DIRS.INFO The most relevant business & tech news

☆ U.S. to Restrict Visas of Charter Operators Flying Migrants to Nicaragua
▼ + stars: | 2023-11-22 | by ( Juan Montes | José De Córdoba | ) www.wsj.com time to read: 1 min

Haitians were waiting to board a flight from Port-au-Prince to Nicaragua in late October as the Haitian government banned all charter flights to the Central American nation. Photo: Odelyn Joseph/Associated PressThe U.S. government said Tuesday it would impose visa restrictions on individuals running charter flights into Nicaragua, flooding the Central American country with tens of thousands of U.S.-bound migrants, mostly from Haiti, Cuba and Africa. The authoritarian government of Nicaraguan President Daniel Ortega , which has strained ties with the U.S., has in recent months allowed several little-known charter airlines and travel agencies to operate flights from Haiti, Cuba and other Caribbean airports to Nicaragua, according to Haitian and Nicaraguan civil aviation data.

Persons: Odelyn Joseph, Daniel Ortega Organizations: Central, Associated Press, Nicaraguan, U.S Locations: Port, Prince, Nicaragua, Central American, American, U.S, Haiti, Cuba, Africa

☆ An OnlyFans model said she gets so much online hate for not having a 'real job' that she shouldn't pay tax
▼ + stars: | 2023-11-22 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +3 min

OnlyFans model Billie Beever has clapped back at people who say sex work isn't a "real job." AdvertisementBillie Beever, an OnlyFans model based in Australia, said she "shouldn't have to pay tax" if people weren't willing to treat her job with respect. Advertisement"It's like, hold on a minute, didn't you say I don't have a real job? If i dont have a "real job" why am i paying "real tax" then?!?!" If i dont have a “real job” why am i paying “real tax” then?!?!

Persons: Billie Beever, Beever, —, I'm, Tasha Paige, @billiebeever_, ", she's Organizations: Service, Australian, Australian Taxation, Daily Mail Australia Locations: Australia

The assault that forced the evacuation of the hospital and left dozens of homes ablaze was blamed on the Brooklyn gang. Previous attacks in Cite Soleil and other areas have left hundreds of civilians dead as gangs pillage communities, raping and killing people inside their homes. During the recent clashes in the sprawling seaside slum that led up to Wednesday’s attack, gangs could be seen traveling by boat to surprise and kill rival gang members, Ulysse said. Then, after everyone inside the hospital grew quiet, she heard gangs outside arguing whether or not to burn the facility. Those interviewed praised the police and Ulysse, who pleaded for help via social media as the facility came under attack.

Persons: ” Jose Ulysse, Gabriel Jean, Pierre, Ti Gabriel, Ulysse, Iskar, “, Edline Pierre, ”, Marie, Marthe Pierre, Yolande Saint, Philippe, “ Lucky, God, ___ Coto Organizations: PORT, Fontaine Hospital Center, Cite Soleil, Police, Employees, Soleil, Wednesday, Bullets, National Police Locations: Haiti, Haitian, Cite, Port, Pierre, San Juan , Puerto Rico

[1/5] An aerial view shows a flooded area in Estree as the Canche River overflows near Montreuil-sur-Mer after days of heavy rain causing flooding in northern France, November 10, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsSAINT-ETIENNE-AU-MONT, France, Nov 10 (Reuters) - Days of heavy rains in northern France have caused local rivers to overflow and flood houses and fields, prompting the evacuation of residents, with some having to be airlifted to safety. More than 100 towns are on red alert, and some 200 schools in the region have been shut. But I've had losses in chickens, financial losses in terms of seeds and equipment, and so today, it's really hard." "We've never seen something like that," said campsite owner Jean-Marc Joyez in the village of Enquin-sur-Baillons, where many houses are flooded and roads submerged.

