Author: Editor

I started dating my husband, Daniel, during our junior year of college. However, our relationship was mostly long-distance when we were away from school. Arkansas was my home base, and Georgia was his.Once we graduated, we even maintained our relationship while traveling and living in separate countries.We knew our ultimate goal was to get married, and we didn’t want to be in a long-distance relationship anymore. So, we discussed getting an apartment together, either in my hometown or his.However, neither set of parents was happy about our potential plan to live alone together before marriage. Although Daniel and I no…

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American Express is bringing Airbnb into its travel rewards platform. The companies on Thursday announced a new partnership to bring more than 1 million Airbnb listings to Amex’s travel portal and allow cardholders to earn rewards when booking the stays. It does not currently allow members to redeem points to pay for Airbnb bookings.The launch adds Airbnb rentals to Amex’s hotel portfolio, which includes more than 3,400 properties across its Fine Hotels + Resorts and The Hotel Collection programs. Amex members with either the consumer or business Platinum card can also now apply their $600 annual lodging credit — previously…

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Target is doubling down on its SoHo concept store.Less than a year after remodeling the store’s main floor, the bullseye retailer went back in to reimagine the rest of the footprint that anchors Target in one of the world’s top shopping districts.”It was probably more of a glorified convenience store,” Target’s chief brand officer Michelle Mesenberg told Business Insider during an exclusive walkthrough ahead of Thursday’s reopening.Located at the corner of Broadway and East Houston Street, the SoHo store shares the block with trendy shops like Prada, Arc’teryx, and Allsaints. While last year’s renovation bumped up the store’s aesthetics, Mesenberg…

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Comcast beat Wall Street’s expectations for third-quarter earnings — despite headwinds in its theme parks business — thanks to continued strength in its media unit. The company’s Peacock streaming service reported a quarterly profit for the second time since its launch in 2020, posting $261 million in adjusted earnings before interest, taxes, depreciation and amortization on $1.8 billion in revenue. Peacock maintained 48 million paid subscribers, flat from last quarter and up 17% year over year. Comcast said the streamer demonstrated strong retention despite raising subscription prices in August.The platform continued to reap the benefits of record-high viewership for the…

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Procter & Gamble on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growing demand for its laundry detergent and home care products.Shares of the company rose more than 5% in morning trading.Here’s what the company reported for the three-month period ended Sept. 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $2.00 adjusted vs. $1.88 expectedRevenue: $23.3 billion vs. $22.8 billion expectedP&G reported fiscal first-quarter net income attributable to the company of $4.73 billion, or $1.97 per share, down from $4.75 billion, or $1.95 per share, a year earlier.Excluding restructuring…

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American Airlines forecast deeper losses this year as record revenue failed to help the airline recover from this year’s spike in fuel costs. The carrier plans to slow its capacity growth next year as a result.American on Thursday said it expects to lose between $1 and $1.60 a share, on an adjusted basis for the full year. In July, it forecast earnings of up to 65 cents a share to a loss of as low as 65 cents a share.The airline’s stock was down about 4% in premarket trading.”American delivered record third-quarter revenue and the strongest year-over-year revenue growth in my career, with premium performance leading the way,”…

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David’s Bridal is planning to spin off its artificial intelligence platform, Pearl, into a stand-alone publicly traded company targeting a valuation of roughly $350 million, CNBC learned exclusively.The company expects the deal to close in the first half of 2027.David’s Bridal filed a nonbinding letter of intent on Thursday to separate out Pearl. The AI-centered business would own David’s Bridal’s intellectual property and look to build on its growing AI model, while the original company would try to strengthen its physical retail business. “We have a fast-growing, high-margin business generating positive cash flow right now in Pearl, and going public…

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Christmas came early: Elon Musk wants American children to own stock in his space company, SpaceX, next year.Musk wrote on X around 1 a.m. Monday that he planned to make the donation next year — “the first of many,” he said. SpaceX went public this summer.Giving one share to each of the estimated 72 million US children would cost roughly $10.7 billion at SpaceX’s closing price of $147.92 on Friday. Musk’s 4.77 billion SpaceX shares were worth about $706 billion at that price, so the gift would reduce his holdings by about 1.5%.President Donald Trump said on Truth Social on…

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This as-told-to essay is based on a conversation with Bridget Griswold, the 25-year-old CEO of Lean In, who lives in San Francisco. It’s been edited for length and clarity.I fell in love with technology at Brown University, where I studied computer science and business. I worked with two female professors to build a robot. I interned at a semiconductor manufacturing company and also loved design and art.Product management felt like a really wonderful combination of all those interests, and that was my role at Meta a year after graduating from college. My team and I redesigned the Instagram search grid,…

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Barclays said it’s cutting 5,000 jobs, or around 5% of its full-time workforce, as it increases its reliance on AI.The British bank said in its third-quarter earnings statement that it is “structurally reducing” its costs through “technology-enabled” head count reductions.Barclays laid out the numbers in its accompanying earnings presentation, linking the cuts specifically to “organisational simplification and technology change efficiency driven by AI.”Around 60% of the cuts will impact support functions, including developers, according to the presentation. Coding has become one of the main business use cases for AI across industries, causing some companies to cut back on developers.Anna Cross,…

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