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AI is moving into the apartment market, taking over work orders, lease renewals, showings and more

AI is moving into the apartment market, taking over work orders, lease renewals, showings and more

Angel Santana Garcia | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future […]

AI is moving into the apartment market, taking over work orders, lease renewals, showings and more Read More »

Tapestry shares plunge nearly 16% as Coach parent says tariffs will bite into profits

Tapestry shares plunge nearly 16% as Coach parent says tariffs will bite into profits

People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | Reuters Shares of Coach and Kate Spade parent Tapestry plunged Thursday after the company said tariffs will bite into its profits even as sales grow. The company’s stock closed the day at $95.69, down nearly 16%. The handbag, shoe and

Tapestry shares plunge nearly 16% as Coach parent says tariffs will bite into profits Read More »

Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns

Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns

Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images As tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees. The largest private U.S. employer said Wednesday that it will offer a 10% employee discount on nearly all

Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns Read More »

Mediterranean chain Cava lowers forecast after disappointing same-store sales growth

Mediterranean chain Cava lowers forecast after disappointing same-store sales growth

Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter. For the full year, Cava now anticipates same-store sales growth of 4% to 6%, down from its prior range of 6%

Mediterranean chain Cava lowers forecast after disappointing same-store sales growth Read More »

FDA may pull authorization of Pfizer’s Covid vaccine for children under 5

FDA may pull authorization of Pfizer’s Covid vaccine for children under 5

A nurse prepares doses of the Pfizer vaccine during a COVID-19 vaccination event at Josephine’s Southern Cooking in Chatham, Illinois, Dec. 30, 2021. Brian Cassella | Tribune News Service | Getty Images The Food and Drug Administration is weighing revoking its authorization of Pfizer‘s Covid-19 vaccine for healthy children under the age of 5, the

FDA may pull authorization of Pfizer’s Covid vaccine for children under 5 Read More »

SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites

SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites

Jaque Silva | Lightrocket | Getty Images Satellite designer AST SpaceMobile said it’s preparing to deploy nearly five dozen satellites to power cellular-based broadband networks, a move that establishes the company as a rival to Elon Musk’s dominant SpaceX. The company, based in Texas, released its second-quarter earnings after the bell on Monday, reporting that

SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites Read More »

Quantum computing could be commercial real estate’s next big tailwind

Quantum computing could be commercial real estate’s next big tailwind

Parts of the IBM Quantum System Two are displayed at IBM Thomas J. Watson Research Center on June 6, 2025 in Yorktown Heights, New York. Angela Weiss | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities

Quantum computing could be commercial real estate’s next big tailwind Read More »

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