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The Big Tech Hearing Proved Congress Isn't Messing Around

Press Play with Madeleine Brand

10:03 min | Last week

The Big Tech Hearing Proved Congress Isn't Messing Around

"The purpose of today's hearing is to examine the dominance of Amazon, Apple, Facebook and Google. Roger the covert 19 pandemic. These corporations already stood out as titans in our economy. As American families shift more of their work, shopping and communications online, These Giants stand to profit. Locally owned businesses. Meanwhile, Mom and pop stores on Main Street facing economic price is unlike any in recent history. Rhode Island Democrat David Cellini, opening today's House hearing with the heads of the world's big tech companies. Amazon's Jeff Bezos out of Apple's Tim Cook, Facebook's Mark Zuckerberg and Google Sunder Pitch I. The foremen faced hours of questions from House lawmakers over whether they've used their superpower status to crowd out competition. And enrich themselves. The House Judiciaries Antitrust committee, which Cellini chairs has been looking into that question for the last year. Joining us to talk about the hearing today is tech expert Tim Woo. He teaches at Columbia Law School and is the author of the book The Curse of Bigness, Anti Trust in the New Gilded Age. Him welcome back to press play. Thanks for having me here. Well, you've argued for a very long time that the's tech giants have gotten too big. What do you think today's hearing accomplished in terms of getting more support to break them up? Well, they I think there are you know, for the first time, putting the most intense documents right in front of them and seeing how they react, and I think what we've gotten out of them, especially on Facebook. Is already some admissions of anti competitive intent that to my mind, make the case for filing a complaint even stronger. And what were some of those admissions that you heard today. Well, Ah. Mark Zuckerberg was questioned about by Jerry Nadler about the his. Ah, why he bought Instagram and pretty much Zuckerberg admitted they were ah, dangerous competitors. We sought to eliminate them at Natalie reminded him that it's illegal to buy off competitors because I don't want to compete with them, and they left it there. But, yeah, that was, I think a big admission and the main thing I've taken from the hearing so far. But isn't that part of business of hostile takeovers and trying to squeeze out the competition isn't part of the American way of doing business, so there's a difference between beating out your competitors and buying them. And since about 18 90. It's been illegal to buy a company just because you're sick of competing with him. You know, you could imagine. Let's take Coke was tired of Pepsi People's Children, Coke and Pepsi, you know and said, All right, forget it. We'll just buy each other and, you know, settle the so so Now it's been illegal since 18 90 or so. Right. So when it comes to Facebook, what about the issues of how it Spreads misinformation, especially campaign misinformation, and, you know, fake news for lack of a better term. Yeah, I know. It hasn't so far. Um, it has a little bit sorry, especially hate speech. I think the big issue there that they're focusing on and Is this idea that that Facebook has an impunity because they have such a secure market position that they're not really afraid of advertising boycotts. They're not really afraid of people leaving That's the least a point that the House representatives were trying to make, and so therefore they don't really have an incentive to clean up their act. What about the other companies? Amazon that also has incredible market share. Can you first catalogue just how big Amazon is and how much bigger it's gotten since the current virus epidemic? Yeah, you know, the Amazon has closed in on the market cap of 1.5 trillion They have 280 billion in revenue. They have increased dramatically. Actually, stock prices increased since the beginning of the Corona virus by I don't know the exact percentage don't want to get it wrong, but by a tremendous amount, in fact, And there was one day in which Jeff Bezos gained $13 billion personally, so they are the biggest of big attack for the first part of hearing they didn't get any questions, but representative Dia Paul brought it in accusing them. Of lying in front of Congress about how they treat third party sellers and pressing bass. Those hard on how he runs his marketplace. So they they, they've got some of they've got some fire. Coming in. Yeah, I guess the problem. There is not only well they sell, you know products from third parties always there slow selling their own products, and so they are. I guess in competition with 1/3 party supplies on their own platform. How does that work? I mean, that's I think the acquisition or the problem is that people worry that Amazon has become more or less the dominant online retailer. They have some competition Homer, but you know, more or less dominant. So you make it on Amazon are Or you don't make it at all. And if that's the marketplace, the prospect of You come up with successful thing? I don't know Better mousetrap, and then Amazon makes their own copy of it. So the Amazon version of it and then sells it for less. You know, that turns into a sucker's game, and I think that's been the main complaint about Amazon is ah, less that they You know about their competitors or something but more that they have turned the marketplace into something of a rigged game for their own products. Right and a sweet noted Jeff Bezos is the world's richest man. Right now, the company is you outline is just so big. It's hard to even wrap your mind around it. Is there any way you could break up Amazon or hasn't just become too big to break up? That's a good question. You know, it hasn't been subject to a lot of discussion, probably for the reasons you suggest. Most of scrutiny of Amazon is how they treat the marketplace. I think for a true old school antitrust type who just believes that too much power to concentrated should always be broken. Would want to switch, you know, break Amazon into some kind of pieces. One way might be to break off their Web services division, which is a dominant in its space. You could also imagine, as with it and t breaking it into baby Amazons. I guess that are supposed to compete with each other. But I know it hasn't been unlike Facebook and even Google. Has been talks about how would you break them up? Think Amazon. It's been more about can they? Can you get them to run their at their market place better? And then Google. Obviously a search giant and it's become a verb. It's such an intimate part of who we are at this point again. How would you break up Google if you could It's a good question. Let me let me say that Google has come under fire this hearing both from Sicily knee on the idea that they are essentially eating their ecosystem That is to say. You know if you if you like like with Amazon actually similar that if You know, you could come up with a really successful Web service of some kind in your sort of small enough that Google will make a version of it and then send all the traffic to it so that that's the accusation against them. As for you know, what would you do to Google one You could say, don't do that. That's what the Europeans are trying to dio. Another would be to say, Well, listen, it Google, you run the search part and just leave it there. Don't do everything else. Okay. Maybe run Gmail, maybe right maps. But all these other little things that are just clones of other companies. Stay out of that, or make them be independent companies. I should add. By the way, there's you know, I'm maybe we get to this, but there's been AH, Google face us a lot of Republicans during the hearing, talking about different issues. Trying to get Google to admit that it Ah Is too friendly to China. Eyes too unfriendly to the US Pentagon. That's been another theme of this hearing is that I think should be mentioned. Well, you bring up China, and I guess the argument against breaking up these companies is that they're competing against Chinese companies, which In many cases have the backing of the state and there's there's no limit to their monopolistic practices. And so if these are global companies, should there be different rules when it comes to monopoly now than there were, you know, back in the 19th century. Yeah. Or the 20th? Yeah, that is the argument. So you know, kind of goes like this. If you break up Facebook or make fix books, life difficulty the Chinese will take over. It's kind of a national champion like argument. So we have to have our guys. Um I don't find it convincing at all. Last time we heard that kind of argument was when Japan was the all great mighty power that was going to take over everything in America. And they said it so you can't break up the tea and you can't break up IBM. I think we've had a better track record. Forcing American companies to be competitive. It's not breaking them up, at least putting him under heavy scrutiny like Microsoft and hoping a new generation arises. So yeah, I think that's a pretty lame excuse not to enforce the law that put it that way. So what do you think is going to come out of this? You know, I think from what I've heard there was some documents that were coming out of this that nobody has seen. And I think they put more pressure on the administration and also the states to file complaints. I would not be surprised if Google ends up on the receiving end of an antitrust complaint before November. And after this hearing, I wonder of Facebook's gonna get 12 or whether that's going to be something that the election decides. But, yes, I think it adds to the pressure to file actual cases as opposed to talking about it.

Amazon Facebook Google Jeff Bezos Mark Zuckerberg House Judiciaries Antitrust Co Columbia Law School David Cellini Tim Woo Rhode Island Tim Cook Titans Roger Apple Jerry Nadler Congress Microsoft Natalie Coke
The Big Tech Hearing Proved Congress Isn't Messing Around

Press Play with Madeleine Brand

03:35 min | Last week

The Big Tech Hearing Proved Congress Isn't Messing Around

"The purpose of today's hearing is to examine the dominance of Amazon, Apple, Facebook and Google. Roger the covert 19 pandemic. These corporations already stood out as titans in our economy. As American families shift more of their work, shopping and communications online, These Giants stand to profit. Locally owned businesses. Meanwhile, Mom and pop stores on Main Street facing economic price is unlike any in recent history. Rhode Island Democrat David Cellini, opening today's House hearing with the heads of the world's big tech companies. Amazon's Jeff Bezos out of Apple's Tim Cook, Facebook's Mark Zuckerberg and Google Sunder Pitch I. The foremen faced hours of questions from House lawmakers over whether they've used their superpower status to crowd out competition. And enrich themselves. The House Judiciaries Antitrust committee, which Cellini chairs has been looking into that question for the last year. Joining us to talk about the hearing today is tech expert Tim Woo. He teaches at Columbia Law School and is the author of the book The Curse of Bigness, Anti Trust in the New Gilded Age. Him welcome back to press play. Thanks for having me here. Well, you've argued for a very long time that the's tech giants have gotten too big. What do you think today's hearing accomplished in terms of getting more support to break them up? Well, they I think there are you know, for the first time, putting the most intense documents right in front of them and seeing how they react, and I think what we've gotten out of them, especially on Facebook. Is already some admissions of anti competitive intent that to my mind, make the case for filing a complaint even stronger. And what were some of those admissions that you heard today. Well, Ah. Mark Zuckerberg was questioned about by Jerry Nadler about the his. Ah, why he bought Instagram and pretty much Zuckerberg admitted they were ah, dangerous competitors. We sought to eliminate them at Natalie reminded him that it's illegal to buy off competitors because I don't want to compete with them, and they left it there. But, yeah, that was, I think a big admission and the main thing I've taken from the hearing so far. But isn't that part of business of hostile takeovers and trying to squeeze out the competition isn't part of the American way of doing business, so there's a difference between beating out your competitors and buying them. And since about 18 90. It's been illegal to buy a company just because you're sick of competing with him. You know, you could imagine. Let's take Coke was tired of Pepsi People's Children, Coke and Pepsi, you know and said, All right, forget it. We'll just buy each other and, you know, settle the so so Now it's been illegal since 18 90 or so. Right. So when it comes to Facebook, what about the issues of how it Spreads misinformation, especially campaign misinformation, and, you know, fake news for lack of a better term. Yeah, I know. It hasn't so far. Um, it has a little bit sorry, especially hate speech. I think the big issue there that they're focusing on and Is this idea that that Facebook has an impunity because they have such a secure market position that they're not really afraid of advertising boycotts. They're not really afraid of people leaving That's the least a point that the House representatives were trying to make, and so therefore they don't really have an incentive to clean up their act.

Facebook Mark Zuckerberg David Cellini Jerry Nadler Amazon Google Apple Tim Woo House Judiciaries Antitrust Co Titans Roger Jeff Bezos Tim Cook Coke Rhode Island Pepsi Columbia Law School Natalie
July Mailbag with Jason Moser

