Posts filtered by tags: Frederic J Brown[x]


 

Best Buy slides 9% on weak holiday sales and soft 2022 revenue guidance

FREDERIC J. BROWN/AFP via Getty Images Best Buy shares hit an intraday low of $103.39 in heavy volume after the retailer's fourth-quarter report.  The company's quarterly revenue of $16.9 billion fell short of expectations of $17.2 billion.  Jefferies says Fry's Electronics closing shop could bring $400 million in sales for Best Buy.  Visit the Business section of Insider for more stories. Best Buy stock slumped Thursday, hurt by fourth-quarter revenue that fell short of Wall Street's tar...
Tags: Trends, Markets, Best Buy, Earnings, Guidance, BBY, Jefferies, Electronic, Frederic J Brown, Carla Mozee, Q4, Getty Images Best, Fry's, 4Q, Jonathan Matuszewski, Matuszewski


A coronavirus variant identified in California is more infectious, more deadly, and cases are doubling every 18 days, a study suggests - but the scale of the threat is unclear

Principal Pam Rasmussen (L) takes the temperature of arriving students as per coronavirus guidelines during summer school sessions in Monterey Park, California on July 9, 2020. FREDERIC J. BROWN/AFP via Getty Images A coronavirus variant first found in California is more contagious and deadlier than the original strain, an early study suggests. The study, first reported by Science, hasn't been formally scrutinized by other experts in a peer review. Some experts say more data is needed befo...
Tags: Health, UK, Science, California, Boston, US, Trends, Taiwan, South Africa, New York Times, Healthcare, The New York Times, UCSF, University of Wisconsin Madison, LA Times, Harvard T H Chan School of Public Health


A coronavirus variant identified in California seems more infectious and deadly, a study found, with cases thought to be doubling every 18 days - but the scale of the threat is unclear

Pam Rasmussen, a principal, taking the temperature of arriving students during summer-school sessions in Monterey Park, California, on July 9. FREDERIC J. BROWN/AFP via Getty Images A study suggests a coronavirus variant first found in California is more contagious and deadly. The early study, first reported by Science, hasn't been formally scrutinized in a peer review. Some experts say more data is needed before the strain is considered especially dangerous. Visit the Business section of ...
Tags: Health, UK, Science, California, Boston, US, Trends, Taiwan, South Africa, New York Times, Healthcare, The New York Times, University Of California, Madison, Los Angeles Times, University Of Wisconsin


AMC extends 2-day rally to 36% with NYC movie theaters set for partial reopening in March

Frederic J. Brown/AFP via Getty Images AMC Entertainment on Tuesday extended its two-day stock rally to 36% after NY Gov. Andrew Cuomo announced that NYC movie theaters are set for partial reopening on March 5.Movie theaters are only allowed to operate at 25% capacity, or up to 50 people, per show. The governor also noted that assigned seating, social distancing, and other health precautions would be in place.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Shares o...
Tags: New York, New York City, Amc, Trends, Markets, Reddit, Stocks, Stock Market, Andrew Cuomo, Gamestop, Cuomo, Madison Square Garden, Madison Square, Barclays Center, Movie Theater, Aron


Kids represent a small fraction of overall COVID-19 deaths in the US but 75% of them are children of color

A temperature check is taken as students return to St. Joseph Catholic School in La Puente, California on November 16, 2020. FREDERIC J. BROWN/AFP via Getty Images There have been fewer than 250 children who have died from the coronavirus.  More than three-quarters of the deaths were in children of color.  Overall, kids make up about 13% of the coronavirus cases in the US.  Visit the Business section of Insider for more stories. Children make up a small percentage of the overall COVID-19 d...
Tags: Post, Science, Washington Post, Cdc, US, Trends, Alaska, Npr, Centers For Disease Control And Prevention, University Of Michigan, Frederic J Brown, La Puente California, Preeti Malani, Coronavirus, Sarah Al Arshani, Kimora Kimmie Lynum


8 fast-food chains that are thriving during the pandemic

A Chick-fil-A employee delivering food to a drive-thru customer. Chick-fil-A The coronavirus pandemic has been detrimental to the restaurant and fast-casual dining industries. However, many fast-food chains have seen growth in sales, despite facing challenges. Chains like Chick-fil-A, Taco Bell, and McDonald's have seen success due to drive-thru sales. Visit Business Insider's homepage for more stories. The coronavirus pandemic posed many challenges to the fast-food industry, but some chai...
Tags: Business, America, Trends, Features, Fast Food, Retail, Jack, Cnbc, Kfc, Orlando, Taco Bell, Travis Scott, Wendy, HARRIS, McDonald, Chick


