Given that Australia’s indigenous population thrived for thousands of years before Europeans arrived, it would be logical to assume the country’s native plants — known as bush food — would have long featured on restaurant menus. Not so. For decades, most chefs avoided ingredients like mountain pepper, quandong (a wild peach) and wild rosella, and
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JetBlue Airways on Monday withdrew its first-quarter and full-year earnings forecast and said it was considering voluntary time-off programs for employees, as the coronavirus outbreak wreaks havoc on the global travel industry. JetBlue said it is adjusting schedules between March and early May due to falling demand, and is evaluating further flight cancellations as the
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People load Clorox into their car in the Costco parking lot after the first confirmed case of coronavirus was announced in New York State, in Brooklyn, New York, March 2, 2020. Andrew Kelly | Reuters Costco reported stronger sales than analysts were expecting Thursday, thanks in part to a boost the company received from consumers stocking
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Wall Street Democrat Roger Altman told CNBC on Thursday the stock market’s initial positive reaction to Joe Biden‘s resurgence in the Democratic presidential primary is because his chief rival, Sen. Bernie Sanders, is viewed as unelectable.  “The greater the extent that Biden is seen as the Democratic nominee, I think investors will be comforted,” Altman
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Eric Yuan, CEO, Zoom Video Communications Source: CNBC Shares of videoconferencing software company Zoom dropped as much as 10% and then pared back part of its losses in extended trading on Wednesday after the company reported earnings and guidance that exceeded analysts’ expectations. Zoom had been on a tear during the coronavirus outbreak, as companies
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Nordstrom said Tuesday it is changing its leadership structure to retire its co-presidency, and naming Erik Nordstrom as its sole CEO. It announced the changes as it reported fourth-quarter earnings and sales that missed analysts’ estimates, sending shares tumbling. Its stock initially cratered more than 10% in after-hours trading following the release. Shares were recently down
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Bentley Mulliner Bacalar Bentley Bentley on Tuesday unveiled the all-new Mulliner Bacalar, a roughly $2 million two-seat, open-air luxury sports car that features 5,000-year-old wood in its interior dashboard. The iconic British automaker, which is owned by Volkswagen, is describing the car as the “rarest two-door Bentley of the modern era.” The company is only producing
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Dina Rudick | The Boston Globe | Getty Images Kohl’s stock rose more than 4% Tuesday after the retailer reported fourth-quarter earnings and net sales that beat analysts’ expectations, following disappointing results during the holidays. CEO Michelle Gass said the chain saw an “acceleration of traffic,” and new customers in stores and online, with Kohl’s launching
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A security guard stands in a greenhouse of Tilray medical cannabis producer’s European production site in Cantanhede, on April 24, 2018. Patricia De Melo Moreira | AFP | Getty Images Canada-based pot firm Tilray reported a bigger quarterly loss on Monday, hurt by an impairment charge related to its assets and higher costs, as oversupply
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Hyatt Regency Orlando International Airport. Source: Orlando International Airport Hyatt Hotels said on Monday it was withdrawing its 2020 earnings outlook, as the coronavirus outbreak spreads across the globe hurting travel demand. The company had previously forecast adjusted profit for 2020 between $760 million and $780 million. Greater China revenue per available room (RevPAR) has been
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Confusingly named, enticingly remote and increasingly popular, the chilly island of Greenland is fast becoming the dark horse of 2020 travel destinations. Before planning their trips, most visitors know little about the Arctic destination beyond vague ideas about its misleading nomenclature — “Greenland is icy whereas Iceland is green, right?” — or its link to
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There could be a tug of war brewing over which standard financial professionals should follow when they provide advice or sell products such as annuities to individual investors. The Securities and Exchange Commission is unveiling a new regulation, called Regulation Best Interest, which requires broker-dealers and professionals associated with them to keep their clients’ best
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A Gama Aviation Gulfstream 4SP (Photo by: Aviation-images.com | Universal Images Group | Getty Images Wheels Up, the fast-growing private aviation start-up, acquired jet operator Gama Aviation, creating the second-biggest private aviation company in the U.S. Terms weren’t disclosed by the two companies, which are both privately held. But the deal transforms Wheels Up, founded
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A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Wayfair‘s stock tanked Friday morning, after the online furniture retailer’s losses widened more than expected during the holiday quarter. Its shares were recently down more than 15% in premarket trading.
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