Wednesday, July 26, 2023

Jul 27, 2023 - Coca-Cola says it's done raising prices in the U.S. and Europe this year

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TradeBriefs Editorial

From the Editor's Desk

How Machine Learning Can Improve the Customer Experience

Machine learning is a promising technology for improving the customer experience. Why? It’s simple: because it can predict customer behaviors. Prediction as a capability is the Holy Grail for foreseeing each customer need and personalizing products and services accordingly. From the consumer’s perspective, when ML’s ethical pitfalls are avoided, prediction can be the ultimate antidote to the information overload that we all face every day. By deploying ML to predict which content is most relevant for each individual, customers can receive better recommendations, less junk mail, very little inbox spam, and higher quality search results, among many other things. These improvements to customer experience aren’t only a nice-to-have, pleasant side-effect of profit-driven ML deployments. They pursue the raison d’etre of any company — to serve customers — and will ultimately translate into further benefits for the business. After all, a happier customer is a more loyal customer, and a higher customer retention rate means a higher customer growth rate.

Machine learning (ML) — technology that learns from experience (data) to predict the behavior of each individual — is well known for improving the bottom line by running major operations more effectively. But did you know that it can also measurably improve the customer experience?

Continued here


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Coca-Cola says it's done raising prices in the U.S. and Europe this year    
Coca-Cola says it's done raising prices in the U.S. and Europe this year
Pepsi has seen even steeper declines in demand than Coke. The Frito-Lay owner reported that its North American beverage volume tumbled 4.5% in the second quarter. Its Quaker Foods North America unit\'s volume fell 5%. Frito-Lay North America was the only bright spot, reporting 1% volume growth, thanks to consumers\' enduring snack habits.


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Some employees had also seen their hours cut since voting for the union. The judge ruled that United Scrap had illegally changed their schedules without bargaining and ordered that the company make the workers whole for any wages they lost. But there are no monetary fines for such violations under the law. United Scrap was simply ordered to read a notice to workers about their legal rights.


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Facebook passed 3 billion users for the first time    
Facebook passed 3 billion users for the first time
“These challenges will weigh on Meta in the second half of the year,” she said, “but thanks to the momentum of a better than expected Q2, it will be in a stronger position to face those challenges.”


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Ms Moore said patients were not being affected directly, but ambulances were turning up without their usual levels of medical history, such as allergies, significant health incidents and medications.


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Oregon Wildfire Destroys Dozens of Homes and Disrupts 911 Service    
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Meta's Reality Labs has now lost more than $21 billion since the beginning of last year    
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Why some Japanese tourists get extreme culture shock in Paris    
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Russia 'using disinformation' to imply Sweden supported Qur'an burnings    
Russia 'using disinformation' to imply Sweden supported Qur'an burnings
"The image of Sweden has changed. We have gone from being seen as a tolerant country to being a land that is anti-Muslim - that's how we are seen … mainly the Muslim parts of the world," Susanna Trehorning, a senior official at Sapo, told Swedish state broadcaster SVT.


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UN warns of risk of having smartphones in school    
UN warns of risk of having smartphones in school
However, Sarah Hannafin, head of policy at school leaders\' union NAHT said a ban on mobiles might work for some schools but in others could cause more problems than it solved, \"leading to pupils becoming more secretive about their phone use meaning problems are hidden from staff and therefore more difficult to spot and address\".


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© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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How and Why Illegal Border Crossings Have Dropped So Dramatically    
How and Why Illegal Border Crossings Have Dropped So Dramatically
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Excitement over Threads fades but users return to app
She said the company still had to navigate a weak advertising market and tough competition in advertising and artificial intelligence. Its virtual reality investments also have yet to pay off.


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High Heat Raises Risks for Homeless Floridians    
High Heat Raises Risks for Homeless Floridians
“Having a place to cool down is really, really essential in these extreme circumstances,” Ms. Valvassori said. “That’s why it’s so critical that we develop some type of a response this year and for years to come.”


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E-bike battery fires spark call to regulate like fireworks
James Metcalfe founder of e-bike firm Volt told the BBC that the internet was awash with substandard batteries and that \"consumers need to be educated that cheap imported batteries can be extremely dangerous\".


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Nikki Haley Answers a Thorny Abortion Question: Should Women Be Punished?
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Bank staff defy customers to prevent £55m of fraud in 2022
\"Under the Banking Protocol, bank and building society staff are trained to detect the warning signs that someone is being scammed and make an emergency call to the police. By doing so, the police can intervene and prevent customers from passing life-changing sums of money to criminals,\" UK Finance said.


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Credit Markets Are Creaking, Creating Economic Uncertainty
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Nigel Farage says more NatWest bosses must go in Coutts row    
Nigel Farage says more NatWest bosses must go in Coutts row
He said he had written to banks to \"remind them of their responsibilities to the public\". These included not holding \"inaccurate information\" and not using information in a way that was \"unduly unexpected.\" Mr Edwards added banks should also not be holding \"any more information than is necessary\".


