U.S. Bancorp leaned on payments to power a record quarter. The bank’s second-quarter results, released Thursday (July 16), show a customer base still spending, borrowing and embracing digital banking products, while its payments business supplied fresh fuel for growth. The company reported record quarterly revenue of $7.7 billion, driven by higher fee income, loan growth…
“Nobody Wants This” star Jackie Tohn has revealed how her fellow A-lister and close friend Jessica Biel persuaded her to drop out of college when she was a teen—then welcomed her into her family home when she was left with “nowhere to live.” Tohn, 45, who stars as Esther Rocklov in the hit Netflix series,…
I remember the moment I realized my employees were happier than me. From the outside, I had it all: 50 education centers across 10 countries, thousands of students, several successful businesses. But while others clocked out at 6 p.m. and switched to their lives, my workday never ended. Like almost every entrepreneur, I started my…
In the race to bring autonomous robots into the home, Sunday Robotics says it has solved one of the field’s hardest problems: getting a robot to work in homes and handle objects it has never seen before. On Thursday, the Bay Area-based startup unveiled ACT-2, a new AI model that powers Memo, its wheeled home…
Shares of WeWork India Management came under pressure in Friday’s trading session, declining 5.32% to Rs 689.35, after the company reported a consolidated net loss for the June 2026 quarter. Despite the near-term weakness in the stock, the company continued to demonstrate strong operational expansion and revenue growth during Q1FY27. WeWork India reported a 27.74%…
Student housing continues to secure institutional capital. Gideon Friedman’s Beachwold Residential has secured $176.6 million of construction financing to build the first two phases of Place at Alafaya, a four-building 1,395-bed student housing property near the University of Central Florida campus in Orlando, Commercial Observer can first report. SEE ALSO: Citi Prices Largest Single Bank-Contributed,…
Shares of Abbott Laboratories (ABT +10.61%) popped on Thursday after the healthcare products provider raised its full-year profit forecast. Image source: Getty Images. An intelligent acquisition is fueling Abbott’s growth Abbott’s sales rose 13% to $12.6 billion in the second quarter, boosted by its $21 billion acquisition of cancer screening leader Exact Sciences in March….
Reliance Q1 Results Preview: Reliance Industries’ share price skyrocketed by more than 2% on Friday, on expectations of stronger Q1 results for FY27, which is scheduled later on July 17. Reliance is expected to report a strong quarter due to improved performance of the O2C business. Also, the company is expected to benefit from its…
Are we heading toward an artificial intelligence (AI) infrastructure spending cliff? Some investors and analysts have been saying so for a while now, predicting that the leaders in the AI industry, such as Nvidia (NVDA 2.43%), could see their financial results worsen significantly once it happens. However, there are plenty of signs suggesting that AI…
(RTTNews) – Intuitive Surgical, Inc. (ISRG), a biotechnology company, on Friday reported higher net income in the second quarter of 2026 compared with the previous year. The company also guided the full-year 2026. For the second quarter, net income attributable to the company increased to $818.1 million from $658.4 million in the previous year. Earnings…