Business

When Instagram exploded in popularity, so did posting photos of food. Restaurants took note of the free marketing possibilities and invented eye-catching concoctions like rainbow bagels and Starbucks’ Unicorn Frappuccino. But now the Instagram trend has evolved to include more expensive investments — from customized tiles to handmade tables. “I feel like Instagram is basically
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In the 19th century, a few pioneering entrepreneurs set out to make a tropical fruit the most popular in the U.S. They succeeded, and the banana is still Americans’ favorite fruit. In the last decade, the U.S. imported an average of $2.2 billion worth of bananas each year, largely from Central and South America. Most
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An improved camera system will be a major selling point for Apple‘s 2019 iPhone lineup, according to a research note from TF International Securities analyst Ming-Chi Kuo. Improved cameras and picture quality could give consumers a reason to upgrade from older models as iPhone sales growth has stalled in recent years. Camera quality is frequently
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United Continental Holdings, the parent company of United Airlines, reported first-quarter earnings Tuesday that beat Wall Street profit expectations but fell shy of revenue estimates as the airline grapples with the prolonged grounding of Boeing’s 737 Max jets. Here’s what the company reported versus what analysts polled by Refinitiv expected: Adjusted earnings per share: $1.15
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The much anticipated eighth season premiere of “Game of Thrones” aired Sunday — and viewership was hotter than dragon fire. Coming back from its longest hiatus in series history, “Game of Thrones” earned its highest showing for a first-run telecast with an average of 17.4 million viewers, exceeding the previous series high of 16.9 million
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Bristol-Myers Squibb CEO Giovanni Caforio told CNBC on Friday the company is “one step closer to creating that great company” after shareholders greenlit a $74 billion takeover of Celgene. He expects that the deal for the cancer drugmaker will close in the third quarter. “When the two companies come together, we’ll have two growing businesses,”
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Disney Chairman and CEO Bob Iger explained to CNBC’s David Faber that he believes customers will flock to the company’s new streaming service, Disney+, thanks to a unique combination of factors. “I’m pretty optimistic about the ability for this thing to work. Particularly when you make it accessible because of the content we’re putting on,
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Chris Phillips, the head of men’s and kids’ clothing at Stitch Fix, is leaving the subscription-based styling platform to become CEO of online-based menswear brand Mizzen+Main, known for its moisture-wicking and wrinkle-free shirts, CNBC has learned. Mizzen+Main founder and CEO Kevin Lavelle will be leaving to The Seminar Network, which is part of the influential
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For restaurants, minimum wage hikes usually mean higher menu prices and fewer employee hours, according to a survey released Wednesday. Harri, a workplace management software company that works with restaurants, surveyed 173 restaurants between Feb. 28 and March 15 about the impact of raising the minimum wage. The respondents represent more than 4,000 restaurant locations
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