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Daily USWNT World Cup report: No fear, just confidence vs. rivals Netherlands
\"It comes down to our team chemistry and what we have to bring, and the style that we\'ve been working on over the last year or two under Vlatko,\" forward Alex Morgan said. \"And we\'re feeling really good going into this match.


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Cult Beauty owner THG buys City AM newspaper    
Cult Beauty owner THG buys City AM newspaper
He said he was \"delighted that a business like THG has taken over City A.M. Their digital expertise will be a great asset, so after 18 years I take comfort in the knowledge that our \'little baby\' will grow and become more than a teenager.\"


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Can my bank close my account because of my views?
Banks will also be required to spell out why they are terminating a bank account, but there will be limited exceptions to such requirements, for example when investigations into criminal activity are ongoing.


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Joe Lewis, Billionaire Owner of Tottenham Hotspur, Is Charged With Insider Trading
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Alison Rose: The bank boss brought down by the Nigel Farage row
\"There was the experience of watching everything we had been working on change, and the terrible situation that RBS found itself in,\" she told the Evening Standard in 2016. \"That was a pretty emotional and difficult experience.\"


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Meta Profit Is Up 16% to $7.8 Billion in Recent Quarter    
Meta Profit Is Up 16% to $7.8 Billion in Recent Quarter
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Big Consumer Companies Keep Raising Prices, Complicating Fed’s Job    
Big Consumer Companies Keep Raising Prices, Complicating Fed’s Job
However, Unilever’s chief financial officer, Graeme Pitkethly, told analysts on Tuesday that “sentiment is dropping and consumers are starting to show signs of caution” with more consumers turning to generic brands.


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Do Legacy Admissions Policies Have a Future?
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A Prominent Bank C.E.O. Exits Amid a Political Storm in Britain    
A Prominent Bank C.E.O. Exits Amid a Political Storm in Britain
“It is right that the NatWest C.E.O. has resigned,” Mr. Griffith said in a statement. “This would never have happened if NatWest had not taken it upon itself to withdraw a bank account due to someone’s lawful political views. That was and is always unacceptable.”


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Ofgem's new rules to prevent energy firms going bust    
Ofgem's new rules to prevent energy firms going bust
Ofgem has also proposed a series of reforms to improve standards of customer service for business customers. It says many firms are struggling in the face of high energy costs and severe stress caused by volatile prices.


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White House Condemns Fox News Over Host’s Holocaust Comments
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Markets Trade Cautiously Ahead of Pivotal Fed Meeting
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Joe Lewis, Billionaire Owner of Tottenham Hotspur, Is Charged With Insider Trading    
Joe Lewis, Billionaire Owner of Tottenham Hotspur, Is Charged With Insider Trading
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Gap, Looking for Barbie Magic, Hires Mattel’s President as C.E.O.
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Joe Lewis, Billionaire Owner of Tottenham Hotspur, Is Charged With Insider Trading    
Joe Lewis, Billionaire Owner of Tottenham Hotspur, Is Charged With Insider Trading
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Alison Rose: The bank boss brought down by the Nigel Farage row    
Alison Rose: The bank boss brought down by the Nigel Farage row
\"There was the experience of watching everything we had been working on change, and the terrible situation that RBS found itself in,\" she told the Evening Standard in 2016. \"That was a pretty emotional and difficult experience.\"


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Can my bank close my account because of my views?    
Can my bank close my account because of my views?
Banks will also be required to spell out why they are terminating a bank account, but there will be limited exceptions to such requirements, for example when investigations into criminal activity are ongoing.


Work


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Cult Beauty owner THG buys City AM newspaper    
Cult Beauty owner THG buys City AM newspaper
He said he was \"delighted that a business like THG has taken over City A.M. Their digital expertise will be a great asset, so after 18 years I take comfort in the knowledge that our \'little baby\' will grow and become more than a teenager.\"


Work
Ofgem's new rules to prevent energy firms going bust    
Ofgem's new rules to prevent energy firms going bust
Ofgem has also proposed a series of reforms to improve standards of customer service for business customers. It says many firms are struggling in the face of high energy costs and severe stress caused by volatile prices.


Work
G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers    
G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers
Jack Ewing writes about business from New York, focusing on the auto industry and the transition to electric cars. He spent much of his career in Europe and is the author of “Faster, Higher, Farther,\" about the Volkswagen emissions scandal. More about Jack Ewing


Work
How Regional Banks Got Healthy Again    
How Regional Banks Got Healthy Again
The steps that banks have taken to shore up their profits have made investors and depositors less worried about another crisis. The extra provisions could be particularly helpful if the economy takes a turn for the worse, or if fears around midsize banks rear up again in the fall, once more financial market participants return from vacation.


