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Etihad Nears Full Capacity Without Cutting Fares
business22 minutes ago

Etihad Nears Full Capacity Without Cutting Fares

Etihad Airways says it will surpass its pre-war capacity within weeks without needing to slash prices, as demand rebounds in the US, India and Southeast Asia. The carrier is operating at about 90% of prewar capacity with fares back to prewar levels, while jet-fuel costs have not yet been passed to customers. CEO Antonoaldo Neves dismissed industry expectations of price cuts, stressing the airline remains financially solid despite earlier margins being trimmed, and expects to be back on its planned track by August.

via Financial Times|
#abu-dhabi#airlines#business
OPEC+ hikes oil output targets for fourth time as Hormuz disruption persists
business33 minutes ago

OPEC+ hikes oil output targets for fourth time as Hormuz disruption persists

OPEC+ approved a fourth consecutive increase in its oil-output targets, lifting July quotas by 188,000 barrels per day as the bloc unwinds most of a 1.65 million bpd cut, even though Hormuz Strait disruptions and the UAE’s exit keep actual supply constrained; the seven core members (Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, Oman) have boosted quotas, but production remains well below February levels and prices eased with Brent near $93 and WTI near $90 as traders weigh the risk of a reopened strait and the policy remains in place through 2026 with a review of 2027 baselines.

via CNBC|
#business#hormuz#oil-output
Powell's Parting Message: Fed Independence Under Scrutiny as Inflation Looms
business1 hour ago

Powell's Parting Message: Fed Independence Under Scrutiny as Inflation Looms

Powell, stepping back to a Federal Reserve Board role as Kevin Warsh takes the reins, used a speech tied to a Kennedy Center award to reaffirm the Fed's independence and acknowledge past policy missteps, delivering an indirect jab at Trump while signaling that inflation remains uncertain amid energy-price pressure from the Iran conflict; with markets at record levels but policy paths still data-driven, the Fed faces a delicate balancing act that could temper Wall Street's rally if inflation surprises persist.

via The Motley Fool|
#business#federal-reserve#independence
Hope on the racks: a L.A. Fashion District couple fights to keep their dress shops alive after ICE raids
business2 hours ago

Hope on the racks: a L.A. Fashion District couple fights to keep their dress shops alive after ICE raids

A year after ICE raids hit L.A.’s Fashion District, Salvadoran couple Joel Galvez and Leanor Torres struggle to keep their two dress shops afloat as sales plummet (from about 50 dresses on Saturdays to ~10), rent climbs (~$11,000/month), and debt balloons (roughly $20,000 to $150,000) while fear of deportations and new raids unsettles customers; the disruption also reverberates through nearby vendors, yet the pair persist and cling to hope for recovery.

via Los Angeles Times|
#business#fashion-district#immigration
SpaceX IPO: Why Growth Investors Might Pass on the Debut
business2 hours ago

SpaceX IPO: Why Growth Investors Might Pass on the Debut

The Motley Fool argues SpaceX’s IPO could price the company near a $1.75 trillion market cap, placing it among the largest public companies at launch and making it a poor fit for growth investors who seek smaller, high-growth bets; while outsized returns are possible, the immense scale and late-stage timing mean SpaceX may not replicate Tesla’s IPO windfall, potentially dampening demand and forcing investors to lower growth expectations.

via Yahoo Finance|
#business#growth-investing#ipo
Puzzle trend reshapes cozy chic as Gen Z buys into grandma hobbies
business2 hours ago

Puzzle trend reshapes cozy chic as Gen Z buys into grandma hobbies

Gen Z is embracing grandma hobbies such as jigsaw puzzles, helping Piecework grow from a Yosemite weekend idea into a multimillion-dollar, design-forward brand known for coffee-table worthy puzzles and collaborations. The company has expanded into home goods and acquired Areaware, signaling new product lines to take puzzles off the coffee table and onto the couch while underscoring offline, wholesome activities.

via The Guardian|
#areaware#business#gen-z
Mirai and bZ4X Slip in Toyota’s Resale Rankings
business2 hours ago

Mirai and bZ4X Slip in Toyota’s Resale Rankings

Toyota remains highly reliable overall, but two models show notable depreciation: the hydrogen-powered Mirai and the early EV bZ4X. Mirai resale has fallen about 80% in five years due to scarce hydrogen fueling infrastructure, with used prices around $10k from a $49.5k new starting point. The bZ4X, hit by late EV competition and a wheel-hub recall, has seen roughly 57% value loss, with private-party used values around $21,400 after three years. Kelley Blue Book still uses about 53% five-year value for Toyota overall, but these niche powertrains illustrate why some Toyotas depreciate faster.

via Jalopnik|
#business#depreciation#hydrogen-fuel-cell
Anthropic Eyes a Potential $1 Trillion IPO Amid AI Boom
business3 hours ago

Anthropic Eyes a Potential $1 Trillion IPO Amid AI Boom

Anthropic has confidentially filed with the SEC to go public, with market chatter suggesting it could become the first trillion-dollar AI IPO after a recent $65 billion private round valued at about $965 billion post-money. While investors weigh the possibility of a $1 trillion valuation on its IPO, questions about profitability and forward revenue multiples remain, and analysts say the final valuation will depend on market conditions and the SEC review of the filing.

via Yahoo Finance|
#ai#anthropic#business
Big US Banks Plan Tokenized Deposits as Counter to Crypto Startups
business3 hours ago

Big US Banks Plan Tokenized Deposits as Counter to Crypto Startups

The four largest US banks—JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America—are collaborating through Clearing House to launch a tokenized deposit network that would issue digital versions of customer deposits, likely within traditional banking regulation and possibly on private/permissioned networks. The move is framed as a response to the rise of dollar‑backed stablecoins and ongoing crypto regulation discussions (Clarity Act), with JPMorgan already operating private platforms (Kinexys) and JPM Coin on Coinbase’s Base. The exact technical structure remains to be seen and will depend on final regulatory language.

via Gizmodo|
#banks#business#regulation
AI’s business reality check: costs soar, ROI lags, and funding gets pricier
business4 hours ago

AI’s business reality check: costs soar, ROI lags, and funding gets pricier

Investors are facing four harsh realities about AI’s economics: deploying AI remains costly, returns are not meeting earlier expectations (per a Bain study), infrastructure demand is strong but not as explosive as some forecasts, and financing that infrastructure is likely to stay expensive for longer as rates trend higher—forcing a reevaluation of how quickly AI can translate tech progress into profits.

via Yahoo Finance|
#artificial-intelligence#business#financing
Mammoth Brands eyes IPO as it scales a disruptor-led CPG empire
business5 hours ago

Mammoth Brands eyes IPO as it scales a disruptor-led CPG empire

Mammoth Brands, the private-label consumer goods group behind Harry’s, Lume, and Coterie diapers, is weighing an IPO later this year while aggressively expanding through acquisitions and scale-up of online-first brands. In 2024 it reported about $835 million in revenue and roughly $100 million in adjusted EBITDA, with more than 20% revenue CAGR over five years. Since buying Lume in 2021 and renaming Harry’s Labs to Mammoth Brands in 2025, it acquired Coterie for over $1 billion in late 2025, with Coterie posting over $200 million in net revenue in the trailing 12 months. Mammoth aims to become a modern, omnichannel CPG platform by adding a handful of sizable brands, pursuing 1–2 deals per year to reach eight to ten brands within 3–4 years, and continuing a strong online-first growth strategy while expanding into traditional retailers like Target.

via CNBC|
#business#coterie#direct-to-consumer