Author: i2wtc
Levi Strauss’s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results. During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago period and better than the 60.7% analysts had expected, according to StreetAccount. In an interview with CNBC, CEO Michelle Gass said the company has started to raise the price of some of its jeans and clothes and will hike more prices in the U.S. and other markets…
In a stock market that has so clearly rewarded risk-takers, it can be easy to justify investing in high-flyers or speculating on potential disruptors. However, the potential for great reward always comes with great risk. That raises the question: How should investors go about making high-risk, high-reward bets in a smart way that may put the odds more in their favor? Make no mistake, a leap of faith is going to be required anytime an investment is predicated on what the company will look like five to 10 years in the future. However, we believe that investors should at least…
Security forces killed seven terrorists belonging Indian proxy Fitna al Khwarij in an Intelligence-Based Operation in the Daraban area of Dera Ismail Khan. According to the statement issued by Inter-Services Public Relations (ISPR) on Thursday, security forces launched the operation on October 8 following confirmed reports about the presence of terrorists affiliated with an India-backed terrorist network, Fitna al-Khwarij “During the exchange of fire, Major Sibtain Haider, 30, a resident of Quetta, was martyred while leading his troops from the front, paid tribute to the officer’s bravery, saying he fought valiantly until his last breath,” it added Read: Key terrorist commanders…
The Supreme Court on Thursday questioned whether it retains the “authority” to order a full-court hearing under the newly inserted Article 191A, as an eight-member constitutional bench resumed proceedings on petitions challenging the 26th Constitutional Amendment. The petitions dispute the legality of the amendment, which in October 2024 introduced Article 191A — creating Constitutional Benches within the apex court. These benches, nominated by the Judicial Commission of Pakistan (JCP), hold exclusive jurisdiction over matters concerning suo motu powers, constitutional appeals, and presidential references. The amendment further stipulates that no other bench may exercise these jurisdictions and that all pending cases…
Commander Jared Isaacman of Polaris Dawn, a private human spaceflight mission, speaks at a press conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. August 19, 2024. Joe Skipper | ReutersPresident Donald Trump has met with Jared Isaacman to discuss another nomination to lead NASA, a source familiar with the talks confirmed to CNBC’s Morgan Brennan.Isaacman, who has close ties with SpaceX CEO Elon Musk, was at the White House in September for Trump’s dinner for tech power players. Musk did not attend.After a fiery back-and-forth between Musk and Trump over government spending, the president pulled Isaacman’s nomination for…
Palestinians, including children, gathered in the city of Khan Yunis celebrate after the announcement of the ceasefire agreement in Gaza on Oct. 9, 2025 in Khan Yunis, Gaza. Abdallah F.s. Alattar | Anadolu | Getty ImagesIsrael and Hamas have agreed to a pause in their devastating two-year war and the release of the remaining hostages in exchange for Palestinian prisoners — a breakthrough greeted Thursday with joy and relief but also caution.Uncertainty remains about aspects of the broader ceasefire plan advanced by the administration of U.S. President Donald Trump — such as whether and how Hamas will disarm and who…
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022.AaronP | Bauer-Griffin | GC Images | Getty ImagesDelta Air Lines customers are getting used to first class.Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at least a quarter or two next year, Delta executives said Thursday.In the last quarter, Delta said ticket revenue from its premium cabin rose 9% from last year to nearly $5.8 billion, while main-cabin ticket revenue fell 4% from a year earlier to just over $6 billion.CEO Ed Bastian…
The grip Meta Platforms has on digital advertising is only getting stronger. Meta is making a change to its recommendation engine. Starting Dec. 16, conversations users are having with the company’s generative artificial intelligence tools — such as chatbots within Facebook, Instagram, WhatsApp, and Messenger, as well as the standalone Meta AI app and website — will be used to make ads and content more personal. While users cannot opt out, Meta said the “update won’t apply” to those who do not interact with AI on its platforms. The company also said AI conversations involving health, politics, and religion will…
The High Court in London has ruled in favour of former Pakistani military officer Brigadier (retd) Rashid Naseer in a high-profile defamation case against YouTuber and former army officer Major (retd) Adil Farooq Raja, declaring Raja’s allegations “false, baseless, and malicious”. Justice Richard Spearman of the High Court’s King’s Bench Division ordered Adil Raja to pay £50,000 in damages and an additional £300,000 in court and legal costs, besides directing him to immediately stop publishing false statements and issue a written apology. The detailed judgment states that Raja had made “serious and deliberately false” accusations against Brigadier Naseer on Twitter, YouTube and Facebook, without…
Sopa Images | Lightrocket | Getty ImagesOpenAI’s short-form artificial intelligence video app Sora hit 1 million downloads less than five days after its launch in late September, according to an executive.Bill Peebles, head of Sora at OpenAI, shared the milestone in a post on X late Wednesday. He said Sora reached 1 million downloads even faster than ChatGPT, the company’s popular AI chatbot that supports 800 million weekly active users.Sora allows users to generate short videos for free by typing in a prompt. The app is only available on iOS devices and is invite-based, which means people need a code…