Author: Editor-In-Chief
Wearable startup CUDIS is launching its latest series of health rings this week. The updated Ring comes with a number of features, including an AI “Agent Coach” designed to help users reach their fitness goals. CUDIS says it differentiates itself from other wearable products by not only providing health metrics but also encouraging healthy behaviors through a points system. Users can earn digital “health points” for healthy behaviors such as daily sleep, 10,000 daily steps, sports activities, and conversations with Ring’s AI coaches, and redeem them for discounts on health supplements and other products through an integrated marketplace. Ring’s AI…
Lyubomir Vorona | iStock | Getty ImagesAccording to several recent studies, the prospect of being replaced by artificial intelligence is scaring high-income workers, leading them to stay on the job longer.One of the most-watched indicators, the University of Michigan Consumer Survey, shows confidence in the labor market among high-income earners near historic lows dating back to the late 1970s. Similarly, the New York Fed’s monthly consumer survey shows unemployment fears near record highs.Finally, payroll firm ADP notes that turnover rates in traditionally white-collar jobs are near record lows.What is the reason for the trend? “White-collar jobs may be at greater…
kavaThe fast-casual Mediterranean restaurant chain on Tuesday reported record earnings for fiscal year 2025 and projected sales growth for fiscal year 2026.Shares rose more than 20% in midday trading Wednesday. “There are a lot of factors around us that create pressure from a margin standpoint, but our model has allowed us to be very thoughtful and minimize price increases for our guests and the general consumer. This really helps us increase our value perception,” Chief Financial Officer Tricia Tolliver told CNBC. The company said it saw a pullback among younger consumers last quarter, but that trend ended in the final…
OpenAI CEO Sam Altman attended an enterprise AI sales event held in Tokyo on February 3, 2025.Kim Kyung Hoon | ReutersJoshua Kushner’s Thrive Capital invested about $1 billion in OpenAI in December at a valuation of $285 billion, people confirmed Wednesday.It’s a sweet deal for the venture capital firm, which has long been one of the major financial backers of artificial intelligence startups. OpenAI has completed a major funding round totaling over $100 billion and potentially increasing the company’s valuation to $800 billion. Thrive’s investment late last year was a separate deal, but the company is likely to participate in…
Larry Summers, former Secretary of the Treasury, President Emeritus and Professor at Harvard University, attends the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho.Kevin Dietch | Getty ImagesFormer U.S. Treasury Secretary Larry Summers, who has clung to his past friendship with Jeffrey Epstein, announced Wednesday that he will resign from his teaching position at Harvard University by the end of this year.Mr. Summers previously served as president of Harvard University. His resignation comes as the university investigates emails and other documents detailing Summers’ relationship with Epstein that the Justice Department and Congress released in…
WASHINGTON (AP) — President Donald Trump called for it in his first policy. state of the union address As he tries to sell Americans on the idea of a booming economy, falling prices and booming jobs, he has a much darker picture for a skeptical public. In fact, just 12 hours before his speech, the Conference Board, a business research group, released its latest report. consumer trust Report. This showed that overall confidence in the economy remains at historically low levels, barely above the level it sank to at the height of the coronavirus recession. In February, the index rose…
Manchester United chief executive Omar Berrada said the club was reaping the “positive financial effects” of a retrenchment program after its latest accounts showed an increase in profits despite a fall in revenue, but a return to the Champions League appears essential. United’s men’s team, which has not played any European football matches this season, made an operating profit of £32.6m in the first six months of the financial year (compared to a loss of £3.9m in the same period last year). Operating profit for the most recent quarter was £19.6m, compared to £3.1m in the same period last year.…
Let’s check out the companies that are becoming a hot topic for after-hours trading. Lucid Group — The electric vehicle maker’s stock price fell more than 4%. In the fourth quarter, Lucid posted a better-than-expected loss of $3.62 per share, despite higher-than-expected sales. Lucid recently cut its U.S. workforce by 12%. Workday — Shares of Workday fell nearly 10% after the AI-powered workplace platform said it expects first-quarter subscription revenue of $2.34 billion, according to LSEG. This was slightly below the $2.35 billion expected by analysts. The company also reported disappointing non-GAAP operating margin estimates for the first quarter. CoStar…
Dr. Richard Axel at Le Bernardin Prive in New York, July 26, 2017.Craig Barritt Getty ImagesNobel Prize-winning scientist Dr. Richard Axel has announced that he is stepping down as co-director of Columbia University’s Zuckerman Institute for Mind, Brain, and Behavior due to his high-profile relationship with notorious sex offender Jeffrey Epstein.”My past relationship with Jeffrey Epstein was a serious error in judgment, and I deeply regret it,” Axel, 79, said in a statement Tuesday.”I apologize for hurting the trust of my friends, students, and colleagues,” Axel said in a statement. “I recognize the problems this has caused and will work…
Evan Glassman has been visiting Utah’s Deer Valley for more than a decade, drawn to the meticulously maintained trails, reliable service, and convenient location, a four-hour flight from his home in New York. That loyalty lasted for years, until this winter. This season, Glassman moved his annual family ski trip to nearby Solitude Mountain Resort and Brighton Resort. These two mountains are popular with locals for their steep terrain and low prices. On peak days, a one-day lift ticket in Deer Valley can reach about $340, while in Brighton it’s about $137, a difference of more than $200 per person.…