Grapevine deli owner was new Pope's schoolmate
A Grapevine deli owner went to the same school as Pope Leo XIV.
Both attended St. Mary's in Riverdale, Illinois.
Weinberger's Deli is now offering a "Papa Leo" sandwich in the pope's honor.
GRAPEVINE, Texas - A Grapevine deli owner is honoring the new pope, who just happens to be his former schoolmate.
The backstory
Dan Weinberger, the owner of Weinberger's Deli in Grapevine, attended the same grade school as Pope Leo XIV, who was then known as Robert Prevost, in Riverdale, Illinois.
READ MORE: Chicagoans welcome 'Da Pope' as native son becomes first American pontiff
Weinberger did not personally know Prevost, who was three years younger than him, but became aware of his story during the conclave.
When he heard his fellow St. Mary's alum had been elected as pope, Weinberger was shocked.
What they're saying
"It's crazy to think that you grew up in the same community where the pope would have gone to the same festivals that you went to, went to the same ice cream parlor, went to Newman Drugs, went to Value Village and all these places and actually lived in the neighborhood with you," said Weinberger. "I sat down on the couch and thought, 'this is amazing.'"
To celebrate Prevost's election, Weinberger created a new menu item.
The sandwich is called the "Papa Leo."
Weinberger says he researched what kind of food the new pope likes for his creation.
The sandwich, which is based on a popular creation in Uruguay, has beef, ham, lamb and a sunny side up egg.
Weinbeger is charging 14 dollars for the sub because he is Pope Leo the 14th.
Biography
Cardinal Robert Francis Prevost, now Pope Leo XIV, is a Chicago native born in 1955.
After joining the Order of Saint Augustine in 1977 and making his solemn vows in 1981, he earned degrees in mathematics, divinity, and canon law—including a doctorate from the Pontifical College of St. Thomas Aquinas in Rome.
Prevost was ordained in 1982 and began his pastoral and academic service in Peru in 1985, where he served in roles such as chancellor, seminary rector, canon law professor, and judicial vicar.
In 1999, Prevost was elected provincial prior of the Augustinians in Chicago, and just a few years later, he became prior general of the worldwide order, serving two terms until 2013.
He then returned to Peru at Pope Francis' request to serve as apostolic administrator—and later bishop—of the Diocese of Chiclayo.
In January 2023, Pope Francis appointed Prevost prefect of the Dicastery for Bishops, a powerful Vatican role responsible for episcopal appointments worldwide.
He was made a cardinal in September of the same year.
The Source
Information in this article comes from an interview with Dan Weinberger. More information on Pope Leo XIV comes from the Catholic Church.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
5 minutes ago
- CNBC
CNBC Daily Open: OpenAI CEO, who sparked AI frenzy, worries about AI bubble
There's a bubble forming in the artificial intelligence industry, according to OpenAI CEO Sam Altman. "Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes," Altman said. "I'm sure someone's gonna write some sensational headline about that. I wish you wouldn't, but that's fine," he added. (Apologies to Altman.) Altman's AI company is currently in talks to sell about $6 billion in stock that would value OpenAI at around $500 billion, CNBC confirmed Friday. In another conversation, Altman warned that the U.S. may be underestimating the progress that China is making in AI. Given the above premises, should investors be more cautious about OpenAI? Altman was not posed this question, but one wonders whether his opinion would also be "yes." Outside pure-play AI companies, the money is, likewise, still flowing. Intel is receiving a $2 billion injection of cash from Japan's SoftBank. It's a much-needed boost to the beleaguered U.S. chipmaker. Intel has fallen behind foreign rivals such as TSMC and Samsung in manufacturing semiconductors that serve as the brains for AI models. But going by Altman's views, the investment in Intel might not be a good bet by SoftBank CEO Masayoshi Son. Not everyone agrees with Altman, of course. Wedbush's Dan Ives told CNBC on Monday that there might be "some froth" in parts of the market, but "the actual impact over the medium and long term is actually being underestimated." And Ray Wang, research director for semiconductors, supply chain and emerging technology at Futurum Group, pointed out that the AI industry is not heterogeneous. There are market leaders, and then there are companies that are still developing. In the real world, bubbles delight because they reflect their surroundings in a play of light. But the bubble Altman described could be one doesn't show the face of its meeting paves the way for trilateral talks with Putin. At the White House meeting, the U.S. president also discussed security guarantees for Ukraine — which would reportedly involve a purchase around $90 billion of American weapons by Kyiv. Intel is getting a $2 billion investment from SoftBank. Both companies announced the development Monday, in which SoftBank will pay $23 per share for Intel's common stock. Shares of Intel jumped more than 5% in extended trading. The artificial intelligence market is in a bubble, says Sam Altman. Separately, the OpenAI CEO said he's "worried about China," and that the U.S. may be underestimating the latter's progress in artificial intelligence. U.S. stocks close mostly flat on Monday. The three major indexes made moves that were less than 0.1 percentage pointsin either direction as investors await key U.S. retail earnings. Asia-Pacific markets were mixed Tuesday. SoftBank shares fell as much as 5.7%. [PRO] Opportunities in one area of the European market. Investors have been pivoting away from the U.S. as multiple European indexes outperform those on Wall Street. But one pocket of Europe still remains overlooked, according to analysts. American money pours into Europe's soccer giants as club valuations soar European soccer is a bigger business than ever, with clubs in the continent's five top leagues raking in 20.4 billion euros ($23.7 billion) in revenue in the 2023-2024 season. American investors have been eyeing a piece of that pie. U.S. investors now own, fully or in part, the majority of soccer teams in England's Premier League. That now includes four of the traditional Big Six clubs, with Chelsea, Liverpool, Manchester United and Arsenal all attracting U.S. investment.
