NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

Customers arrive at a Cava restaurant in New York City on June 22, 2023. Shares of the company rose 7% in extended trading. The stock has more than doubled its value this year, bringing Cava’s market cap up to about $11.6 billion, as of Thursday’s close. Here is...

Cava earnings beat estimates as restaurant traffic climbs nearly 10%

The Motley Fool

Data streaming is becoming a critical technology for a growing number of businesses.

1 Unstoppable Stock Down 79% to Buy Hand Over Fist, According to Wall Street

Dutch Bros is growing through new stores and higher same-store sales. Individual investor goals aren't always the same as those of investment management firms. Starbucks has been in the news, but this lesser-known coffee chain has much bigger opportunities. Starbucks made big news last week with its poaching of Chipotle...

Forget Starbucks: Billionaires Are Buying Up This Coffee Chain Stock Instead

New York Post

Lowe’s cut its annual profit and sales forecasts on Tuesday, echoing bigger rival Home Depot’s concerns of a slim chance of a recovery in home improvement demand this year.

The Federal Reserve was expected to cut interest rates earlier this year, but insufficient proof of easing inflation thus far has kept the rates high, which is affecting home sales, and consequently demand for expensive renovation projects.

“We’re seeing significant implications … people aren’t moving nearly as often as they typically do because current mortgage rates are so much higher,” said CEO Marvin Ellison on a post-earnings call.



Big box retailers peddle Halloween products in...

Lowe’s follows rival Home Depot with dismal profit forecast: ‘People aren’t moving’

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NewsNinja

"They get more than us, Why nobody told me about this?". If you're looking for a tasty option that won't break the bank, a Chick-fil-A's kids' meal might be just what you're after. It seems like a great deal. In fact, some people argue it's a better deal than a regular adult meal. This TikToker took the audience through the ins and outs of this meal.

Chick-fil-A customer says they’ll never order a full meal again after seeing kids’ meal

MercadoLibre continues to dominate the Latin American e-commerce space. The Trade Desk continues to put up rapid growth as the ad tech leader. Sweetgreen is finding eager customers and has a breakthrough tech innovation. The stocks have jumped on their earnings report. Here's why they could keep rallying. August has...

3 Soaring Stocks That Are Screaming Buys in August

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Burger King is about to get a lot of Walmart customers without actually being in a Walmart. The retail giant on Thursday announced a unique offer providing members of its Walmart+ program 25% off Burger King orders made through the chain’s mobile app or website. Those members will also get a free Whopper with any purchase every three months.

Burger King will give discounts and free Whoppers to Walmart customers

Apple isn't putting up the growth numbers needed to justify the high price investors pay.

1 Stock I Wouldn't Touch With a 10-Foot Pole, Even After the Market Sell-Off Dropped Its Price

Florida State

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Lake Panasoffkee, FL

Akeena

Catfish Johnny’s, a beloved seafood restaurant known for its fresh catches and lively atmosphere, faced a temporary shutdown following a state inspection. This popular dining destination, which has delighted locals and tourists alike for 33 years, was briefly closed after the Florida Department of Business and Professional Regulation (DBPR) flagged multiple violations.

Florida’s Favorite Seafood Spot Closed After State Inspection

Massachusetts State

Camilo Díaz

(MA) Meet Ginger, an adorable Chihuahua mix pup who is ready to move into your heart and house! This pup, along with her doggie siblings, were very well cared for and very loved before tragedy struck. Sadly, Ginger's owner passed away leaving her and her siblings without a home. Luckily, Great Dog Rescue New England took in Ginger and placed her safely with a foster. Now Ginger is just waiting for the last move she will need to make. Her pup bags are packed and she's just waiting for you to go get her!

This Little Chihuahua Who Lost her Owner Is Now Looking For A New Family

New York City, NY

On this week’s podcast, Pat Cobe, senior menu editor of Restaurant Business, and Bret Thorn, senior food & beverage editor of Nation’s Restaurant News and Restaurant Hospitality, discussed pumpkin spice season, which is upon us in August just as it is every year, despite annual complaints that it arrives too early. But as Pat observed, operators know when their customers want to start buying those autumnal items, and that time is now.

Pumpkin spice season, New York's month-long 'restaurant week' and summer menu pricing

Denver, CO

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Markets Insider

Gold jumped past $2,500 an ounce on Friday, reaching a new high. The metal is rallying on bets the Fed will soon cut rates.

Why gold prices just hit a record

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Business Times

Macy's Inc. (M) continues to grapple with declining sales as it faces an increasingly cautious consumer base, prompting the department store giant to lower its full-year sales forecast.

Macy’s Struggles Persist Amid Soft Consumer Spending and Revised Sales Forecast

TheStreet

Nvidia’s earnings report next week will be the weather vane of the AI industry.

Analyst resets Nvidia stock price target before earnings

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope for Friday, August 23rd

NewsBreak

Inflation-weary consumers are trading down, up and over to Cava

Inflation-weary restaurant diners are trading down, up and over. And apparently ending up at Cava. The Washington, D.C.-based chain on Thursday reported same-store sales up 14.4%...

Inflation-weary consumers are trading down, up and over to Cava

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