5 top DTC VCs told us why health and wellness and beverages are the hottest categories and where they plan to place their bets in 2020 2020/01/19 22:01:43 Business Insider
DTC investors see huge opportunity in companies with a health and wellness bent, like 8Greens, Daily Harvest, Kin Euphorics, and Talea Beer. People are increasingly health-conscious and seeking beverages with benefits, said investors from Forerunner Ventures, Torch Capital, and others. The investors have also been encouraged by high-profile exits in these categories and a decline in alcohol consumption. Click here for more BI Prime stories. Despite WeWork's implosion and newly listed public companies including Uber and Lyft underperforming in 2019, venture capitalists will pump nearly $100 billion into startups in 2020. Some of it is going to direct-to-consumer startups in categories from alcohol to beauty to home security. DTC investors from Forerunner Ventures, Torch Capital, and others told Business Insider they especially see huge opportunity in companies with a health and wellness bent, like 8Greens, Daily Harvest, Kin Euphorics, and Talea Beer. We asked five investors why health and wellness are hot categories and which companies they're betting on.
The rise and fall of Bed Bath & Beyond, one of America's most iconic big box retailers 2020/01/18 15:10:00 Business Insider
Since its founding in 1971, Bed Bath & Beyond has been a go-to destination for home goods, appealing to shoppers with its convenient and affordable "superstore" model. In recent years, however, the retailer has shown significant signs of struggle , with several quarters of poor sales and dramatic executive shakeups . Here's a closer look at the rise and fall of Bed Bath & Beyond. Visit Business Insider's homepage for more stories. Once the golden child of big-box stores, Bed Bath & Beyond is now struggling to stay afloat. The retailer will shutter 44 stores across eight states in the next year as it attempts to course-correct in the wake of disappointing sales and executive turmoil . Bed Bath & Beyond was once a leading home goods retailer, appealing to shoppers across the nation with its strategy of abundance. The beloved store, which lined strip malls across the country, became known for its huge assortment of products spanning every color and style imaginable. Over the years, it became a go-to destination for just about anything and everything for the home and — true to its name — beyond.
An ISIS preacher captured in Iraq was apparently so overweight that police had to take him away in the back of a pickup truck 2020/01/17 14:36:48 Business Insider
A well-known ISIS preacher was captured by Iraqi police, but he was apparently so overweight he had to be taken away in the back of a truck. Shifa al-Nima was captured in the Mansour neighborhood of Mosul by the Nineveh police command, according to Iraqi police. Police said he incited extremist ideology and pledged allegiance to ISIS during their control of Mosul. Pictures posted to social media appear to show al-Nima being put in the back of a pickup truck by Iraqi forces. See Insider's homepage for more stories. A well-known ISIS preacher was captured by police forces in Iraq on Thursday, but he was so overweight he had to be carried away in the back of a truck. Police in Iraq posted a tweet on Thursday announcing that Shifa al-Nima was captured in the Mansour neighborhood in Mosul by the Nineveh police command. Recent photos that appear to show extremely overweight of al-Nima started to circulate on Twitter, including one that shows him slumped in the back of what appears to be a police pickup after his arrest Insider has not been able to independently verify that the pictures show al-Nima or the moment of his capture.
14 cult-favorite products from Costco that are worth every penny 2020/01/16 16:05:50 USA Today
Costco sells a huge variety of bulk items, but there are a few fan-favorite products that people seem to buy over and over again, from tasty snacks to tires for your car.
The romaine-linked E. coli outbreak is officially over, federal officials say 2020/01/16 14:37:03 Business Insider
A multi-state E.coli outbreak tied to romaine lettuce is over, federal officials said Thursday. The FDA and CDC in November warned people against consuming romaine grown in Salinas, California, as officials investigated outbreaks involving three separate strains of E. coli that sickened more than 167 people. Visit Business Insider's homepage for more stories . A romaine-linked E. coli outbreak that sickened more than 167 people is officially over, federal officials said Thursday. That means it's now safe to consume the lettuce, according to the Centers for Disease Control and the Food and Drug Administration. The agencies issued an advisory in November warning people against consuming romaine grown in Salinas, California, as officials investigated outbreaks involving three separate strains of E. coli. One of the outbreaks sickened more than 167 people in 27 states. About 85 people were hospitalized and more than a dozen people developed kidney failure. "The FDA is lifting the consumer advisory to avoid romaine lettuce from Salinas as the growing season for this region is over, and there is no longer a need for consumers to avoid it," the FDA said in a statement. "There is also no need to avoid other produce products from Salinas." Even though the outbreak is over, health officials are still investigating the source.