Persons: Pascal Rossignol, Gaetan Guche, I've, Loup Mionnet, We've, Jean, Marc Joyez, Christophe Bechu, Charlotte Van Campenhout, Ingrid Melander, Alison Williams, Jan Harvey Organizations: REUTERS, Thomson Locations: Estree, Montreuil, Mer, France, ETIENNE, MONT, Jean, Enquin

☆ Fintechs Look to Cost Cuts and Layoffs
▼ + stars: | 2023-11-09 | by ( Angel Au-Yeung | ) www.wsj.com time to read: 1 min

High interest rates have put many financial-technology companies in a tight spot. They are trying to course-correct by cutting jobs and other costs. Investment in private fintech companies fell 46% globally in the third quarter compared with the same period last year, according to research firm CB Insights. The number of deals slid back to 2017 levels.

Organizations: Investment

☆ 'Golden opportunity': Morgan Stanley says it's a good time to buy gold stocks — and names its top global picks
▼ + stars: | 2023-11-09 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

Now is a good time to buy gold stocks, according to Morgan Stanley. Notably, gold stocks underperformed gold prices by about 20% in the last three months, the investment bank's analysts, led by Sandeep Peety, wrote in a Nov. 2 note. Morgan Stanley named several stocks to play the "golden opportunity." 'Preferred play' Morgan Stanley named Endeavour Mining , a London-headquartered multinational mining company, as its "preferred play." Other overweight-rated stocks Other gold mining companies that the investment bank gave an overweight rating include Australia's Evolution Mining and Regis Resources and China's Zijin Mining Group .

Persons: Morgan Stanley, Sandeep Peety, — CNBC's Michael Bloom Organizations: Endeavour Mining, Regis Resources, Zijin Mining, Mining, Compania De Locations: Israel, London, EDV, Ivory, Massawa, Senegal, Compania De Minas Buenaventura

☆ Japan service activity posts slowest growth this year - PMI
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 6 (Reuters) - Japan's services activity expanded at the slowest pace this year in October, a business survey showed on Monday, reinforcing concerns that the key sector propelling economic growth is continuing to soften. The final au Jibun Bank Service purchasing managers' index (PMI) fell to 51.6 in October from 53.8 in September, beset by weak demand. "While the PMI data continue to make positive reading for the Japanese service sector, the recent trends suggest that growth is on the wane," said Andrew Harker, economics director at S&P Global. Employment returned to growth, but retirements offset the overall pace of job creation, the survey found. The worsening conflict in the Middle East and slower growth in China cloud the outlook for Japan, among the largest economies in the world.

Persons: Andrew Harker, Satoshi Sugiyama, Sam Holmes Organizations: Jibun Bank Service, P Global Intelligence, PMI, P, Employment, Thomson Locations: TOKYO, China, Japan

TAIPEI, Taiwan (AP) — Chinese Premier Li Qiang on Sunday pledged to continue deepening reforms, expand free trade zones and relax market access for foreign investment while seeking to generate excitement around a largely lackluster economy. China's economy expanded at a 4.9% annual pace between July-September, beating analysts’ forecasts of about 4.5%, official data show. The expo being held through Friday is an annual event launched by President Xi Jinping in 2018 with the theme of promoting China’s image as being in favor of free trade. This year’s expo brought Australian Prime Minister Anthony Albanese, currently paying an official visit to China which is largely focused on restoring trade links blocked for years due to economic and political tensions. Despite that, Li said China would continue to “actively pursue the accession to the CPTPP and the Digital Economy Partnership Agreement and negotiate for the conclusion of more high standard free trade agreements.”

Persons: Li Qiang, Li, Xi Jinping, ” Li, Anthony Albanese, Albanese, ” Albanese, Yang Hengjun, “ Organizations: 6th China, Sunday, Trans, Pacific Partnership, Digital Locations: TAIPEI, Taiwan, Shanghai, China, Beijing, Australia, Australian

Angel Au-YeungAngel Au-Yeung is a reporter in The Wall Street Journal's finance bureau. Her stories explore how some of the largest financial institutions and investors influence corporate America and Main Street. She joined the Journal from Forbes, where she was a staff writer. During her five years at Forbes, she won two Society for Advancing Business Editing and Writing awards. She is co-writing a biography about Tony Hsieh, which will be published by Henry Holt & Co., an imprint of Macmillan Publishers.