Insider Retail: McDonald's reckoning - Amazon's Jassy faces challenges - Battle of online grocery CEOs

Hello and welcome to another edition of Insider Retail, where we highlight our top deep dives of the week - from what insiders are saying about a fast food giant's reckoning to the biggest challenges the new Amazon CEO will face. So without further ado... Jeffrey Greenberg/Universal Images Group via Getty Images; Samantha Lee/Insider McDonald's pledged support for Black Lives Matter with donations and diversity-centric hires - but insiders say the fast food chain's new guard needs to do ...
Tags: Amazon, Nordstrom, Trends, Nike, Getty Images, Jeff Bezos, Black Lives Matter, McDonald, Santa Monica California, Andy Jassy, Frederic J Brown, Ulta Beauty, Jassy, Samantha Lee, Imperfect Foods, Jeffrey Greenberg Universal Images Group


Dogecoin's $10 billion valuation now makes it bigger than these 11 well-known companies

Dogecoin is a cryptocurrency based on the Doge meme, started seemingly as a joke Yuriko Nakao/Getty Images Dogecoin's 1,500% rally in 2021 had made the meme-based cryptocurrency worth $10 billion.These 11 well-known companies are now worth less than a shiba inu-inspired cryptocurrency.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Dogecoin, a meme-inspired cryptocurrency that was started as a joke in 2013, is now worth more than $10 billion after a gravity-defying ...
Tags: Elon Musk, New York, Trends, Ubs, Airbus, Snoop Dogg, Gamestop, Jetblue Airways, Wendy, Brendan McDermid Reuters, Herald Square, Markus, John Chen, Gene Simmons, Lucas Jackson, Shake Shack


Biden is reportedly beefing up the national security panel CFIUS to scrutinize Chinese investment in US tech startups

Then Vice President Joe Biden and Chinese President Xi Jinping during the Obama administration. Frederic J. Brown/AFP via Getty Images Under President Joe Biden, CFIUS will scrutinize Chinese investment in US startups, the Wall Street Journal reported. CFIUS will likely order divestments of US tech firms during 2021, officials told WSJ. It will examine deals where investors have bought into US firms via intermediaries, they said. Visit Business Insider's homepage for more stories. A govern...
Tags: Obama, China, Russia, US, Trends, Joe Biden, Xi Jinping, Biden, Donald Trump, Huawei, Wall Street Journal, Journal, Trump, Indiana University, Reid Whitten, Sheppard Mullin


A 'perfect storm' of pandemic fatigue, crowded housing, and a new variant turned LA into a coronavirus epicenter

A waitress takes customers' orders in the outdoor seating area of a restaurant on January 28, 2021 in Los Angeles. Valerie Macon/AFP/Getty Images Los Angeles has seen more coronavirus cases and deaths than any other county in the US. The majority of LA infections were recorded during a deadly winter surge over the last two months. Epidemiologists say a few factors turned LA into a coronavirus epicenter: the emergence of a local variant, escalating pandemic fatigue, and a high share of ...
Tags: UK, Science, News, California, La, US, Los Angeles, Trends, Brazil, West Coast, Eric Garcetti, Los Angeles Times, Trulia, Gavin Newsom, Valentine, Southern California


Chinese leader Xi Jinping warns against the consequences of a 'new cold war' in first speech since Biden's inauguration

Then Vice President Biden met with Chinese President Xi Jinping at a 2012 meeting in California. China now has the lead in 5G infrastructure, but experts say don't count Silicon Valley out yet. Frederic J. Brown/AFP via Getty Images Chinese leader Xi Jinping preached about multilateralism at the World Economic Forum on Monday. Xi warned about the consequences of a "new Cold War," in a veiled message to President Joe Biden.  "We cannot tackle common challenges in a divided world and con...
Tags: Politics, News, Senate, China, US, Trends, Joe Biden, Taiwan, Beijing, Xi Jinping, Silicon Valley, State Department, Biden, Xinjiang, Donald Trump, Trump


7 fast-food chains that are thriving in the pandemic

A Chick-fil-A employee delivering food to a drive-thru customer. Chick-fil-A The coronavirus pandemic has been detrimental to the restaurant and fast-casual dining industries. However, many fast-food chains have seen growth in sales, despite facing challenges. Chains like Chick-fil-A, Taco Bell, and McDonald's have seen success due to drive-thru sales. Visit Business Insider's homepage for more stories. The coronavirus pandemic posed many challenges to the fast-food industry, but some chai...
Tags: Business, America, Trends, Features, Fast Food, Retail, Starbucks, Jack, Cnbc, Kfc, Taco Bell, Travis Scott, Wendy, HARRIS, McDonald, Chick


