Elon Musk invests $1 billion in Ellison’s Skydance
The scoop Elon Musk has invested about $1 billion in Skydance, according to people familiar with the matter, providing a much-needed financial injection as the company seeks to cut costs and strengthen its stock price. The deal closed around the same…
Cruise lines are chasing luxury travelers with bigger, more expensive suites
The latest push in high-end travel is taking place on the high seas, as cruise lines increasingly rely on luxury offerings. On Regent’s Seven Seas Splendor, an all-luxury ship, staterooms cost between $1,800 and $15,000 per night for its…
Pepsi renews contract with Taco Bell after KFC Coke deal
A staff member is seen at a Taco Bell restaurant in London. May James | Sopa Images | Light flare | Getty Images PepsiCo and Taco Bell have renewed their longtime partnership through 2036, the food and beverage company announced Thursday. This…
Amex Platinum Adds Airbnb Credits, Changes Hotel Credit
The card’s benefits are constantly evolving and today it’s American Express’ turn to announce changes to one of the card’s main benefits. American Express® Platinum Card And The American Express Business Platinum® Card. Most of…
More than 27 people sick after salmonella outbreak from raw oysters
WNBA antagonist was denied entry to Finals game after refusing to sit in private suite Showing that his trolling game is in postseason form, former NBA player Enes Kanter Freedom attempted to play in Game 3 of the WNBA Finals on Wednesday night. He never…
Meta and chip stocks decline as AI business comes under pressure: AlphaCheck
Good morning. Stocks fell Thursday as semiconductor names fell, with AI trading ending following quarterly results from Meta (META) and Tesla (TSLA). Shares of the electric vehicle maker recovered their initial losses while Meta fell 6%. The Technology…
Tesla stock falls despite higher third-quarter profits and better-than-expected capital spending
Tesla (TSLA) reported better-than-expected third-quarter earnings, with free cash flow and capital spending beating Wall Street estimates. Tesla reported third-quarter revenue of $28.05 billion, compared to a Bloomberg consensus of $28.13 billion. Tesla…
Comcast Q3: ‘The Odyssey,’ Peacock and NBCU profits split in advance
Ulysses and its intrepid crew cruised through Comcast’s final quarter as Universal surpassed $5 billion at the worldwide box office, led by The Odysseynow the highest-grossing Universal film of all time. Christopher Nolan’s blockbuster film…
Chip stocks fall as equipment maker Lam Research cites ‘supply chain constraints’
Semiconductor stocks fell premarket Thursday as a major equipment supplier cited supply chain constraints during its earnings call. The PHLX Semiconductor Index (SOXX) fell 4% on investor concerns that such limitations could potentially hurt chip sales.…
Airbnb guests freed from tasks involving ‘significant effort’ under new global rules | World News
Airbnb hosts will no longer be able to ask travelers to dismantle beds or wash dishes under the accommodation platform’s new rules. The changes, which apply to Airbnb reservations covered by the platform’s global policy, will take effect on…