Motley Fool Answers

44:21 min | 2 weeks ago

July Mailbag with Jason Moser

"The. Multiple answers I'm out Southwick and I'm joined, is always by broke camp. Personal Finance expert here at the Motley Fool. Hey, BRO, well! Hello Alison. It's the July mailbag where we answer your questions and this month it's with the help of multiple analyst Jason Moser. Should you buy a house now? What is modern portfolio theory and also here Jason's thoughts on a lot of stocks all that and more on this week's episode of Molly fully answers. Jason thanks coming back. you know I mean i. told you you invite me. I'M GONNA. Be here every single time. Thanks for having me back. I mean we appreciate it because we know you're a busy man, and so we do appreciate that you carve out time for us in our little show, don't. Always always make time for those important people in my life rule number one make time for allison and Bro I love. It sounds like a good one to me. Everybody wins. All right well, I guess we should just get into it, so the first question comes from Darren I've subscribed to the full for over a year and I'm really pleased with the service. I would like to know your thoughts about my holdings in Shop Affi- I've bought several times over the last three years, and it's now over thirty five percent of my portfolio and I. Don't know if I should continue holding or trimmed down. What would you advise a good problem to have I was gonna say that exact same thing? That's a good problem have? In a very glad, you have subscribed to our services in your really pleased. That's that's what we aim to to do. We aim to please help you make money and so yeah. This is one of those situations that we will find ourselves in from time to time as investors. A nice problem to have but something you do need to address at some point because it is going to be a little bit different for everybody. In so coming from the perspective of I, also own shop, a Fi stock in it's it's a wonderful investment. It certainly is taking up a bigger. Part of my portfolio a not at thirty five percent where you are. I think for me. It really does boil down to. That sleeping at night test in other words, you need to be able to go to sleep at night without worrying about this kind of stuff, and if you feel like shop, a Fi represents too much. Of your portfolio if you feel like you're overly allocated their, then, you may need to consider pulling it back a little, but now I mean it's. It's I think it's always important. Note you know. It's a big difference between building up a position buying a position to make this size to make this type of allocation in your portfolio. It's another thing entirely to have position grow into beat into becoming that size i. mean that that is that is in a little bit of a different dynamic there, so people all the different ways, some sometimes folks will, they will just sort of looking at it from the house money, concept or you. You just sell enough shares to recoup your initial investment, and then you let the rest of it go. Some people are perfectly fine with thirty five percent. Some people are not. They want a pair back so i. do think you need to kind of figure out what helps you sleep at night I do think that shop by a great business. I think the biggest risk in only shop, if I right now is valuation, just because it's dominating, it's space, but it's not making any money yet, and it's probably going to be a little while until they do so that valuation risk is there, but ultimately yeah I think determine. Where you feel most comfortable with it, and if you feel like you need to put a little bit of that money off the table, and he thirty five percents a lot, certainly very understandable. If they've said something you need to do if you do decide to pair it back a little bit. You've made multiple purchases, so you can identify the shares to sell to manage the tax consequence if this isn't a brokerage account and not an IRA. All right next question comes from Steven. If you are forced into unemployment, you are paying federal income taxes on unemployment payments are not contributing to social security nor to Medicare. How does this affect your future calculation of social security benefits and can one contribute to the social security fund during unemployment to mitigate any adverse effects on benefits, it is a little bit adding insult to injury, but you do owe federal income taxes on your unemployment benefits, and if your state charges has a state income tax, you probably have to pay state tax on that, although there are a handful of states that exempt unemployment benefits, so that's good news. And by the way you, you could have taxes withheld from your unemployment benefits you file. This form called form w four V. if you want, they withhold ten percent, or you can do quarterly estimated payments if you wanNA avoid that big tax bill at the end of the year, but if you're strapped for cash is probably just better to get the money now worried about your taxes later Eh. Stephen notes out. You do not pay payroll taxes. Those are the things that go into social security and Medicare so. So. It could result in a lower social security benefit, however, keep in mind that social security is based on your thirty five highest earning years, so if you enter the workforce at say twenty two and you work until you're mid to late sixties. That's more than forty years where the working so hopefully. If you miss out, if this year is not so good somewhere among those other forty, five or so years, you've had thirty five really good year so that this year won't be that big of a deal. So it probably will be okay. And then to address the last question. Unfortunately, no, you cannot make voluntary contributions to social security. There is at least one academic working paper out there. That suggested that people could buy into social security by like extra credits as opposed to contributing to your 401k, but so far that has not been passed by Congress I had an ex. Question comes from Sam. I heard to stocks discussed on another full podcast. When I read articles about them, it mentions they are thinly traded. I have two questions one I'm sure my position would still be quite small so I think I'd still be able to get in and out, but are there other things I should think about when it's a thinly traded stock and question number two. Is there a certain amount of? Daily volume you like to look for when considering a stock foreign investment. What volume do you want to see to not be? Quote thinly traded stock. Yes very good question in thinly traded stock just refers to the either the amount of shares or the dollar volume of shares that would trade on any given. Market Day and so. The. Thinly traded stock. The the problem is that you may not necessarily able to buy and or sell at the prices. You necessarily think you might be able to in other words when you look at a stock's price and you're looking through the. What what's going on throughout the day on the market, you'll see that did ask spread, which is essentially the bid. Ask spread is it's what someone's willing to pay for the stock versus what someone is asking to be paid for the stock? Because you know you have a buyer and a seller on on in every transaction they're. Normally most cases, these business business bread is very tiny, the couple of pennies maybe for most stocks because they're. They're heavily traded right there. There are plenty of dollar volume. But there are a lot of smaller companies small caps in particular in in you know a micro cap, specifically that don't necessarily meet these kinds of thresholds, and so you definitely have to be aware of that now I'll go back in time just a little bit, too. When we were running the service here at the fool called million dollar portfolios Roman Romani portfolio that we help manage members, and it was never really a problem, but we did have a condition in there. We were always looking for at least ten million dollars in average. Trading volume total daily volume now understand I'm not saying the number of shares saying the amount of money so basically shares times price, but we're always looking for at least ten million dollars. That wasn't set in stone it. It was an idea for us. It wasn't ever really a problem because we had a very diversified portfolio with a number of different types of companies, but when you're looking for smaller companies, you would've just keep that in mind that did ask. Spread is is something that just because it says the stock is twenty dollars. That doesn't necessarily mean you'll pay twenty dollars if there is a a big spread there between the bid, and the ask in so I think whenever you're considering stocks that have any lighter trading volume or thinly traded stock. Just be sure to use limit orders. Limit Orders of let us stipulate the price that you are willing to pay for or that you're willing to. To accept a if you're selling a limit, order is just a really good way to protect yourself from any unwanted surprise thinly traded stocks. You might not always necessarily get them when you want them, so you might have to lead that limited are in there for a little while, but but a limit order is a great way to protect you from any unwanted surprises. Next question comes from Randall. I'm in my late thirties now, but earlier in my life. I was very very bad with my money. Collection Calls Welfare and bankruptcy or not strangers to me. I've been at the bottom then I met the love of my life, and she convinced me to turn things around ten, and a half years later and I have done a complete one eighty, I took control of our finances rebuilt my credit and started investing and listening to all you find folks all. I opened it investing account with the goal of saving and building enough a down payment on a home. I'm happy to say we've now reached that goal. I recently sold at a profit because I didn't want that. Money tied up in the market. If we are close to needing it for a house, but now that we're here, I'm not sure what to do. We currently rent a basement apartment and our neighbors general living situation are less than ideal to put it mildly. So, we're champing at the bit to jump into the housing market that being said the experts have been calling for a drop in the housing market for a while, and that was before the pandemic hit now I'm worried that if we buy right away a year or two or three from now, interest rates will spike, and we could be put in a difficult situation. I live near Toronto. Canada or the housing market is already highly inflated in relation to the rest of the country should I be worried? While Randall first of all congrats on turning your financial life around love hearing success stories like that so good job on that. So I'll start with my standard answer with the rent versus buy decision, and that is just pull up spreadsheet and compare the all in cost of renting, including what you could earn on the money that use for down payment versus the all in cost of buying including the opportunity cost of putting down payment as opposed to having invested as well as insurance and taxes and maintenance, and all that stuff and project, where you might be in five to ten years based on various scenarios on what happens to stocks, if you. Rent an invest the down payment versus what happens to? What you'd look like depending on where home prices go. Generally speaking. If mortgage rates go up, that could way down on real estate prices we did see mortgage rates. Go Up for a bit a few years ago, but the housing market did find, but you could certainly envision a scenario where rates went much much higher, making houses, much less affordable and prices would have to adjust. But I don't expect that to happen anytime soon. I think we're. GonNa have low rates for awhile, but beyond that I don't know I've given up trying to predict where interest rates are going or even paying attention to people who try to predict where interest rates are going, so who knows? That said since you live in Canada. I thought I'd check. In where rates are these days and I and I got a brief reminder that things are actually different in Canada so I did a little bit of research. And then realize I had reach out to someone who knows, I reached out to Canadian Motley fool analysts Jim Gillies, and he had some thoughts so first of all just for you non-canadians out there. It is really different so in America. We get this thirty year mortgage than we have the same payment for thirty years. It's fixed. They don't have that in Canada. What's the most common is a twenty five year? But only the first few years or fixed. And then adjusts so in that context you can understand why Randall is worried about interest rates going up because over the next depending on which alone he gets the most popular is a five year fixed, and then you basically have to go get a new loan probably. So that put that in context, a little more, but also Toronto, really is crazy expensive. Vs from the end of last year that put it as the most overvalued real estate market in the world behind Munich. As Jim pointed out in our call here in the US we had our housing peak in two, thousand, six, two, thousand seven, and then we had what he called a reset, which is basically prices came down significantly candidate and have that slight downturn at home prices, but then they just kept on going up, so it really is different there, so when Jim explain all this to me, the difference in mortgages and the difference in home prices. Frankly he was inclined to say to this guy. You Might WanNa rent for while more and see what happens, but he also had the good advice of okay. What if you buy in prices? Come Down Fifteen percent twenty percent. What if they come down to a point where he upside down? You owe more than the home is worth. Are you okay with that? If. You're okay with that. Maybe it's okay to do that. But it certainly sounds like dicey situation than if someone were telling me like I'm thinking of do this in Dubuque Iowa or something like that. couple of other differences. In case you're curious about Canada in the US. Your mortgage is portable in Canada south. You Buy A. Get the five year mortgage, but then move get to take the mortgage with you for the next house and interest is not tax deductible. US Look at you, Robert, broke? Camp Can Canadian real estate experts there you go. Next! Question comes from Chris. I was on twitter the other day and saw that one of your contributors Brian Feroldi tweeted that he doesn't believe in a long list of technical trading terms and then modern portfolio theory. Can you help me understand what not believing an MP? T with mean this? He believed that diversification doesn't reduce risk. Also every financial adviser I've ever talked to his preached empty, so I would love to hear the counterargument. Jason you're not Brian for all the. Question I am not Brian for all the do get the talk of Brian Pretty good bit though. I I must admit I. Don't know what he said here in regard to modern portfolio theory and all of these technical trading arms. But I think I can take a guess. Generally speaking I agree with them, and I think you could sit there and look up the portfolio theory in you know read about it as much as you want. Just go to google modern portfolio theory, and you can dig right in there, but in a nutshell ultimately, what modern portfolio theory is the intention behind it? It's meant to reduce risk while maximizing returns. It assumes that investors don't like risk. They prefer less risky portfolios to riskier ones in order to achieve a certain level of return so right there. I kind of kind of lost me right there because I don't believe that every ever investors risk averse I think some investors have a very. Healthy, appetite for risk, and frankly I would say I got a pretty high tolerance for risk when it comes to investing, made it just because of what I do for a living but I. You know to me I like having that trade off least unhappy. Happy to take some risks there. If I feel like that upside, it's going to be potentially worth. So with modern portfolio theory, it introduces a lot of fancy math in the form of variances and correlations in order to come up with this. Quantifiable, investing strategy that ultimately helps reduce risk while allowing the investor to achieve. Certain returns in. Maybe it works for some not I'm not dismissing it personally I. Don't use it, I don't personally subscribe to it I. Don't need it. I think honestly for us. In a really believe it's extends to to most people in our full universe is that is individual investors I think a more meaningful way to reduce risk. is to just extend your timeline like invest longer. So like Tom Gardner said a number of years back when we were. Working on Motley, fool one basically take your take the time line that you think you want to own any individual stocks you buy shares of starbucks and I plan on owning it for you know five years. Okay, we'll just double it. Cloning it for ten in all of a sudden right there. You've given yourself more time. Time is one of the big advantages we have is individual investors. Money managers don't have that advantage, Wall Street done generally handed abandoned, either, but if you can be patient and just invest in good businesses. That risk really starts to come down over time. There are plenty of studies out there. That show that risk comes down the longer you hold onto those stocks, which into me, just renders modern portfolio, theory, more or less not useful mean on things, not useful for everybody, but it's not useful for me and based on Chris. Question It sounds like a agree with what Brian was saying there. We think I'll add to. That is I agree that risk is really not that much of a consideration if you are saving for retirement. But once you are in retirement man, and just say like you know what the market's not I'm going to extend my time highs in ten years. Because you need to spend money in that situation, I think diversification is important. It's important to have assets that don't always move the same direction at the same time. For some fools. That's just as simple as keeping any money need the next five years in cash, so you're right out any ups and downs, and that can be fine. But I. do think it makes sense to have. A mix of investment so that right now, technology stocks are doing very well, and we hope that continues to do well, but we remember was that happened in two thousand from two thousand to two, and there were down for quite a while anyone who retired in one, thousand, nine, hundred nine, or so it was very happy to have some small caps value maybe a. A little international, some reits to ride out the storm Yeah I think we talk about that often like recognizing where you are as an investor in life, are you in the grow your wealth stage, or are you in the protector stage, because they are two very different strategies, and we're all hopefully going to be in both of them at one point or another right? I personally and still on the grow your wealth stage I. Think we all probably are, but you will at some point get to where you need to focus on protecting the wealth that you've made so that you can then have that money to spend, and that definitely will dictate your investment strategy things that you're invested in and whatnot. Generally speaking I do like the idea for people who are just risk averse and have this notion that investing is just too risky. I mean the fact of the matter is not investing as far away greater risk like not investing. You will never grow your money if you don't the best, so if if if risk is a problem, I think generally speaking. Along the lines of diversification idea that that bros. talking about him, he just invest in invest in SNP index fund is something that just follows the progress and p. you know you're going to be participating in and if you look at that over the over the stretch of time, their five ten twenty thirty years, I mean that trend does go one way. It, but clearly the older you get, the more you need to start focusing on protecting your wealth, and that will change the way you view things. Right next question comes from Alex from Alexandria if I buy Muny bonds from another state in my IRA. Is it still taxable and Alexander with who we have a bond on and we do have a bunch. I know Alex up super excited about having a bunch on in Alexandria to I can't believe I haven't been there. It's like two miles from my house, but we still haven't been oh i. know because there's a global pandemic going on and we. saw. Alyx if we buy me bonds from another state in my IRA is still taxable. Bro, help him out or her or so Muny Barnes. People Invest Immunity bonds because they're free of federal taxes and in many cases. If you're buying bonds issued by the place you live, they might be free of state and local taxes, so that can be doubly triply tax free. That's why people buy 'em. There are some times, however that if you own immune, abound outside of an IRA. Pay Taxes and this surprises some people. There's something called the minimum tax. If you buy immunity bond at a discount, and then it matures at par. If you buy a distress, Muny bond for like you put an eight thousand dollars, and you sell it later for ten thousand dollars as a capital gain. You'll be taxed on that. So, there are some times when you would pay taxes on media. Now, Alex is asking what if it's an IRA? Do I have to worry about paying tax interest. If it comes from another state and the answer is no, you won't have to worry about that. The only thing I would say is. Generally speaking immune bond already has built in tax advantages, so you wouldn't keep it in an IRA, unless there's the example of the stuff I was saying previously like for. It's one of those exceptions when him UNIBOND would result in taxes than you might WanNa keep it an IRA, but generally speaking. If you're going to buy Muny Bond, keep it out of an IRA. Next question comes from Boone. I just did my first. Roth conversion and looked at that old account for the first time in. There was the expected dividend producing fund I remembered, but there was a stock chesapeake energy that I had completely forgotten about since I purchased the stock in two thousand, six fifteen. It's down way down like eight point five percent off the purchase price. What should I do with it now? It's in a tax deferred accounts so I. Don't think the loss is realized until I. Start to pull money out of the account and that might not. Not Be for fifteen years current value of all my shares will be about one percent of the value of the account after the conversion. Do I sell in the very little value? I had left and depend on E. Trade to keep up with lost for me or should I hold on based on the slim chance. The stock will be worth more in the next ten years. Oil Stocks do act unusually on occasion, only oil stocks. Stock everything else makes that usually. Chesapeake has been really. Interesting Story to follow and frankly. I don't I. Don't know that I would look at it today. As a business that I'd WANNA own so typically if I. You know I think it was yet idea. Didn't sound like a position are actively building united investment didn't work out. I mean that that happens to all of us. We don't get them all right. We have a philosophy here at the full. A lot of do we like to? Water flowers and pull the weeds, and that's just a nice way of saying. Add to our winners in to get rid of losers in. This I think is more than likely slated to continue being a loser I mean. Chesapeake has lost a lot of value. In it does sound like based on when you purchased this, these is absolutely busted I mean. There there are all sorts of reasons to sell one of them is if you thesis busted and the reason why you invest in the company is is no longer the case, and I would he probably is the case with Chesapeake so to me like you know, you could sit there and let it go, but but what's the goal trying to get back to even, or are you trying to get back a couple of bucks for me a lot of times? I'll I'll take a little opportunity here and there to just go ahead and pull those weeds sell it. Be Done with it. In even though it's just unique out a little bit value there, you can still take that money and do something more productive with it. So. Yeah T to me. I can't tell you to buy or sell obviously, but I can certainly understand. Selling in this case, but I you know. As as oil and natural gas energy can can turn around. This is going to be one that has a lot of headwinds in in. You might be waiting a very long time to to get any of this money back. I point out here that I it seems that maybe boone has a slight misunderstanding of how taxes in aries work because he talked about realizing the loss when he takes the money out and trade keeping track of the loss for him, it sounds to me that he thinks that he can write the loss off whence he takes the money out. That may not be the case, but just to be clear. One of the great benefits of an IRA is you don't pay taxes on the gains, interest and dividends from year to year. But. One of the drawbacks is. You can't take a capital loss on that as well so there's really no no way to benefit on your tax return from this loss. Next question comes from Benjamin. You recommend seeing a fee. Only financial adviser for check in every so often I know there is the Garrett planning network and others to help find an advisor. But what questions do you ask? And what answers do you listen for when trying to find one that is worth his or her one hundred fifty to two hundred fifty per hour. So I would say start first with asking yourself some questions. What are you looking for? You could go for the whole launch. Lada where someone is managing your money analyzing retirement plan helping new save and a five twenty nine. Maybe even doing your taxes with some financial planners do help with the state planning, or are you looking for something more targeted? You just want advice about am I saving enough for retirement, or are you close to retirement? You're like I just WanNa make sure that I'm doing right when terms like choosing my Medicare plan and claiming social security at the right time, so first of all just be very clear of what you're looking for. Then if it involves investments in any way, you WanNa, make sure that you find someone who is at least in the general same area philosophically and I say this, because many financial planners are hardcore index. And if you come to them as a motley fool, listener member with a lot of individual stocks. They may say okay. I'll give you some general asset allocation guidance, or they'll say I don't care if you like to pick. Stocks are not my advises, sell the stocks and go to index funds, so you want to make sure that if you're gonNA, ask for any sort of investment. Advice that you wanna find someone who's someone somewhat at least aligned for what you're looking for. Once, you've got that then. Just asked some of the typical stuff. You might expect so credentials certified financial planner. Are they a CPA either their personal financial specialist. How long they've been in the business. There are lots of people who. have not been in the business very long. Even though they're not young people, a lot of people choose financial planning as a second career, which I think is great, but just because someone may be look like they're in their forties or fifties. Sixties doesn't mean they've been in the business that long, and you WANNA. See if they've worked with someone like you right so if you have. Maybe. You have a large amount of wealth large income huge portfolio. You WanNa make sure that they have experienced with dealing with those issues, but on the flip side to if if you have, are you know middle income, decent size portfolio, but nothing too complicated. You don't WanNa. Go to someone who's used to dealing with someone who's wealthier partially because those people charge a lot more. You want to find someone who's kind of a little more lined up with what you're doing. Then make appointments with three folks. All of them will do get do free. Get acquainted means, and you're just looking for someone who you feel comfortable with. Since, you mentioned Garrett Big Fan of the Gary Planning Network and other is is not for the National Association of Personal Financial Advisers. But Garrett on their website has a how to choose an adviser section. Just Google attitude visor Garrett Planet Network has a great chapter from a dummies book that they wrote about how to choose adviser, and they have a good questionnaire that you can print out in US asking lots of good questions of financial planner. It's tough. Choosing a financial planner like my mom just went through that Bro! Is You know and she didn't really have a lot of options in Boise Idaho. Maybe two and one of them, she I never called her back, and never got back her, and the other one was just so busy just so busy, and just she just never. It's it can be rough. Finding a financial planner can be I. Think what we'll see is one of the consequences of this. Of the coronavirus pandemic. Just, like we are all used to working from home, many financial advisors and financial planners an now working from home. So in what they're doing is they're becoming licensed in more states. So, if you are more comfortable, working with someone over zoom remotely I think you don't have to stick with someone in your area. You can go beyond your locations, but you know some people don't feel comfortable that if if they're going to have someone managing their life savings, they want to be able to meet them in person. That's just a personal choice. All right next question comes from twitter. Is that right from sully what I hear? Okay? I just listened to the episode mentioning Your Weakness Two. Shopping carts and Tj, Maxx that me or you Jason. Accused me. Thoughts on the stock. If I had a war on Amazon, basket would be Costco TJ maxx Home Depot tractor supply. What would be your basket against online retail? That's funny. Well okay, listen I wouldn't have basket against online retail, because online retails where it's at. The whole idea. The whole idea behind the basket approaches to find a long term trend that you feel like the world is headed toward and so the war on cash basket, for example that was always one about people using cash war, traffic payments now with that said I get the spirit of the question some going to answer it because I do like some of these ideas. And I I would definitely include Costco in their in Home Depot's well. Home Depot gets a lot of my money. Doesn't, but they have a very loyal fan base of customers that just are happy to renew year in year out. So I love those membership models there, so costco and a Home Depot for sure you know I'm going to give a little shout at my wife Robin I. Know that she would approve of my adding target to the mixer. She hasn't been raving about targets APP and ordering on the APP the able to go to the store. Just pick it up right there I've talked with Ron Gross on more than one occasion about target and how this really has. Become a twenty first century resale right they're doing. They're doing everything online and in physical stores. What they call Alma Channel and then my fourth and I'm GONNA. Take this. You probably aren't expecting this when Alison. I'm GonNa Shock and all you. I'm ready. I'm ready Alta. We're going. Make up my I know my daughter's love. It ugly ugly Mug like this. What do I know about makeup? Tell you what. Get! A House with two daughters and a wife. That's what I know about make. There's a lot of it in an Ulta is a really really good business. They actually have a very nice diversified revenue stream. They've got the salon a`dynamic of the business which encourages people to go there they do have an online business. They have an augmented reality function there at where you can actually like. Try things on makeup to see how it looks. Mary Dillon just a phenomenal other adults of that's my fourth, their Ulta but they I appreciate the spirit of the question I like the idea I'm not saying this is the basket. I'm not tracking this basket in a not a not backing this basket, but in the spirit of the question if I had to develop. A basket, such as this one I think it'd go with those four. Yeah, I mean I guess you just have to think about what retail out there is something that you would still physically go to. Because the actual retail experience is being in the space is the experience and what you're there for? And I know I mean before Corona virus we I would go to target and just just couldn't believe how much money I had spent from walking through a few of the aisles. TJ Max is just a phenomenal business I mean what they've done through the years. Is really capitalized on the nature of the business, the advantage they have in that treasure hunt kind of nature like you go to TJ Max, maybe not necessarily looking for something, and then you end up finding a lot of things, and it can be a little bit lumping at times, but but generally speaking like management's a very good job of running that business, and they know how to exploit the advantage of experience. I think they're online game. Though I think they could probably get something going with online, and they just have not have not yet and so I. Haven't since Corona Virus for example. I haven't spent a single dollar there, but I continue to still shop at. Home Depot I. Think Yeah! We still shopping at home depot because we're doing. You know you gotta buy lumber somewhere. And I know my grandparents out in my my inlaws out in rural Virginia. They love tractor supply store, but that's not. That's not in where we live, but. Still New deck at the house there allison. I mean you, can you see? A big exposed beam behind me and some drywall work that needs to happen. Have lots of drywall work that needs to happen now though. Yeah Anyway get to that. All right next question comes from Matthew. I got married to my amazing wife nine days ago in a small Kobe nineteen wedding in our front yard after we postponed it from its original date in April all. It was definitely different, but still very special. My question is in relation to this wonderful event. My salary has been at a level that has allowed me to fund a roth. Ira I love the optionality of it, but after marrying my bad ass, wife are combined. Salaries are now over the limit that would allow me to fund the Roth. IRA does this affect occur immediately? Do I need to now open up a traditional. IRA and begin funding it or do I have until the end of the year. Matthew wants a Roth Bachelor party one last. Well Matthew I have bad news. When it comes to most things in taxes, your status and your age and things like that depends on where you are on the last day of the year, said if you're married on the last day of the year, you were considered married for the whole year. So that means if you contributed started contributing to a Roth IRA for twenty twenty. You need to call up your brokerage. Firm and re characterize that as a traditional. Now don't have any other traditional IRA, as it's very easy to do the back door, Ross which we've talked about before you can just google it or even when you call the brokerage, just say I want to do the backdoor. Roth and they'll tell you what to do. If, you have other traditional IRA as you can still do. It just becomes more complicated and you'll probably pay more taxes. So you, but you may not be totally out of luck and I should say that's only if you have a traditional IRA doesn't matter if your wife has traditional areas. One exception by the way of of what I just said. In terms of tax status and last day of the year is distributions from retirement accounts before it's age fifty nine and a half, you actually have to be age fifty nine and a half to avoid that ten percent early distribution penalty, unless some of the many exceptions that are out there exist. Right next question comes from Warren Warren Buffett. Maybe I don't know that's why I was thinking. He's asking about coq, so maybe maybe. Once James Opinion on coke. By? Or hold? Wants to now. I'd give buffet night give. Kiesel Warren of the same advice and I would say. For some I'm not buying it. Not Buying it I'm not holding it if I own it. I guess that means sell it. Even Atlanta Georgia person like you i. feel like it's almost sacrilege. I am pretty close to probably not being ever even invited back. But the facts are the facts. Okay, I mean you do have to look at the stock itself has been ain't bad stockton for the last five years. I mean I do understand why when you look at it what they do, I mean they have. Four hundred master brands, and less than fifty percent of them are the big global brands that are actually responsible for almost all of their revenue when I say almost only ninety eight percent, so it's a business. It's very reliant on on. You know a small portfolio of really successful grants. The problem is now. We've always talked about cocoa beans such a great distribution story and that's true. They've got a distribution network. It's just phenomenal, but the problem is now. They're what they're distributing is is being seen as not so good for you in so you're seeing them. Have it into to essentially pivot away from what you know brought them all of the success for all these years. Years in soda and that that's not going to change I. Mean you're always GonNa have people to drink soda? People are not to drinking as much soda going forward in the numbers of just kind of the kind of shown that through that through the quarters in the years of Coca, Cola and Pepsi Pepsi. Has the salty snacks division, which I've always been very. Impressed by I, mean I love a good Cheeto, and so I mean anytime you can throw a bag of those cheetos in my Patriot Amok GonNa, turn it their coq. Interrupting, but I think this is also very important point. You tried the Jalapeno White Cheddar crunchy cheetos. The White Shit or so. I've tried to Jalapeno ones but I've not seen the white Cheddar White Cheddar Jalapeno crunchy cheetos. Don't get the puffy. The poofy ones are not as good, but the crunchy white Cheddar Jalapeno Cheetahs. them by them. They're amazing. I have to back. Pain you. I'll get those next time. I promise I, mean Eh. One. crunchy wants the puffy ones, so that people won't you're not? You're not seeing poopie. Who using poofy Joe Copy? We'll be Coca doesn't have that dynamic of their business. They don't have that dynamic to their business, and they've suffered from that Pepsi's Pepsi's outperform coca-cola over the last several years. It's not safe. Pepsi or coke get it back. I'm sure they probably can. But what I am saying is I think there are a lot of better ideas out there, and so I wouldn't be putting new money into Coca Cola and frankly if I did own it. I probably would look at selling it and you know if you've got a beverage company, maybe own starbucks. It seems like the science coming out in support of coffee, right? It's coming and telling you that these sodas. They're gonNA. Make you fat. Coffee, it could extend your life. It could help you live longer. SMART Mexican looking this a starbucks as well is. That sounds like study from the copy roasters of America. Do! Something that Chris Hill sent me the other day. that. We sleep at night. I'm glad I've been drinking coffee as long as I have God knows what I would look like otherwise. You're a good looking man. Rick. good-looking next question comes from. A. I'm trying to save money for my kid's College. Fund while the five nine is a great option. I'm limited to investing in mutual funds, which means at best I'm going to get what the market gets assuming I do some sort of low cost index fund and I be a capital F. Fool investor have been doing much better than the market in the last three years of being a member of. Of Stock Advisor Enroll breakers, even during this pandemic mess by listening to every full podcast and following David and Tom's and yours and every one else's in the full universe. My portfolio of about one hundred stocks is up here today. Thirty percent to the market's down five percent as of day as of today weighed down by three sluggish five to nine plants that are also down five percent each. I feel like throwing away money by using the five to nine, and not being allowed to select my own great companies in which to invest. What's more, my understanding is that the five to nine does not count as an asset for the kid when applying for student aid, but the coverdale does. So I come to you with a simple question. Can I have my cake and eat it, too? What if I wanted to use the coverdell to buy individual stocks? Until the child is nearing college? At which point I then converted to a five to nine. This allows me to get better returns and avoid it being an asset for financial aid and get the favorable tax benefit. So, chose this question, because first of all Dune does a good job explaining the benefits of the coverdell over the five twenty nine, you can buy individual stocks. You can buy and sell them all day long. We recommend that, but you can. Whereas with the five twenty nine, you can only make two changes to the investments a year, and it's all mutual funds. So. That's you did a good job of explaining that. I will point out with the coverdell. It's gotta low contribution limit of only two thousand dollars a year, so for some people save more for college, but they can max out to cover it out, but then put the rest in a five twenty nine. One thing that doomed does not have quite right. Is The financial aid treatment the financial aid treatment? Coverdale's and five twenty nine is identical. They're treated as assets of the parent, not the kid that is favourable from a financial aid perspective. It's not negligible doesn't mean it doesn't have any effect on financial aid, but it's better than an asset that is owned. By the kid. He can. Transfer money from the Coverdell to the five twenty nine. If for some reason, he decides to do that, but you can't transfer it. The other way around so were convinced to try out the covered. You have money in a five twenty nine. You can't move it from the five twenty nine. To the coverdale. What other interesting thing that he pointed out is that he is doing very well with his investments, and he owns about one hundred stocks. We get this question a lot. Either on the show, or on the full live that we run every day for members of full services, and that is how many stocks should I own, and if I owned too many are not just owning index fund watering down my returns, but here's an example if someone owns a one hundred stocks is still crushing the market. Idol last question comes from Cameron thoughts on the valuation of Stone Co in light of the corona virus for a fragile country like Brazil. This could be the tipping point after so many other headwinds. But how does that affect stone? coz Business Jason I. Don't even know what Stone Co is. What is still business? Yes, don't Coz a payments company that's focused on Latin American markets in Brazil and particular in so I guess it could be. Draw you can draw a parallel to to a with square through pay pal at, but generally speaking I mean it's payments. Company focused on Latin America. Primarily Brazil. Is the big money making market kind of like Marco Libra, they're. In I, I, it's a it's. A NEAT opportunity, gained a lot of headline recently, when and it was, it was seen that Berkshire hathaway. Warren Buffett's company Berkshire hathaway taken a five percent position in the company, which is pretty considerable i. Think in the near term. You have to acknowledge the fact that. They're gonNA, be some real headwinds in in Brazil particularly because of the pandemic I mean. The flip side of that is role in same boat kind of in that regard. The entire world is dealing with it, so it's not specifically you know it's. It's not particular to one economy or one country some. To get hit harder than others I, do feel like Brazil. Be at a place where they can recover from this given You know some of the other businesses in the area. I mean that that that I think is. Who knows ultimately how? That's GONNA shake, but generally speaking. I think the move away from cash towards cashless. Transactions in and financial software that's not stopping if anything, this hastens that which which is what I think, Cameron's talking about there and for a company like stone. Co, neither are other companies in the space pags bureau in roquetas libra to but you know moving money around is a big big market opportunity, and there's nothing that says they won't be able to expand well beyond the Latin American markets, too, so I I'd say cautiously optimistic I mean I

