What to Cook This Weekend
Gen Z Teens Talk $
By Julia Rothman and Shaina Feinberg
Julia Rothman is an illustrator. Shaina Feinberg is a writer and filmmaker. Both live in Brooklyn.
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Stock Alert: What Is Behind Build-A-Bear Workshop Rally?
Shares of Build-A-Bear Workshop, Inc. (BBW) are currently gaining over 5% on Friday morning, as the teddy bear retailer continues its strong rally that started after it reported its first-quarter results.
The stock is currently trading at $18.11, up $0.91 or 5.29%, on the NYSE. It has gained over 80% since it reported its first-quarter results and has more than quadrupled for the year-to-date period.
For the first quarter, the company reported profit of $10.4 million or $0.66 per share, compared to a loss of $21.2 million or $1.42 per share last year. Revenues surged 96.7% to $91.7 million.
Looking forward to the full year, the company expects to top the 2019 revenue total of $338.5 million. The company also increased its fiscal 2021 guidance range for EBITDA to a range of $28 million – $32 million, up from its previous guidance to be higher than fiscal 2019 EBITDA of $15.3 million.
“We delivered one of the strongest first quarters in our company’s nearly 25-year history, including a 96.7% increase in total revenues compared to the fiscal 2020 first quarter and an 8.7% increase versus the fiscal 2019 period,” Chief Executive Sharon John said in a statement.
The company witnessed growth at both its brick-and-mortar stores as well as its digital channels.
How biological batteries can generate renewable energy from soil
Think about where our energy comes from: drilling rigs and smokestacks, windmills and solar panels. Lithium-ion battery packs might even come to mind.
We probably don't think about the farms that comprise over one-third of Earth's total land area. But farms can also be an energy source. Barcelona-based battery company Bioo is generating electricity from the organic matter in soil and creating biological batteries that can power agricultural sensors, a growing 1.36 billion dollar global market.
Bioo's tech eliminates the need for single-use chemical batteries, which have to be replaced frequently. The company will work with large players such as Bayer Crop Science to pilot its sensor tech on farms, while also experimenting with using bio-batteries to power lighting installations. Eventually, Bioo envisions a future where biology may even help power our largest cities.
See how it works in this video.
Oil Futures Settle Notably Higher For The Day, Gains Nearly 2% In Week
Crude oil prices moved higher on Friday amid rising expectations that global energy demand will pick up thanks to acceleration in vaccination rollout and gradual reopening of business in several countries.
West Texas Intermediate Crude oil futures for July settled at $70.91 a barrel, gaining $0.62 or about 0.9%.
WTI Crude futures added about 1.9% in the week, scoring gains for a third straight week.
Brent crude futures gained about $0.30 at $72.82 a barrel.
Oil prices were also supported by the International Energy Agency’s remarks in its month report that the Organization of the Petroleum Exporting Countries and allies would need to increase output to meet demand. The IEA expects energy demand to recover to pre-pandemic levels by the end of next year.
OPEC said in its monthly oil market report on Thursday that it expects global oil demand to rise by 6 million barrels per day (bpd) this year from the lows of 2020, led by strong consumption in China and the United States, especially in the second half of the year.
According to Baker Hughes, the number of active U.S. rigs drilling for oil increased by six to 365 this week The total active U.S. rig count, which includes those drilling for natural gas, rose by five to 461, the report said.
Lore and impact of Michael Jordan’s 1997 ‘Flu Game’ still relevant 24 years later
No one tells Michael Jordan when he can or cannot play in a basketball game.
That's why, on June 11, 1997, despite the warnings of his mother, Deloris Jordan, and team officials, a dramatically sick Jordan took to the court for Game 5 of the 1997 NBA Finals between the Chicago Bulls and the Utah Jazz.
Everyone was aware of MJ's condition that night, except for Jazz coach Jerry Sloan, who revealed in the postgame press conference that he had no knowledge of his most dangerous opponent's physical condition.
Jordan recorded 38 points, seven rebounds, five assists and three steals in what has been dubbed the "Flu Game," pulling the Bulls ahead in a series they would go on to win in Game 6.
"That was probably the most difficult thing I've ever done," Jordan said following the game.
What to Cook This Weekend
By Sam Sifton
Good morning. It’s not high summer yet. It’s not even summer yet. But my thoughts about cooking are running very July. I’d like to be grilling this weekend, in a park or sideyard, or down on a beach burying clams and lobsters and corn under a cloak of coals. I’d like to have some fat Jersey tomatoes warm from the sun, and I’d like to slice them thick, douse them with brown butter and serve them with toast.