Lyft customers can once again earn miles toward their next flight.The ridesharing company on Wednesday said it’s partnering with United Airlines to offer MileagePlus points to riders who link their accounts, months after it ended an eight-year partnership with Delta Airlines.Once linked, riders can earn one mile for every dollar spent on Standard Priority Pickup and XL rides and two miles for every dollar booked on business profiles. Extra Comfort, Lyft Black, Black SUV and regular airport rides will earn three miles per dollar. Pre-scheduled rides to and from the airport will rake in four miles per dollar.The company said…
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Silas Stein | Picture Alliance | Getty ImagesPinterest shares plummeted 20% on Wednesday after lackluster third-quarter earnings as advertising took a hit from larger retailers dealing with tariffs.The company posted a profit of 38 cents per share adj., while analysts polled by LSEG expected earnings of 42 cents per share. However, the platform’s revenue did meet analyst estimates of $1.05 billion.”Tariff-related weakness showed up for the first time in our digital ads universe and will reinforce PINS’ lack of customer diversity for the bears and higher macro sensitivity,” RBC wrote in an analyst note.Third-quarter sales in the U.S. and Canada…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025.Kyle Grillot | Bloomberg | Getty ImagesWith OpenAI’s recent release of its AI browser, the historic level of capital expenditures being made in the current AI arms race may accelerate even further, if that is possible. From the reciprocal, and some have said circular, nature of hundreds of billions in commitments in investment, tied to future chip purchases, to the extent to which GDP growth is reliant on this boom, some have said this…
Payroll growth at private companies turned slightly stronger than expected in October, providing some hope that the labor market isn’t in danger of sinking, ADP reported Wednesday.Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. A revision for September showed 3,000 fewer jobs lost, the payrolls processing firm said.A gain of 47,000 in the trade, transportation and utilities grouping helped offset losses in multiple other categories. Education and health services also showed growth of 26,000, while financial activities added 11,000.Despite the artificial intelligence-fueled…
U.S. President Donald Trump speaks during a breakfast with Republican Senators at the White House in Washington, D.C., U.S. November 5, 2025. Kevin Lamarque | ReutersPresident Donald Trump conceded that the Democrats’ electoral sweep up and down the ballot across the country on Tuesday night spelled bad news for his Republican Party.”Last night, it was, you know, not expected to be a victory, it was very Democrat areas, but I don’t think it was good for Republicans,” Trump said during a breakfast meeting with GOP senators at the White House on Wednesday morning.”I’m not sure it was good for anybody,”…
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021.David Ryder | Bloomberg | Getty ImagesAmazon CEO Andy Jassy sat on a stage in a Seattle conference center in September, looking out at an audience of thousands of sellers who’d traveled from around the world to the company’s hometown.He used the moment to lay out a vision for how he wants Amazon to operate like the “world’s largest startup,” getting rid of bureaucracy in order to move faster and stay competitive.”We’re working hard to try to flatten our organization and have fewer layers because in…
Zohran Mamdani greets a bodega worker before a press conference on October 29, 2025 in the Belmont neighborhood of the Bronx borough in New York City. Michael M. Santiago | Getty Images News | Getty ImagesZohran Mamdani’s shock-to-the-establishment victory on election night left the Wall Street and billionaire class reeling, but it could provide a jolt to the small business community. Supporters of Zohran Mamdani point to the mayor-elect of America’s largest city having put out a detailed policy plan for small businesses. Among Mamdani’s small business policy proposals are cutting fines and fees for small businesses in half, including…
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.David A. Grogan | CNBCBillionaire investor Carl Icahn took a significant stake in auto-service chain Monro, becoming the largest single shareholder and marking his latest move in the automotive sector.Icahn disclosed ownership of 4,439,914 shares, representing a 14.8% stake in Monro, according to a new regulatory filing. The filing showed the shares were acquired by Icahn’s investment entities. It wasn’t clear whether he plans to push for changes at Monro.Icahn becomes the largest shareholder in Monro, previously known as Monro Muffler Brake, surpassing BlackRock Fund Advisors, which held…
Industrial outdoor storage in Elgin, Illinois.Courtesy of Alterra IOSA 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 editions, straight to your inbox.The rapid buildout of AI and quantum infrastructure is sparking a boom in an often overlooked commercial real estate sector. Industrial outdoor storage (IOS) is suddenly seeing significant demand and rent growth amid lean supply. IOS comprises all types of either paved…
U.S. Supreme Court Police stand behind security barriers in front of the Court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on October 06, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesThe Supreme Court on Wednesday morning will hear oral arguments to decide the fate of the cornerstone of President Donald Trump’s aggressive trade policy: Broad and sometimes high tariffs against most of the world’s nations.Lower federal courts have ruled that Trump lacked the legal authority he cited under the International Emergency Economic Powers Act to impose the so-called reciprocal tariffs…