IRA Jason Moser Google Chris Hill Brian Feroldi Canada Starbucks Warren Warren Buffett Twitter Toronto Alison United States Muny Bond Brazil Alex
Coca-Cola's stock surges, after profit beats expectations while revenue falls a bit shy

MarketFoolery

02:29 min | 2 weeks ago

Coca-Cola's stock surges, after profit beats expectations while revenue falls a bit shy

"Quarter results for Coca Cola Kate volume down profits down thirty three percent, the biggest drop in quarterly revenue. In, twenty five years and yet. Shares of Coca. Cola op couple of percent this morning. Jason Because CEO James Quincy says basically, the worst is over and so I guess optimism carries the day. I mean yeah, hopefully that is, that is the case you're right. They did note in the called that they felt like the second quarter of the quarter. This is reported was going to be the most impacted quarter. Further year in. You know it's interesting to think about the impact of this business because you would kind of think. Maybe it shouldn't be that bad, but that's only if you. Are Thinking about grocery store aspect right I mean. There's a tremendous F. and B.. Restaurant dynamic to this business in when you look at it from a global perspective that obviously. is going to make a big deal given all of all of the shutdowns in the restaurant sector over the past several months, and it does feel like. I! Say this only partly tongue-in-cheek. It really does kind of feel like coca-cola needs to do something. Different they need to change and I think that you know. We've always been really high on Coca Cola as distribution playwright. We've always talked about that. It's real competitive advantage so let's take that. Let's go one step further because clearly I mean if you determine that you are a SAS business if you call yourself as SAS business, no matter whether you're a SAS Iran. The market is going to give you a little love for that. A COCA COLA'S BEEN A. A very very bad stock known for the last five years. It just has the returns aren't there Pepsi's been a little bit better, but really cocoa has been falling short on a number of fronts, but soda as a service Chris Sas I. Mean Maybe we've had this discussion on the show before. I can't remember old confused but soda as a service. Maybe that's something that could at least helped light a fire, some optimism under the stock because you're right. Even with. The performance today I mean it seems it seems to us to be material, but when you look at the performance over the last five years it actually it is kind of meaningful, because this is not a, it's not not a company that's performing A. Liking it once used to, and I think that has to do with lot just the fact that they're selling. Drink. That is becoming. More and more obviously not good for us.

Chris Sas Coca-Cola James Quincy CEO Jason Iran Pepsi
NFL’s Washington DC Redskins To Retire Name And Logo After 87 Years

Dr. Daliah

00:41 sec | Last month

NFL’s Washington DC Redskins To Retire Name And Logo After 87 Years

"Team, located in Washington will no longer become what they've been combed for many years. Johnstone this explains. A statement by the team said that after a thorough review that began on July 3rd The team would be quote retiring the Redskins name and logo. The team did not announce a new name, and it's unclear exactly when that will happen. Washington's now retired nicknamed dated back to 1933 when the franchise was based in Boston. Native American experts and other critics have long decried the team's name is a dictionary defined racial slur. Owner Daniel Snyder had previously set on multiple occasions that he would never change the team name. Pressure from companies like FedEx, Pepsi and other sponsors appears to have resulted in a 1 80 for Snyder and the franchise. John

Daniel Snyder Washington Johnstone Redskins Fedex Pepsi Boston John
Washington Redskins officially drop name amid calls from activists and sponsors

All of It

01:00 min | Last month

Washington Redskins officially drop name amid calls from activists and sponsors

"Team names in American professional sports is no more today. The NFL's Washington Redskins announced their ending their long fight to defend the team name that has been widely rejected as a racial slur. Here's NPR's Tom Goldman. In a statement, the team announced it will be retiring the Redskins name and logo. The team did not announce a new name. Reportedly, there are trademark and licensing issues to work through. Some of the more popular choices Recently mentioned include the Red Wolves, warriors or red tails, a nod to the World War two African American Fighter Squadron, The Tuskegee Airman. Pressure has grown recently to finally change the 87 year old name After decades of protest against it. The team was well aware of the nationwide demonstrations against racial injustice and symbols of that injustice following the police killing of George Floyd, also, the team's major sponsors, such as FedEx and Pepsi stated they wanted Washington to make a change. Some Goldman. NPR NEWS Federal

Washington Redskins NPR Redskins Tom Goldman Goldman African American Fighter Squad Tuskegee Airman NFL George Floyd Washington Fedex Pepsi
Washington NFL team dropping 'Redskins' name after 87 years

AP News Radio

00:41 sec | Last month

Washington NFL team dropping 'Redskins' name after 87 years

"Washington's NFL franchise has announced its dropping the Redskins name after eighty seven years the team says it's retiring its nickname in the Indian Head logo immediately following two decades of criticism that the offended native Americans a new name will be selected but it's not known how long that will take the move comes less than two weeks after owner Dan Snyder who once declared he would never change the name launched a thorough review amid pressure from sponsors that axing Nike Pepsi and bank of America all lined up against the name which was given to the team in nineteen thirty three when it was still based in Boston my camp in Washington

Washington Dan Snyder Pepsi Boston NFL Redskins Nike Bank Of America
Washington Redskins shedding name after 87 years

Morning Edition

03:35 min | Last month

Washington Redskins shedding name after 87 years

"Is changing its name. In a statement today, the Redskins confirmed they're retiring that name and their logo NPR sports correspondent Tom Goldman is following this story time. Good morning. Morning, Steve. I've paid attention to the city where I lives football team for some years and I remembered a quote went looked it up and it was accurate in 2013. Dan Snyder, the owner, said quote We will never change the name of the team. So what changed? Yeah, And he also said all caps. You can write that in all caps. So Steve in all caps were were saying today that Washington Redskins are retiring that name. As you said a very brief statement. The team released the name The logo are will be gone. So after 87 years of having this name and decades of protest against it, it is gone. Don't know the new name. We don't know yet, You know in this brief statement, It also said that Washington owner Dan Snyder and head coach Ron Rivera are working closely to develop a new name and design an approach that will enhance the standing of our proud tradition rich franchise and inspire our sponsors, fans and community for the next 100 years. The delay right now reportedly is having to work out trademark issues. Some of the most popular names, though, that have been mentioned the red wolves, the Warriors, the red tails in honor of the Tuskegee Airman, the African American fighter squadron that flew in World War two. Their planes had crimson tails, so those could be possibilities. Well, let's remember what the argument was about here. For many, many years, the team had been accused of having a racist name and a racist logo. They had resisted and said they were honoring Native Americans and In various ways and clear the clearly There was a lot of money at stake on that would be one reason that Dan Snyder had said We're not going anywhere with this name. What made this moment? Different? Well, as you well know, there have been, you know, as you say, protests reaching back to the 19 seventies, but obviously the pressure really mounted since the police killing of George Floyd in late May. You know, we have seen a number of symbols, flags and statues change and come down and the Washington team wasn't immune to that pressure, but But, you know, I hate to be cynical here, Steve. But what really got them thinking hard was when sponsors made it clear there needed to be a change FedEx whose name is on the stadium. In Maryland, Pepsi, Nike to name a few All said they wanted changed another important factor The team has wanted to relocate to Washington, D. C. It's original home. FedEx Field is in Maryland. The team practices in Virginia, DC politicians say we'd love to have you back, but you've got to change the name of your team. So that that factored in as well. Our other teams facing similar pressure. Yes, they are, whether they will respond the same way. We don't know. The Cleveland Indians of Major League Baseball report earlier discussing a change the Atlanta Braves of Majorly of Major League Baseball say they won't change their name, but reportedly, they're mulling whether or not to prohibit the Tomahawk chop. The chant and the chopping motion that fans used during games. You know, lots of college teams over the years of jettison controversial names with not a lot of pushback. There will be a long time. Washington fans upset about this because it is changing a long held tradition, but the team will go forward. Tom. Thanks very much.

Dan Snyder Washington Steve Redskins Washington Redskins Tom Goldman Maryland Fedex NPR Atlanta Braves George Floyd Football Warriors Cleveland Indians Of Major Lea Ron Rivera Virginia DC Tuskegee
The Racial Justice Reckoning Over Sports Team Names Is Spreading

The Retirement Trailhead

05:37 min | Last month

The Racial Justice Reckoning Over Sports Team Names Is Spreading

"Trump Trump weighed weighed in in this this week week on on the the Washington Washington NFL NFL team team and and the the Cleveland Cleveland Indians Indians baseball baseball team. team. Considering Considering changing changing their their names, names, names that native Americans have long said are racist. Both franchises announced they're reviewing their names and changes maybe coming before. 2020 NFL and Major League Baseball season's begin perspectives producer ABC is Eric Mollo has more with America In the midst of a reckoning over racial inequality. More athletes are continuing to speak out across the sports world. By noon, Stanford was right. Arizona Cardinals quarterback Cuyler Murray announcing he'll be taking any during the playing of the national anthem this year, one of several players pledging to stand in solidarity with former NFL quarterback Colin Kaepernick, who knelt during the playing of the national anthem to protest police brutality and social injustice. Erica. Over the past week, There's been another reckoning in sports, whether to change team names or logos that contain Native American emblems. In stereotypes. There is time to Move for Major League Baseball's Cleveland Indians announced they're considering changing the team's name manager Terry Francona feels now is an appropriate time for change Older. We're never trying to be disrespectful. I still feel that way, but I don't think that's a good enough answer. Today. The announcement comes a little over a year after Cleveland removed its chief Wahoo logo, a cartoonish caricature of a native American man long considered racist. It also came shortly after the announcement at Washington's NFL franchises weighing whether to change its team name, which is widely regarded as a racial slur. Julian Brave Noise Cat contributes to ESPN is the undefeated He writes that the team name references Native American skin color. In the bloody scouts of indigenous People taken his bounty by white colonists. If a group of people are speaking out about the racism of a team logo, it's It's quite the thing to go and claim that actually know you are honoring them, and it's hard for me to imagine the same thing happening for another racial group in the United States. Team owner Dan Snyder has bound for years. He never changed the name. Saying the term actually embodies honor, respect and pride. Protesters and advocacy groups have called for change for decades. But on ly in the face of mounting economic pressure did Snyder finally announced they're reconsidering investors with major sponsors from Pepsi. FedEx in Nike sent letters asking the companies to terminate their relationship with Washington unless it agreed to a name change, which you know kind of exciting on the one hand, but the reality it reveals about the power of capital. In our culture and society is a little bit of a downer for me. But those two franchises don't stand alone. A world without native mascots is the ideal world. Nick Marin is a member of this a pony tribe in a staff writer for the New Republic any kind of imagery like that and specifically as it relates to native people, because we have been made invisible, forcibly the idea that we would You get rid of the walking Jim NFL team and keep the Kansas City Chiefs It speaks a certain hollowness that I think this kind of corporate social justice campaigns often involve the Kansas City Chiefs. Atlanta Braves in Chicago Blackhawks are among professional franchises that continue to employ Native American imagery on their jerseys in their team names and in cheers by fans has become a very normalized thing, which I think is common place with a lot of systems and forms of institution. Oppression. These things we don't think of them in the moment as being particularly egregious because they've become so normalized in society. Those franchises aren't following the lead of Washington in Cleveland. None of them announce name changes, though Atlanta is reportedly considering no longer allowing the Tomahawk chop chance at games, and the Blackhawks went on to say that their team name and logo symbolizes an important native American figure. And they aren't moving toward formal change. It reduces you to a caricature there, 570 plus tribal nations. That's 570 plus tribal cultures. Any kind of idea that, like there is one kind of Indian is very reductionist kind of view of US. President Trump even weighed in this week via Twitter, saying the names of Washington's in Cleveland's teams Signify strength and not weakness, and they're merely considering the change to be politically correct. The president's statement in the very decisions of these franchises do raise questions isn't important to distinguish between the offensiveness of each individual team name, and is any of this iconography, actually honor or respect the Native Americans? Or in same team names and logos on our native people. Is that merely perpetuating cultural appropriation and the use of stereotypical Native American imagery, Martin says. It's not that slippery of a slope. If you're saying our mascot, our team name is not as racist as Washington NFL team still an admission that it is races, Washington's head coach, Ron Rivera, who is one of four minority head coaches in the NFL, told The Washington Post. It would be awesome if the team changed its name. In the National Congress of American Indians have long opposed the use of Native American stereotypical imagery in professional sports. As professional sports franchises are choosing to reexamine these issues in the midst of America's reckoning over race relations, they're faced with a new choice. Well, economic pressures determine if they choose to rename their teams or will they listen to decades long calls from Native American advocacy groups to eliminate the use of these emblems of the only reasons happening so swiftly is because their this is something that native people years of ground Work into and so what this moment kind of larger cultural reckoning has become. It's just kind of an impetus to say Okay, Now is the time to finally get rid of these things.

