Todd Kahn, CEO and brand president of Coach, discusses the brand’s growth, attributing much of its recent success to a strategic focus on Gen Z consumers. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)
Todd Kahn, CEO and brand president of Coach, discusses the brand’s growth, attributing much of its recent success to a strategic focus on Gen Z consumers. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)
Gold steadied, after jumping 2% on Wednesday, with many Asian markets closed for Lunar New Year holidays and traders focused on the Federal Reserve’s next move on interest rates. Bullion was near $4,980 an ounce in early trading, after dip-buyers were active in the previous session following a two-day decline. The market has been unusually choppy since a historic rout at the turn of the month, whi...
Gold steadied, after jumping 2% on Wednesday, with many Asian markets closed for Lunar New Year holidays and traders focused on the Federal Reserve’s next move on interest rates. Bullion was near $4,980 an ounce in early trading, after dip-buyers were active in the previous session following a two-day decline. The market has been unusually choppy since a historic rout at the turn of the month, which pulled gold back from an all-time peak above $5,595. Fed officials appeared surprisingly wary of cutting rates when they met last month, according to the minutes of the US central bank’s Jan. 27-28 policy meeting, released Wednesday. That could put the central bank on a collision course with President Donald Trump, complicating the task of Trump’s nominee for chair, Kevin Warsh . Read More: Fed Reveals Surprise Shift as Several Officials Ponder Hike Meanwhile, the dollar climbed following data underscoring a resilient American economy. US industrial production rose by the most in nearly a year last month, while a separate report showed orders for core capital goods increased by more than expected in December. The Bloomberg Dollar Spot Index , a gauge of the US currency, rose 0.5% on Wednesday. Spot gold rose 0.1% to $4,981.64 an ounce as of 7:26 a.m. in Singapore. Silver added 0.4% to $77.4763. Platinum and palladium were flat.
Research suggests more than 75,000 killed in the first 16 months of conflict, 25,000 more than announced at the time More than 75,000 people were killed in the first 16 months of the two-year war in Gaza, at least 25,000 more than the death toll announced by local authorities at the time, according to a study published on Wednesday in the Lancet medical journal. The research also found that report...
Research suggests more than 75,000 killed in the first 16 months of conflict, 25,000 more than announced at the time More than 75,000 people were killed in the first 16 months of the two-year war in Gaza, at least 25,000 more than the death toll announced by local authorities at the time, according to a study published on Wednesday in the Lancet medical journal. The research also found that reporting by the Gaza health ministry about the proportion of women, children and elderly people among those killed was accurate. Continue reading...
Tesla Inc. (NASDAQ:TSLA) has officially ended the one-time payment option for the company's Full Self-Driving (FSD) technology, but some owners could avail the system without the $99/month subscription. Tesla's Luxe Package The FSD service is available at no additional cost on the "Luxe Package" with the Tesla Model S and the Model X, as well as the range-topping Cyberbeast trim of the Cybertruck,...
Tesla Inc. (NASDAQ:TSLA) has officially ended the one-time payment option for the company's Full Self-Driving (FSD) technology, but some owners could avail the system without the $99/month subscription. Tesla's Luxe Package The FSD service is available at no additional cost on the "Luxe Package" with the Tesla Model S and the Model X, as well as the range-topping Cyberbeast trim of the Cybertruck, Teslarati reported on Monday. Don't Miss: This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistake
Instagram-owner Meta Platforms plans to release its first smartwatch this year, the Information reported on Wednesday, citing two people familiar with the matter. The company has revived its "Malibu 2" smartwatch project, the report said, adding that the device, set for release later this year, will feature health tracking and a built-in Meta AI assistant. Meta explored a smartwatch roughly fiv...
Instagram-owner Meta Platforms plans to release its first smartwatch this year, the Information reported on Wednesday, citing two people familiar with the matter. The company has revived its "Malibu 2" smartwatch project, the report said, adding that the device, set for release later this year, will feature health tracking and a built-in Meta AI assistant. Meta explored a smartwatch roughly five years ago, the Information said, including plans at one point for three-camera-equipped versions but it shelved the effort in 2022 as a part of broader spending pullbacks in its Reality Labs unit.
ICE officers often tell people tracking and watching them that they are breaking federal law in doing so, but legal experts say the vast majority of observers are exercising their constitutional rights. (Image credit: Octavio Jones)
ICE officers often tell people tracking and watching them that they are breaking federal law in doing so, but legal experts say the vast majority of observers are exercising their constitutional rights. (Image credit: Octavio Jones)
Earnings Call Insights: Select Water Solutions (WTTR) Q4 2025 Management View John Schmitz, President, CEO & Chairman, described 2025 as “another record-setting year for Select, both operationally and financially,” noting improved consolidated margins, streamlined Water Services, and "significant market share gains in our Chemical Technologies segment." Schmitz emphasized the company’s focus on wa...
Earnings Call Insights: Select Water Solutions (WTTR) Q4 2025 Management View John Schmitz, President, CEO & Chairman, described 2025 as “another record-setting year for Select, both operationally and financially,” noting improved consolidated margins, streamlined Water Services, and "significant market share gains in our Chemical Technologies segment." Schmitz emphasized the company’s focus on water infrastructure growth, highlighting the ongoing build-out of the Northern Delaware water network and achieving 1 billion barrels recycled since 2021, with more than 330 million barrels recycled in 2025. Schmitz stated, “we are well on track towards growing our water infrastructure to our stated target of greater than 60% of our consolidated gross profit in the next 24 months, supported by sizable additional year-over-year growth of 20% to 25% in 2026 as compared to '25.” Strategic investments included new MVCs, nearly 1 million new dedicated acreage with an average contract term of 11 years, and the addition of 55,000 barrels per day of new disposal capacity in the Northern Delaware during Q4. Schmitz announced, “recently announced strategic partnership for produced water lithium extraction in both the Haynesville and the Permian regions, which should begin contributing initial royalty revenues by early 2027 and growing from there.” The Chemical Technologies segment saw 19% year-over-year revenue growth and 45% growth in gross profit before D&A, attributed to new product enhancements and increased demand for advanced chemical technologies. Chris George, Executive VP & CFO, reported, “generating $1.4 billion of consolidated revenue with improved consolidated margins and a record $260 million of adjusted EBITDA.” George added, “we anticipate 7% to 10% growth in Water Infrastructure's revenue and gross profit before D&A during the first quarter of 2026 as compared to the fourth quarter of '25.” Outlook Management projects 20% to 25% year-over-year growth for the Water Infr...