Business Insider
an hour ago
- Business Insider
Amazon (AMZN) Unleashes ‘Household OS' Market Strategy
Just last week, Amazon (AMZN) announced its Same-Day Delivery service to include perishable grocery items at no additional cost for Prime members, putting it in direct competition with retail giants like Walmart (WMT). This move could spark two reactions from investors: concern over margin pressure or recognition that Prime is solidifying its role as the essential operating system for the American household. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. While margin erosion may be a near-term risk, I believe the latter view better captures Amazon's long-term value proposition—supporting my bullish stance that AMZN remains one of the market's most compelling stocks. Financial Firepower for the Final Frontier Before diving into frozen pizza and milk, it's worth stepping back. Amazon has significant room to experiment, backed by strong financial performance. Its Q2 2025 results show the business firing on all cylinders, generating the massive cash flow needed to bankroll a long-term, capital-heavy push into the $1 trillion-plus U.S. grocery market. Amazon's core strength lies in its ability to leverage existing advantages—such as logistics, scale, and capital—to break into new markets. A prime example is Amazon Web Services, launched in 2006, more than two decades after the company's founding. Today, AWS has grown into a powerhouse, generating $30.9 billion in revenue in Q2 alone. Of course, not every experiment succeeds—take the failed Fire Phone, for instance—but unlike a typical entrepreneur who risks losing everything, Amazon has the financial cushion to absorb the occasional flop. For years, a common trope around Amazon was that it had to continually sacrifice profitability in pursuit of growth. Thanks to AWS, that's no longer the case. The company is now simultaneously expanding both revenue and profits, showcasing impressive operating leverage. Meanwhile, Amazon's core e-commerce business remains robust. North America segment sales rose 11% year-over-year to $100.1 billion in Q2, supported by its massive, regionalized U.S. fulfillment network that positions inventory closer to customers. This not only enables faster delivery—often the same day—but also lowers average shipping distances, creating cost efficiencies that reinforce Amazon's competitive moat. It's Not About Groceries, It's About the Flywheel Amazon's move to expand Same-Day Delivery into groceries should be seen in context. This isn't a speculative experiment like the Fire Phone. Having already absorbed the heavy capital costs of building a faster, more efficient fulfillment network for general merchandise, Amazon can now leverage those 'sunk costs' to attack the grocery vertical. Adding temperature-controlled zones to existing advanced facilities is far less expensive than building a cold-chain logistics network from scratch—positioning Amazon, quite literally 'primed,' to capture share in the grocery market. But the real story may lie in the indirect benefits. Fresh groceries increase customer stickiness by creating high-frequency, routine purchases that embed Amazon into daily consumer behavior. They also generate valuable data to enhance ad targeting and expand the company's high-margin advertising business. Most importantly, free, fast grocery delivery raises the value of a Prime membership, helping drive new sign-ups while justifying future price hikes. In short, Amazon's Same-Day grocery push doesn't just add a new revenue stream—it accelerates the flywheel. Navigating the Headwinds That said, risks remain. The unit economics of online grocery are notoriously tricky. McKinsey & Company estimates that a $100 online grocery order can produce a net loss of about $13, a key reason so many companies have struggled to make the model profitable. While Amazon's scale provides an edge, its margins could take a hit if grocery losses aren't offset quickly, particularly in the early adoption phase. This risk is compounded by the fact that Amazon's margins are already under strain from heavy AI investments. On top of that, entrenched competitors like Walmart—currently the leader in online grocery—are unlikely to cede ground easily. The result could be a prolonged, costly battle that squeezes profitability across the sector. Is Amazon a Buy, Hold, or Sell? On Wall Street, AMZN earns a consensus Strong Buy rating based on 44 Buy, one Hold, and zero Sell ratings in the past three months. AMZN's average price target of $265.22 implies an upside potential of 15% over the next 12 months. Amazon's Grocery Bet Could Reshape Retail In summary, Amazon's expansion into same-day perishable delivery is about more than selling groceries—it's another step in a decades-long strategy to become the central utility of American commerce. While entering the notoriously difficult grocery sector carries risks, including margin pressure and fierce competition, Amazon's scale, financial strength, and operational capabilities position it to not only redefine the retail landscape but also further entrench Prime as the essential gateway to modern consumer life.