NFL Washington Cleveland Washington Washington Nfl Cleveland Cleveland Indians In Trump Trump Dan Snyder National Congress Of American United States America Kansas City Chiefs Terry Francona Jim Nfl The Washington Post Arizona Cardinals Major League Espn Atlanta Braves
The Racial Justice Reckoning Over Sports Team Names Is Spreading

The Retirement Trailhead

04:55 min | Last month

The Racial Justice Reckoning Over Sports Team Names Is Spreading

"Week, week, There's There's been been another another reckoning reckoning in in sports, sports, whether whether to to change change team team names names or or logos logos that that contain contain Native Native American American emblems. emblems. In In stereotypes. stereotypes. There There is is time time to to Move Move for for Major Major League League Baseball's Baseball's Cleveland Cleveland Indians Indians announced announced they're they're considering considering changing changing the the team's team's name name manager manager Terry Terry Francona Francona feels feels now now is is an appropriate an appropriate time time for for change change Older. Older. We're We're never never trying trying to to be be disrespectful. disrespectful. I I still still feel feel that that way, way, but but I I don't don't think think that's that's a a good good enough enough answer. answer. Today. Today. The The announcement announcement comes comes a a little little over over a a year year after after Cleveland Cleveland removed removed its its chief chief Wahoo Wahoo logo, logo, a a cartoonish cartoonish caricature caricature of of a native a native American American man man long long considered considered racist. racist. It It also also came came shortly shortly after after the the announcement announcement at at Washington's Washington's NFL NFL franchises franchises weighing weighing whether whether to to change change its its team team name, name, which which is is widely widely regarded regarded as as a racial a racial slur. slur. Julian Julian Brave Brave Noise Noise Cat Cat contributes contributes to to ESPN ESPN is is the the undefeated undefeated He He writes writes that that the the team team name name references references Native Native American American skin skin color. color. In the In the bloody bloody scouts scouts of of indigenous indigenous People People taken taken his his bounty bounty by by white white colonists. colonists. If If a group a group of of people people are are speaking speaking out out about about the the racism racism of of a team a team logo, logo, it's it's It's It's quite quite the the thing thing to to go go and and claim claim that that actually actually know know you you are are honoring honoring them, them, and and it's it's hard hard for for me me to imagine to imagine the the same same thing thing happening happening for for another another racial racial group group in in the United the United States. States. Team Team owner owner Dan Dan Snyder Snyder has has bound bound for for years. years. He He never never changed changed the name. the name. Saying Saying the the term term actually actually embodies embodies honor, honor, respect respect and and pride. pride. Protesters Protesters and and advocacy advocacy groups groups have have called called for for change change for for decades. decades. But But on on ly ly in the in face the face of of mounting mounting economic economic pressure pressure did did Snyder Snyder finally finally announced announced they're they're reconsidering reconsidering investors investors with with major major sponsors sponsors from from Pepsi. Pepsi. FedEx FedEx in in Nike Nike sent sent letters letters asking asking the the companies companies to to terminate terminate their their relationship relationship with with Washington Washington unless unless it it agreed agreed to to a name a name change, change, which which you know you know kind kind of of exciting exciting on on the the one one hand, hand, but but the the reality reality it it reveals reveals about about the the power power of of capital. capital. In In our our culture culture and and society society is is a a little little bit bit of of a downer a downer for for me. me. But But those those two two franchises franchises don't don't stand stand alone. alone. A A world world without without native native mascots mascots is is the the ideal ideal world. world. Nick Nick Marin Marin is is a member a member of of this this a pony a pony tribe tribe in in a staff a staff writer writer for for the the New New Republic Republic any any kind kind of of imagery imagery like like that that and and specifically specifically as as it it relates relates to to native native people, people, because because we we have have been been made made invisible, invisible, forcibly forcibly the the idea idea that that we we would would You You get get rid rid of of the the walking walking Jim Jim NFL NFL team team and and keep keep the the Kansas Kansas City City Chiefs Chiefs It It speaks speaks a a certain certain hollowness hollowness that that I I think think this this kind kind of of corporate corporate social social justice justice campaigns campaigns often often involve involve the Kansas the Kansas City City Chiefs. Chiefs. Atlanta Atlanta Braves Braves in in Chicago Chicago Blackhawks Blackhawks are are among among professional professional franchises franchises that that continue continue to to employ employ Native Native American American imagery imagery on on their their jerseys jerseys in in their their team team names names and and in in cheers cheers by by fans fans has has become become a a very very normalized normalized thing, thing, which which I think I think is is common common place place with with a lot a lot of of systems systems and and forms forms of of institution. institution. Oppression. Oppression. These These things things we we don't don't think think of of them them in in the moment the moment as as being being particularly particularly egregious egregious because because they've they've become become so so normalized normalized in society. in society. Those Those franchises franchises aren't aren't following following the the lead lead of of Washington Washington in in Cleveland. Cleveland. None None of them of them announce announce name name changes, changes, though though Atlanta Atlanta is is reportedly reportedly considering considering no no longer longer allowing allowing the the Tomahawk Tomahawk chop chop chance chance at at games, games, and and the Blackhawks the Blackhawks went went on on to to say say that that their their team team name name and and logo logo symbolizes symbolizes an an important important native native American American figure. figure. And And they they aren't aren't moving moving toward toward formal formal change. change. It It reduces reduces you you to to a a caricature caricature there, there, 570 570 plus plus tribal tribal nations. nations. That's That's 570 570 plus plus tribal tribal cultures. cultures. Any Any kind kind of of idea idea that, that, like like there there is is one one kind kind of of Indian Indian is is very very reductionist reductionist kind kind of of view view of of US. US. President President Trump Trump even even weighed weighed in in this this week week via via Twitter, Twitter, saying saying the the names names of of Washington's Washington's in in Cleveland's Cleveland's teams teams Signify Signify strength strength and and not not weakness, weakness, and and they're they're merely merely considering considering the the change change to to be be politically politically correct. correct. The The president's president's statement statement in in the the very very decisions decisions of of these these franchises franchises do do raise raise questions questions isn't isn't important important to to distinguish distinguish between between the the offensiveness offensiveness of of each each individual individual team team name, name, and and is is any any of this of this iconography, iconography, actually actually honor honor or or respect respect the Native the Native Americans? Americans? Or Or in in same same team team names names and and logos logos on on our our native native people. people. Is Is that that merely merely perpetuating perpetuating cultural cultural appropriation appropriation and and the the use use of of stereotypical stereotypical Native Native American American imagery, imagery, Martin Martin says. says. It's It's not not that that slippery slippery of a of slope. a slope. If If you're you're saying saying our our mascot, mascot, our our team team name name is is not not as as racist racist as as Washington Washington NFL NFL team team still still an an admission admission that that it it is is races, races, Washington's Washington's head head coach, coach, Ron Ron Rivera, Rivera, who who is is one one of of four four minority minority head head coaches coaches in in the the NFL, NFL, told told The The Washington Washington Post. Post. It It would would be be awesome awesome if if the the team team changed changed its its name. name. In the In the National National Congress Congress of of American American Indians Indians have have long long opposed opposed the the use use of of Native Native American American stereotypical stereotypical imagery imagery in in professional professional sports. sports. As As professional professional sports sports franchises franchises are are choosing choosing to to reexamine reexamine these these issues issues in in the midst the midst of of America's America's reckoning reckoning over over race race relations, relations, they're they're faced faced with with a new a new choice. choice. Well, Well, economic economic pressures pressures determine determine if if they they choose choose to to rename rename their their teams teams or or will will they they listen listen to to decades decades long long calls calls from from Native Native American American advocacy advocacy groups groups to to eliminate eliminate the the use use of of these these emblems emblems of the of only the only reasons reasons happening happening so so swiftly swiftly is is because because their their this this is is something something that that native native people people years years of of ground ground Work Work into into and and so so what what this this moment moment kind kind of of larger larger cultural cultural reckoning reckoning has has become. become. It's It's just just kind kind of of an an impetus impetus to to say say Okay, Okay, Now Now is is the the time time to to finally finally get get rid rid of of these these things. things. Reporting for perspective. I'm Eric Mollo ABC News

NFL Washington Cleveland Team Team Dan Dan Snyder Snyder Blackhawks United States Cleveland Cleveland Indians Atlanta American American Indians Indi Terry Terry Francona Washington Washington Major Major League League Pepsi President Trump Kansas Kansas City City Chiefs Julian Julian
Report: Redskins' minority owners threaten to sell

Afternoons with Marcellus & Kelvin

01:35 min | Last month

Report: Redskins' minority owners threaten to sell

"So the big debate was going on this weekend about. The Washington football team right and their new nickname, so if you don't know what's happening, the Washington redskins are probably going to change their name Adam schefter reporting that Fedex basically said all right enough is enough. Three of the minority owners which own forty percent of the team had told Daniel Snyder. They're out if he doesn't do it Nike has put pressure on them, so it's now happening. Ron, Rivera has finally put some pressure on them and by the way all the stuff. Did you see what Jeanie Buss tweeted about this greg? Now what she's saying. She was on July second, so it was right before the weekend and I re tweeted it for those that didn't get a chance to see as you can. you can see it at Sodano. And I thought. She made an unbelievably compelling argument. I thought it was fantastic on her part. It was talking about at the time. Nike and Fedex and Pepsi. Ties with Washington. And, she wrote the argument I've heard. is about the argument for keeping the name? Quote if we changed the team's name. We lose our history. My reply, and by the way she's right. That's what most people are saying. which is kind of silly, but I thought she surmised they're perfectly. Jeanie, said my reply. It's human beings. She writes in capital letters who created the memories and won the game's not a logo. She wrote in caps. A change in name will not alter what art monk Dexter. Manley Darryl. Green Doug Williams etc means to the fans she's. One million percent

Jeanie Buss Washington Redskins Fedex Nike Washington Daniel Snyder Adam Schefter Manley Darryl Doug Williams Sodano RON Rivera Greg
Washington Redskins agree review of controversial team name

Building Michigan

00:47 sec | Last month

Washington Redskins agree review of controversial team name

"Of the NFL's Washington franchise appears to be doing a 1 80 on calls to change the team name. Redskins owner Daniel Snyder has long resisted calls by many for him to change the team name telling Yusa today seven years ago, quote Will never change the name. It's that simple, Never. You can use caps, and he defended the name two years later in an interview on ESPN. Most people understand what the team name means. They look at it as we all do honor respect. But now big sponsors like FedEx and Pepsi have called on the team to change the name, and Nike has apparently stopped selling team apparel on their website. Snyder and the team has now released a statement saying they've begun a quote. Thorough review of the team name. Snyder has owned the team since 1999. John

Daniel Snyder Yusa Redskins NFL Fedex Nike Washington Espn Pepsi John
Facebook Sees Growing Ad Boycott in Protest Against Handling of Speech

The Frankie Boyer Show

00:27 sec | Last month

Facebook Sees Growing Ad Boycott in Protest Against Handling of Speech

"Boycott against Facebook has now got about 250 companies on board, including Ford, Pepsi, Adidas and Denny's. The latest arrivals to the list, joining the Stop Hate for profit campaign. They're all promising not to spend money on Facebook ads in July this after civil rights groups have been accusing the social media giant of doing very little to stop hate speech and misinformation.

Facebook Adidas Denny Pepsi Ford
Starbucks pausing ads 'across all social media platforms' in effort to combat hate speech

Sean Hannity

00:18 sec | Last month

Starbucks pausing ads 'across all social media platforms' in effort to combat hate speech

"Another big company, is pressing pause on advertising on Facebook and other social media platforms. Starbucks says it's stopping ads on platforms because more needs to be done to create more inclusive online communities. The coffee chain's move comes after Coca Cola, Pepsi and other large corporations pull their advertising from social media over hate speech on

Coca Cola Starbucks Facebook Pepsi
Aunt Jemima and Uncle Ben's, Rooted in Racist Imagery, to Change

WSJ What's News

08:51 min | Last month

Aunt Jemima and Uncle Ben's, Rooted in Racist Imagery, to Change

"It's a seismic shift for a more than century old brand with a controversial history today, the Pepsico unit that sells aunt Jemima products, says it's dropping the name and image that's long been used on its pancake mixes and syrups because of its origins in racist imagery of black people also today the Mars Company said it would change its uncle Ben's brand and Conagra said it's putting its Mrs Butterworth's brand under review. They're just some of the companies that are reexamining their histories, products and messaging amid nationwide calls for racial justice and Equality. Joining me now to discuss how big brands are responding or Wall Street Journal, business columnist John Stole and reporter Jennifer Maloney. So, let's start with the big decision today from Pepsico to retire. Aunt Jemima products. This is a huge change. The brand dates back to the late eighteen hundreds Jennifer. What's changed the company's opinion on using the imagery and the name here? What did you hear from Pepsi? They say that in the wake of the killing of George Floyd they recognize that and Jemima's origins are based on racial stereotype, and that while they have made changes over the years to update the brand in a manner that they said was intended to be appropriate and respectful that they now realizes that those changes aren't enough just to look back at the history of this brand. It dates back to eighteen eighty nine. It was inspired by popular song called Old Aunt. My that was typically performed in minstrel shows by a white man. Man in black face, and the creators of the pancake brand hired a former enslaved woman named Nancy Green to be the spokeswoman. She made her debut at a world's fair in Chicago in eighteen ninety three singing in telling stories and making pancakes outside booth, designed to look like giant flour barrel, and the packaging has featured an image of a black woman. Originally, she wore a head scarf the over the years. That image has evolved in thousand, nineteen, hundred nine. The company updated the imagery and replaced the headscarf with Pearl earrings analyst caller. And this isn't the only brand that's acted in recent years or even recent weeks at this point to remove offensive stereotypes, but this moment really feels like something of a sea change in the way, companies are thinking about an also responding more immediately to calls for Racial Justice John. Do you see an increase in responsiveness on the part of major companies in this particular moment? I think the era that we're in right now is kind of. Let's turn over the most obvious things that we can do it. My mind went to completely different. People grew, but you think about the Washington Redskins for instance I? I mean for years. There's been complaints about anti-obama for years. There's been complaints about the Washington redskins and it takes a moment like this for a company to say okay. We need to do the obvious thing that is right by our consumers and our employees. You know you have to remember like it's not just the the consumers and the shelves at stores that the PepsiCo executives or executives at other companies are worried about. They're worried about. Their employees are workforces their stockholders. There's a lot of constituents here that they have to think about before making a move in any other direction and I think. We learned a couple years ago when Nike took a proactive move and canceled a shoe that Colin Kaepernick said would potentially be offensive to the black community. It really was a line in the sand. Where I think the company said. Let's err on the side of caution. It is interesting to see. Not just PepsiCo, but other brands thinking about everything from the way that they advertise market to the way that they speak internally to employees to whether they're not. They're going to sell or buy facial recognition that could potentially be disadvantageous to certain racists. The Big Litmus test for me is whether or not or companies stopped doing stupid stuff. I mean it's amazing. How many companies just put their foot in it over and over again on issues that most most Americans would say that just was not a good. Add to even think about. Our ad got leaked. oops, you're like. Wait a minute. Greenlighted the idea in the first place, so you know I you've seen. Companies create chief diversity officers, the board of directors getting involved there will be an extra layer scrutiny for quite some time on every brand in existence, and then on top of that all of the initiatives going forward. Yeah and to that point, Jennifer. It seems that we are seeing an uptick in companies that are responding more immediately. We also heard from the company behind the Uncle Ben's brand today. Right Mars which makes uncle. Ben's Rice told The Wall Street Journal that it will change its ankle brand. It doesn't know exactly how or when, but they say that they're evaluating all possibilities, and they have committed to making a change. We also saw. Saw earlier this year that land lakes dropped the indigenous woman Mia. It had long featured on its packaging. The company said that that was meant to better reflect its culture. She had first appeared in one, thousand, nine, hundred, eighty, eight, and kneeling in sort of stereotypical clothing and clutching Orlando Container, so we're seeing some of these iconic brands that sort of have drawn on racial stereotypes, really doing some soul-searching right now, I mean. When the NFL. Reverses Course on activities that for a long time it tried to stand at standard arm's length from like kneeling during the national anthem, and now has reversed course as aggressively as they have. It shows the force of the moment that we are in, and it also shows I think finally a level of recognition that a big part of the employee base in the NFL or a big part of the consumer base at Pepsi are not just black. They're also empathetic and agreeing with. The social progress that has kind of being signalled with the demonstrations with the constant drumbeat of black lives, matter or whatever other people group. Legitimately marginalized or offended by age old practices. And how big of a role is the public pressure playing here I mean not just demonstrators and. who are out in the streets, but also pressure for these companies from within from their own employees we've seen employees feel more empowered, and and far more bold to say what they feel. And to get the discussion from a discussion to actual action, I mean I think I've done interviews for twenty years about discussions. We've got to have a discussion. We've got a dialogue. We've got to get this out into the public. Square and I think people are saying. Hey, enough is enough. It's like we gotta do something. It's like when people complain. After a mass shooting about thoughts and prayers, thoughts and prayers are great, but they're not going to bring back my son or they're not gonna change this happening again. We need action and I think employees are starting to say. You can put the statement out. You can put the tweet out. You can change the your your your twitter profile whatever you WanNa do for a day or two, but what are going to be the steps to lasting and meaningful change. The employees are definitely starting to feel that way. Yeah, it also seems like there's a much bigger call to action. Now I mean I've spoken to co workers and friends about all the messages were getting via email from companies. You wouldn't think would normally weigh in on issues of racial justice, but. It seems like this is a time where people are saying. Need more than just words, so is what we're seeing from big brands enough. Well, this is what big companies across the United States and beyond are grappling with right now. Their own workforce's are demanding significant structural change. And so you see companies sort of racing, not just to put out statements to supporting black lives matter movement, but. To introduce new initiatives policies in terms of hiring in terms of charitable, giving in terms of you know trying to promote people of color up through the ranks of the organization diversify their boards, and I think we're going to see more as the days and weeks progress, but we already have seen a number of announcements from companies to pledging. Actions and and trying to put money where their mouth is.

