Author: Editor

If you blindfolded an American tourist and plopped them on the Cotai Strip in Macao, they might take one look at the Venetian hotel and the replica Eiffel Tower and assume they were in Las Vegas.Like Las Vegas, Macao — a special administrative region of China — is transforming itself with fresh entertainment, waterparks, spas, fine dining and sports.This week Las Vegas Sands is hosting two NBA games in Macao, a return for the basketball league after a six-year absence from China. The company’s president and chief operating officer, Patrick Dumont, owns the NBA’s Dallas Mavericks and was pivotal in…

Polignano a Mare in the Region of Puglia. Italy.Artur Debat | Moment | Getty ImagesUnited Airlines’ summer 2026 international travel plan is out, and smaller European cities are in.Starting April 30, United plans to fly from its hub at Newark Liberty International Airport in New Jersey to Split on the Croatian coast — its second destination in the country. A day later the carrier is launching Newark to Bari in the popular Puglia region of southern Italy on the Adriatic Sea.May 22 is the scheduled launch of a nonstop from Newark to Santiago de Compostela, in the Galicia region of…

A Delta Air Lines Airbus A220 airplane prepares to takeoff at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 10, 2025. Saul Loeb | Afp | Getty ImagesDelta Air Lines CEO Ed Bastian told CNBC that the carrier’s operation is running smoothly despite the federal government shutdown, but if it goes another 10 days that could change.More than 13,000 U.S. flights were delayed this week, some of them due to shortages of air traffic controllers, raising concerns about strains on the country’s aviation industry during the shutdown.Transportation Secretary Sean Duffy warned Monday that the Federal Aviation Administration is seeing a…

Delta Air Lines Flight Museum in Atlanta, Ga.Leslie Josephs/CNBCDelta Air Lines forecast a better-than-expected end to 2025 thanks to rising airfares and resilient luxury travel demand.The airline on Thursday projected adjusted earnings of between $1.60 and $1.90 a share for the fourth quarter, compared with the $1.65 per share analysts polled by LSEG were expecting. Revenue in the last three months of the year will grow as much as 4%, Delta said, above the 1.7% Wall Street expects.”Looking to 2026, Delta is well positioned to deliver top-line growth, margin expansion and earnings improvement consistent with our long-term financial framework,” CEO…

FILE PHOTO: Cans of Pepsi are seen at the PepsiCo Walkers factory in Leicester, Britain, August 14, 2024. Hollie Adams | ReutersPepsiCo on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as international growth offset another quarter of declining volume in North America.Shares rose nearly 2% in premarket trading.Here’s what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $2.29 adjusted vs. $2.26 expectedRevenue: $23.94 billion vs. $23.83 billion expectedPepsi reported third-quarter net income attributable to the company of $2.6 billion, or $1.90 per share, down…

Ferrero North America is planning to spend more than $100 million on marketing campaigns tied to the Super Bowl and World Cup next year.The sports push comes as the confectioner’s parent company drives further into the United States through acquisitions and investments in domestic production. Ferrero, which was founded in Italy but is now based in Luxembourg, entered North America nearly a half century ago, but the company only really started investing in the market over the past decade.In July, Ferrero bought cereal maker WK Kellogg for $3.1 billion, the latest in a deal spree that included snapping up Nestle’s…

Thirteen years after its last brand update, Domino’s Pizza is proving that even a category leader can’t afford to coast.Domino’s, the world’s largest pizza chain by annual sales and stores, unveiled a rebrand on Wednesday.CMO Kate Trumbull told Business Insider that the refresh — 20 months in the making and complete with a new logo, jingle, and packaging — reflects a philosophy she sums up simply: “There’s risk in doing nothing.””Some brands have to do these things when they’re struggling, and we wanted to launch a refresh from a place of strength,” Trumbull said. “There is risk, certainly, to doing…

AI is rapidly reshaping the business game, creating a few clear winners — and a stadium full of spectators.According to a new report from Boston Consulting Group, only 5% of companies in its 2025 study of more than 1,250 global firms are seeing real returns on AI.Meanwhile, 60% of companies have seen little to no benefit, reporting only minimal increases in revenue and cost savings despite making substantial investments.BCG said that industries like software, telecommunications, and fintech have the highest levels of “AI maturity,” which the firm defines as “the ability to create value at scale.” Meanwhile, fashion and luxury,…

Top strategist Paul Dietrich has warned that the AI boom is a bubble, and suggested where investors should take shelter.Those betting on the tech are wagering it will supercharge productivity and mint profits for the businesses harnessing it, fueling a growing debate about whether surging AI stocks warrant their sky-high valuations or are destined to crash.Dietrich, Wedbush’s chief investment strategist, told Business Insider that the bull run reminded him of the hype and speculation during the dot-com bubble in the late 1990s and the housing bubble in the mid-2000s.”They made no sense,” he said. “Things just kept going up and…

Billionaire Julian Robertson died more than three years ago, but there are still new hedge funds being launched that can trace their lineage back to his legendary Tiger Management.One of the biggest, soon-to-be additions to the Tiger family tree is Daniel Senft’s NX1 Capital, which is set to launch in January with at least $1 billion. Senft, the former head of public equities at Philippe Laffont’s Coatue, has begun making key hires, including an old coworker, a person familiar with the firm told Business Insider. Coatue ranks among the original Tiger Cubs, the now-famous network of Robertson’s proteges.Former Coatue data…