A 4-year-old girl in Iowa went blind after the flu caused a rare disease to impair her brain function 2020/01/13 17:42:09 Business Insider
Jade DeLucia, a 4-year-old in Iowa, was not vaccinated this flu season and wound up in intensive care. On January 1, her parents discovered that the flu had affected the part of DeLucia's brain that perceived sight. This year's flu season might be the deadliest one yet. According to the Centers for Disease Control and Prevention, 2,900 people, including 27 children, have already died after getting the flu. The CDC recommends everyone six months and older get new vaccinations every flu season. Visit Insider's homepage for more. It's flu season and the viral infection has already cost one 4-year-old girl her sight. Jade DeLucia did not receive a flu shot this season and spent two weeks fighting for her life in the intensive care unit at University of Iowa Stead Family Children's Hospital, according to CNN. A few days before Christmas, Jade's parents noticed she seemed subdued , CNN reported. By December 23, Jade had to be flown in an emergency helicopter to a children's hospital. Her father said he didn't think he'd ever see her again.
How Has COST Performed 30 Days Post Earnings 2020/01/11 16:30:06 Zacks Investment Research
Costco (COST) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The 7 types of accounts you need to accelerate your wealth, according to a financial adviser 2020/01/11 14:45:00 Business Insider
If you've got all or most of your money in a single investment account, you're missing serious opportunities to build wealth. One of the biggest wealth secrets is to earn money on your money, whether it's in checking, savings, or being put aside for retirement. It's a good idea to designate specific accounts for specific purposes, like paying your taxes (especially if you're self-employed) and investing in yourself. SmartAsset's free tool can help find a financial adviser to create your own wealth-building plan » If you're serious about building wealth, there are seven types of accounts you need to have to make it happen. Don't worry if you don't have them right now – that's the whole point of this article. I didn't have them either when I began my wealth-building journey, but I added them as I moved forward. You can do the same. And once you have them up and running, you're going to see your wealth begin to grow faster than you ever imagined. It's all about creating the right mix of accounts.
Costco employees reveal 8 rumors about the members-only warehouse chain that aren't true 2020/01/11 14:45:00 Business Insider
Costco's members all know that the warehouse chain has a few quirks. But sometimes, confusion around those policies can lead to popular myths. Business Insider reached out to several employees to share myths they've heard about their employer. From overly inflated starting wages to misperceptions around warehouse policies, here are the biggest rumors about Costco that aren't true. Sign up for Business Insider's retail newsletter, The Drive-Thru. Visit Business Insider's homepage for more stories. Costco is a chain with plenty of quirks, from its popular food court to its penchant for surprise buys. As a result, the members-only warehouse chain has developed an almost cult-like following. But consumers' fascination with Costco has also led to a number of misconceptions about the chain spreading around. Costco did not immediately respond to Business Insider's request for comment on this story. Business Insider asked several current Costco employees to share popular rumors they hear about their employer that simply aren't true.
Bank of America offers some great lesser-known cards, from the Alaska Visa to the Premium Rewards card. Here are our top 5 picks. 2020/01/10 21:17:00 Business Insider
Bank of America offers a surprising number of rewards credit cards, each of which offers their own unique earning structure and suite of perks. Some of the best options include the Bank of America® Premium Rewards® Visa® credit card and the Alaska Airlines Visa Signature® credit card . If you happen to belong to the Bank of America Preferred Rewards program, you can rack up 25% to 75% more rewards with most of their cards. How much you'll earn in bonus rewards depends on the tier you qualify for within the Preferred Rewards program. Make sure to compare Bank of America credit cards in terms of their sign-up bonuses and ongoing rewards. The right card for you will offer the best combination of rewards for spending, cardholder perks, and redemption options. See Business Insider's picks for the best rewards cards » While Chase and American Express tend to grab all the headlines, there are plenty of other issuers that offer valuable rewards and travel credit cards. Bank of America is one such off-the-radar issuer that boasts a surprising number of cash-back and travel rewards cards to fit any spending style, some with no annual fee .