Pepsico Jennifer Maloney Washington Redskins Pepsi BEN The Wall Street Journal Conagra Chicago NFL Nancy Green George Floyd Mars Company United States Jemima Mrs Butterworth John Stole Nike Reporter Colin Kaepernick Analyst
Aunt Jemima changing its name and image

Brian Kilmeade

00:37 sec | Last month

Aunt Jemima changing its name and image

"Like our oats is retiring its aunt Jemima brand of syrup and pancake mixes there have been repeated calls for the company to change the name and logo saying that aunt Jemima was rooted in the southern image of a submissive servant people complained for decades that aunt Jemima's commercials personified the so called Manny stereo type over the years the company tried revamping and Jemima's image at one point hiring singer Gladys Knight to be a spokesperson a statement from the Pepsi owned company said they were working to make progress toward racial equality through several initiatives it said they were taking a hard look at their brands to ensure that they reflect their

Jemima Pepsi Manny Gladys Knight
The Future Of Health Care

Mentally Yours

08:38 min | 2 months ago

The Future Of Health Care

"Odd Bjorn and welcome Swinton Yours Metro. Could he ks mental health podcast? I'm Yvette and we're doing things but at the moment because of the epidemic today. I'm chatting soup Professor Mike Combs. He's the vice chairman of the Royal College of General Practitioners. We're going be fine the out about how. Gp's coping at the moment and how the health service might be affected after the epidemic We do know is I think. Definitely different general practice Evolved changed rapidly last Pepsi's accesses in a different way using technology and much more over way. But you know I think I'm despite the fact that has been changes work so it's GonNa. I'm still quite certainly where I would. Let's get to hear What's Today worked? Like how change because of the prime of it. So I think The Access to general practitioners. So we're asking patients to use the phone who use the Internet to contact us and then we're cooling back in assessing than needs and often weekly video consultations which we have helped in. We're trying to do with as as many agent requests hitting outweighs possible We're using more than one more. My Corona virus type symptoms. But we're also got the ability to save people both in the way I'd also Problems you are. A few people have been put off new ways. Contacting be found. People have adopted very quickly. Immi indicated you. I think people were the public with that. Had An amazing response and using services really appropriately and trying to keep away. She hasn't we have noticed that there was a reduction agent edgy cat activity. You know at one point. I think we're probably seeing a twenty five percent reduction of cool cozy against Over time has become slide worrying. And we're seeing fewer people they admitted to hospital for Co Coburg Related Issues Where seeing numbers referrals to Secondary Cancer Hospital Services has Jesus for example the two week. Wait referrals potential. Cancer diagnoses seems to have gone down by fifty percent. So we all worried that people have changed their behavior and it's and it's resulting Perhaps not presenting to general practice. We've probably be able to today. What about these mental health issues? Do you think people are still stiff? Hesitates to him thinking that they should getting touch that. Gps The moment useful thing. There is an element is I was talking to some colleagues From I AP and from so. That's the local psychological therapies service and also from the Somme and tell them to have reduced And I think we also you see few patients presenting with mental health issues which is again a bit of a worry. 'cause you know what we suspected that those programs have increasing due to the low kind due to the current situation so we all trying to get message out. General Practices Oakland to business. I mean we really would like to contact his a took him. Yeah definitely because I'm sure it's it's a very difficult time for lots of people for twenty two issues on that people with longtime mental health issues finding things harder at the moment but also Perhaps people who might not sit had mentally south issues before dealing with a great deal of sedans. Artie and other issues How you finding yourself that things like that. The video calls and of telephone calls with patients. I mean do you think it must be very difficult to support people especially with mental issues that way? Different I think. And we're having to adapt to that have to make the best of it and to be honest. We all able to communicate. We only see patients affected. Say is being in the same room with human connection and the definitely different I think it's okay. We're managing to have conversations and you know we do have the ability to see people and if absolutely necessary and of course We meet we have capacity to do that. We already sort of done how some people might be sort of hesitation about event the GP even if they had quite a serious issue are you. There might be some sort of Possible sort of Russians under people going to the doctor after tendon because over. That's one of the things that we have been talking about. You won't come next and I think general practice. He's starting to pass that and we want to avoid being overwhelmed and and we're starting to reach out to patients who we think might might be higher. School is situation where they might need our input so many long term condition and of course mental health is one of them. So we're thinking about well which civilian into to me to reach out to you Pets on dementia patients The pictures that practice of being at high risk for the reasons whether a history of safeguarding or perhaps domestic abuse history in the past you know building teams in the practice to then reach out and try and connect them productivity wrongly and just waiting to contact to What about GP's themselves? What kind of challenges? They face into the right mental health because it must be quite stressful time as a stressful time for all of us but it must be particularly Houghton Sosa from frontlines. Much me something where we we all. Well I think the changes in themselves and the ducks into new rated working has been one thing Obviously the risk of contracting to rotavirus yourself to play to think the meal Piccolo know patients. He's had an not a challenge. Either thing that we've come across the cruces A workload in terms of our shielding patients and contacting patients cat home near the vulnerable sincere and having difficult conversations about What they want for their future K. You know whether they want to be casual. Do they want to go into? And those conversations are really difficult to the best of times when you're in the face to face situation but during the do them have those conversations when you're not Is a is is quite stressful. So I think we all worried about. Gp We're trying to Offer resources And support for them to take it out their own well-being James Difficult time. Well supported the out there for GP's in particular. So I think we're so the the role Kanji the being a brokerage house. Educating the major stake goes energy I think in a strong to encourage don't healthcare professionals just to think about themselves focus on their law style to take because die The sleep access always make sure they could social connection and try to avoid an unhealthy way the de de-stressing. That's really important will also Kim giving advice they can do. We're is in that practices to support each other and again. I think that there's a lot of evidence that that sort of support from your team has a huge benefit but we're also the people to resources the NHL has has a website people and don't UK whether fifty fleet apps not help tweak and managing stress. Mindfulness we'd worry anxiety to leak. Think they've been really. Well used an on on top of that the helpline album on mountains. That's seven days a week. I'd also bereavement support line Which I think is getting at both getting really take

GP Royal College Of General Pract Vice Chairman Professor Mike Combs Pepsi Yvette Bjorn Immi Swinton Secondary Cancer Hospital Serv Cancer NHL Co Coburg Artie Houghton Sosa KIM Oakland UK
TV advertisers are changing the channel

KCRW's Hollywood Breakdown

04:20 min | 3 months ago

TV advertisers are changing the channel

"I'm Kim Masters and this is Hollywood breakdown joining me as my regular Banter Buddy on the business at felony and Matt normally a lot of reporters would be gathering with a with masses and masses of advertisers in New York. This time of year for the upfront presentations when these advertisers are are given very splashy star studded presentations in places like Carnegie Hall Where CBS does presentation and these they unroll the fall shows and they they and there's huge parties. I mean this is where billions of dollars worth of advertising are are starting to get sold on the basis of the shows. I remember the year back when they played. Abc played the entire pilot for modern family. That's really rare. It's what you do when you think you have something great and you think all the advertisers will want to be a part of it and you can make a lot of money. So of course there's not a prince this year and their virtual. They're doing these things they're trying to do them. In one way or another different networks taking different approaches some of them are having sort of virtual presentations. Some of them are having smaller. Smaller group presentations virtually of course and it augurs badly all of this because advertisers are really fleeing the businesses not there. It's going to really really be devastating for television that is driven by advertising. Yeah I mean this has been analogize by a couple of analysts to the two thousand eight recession and what that did for the print advertising market which is it exacerbated trends that were already afoot and just absolutely accelerated and made them devastating to the print. Business and people think that this might be the case for traditional LINEAR AD driven networks. Where there are you know. They're the trend has been away from these massive commitments but the business has been okay because they've been able to get creative and come up with hybrid ad packages that a lot of advertisers could buy into but this year. I mean there was a Wall Street Journal piece this past week that estimated just in the third quarter between a billion and one point five billion in ad commitments are just going to go away and advertisers are experimenting more and they're seeing more traction on digital platforms and they're using this pandemic to experiment and do do things and will that Ad. Revenue Comeback knows. Yeah they have the ability advertisers in many cases to cancel existing commitments. To get out there trying to I mean they buy these ads well in advance of the TV season and they do have in some cases an chance. They did have a chance to cut back on some of their commitments before may first so things like General Motors pepsi-cola and and Pepsico and cracker barrel and General Mills. Big Huge companies have been trying to take advantage of that cancellation option to varying degrees. And and there was a survey released from something called advertiser perceptions that marketers will plan to spend thirty three percent less this year during the up fronts compared with last year and that is a six point. Six billion dollar decline. If that's right and I'll read you a quote from the one of their executives the upfront strikes at the heart of the uncertainty advertisers are struggling with. They can't commit long term but at the same time you know they do. Advertising isn't going to go permanently away if you're hoping lower to attract customers you got gotta advertise somewhere and TV. I think it's still a big tent broadcast TV. And the ratings have been up for broadcast network. They've been up everywhere during the pandemic. But we're starting to see some softening as these were made it. Home episodes become more ubiquitous. I think that's probably going to continue over the summer. In the fall. People are afraid to spend money so advertisers can advertise but people aren't necessarily buying and those companies are hurting to thank you. Matt thank you. That's Matt Bellamy joins me this Monday at one thirty business. I'm Kim Masters and this is the Hollywood breakdown.

Matt Bellamy Kim Masters Hollywood Carnegie Hall Wall Street Journal ABC New York CBS General Motors Pepsico General Mills
"pepsi" Discussed on Ridiculous History

Ridiculous History

07:22 min | 4 months ago

"pepsi" Discussed on Ridiculous History

"Holy Crap that you gotta wonder like who struck up that you'll talk about exclusivity right okay and Pizza Parties in General Pizza Hut Kinda had the racket ran gamut on pizza parties for kids. There were no dominoes pizza parties it was always the hut. Yeah Yeah Domino's was home. Pizza Pizza Hut was social event pizza. Casey I'm so glad that you mentioned book it at one. A shout out that program for anybody. Who IS UNFAMILIAR Book? It was It was I think is because they're still on twitter and actually communicate with them on twitter. Facebook was program for children here in the US for sure maybe in other parts of the world Wherein you would have a set amount of books that you would read and you will be rewarded with different levels right you would get a button you make it a t shirt but the the big thing was if you might if you mind your PS and QS. You could get your own pizza calling a tiny pizza a personal pan pizza by the way stroke of genius mcvay and by the way one serving size person. Pan. It's for you. You get the whole thing one serving. Yeah this isn't like it's not one of those situations where you order fries and someone snags. One is true. Hang on guys I gotTa let my cat out. You might hear some yowling is this. This is real. This is real life. We're going leave this in. Get Out of here. Yeah well that might be. They can't tell his cadre. Mike Catt okay. Cat's meow hang on. No my cats go into. They must have heard your what really. I've got two cats. Yeah One superchunk and the Doctor Bank man is the louder one so the scientists of the two right right. He's he's he's our Bill Murray but if you guys hear him just let me know and I'll I'll I'll handle it so so here we go. They want to open a pizza hut pizza. Hut is awesome or pizza. Hut was at least awesome. Back in the day sells Pepsi exclusively. If I'm not mistaken right right now the thing yeah there. They have the same owner. That's right yeah exactly. And so things are going gangbusters. But there's a complication. There's another complication. The problem is the Soviet ruble still worthless on the international currency market and selling that vodka. It no longer makes enough scratch to cover the amount of Pepsi that the company wants the cell so they go back to the drawing board. Go back to the bordering table and they say look the Soviet government is GONNA have to come up with something else to pay us with something other than vodka that we can sell on the international market and it can't be money because the money doesn't work in the rest of the world and it can't be vodka because of the boycott but a has to be something so they start thinking outside the pizza box. Yeah they sure do And in the spring of Nineteen Eighty Nine. They come to an agreement. Pepsi becomes the proud owner of seventeen Soviet submarines three worships Including a decommissioned frigate to love Alaba frigates a cruiser and a destroyer And the idea here was obviously you know very cute in the way. This episode was named. You know that that Pepsi had this big Navy. They were not intending to take over the world with their navy. They just needed something. They could liquidate right. Yeah their goal for this stuff was to sell it as scrap. These were not new. These were quite outdated a decommissioned. Military vessels correct. Yeah yeah that's correct. the frigate was decommissioned. As you said even the stuff that wasn't decommissioned was old and outdated Pepsi also got some Soviet oil tankers and those they either lease or they sold outright In partnership with the company in Norway and so technically yes they did have a navy for a second but they had no known plans to wage war on Coca Cola or something. They're working to invade Atlanta Georgia. Which would have been interesting but they did meet their bottom line because now with the money they make for scrapping this flotilla. They sold it in Sweden. And the money they make from leasing or selling these oil tankers. Lets them double the more than double. Actually the Pepsi Bottling Plants in the Soviet Union and then of course instantly because people back then loved weird jokes as much as we do now in twenty twenty people immediately started joking about the Cola wars on the high seas and This Guy Candle. Who is of course still in in the mix? He is bodied up. So deep with the presidential administration he. He's like talking to Brent Snow Kroft. Who was the National Security Advisor at the time? And he's like who we're disarming. The Soviet Union faster than you are very clever. Very Clever Kendall was his name Brent. He seems like a Brent to me Brent is the National Security Adviser Okay what was? Kendall's first name. He's still seems odd rant. Donald I'M GONNA call on Don. I'm GONNA call them. Donnie real clever Donnie. He's like a child that walks in in the middle of movie answer. Big Lebowski reference to Steve. Show his character Donnie. Rip Donnie. Unless he was actually a figment of the dudes imagination. That is a theory Flooding out Out there and the and the Internet of fear but I I personally believe Donnie was real. You know I. I've got opinions. They got out Biolo- but okay save well. I think there's I think that big Lebowski is purposely written in this sort of Uber Meta cognitive ways so so that it's designed to have those theories that can't really be but can't really be proven. It's fun to think about. I can see that I see I. I would describe what you're saying is like it's almost hyper stylized to the point where you can't quite you have to suspend disbelief the whole time. The whole thing almost feels like a farce and it doesn't feel very like cinema verite. It's very much like absurdist and kind of all bets are off because you don't really have a sense of like the timeline or you know people's relationships exactly like it's all very kind of up in the I see what you're saying and I like it though. Thanks man and shout out to an old friend of mine that I'M NOT GONNA I'm not gonNA site by name. Who Once told me to get my life together and to regard the big. Lebowski is quote a cautionary tale. Yeah I remember. It's pretty rough dude himself though. Was that the dude ABS. I'm sure the dude would be fine with with the way we live our lives right. He abides. Here's the thing saving money with. Geico is almost better than playing pickup basketball. 'cause there's always that guy who joins your game. He never passes the rock. He constantly bricks threes..

Pepsi Donnie Soviet Union twitter Soviet government Clever Kendall Facebook Brent Brent Snow Kroft Mike Catt US Casey Lebowski Geico Navy Atlanta Bill Murray basketball National Security Advisor
"pepsi" Discussed on KFC Radio