State Capitol Protests Over Weekend Small Compared To Heavy Police Presence

(CBS13/CNN) — Officials were prepared this weekend for potential unrest ahead of Inauguration Day, but the small groups of protesters that gathered at state capitols across the country were dwarfed by the heavy presence of law enforcement. Demonstrations remained small and peaceful as of Sunday night, despite warnings that armed protests were being planned at all 50 state capitols and the US Capitol ahead of President-elect Joe Biden’s inauguration. In Michigan, a group of several dozen demonstr...
Tags: News, Colorado, California, Oregon, US, Local, California News, Sacramento, Los Angeles, Joe Biden, Cnn, Fbi, Austin, US Postal Service, Washington Dc, Protests


11 things Elon Musk said Tesla would accomplish in 2020, and how those promises panned out

Elon Musk made a lot of bold predictions for 2020. Amy E. Price/Contributor/Getty Images From sending 1 million people to Mars by 2050 to rolling out 1 million self-driving taxis, Elon Musk is no stranger to bold predictions.  Tesla had an extraordinary 2020 — it delivered nearly half a million cars, launched the Model Y, and made progress on two new factories.  But Musk failed to deliver on promises including launching the "full self-driving" feature and starting to build the Tesla Roadst...
Tags: Elon Musk, New York, Mexico, China, Berlin, US, Los Angeles, Trends, Tesla, Airbnb, Epa, Mars, Musk, Austin Texas, Anheuser Busch, Teslas


Homeless parents' lawsuit forcing New York City to provide WiFi for 114,000 homeless students will head to trial

Frederic J. Brown/AFP via Getty Images A federal judge advanced a lawsuit to expedite the roll-out of WiFi to homeless shelters across the city. There are more than 114,000 homeless students in New York City.  The class-action suit was filed on behalf of homeless students across the city who have been unable to access the internet in homeless shelters during periods of remote learning this year.  The city provided students with iPads with unlimited cellular data, but many students have ha...
Tags: Verizon, Education, New York City, US, City, Trends, Bill De Blasio, Homeless, Wifi, De Blasio, City Hall, Nathan, Law Department, Legal Aid Society, Frederic J Brown, Alison Nathan


As COVID-19 struck, healthcare workers struggled to survive; thousands died

By Christina Jewett and Robert Lewis | Kaiser Health News Workers at Garfield Medical Center in suburban Los Angeles were on edge as the pandemic ramped up in March and April. Staffers in a 30-patient unit were rationing a single tub of sanitizing wipes all day. A May memo from the CEO said N95 masks could be cleaned up to 20 times before replacement. Patients showed up COVID-negative but some still developed symptoms a few days later. Contact tracing took the form of texts and whispers about ex...
Tags: Business, New York, News, Minnesota, Supreme Court, California, Cdc, Nigeria, California News, Fresno, Los Angeles, Sport, Harvard, Soccer, South Africa, Queens


The next stimulus bill should include government-issued vouchers for local restaurants

A customer receives his takeout order from a restaurant in Los Angeles, California on December 1, 2020. FREDERIC J. BROWN/AFP via Getty Images Restaurants, bars, and brick-and-mortar small businesses have been unequally impacted by the pandemic as US consumers stay home or spend more online. Past stimulus contributed to higher rates of savings among US consumers as many Americans held onto cash. Additional stimulus in the form of local business vouchers for Americans can provide high econo...
Tags: Congress, China, US, Trends, Los Angeles California, Frederic J Brown, Journal of Public Economics, Paycheck Protection Program, Getty Images Restaurants, Emil Skandul, Capitol Foundry, US Harvard, Gabriel Chodorow Reich


Los Angeles County - the largest county in the country - reports 35% spike in COVID-19 hospitalizations since November

People arrive at a Covid-19 testing center despite the Stay-At-Home regulation underway in Los Angeles, California on December 8, 2020. - More than 8,000 new Covid-19 cases and another record for hospitalization was reported for Los Angeles County on December 8, 2020. FREDERIC J. BROWN/AFP via Getty Images Over 3,100 people are now hospitalized with COVID-19 in Los Angeles County, public health officials said Tuesday. The number of people hospitalized has risen by nearly 1,000 in just over...
Tags: Science, News, California, America, Los Angeles, Trends, Associated Press, Charles Davis, Eric Garcetti, Los Angeles Times, Los Angeles County, Los Angeles California, Frederic J Brown, Barbara Ferrer, Los Angele County, Coronavirus


