Latest news with #Popp
Reuters
24-04-2025
- Business
- Reuters
Delivery Hero confirms yearly forecast, but soft Asia knocks shares
April 24 (Reuters) - German online takeaway food company Delivery Hero ( opens new tab confirmed its 2025 guidance on Thursday, but a slip in growth in its crucial Asian market led investors and analysts to question the upbeat narrative for the region. GMV, a common metric for delivery firms measuring the total value of all goods sold, grew 5% to 12.37 billion euros ($14.03 billion), broadly in line with analysts' estimate of 12.34 billion euros in a company-provided poll, opens new tab that was based on reported currency and assumption of high inflation. In the core Asian market, the company's quarterly GMV fell to 5.4 billion euros from 6.1 billion euros a year earlier and slightly missed consensus expectations. The region, Delivery Hero's most important one since its $4 billion deal in South Korea in 2019, accounts for roughly one third of its global sales. "We think this weakness will likely play into competitive concerns in the Korean market," analysts from UBS said in their note to investors. The Glovo owner's shares fell as much as 10% in early trading, with a trader pointing to weaker business in Asia. They were down 4% as of 0911 GMT. In a call with Reuters, Chief Financial Officer Marie-Anne Popp reiterated the company's optimistic stance on South Korea, saying it expected the market to return to growth this year. "We're in the process of rapidly ramping up on delivery," Popp said about the market. "We also probably had a customer value proposition that wasn't good enough." She said Delivery Hero was addressing a lot of the things where it could and should be better, with some improvements already in place. The company on Wednesday said it would stop operating its platform in Thailand in May. Popp said the group considers a market's profitability and maturity when assessing its presence, including possible exits. "Not being profitable is not necessarily a sense that things are not going well. It's also a level of maturity," she said, adding Delivery Hero had no current plans to enter other markets. ($1 = 0.8818 euros)
Yahoo
28-03-2025
- Yahoo
Man accused of 1983 Sioux City murder pleads not guilty
SIOUX CITY, Iowa (KCAU) — A man has pleaded not guilty to the alleged murder of a woman over four decades ago. According to court documents, Thomas Popp, 62, submitted his plea of not guilty for one count of first-degree murder on Thursday, March 27. He is accused of killing Terri McCauley, 18, in Sioux City in Sept. 1983. Teenager charged in Morningside neighborhood shooting pleads not guilty McCauley disappeared from a Sioux City parking lot on Sept. 26, 1983. Her body was then found days later near 33rd and Pavonia Streets. On Jan. 10, 2025, a grand jury in Woodbury County District Court indicted Popp for first-degree murder. He was arrested the next day by police officers in Longview, Washington. He would then be transported to the Woodbury County Jail in early March, where he is currently being held on a $3 million bond. Sioux City council to approve new manager of Sioux City Marina McCauley, who was Native American, left behind two children. Since then, her nephew Josh Taylor has advocated for her case and the cases of other Missing and Murdered Indigenous Women to be solved. 'Terri could have been a very successful Native American woman in our community,' Taylor said at the time of Popp's arrest. 'That, unfortunately, was stolen from her.' Popp's jury trial is set to begin June 3, 2025 in Sioux City. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-03-2025
- Yahoo
Suspect in 1983 Sioux City murder has arraignment set
SIOUX CITY, Iowa (KCAU) — An arraignment date is set for the suspect in a murder that took place in Sioux City over four decades ago. Thomas Popp, 62, is set to have an arraignment on March 28 at the Woodbury County Law Enforcement Center. Court documents indicate he's been ordered to appear in person. Siouxlander a person of interest in Dominican disappearance Popp is facing one count of first-degree murder. He's accused of killing Terri McCauley more than 41 years ago. She disappeared from a parking lot in Sioux City back in Sept. 1983. McCauley's body was located days later near 33rd and Pavonia Streets. Popp is currently being held in the Woodbury County Jail on a $3 million bond. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
25-02-2025
- Climate
- Yahoo
American Birkebeiner: Great snow conditions await after last year's ski race cancellation
One year after warm weather and unwelcome rain forced a rare cancellation, great conditions and perhaps some glitter await participants in the American Birkebeiner cross-country ski races in northwestern Wisconsin this week. There has been plenty of snow and more coming. Temperatures should be just about perfect — high 20s or low 30s — when the first part of competition gets underway on Friday, said Birkie executive director Ben Popp. The Birkie, billed as North America's largest cross-country ski marathon, runs between Cable and Hayward. The race is expected to attract 13,500 skiers, 2,500 volunteers and up to 30,000 spectators. Sports Destination Management magazine estimated in 2016 that Birkie visitors book 4,100 room nights and bring $20 million to the local economy. It's a far cry from last year, which Popp and the hotel and restaurant operators in northwestern Wisconsin would prefer to forget. Warm weather forced organizers to cancel the race for only the second time in its 44-year history. "It was so disheartening," Popp said. "We had six days with temperatures above 50 degrees." RELATED: American Birkebeiner, world's