KFC Radio

19:00 min | 10 months ago

"pepsi" Discussed on KFC Radio

"The whole time I was like hobbling on that was a tough scene you gotta tell them Cabey's joining the programs Lake Show my Dick on the Internet for likes twenty dollars purposely trying to hide my jackie didn't show your what was the actual I think it might have peaked what that's like an hour twenty eight to thirty two likes I mean that's what this game's all night is what that's the type clout we're looking for a man yeah it was big no I wasn't chasing cloud I was doing it for reading a love of the game if I happen to get that any lives if cloud is just a side effect of an extra bonus shore but it's really just about the art which video d regret more that's been dug up your Pepsi Dick or kissing the Watson I don't think he regrets any of it is it's the woman by far now I do regret that is just like the the the pinnacle of someone I would make fun of you go D'Amato who it is if snowden woman an attractive young girl like if you do that if you've film yourself kissing somebody your addicted in that's not funny yet at the time but she knew you were filming her she they had built a rapport. We'll right before that video it's not like you're sneaky attack it was consensual times five yeah but it's still a lame move move by hurt so that was Marty's take on the run down the other day he was saying you know that Pepsi bottle video is the type of guy you would right you know ten thousand words about and guess Oh yeah yeah omitted hypocrite I don't care we'll talk on the exact type of person than I used to be yeah well that's I mean there's not what life's all about growth maturity now well you know you were once hi and now you know different now you've donald moral compass thing she's like a situation where were you when you eh like in the dorm room my parents house they were out of town you imagine if someone walked in under bar you had this woman at your pants the girl is like a bar or a concert something's going on and that was a bar and then the pepsi videos him like me and my house parents house so you how did you film that with my toe bullsh- my ipad was rusty as my bed post you can tell us who filmed that it's okay we're in the Treasury was it her thanks you also found that I would not lie about filling my own lines I feel you know like someone else had that because hold it down with your toe you'd have to like push your against yeah and I I believe that explain this anybody pull put like call bullshit on this because that that you are who can't reenact it now because I was at peak athleticism when I did that there's dairy there is no shot you're doing you had your Pepsi bottle set you were doing sit up while pushing it with your help no shot no shot will that is zero percents that is the one hundred percent shot and it was harder because I had to play a certain song at a certain time no chance and I didn't look someone someone was so many for Ya someone was filming your testicles where your feet strap down to something Okay Orthopedic Memory Foam Dog Pad it gave my anus uncomfortable fields Christ get out of here what do you think about vampires the don't get me started yeah we got a call here about vampires wanting you'd scare this out you don't have to stay for the whole thing but take vampire busy yeah yeah I don't hate the taste of blood is what I'll say Jesus Christ Patrick what are you got can I feel you were gonna be the it is part of the show Patrick and then just came in here and he said Anus Jesus Okay Patrick got on vampires going on guys so long story short is the tender date not any sort of rights swipes super like long story short if I could draw a girl this would be the one I'd marry I'm just going to be short and simple we went out last week went to a movie or something light let's see UH drinks movie nothing no kissing hugging I guess I was good enough for a second date so this weekend we went to the bar I got like four t does shots of rip I was feeling some type of way the minute I got up he was getting touchy long story short we make it back to my crib and she's I like the lights off and I'm like okay this girl this is good this is gonna be fucking crazy right now this is better be some fucking about a di about I'm about to get marked in my own crib right now so then the lights are all you know I'm I'm more like a casual sex guy you know like I'm not really into this kinky stuff like you know all the stuff you're just based out of nowhere bread and butter put it in butter that's it that's it just let it rock let me you know let me pop the Saints MHM I can't see anything and all I feel is is count Chocula jaws we're gonNA need a bigger boat chomp on my left pectoral all muscle and I'm just sitting there looking like the get out guy with my eyes tearing I'm looking at the ceiling and I'm like this is it mom dad I'm going out that's it how did you react to it would be like push her off this is what I'm also calling to to be honest I sort of liked it like in my six got a sick well listen I don't know king shame I also you know I a little bite is not like you're in vampire no no no I'm talking like but even like a child like I saw no no no no it was so tender Iva Castro my left pack the whole Tattoo which is surrounded by black and blue like to say I got punched by Woodley in the chest but did you just keep going you just have to move in it wasn't enough for you to stop in the Pink Panther team of him sitting on the bench with his hands crossed. Yeah that was to be at the end of everything was there any discussion afterwards yeah like you know what I didn't know you were going to do that but I actually sort of like how how old Patrick Twenty four this is not going to be your first last time Brown we're getting a lot of callers it's right it's right that's like that's the wheel house there Patrick I think you're going to counter this more than you think I I think you're good though I'm trying I'm trying to get more a new king can you guys thank God speed and enjoy it brother I think if you call someone a vampire I thought he was going to flip the lights on and she was going to like fucking Bob Bangs in she she was going to be like like she like draw blood licking you gotta be like what are you gonNa call someone there has to be blood and buffer shorten if she's dating now I personally don't like that but like but that's pretty pretty I asked for the course I mean the whole point is blood or like like the like like if you WANNA do like if it's role playing if you put on an outfit if you the Gothic Shit I sort of bites you pretty I think if your role playing a vampire I've never done that before but I would assume blood comes into at some point in time. Jd Martinez has vampire that's interesting yeah I know where you're going with that sucks blood he's a visa ban barring the bedroom yeah yeah I don't and you know some people just have that natural yeah he has like legit fangs it's weird yeah I don't think biting his weird thing I think nibble here and they're pretty chomped down on someone point I wouldn't also like I should ask him like he said he had a chest tattoo that she it was black and blue all rallying is it a small tattoo or did she just like make away all around shark mouth I got one whole bite in there and music somebody that bad it's shocking you draw blood at that point right I just feel like that's usually a one way street now man like anyone's GonNa end up being bruised it's not going to be ever Do you ever have to put make-up over a Hickey when you're on TV Casey Wyan rocket yeah I like that was in college like I'm begging tell the story about it so I gotTa Cassie I've been an adult every time I've been on TV so that's really your decision now for dude just like Kinda does it also hooked up with adults as an adult also someone's if they start to go that road you stop them Oh yeah for sure but it was funny it was too late how bad was the Hickey agree I during green and chip took off how bad was the jared best slugging it wasn't that bad like but I definitely like had to do something very early and Mike my my NBC days like High Call Twenty like what is the early two thousand sixteen so it's been recent you are three hundred twenty seven years old with a hickey it wasn't like a holy Shit Hickey but it was like a a love bite love bite let's say making whoopee next love by making whoopie naked in the car yeah it was is very early on in the in the NBC days and are you on with failure did he call you out now I don't think anybody notice coveted Hickey you can't come button up shirts so like the caller is there like if you looked in and you get what you gotTa Hickey like on your like in line like your Adams apple tip off rounded out the worst spot to be in there let me tell you the best spot again hanky nowhere there is no yeah there are they are are the stupidest yeah although now when you think about it does that I when you really think about it though all first base involved all his fucking and now it's not it's so weird what we talking about releasing is so weird Kevin Please grow grow up Kevin this is your leg grow up this is you're saying I am not saying don't enjoy it I'm not saying I don't do it I'm saying it is as humans it is the weirdest thing imagine imagine yeah I I think you're hot let me suck on your tongue Noah just let me let me press my let's let me press my list but you're you're you're playing with each other's tongues let me let me let me put our hey my dick is hard let me put it in a hole in your body it's all weird but at least there's a like first of all a lake biological benefits that and also you're GonNa come GonNa feel good there is nothing it's not like your lips come it's not like there's endorphins that are released when you make out that is your about the faulk no no no Kevin that science oh really you tell me Tell me Dr Casey I R- I read it in 'cause did you know they lying out grows till I die yeah making great like you spit in someone's mouth so crazy spit on my face oh yeah so do I I'm saying it's weird I will spend your mouth right now appeared and I think it's perfectly normal the first google searches does making out release endorphins and the thing is as kissing a stress reducer kissing passionately get your heart be rubbed in a healthy way if we decide kissing passionately kiss you release endorphins which counteracts stress and debris but if we just decided that like sucking on someone's fingers is like what you do before you before you start fooling around that would be all because you know you're about the fuck no you can't argue with science says thanks to the chemicals that are released in your brain when you enjoy kiss it does decrease stress levels relief you know can even in your immune system burns calories calories you're going to be a real fat fuck if you get work out from kissing wasn't it Jay l. on Jersey shore like when the original series was happening that was like yeah you burn two hundred calories like every like five minutes is sex that's why I have sex so much wasn't that Jay push your mouth against there's you burn three point six calories a minute average having sex make yeah I guy and the girl most of the position breaking it down you're just gonNA be fucking staring at the wall that's just inaccurate that is not you'll hop up on top a little bit for the most part guys are doing working sex true that's just not always I mean Casey is I'm trying to read right now all the positions guys doing the most work.

Pepsi Patrick Twenty Cabey Jd Martinez Marty D'Amato Bob Bangs Brown three hundred twenty seven yea two hundred calories one hundred percent twenty dollars five minutes six calories
"pepsi" Discussed on MarketFoolery

MarketFoolery

10:17 min | 11 months ago

"pepsi" Discussed on MarketFoolery

"It's Thursday October third. Welcome to market fully. I'm Matt Grier and I am joined in studio by Motley. Fool analyst Jason Moser Jason it is Jess Jess you and me how you feel it. Just the two of US something on all right about that. Just the two of US yeah well. We're GONNA talk some Uber. They're launching a new APP a new business business because well the current business. There's some problems heard not quite getting it done not quite getting it done. We'll talk about that and we're also GONNA talk about a company in terms of I'm not getting it done. I I'M GONNA say this company may have a marijuana problem who who curious but we begin with Pepsi Habsi shares of Pepsi up around three percent on stronger than expected earnings Jason. Among the highlights here Frito lay North America and this isn't just about Cheetos Doritos and of course fritos but they're having a lot of success with healthier options sure I mean I think anytime you have a business business that has done such a good job through the years of catering to a specific audience when that audience starts changing its tastes and in in it is as we've I've seen people were focusing a little bit more on eating a little bit better for them. you know you have the ability to go in and then test and try new things so. Frito lay and quaker. I have always been strings of his business. I think it's worth remembering always that diversity really is Pepsi's biggest strength. I mean it's not just a Soda Company in the efforts to branch out beyond just soda clearly are paying off the the organic revenue growth for the company of four point three percent last quarter they had set the expectation expectation of four percent growth overall for the year. They did something pretty clever in the release lead thought last last quarter. They said you know they. They expect to to meet that four percent number this core. They said they expect to meet or even exceeded in so they didn't really change much. I mean the guns is still the same they just verbalize the possibility that they could beat it so I mean a little bit of clever earnings language on management. I guess but but I mean it's it's you go back to Pepsi. FC as we said the diversification in the business are really working out. It's a dividend aristocrat. They they have a nice healthy yield that will continue to grow given that Aristocrat status fiscal strength that yield should continue get better. I mean I do think that this is a company income investors they should they should almost perpetually keep on on the radar. Now here's one thing that surprised me about the earnings though Pepsi owns fifty percent stake of Sabra and there was a double digit sales decline of Sabra homicide how missed an Guacamole dips what is going on there well. Better Sabra Than Saab Ray Right. Ha Ha wait. Is it Saber Saber Labor Sabra. Yeah you office fans. What we're talking about. Okay I got you oh. I'm sorry I his low slow their travel. I that is a little little weird. I'm not a homeless Mus guy. I'm more of a Guacamole guy yeah but I like making my own guacamole. Mac I mean Guacamole is one of those things that it's very personal. People do like to make their own guacamole. We have it fresh. I mean I. I don't think you need to concern yourself. Maybe so much with that. The one thing that I go to every corner with Pepsi is the in in the earnings call. Try to figure got what is going on with sodastream because if you remember they acquired sodastream shortly before ingenuity decided to step down we've not seen a lot own sodastream performance since then nothing concrete they talk about how it's it's doing better than the business case that they made for the acquisition globalized. Elite seems to be doing well domestically. They're still challenges and I mean all of those. Things were still very true and sodastream was just its own standalone business so there's not a lot of light being shed head on what they're doing. The sodastream to this point other than I do think it is a good mechanism for them to communicate their efforts to battle excessive excessive waste or I guess waste is excessive really by its nature but but battling you know plastics plastic bottles plastic waste whatnot I in so we will oh consider we will continue to see them. I think entering that sodastream message around the waist side maybe one day we get a better idea as to some of the economics of that business and how it's working getting out for Pepsi. I and I'm still a little bit skeptical of that acquisition. I think down the road we'll see them. Write a decent chunk of that often probably not center the calls around it so much which is because it just didn't seem like it was the strongest business from from the get go anyway but it is again. Just one piece of the greater business in that is a good thing okay. Let's bring it back to the stocks here. Pepsi shares have outperformed coke that surprised me over the past one five and ten years you expect that to still the case going forward. I mean until we see coca. Cola makes some real tangible progress beyond just the beverage mortgage. I don't see why Pepsi should underperform Coca Cola and I mean this is coming from. Let's be very clear. I'm a Coca Cola guy so given the choice. You're drinking a coke over Pepsi taking a coke over Pepsi Ten Times out of ten one hundred times out of one hundred but it is you know it goes back to the diversification of the business itself I mean Pepsi has has performed well because they can lean on a few more things as we see the headwinds in the soda market continue to build up I mean you know we always talk about when we when we look at these businesses that we analyze the fool from a competitive landscape who's the Pepsi to their coke and I was always kind of saying okay. WHO's the Pepsi. WHO's the second who's the closest competitor. I mean it's time we probably flip that on. Its head and start saying WHO's the coke. Pepsi Pepsi is clearly the winner here over the last five and ten years from a stock perspective. I think we should also ask who's the RC Cola 'cause I always felt like. RC Cola never got enough respect. You know you ever drink our soul. Yeah Dude when we went but I mean that takes me really far back. Mike my Childhood where where did I go wrong Farsi because I had a friend who insisted that are see was better than coke or Pepsi but I felt like they just didn't have good marketing or what what what happened with. RC Cola probably didn't mark it very well because I tell you they had a partnership locked up there. That really could've taken this thing all the way. I mean we're talking about you. Know are seeing a moon owned by right. I mean you remember moon buys. Everybody remember the name of your first band or remain part had a buddy of buddy in the Gulf business back in the day. His name name is our in one of the members of the club always called a moon pie because his name was ours. E Golf shops eight by what's up. I want to bring in our producer Austin Morgan Austin. How do you come down on. RC Cola verse Coke Versus Pepsi. I'm definitely coca one hundred percent the only the only Pepsi Guy I've ever known is my dad. He's Pepsi Guy is that right through and through inter okay. How about Dr Pepper Versus Mister Pip. I hate both of them mealy. Oh when Mister pip came out. I remember as a kid when Mister PIP came out. It was second only to the moon landing for me you know and it was a close second. It was so really really big deal and now I look back on that and I don't know I mean I. I do like Mister Pip and I think I like it more than Dr Pepper but I think I was just like seduced it. Also I'm not sure I think the name is so strong. It's a very strong name. I like it more than Dr Pepper me. When I think back to my childhood it was always about Mister Mr Pippen Mellow Yellow Right Mello Yello yeah. You'RE GONNA mellow yellow over mountain dew yeah yeah every time off a mountain dew over millio okay getting now. I mean for me. The Mr Pippen Dr Pepper thing is almost irrelevant because root beer takes precedence over all of them. Oh agreed a cold root beer and like a frosty glass. I mean you know Oh come on. Oh Yeah are see the Moon Pie and the title track was great. Okay Rough Day for Constellation brands. constellation brands a rough day their brands include corona and Mondello beers shares down six percent on earnings. Jason in this is in an alcohol problem. This appears to be a marijuana problem constellations investment and canopy growth which is a Canadian marijuana company that investment. I spent not going too. Well not going well. As of now you're right. It's this really is a tale of two companies and and I mean when we look at Constellation itself. Constellation is is doing very well. Beer is moving. They're pushing into this premium premium ization strategy in regard to wine and spirits cannabis not doing so well right now and we'll get to that bullets focus on the good news. I the core business beer sales rose seven percent from a year ago to one point six four billion wine in spirit sales they they're witnessing a little bit a little bit of a turn their towards the worse though sales were down but again we also have to remember they're in the midst. It's a little bit of a strategy changed their in regard their one spirits of portfolio by going back to beer depletion grew six point two percent with Maddelo leading the way and I think again when we we talk about constellations good to remember they have this portfolio of different beer offerings from Corona Modelo to even balanced point I it did it was no or the I thought for the full year they affirmed expectations for beer for beer sales to rise seven to nine percent in two thousand and twenty but it is pulling back on that wine and spirits guidance for now and then that could be a little bit of of a of a headwind on shares but as you mentioned really most of this trouble today stems from this this investment and canopy from this investment we could throw all sorts of funds out there but I do think I mean to me. This is like if you or I go out and buy a stock and then a quarter or two later that stock is down twenty or thirty or maybe even forty percent it. It doesn't necessarily mean it's a bad idea and then it's not gonNA work out. Okay it does mean that you've run into shorter headwinds and perhaps there was something you didn't see but it doesn't necessarily mean that the long-term investment case is bus depot marijuana in general the cannabis investing market right now is in..

Pepsi Pepsi Habsi sodastream Mister Pip Coca Cola marijuana Jason Moser US RC Cola Dr Pepper North America Frito Matt Grier Sabra Soda Company constellation brands analyst Motley Jess Jess Mister Mr Pippen
"pepsi" Discussed on Freakonomics

Freakonomics

04:25 min | 1 year ago

"pepsi" Discussed on Freakonomics

"<music> a couple of months ago marijuana pepsi van dyke received her doctorate in higher education leadership from cardinal stritch university in milwaukee wisconsin. This generated quite a bit of media attention marijuana pepsi. Van dyke has become dr marijuana into her p._h._d. From cardinal stritch you narrow on a pepsi van dyke. Yes that's a real name. Well i have been in the news quite a while. From the time i graduated from high school and the world has kind of fought me through in high school graduation my masters and now you know you can't get a p._h._d. Following up on the other stories and so there we are she got her ph. H the at age forty six it took about eight years total starts and stops in job changes and so life yeah they what was her graduation day like it was surreal. I was just blessed to be there. I was very humbled. I you know i felt like i felt like jumping for joy. I remember driving down the highway grabbing the steering wheel screaming out loud a few times cardinal stritch graduates are given the option to reserve classrooms where a large number of guests can watch the commencement broadcast but she kept her party fairly small all right my husband and my son is here my sister my mother and a few nieces and nephews and a a couple of cousins at didn't want the public to come. Why was that i'm an introvert. I'm late back. I nervous at times and so what i wanted to just make sure that i did what i needed to do. For the day and at the same time i wanna make sure that i'm not minimizing the experiences of the students who participated in my study and this is a serious research study despite some of the jokes and means that come up about a doctor pepsi choose born born in chicago in nineteen seventy-two. My mom has always been an entrepreneur. She has always made clothes on clothing shops gardening means. She's been featured in the few newspaper articles for her gardening skills. My father was a university bus driver so he drove the bus for the campuses in chicago. Was it your mom who named you or your dad or combination. I believe that was my mother. My father's a jehovah's witness and he says that it was all her and i tend to believe phil okay. So why did you choose the name. She shared with me that she believes that my name would take me around the world and that was always the answer. I got when i asked her pay. She wasn't wrong. No she was not wrong. Tom marijuana pepsi was the middle of three sisters. Others were named kimberly and robyn and i asked her so why couldn't can robin gaurav world you know what was it that when you look down at me the first time and you help me that made you go up. This is the one marijuana autopsy and so of course they are no answers to that and she'll go to her grave without answering it further than she already has. I don't even ask you or i mean. Did you at some point. Ask your mother. Were you smoking marijuana. Were you drinking a lot of pepsi. Did you ever ask her that. No i have not ever asked my mom that ed. I'll just say i know my mom all of my life and some questions i ask her at all and leave it there meaning. You're sure she did or she. She didn't smoke for a meeting that i know my mom. I know her personality and she is a lover of life and ed. I just believe nothing's off the table. What about you and marijuana and or pepsi or you're an avid or even occasional partake of either no no i have never drained and i never smoked. I've never smoked cigarettes and never taken a toll at literally done on nothing when she was very young. Marijuana pepsi lived with her dad in chicago. I attended almost was predominantly african american school. Everyone knew my name teaches..

pepsi marijuana cardinal stritch phil cardinal stritch university chicago Van dyke wisconsin milwaukee african american school robyn robin gaurav Tom kimberly eight years
"pepsi" Discussed on Classic Races

