Shares in fashion giant behind Zara and Massimo Dutti plunge as it reports disappointing sales growth
Spanish fashion giant Inditex missed analyst estimates in the third quarter. Zara’s parent company, Inditex, reported Wednesday that sales grew 9% in the five weeks to December 9, compared with 14% in the same period in 2023. Shares in the Madrid-listed fashion giant — which also owns Bershka and Massimo Dutti — dropped as much…
OpenAI’s CFO says it trusts Elon Musk to ‘compete appropriately’ after his ally David Sacks was appointed AI czar
Sarah Friar was appointed as OpenAI’s chief financial officer in June. OpenAI trusts Elon Musk to act in good faith as the owner of a rival AI company with the ear of President-elect Donald Trump, its CFO said. “We trust him…as a competitor, [Musk] will put first the national interest and compete appropriately,” Sarah Friar,…
I was so exhausted after a toddler sleep regression I checked myself in for a weekend sleep-cation
The author (not pictured) checked into a hotel to catch up on sleep. Maybe it was my daughter getting her final molars in, maybe it was potty training. Whatever the reason, my 2-year-old recently had a sleep regression and started waking up several times each night. While she returned to bed, I had a hard…
Some ships are adding thousands of miles to journeys to avoid the threat of Houthi attacks off Yemen
Houthi attacks in the Red Sea have included oil tankers like the Greek-flagged Sounion. Some cargo ships are extending their journeys by up to 10 days and thousands of miles to avoid Houthi attacks in the Red Sea, The New York Times reported on Wednesday. More than a year ago, Houthi rebels based in Yemen…
Angelina Jolie is really singing in the Netflix biopic ‘Maria’ — but there’s a catch
Angelina Jolie as Maria Callas in “Maria.” Angelina Jolie transforms into famed soprano Maria Callas in Pablo Larraín’s new biopic “Maria,” and yes, the actor is singing for real. “Maria,” which is now streaming on Netflix after being released in select theaters earlier this year, follows Callas in the days leading up to her death…
Ghost gun revelations and social media scrutiny surround the high-profile murder case of UnitedHealthcare’s CEO
(Slightly) new name, who dis? I didn’t catch enough sun in Florida to get a proper tan, but I am bringing a fresh look to the newsletter. All your favorite parts are still here, just with an updated feel. Like that friend who suddenly has a great hairline a few months after their trip to…
Inflation ticked up in November as expected
In November, inflation sped up once again. The consumer price index increased 2.7% from a year ago as expected, higher than October’s 2.6% rate and the highest reading since July, when the rate was 2.9%. Matt Colyar, an economist at Moody’s Analytics, told B-17 before the new data was published that an acceleration wouldn’t be…
Jamie Foxx jokes that he left Diddy’s parties early in his new comedy special: ‘It’s slippery in here’
Jamie Foxx in 2024 and Sean “Diddy” Combs in 2002. In his new comedy special, Jamie Foxx makes time amid emotional revelations about his recent health scare and spot-on celebrity impressions to poke fun at Sean “Diddy” Combs, who’s awaiting trial in jail on three felony charges including sex trafficking. In the opening minutes of…
I went back to college at 42 to finish my degree. My daughter is my classmate, and it’s only brought us closer.
The author goes to the same college as her daughter, Siri. I never thought of myself as a college dropout. I started right after high school, and after three misguided semesters, I paused to move out of state and get married. I tried again four years later, taking night classes after work, and quit again…