Blog

Heineken is among drink stocks that just got whacked after a warning bad weather in Europe will curb beers in the sun

//
Categories
European drink stocks are dropping after an analyst warned bad weather could mean beverage sales go flat this summer. Shares in Carlsberg, Heineken, and Fever-Tree closed more than 2% lower on Friday. Jefferies analyst Edward Mundy warned summer sales could falter compared with last year, when they benefited from a heatwave, a FIFA World Cup,...
Read More →

Stocks are popping on Trump’s Mexico tariff suspension. But the market’s still littered with major risks, experts warn.

//
Categories
Ongoing US-China trade tensions are still a major wildcard that investors have to grapple with, strategists and economists warn, even as markets respond positively to the Mexico tariff suspension. “Potent risks” surrounding trade talks around the G-20 summit later this month are still on the table, one strategist said Monday.  Visit Markets Insider’s homepage for...
Read More →

A New York designer says luxury property isn’t about how much money you spend, and it shows a major shift in priorities among the elite

//
Categories
Luxury real estate is about experience, not aesthetic, according to New York-based designer Andrew Kotchen of architecture and design firm Workshop/APD. The emphasis on experience as a defining part of luxury helps explain why more luxury condo developers are pouring money into wellness amenities like rooftop running tracks and private spas. It’s part of a...
Read More →

Baltimore police are investigating a woman’s claim that she was abducted and sexually assaulted by her Uber driver (UBER)

//
Categories
Police in Baltimore, Maryland, are investigating a claim that a 25-year-old passenger was raped by an Uber driver. Investigators have not yet named the suspect. Police said the passenger’s father was able to track the location of her phone and called 911. Uber said its assisting with the investigation and has fired the driver. Authorities...
Read More →