Latest news with #Bremer
Yahoo
28-05-2025
- Business
- Yahoo
St. Buena Vida Debuts Non-Alcoholic Wine with Next-Gen Tech and a Brand-Forward Approach
The first release is a dry sparkling Chardonnay that highlights the potential of modern non-alcoholic winemaking. NEW YORK, May 28, 2025 /PRNewswire/ -- St. Buena Vida, a New York-based non-alcoholic wine brand, has launched its first product: a dry sparkling Chardonnay, single-sourced from organic vineyards in Spain. The wine is finished in Germany using Solos, an advanced aroma-capture technology that preserves the wine's natural aromatic compounds. While many alcohol-removed wines lose much of their original character throughout the dealcoholization process, Solos helps to maintain flavor, complexity, and depth. St. Buena Vida is the first US-based brand to leverage Solos in its winemaking. Tasting Notes: The wine opens with aromas of ripe pear, green apple skin, fresh citrus, and white flowers. On the palate, it's dry and bright, with crisp pear, lemon zest, and a touch of stone fruit layered over subtle minerality. The finish is clean, refreshing, and lightly effervescent — a sparkling wine built for easy sipping and elevated moments. Founded by entrepreneur Lawrence Bremer, St. Buena Vida was created to bring greater craft and care to the evolving non-alcoholic wine category. According to NIQ, non-alcoholic wine grew by 27.2% year-over-year as of January 2025, part of a broader shift that's turning non-alc into one of the fastest-growing segments in beverage. "The modern drinker sees the value in great non-alcoholic options and wants to include them as part of what they reach for," said Bremer. "We're focused on delivering premium wines that reflect transparency, quality, and taste. And we're building a lifestyle brand that inspires moments that feel just as rewarding." Taking cues from the pace and pleasure of Mediterranean life, the brand is rooted in the ethos of good living. It celebrates slowing down, finding beauty in the everyday, and embracing the quiet luxury of a life well lived. St. Buena Vida successfully soft-launched in January as a featured brand in the showcase program at Spirited Away, a specialty retailer helping to shape the non-alcoholic space. The program highlights emerging brands and introduces them directly to consumers in a curated, in-store setting. "We've hosted more than 60 showcases to date, and St. Buena Vida had the strongest sales performance we've seen," said Douglas Watters, Founder of Spirited Away. "It's even more remarkable given that the brand is just getting started and currently offers only one SKU." With its dry, crisp profile and balanced acidity, the wine shines on retail shelves and on-premise lists. Its versatility and brand-forward appeal make it a strong fit for restaurants, bars, and today's modern drinker. To support US expansion, St. Buena Vida recently partnered with Hatch Celler, a boutique beverage sales consultancy focused on building premium brands. The wine is currently available in 25 retail locations across the United States, and online at About St. Buena Vida St. Buena Vida is a premium non-alcoholic wine brand rooted in the ethos of good living. It celebrates slowing down, beautiful moments, and the quiet luxury of living well. The brand offers high-quality wines with real character, made for modern drinkers who care about what they're drinking and how it fits into their life. Additional Information Suggested Retail Price: $32Website: Instagram: @stbuenavida Company Contact Lawrence BremerFounder, St. Buena Vidalawrence@ Press Contact Taylor FoxmanThe Industry Collective609-432-2237395794@ View original content to download multimedia: SOURCE St. Buena Vida Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
KC barbecue restaurant with roots going back 87 years will close at end of May
Danny Edwards Blvd BBQ is closing at 2900 Southwest Blvd. at the end of May, its owners told The Star on Wednesday. That doesn't necessarily mean the Big D — a brisket sandwich on rye bread, topped with Swiss cheese and onion rings — and other popular items at the Kansas City barbecue joint are totally going away, though. 'We're going to cook from home for a while, and maybe sell out of a food truck,' said Joel Bremer, who runs the restaurant with his wife, Susan. 'And we might look into another brick-and-mortar. But we have to be out of here by the end of the month.' Though Bremer owns the business — he bought it from original owner Danny Edwards in 2018, about four years before Edwards died — the building is owned by Edwards' widow, Priscilla. Bremer said it's his understanding that she intends to sell the building to From the Earth, the marijuana dispensary that operates next door. Reached by phone, Priscilla Edwards declined to comment. From the Earth did not respond to a request for comment. The restaurant's history stretches back to 1938, when Jake 'Big Jake' Edwards opened the Old Southern Pit downtown near 10th Street and Baltimore Avenue. He grew it to five locations by 1960. Danny, his son, took over the original restaurant in 1980 and renamed it Lil' Jake's. In 1984, Danny moved his barbecue joint to 12th and Grand because the city wanted to build a parking garage on his spot. The new location — called Lil' Jake's Eat It An' Beat It, a reference to the fact that its modest size offered seating for just 18 customers — grew into a local institution. It was a favorite among downtown bankers, lawyers and city workers looking for an authentic Kansas City-style barbecue lunch within walking distance of their offices. That location also happened to be one block north of where the T-Mobile Center currently sits. In the early 2000s, the developers behind what is now the Power and Light District came knocking. They wanted Edwards' property for a parking lot. He and other small business owners in the area fought the city for a while, but eventually gave in. Edwards negotiated a deal that allowed him to relocate his restaurant to a 70-seat space at 2900 Southwest Blvd. Renamed Danny Edwards Blvd BBQ, it opened in 2007. Bremer said Edwards sold him the business six years ago because he'd been there for so long. 'I'd worked here 15 years before I bought the place,' Bremer said. 'Danny knew I'd keep doing things the way he taught me to do it.' He said he wasn't sure if From the Earth wanted to expand or just raze the building to add parking. 'It would be ironic if they wanted to bulldoze this place for a parking lot, given our history,' Bremer said. 'If that happened, I'm not sure I'd want to risk opening another place. Somebody'd eventually just come along and tear it down.'