Pasadena and Beverly Hills are pushing back against LA County's COVID-19 order by breaking with restrictions or talking about forming their own health department

The recent LA County order bans in-person dining through December 20. Restaurants can remain open for delivery and takeout. FREDERIC J. BROWN/AFP via Getty Images Pasadena and Beverly Hills are among some cities located within Los Angeles County that are pushing back on the latest COVID-19 restrictions as they relate to in-person dining. The City of Pasadena, which has its own public health department, broke from the county order and will continue to allow outdoor dining, but plans to focu...
Tags: Politics, Science, Los Angeles, Trends, Beverly Hills, Pasadena, Eric Garcetti, Los Angeles Times, Los Angeles County, Whittier, LA County, Frederic J Brown, Lisa Derderian, Derderian, LA County Department of Public Health, Coronavirus


'Cancel everything': Los Angeles' mayor urges residents to stay a home in a new order that mirrors the county's

A sign reminds motorists of the Los Angeles County stay-at-home regulation in place for the next three weeks on December 1, 2020. FREDERIC J. BROWN/AFP via Getty Images Los Angeles Mayor Eric Garcetti urged the city's residents to "cancel everything" on Wednesday night. However, the new stay-at-home order issued Wednesday does not add any new restrictions to Los Angeles County's order issued last week, local television station KABC reported. The tougher language comes amid a surge in COVID...
Tags: Politics, Science, Los Angeles, Trends, Charles Davis, Eric Garcetti, Don, Los Angeles County, KABC, Garcetti, Frederic J Brown, Los Angeles County Department of Public Health, Getty Images Los Angeles, Coronavirus, COVID-19, COVID


'Cancel everything': Los Angeles' mayor urges residents to stay at home in a new order that mirrors the county's

A sign reminds motorists of the Los Angeles County stay-at-home regulation in place for the next three weeks on December 1, 2020. FREDERIC J. BROWN/AFP via Getty Images Los Angeles Mayor Eric Garcetti urged the city's residents to "cancel everything" on Wednesday night. However, the new stay-at-home order issued Wednesday does not add any new restrictions to Los Angeles County's order issued last week, local television station KABC reported. The tougher language comes amid a surge in COVID...
Tags: Politics, Science, Los Angeles, Trends, Charles Davis, Eric Garcetti, Don, Los Angeles County, KABC, Garcetti, Frederic J Brown, Los Angeles County Department of Public Health, Getty Images Los Angeles, Coronavirus, COVID-19, COVID


Ex-Zappos CEO Tony Hsieh has died at 46. Here's how the iconic entrepreneur went from selling pizzas from his Harvard dorm to leading the shoe company he sold to Amazon for $1.2 billion

FilmMagic/Getty Images Zappos CEO Tony Hsieh has died at the age of 46.  Hsieh, a Harvard grad, went from selling pizza out of his dorm room to establishing himself as an eccentric and well-liked entrepreneur.  In his first year at the company, Zappos went from almost nothing in sales to $1.6 million.  Hsieh moved Zappos headquarters to Las Vegas, Nevada, and began an initiative to make the city another Silicon Valley. He announced in August he was retiring after more than 20 years at the...
Tags: Amazon, News, Microsoft, Washington Post, Careers, San Francisco, Trends, Strategy, E-commerce, Features, Getty Images, Harvard, Connecticut, Retail, Silicon Valley, Las Vegas


People are waiting on long lines for coronavirus tests ahead of the Thanksgiving holiday

People stand in line at a clinic in Long Beach, California offering quick coronavirus testing for a fee, on Monday, June 29, 2020. Brittany Murray/MediaNews Group/Long Beach Press-Telegram via Getty Images Health officials are asking people to avoid large gatherings this week, but people are lining up to get tested in droves ahead of the holiday. About 40% of people responding to a poll conducted by Ohio State University said they are planning to gather in person with 10 or more people thi...
Tags: Science, News, Thanksgiving, Boston, US, Trends, Features, Washington Dc, Anthony Fauci, Centers For Disease Control And Prevention, Boston Globe, Ohio State University, Los Angeles California, Salt Lake City Utah, Long Beach California, Fauci