Raising Canes' CEO had a disastrous Reddit AMA in which he dodged questions on Trump, LGBT issues, and Cane's sauce 2020/01/02 17:03:19 Business Insider
Raising Cane's CEO Todd Graves had a disastrous Reddit AMA on Wednesday, after he failed to live up to the "ask me anything" prompt. Reddit users turned on Graves after he declined to comment on what he called "touchy issues," such as LGBT rights, President Donald Trump, and abortion. Raising Cane's did not immediately respond to Business Insider's request for comment on the AMA. Sign up for Business Insider's retail newsletter, The Drive-Thru . Visit Business Insider's homepage for more stories . Raising Cane's CEO Todd Graves had a disastrous Reddit AMA — an "ask me anything" session — after he declined to answer many of people's biggest questions. On Wednesday, Graves posted : "My name is Todd Graves, I am the CEO and founder of Raising Cane's Chicken Fingers! AMA." Graves founded Raising Cane's, a chicken-finger chain that is quickly expanding, in 1996. While Reddit's AMAs are popular in large part because people have the chance to ask unexpected and sometimes difficult questions, Graves quickly alienated many Reddit users by avoiding certain topics. "I prefer not to comment on touchy issues such as this," Graves said in response to a question about his thoughts on LGBT rights. "All I will say, is that how people choose to live their life really isn't my business.
Beyoncé shared a highlight reel of 2019 with behind-the-scenes footage from family birthday parties 2020/01/01 20:02:39 Business Insider
Beyoncé shared a 2019 highlight reel on Instagram on New Year's Day. The video featured behind-the-scenes footage of family birthday parties, premieres, photoshoots, and planning sessions. The singer, songwriter, actress, and mogul had a busy year — starring in "The Lion King", releasing "Homecoming" on Netflix, winning awards, and more. Visit Insider.com for more stories. Beyoncé let her fans see inside her biggest events of 2019 in a video she posted to Instagram on New Year's Day. The highlight reel features behind-the-scenes footage of birthday parties for twins Rumi and Sir, daughter Blue Ivy, Diana Ross, Adele, Sean "Diddy" Combs, and her mom Tina Knowles. The video also showed the mogul attending "The Lion King" premieres, the Oscars, the NAACP Image Awards, the Netflix premiere of her film "Homecoming", and the NBA playoffs. Former first lady Michelle Obama and actress Sandra Oh also appeared in the video giving Beyoncé well wishes. A post shared by Beyoncé (@beyonce) on Dec 31, 2019 at 11:48pm PST Beyoncé and her daughter Blue Ivy, who turns eight years old next week, were spotted celebrating New Year's with rapper Megan Thee Stallion, who posted two photos to her Instagram on Wednesday.
A new trailer for Justin Bieber's new documentary teases how intimate the series will be and shows a lot of footage with his new wife Hailey Baldwin 2019/12/31 18:39:30 Business Insider
Justin Bieber released the first trailer for his upcoming 10-episode YouTube docuseries titled "Justin Bieber: Seasons." The docuseries will address how Bieber has spent the past four years, including the aftermath of him abruptly canceling dates from his "Purpose" world tour in 2017 . "As humans, we go through so many ups and downs, so many good seasons, bad seasons," the 25-year-old singer says in the video. "Sometimes we want to give up." The trailer shows footage from Bieber and Hailey Bieber's (née Baldwin) formal wedding ceremony that was held on September 30, 2019, in South Carolina. "There's a lot of pressure that I think people don't see," Hailey, who appears at several points in the video, says. "Maybe by watching this, people will kind of get a glimpse into his world." Fans will also get an inside look at Justin in the studio, developing his upcoming new album, which he says is "different because of where I'm at in my life." The first episode of "Justin Bieber: Seasons" will premiere on Monday, January 27 at 12:00 p.m.
New Hybrid Keto Diet Grocery Concept 2019/12/31 13:35:00 PR Newswire
FORT COLLINS, Colo., Dec. 31, 2019 /PRNewswire/ -- In the last year, keto approved products have seen a surge in availability everywhere from your local grocery to large retail outlets like Costco. In the swell of popularity, low-carb and keto friendly brands have been emerging bringing…
Former Nissan CEO Carlos Ghosn fled prosecution in Japan in a private jet, under a fake name, hiding in a musical instrument box, reports suggest 2019/12/31 11:27:18 Business Insider
Former Nissan chief executive Carlos Ghosn has fled to Lebanon from Japan, where he faced trial on financial misconduct charges. It is unclear how Ghosn managed to leave Japan, where he had surrendered his passports after his arrest in November 2018. An official told Japan's NHK broadcaster that they had no record of Ghosn leaving. According to reports in Lebanese media, Ghosn hid in a box meant for musical instruments to escape Japan. A source told The Wall Street Journal that Ghosn travelled to Lebanon via Turkey. Visit Business Insider's homepage for more stories . Extraordinary details are emerging of how former Nissan CEO Carlos Ghosn managed to flee to Lebanon from Japan, seemingly evading his prosecution there. Ghosn was not supposed to have been able to leave Japan. He was barred from travelling abroad as part of a $13 million bail agreement he struck while awaiting trial on financial misconduct charges. Late on Monday, multiple news agencies reported that Ghosn had arrived in Lebanon, where he holds citizenship.