Persons: Angel, Angel Au, Tony Hsieh, Henry Holt Organizations: Forbes, Society, Henry Holt & Co, Macmillan Publishers Locations: America, Russian

☆ Block’s Stock Price Is Down 80%. Enter CEO Jack Dorsey.
▼ + stars: | 2023-11-04 | by ( Angel Au-Yeung | Peter Rudegeair | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/block-ceo-jack-dorsey-stock-ca9e84ff

Persons: Dow Jones

☆ Shocked beachgoers witness a surfer killed in a suspected great white shark attack
▼ + stars: | 2023-11-04 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

One witness said he saw a 13-foot great white shark as he rushed to the scene on his jet ski. AdvertisementAdvertisementA 55-year-old surfer is missing, feared dead, after shocked beachgoers witnessed a suspected great white shark attack, this week. Tod Gendle, 55, was surfing with friends when a witness said a 13-foot great white shark attacked him. Simon Nellist, a 35-year-old scuba diving instructor, was killed by a great white shark in what the ISAF classified as a "provoked incident" off the coast of Sydney earlier this year. The great white shark is the largest predatory fish in the world, and it can grow to 21 feet long and weigh 4,500 pounds, according to National Geographic.

Persons: —, beachgoers, Tod Gendle, Eyre, 7News, Jeff Schmucker, they're, news.com.au, We've, Simon Nellist Organizations: Service, Police, South Australia Police, Western Police, Police Water Operations, Emergency Service, South Australia police, Getty, Australia, Florida, ISAF, Geographic Locations: Eyre, Adelaide, South Australia, Streaky, themseleves, Sydney

☆ These 4 stocks report quarterly results next week. Here's what we hope to see
▼ + stars: | 2023-11-04 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho

☆ Monet painting to go on sale at Paris auction for first time in decades
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

A Drouot employee poses with the painting "Les Saules, Giverny, 1886" (The Willows, Giverny), by painter Claude Monet (1840-1926) ahead of its auction at Drouot auction house in Paris, France, November 3, 2023. The landscape "Les Saules, Giverny" ("The Willows, Giverny"), dating from 1886, is reappearing on the French art market, where Monet’s paintings have become increasingly rare. "Paintings of Claude Monet of this scale, of this dimension no longer really exist among French families. Though not as famous as Monet's water lilies or the Gare Saint Lazare paintings, which can command prices reaching 100 million euros, "Les Saules, Giverny" bears the artist's trademark style. "It's an oeuvre typical of Claude Monet, notably by the brush strokes and how he makes the light come out," Nordmann said.

Persons: Claude Monet, Abdul Saboor, Ader, They're, David Nordmann, Les, Nordmann, Monet, Mary Cassatt, Clotaire Achi, Michaela Cabrera, Dominique Vidalon, Bill Berkrot Organizations: REUTERS, Rights, Reuters, Saint Lazare, Thomson Locations: Giverny, Paris, France, Nice, American

☆ Day of the Dead is full of longstanding traditions meant to honor ancestors
▼ + stars: | 2023-11-01 | by ( Leah Asmelash | Nicole Chavez | ) edition.cnn.com time to read: +5 min

Día de los Muertos is a tribute to the afterlife, a day meant to honor those who have died and keep their memory alive. Unlike Halloween, which historically was a day to ward off evil spirits, Day of the Dead is more about paying respects to loved ones who have died. Just like in Mexico, Filipinos visit their loved ones’ graves and also create altars to those who have passed. Many people honor Day of the Dead by visiting the graves of dead relatives and loved ones. People come together to share stories of their loved ones — helping keep their memory alive.

