Author name: Darlene Allen

Darlene Allen is a news writer with Canary Islands News, where she covers lifestyle, books, sports, education, and tech. She's also the author of several books and a frequent speaker on topics ranging from women's rights to the importance of STEM education.

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Candy giant Ferrero adds American twists to Nutella, Ferrero Rocher to fuel U.S. growth

Business / By

Containers of Nutella hazelnut spread made by the Ferrero company is displayed on March 27, 2024 in San Anselmo, California.  Justin Sullivan | Getty Images News | Getty Images Ferrero North America is adding peanuts to its Nutella, turning its Ferrero Rocher spheres into squares and adding Dr Pepper flavor to Tic Tacs, all in […]

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Expedia's Trump Slump, Choice's Budget Boost and Sphere’s Cheaper Offspring

Travel / By

Good morning from Skift. It’s Friday, May 9. Here’s what you need to know about the business of travel today. Expedia Group is feeling the effects of lower-than-expected travel demand to the U.S. this year, writes Travel Technology Reporter Justin Dawes. The company said on Thursday that its bookings and revenue growth were on the

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Expedia Results Hit by Drop in International Travel, Launches Booking Deal with Instagram

Travel / By

Demand for travel to the U.S. has weakened, and Expedia Group is feeling it.  Two-thirds of the company’s business comes from the U.S., and inbound travel dropped 7% during the first quarter of the year, executives said on Thursday. Inbound bookings from Canada dropped 30%. And Europeans are choosing to visit Latin America instead.  “U.S. demand

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Krispy Kreme stock plunges after doughnut chain pauses McDonald's rollout, pulls outlook

Business / By

Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in the

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The AI startup that stood out in an otherwise drab month for family office deals

Business / By

Jack Hidary, CEO of SandboxAQ Courtesy of SandboxAQ A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private investment firms of the ultra-rich, rattled by President Donald Trump’s tariffs, continued

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Bill Gates doubles giving to $200 billion, says philanthropists can't cover government cuts

Business / By

Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Images Billionaire Bill Gates announced on Thursday that he will double his charitable giving to $200 billion over the next 20 years. In

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Budget Brands Lift Choice Hotels Despite Slowdown Fears

Travel / By

Choice Hotels dialed back revenue expectations for the year, while highlighting strength in its economy and extended-stay properties. The hotel franchiser on Thursday projected that its revenue per available room (RevPAR) in the U.S. will range between a 1% decline and 1% growth, down from its previous forecast of 1-2% growth. While its mid-market properties

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Sphere Entertainment's Future Venues: Smaller, Cheaper, Faster

Travel / By

Sphere Entertainment Co. has said it will soon roll out a new global development plan that focuses on smaller and cheaper venues so it can more easily expand. “We’re definitely talking worldwide about Sphere,” said Chairman and CEO James Dolan on Thursday’s Q1 earnings call. “But we do have another initiative that I think is

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