Despite concerns of a shaky ad market and growing competition in A.I., Google said it was aided by accelerating revenue from its search engine and the video platform YouTube in the second quarter.
Coming earnings reports from big technology companies and the start of a two-day Federal Reserve meeting loomed over the trading day.
The owner of Snapchat reported progress in the overhaul of its ads platform but offered a cloudy outlook for the current quarter.
The parent of Snapchat has grappled with an ad slump and the challenges of being a smaller social media company in an intensely competitive environment.
The company’s profit topped $20 billion as it pointed to strong interest in its artificial intelligence products.
For the first time in two decades, Loudoun County is overhauling its zoning map that guides what can be built in the county and where.
The updated zoning policy, guided by the comprehensive plan the county passed in 2019, will override the 2003 guidelines used to determine what type of development is allowed on a site. The Board of Supervisors is set to hear public comments Wednesday on the draft passed by the county Planning Commission earlier this month, before they complete their own revisions and move to adoption.
Celebrity-founded and backed brands such as Rihanna’s Savage x Fenty and Kim Kardashian’s Skims flourished during the pandemic and, as part of their growth cycles, expanded into physical spaces. As the sector continues to grow, that could be good news for some retail owners, especially those who specialize in malls.
These brands often look to malls rather than main streets to set up shop, potentially bringing new tenants to the property type, RetailDive reported, citing JLL data.
Celebrity brands moved into more than 300K SF in the past decade, and that number is expected to continue to grow. Of that retail space, 76% is in malls,…
Banc of California is in advanced talks to buy PacWest Bancorp, in a move by the lenders to further shore themselves up following a regional-banking crisis earlier this year.
The social media app known for its short-form videos will now allow users to create posts that contain only words, competing with Threads and Twitter.
United Parcel Service faced a potential walkout by more than 325,000 union members after their five-year contract expires next week.