Persons: CNN —, you’ve, papel, Coco ”, Día, Baron Samdi, Hector Retamal, José Guadalupe Posada, Pedro Pardo Organizations: CNN, Cite Soleil, Getty, Aztecs Locations: los, Mexico, calaveras, Día de los, America, Philippines, Haiti, Port, Prince, AFP, Americas, Spanish, de los, de los Muertos, Mexico City, Mexican

☆ Asia's factories squeezed as China's nascent recovery teeters
▼ + stars: | 2023-11-01 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

Purchasing managers' indexes (PMIs) for factory powerhouses China, Japan and South Korea showed activity shrinking while Vietnam and Malaysia also struggled with the broadening fallout from a Chinese slowdown. "Overall, manufacturers were not in high spirits in October," said Wang Zhe, an economist at Caixin Insight Group, on China's survey outcome. Japan's factory activity shrank for a fifth straight month in October, the final au Jibun Bank PMI showed. South Korea's factory activity fell for the 16th straight month while PMIs from Taiwan, Vietnam and Malaysia also showed continued declines in activity. The International Monetary Fund (IMF) has warned that China's weak recovery and the risk of a more protracted property crisis could further dent Asia's economic prospects.

Persons: Stringer, Wang Zhe, Leika Kihara, Sam Holmes Organizations: REUTERS, PMI, P Global, Caixin Insight, Jibun, Murata Manufacturing, Monetary Fund, IMF, Thomson Locations: Zouping, Shandong province, China, Japan, South Korea, TOKYO, Vietnam, Malaysia, PMIs, Taiwan, Asia

☆ ‘We lost control of who we were.’ Why Phillip Lim’s return to fashion matters
▼ + stars: | 2023-10-30 | by ( Alex Rees | ) edition.cnn.com time to read: +16 min

(CNN) — The tears were flowing backstage at Phillip Lim’s latest runway show, as the fashion designer made has return to the New York Fashion Week last month after four years away. CNN: Did planning your return to New York Fashion Week take you back to when you launched 3.1 Phillip Lim in the first place? Models pose during the presentation of 3.1 Phillip Lim's Fall-Winter 2006 collection at New York Fashion Week on February 4, 2006. JP Yim/WireImage/Getty ImagesZhou: 3.1 Phillip Lim was founded on the idea of ‘why not?’Phillip and I were both 31-years-old. Does 3.1 Phillip Lim have that roadmap right now, or is the ‘second act’ still being written?

Persons: Phillip Lim’s, Lim, ”, Phillip Lim, Wen Zhou, Madison McGaw, Phillip Lim’s “, Zhou, it’s, ” Phillip Lim “, ” Lim, ‘, I’m, let’s, couldn’t, Phillip Lim's, JP Yim, ’ Phillip, Phillip, we’d, It’s, Ezra J, William, Tina Leung, Prabal Gurung, Laura Kim —, Slay, Eva Chen, Dimitrios Kambouris, Phillip Lim CNN, Liya Kebede, Liya, Phillip Lim Spring, Victor Virgile, ’, I’ll, You’ve, John Nacion, —, Sou Lai, That’s what’s Organizations: CNN, New York, titans, Zhou, Pacific Islanders, Getty, Sou Lai CNN Locations: New York, New, New York City

☆ Haiti Halts Outbound Flights to Nicaragua -Media Report
▼ + stars: | 2023-10-30 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

The Miami Herald cited a bulletin sent to the aviation community that was then shared with the newspaper as the source of the information. The Haitian government has made no public announcement about the flights and Reuters was not able to independently confirm the suspension. The Port-au-Prince to Managua flights began in August and have mostly been operated by charter carriers. In recent weeks, as many as 15 flights per day have ferried thousands of Haitians to Nicaragua. The Miami Herald said an independent tally found more than 31,400 Haitians had taken the flights from August to October.

Persons: Harold Isaac, Cynthia Osterman Organizations: PORT, Reuters, Miami Herald, U.S, The Miami Herald Locations: Nicaragua, Prince, Managua, The

☆ Colombian ex-soldier sentenced for role in Haitian president's assassination
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

A person holds a photo of late Haitian President Jovenel Moise, who was shot dead earlier this month, during his funeral at his family home in Cap-Haitien, Haiti, July 23, 2021. REUTERS/Ricardo Arduengo/File Photo Acquire Licensing RightsOct 27 (Reuters) - Former Colombian army colonel German Rivera was on Friday sentenced to life in prison by a U.S. court for his role in the plot to kill Haitian President Jovenel Moise, whose 2021 assassination left a power vacuum that destabilized the country. Several businessmen have also been accused of helping fund and supply the mission with weapons. Rivera also relayed information to co-conspirators that the original plan to kidnap the president had become a plan to murder him, according to his plea. Reporting by Sarah Morland and Kylie MadryOur Standards: The Thomson Reuters Trust Principles.

