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NHL strikes first-ever deal with prediction markets Kalshi and Polymarket

NHL strikes first-ever deal with prediction markets Kalshi and Polymarket

Business News

The National Hockey League said Wednesday it’s reached a multi-year licensing agreement with prediction markets Kalshi and Polymarket. More sports leagues may be coming soon. Tarek Mansour, Kalsh’si co-founder and CEO, told CNBC’s “Squawk Box” the deal marked a “seminal moment” for prediction markets and the company. “A league like the NHL partnering with us […]

NHL strikes first-ever deal with prediction markets Kalshi and Polymarket Read More »

GM plans to launch eyes-off driving, Google AI and other new in-vehicle tech by 2028

GM plans to launch eyes-off driving, Google AI and other new in-vehicle tech by 2028

Business News

Mary Barra speaks onstage during WSJ’s Future of Everything 2025 at The Glasshouse on May 28, 2025 in New York City. Dia Dipasupil | Getty Images NEW YORK — General Motors is targeting a suite of new software initiatives for its vehicles over the next three years, including an in-vehicle artificial intelligence assistant from Google

GM plans to launch eyes-off driving, Google AI and other new in-vehicle tech by 2028 Read More »

Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds

Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds

Business News

Visitors are caught in the reflection of a store offering 50% off on all items on the Third Street Promenade in Santa Monica on July 16, 2024.  Genaro Molina | Los Angeles Times | Getty Images A steady stream of promotions across the fashion industry has left consumers suffering from “discount burnout” ahead of Black

Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds Read More »

Airbnb CEO Chesky says ChatGPT isn’t ‘quite robust enough’ to integrate into travel app

Airbnb CEO Chesky says ChatGPT isn’t ‘quite robust enough’ to integrate into travel app

Technology News

Airbnb CEO Brian Chesky said he wants to integrate ChatGPT artificial intelligence capabilities into the travel platform but the software isn’t ready. “The [software development kit] wasn’t quite robust enough for the things we want to do,” he told CNBC’s “Squawk Box” on Wednesday. Chesky said the company would “probably” want to integrate ChatGPT eventually.

Airbnb CEO Chesky says ChatGPT isn’t ‘quite robust enough’ to integrate into travel app Read More »

Here’s how much prices are rising across the fashion industry

Here’s how much prices are rising across the fashion industry

Business News

People shop for clothing at a Costco store in Monterey Park, California on November 22, 2022. Frederic J. Brown | Afp | Getty Images Prices are rising across the fashion industry – with jackets and outerwear seeing the steepest year-over-year increases, according to a new report from consulting firm AlixPartners published Wednesday.  The firm analyzed

Here’s how much prices are rising across the fashion industry Read More »

Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute

Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute

Business News

The Netflix logo is displayed at Netflix studios on October 7, 2025 in Los Angeles, California. Mario Tama | Getty Images Shares of Netflix fell as much as 7% after the company posted a third-quarter earnings miss after the closing bell Tuesday. The streamer cited an ongoing dispute with Brazilian tax authorities for the weaker-than-estimated

Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute Read More »

Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’

Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’

Technology News

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling

Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’ Read More »

Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro

Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro

Business News

Still from Netflix’s “KPop Demon Hunters.” Netflix Netflix is partnering with both Hasbro and Mattel to bring “KPop Demon Hunters” toys to shelves. The animated film, which debuted on the streaming service in June, has become Netflix’s most popular film of all time, with more than 325 million views worldwide. Its popularity has spurred Netflix

Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro Read More »

Defense companies raise 2025 outlooks on higher demand

Defense companies raise 2025 outlooks on higher demand

Business News

Defense and aerospace giants raised their outlooks for the year on Tuesday, citing stronger demand despite economic uncertainty and tariffs. GE Aerospace, Northrop Grumman, RTX and Lockheed Martin each beat third-quarter Wall Street profit estimates, with only Northrop missing revenue estimates, based on a survey of analysts by LSEG. GE, which is both a defense

Defense companies raise 2025 outlooks on higher demand Read More »

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