Business
Labubu resale price falls may be more about supply than demand
Kasidit Teerawiboosin, 22, has ridden the wave of Labubu’s success as a reseller in Thailand of toys from Pop Mart, but the days of easily…
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Business
Business
Tesla earnings miss despite record third-quarter sales surge
Investors have largely bought into Musk’s vision, driving the shares up 8.7% so far this year Tesla’s profit plunged more than expected as…
Business
SAP cloud revenue misses estimates in ‘uncertain’ economy
SAP expects adjusted profit to be at the upper end of its forecast, which ranged from 10.3 billion euros to 10.6 billion euros SAP,…
Business
Why pattern matching in venture capital needs unraveling
Venture capital powers innovation, yet investment decisions still favor the familiar. From the original design of the industry to the…
Business
Amazon sees faster delivery speeds with hi-tech driver eyeglasses, AI
[MILPITAS, California] In its relentless drive to bring everyday items to customers faster, Amazon has shifted expectations from two-day…
Business
‘The Sims’ Mobile Game to Shut Down After Seven Years (Gaming News Roundup)
Electronic Arts will shut down “The Sims Mobile” next January, seven years and more than 50 updates after the game launched. “First, we…
Business
IBM falls on lukewarm growth for Red Hat software business
International Business Machines (IBM) reported disappointing revenue in its closely watched Red Hat unit, sparking concerns among…
Business
‘Love Is Blind’ Star Jordan Breaks Down Emotional Finale and Shares the Secret Pact He Made With Megan Ahead of Wedding Day
Warning: This story contains spoilers from the Oct. 22 finale of “Love Is Blind” Season 9, now streaming on Netflix. The last remaining…
Business
Sarah Schweitzman Named Co-Head of CAA Media Finance
Sarah Schweitzman has been named co-head of CAA Media Finance. The sales agent will run the department alongside veteran Roeg Sutherland,…
Business
US: Wall Street ends lower on mixed earnings, revived US-China trade tensions
Wall Street closed lower on Wednesday as a wave of mixed earnings, including Netflix’s disappointing results, dampened risk sentiment as…
Business
California National Guard to support food banks due to expected food assistance delays
California Gov. Gavin Newsom said Wednesday he will deploy National Guard troops to support food banks in November, a move that comes in…
Business
Europe: Lacklustre earnings nudge shares lower; L’Oreal, Hermes decline
EUROPEAN shares nudged lower on Wednesday, after two sessions of gains, as a flurry of lacklustre earnings from major firms including…
Business
Kering beats third-quarter forecasts as smaller brands cushion Gucci decline
Kering’s overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and…
Business
Jimmy Kimmel Says ABC ‘Was About to Close a Deal’ for Jon Stewart to Host Late Night When Execs Watched Kimmel’s Tape; Bob Iger Told Him: ‘You’re Cheaper’
Jimmy Kimmel was a recent guest on Ted Danson’s “Where Everybody Knows Your Name” podcast and revealed that he nearly lost the job of…
Business
Selling the sun: U.S. company is building satellite mirrors to keep solar farms operating after dark
Thousands of mirrors orbiting the earth could soon light up the night sky if a California startup gets permission from the U.S. government…
Business
Reddit sues Perplexity and others for allegedly scraping millions of user comments
Social media platform Reddit sued the artificial intelligence company Perplexity AI and three other entities on Wednesday, alleging their…
Business
What Happens if Paramount Acquires Warner Bros. Discovery? HBO Max-Paramount+ Combination, Huge Layoffs and More
Warner Bros. Discovery is officially on the block, disclosing that it has received interest from “multiple parties” to acquire all or part…
Business
The one life choice that Warren Buffett believes separates winners from losers
In today’s world, where success is often tied to financial accomplishments, status, and impressive job titles, Warren Buffett offers a…
Business
5 Ways You're Reducing the Lifespan of Your Office Assets
Your office space is more than just four walls and a few desks; it is a significant financial investment. From ergonomic chairs and…
Business
What’s behind the wave of egg recalls — and why it’s not slowing down
Breakfast has started to get a little riskier. More than six million eggs have been recalled since Sept. 29 over salmonella concerns. This…
Business
The 10 Best Designer Shoulder Bags for Women to Wear Everywhere This Fall
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. In…
Business
Zillow upgrades its outlook—here’s its home price forecast for more than 400 housing markets
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just…
Business
Rivian’s spinoff micromobility company just unveiled its first electric bike
It doesn’t look like a Rivian truck, but a new electric bike took shape at the EV company. A startup called Also, which spun out from the…
Business
Meta AI layoffs today: 600 jobs are already being cut from Alexandr Wang’s superintelligence lab
Meta, which owns and operates Facebook and Instagram—as well as Threads, Messenger, and WhatsApp—announced on Wednesday it is laying off…