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Wall Street is selling more rental homes, as the purchase ban goes into effect

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💥 Check out this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: A version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. 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. subscription To receive future issues, directly to your inbox.Recently enacted housing legislation, which prohibits institutional investors from purchasing single-family rental homes, has prompted the same investors to put up more “for sale” signs.The number of homes owned by institutional investors…

Nike to cut thousands of online distributors in China

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🔥 Read this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Nike flagship store at Nanjing Road Promenade in Shanghai, November 4, 2025.kvoto | Future Publishing | Getty ImagesNike The company said Tuesday it plans to cut thousands of online distributors in China starting in January, as the sneaker giant looks to clean up what has become a cluttered digital market and return the region to growth. Starting next year, Nike's online footprint will shift primarily to the retailer's official website and app, and storefronts it operates on Tmall, JD.com and Douyin, some of the largest…

This summer it has become cheaper to rent a yacht in the Mediterranean

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🔥 Explore this insightful post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Vthiri Beach on the island of Kefalonia, Greece. Miljko | iStock | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Yacht companies are offering discounts and special offers on charter trips in the Mediterranean this summer, as geopolitical conflicts cool demand.Yacht brokers say summer rentals in the Mediterranean are down 20% to 30% from last year, with a growing number…

American Airlines CEO lays out vision to close $3 billion profit gap

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✨ Explore this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Robert Isom, chief executive officer of American Airlines Group Inc., speaks during a Bloomberg Television interview in New York, US, on Wednesday, Dec. 10, 2025.Christian Monterrosa | Bloomberg | Getty ImagesFORT WORTH, Texas — American Airlines CEO Robert Isom has a math problem.The carrier is flying about 6,500 flights per day this year — nearly an entire Alaska Airlines more worth of travel more than its closest competitor, according to Cirium — yet American's profit gap has grown. United Airlines brought in about $3 billion…

Chinese carmakers are expanding into the UK – and many Britons are adopting them

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🚀 Explore this must-read post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Maidstone, England - Izzy Woodrow is a believer.Four weeks ago, he joined a small but growing number of Britons who have bought a Chinese-made car.“I have a car that I enjoy driving [and is] Very comfortable. “It's very quiet, the fit and finish are great and the technology is fun to experience,” Woodrow said during an interview at Lipscomb Cars in Maidstone, England. The Geely dealership was opened in south-east London last year.It's part of a trend, as sales of Chinese-made cars in the UK…

Netflix (NFLX) Q2 2026 Earnings

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🔥 Discover this trending post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Netflix It reported second-quarter revenue and earnings that were roughly in line with analyst estimates on Thursday as Wall Street closely watches the company's advertising and engagement metrics. Netflix stock fell more than 7% in Friday trading as investors once again appeared disappointed about the company's earnings outlook. Here's how Netflix performed for the period ending June 30 compared to estimates from analysts polled by LSEG:EPS: 80 cents versus 79 cents estimatedprofit: $12.56 billion versus the estimated $12.59 billionNetflix reported revenue of $12.56 billion, up…

Taco Bell removes lettuce linked to cyclosporosis outbreak from restaurants

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🔥 Check out this awesome post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Customers walk into a Taco Bell restaurant on July 14, 2026 in La Cañada Flintridge, California. Mario Tama | Getty ImagesTaco Bell said Friday it has removed lettuce linked to a cyclosporiasis outbreak from restaurants.The outbreak has now affected more than 1,600 people in five states, according to the Centers for Disease Control and Prevention. The infection resembles a serious stomach bug, and often begins two to three weeks after people become infected with the parasite, according to the CDC. No deaths were reported.The…

GLP-1 implant from Vivani Medical aims to help patients stay on treatment

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✨ Read this trending post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Michael Siluk | UCG | Universal Images Group | Getty ImagesLosing weight with GLP-1 drugs is only half the battle. Keeping it off long term has proved even harder.Factors such as side effects, high out-of-pocket costs, injection fatigue and stigma around obesity treatment drive troves of patients – some studies estimate roughly half or more – to stop GLP-1s within a year and risk regaining the weight they lost. Years from now, Vivani Medical believes a tiny GLP-1 implant placed under the skin could help address…

American Airlines offers a pick-up and drop-off lounge at JFK Airport in New York

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💥 Explore this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: A rendering of the planned American Airlines lounge at John F. Kennedy International Airport in New YorkAmerican AirlinesAmerican Airlines It plans to open a new lounge at New York's John F. Kennedy International Airport by the end of this year, its first new facility at the airport in more than four years, as it continues its fight for high-paying customers to close the profit gap with... Delta Airlines and United Airlines.The new 3,700-square-foot lounge will feature a barista bar serving hot and iced coffee drinks…

Nike (NKE) Q4 2026 earnings

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🔥 Read this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Nike On Tuesday, it reported quarterly profit and revenue that beat Wall Street expectations, despite another decline in sales in its main market of China.Here's what Nike reported for its fiscal fourth quarter compared to analyst expectations, according to LSEG consensus estimates: EPS: 20 cents were revised versus 13 cents expectedprofit: $10.97 billion versus $10.86 billion expectedNike shares fell as much as 8% in extended trading Tuesday before recouping much of the losses.The company said gross margin rose 8.9% during the quarter, largely due to…