DF American Airlines stock surged 17% on Thursday after the airline updated its Q4 guidance and extended its card partnership with Citi. The company now expects payments from co-branded cards to grow 10% annually, contributing a potential $1.5 billion benefit to annual pretax income compared to 2024. The deal extends American’s 37-year co-branded partnership with Citigroup … Read more
Anthem Blue Cross Blue Shield announced an unpopular policy to cap anesthesiology coverage in Connecticut, New York, and Missouri, sparking criticism from patients and state officials. However, the state’s comptroller has reversed the decision, citing widespread concern and opposition. The initial policy would have limited anesthesia coverage to a specific time frame, excluding those under … Read more
Lululemon (LULU) reported better-than-expected third-quarter results, sending its shares soaring 16% higher on Friday. The company raised its full-year sales and profit forecasts for 2024, citing continued global momentum and growth in international markets. Revenue came in at $2.4 billion, exceeding analyst estimates of $2.36 billion. Earnings per share beat expectations by $0.56, hitting $2.87 … Read more
Colorado is seeing a significant increase in cases of walking pneumonia, particularly among young children, who are not typically susceptible to the illness. According to Dr. Kevin Messacar, an infectious disease specialist at Children’s Hospital Colorado, the number of cases has risen sharply since spring and peaked in September. Historically, walking pneumonia was most common … Read more
Amazon’s recent announcements in the field of artificial intelligence (AI) have sent shockwaves through the industry, with investors taking note of the company’s bold plans to dominate the AI landscape. The tech giant has been pouring billions of dollars into its AI research and development efforts, aiming to create a comprehensive suite of tools for … Read more
The Las Vegas Stadium Authority approved crucial documents on Thursday, paving the way for the Oakland Athletics to build a new $1.75 billion stadium on the Strip. The lease and non-relocation agreements cover 30 years, marking a significant milestone in the project. “We’re grateful to everybody who helped us get here today,” said Sandy Dean, … Read more
Design duo Toledano & Chan have created a unique timepiece, the B/1M, by incorporating part of the Muonionalusta meteorite into its design. The watch is made from an estimated $8,000-$16,000 piece of raw material, more expensive per gram than gold. Due to the rarity and cost of meteorite, each watch will have a unique appearance. … Read more
A proposed law in Texas aims to prohibit the sale of products containing tetrahydrocannabinol (THC), a psychoactive ingredient found in marijuana and hemp. The bill, Senate Bill 3, would restrict the sale of THC-containing products in coffee shops, dispensaries, and gas stations across the state. However, the proposal excludes products with cannabidiol (CBD), a non-intoxicating … Read more
A groundbreaking study published in Celestial Mechanics and Dynamical Astronomy suggests that our solar system can capture rogue planets or interstellar objects, potentially altering its dynamics. Researchers Edward Belbruno and James Green identified two types of capture points: weak and permanent, which occur when an object’s angular momentum and energy align with the Sun’s gravitational … Read more
A new law banning junk food ads is set to come into force from October next year. The restrictions apply to crumpets, croissants, scones, sugary breakfast cereals like granola and muesli, and other high-sugar products. Crumpets, often seen as a healthy afternoon snack, are actually highly processed and lack substantial fibre or protein. Their high … Read more