Jockey Aaron Gryder retiring with plenty of memories, no regrets

Jockey Aaron Gryder rides Calidoscopio to victory in the Breeder’s Cup Marathon race on Nov. 2, 2012 at Santa Anita racetrack. (Photo by Frederic J. Brown/AFP via Getty Images) Jockey Aaron Gryder rides Calidoscopio (R#6) to victory in the Breeder’s Cup Marathon race at the Santa Anita racetrack in Arcadia, California, on November 2, 2012 AFP PHOTO / Frederic J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP via Getty Images) Sound The gallery will resume in seconds ...
Tags: US, Sports, Sport, Soccer, United Arab Emirates, Dubai, Horse racing, John Gosden, Tijuana, Southern California, Great Britain, Gulf, Wilson, Northern California, Tom, Inglewood Calif


Tesla soars as much as 13% after the automaker nabs a spot on the exclusive S&P 500 index

FREDERIC J. BROWN/AFP via Getty Images Tesla's shares rose 13% in regular trading on Tuesday after the electric vehicle maker finally scored an entry into the S&P 500 index.With a market capitalization of $400 billion, Tesla will be one of the 10 most valuable companies on the index when it joins on December 21.Billionaire founder Elon Musk's wealth grew by $15 billion as the announcement sent Tesla's shares 15% higher in after-hours trading."This sort of gain is actually more than the mar...
Tags: Facebook, Mark Zuckerberg, Elon Musk, US, America, Trends, Tesla, Deutsche Bank, Goldman, Musk, Jpmorgan, Kohl, Frederic J Brown, Moderna, Getty Images Tesla, Adam Vettese


Tesla soars 13% after the automaker nabs a spot on the exclusive S&P 500 index

FREDERIC J. BROWN/AFP via Getty Images Tesla's shares rose 13% in pre-market trading on Tuesday after the electric vehicle maker finally scored an entry into the S&P 500 index.With a market capitalization of $400 billion, Tesla will be one of the 10 most valuable companies on the index when it joins on December 21.Billionaire founder Elon Musk's wealth grew by $15 billion as the announcement sent Tesla's shares 15% higher in after-hours trading."This sort of gain is actually more than the ...
Tags: Facebook, Mark Zuckerberg, Elon Musk, US, America, Trends, Tesla, Deutsche Bank, Goldman, Musk, Jpmorgan, Kohl, 460, Frederic J Brown, Moderna, Getty Images Tesla


Costco is changing its mask policy, barring people with medical conditions from entering stores without a mask or face shield

Costco is updating its mask policy. Frederic J. Brown / AFP Costco is updating its mask policy to require all shoppers — even those with medical conditions — to cover their faces in stores. If someone has a medical condition that prevents them from wearing a mask, Costco's new policy requires them to wear a face shield. The new policy goes into effect on Monday, November 16. "This updated policy may seem inconvenient to some, however we believe the added safety is worth any inconvenience,"...
Tags: US, Trends, Costco, McDonald, Kate Taylor, Craig Jelinek, Frederic J Brown


Costco is changing its mask policy, banning people with medical conditions from entering stores without a mask or face shield

Costco is updating its mask policy. Frederic J. Brown / AFP Costco is updating its mask policy to require all shoppers — even those with medical conditions — to cover their faces in stores.  If someone has a medical condition that prevents them from wearing a mask, Costco's new policy requires them to wear a face shield.  "This updated policy may seem inconvenient to some, however we believe the added safety is worth any inconvenience," Costco CEO Craig Jelinek wrote in a letter to shopper...
Tags: US, Trends, Costco, McDonald, Kate Taylor, Craig Jelinek, Frederic J Brown


Trump tweeted a video linked to long-debunked allegations of voter fraud in California, asking: 'Is this what our country has come to?'

Frederic J Brown/AFP via Getty Images, Mandel Ngan/AFP via Getty Images President Donald Trump tweeted a video Wednesday night about mail-in ballots. The video had previously been linked to false claims of election fraud. The video, originally posted on November 5, shows two election workers collecting mail-in ballots from a drop box in LA County on November 4, the day after Election Day. After the original video was posted, some Twitter users claimed these ballots were invalid. This was ...
Tags: Twitter, Politics, California, Trends, Joe Biden, Getty Images, Fox News, Biden, Donald Trump, Trump, Reuters, Election 2020, Los Angeles County, Donald J Trump, LA County, Trump Twitter


McDonald's is getting into plant-based meats

Hi! Welcome to the Insider Advertising daily for November 10. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]: We are looking for nominations for our annual list of rising stars of Madison Avenue. Submit your nominations here by November 16.Today's news: McDonald's gets into plant-based meat, AMC stock soars on COVID vaccine news, and Trump's re...
Tags: UK, New York, Media, Washington, White House, Amc, Advertising, Marketing, Disney, US, Trends, Syria, New York Times, Mcdonald's, Pfizer, Amc Theatres