Persons: Jovenel Moise, Ricardo Arduengo, Rivera, Moise, Joseph Felix Badio, Mike, Sarah Morland, Kylie Madry Organizations: REUTERS, Former, Thomson Locations: Cap, Haitien, Haiti, Former Colombian, United States

Passenger Susan Karpik was the lead plaintiff in the case against British-American cruise operator Carnival and its subsidiary Princess Cruises, the ship's owner. Federal Court Justice Angus Stewart ruled that Carnival had been negligent as defined by Australian consumer law by allowing the cruise to depart in the early months of the pandemic. He said Carnival had a duty to take reasonable care of her health and safety in regard to COVID-19. “It’s been a long time coming and a very comprehensive victory for the passengers on the Ruby Princess,” Antzoulatos said. “The pandemic was a difficult time in Australia’s history, and we understand how heartbreaking it was for those affected,” Carnival said.

Persons: Susan Karpik, Justice Angus Stewart, “, ” Stewart, Princess, Carnival, Ruby, —, ”, Vicky Antzoulatos, Susan Karpik's, Henry Karpik, ” Antzoulatos, “ It’s Organizations: British, Princess Cruises, Federal, Justice, Princess, Carnival Australia Locations: CANBERRA, Australia, Sydney, New Zealand, American, California, Japan

☆ US Court Charges Haitian Gang Leader in Attack on American Couple
▼ + stars: | 2023-10-24 | by ( Oct. | At P.M. | ) www.usnews.com time to read: 1 min

PORT-AU-PRINCE (Reuters) - A U.S. court has charged Haitian gang leader Vitel'homme Innocent for his role in the plot to kidnap an American couple and the death of the wife who was shot dead when armed men entered their home. According to court documents unsealed on Tuesday, after breaking into Jean Franklin and Marie Odette Franklin's Haiti residence in October 2022, Innocent's co-conspirators kidnapped Jean Franklin and demanded a ransom of as much as $150,000 for his release. (Reporting by Harold Isaac and Sarah Morland; Editing by Anthony Esposito)

Persons: Vitel'homme Innocent, Jean Franklin, Marie Odette Franklin's, Innocent's, Harold Isaac, Sarah Morland, Anthony Esposito Organizations: PORT, Reuters Locations: American, Marie Odette Franklin's Haiti

WASHINGTON (AP) — A powerful Haitian gang leader has been charged by U.S. prosecutors with ordering the kidnapping of an American couple from their home in Haiti that left the woman dead, authorities said Tuesday. Armed gang members stormed their home, and Marie Franklin was shot and killed in the kidnapping. The latest indictment charges Innocent with conspiracy to commit hostage taking resulting in death, aiding and abetting hostage taking and attempted hostage taking resulting in death by the U.S. Justice Department. Among those recently kidnapped is the secretary general of Haiti’s High Transitional Council, which is charged with organizing long-awaited general elections. Authorities said gang members dressed as police officers abducted Anthony Virginie Saint-Pierre last week.

Persons: Vitel’homme Innocent —, Haiti —, Jean Franklin, Marie Odette Franklin, Marie Franklin, Jean, Innocent, “, ”, District of Columbia Matthew Graves, Graves, Anthony Virginie Saint, Pierre, Danica Coto Organizations: WASHINGTON, Authorities, Attorney, District of Columbia, Christian, U.S . Justice, United Nations, Transitional Council, Associated Locations: Haitian, Haiti, Tabarre, Port, Washington, San Juan , Puerto Rico

☆ Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street. Ironically, Panera Bread is mulling an IPO, but Shaich, who is no longer involved with the chain, directs his advice toward founders. Even as Au Bon Pain bought St. Louis Bread Company, renamed it Panera Bread and then shed Au Bon Pain to focus on Panera's growth, Shaich's company was publicly traded. "The reality is for 90% of the CEOs that take a company public, they live to regret it," Shaich told CNBC. "Cava is a company that will succeed as a public company.