CNBC
an hour ago
- CNBC
Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder
The Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker's largest stakeholder. As part of a potential deal, the government is also considering converting some or all of Intel's grants from the 2022 U.S. CHIPS and Science Act into equity in the company, the report said, citing a White House official and other people familiar with the matter. At the embattled chipmaker's current market value, a 10% stake would be worth roughly $10.4 billion. Meanwhile, Intel has been awarded about $10.9 billion in Chips Act grants, including $7.9 billion for commercial manufacturing and $3 billion for national security projects. The report noted, however, that it remains unclear if the idea has gained traction broadly within the administration or whether officials have broached the possibility with affected companies. It added that the exact size of the stake remains in flux, and it remains unclear whether the White House will actually proceed with the plan. Intel and the White House did not immediately respond to CNBC's queries regarding the report. Intel, once a dominant force in the U.S. chip industry, has fallen behind global competitors in advanced chip manufacturing. Reviving the former U.S. chip champion has become a national priority in Washington, with reports about a potential government stake in the company first circulating last week. The company has been the largest recipient of the 2022 Chips Act, passed with bipartisan support under the Biden administration, as part of efforts by Washington to revitalize U.S. leadership in semiconductor manufacturing. The bill allocated $39 billion in grants for American semiconductor manufacturing projects, with funding committed to many of the world's chipmakers such as TSMC and Samsung, as well as American chip companies such as Nvidia, Micron and GlobalFoundries. U.S. President Donald Trump, though supporting the general goals of the Chips Act, has been a vocal critic of the bill and even called for its repeal earlier this year. While republican lawmakers in Washington have been reluctant to act on that call, U.S. Commerce Secretary Howard Lutnick said in June that the administration was renegotiating some of the bill's grants. If Intel's Chip Act funds were to be converted into a potential government stake in the company, it could decrease the total amount of capital infused into the company as part of any deal by Washington. However, it would serve as the latest example of the Trump administration's interest in building government-backed national champions in strategic industries. Intel has struggled to gain an advantage in the artificial intelligence boom and has yet to capture a significant customer for its manufacturing business despite spending heavily on it. Some analysts have argued that government intervention is essential for the struggling chipmaker and for the sake of U.S. national security. Others contend that Intel's problems are deeper than funding, and it is not clear how the government can help with that. Analysts have also noted that Trump may be able to sway companies to buy Intel chips or assist indirectly, through tariffs and regulation. On Tuesday, it was announced that SoftBank was investing $2 billion in Intel. According to LSEG, the investment is worth about 2% of Intel, making SoftBank the fifth-biggest shareholder. Masayoshi Son, Chairman & CEO of SoftBank Group, said: "This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role." Intel investors had initially welcomed news of the government investment, which resulted in a share rally of nearly 9% on Aug. 14. Shares of Intel fell over 3% on Monday on the Bloomberg report, but rebounded by more than 5% in overnight trading on the trading platform Robinhood following news of a Softbank investment. Intel CEO Lip-Bu Tan, who was appointed in March 2025, met with Trump at the White House last week, after the U.S. president had called for his ousting due to his past ties to China. After the meeting, Trump had changed his tune on the Intel chief, saying he had "an amazing story." It's unclear if a potential government stake in the company had been discussed at the time. Read the full Bloomberg story here.