Classic Races

04:15 min | 1 year ago

"pepsi" Discussed on Classic Races

"To the pump <Advertisement> or <Speech_Music_Male> experiencing <Advertisement> they're <Speech_Music_Male> <Advertisement> being up <Speech_Music_Male> the track <Advertisement> on race day <Speech_Music_Male> <Advertisement> for <Speech_Music_Male> <Speech_Music_Male> <Speech_Music_Male> service <Speech_Music_Male> <SpeakerChange> <Advertisement> <Speech_Music_Female> <Advertisement> view <Speech_Music_Female> is <Advertisement> <Speech_Music_Male> going <SpeakerChange> <Advertisement> <Speech_Music_Male> <Advertisement> to be the <Speech_Music_Male> cg <Advertisement> going <Speech_Music_Male> capture <Advertisement> the essence <Speech_Music_Male> of racing <Advertisement> and <Speech_Music_Male> fill a movie <Advertisement> official <Speech_Music_Male> fuel of nascar <Advertisement> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> just <SpeakerChange> fourteen laps <Speech_Male> in the one hundred sixty <Speech_Male> the makeup the total <Speech_Male> distance they were the pepsi <Speech_Male> four hundred there's been some <Speech_Male> movers and shakers <Speech_Male> early in the race we <Speech_Male> talked about the fact <Speech_Male> of a couple of guys <Speech_Male> coming and going mike <Speech_Male> waltrip started back <Speech_Male> laps <Speech_Male> in the one hundred sixty <Speech_Male> the makeup the total <Speech_Male> distance they were the pepsi <Speech_Male> four hundred there's been some <Speech_Male> movers and shakers <Speech_Male> early in the race we <Speech_Male> talked about the fact <Speech_Male> of a couple of guys <Speech_Male> coming and going mike <Speech_Male> waltrip started back <Speech_Male> in the pack has moved <Speech_Male> up near the <Speech_Male> front of the field nearly that <Speech_Male> a couple of laps dale <Speech_Male> jarrett start at nineteenth <Speech_Male> he's now thirty seconds <Speech_Male> an <Speech_Male> mike wallace having a good <Speech_Male> showing barney he started <Speech_Male> back in <Speech_Male> thirty seventh position <Speech_Male> he's worked his way <Speech_Male> up into the top <SpeakerChange> ten <Speech_Male> much had a good run here <Speech_Male> in <Speech_Male> in february for the daytona <Speech_Male> five hundred tell <Speech_Male> you jeff <Speech_Male> burton tilda swinton a <Speech_Male> little bit earlier when we were talking <Speech_Male> to him trackside <Speech_Male> we'd see guys go back <Speech_Male> and forth kevin harvick <Speech_Male> grabble eat a moment ago <Speech_Male> and now he slid all the <Speech_Music_Male> way back the eighth position <Speech_Music_Male> maybe a little further back <Speech_Music_Male> that as <Speech_Music_Male> warburton gets underneath <Speech_Music_Male> him here at the start finish <Speech_Music_Male> line six <Speech_Music_Male> cars run <Speech_Male> those <Speech_Male> details single <Speech_Male> file from their <Speech_Male> back they're running door the <Speech_Male> door heading off turn <Speech_Male> one ward burton kevin <Speech_Male> harvick ricky running <Speech_Male> mike wallace and <Speech_Male> dale earnhardt jr <Speech_Male> beginning the move up a bit <Speech_Male> over in turn to all <Speech_Male> of this going <SpeakerChange> on from <Speech_Male> seventh position on <Speech_Male> back battles were nice <Speech_Music_Male> in fact a three <Speech_Music_Male> wide dale <Speech_Music_Male> earnhardt jr is <Speech_Music_Male> <Speech_Music_Male> ricky <SpeakerChange> rudd down <Speech_Music_Male> on the bottom of the racetrack <Speech_Male> try to make himself <Speech_Male> some room all <Speech_Male> three of them running just <Speech_Male> about the same <Speech_Music_Male> speed shorts right <Speech_Music_Male> on the inside <Speech_Music_Male> harvick elemental <Speech_Music_Male> dale earnhardt jr <Speech_Music_Male> only three <Speech_Male> man <SpeakerChange> all his <Speech_Male> rear bumper is <Speech_Male> jeff gordon <Speech_Male> gordon try to make a move <Speech_Male> together deposition <Speech_Male> but that's why battle <Speech_Male> right in front of it <Speech_Music_Male> is ricky rudd <Speech_Music_Male> kevin harvick <Speech_Music_Male> <Speech_Male> <SpeakerChange> <Speech_Male> falling back in line <Speech_Male> single file the coming <Speech_Male> of the trial at least among <Speech_Male> the front six or seven <Speech_Male> cars three <Speech_Male> wide further back <Speech_Male> ricky rudd goes <Speech_Male> inside lane <Speech_Male> kevin harvick is <Speech_Male> the meeting the sandwich <Speech_Male> only outside another <Speech_Male> car they continue <Speech_Male> three wide ended a turn <Speech_Male> one this from ninth <Speech_Male> position on back <Speech_Male> dale earnhardt jr <Speech_Male> deport outside <Speech_Male> runs down low <Speech_Male> kevin harvick <Speech_Male> white back in between <Speech_Male> the unbelievable <Speech_Male> maneuver there <Speech_Male> he had no help

pepsi waltrip official thirty seconds
"pepsi" Discussed on Classic Races

Classic Races

05:11 min | 1 year ago

"pepsi" Discussed on Classic Races

"Long backstretch <Speech_Male> set themselves up <Speech_Male> in turn three intern <Speech_Male> for you <Speech_Male> could be in the league in <Speech_Male> three lose it in for <Speech_Male> in get it back again <Speech_Male> coming before <Speech_Male> it's been exciting <Speech_Male> of the raceway the west <Speech_Male> end of the speedway <Speech_Male> is where <Speech_Male> i'm at high atop turn <Speech_Male> number four with all these <Speech_Male> actions and i <Speech_Male> feel works <Speech_Male> or way down the back straight away <Speech_Male> now the noble five <Speech_Male> drivers who are <Speech_Music_Male> eligible to win that <Speech_Music_Male> bonus of a million <Speech_Music_Male> dollar should they win <Speech_Music_Male> here tonight the pepsi <Speech_Music_Male> four hundred <Speech_Music_Male> pace car leading <Speech_Music_Male> them at the front of the <Speech_Music_Male> pack as they will <Speech_Music_Male> take their place in <Speech_Music_Male> the lineup here in who are <Speech_Music_Male> eligible to win that <Speech_Music_Male> bonus of a million <Speech_Music_Male> dollar should they win <Speech_Music_Male> here tonight the pepsi <Speech_Music_Male> four hundred <Speech_Music_Male> pace car leading <Speech_Music_Male> them at the front of the <Speech_Music_Male> pack as they will <Speech_Music_Male> take their place in <Speech_Music_Male> the lineup here in just <Speech_Male> a moment <Speech_Male> seven drivers who <Speech_Male> are former winter's <Speech_Male> here at daytona either <Speech_Male> of the pepsi four hundred <Speech_Male> or the daytona five <Speech_Male> hundred around the field tonight <Speech_Male> jeff gordon bill <Speech_Male> elliott dale jarrett <Speech_Male> sterling marlin john <Speech_Male> andretti <Speech_Male> jimmy spencer and <Speech_Male> jeff burton those drivers <Speech_Male> who have been to victory <Speech_Male> lane here before <Speech_Male> we might <Speech_Male> see a first timer <Speech_Male> possibly <SpeakerChange> so <Speech_Male> talking all the drivers <Speech_Male> down in the garage and <Speech_Male> they just keep reiterating <Speech_Male> the fact that when you come <Speech_Male> into his superspeedway <Speech_Male> race like it all <Speech_Male> comes down to <Speech_Male> if you were in position <Speech_Male> at the end of the race <Speech_Male> you save you a car <Speech_Male> you hang on you stay <Speech_Male> up front and <Speech_Male> hope the draft works <Speech_Male> out in your favor <Speech_Male> they'll jared saying today <Speech_Male> upfront is no <Speech_Male> place to be you oughta <Speech_Male> be leading here the final <Speech_Male> couple of laps of the race <Speech_Male> at the worst place <Speech_Male> in the world to me because <Speech_Male> you know somebody's gonna break <Speech_Male> adeline a draft <Speech_Male> is gonna come forward <Speech_Male> he might come

intern pepsi daytona jimmy spencer jeff burton jeff gordon jared
"pepsi" Discussed on Rocket

Rocket

03:51 min | 1 year ago

"pepsi" Discussed on Rocket

"Earlier girl has been through this before like this is not her first rodeo with like a bad sponsorship air, but at the same time, I'm also like, you know, the Kardashians are the ones who promote the the laxative tea with no shames with like, no shame at all. You know what I mean? Like, so part of me was like, this is really downmarket brand for her to be representing the part of me is like now Kim does the boot t like, you know, they all do it. Like, the Kylie seems to be the only one who's like. I bet Kylie would be like, no they'd be like highly do like I'd be above this. Which is really funny. If you think about it because I mean, there are obviously different tiers of modeling like couture runway versus like Cadillac and such. But like as you said KENDALL is so highly paid, and despite what you said about her runway walking skills like she's at like this elite level. I mean, if she shows she could just represent like the most sort of like, she doesn't have to do the money grab. No. She hasn't Estee Lauder contract. Like, she like the most elite beauty ran in the world. She has a lot of contract, right? Like like, really? I mean, which to me than just like this just may be nosy. I wanna know how much proactive is pain like. You know what? I mean. It's the hypocrisy of completely guts me because like look a knock her Kardashian basher. I think the family in general is helped some really sexist double standard, right? That like when women are out there, and they're making money like it's somehow evil, or you know, or shallow, not a not a fundamental Kardashian basher, but think it's so telling that like if a family where Chloe like has taken her face as a loose suggestion. And said so much plastic surgery. She doesn't look anything like she looked like a decade ago. And like, they are the number one perpetuators of like, unrealistic, Beatty standards. And then like KENDALL is like, oh, it is just made me feel so horrible because I had acted. I'm like can't that's kind of your family's thing. Like this whole this up to strain. Right. I was gonna say. I mean, like, I've always kind of a little bad for for KENDALL and Kylie 'cause like they're the only two who didn't ask to be part of any of this you ever like eight nine when the show started the genuinely have no say in any of the things that are, you know, what I mean like the reality shows stuff like they were not they were not able to be part of it. But also like at a certain point, you've got to be like, okay. But you've chosen to continue to perpetuate this. I don't know Courtney's my favorite Kardashian because I love her. She she she she she's the smartest, but also she's just like whatever I'm just gonna like be the chill Kelly mom, and do whatever I also very much like Kyle, even though I worry about Kylie. I kindly lunch. But girl right now. Well, but also like boss like just say like she's making she's making it rain. But KENDALL bores me. And so I have to say even this controversy is boring like way to live up to to Europe. You tation KENDALL. Like, you know. But also, I'm with you re the controversy is just I don't know between this and the Pepsi thing. I just I want somebody to like the Pepsi Gips just any excuse I can use to like us a Pepsi. Jeff is is a good one for me shoes. She's trainwreck Kardashian. Sponsorships? It's like she's just like it's like, what are you doing 'cause sisterly bad choices? So all right. We like out there doing sponsorship for Gavin McInnes guys do too bad choice. She she she's gonna she's going to represent movie pass..

KENDALL Kardashian Kylie Kardashians Gavin McInnes Pepsi Gips Kim Cadillac Chloe Europe Pepsi Beatty Estee Lauder Courtney Jeff Kyle Kelly
"pepsi" Discussed on Rocket

Rocket

02:46 min | 1 year ago

"pepsi" Discussed on Rocket

"App geo locate your phone if you give somebody a phone number, right? Like, this is this is way worse than than than a third party ad tech company being able to look at trends and whatnot. And this isn't getting that sort of pickup. And that I think is a problem too. I don't know again. Like, I said, I don't know if it's because we're also fatigued by political news, that's sucking oxygen out of everything. Or if we become so fatigued by privacy scandals that we just come to expect the fact that third party companies with access to telecom data our selling tools that will do geo location stuff to people who aren't even numbers of law enforcement who don't have a warrant and can literally find out where you are. Which is terrible implications for everyone. I couldn't say that on. Yup. Perfectly said. All right. So we'll have links to this story in in the show notes. But. All right. This is all been a Downer. So I feel like I feel like we need some really really really good. Yes. Please. Taking KENDALL Jenner. Yes. I have a Pepsi Christine. Oh my God. This is where if we wouldn't be worried about the licensing and stuff we would play a an audio clip of data wonderful KENDALL Penske ad right now where she joins the protests for happy things. And then gives the cop a Pepsi and everybody shares of a new generation and to be fascinating, not a sponsor. This today's episode now, they are not no they're not. And neither is proactive or KENDALL Jenner but KENDALL Jenner her mom, the apps, I have to give Christian or credit. She really doesn't know how to market everything ninety builds up. This big thing of saying, you know, KENDALL Jenner is gonna come forward and share something really really a difficult about herself and something that's been really private. She's been struggling with and it's going to change things, and you're all going to look at things differently, and she's so brave and so courageous and I'm just really proud of KENDALL for doing this. And of course, videos, like, even though you know, at the end that it's going to be like a scam. Like, you're like, what does this really, you know, it's a setup I was still shocked. By what this was a setup for which is basically the revelation that KENDALL Jenner who according to Forbes is the highest paid supermodel keep in mind, she does not actually walk on the runway, a she's not a good Walker, and she's just she's not and also she's very pretty girl. But like, I don't think she has like runway model like for that type of thing. Like, look what she doesn't walk on the runway. She's she comes to set stagefright, but she gets paid so much money for her other editorial campaigns highest paid model in the world makes more than twice what the number two person makes right? Is. Who's literally making tens of.

KENDALL Jenner KENDALL Penske KENDALL Pepsi Walker Forbes
"pepsi" Discussed on Business Wars

Business Wars

05:02 min | 2 years ago

"pepsi" Discussed on Business Wars

"Happens. From wondering, I'm David Brown, and this is business wars. You are listening to episode for and our Pepsi versus Coca-Cola series. The imitators revenge. In our last episode, Coca Cola followed American GI's is into World War Two and won the loyalty of millions of veterans Pepsi was frozen out of the wartime action and things were rough on the home. Front to sugar was rationed during the war, forcing Pepsi to raise prices, and that was a clean kill of it's hugely successful twice as much for a nickel campaign. Now, Pepsi is searching for a foothold, maybe a new identity. One that looks toward the future. It's nineteen sixty on Madison Avenue, New York City. Inside the offices of advertising agency. BBDO the Pepsi ad team is talking strategy. The agency just one the account to turn things around for Pepsi. The sales director lays out the challenge. Go the goal out sounds Pepsi six, two one. Many people grew up with coq back when Pepsi wasn't an option or started drinking Coca Cola because it went the extra mile for our troops. We're fighting against your drink. It's embedded in daily life because of its past successes, Pepsi mold up. Hold up everyone. The room turns to look up at Alan potash. He's Pepsi's swamp, but irrepressible advertising chief. You said Coca-Cola's past successes. That's it. We're focusing on the wrong people. We've been talking about people born before the war, but what about those born? After it, they're the biggest generation ever seventy million teenagers and young. Young adults. What about them? One of the agencies copywriters leaps in your right? Those teenagers aren't like their parents. You only have to look at Elvis Presley to know that they grew up in boom times, not the days of World War, the dust bowl, their Optimus, dick too young to be loyal to Coca-Cola potash, grins exactly. We should present Pepsi as the Chola for the young Pepsi is new. Coca Cola's for has been the team runs with the idea. They create TV ads based around a new slogan. Now it's Pepsi for those who think young. Young as you think you'd get the right though modern like now it's the. The. But the ads don't connect Pepsi sales flat-line. So in early nineteen sixty three team regroups in Madison Avenue for a second, try and potash thinks he knows the solution. We need to focus on the consumer, not the product. We should show people what they aspire to be and guess what those people are drinking Pepsi. So Pepsi is a lifestyle, not a cola, not focusing on the product. This is advertising heresy in nineteen sixty three, but Pepsi is an daring mood. It's willing to gamble if that could deliver a breakthrough in the cola war viewers get closer when this pops up on their TV sets. January ten. They watch blonde woman her hair within the wind on the back of a motorcycle driven by a handsome man. The music is snapping. The commercial is exciting by comparison. Coke's ads seem downright old school more Pepsi generation adds follow. Seems happy. Teenagers playing football on the beach. Young couples hurtling around Disneyland on a roller coaster, attractive young people and swimsuits leaping into lakes with each one, Pepsi's sales rise and rise. And so does the Mark Pepsi's leaving on popular culture though the phrase baby-boomer hasn't been invented yet the soda maker hands, the media of perfect description, the Pepsi generation Coca-Cola, which used to dismissively call Pepsi. The imitator is startled by Pepsi sudden breakthrough, and it's getting harder to ignore Pepsi coke thinks it gets what Pepsi's trying to do in puts on. Good game face with its ads. Go bad.

Pepsi Mark Pepsi Coca Cola Coca-Cola Alan potash New York City David Brown sales director BBDO Elvis Presley football Coke dick
"pepsi" Discussed on WSJ What's News

WSJ What's News

03:16 min | 2 years ago

"pepsi" Discussed on WSJ What's News

"And other soda companies have been looking to diversify their offerings beyond soda as consumers, turn to healthier foods and beverages. Joining us now via Skype from London with more details is Wall Street Journal reporter, Sabra Chowdhury. So Sabra what's behind Pepsi and sodastream teaming up. I know part of this is an effort to chase consumer tastes with sir trending toward healthier food and beverages. What are some of the other reasons? The two are teaming up. Yes. So I think the most important one is the one that you just highlighted, which is consumer tastes have really shifted. Sodastream started out life really being about a make your soda at home kind of company. And over the last few years, they've rebranded themselves to be more of a sparkling water company. So carbonates your tap water company, and that shift has really come as we've seen bottled with a sales, particularly in. The US rise very strongly. And within that we've seen sparkling water grow even more strongly, although office Malo based. So maybe the biggest thing for Pepsi is sales of mainstream sugary sodas, have been declining steadily losing share in particular to bottle water. So Pepsi has been trying to diversify into healthier offerings, but then within its beverages portfolio, it's also been trying to a kiss mainstream Kalis, you know, healthier and suddenly, and then diversify into offerings that it seizes healthier. And there's a second facet to all of this, which is the sustainability element. And I think Pepsi is being quite farsighted in looking at sodastream is maybe a way to hedge itself against what I see is really being amounting backlash against singles of plastic models when releasing it in western Europe, particularly in the UK which is where sodastream fo- started out there are many businesses that have banned single so of bottles. I'm pretty sure that this is something that will happen across the pond if it's not happening on ready. And so another thing that Pepsi said is, this is one of a move for it to be able to diversify away from the bottle, so healthier and more sustainable to two big things for Pepsi. And what can you tell us about sodastream amid it's rebranding? How has business been for that company lately? So they revolted second quarter results earlier this month. And they actually said they described the quarter as being the best one ever end early had very strong profit growth, strong revenue growth, and it feels like from from the description, you know that there's been increased household penetration. So mo- households that actually own these machines, more people buying them. So it does seem like the uplift is coming as consumers becoming health conscious cutting back on these singles of mastic marshalls, drinking more water in general. And then in particular, drinking was Falkland, Buddha. So it's a nice kind of who Aleutian, I suppose, headwinds. That of all come together at the help the company. In February, you talked about Pepsi having it's all on the long-term, how're Pepsi and its competitors Coca-Cola doing and trying to keep up with shifting consumer tastes. Are they keeping up there trying to keep up. It's a tricky game because when you are your company was essential. Business is making sugary soft drinks. That for decades have done very well. And I think in many emerging markets continue to very well, but in developed markets, you do see, consumer tastes shifting..

