Tag: beauty

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Airlines Lobby Group Asks Trump to End Review of Cash Compensation for Delayed Passengers

Airlines for America, representing Delta and American, urges the Trump administration to halt a review into cash compensation for flight delays, citing increased ticket prices and canceled flights as potential consequences.

US Investors Shed Stocks Amid Inflation Concerns, Trade Risks

US investors withdraw from equity funds in the second consecutive week amid inflation concerns, weak economic data, and concerns over reciprocal tariffs.

Global Equity Funds See Inflows on BOE Rate Cut, US Tariff Policy Concerns Limit Activity

Global equity funds saw major inflows after a rally in European shares due to a Bank of England rate cut, with investors purchasing a net $5.66 billion worth of funds.

Chinese Stocks Rally on AI Ambitions

Chinese stocks surge in Hong Kong on AI optimism, with the Hang Seng China Enterprises Index jumping 2.7%, driven by Xiaomi, Tencent, and Meituan. Despite concerns about AI rally overextension, analysts see Deutsche Bank calling it a "Sputnik moment" and Goldman Sachs noting hedge fund buying. Beijing's Two Sessions meeting is expected to provide further stimulus, with the Hang Sang gauge of Chinese stocks up 12% YTD.

Coffee Prices Hit Record Highs, Passing on Pain to Consumers

Coffee prices are soaring, with futures up over 30% year to date. The surge is starting to pass through to consumer wallets, with roasted coffee prices rising 2.5% and instant coffee jumping 7.1% in January. Climate issues, rising shipping and labor costs, and lower production are all contributing to the price increases.

CVS CEO David Joyner Looks to Integrate Retail, Healthcare

CVS CEO outlines plan for integrated healthcare model with pharmacists, nurses, and physicians, leveraging retail health footprint to address primary care shortage.

Baidu Shares Surge as China's AI Sector Gains Momentum

Baidu shares surge after announcing its ERNIE AI chatbot will be free in April, following China's DeepSeek AI bot success, spurring demand and tech growth in the country's AI sector.

SailPoint Raises $1.38 Billion in Enlarged IPO, Pricing Shares at $23

SailPoint, an enterprise security software company, raised $1.38B in an expanded IPO, pricing shares at $23, its marketed range's top. The company now has a $12.8B market value.

Organon Q4 profit tops estimates

Organon & Co. (OGN) reported fourth-quarter net income of $109 million, beating Wall Street expectations. Earnings, adjusted for one-time gains and costs, were 90 cents per share. The pharmaceutical company posted revenue of $1.59 billion in the period.

Warren: Only Congress Can Shutter Consumer Bureau

Sen. Warren says only Congress can shutter the CFPB, setting up potential legal clash with Trump administration