Work
A Prominent Bank C.E.O. Exits Amid a Political Storm in Britain    
A Prominent Bank C.E.O. Exits Amid a Political Storm in Britain
“It is right that the NatWest C.E.O. has resigned,” Mr. Griffith said in a statement. “This would never have happened if NatWest had not taken it upon itself to withdraw a bank account due to someone’s lawful political views. That was and is always unacceptable.”


Work
Credit Markets Are Creaking, Creating Economic Uncertainty    
Credit Markets Are Creaking, Creating Economic Uncertainty
Joe Rennison covers financial markets and trading, a beat that ranges from chronicling the vagaries of the stock market to explaining the often-inscrutable trading decisions of Wall Street insiders. More about Joe Rennison


Work
White House Condemns Fox News Over Host’s Holocaust Comments    
White House Condemns Fox News Over Host’s Holocaust Comments
Jeremy W. Peters covers media and its intersection with politics, law and culture. He is the author of “Insurgency: How Republicans Lost Their Party and Got Everything They Ever Wanted.” He is a contributor to MSNBC. More about Jeremy W. Peters


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Markets Trade Cautiously Ahead of Pivotal Fed Meeting    
Markets Trade Cautiously Ahead of Pivotal Fed Meeting
Joe Rennison covers financial markets and trading, a beat that ranges from chronicling the vagaries of the stock market to explaining the often-inscrutable trading decisions of Wall Street insiders. More about Joe Rennison


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Joe Lewis, Billionaire Owner of Tottenham Hotspur, Is Charged With Insider Trading    
Joe Lewis, Billionaire Owner of Tottenham Hotspur, Is Charged With Insider Trading
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NASA Seeks a Nuclear-Powered Rocket to Get to Mars in Half the Time    
NASA Seeks a Nuclear-Powered Rocket to Get to Mars in Half the Time
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A Looming Retraction Casts a Shadow Over a Field of Physics    
A Looming Retraction Casts a Shadow Over a Field of Physics
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Wastewater Data Mirrored Covid Case Counts During First Omicron Wave    
Wastewater Data Mirrored Covid Case Counts During First Omicron Wave
Emily Anthes is a reporter for The Times, where she focuses on science and health and covers topics like the coronavirus pandemic, vaccinations, virus testing and Covid in children. More about Emily Anthes


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A Pancaked Turtle Fossil’s 150-Million-Year-Old Tale    
A Pancaked Turtle Fossil’s 150-Million-Year-Old Tale
Yet turtles that can thrive in such an environment may not have disappeared forever, Dr. Rabi said. Bottom-feeding coastal turtles appear to have evolved as a partial response to higher sea levels and the resulting boom in shallow, continental marine ecosystems — a setting that could make a return appearance.


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Flipping a Switch and Making Cancers Self-Destruct    
Flipping a Switch and Making Cancers Self-Destruct
Gina Kolata writes about science and medicine. She has twice been a Pulitzer Prize finalist and is the author of six books, including “Mercies in Disguise: A Story of Hope, a Family\'s Genetic Destiny, and The Science That Saved Them.” More about Gina Kolata


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For Adults With No Heart Attack or Stroke History, Evidence Says Not to Start Baby Aspirin    
For Adults With No Heart Attack or Stroke History, Evidence Says Not to Start Baby Aspirin
For patients who need to remain on aspirin, he said, the study findings have a different significance for doctors: “Check their balance, get them physical therapy, make sure the house is set up properly. Do everything you can in that Medicare age group to mitigate the risk of a fall.”


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Tesla under investigation by California attorney general over Autopilot safety, marketing    
Tesla under investigation by California attorney general over Autopilot safety, marketing
The California Department of Motor Vehicles has been investigating Tesla\'s driver assistance systems for years and has formally accused the company of deceptive practices in marketing its Autopilot and FSD technology.


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Chipotle shares slide as sales fall short of Wall Street's expectations    
Chipotle shares slide as sales fall short of Wall Street's expectations
The company reiterated its full-year forecast of same-store sales growth in the mid-to-high single digit range. However, for the third quarter, Chipotle anticipates same-store sales growth in the low-to-mid single digit range. Wall Street is anticipating same-store sales next quarter of 5.9%, according to StreetAccount.


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Boeing's Starliner losses total $1.5 billion with NASA astronauts still waiting to fly    
Boeing's Starliner losses total $1.5 billion with NASA astronauts still waiting to fly
Since 2014, when NASA awarded Boeing with a nearly $5 billion fixed-price contract to develop Starliner, the company has recorded losses on the program almost every year. The charges total $1.47 billion, according to its annual reports and the company\'s most recent quarterly filing.




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