Pepsi sodastream Sabra Chowdhury Wall Street Journal Skype reporter US London Malo mo Europe Buddha UK Coca-Cola
"pepsi" Discussed on MarketFoolery

MarketFoolery

03:12 min | 2 years ago

"pepsi" Discussed on MarketFoolery

"Sam of three point. Two billion dollars Pepsi is paying a hundred forty, four dollars a share. It has been a really good year for sodastream shareholders because it started the year at just under seventy share. Yeah, it's a lot of seltzer. I mean, it's. Sodastream has had a very interesting let let's just look at the last five years. I mean, in the last five years, this has been on the middle of a roller coaster. And recently certainly made a comeback here. I think generally speaking, you have to like the trend this plays into four Pepsi because of the headwinds soda faces. And also I think just this fighting, it's waste excess plastic bottles one, not this is really what sodastream is is battling and you know, it gives you that device in your own that you can make your seltzer in. They did really focus on being able to make your own soda for a time. But since soda has more or less become a pariah now they're focusing on just saying, hey, you can still make Celtics and flavored waters and whatnot. And I think given Indra news, global take on things. I think she likes this this kind of of message. I mean fighting. Obesity and soda consumption and fighting ways with plastic bottles. I, I do kinda feel like, I don't know, man, I, they are buying sodastream at the very top, so that's yeah, I can't help, but feel like maybe a few years from now we're going to see big goodwill writedown on really on Pepsi's part of me, and I feel like they're probably going to going to have to write down some of this. I mean, this is not a cheap deal by naming. They really are getting sodastream at the peak of a recovery and any any challenges they may have faced in the coming years. I think the stock has gone a little bit of ahead of itself. When you consider that. It really is a European place, raise the play on western Europe, not as much on the US. So it will be interesting to see if there's a right time because I had a similar thought which is alike the move and renew you going out with a heck of a mic drop it right. Wrapping up her twelve years as CEO. So I like to deal the thing that I questioned was not so much. Well, they're buying this at soda streams top to me. It was. I mean, yes, that is the truth. But I also looked at it as boy. It's not like they just started working with sodastream. Right? That's that's why. I think if you're a Pepsi shareholder even if you like this deal, you do have to ask the question. What could have been because they've been working with sodastream for years. And certainly if they had looked to pull the trigger on this deal, even a year ago, you gotta figure they're paying at least a billion dollars less so. So that's the only thing I, I don't know. I guess we'll we can have a. We can bet a Cup of coffee on on whether or not there's a right time because I think I, I like the move, but considering how long Pepsi has worked with sodastream. That's the thing where you just go boy, if they had bought this, they could have gotten this thing for a billion dollars maybe two years ago..

Sodastream Pepsi seltzer Celtics Sam Obesity Europe CEO US billion dollars five years Two billion dollars four dollars twelve years two years
"pepsi" Discussed on The Nightly Rant

The Nightly Rant

02:16 min | 2 years ago

"pepsi" Discussed on The Nightly Rant

"You're hearing about your hearing and seeing nudity. So you accept it. And that's the point society sets up these quote norms, and then they force everybody to conform to those norms through the indoctrination, whether or not the business should be allowed to have an indoctrination process isn't the point. The point is businesses do that because they said themselves, we want to control the narrative that comes from this company. We want to control our image. We want to control what our marketing says. We want to control what ourselves people say and. They're not allowed to say this and are not allowed to say that and they must say, this, come look at Pepsi. Perfect example. You wanna sell Pepsi at your restaurant. As soon as someone says, I'd like a coke. They're required by contract to say Pepsi. Okay. Okay. Why do you think they do that? I don't know because they want the consumer to know that they're buying Pepsi, not coke. They wanna correct the, oh, you're not getting a coke. You're getting a Pepsi because they want people to think Pepsi is better than coke. And that's why we chose Pepsi. And they have a right to make people who as a as a condition of being able to sell Pepsi ever right, to ask exclusively. That's why most places don't have Pepsi end coke that one or the other. Okay. Just like a business. Right to dictate how their employees dress, what they say, etcetera. But the point is that it's interesting to me that a company wants to protect its image. So the indoctrinate, the employees, they tell them how to dress, tell them how to talk. They tell them what they can say. They tell them what time they have to come to work on what time they get after leave work. They tell them what they have to do. If they wanna day off, they tell them how far in advance they have to ask for the day off. It's all indoctrination. Same thing with the government, you know, for a long long time. Thought that two men could get married. Was the most disgusting idea on the plant..

Pepsi
"pepsi" Discussed on Quest Means Business

Quest Means Business

08:51 min | 2 years ago

"pepsi" Discussed on Quest Means Business

"Quickly. The PTA championship heads to bell read country club in Saint Louis led by a voted field of major champions. What. Once the one hundred PGA championship August ninth to the twelve on TNT. Dr. Gets up choosing ringing the closing bell because of the forty. Fifth anniversary since founding. I'm. It up. So. Real. I think you have a job. Limited Kabul trading is now a union. I skulled a new week. Got it is Monday. It is oldest. Under the seat. Female is gone. Season dead or not stepping down, leaving behind full of women at the helm of fortune five hundred companies. Saudi Arabia has snapped and leaving Canada into cold Saudis, freezing trade and investment a now, even Saudi flights being canceled on your sanctions on Iran return in just hours president. Rob Honey says, Washington will regretted. I'm Richard quest. The law. In the wild financial capital of New York City, hot humid and steamy as it is today. Of course, I mean, business. It is the end of an era for Pepsi good evening in debt annuity is stepping down as chief executive of two twelve years, and she's leaving an exclusive and shrinking club of female fortune five hundred liters. We'll talk about that aspect of it, an amendment, the future of female CEO's who was we continue that we must look at Indiana notice legacy out the twelve years of being leading one of the world's top drink companies. Now, this is the company she inherited sugary drinks and salty snacks. Golo I'm joining period. Well, we have to say, yes, this is the opinion Mus Pepsi bulk about it's had sales up some twenty eighty percent during tenor the Hsieh's that even the cells up the Hsieh's have. Being liking recently. Growth through acquisition. Quaker Oats became part of the Pepsi. Family has indeed did Gatorade, but the trend that Nuri will best be remembered for was baby. Moving away from this and catering to healthy tastes pet. She wants sales growth of healthy products products like these in the Pepsi all snow to out pastry chefs snacks. Yes, naked, a blend of four juices without ingredients and other natural flowers felt flavors. It's still three hundred twenty calories, but you've which Tropicana and things like that. So takes about replaced by Pepsi's global operations chief and as not goes, these just twenty four women left leading fortune five hundred companies not toe puppy, Holly, making women's voices heard is a challenge. I have the privilege of being a CEO, right? But if they're not too many of women see years around the world, so we're going to bring other senior executive, but we have to figure out this to make some Phoenix. That's next challenge to challenge. And you have said that women in business are forced to be recognized. Absolutely. Piddle Chile report asked me a question. John them, forget he said, what if most of the important positions in the world run by women? How different with the world? And I thought about this said, wow, what a wonderful world, that'd be less wars. They'd be less arguments that be ethics, ethics all over the place. There'd be a kind gentle, man. I can't wait for this. Long Sutton in the corporate well, because no is just the latest female chief executive to quit. These all the others. You've got nutty gone to niece modus from Campbell's soup left Meg Whitman left HP having split the company, but she still splits off to what's shoddy McCoy left Avon and last year, Irene Rosenfeld moaned Elise, let an of course Marissa's mayor left yahu after it was sold to Verizon and in the course of what these women leaving every resignation matters because with these departures now that's five percent of fortune five hundred companies have female CEOs that's talk about this with high lean. Lang is the interim CEO catalytic group that promotes work pace over -tunities for when she joins. Can you hear me. Yes, I can't. Hello, right. So I suppose we have to look under underneath the headlines as to why. The more female CEOs moving into positions where they can take over. Right? The pipeline is a little leaky. At this point. And I think that what we look at is that women have become more and more educated there at parody with men. If not a had women are in the labor force, they are up through middle management there at parody, but we still have what you might call a glass ceiling that and for women of color, it's concrete-sealed. Also some rear individual makes it to the road. But for the last, the thing I don't understand is for the lost fifteen ten to fifteen years. We've known about this problem. Policies have been put in place in many major companies to somehow at least attempt to deal with it on yet twenty four percent fewer female CEOs. So those policies failed. I would say the policies haven't gone far enough. I think their starters, and there's recognition that just assuming that we can break down all the barriers that we've been have been around in our society in our corporations for decades will bet. They'll just go away with a few policies and it's workplace culture that makes the biggest difference and weather in the culture. There are assumptions that women can do as much as men. Right. As a as a man news has had to cover this annoys treads on thin ice when one does. What is the culture? The Tostoi eight. I mean, you say that women you say that the has the culture that women can do just as well as men. It's just capable on, can progress phone FOSS, but companies including my own, have policies about this, but be what you're saying is then not being effective. So that begs the question, what next. So the reason they're not being affective is that they're not being applied in ways that would make a difference. And let me give you an example. There is documentation that men are promoted much more quickly than women are that women have to prove themselves over and over again before they are taken seriously as men, we call it. Men are promoted on potential. Women are promoted unproven performance. Women need more sponsors than they get goggles who men and women who behind closed doors will say, she can do this job. I put my credibility on the line to support her. We don't have enough of that understood. We'll talk more about its subject in Douala to of Christmas business, very much indeed for Pepsi shows. Sure. If you're the CEO who just announced you mention it might wanted to drop a set, maybe just out of ego Pepsi Hsieh's ended the day up. One percent, which means we need to put the perspective of the markets in the trading post.

Pepsi Pepsi Hsieh CEO chief executive bell Saudi Arabia TNT Richard quest Dr. New York City Saint Louis Indiana Chile Kabul Douala interim CEO Quaker Oats senior executive Tropicana
"pepsi" Discussed on My Black Friend

My Black Friend

03:48 min | 2 years ago

"pepsi" Discussed on My Black Friend

"So instead they just choose to keep it a secret and I was reading about it and people were like, well, why doesn't Pepsi? Just like because they can't because they can't. You can't copy. But people were like, why doesn't Pepsi just duplicated. Surely Pepsi could figure it out like they've the reason why don't they just duplicate it and then Pepsi sell it because coq couldn't. You couldn't stop them, you know, because you don't. And the only thing is, but Pepsi couldn't go in patent it because there's like intellectual properties and clearly demonstrates that they've been doing it for longer and and profiting off of it. So nobody else could patent it if if they figured it out or whatever, but and then so it was like, why doesn't Pepsi just start making it themselves because if nobody could stop them and it's because. By making Pepsi. You've split the market. They intentionally make it different because you, you slit the market. You figure close to fifty fifty in that sense of you drink one or the other when it comes to like cola. If you just made Coca Cola now you're splitting cokes market and not, and you no longer have the Pepsi market have peps yet. So the people that don't really like the taste of coke, white trash people. Then you know, you're not just playing there. So it's like Pepsi's businesswise. It's smarter for them to just make their own recipe and then try to win people over that way. But yeah, it's they never patented or because you could go RC cola who who are those seven people that are drinking RC cola. His, there's no Pepsi RC cola is the skin based in town. They increase their market share initially, I see. I am talking to Pepsi like y'all need to make this code. So how can we never talk about the monopoly that those two companies have on the restaurant business fact that if you go to any any place to eat, you can only pick one or the two one or the other is like products. You go somewhere and it's like, you know, you're only getting Pepsi products or you're only getting products like, why are we just okay with us? Why? Why can't it be that these places conserve, whatever. Somewhere a whole fucking. Hardly I, if either it's coke or Pepsi and for in a athlete had Mike monopoly like that was like a legal right. I mean, it's it's weird because it's it's not a full monopoly because two companies at split it. But yeah, like why? Why can't I go into a place and order an RC cola or fucking seven up? If I want to. Yeah. Eighty seven up. You have to fucking sell out to one of those two top Fame's into just even distribution. The certain area in seven up doesn't have. The like the the lineup to be served in a fast food restaurant, like you're never gonna go somewhere at seven up products like they just they just don't have the brands to compete. So you're always going to, you're always going to be a seller of Coker Pepsi products. I'm gonna look up what sodas, the seven up make. That's it. Right? Does them? No, they have a line. I think they do. I think they're like Hawaiian punch. I can't. I, my brother used to work for seven up, so I'm trying to remember. Let's see. Do more research brothers. The world is like fucking a products here. They have like seven recipes. So they got seven up diet, seven up cherry seven up. About it. What is happening? See. Yeah..

Pepsi Coker Pepsi coq Mike
"pepsi" Discussed on MarketFoolery

MarketFoolery

04:03 min | 2 years ago

"pepsi" Discussed on MarketFoolery

"In for chris hill who is on some much deserved wellneeded our in our for the next couple of weeks so guys and by guys i mean motley fool analyst andy cross and jason moser you're stuck with me yes sir even the france gents viva france and belgium as we call soccer football to the rest of the ball football croatia tomorrow morning when the semi final year in england guy to guy and i haven't been following it how's the us doing let's go back didn't even qualify that's all i know tough tough france and belgium and then tomorrow england and cratia should be to really excellent match okay so i should start watching at this point you should serve you say okay why will we'll guys we've got a great show today we're gonna talk microsoft can talk some nordstrom we're gonna have an update on twitter jason we talk some twitter yesterday and some more twitter news but let's start with pepsi shares of pepsi up big on earnings today in guys it's all about snacks because north america beverage sales not doing that well but jason frito lay more than making up for that and by frito lay i mean lay's cheetos doritos fritos sunshine and yes funds mac your second language that is the frame hungry you're speaking my language i mean listen i've kind of one of those live the guys right i'm not always focused on exactly what my body and my frito lay has what i'm looking for i mean this is really the benefit though of pepsi having diverse revenue stream the snacks really can help shore up the whenever the beverage side of the businesses is falling a little behind it in really i think what struck me when looking at this release in looking at pepsi and sort of looking at how the stock has done over the past five years we always talk about looking for some pepsi to to coke out there right when we talk about competitive advantages competitor's market leaders and everything we talk about coping the big one and then what's the pepsi to their coq no longer mac no longer we're actually now looking for the coke to their pepsi and i'll tell you what pepsi maybe a little bit smaller but shareholders of pepsi over the last three and five years have one versus coach shareholders wow hep c is the outperformer so take that if you wanna take the pepsi challenge this weekend then challenger france or what's been the better stock over the last five years funding these that's going to call it yeah i like that funding thesis i own pepsi why berkshire hathaway which owns a large deacon coke so i mean you know the stock this all has might have done better it hasn't you know been on a rocket ship recently this year it certainly hasn't really done all that well i mean you just look at what jason was saying with it is it is all about this knacks i mean just the the shift as they tried to push a little bit more away from the sugary drink the mountain dews and the pepsi cola's over the past six to nine months has really been a struggle they've talked about this being a long term trend in and that's where they have to go but they can't they're stuck with these legacy brands they have to continue to sell because it generates too much revenue for them but even that mac that revenue growth of the past couple years has been really slow the fact there has been pretty much no revenue growth over the past couple years and their profits really have been pretty stagnant so you know looking at what how they are shifting this portfolio and how they are changing this and focusing more much more on snacks as more profitable hired margin business potentially hopefully higher revenue sales growth for shareholders that's really what future's going to be for for the growth portion of the pepsi story so you talk about the the soda sales and coke has the same issue right with declining soda sales here in the us so if you're looking at both of those stocks going forward do you like jason do you like pepsi more than coca going forward so and yeah i mean i preface this coming from from the perspective of a guy moved up here from georgia i i should want coke i am coke guy when it comes to the product but in all honesty i i think i would go pepsi it is because.

chris hill analyst andy cross jason moser five years nine months
"pepsi" Discussed on Success! How I Did This

Success! How I Did This

01:33 min | 3 years ago

"pepsi" Discussed on Success! How I Did This

"So the pepsi challenge was built on a blind tastetest my favorite one was in san antonio texas who is a grandmother with old granddaughter looking over her shoulder the grandmother civil i don't know why i'm here now never had a pepsi before and as they do the reveal and the grandmother could see what she picked the little granddaughter says grandma you pick pepsi and the grandma says i can't believe it i've never had one before i guess i really do like pepsi better than coq bang that was our commercial and we did that over and over again is was a brand new tool so it really caught everybody including cocacola offguard coke was outraged and that was the beginning of the pepsi challenge and is a tree that you chose coca cola and outline atlanta fed all i wish you would bring that up i was in hawaii 'cause we would introduce market by market and fortunately those days we didn't have cable television said you could see something that happened in hawaii all the way back on the mainland but i was being interviewed live in hollow and the lady interviewing me as people were taking the pepsi challenged taste tests said well why don't you take the challenge chest and i sorta hesitated was much i could say so unfortunate pick cocacola well it was authentic test and i adel so steve jobs grew very interested in this idea that you had helped build this huge promotional campaign for pepsi and you were really folks up perception marketing what was the first time you met steve jobs you remember.

san antonio texas pepsi atlanta hawaii steve jobs
"pepsi" Discussed on The 3:59

The 3:59

01:45 min | 3 years ago

"pepsi" Discussed on The 3:59

"Right yes humira africa could at originally aluminum partriach formed in rota something else as humanoid robot which is an android right so right thank you for filibustering force is i'm i'm i'm pretty low on on topics like this whole janette soak air verdes stop referring find coq vice pepsi hundreds seriously like have you seen a a pepsi bottle recently okay the means yes but also services of crap but like yeah pepsi like people to kept see people drink pepsi pepsi also owns a lot of like snack foods does okay our delicious there you go we have just justified to purchase forty it's fine why why why why why did we go down soda pop i dunno is relying i'm now i'm now on like the lower gunmen of the game or drinker what i dunno them do right you're right this is atlanta's ac one is now do a cook brand now's pepsi pepsi pepsi all right moore code red it's still out there is this still area to gamers children third or that i don't think there's a specific preference when it comes to the mountain dew brandishing the mountain deuces kind of like become synonymous with like basement gaming ja very negative unfortunate connotation even though there shouldn't necessarily be but it's a wet moundou into reito's is at the joke yes yeah so if i'm doing basement game in its right all right gasoline so let's let's do this one i don't know maybe this will be interesting.

pepsi android atlanta moore