Disney parks buck travel slowdown
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at…
Disney parks buck travel slowdown
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, July 30, 2022. Octavio Jones | Reuters Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company’s experiences division on Wednesday. The experiences segment, which…
Next AI boom bet in market after memory chip trade may be photonics
Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a BlueField-4 STX Storage tray, from left, Vera CPU compute tray, and Spectrum-X Ethernet Photonics Switch System while holding a Spectrum-X Ethernet Photonics chip during a keynote address at the Nvidia GTC conference in San Jose, California, US, on Monday, March 16, 2026. Bloomberg…
Salad and Go files for Chapter 11 bankruptcy amid cyclospora
A Salad and Go restaurant in Phoenix, Az. Source: Google Earth Salad and Go has filed for Chapter 11 bankruptcy and is closing all existing locations on Wednesday. The company said in a statement to CNBC that it sought bankruptcy protection due to prior strategic growth challenges, weakening consumer demand and higher costs. Diner fears…
Google chief scientist Jeff Dean leaving company after 27 years
Jeff Dean, head of artificial intelligence at Google LLC, speaks during a Google AI event in San Francisco, California, U.S., on Tuesday, Jan. 28, 2020. David Paul Morris | Bloomberg | Getty Images Google’s AI divisions are getting reshuffled, the search giant announced on Wednesday, with chief scientist Jeff Dean leaving the company after 27…
Situational Awareness meltdown was warning shot
Leopold Aschenbrenner (L) and Bank of America CEO Brian Moynihan. Photo: Josh Edelson (L) | Oscar Molina (R) Bank of America CEO Brian Moynihan on Wednesday called the recent near-collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and borrowed money. Situational Awareness,…
Trump’s mass deportation agenda led to higher prices: immigration group
President Donald Trump‘s mass deportation campaign has caused the costs of groceries, homes and healthcare to rise and local economies to contract, a new report from the pro-immigration advocacy group America’s Voice. The group deems those added costs the “ICE Tax” — a reference to U.S. Immigration and Customs Enforcement — and on Wednesday released…
Abdul El-Sayed likely winner in Michigan Democratic Senate primary
Abdul El-Sayed, left, and Rep. Haley Stevens, D-Mich., are the Democratic Senate candidates from Michigan. Getty Images Abdul El-Sayed, the progressive, anti-establishment Democrat running for Senate in Michigan, likely defeated Rep. Haley Stevens in one of the most closely watched and impactful primary elections of the 2026 midterms. El-Sayed was ahead of Stevens by one…
Disney (DIS) earnings Q3 2026
Disney posted mixed quarterly results on Wednesday, far surpassing Wall Street expectations for earnings while slightly missing estimates for revenue. The company’s quarterly results were once again lifted by its parks and streaming divisions. Revenue for Disney’s experiences segment, which includes global theme parks and cruises, was up 10% year over year to $9.97 billion….
Uber (UBER) Q2 2026 earnings
Dara Khosrowshahi, CEO of UBER, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC Uber issued a forecast for bookings and earnings that trailed analysts’ estimates, while second-quarter profit was in line with expectations. Here’s how the company did versus analysts’ estimates compiled by LSEG:…
Oil prices move higher after Yemen’s Iran-backed Houthis claim Saudi tanker strike
Crude prices rebounded on Wednesday after Yemen’s Iran-backed Houthi miitants claimed they had struck a Saudi Arabian tanker in the Red Sea. Brent crude, the international price benchmark, was last seen trading at $80.32 a barrel, an increase of more than 1.2%, while U.S. West Texas Intermediate futures for September delivery rose 0.67% to $76.28….
