyum, Pavlo, trundle, We've, Anna Conkling, Elle Organizations: showtime, Boys, Komsomol, league, Communist Party, Hustler, National University of Kharkiv, Valeriya, Flash Dancers, Monetary Fund Locations: Kharkiv, Ukraine's, Russian, Ukraine, Eastern Europe, bam, Soviet, South Korea, Bulgaria, Yugoslavia, Italy, Asia, Russia, Ukraine's Crimean, Moulin Rouge, Drohobych, Polish, USSR, Bakhmut, Kupyansk, Ukrainian, Kyiv, Berlin

☆ Target citing crime for closing stores shows retailers are fighting an uphill battle
▼ + stars: | 2023-09-27 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +7 min

Industry experts say even a small increase in crime can have massive, cascading effects that cause retailers to close stores. And stolen items can have an outsized impact on store profitability, considering the razor thin profit margins many large retailers typically operate at. “Increasing store crime is another variable in play right now for retailers,” said Zak Stambor, senior retail & ecommerce analyst with Insider Intelligence. Organized retail crimeAt issue is a particular type of store theft that loss prevention experts classify as “organized retail crime” or ORC. Last month, Dick’s Sporting Goods warned that retail theft was damaging its business and would lead to lower annual profits.

Persons: New York CNN —, ”, Burt Flickinger, Zak Stambor, Jane Roh, Shawn Kelly, TJ, they’re, Read Hayes, criminologist, ” Stambor, Hayes, “ Organizations: New, New York CNN, Strategic Resource, Insider Intelligence, eBay, Facebook, Pennsylvania Liquor Control, Police, CNN, Philadelphia, Attorney’s Office, “, GS, Cheltenham Plaza, Pennsylvania Liquor Control Board, Dick’s Sporting Goods, TJX Companies, TJ Maxx, Goods, Nordstrom, Foods, University of Florida, Prevention Research Council, Walmart, Target, National Retail Federation, ”, Walgreens Locations: New York, Los Angeles, Chicago, Philadelphia, Cheltenham, Wyncote, Montgomery County, San Francisco

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