largest cross-country ski race, canceled following days of warm weather, rain This year there are 4 to 8 inches of hard packed snow on the course and the forecast calls for 3 to 4 more inches to fall before the Birkie events get underway. "The course is in really good shape," Popp said. "I think we should have some exceptionally good conditions." For the main race on Saturday, skate-style skiers will travel 50 kilometers (about 31 miles), while the classic racers go 55 kilometers. The race starts in Cable and ends on Main St. in downtown Hayward. Organizers moved the 29-kilometer Kortelopet race to Friday so participants and their families could enjoy a big finish line celebration for that shorter race. In past years, the Korte ran on the same day as the main race. "We wanted to give those folks the same kind of Birkie experience" as racers in the main event on Saturday, Popp said. The return to a "normal Birkie" is welcome news for the local hospitality industry. "It's looking wonderful," said Cindy Ferraro, owner of the Sawmill Saloon in Seeley, between Hayward and Cable. She also rents lodge rooms and apartments in the area. "Some people have been up here since last week," she said. "Were completely booked." Although the skiing was washed out last year, some folks trekked to the area anyway to gather with their friends for Birkie weekend. "They partied for two days before (race day) and the day after instead of just one day," she said. LIKE US ON FACEBOOK: Get the latest Journal Sentinel news in your feed Birkie fans can expect to see some glitter adorning skiers in honor of the U.S. cross-country ski women team's performance Saturday in the Winter Olympics. The team finished 5th in the relay, its best performance ever. Members of the U.S. women's team paint their faces with glitter and are high-profile ambassadors for the sport. "Those gals have done so much for the sport in the past five years," Popp said. "It's just awesome." Although no members of this year's Olympic teams will be at the Birkie, there are plenty of elite athletes expected, including Caitlin Gregg, a member of the 2010 Olympic team. The Olympics along with a growing number of youth programs have boosted interest in competitive cross-country skiing, Popp said. RELATED: Wisconsin DNR launches cross-country ski trail conditions page RELATED: 6 lighted cross-country ski trails in Wisconsin Some schools have programs to introduce kids to the sport. One school, Popp said, strives to get every second-grader on skis. "I think we're seeing cause and effect," he said. As more young people are introduced to skiing, their families seek out clubs and professional coaching. "It's the same kind of model that we've seen as with swimming and soccer," Popp said. "I think the sport is going in the right direction." We followed four Wisconsin dairy farms for a year as they struggled with an industry-wide crisis, one didn't make it Wisconsin lawmaker proposes resolution honoring white people, among others, during Black History Month Wisconsin once had a 'model' voting rights program for people with disabilities. Officials have let it decline. FOLLOW THE JOURNAL SENTINEL: Facebook | Twitter | Instagram DOWNLOAD THE APP: Get the latest news, sports and more This article originally appeared on Milwaukee Journal Sentinel: Birkebeiner ski race draws thousands to northwestern Wisconsin
CBS News
12-02-2025
- Business
- CBS News
Snow falls just in the nick of time for 2025 American Birkebeiner
CABLE & HAYWARD, Wis. — In the tiny town of Cable, Wisconsin, there are signs of American Birkebeiner pride everywhere. "More than just the prestige of having the event and having that recognition, there's a lot of dollars that come in with that," said P.C. Rasmussen, owner of the Lakewoods Resort in Cable. The Birkie, a cross-country ski marathon since 1973, is inspired by Norwegian lore. "It's really important for these businesses that have been on a second bad year of outdoor recreation and tourism here in northern Wisconsin," said Ben Popp, executive director of the Birkebeiner Ski Foundation. Last year's smaller, modified event was tough on businesses along both ends of the course. "Everyone took a big hit by stocking up, replenishing, gearing up for the 50th only to have a no snow year and warm," said Cindy Smith-Kaner, owner of Riverbrook Bike & Ski in Hayward. There was no traditional finish on the streets of downtown Hayward. Events took place on a 10-kilometer loop around the Cable trailhead using stockpiled and manufactured snow — something that wasn't possible when the Birkebeiner was last canceled in 2017. "It was that year that actually prompted us into investing in machine made snow. We've now spent almost $2.5 million investing in that equipment because we know how important it is to have the event here," said Popp. "They pulled off a miracle last year and everyone was grateful," said Smith-Kaner. As the largest race of its type, the Birkie brings 12,000 ski competitors and 25,000 spectators from all 50 states and two dozen countries. "It gets them here longer. They stay here. They eat more. They drink more. They hang out more," said Popp. On Monday, Hayward business owners got the news they'd been hoping for: the Birkie will finish along the downtown streets. "Up here in Birkie Land we still can pull it off, we can still have good snow. It's magic out there right now," said Smith-Kaner. Birkie participants should be prepared to see areas of low snow along with some grass and leaves in spots. That's especially true in the last 10 kilometers of the race heading into Hayward. Birkie week begins Wednesday, Feb. 19 with an open track day. The full Birkebeiner race is Saturday, Feb. 22.
