Christina Lewis’ journey into the world of wealth management began at the age of 7 when she started helping her father manage his stock portfolio. Even at such a young age, she was designated as her father’s “broker” and took an active role in tracking stocks and understanding the market. Her father’s passing at the
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Delta Air Lines recently announced that they will be launching their premium economy service on transcontinental flights starting in September. This move is seen as an effort to attract customers who are willing to pay more for additional space and perks during their flights. Premium economy is a relatively new class of service that falls
Elliott Management, an activist hedge fund, has recently acquired a significant stake in Southwest Airlines amounting to $1.9 billion. The hedge fund has expressed its intentions to instigate leadership changes at Southwest Airlines, citing the airline’s decline from being a “best-in-class” carrier to one of the biggest laggards in the industry. Elliott is specifically targeting
The recent debacle surrounding Synapse, a fintech middleman, has left many customers in financial turmoil. The court-appointed trustee, Jelena McWilliams, revealed that partner banks holding customer deposits are facing an $85 million shortfall compared to the funds owed to depositors. This revelation sheds light on the catastrophic meltdown that has struck the U.S. fintech sector,
Rivian Automotive has recently announced an overhaul of its all-electric R1 pickup and SUV models, focusing on improving range, performance, and computing power. One of the most significant changes in the 2025 model-year vehicles is the incorporation of Nvidia chips to boost computing capabilities. The upgraded system now boasts ten times more performance than its
Inflation, though showing slight signs of improvement, continues to weigh heavily on consumers, as per Joel Anderson, CEO of discount retailer Five Below. Particularly, those in the lower-income bracket are experiencing the brunt of this economic pressure. Anderson emphasized the need for delivering value to customers, especially in the face of rising prices. While efforts
Salesforce, a leading enterprise tech giant, has recently announced its plans to open an artificial intelligence center in London. This move is seen as a bullish bet on the U.K. as a global technology hub. The U.S. software giant has stated that the new facility, which spans over 40,000 square feet in London’s Blue Fin
Moderna and Merck, two leading pharmaceutical companies, have recently released promising three-year data on their experimental vaccine in combination with Keytruda therapy for patients with a deadly form of skin cancer. The released data shows significant improvement in survival rates and long-lasting efficacy in a midstage study presented at the American Society of Clinical Oncology
Dutch digital bank Bunq is facing challenges in securing a banking license from U.K. financial regulators. The CEO and founder, Ali Niknam, expressed hope that they will be successful in obtaining the license by the end of this year or early next year. The process may be more complex due to the differences in regulatory
Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. The fintech startup revealed in its annual financial report that it had achieved pre-tax profits amounting to £15.4 million ($19.6 million) during the 2023-2024 fiscal year. This marked a significant turnaround from the previous year, where Monzo