Persons: Ron Shaich, Shaich, Cookie, Bon Pain, Louis, Cava, Brett Schulman, Sweetgreen hasn't, Panera, Danny Meyer's Organizations: III Holdings, Louis Bread Company, CNBC, Wall Street Locations: Cava

Last year, that amounted to $75 million of $88.5 million in candy corn sales, according to the consumer research firm Circana. Political Cartoons View All 1215 ImagesWhen compared to top chocolate sellers and other popular confections, candy corn is niche. Several years later, the Goelitz Confectionery Co., now Jelly Belly, began to produce candy corn, calling it Chicken Feed. Candy corn is basically sugar, corn syrup, confectioner’s glaze, salt, gelatin, honey and dyes, among some other things. She equates candy corn with childhood memories of having to visit her pediatrician, who kept a bowl on hand.

Persons: Shannon Fiedler gushed, Paul Zarcone, Brach's churns, ombre, Rice Krispie, Kellogg's, Michelle Williams, Brach's, “, ”, Katie Duffy, Ferrara Candy, George Renninger, “ Brach's, “ It's, I've, Richard Hartel, Hartel's, it’s, Candy, Margie Sung, She's, Duffy, Don't, Sung, ” Aaron Sadler, doesn't, can’t, Sadler, ” Sadler chuckled ., he'll, Sandler, Lisa Marsh, Diana Peacock, Jennifer Walker, Walker, Marie, Abby Obenchain, Obenchain Organizations: Vans, Nike, Ferrara, Ferrara Candy Co, University of Wisconsin -, Ontario, Washington , D.C Locations: Huntington , New York, Ferrara, Philadelphia, University of Wisconsin - Madison, New York, Little Rock , Arkansas, Junction , Colorado, Ontario, Canada, Sault Ste, Savannah Woolston, Washington ,

☆ McDonald's tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich's book
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

McDonald's tried to buy PaneraMcDonald's expressed interest in buying Panera in the early 2000s, Shaich writes. More than a decade after meeting with McDonald's, Shaich started seriously considering selling Panera as he prepared to step down from the business. Shaich writes in the book that he never really left, staying active as executive chair of the company, before he rejoined as a co-CEO in 2012. Shaich writes that he knew at the time that he would retire, but he hadn't yet announced it. Shaich writes that Panera received a patent to use video to review the accuracy of sandwich orders.

Persons: Ron Shaich, Scott Mlyn, Shaich, Louis, Panera, that's, McDonald's, Bill Moreton, wasn't, Donatos, Howard Schultz, David Ryder, Schultz, Au Bon, Steve Ells, Jerry Cleveland, Obama, hadn't Organizations: CNBC, Clark University, Louis Bread Company, Grill, Boston, Starbucks, Reuters Starbucks, Denver Post, Getty, Obama Locations: Boston, Seattle, Panera, India, aren't

☆ Japan's factory, service sector activity under pressure in Oct - PMI
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Toru Hanai/File Photo Acquire Licensing RightsTOKYO, Oct 24 (Reuters) - Japan's factory activity shrank for a fifth straight month in October while the service sector saw its weakest growth this year, a survey showed on Tuesday, amid growing uncertainty over the outlook for the world's third-largest economy. The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) remained flat at 48.5 in October. However, the October PMI data indicated further softening in the service sector, which anchored Japanese economy over recent quarters. The au Jibun Bank flash services PMI fell further to 51.1 in October from 53.8 in September last month, marking the slowest rate of growth since the beginning of this year. The au Jibun Bank Flash Japan composite PMI, which combines both manufacturing and service sector activity, fell to 49.9 in October from 52.1 in September, dropping below into contractionary territory for the first time since December.

Persons: Toru Hanai, Jingyi, Satoshi Sugiyama, Sam Holmes Organizations: REUTERS, Rights, PMI, P Global Market Intelligence, Jibun Bank Flash Japan, Thomson Locations: Kawasaki, Japan

Search resuls for: "Âu"

25 mentions found