Yahoo
23-04-2025
- Business
- Yahoo
Old National Bancorp (ONB) Q1 2025 Earnings Call Highlights: Strong Earnings Amid Economic ...
GAAP Earnings Per Share: $0.44 for Q1 2025. Adjusted Earnings Per Share: $0.45, excluding $0.01 per share of merger-related charges. Net Interest Income: In line with expectations, with net interest margin down modestly. Tangible Book Value Per Share: Increased by 5% from last quarter and 13% year over year. CET1 Ratio: 11.62%, up 86 basis points from a year ago. Total Loan Growth: 1.5% annualized from last quarter, or 2.3% excluding $70 million of CRE loan sales. Total Deposit Growth: 2.1% annualized, with core deposits up nearly 1.7% annualized. Noninterest Income: $94 million for the quarter, above guidance. Adjusted Noninterest Expenses: $263 million, moderately better than guidance. Net Charge-Offs: 24 basis points, or 21 basis points excluding PCD loans. Allowance for Credit Losses: 116 basis points, up 2 basis points from the prior quarter. Warning! GuruFocus has detected 4 Warning Signs with ONB. Release Date: April 22, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Old National Bancorp (NASDAQ:ONB) reported better-than-expected first-quarter earnings, demonstrating strong performance in a challenging economic environment. The company experienced solid loan growth and a strong deposit franchise, which drove positive results. Net interest income and margin performance met expectations, with noninterest income benefiting from gains on loan sales and higher fees from mortgages and service charges. The tangible book value increased significantly compared to both the previous quarter and year over year. The partnership with Bremer Bank is expected to enhance ONB's footprint, providing greater scale and density in the Upper Midwest, and is anticipated to close earlier than expected, on May 1. The macroeconomic environment remains uncertain, which could impact future growth and rate outcomes. There is a potential for increased competition in the commercial real estate market, which may affect loan growth. The company's guidance assumes three rate cuts, which may not align with actual future Federal Reserve actions. Noninterest income has been volatile, with recent quarters showing fluctuations due to discrete items and loan sales. The economic uncertainty has led to a cautious approach from clients, potentially impacting future business activities and growth. Q: How does the better capital position at the start of the Bremer partnership impact the net interest income (NII) outlook? A: James Ryan, CEO: The original M&A assumptions, including $2.4 billion of commercial real estate loans, remain in place. However, the higher capital levels at the start of the partnership suggest that the $2.4 billion figure may be reduced, offsetting the foregone purchase accounting accretion due to rate market changes. Q: Does the 40% deposit beta guidance include Bremer? A: James Ryan, CEO: No, it does not include Bremer. The 40% beta is for core ONB, and we expect to reach this by the end of the second quarter. There is still room for improvement as we work through our exception price book. Q: What are the driving factors for potentially selling or not selling the $2.4 billion in commercial real estate loans? A: James Ryan, CEO: The decision will be based on maintaining a double-digit CET1 ratio, total risk-based capital, and the CRE percentage of total risk-based capital. Current conditions suggest we will be in a good position on all three, providing significant flexibility. Q: How are customers reacting to the current economic environment, and what is the outlook for loan growth? A: Mark Sander, President and COO: Customers are generally doing well, with a pause rather than a change in plans due to recent uncertainties. The pipeline remains strong, supporting the guidance for mid-single-digit loan growth, despite a competitive CRE market. Q: What is the outlook for capital management, particularly regarding share buybacks? A: James Ryan, CEO: While share buybacks are considered, the focus is on optimizing the balance sheet size and capital levels. The priority is to maintain a larger balance sheet and strong capital levels, with potential buybacks being a consideration for the latter half of the year or into 2026. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
10-04-2025
- General
- Yahoo
Overwhelming amount of dogs leaves St. Tammany Animal Shelter in ‘Mayday' Mode
ST. TAMMANY PARISH, La. (WGNO) — Following a wave of owners dropping off their pets and abandoned animals found within the community, the St. Tammany Parish Animal Shelter has exceeded 200 dogs in the shelter system, which is designed to only hold 120. 'That creates a whole bunch of other issues when we're doubling up dogs in kennels. Disease spread. There's a lot of things that come secondary and tertiary to overcrowding,' Shelter Director Rob Bremer said. Street closures announced ahead of New Orleans' French Quarter Festival Of these 215 animals, about 100 of them are ready to be adopted or fostered now. Of those 100, the six that have stayed at the shelter the longest have until April 22 to be rescued before euthanasia becomes an option. 'Ultimately, it comes down to how do I want to make more space right? The way I did it, and the way that seemed the most fair to me was the longest time,' Bremer said. Adoption fees at the shelter normally cost $75, but during this time, discounts will be offered ranging from 1/3 off to 100% off. If you're interested in fostering instead, the shelter will provide you with everything you may need, including a crate and the food. 'We are trying to take down all the barriers that we can to really get in their faces and get their information out there, and hopefully setting them up with a forever home,' Bremer amount of dogs leaves St. Tammany Animal Shelter in 'Mayday' Mode La. DCFS employee arrested in New Orleans traffic stop turned drug bust Luka Doncic scores 45 points in Dallas return as Lakers clinch playoff spot with 112-97 win Rumor of monkey trade for child leads to Missouri foster mom's arrest Living the dream and breaking barriers: Virginia woman is a Great Lakes flyfishing guide Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Fox News
