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Business News

Location American Business News for 7 August 2024

Airbnb just dropped more bad news about the US consumer

Business Insider - 7 Aug 2024 01:53
The company reported weakening demand from US customers as people book trips closer to travel dates rather than in advance.
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My home insurer is spying on me

Business Insider - 7 Aug 2024 11:54
My home insurer is spying on me My journey into the surreal, infuriating future of homeowners insurance.
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JPMorgan Sees 'Buy the Dip' Opportunity After Market Selloff Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts see a potential “buy the dip” opportunity as the rotation out of ...
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NYC police union backs controversial bill to regulate hotels, which owners call 'nuclear bomb' for industry The union representing New York City police officers has endorsed controversial legislation to more strictly regulate hotels, which owners of inns claim will crush the Big Apple's lodging industry.
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UK recovery 'will accelerate and force Bank to keep interest rates higher for longer' Niesr forecasts raise doubts over chance of further cuts by Bank of England before end of year The UK's economic recovery will accelerate over the next year, forcing the Bank of England to keep interest rates higher for ...
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Reddit reports second-quarter revenue beat and narrower-than-expected loss Reddit Inc. reported its second quarterly results as a public company Tuesday, with the social-media platform reporting better-than-expected revenue and a narrower-than-expected loss, and giving sales guidance that surpa...
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Elon Musk sues Unilever and Mars over X 'boycott' The social media site claims the firms unfairly deprived it of billions of dollars of advertising revenue.
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Citi slapped with sexual harassment lawsuit: 'toxic alliance' It is the latest legal scandal to engulf the Wall Street giant that has faced repeated criticism about its working culture and its treatment of female employees.
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Missing 'Cryptoqueen' Ruja Ignatova has assets frozen by UK court The "Cryptoqueen" has not been seen since 2017, as investigative authorities worldwide continue to seek information on her whereabouts.
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Inside the hard-partying, big-spending world of Wall Street's summer interns They're making more and working less than in years past -- leaving plenty of time to hit the bars.
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How to eat like an ancient Olympic athlete: figs, feta, and liver Max Miller of "Tasting History" created a recipe from Ancient Greece in honor of the games' early athletes. Many ate vegetarian diets at first.
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Bumble's stock stumbles nearly 30% as dating app expects tougher times ahead Online-dating woes hit Bumble Inc., which guided for lower revenue growth for the year and current quarter.
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Warner Bros. Discovery says it overpaid for its TV networks by $9 billion Warner Bros. Discovery CEO David Zaslav just admitted that he has a huge problem: His traditional TV networks like TBS and TNT are circling the drain.
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Google Workspace VP Bob Frati has left after just over a year at the company Google's Workspace group has lost another leader as VP Bob Frati departs to "explore other opportunities."
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Mortgage Rates Are Going Down. Should You Refinance Your Mortgage Now? Should you refinance your mortgage? Mortgage rates are down, but you'll need to make sure they've dropped enough for you to save on your mortgage payment.
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The new Miss USA went from West Point to the pageant stage Alma Cooper competed in her first pageant in a dress she found on Facebook, paying for the fees with her Auntie Anne's paycheck. Now she's Miss USA.
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The most Midwestern things Minnesota Gov. Tim Walz has ever done Tim Walz's rural background and Midwestern dad image don't just make for amusing stories — they've added real momentum to Kamala Harris' campaign.
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NASA admits it's been working with SpaceX on a backup plan to retrieve Boeing's 2 stuck astronauts. It doesn't sound ideal. NASA astronauts Butch Wilmore and Suni Williams rode a Boeing spaceship to the space station. They might fly SpaceX on the return trip — in February.
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OpenAI quietly releases a cheaper, more powerful GPT-4o update as the company faces leadership exodus and fierce competition in the rapidly evolving AI landscape.
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Adobe has been leaning on AI models and adding the technology to its creative platforms, with the integration of the AI engine Adobe Firefly
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New survey reveals 84% of tech execs support AI copyright reform, highlighting urgent need for updated regulations in data privacy, security, and ethical AI use.
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It has been nearly 17 months, or about 1.5 years, since OpenAI released GPT-4, its last major new foundation model class.
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