Author: Editor-In-Chief
lift CEO David Risher defended the company’s fourth-quarter results Wednesday, telling CNBC that consumer demand remains strong. “We achieved record profits and generated more than $1 billion in cash, which is the result of a customer-focused strategy that continues to work and continue to grow the company,” he told CNBC’s “Squawk Box.” “So please like what we see. We don’t pander to the consumer side at all.”Shares fell 15% Wednesday after passenger numbers missed Wall Street expectations.The ride-sharing company reported 29.2 million active passengers in the quarter, lower than the 29.5 million expected by analysts. A total of 243.5 million…
Attorney General Pam Bondi on Wednesday responded to intense questions from House Democrats about the Trump administration’s handling of the Jeffrey Epstein file, accusing them of ignoring stock market gains and other political victories for President Donald Trump.”The Dow is now over 50,000,” Bondi said in sworn testimony before the House Judiciary Committee after New York Rep. Jerrold Nadler criticized his failure to indict any of Epstein’s potential co-conspirators.After celebrating the Dow Jones Industrial Average’s rise, Bondi said the S&P 500 is also up, the Nasdaq is “breaking records,” and Americans’ retirement accounts are “booming.” “That’s what we should be…
South Africa escaped a shocking upset against Afghanistan in a stunning match that saw them play two super overs for the first time in T20 World Cup history.Afghanistan miraculously took the match to a super over after Kagiso Rabada’s disastrous final over (including three extras) allowed the inferior side to equal South Africa’s total of 187 on the last ball of the match. After one super over, the inferior team’s total of 17 looked strong, but South Africa’s Tristan Stubbs’ last six balls incredibly brought the match to a historic second super over. After Proteas scored 24 runs, opener Rahmanullah…
TechCrunch Disrupt 2026, taking place from October 13th to 15th at Moscone West in San Francisco, will bring together more than 10,000 founders, investors, executives, and decision makers. This is more than just an event. Three days of intensive trade flow. Exhibition tables turn that energy into visible business growth. Your startup doesn’t need any more “awareness.” It requires customers, investors and strategic partners. Reserve your exhibition table at Disrupt today and learn more about our program. How exhibiting at Disrupt can drive real growth Image credit: Slava Blazer Photography Direct access to buyers and decision makersExpo Hall is where…
The cross-border migration of the world’s wealthiest families is accelerating in what experts are calling the largest transfer of personal wealth ever recorded. Advisers who work with ultra-wealthy clients told CNBC that demand for cross-border migration, residency planning and citizenship consulting services is being driven by geopolitical tensions and sudden policy shifts. A report by Swiss multinational investment bank UBS found that 36% of the 87 billionaire clients surveyed have already moved at least once in 2025, and a further 9% are considering doing so. Among billionaires under the age of 54, 44% emigrated last year. Families are increasingly aware…
This photo illustration shows the Threads logo on a mobile phone on September 4, 2024 in Rio de Janeiro, Brazil. Mauro Pimentel | AFP | Getty Imagesmeta On Wednesday, it debuted an AI feature called “Dear Algo” that allows Threads users to personalize their content recommendation algorithms.Users of threads can tell the Dear Algo tool what kinds of posts they want to see, similar to how people interact with chat bots like OpenAI’s ChatGPT using written prompts.This feature is the latest example of how Meta continues to incorporate artificial intelligence into its various apps, including Threads. The social media company…
Looking ahead to a second round of talks with the United States, Iranian officials say they are ready to discuss nuclear issues, but will draw the line at ballistic missiles.listen to this article | 4 minutesinformationAn adviser to Iran’s supreme leader said Iran has no intention of compromising on its missile capabilities, hinting at a potential impasse in negotiations with the United States.Ali Shamkhani made this statement on Wednesday during an event commemorating the 47th anniversary of the Islamic Revolution. “The Islamic Republic’s missile capabilities are non-negotiable,” state media quoted him as saying.Recommended stories list of 3 itemsend of listHis…
Is Villa’s season losing momentum?Aston Villa vs Brighton – Wednesday, 7.30pm Aston Villa’s home form has seen them third in the Premier League, with their side turning Villa Park into a fortress under manager Unai Emery. They were unbeaten in 18 matches in the competition last season, but this time they had won eight in a row before a recent worrying drop. Loss at home to Everton and Brentford halted their momentum and if they lost against Brighton there would be real panic at Holte End. Manchester United and Chelsea are in the hunt for Villa. Liverpool are not far…
When Sam Blond left his job as a VC at Founders Fund a year ago, just 18 months after joining the company, he told the world that being a VC wasn’t for him and he was “going back to management.” On Wednesday, he officially brought his new startup, Monaco, out of stealth. The company was co-founded by his brother, Brian Blond, also a former sales professional turned VC. (Brian is a partner at Human Capital and previously worked at Sutter Hill.) The brothers were joined by two other co-founders, Abhishek Viswanathan (formerly CPO at Apollo and Qualtrics) and Murray Desai…
A job seeker speaks with a recruiter behind an event sign during the WorkSource North Seattle Career Fair on Tuesday, February 10, 2026 in Seattle, Washington, USA. David Ryder Bloomberg | Getty ImagesJanuary’s nonfarm employment report beat Wall Street expectations for both job creation and unemployment. Here are the top 5 important points:From a headline perspective, the news was good. Nonfarm payrolls increased by 130,000 people, and the unemployment rate fell to 4.3%. The unemployment rate is thanks to booming household employment of 528,000 people. The Dow Jones consensus was for 55,000 jobs and an unemployment rate of 4.4%. Wages…