03-04-2025
- Politics
- Fox News
US to host Military World Games for the first time ever
FIRST ON FOX: The 2027 Military World Games will be played in Charlotte, North Carolina, marking the first time the event has ever been hosted in the United States. The last Military World Games took place in Wuhan, China, in October 2019, just months before the COVID-19 pandemic erupted from that very city, putting the event on ice for what will be an eight-year hiatus. When the games return in 2027, it will come right in the middle of two major international sporting events that are also set to play in the U.S. – the 2026 FIFA World Cup and the 2028 Los Angeles Olympics. President Donald Trump will preside over each of the events, and while he played a role in bringing the World Cup and Olympics to America in his first term, he has his Defense Secretary Pete Hegseth to thank for giving the approval of the Military World Games for North Carolina, according to the event's co-chair Eli Bremer. Bremer told Fox News Digital that Hegseth gave the final approval for the U.S. to host the games. "His vision for the U.S. military, creating warriors, aligns so precisely with the U.S. military engaging in elite sporting," Bremer said. "I think this aligns extremely well with the new leadership in the military. I think it's a tremendous opportunity for the U.S. military to attract amazing talent into it that aligns with the leadership of Secretary Hegseth and all the way down the Trump administration." Bremer, a major in the Air Force Reserve Command and former modern pentathlete who competed in the 2008 Olympics, recalled his experience competing with athletes from some of America's notable military adversaries in past Military World Games, and believes the 2027 event can help opposing sides humanize each other amid geopolitical tensions. "As a young officer in the Air Force, I had contact with Iranians and North Koreans who were at those sporting events, so it gave Americans a chance to kind of make contacts with other countries and to show them we're real people," Bremer said. The games are organized by the International Military Sports Council (CISM) the world's second-largest multidiscipline sports organization, after the International Olympic Committee (IOC). CISM President Nilton Romil of Brazil told Fox News Digital that there were barriers to bringing the games to the U.S., but the committee powered through a "competitive" process to get it done in America, citing the symbolic importance of global peacekeeping. "Barriers included the complexity of hosting such a large-scale international event for the first time on U.S. soil. Navigating security, diplomatic protocols, and ensuring infrastructure met CISM standards was key. However, shared commitment and vision made success possible," Romil said. "The significance is historic. Western allies have long been active members of CISM, and the U.S. has supported the mission from the beginning. Now, hosting the Games on American soil extends a clear message: the West is committed to global peace and unity, not just through strategic alliances, but through shared human values. "By hosting the Games, the USA is demonstrating leadership in promoting peaceful international military engagement beyond defense cooperation—through athletics, cultural exchange, and global solidarity." Three of the last four MWGs were hosted in BRICS nations, with China hosting in 2019, Brazil hosting in 2011 and India hosting in 2007. By coming to the U.S., the event will be hosted in a G7 nation for the first time since it was hosted in Italy in 2003. For many Americans who are both veterans and former athletes, the 2027 games will mark a proud milestone. Former U.S. Olympian Chad Senior, who competed in the 2004 and 2000 Summer Olympics in modern pentathlon, and served in the Iraq War and Afghanistan War as an Army special forces veteran, told Fox News Digital that the games will come at an important time, as he sees the military in the U.S. becoming more "partisan." "Policies in this administration are changing, and I don't think people are in the middle of it, they're either solidly against it or solidly embrace it," Senior said. "Will it change people's minds? I don't know. I think that's why they have these World Military Games. Any time that different miliaries can get together in a friendly environment of sports versus on the battlefield I think is a positive thing for all of us." Former U.S. Senator from Colorado Ben Nighthorse Campbell, who competed in the 1964 Tokyo Olympics and served in the Air Force, celebrated the selection of Charlotte for the next MWG. "I was thrilled to hear that the World Military Games are coming to the United States. As one who served our country in the Air Force during the Korean War and represented our country on the judo mats at the 1964 Olympic Games, I believe there is a direct correlation between the discipline and dedication required to be an elite athlete or member of an elite fighting force and competition always pushes both to higher levels of performance," Campbell told Fox News Digital. Follow Fox News Digital's sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.
