Featured Podcasts The Upstart Podcast: May Habib, from the writer: Creating AI tools for ‘normal people’ in companies that labs leave behind Veteran technology journalist Alex Konrad sits down with breakout entrepreneurs who are embracing the status quo to shake up their fields in AI, design, nuclear power, space and more. Subscribe to the The Upstarts podcast. The Nick, Dick and Paul Show: A Nick, Dick and Paul Buffet! Nick Bilton, Dick Costolo and Paul Kedrosky lift the curtain on AI, startups and the future that’s hurtling towards us, all with a healthy dose of irreverence. Subscribe to the Nick,…
Author: Stacey D. Walls
Key PointsRafael Nadal says he has reached the next chapter of his life after retiring from tennis in 2024.A documentary about Nadal’s life, “Rafa”, debuted on Netflix on May 29.Nadal said he would not rule out becoming a coach in the future, but said it was not part of his short-term plans.Rafael Nadal will not follow Serena Williams into professional tennis. Nadal told CNBC Sport “this chapter is closed”, days after compatriot Williams said she would compete in professional events again at age 44. Nadal, 40, retired in November 2024 after suffering a series of injuries. “I am very proud…
Filippobacci | E+ | Getty ImagesLuxury spending is expected to rebound this year, driven primarily by experiences rather than luxury goods, according to a new study.After two years of decline, sales of luxury goods are expected to grow between 1% and 4% in 2026, according to a report from Bain & Co. and Altagamma. Sales of personal luxury items are expected to reach between 365 billion and 373 billion euros ($413.6 billion and $422.7 billion) this year.Tensions in the Middle East continue to slow sales. Dubai, in the United Arab Emirates, was one of the world’s fastest-growing luxury markets before…
Featured Podcasts The Upstart Podcast: May Habib, from the writer: Creating AI tools for ‘normal people’ in companies that labs leave behind Veteran technology journalist Alex Konrad sits down with breakout entrepreneurs who are embracing the status quo to shake up their fields in AI, design, nuclear power, space and more. Subscribe to the The Upstarts podcast. The Nick, Dick and Paul Show: A Nick, Dick and Paul Buffet! Nick Bilton, Dick Costolo and Paul Kedrosky lift the curtain on AI, startups and the future that’s hurtling towards us, all with a healthy dose of irreverence. Subscribe to the Nick,…
2027 GMC Sierra 1500 AT4X (left) and Denali Ultimate modelsCourtesy of GMCDETROIT – General engines on Thursday revealed its 2027 GMC Sierra 1500 pickup truck lineup with new V-8 engine options and redesigned interior and exterior styling.GMC’s new trucks are critical to the automaker’s sales and profits, particularly the highly profitable Denali luxury models and AT4 off-road models that account for about half of the vehicle’s current sales, according to GM. These models feature unique parts, accessories and equipment to increase the company’s prices and profits.GM announced Thursday that it is narrowing its model lineup for the next-generation Sierra to…
An Olive Garden restaurant in Milpitas, California, United States on Tuesday, December 16, 2025. David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants reported mixed quarterly results on Thursday as same-store sales growth at the company’s fine dining restaurants and Olive Garden fell short of expectations.The company’s guidance for fiscal 2027 earnings and revenue also comes in at the lower end of Wall Street projections.The company’s shares fell more than 1% in morning trading.Here’s what the company reported for its fiscal fourth quarter ended May 31, compared to what Wall Street expected, based on a survey of analysts by LSEG:Earnings…
Co-CEOs of Commercial & Investment Bank at JPMorganChase, Troy Rohrbaugh and Douglas Petno.Courtesy: JPMorganChaseJPMorgan Chase on Thursday, promoted two of its top executives to newly created co-chairman positions, marking the latest step in long-running CEO Jamie Dimon’s succession planning, while also announcing the retirement of one of Dimon’s most prominent potential successors.Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since early 2024, have been named co-presidents of JPMorgan effective immediately, according to a regulatory filing.As part of the changes, Petno becomes sole CEO of the commercial and investment banking division, while Rohrbaugh…
Violetastoimenova | E+ | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide for wealthy investors and consumers. Register to receive future editions, straight to your inbox.Donors gave about $617.2 billion to U.S. charities last year, up 5.7% from the previous year, following a meteoric rise in the stock market, according to a Giving USA report released this week. These results mark the first time annual giving has exceeded $600 billion in the 60-year history of the annual philanthropy report, published by the Giving USA Foundation. Adjusted for inflation, donations…
Featured Podcasts The Upstart Podcast: May Habib, from the writer: Creating AI tools for ‘normal people’ in companies that labs leave behind Veteran technology journalist Alex Konrad sits down with breakout entrepreneurs who are embracing the status quo to shake up their fields in AI, design, nuclear power, space and more. Subscribe to the The Upstarts podcast. The Nick, Dick and Paul Show: A Nick, Dick and Paul Buffet! Nick Bilton, Dick Costolo and Paul Kedrosky lift the curtain on AI, startups and the future that’s hurtling towards us, all with a healthy dose of irreverence. Subscribe to the Nick,…
Don Clark / New York Times: IBM details a 0.7nm chip manufacturing process that uses a 3D “nanostack” transistor architecture, which it says can sustain chip innovation for 10 years— Industry executives feared that innovations in chip miniaturization would no longer be possible.