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Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround.The company said revenue rose 1% in the three months ended Aug. 31, after previously saying it anticipated sales would fall by a mid-single digit percentage in the period.Still, Nike’s profits fell 31% while gross margin dropped 3.2 percentage points to 42.2% during the quarter — a warning sign to investors that its efforts to clear through old inventory are still ongoing.In a press release, finance chief Matt Friend warned that “progress will not be linear.””I’m encouraged…

by Lacey Pfalz Last updated: 10:50 AM ET, Tue September 30, 2025 Marriott has launched a new outdoor lodging brand, the Outdoor Collection by Marriott Bonvoy, along with the Marriott Bonvoy Outdoors, a new platform connecting travelers to not just hotels and accommodations, but also tours and activities from hiking to scuba diving to fishing and more. The Outdoor Collection by Marriott Bonvoy is a portfolio of outdoor-focused and stylish stays, from glamping tents near national parks to cliffside boutique hotels, all offering comfort deep in the heart of nature.  Two of the brands added to the Outdoor Collection are Postcard…

WASHINGTON (AP) — President Donald Trump said Tuesday that his administration is close to reaching a deal with Harvard University, which it has targeted with a series of investigations and billions of dollars in funding cuts as it presses for changes to its policies and governance.A truce with the country’s oldest and wealthiest college would end a clash that has tested the independence of America’s colleges.Trump came into office saying he would cut funding for schools that defied his agenda, vowing to eliminate “wokeness.” His pressure campaign zeroed in on the Ivy League institution after it rebuffed his demands.Trump initially…

The expression “stay woke” started out as an affirmation for African Americans. In the past decade it has been used by some Republicans — and some Democrats — as a pejorative for people thought to be too “politically correct,” another term that took on negative connotations as it gained wider use. “Woke” has come up in cultural and political firestorms. Eight months into his second term, President Donald Trump pledged to review content at the Smithsonian Institution for being “WOKE” and where “everything discussed is how horrible our Country is, how bad Slavery was.” At the beginning of this year,…

by Sarah Kuta Last updated: 11:00 AM ET, Tue September 30, 2025 Atlas Ocean Voyages is launching an enhanced culinary program, with innovative new dishes featuring fresh seasonal ingredients. René Aflenzer, the line’s corporate executive chef, is working with farmers, vintners and artisans from Argentina to ensure that locally sourced fish, prime proteins, fresh produce, regional wines and seafood are featured throughout the onboard dining experience. “Food is an integral part of exploration,” says Aflenzer. “Guests deserve a culinary journey as rich and inspiring as the destinations we visit. Our menus are designed to surprise and delight, blending creative presentation, exceptional…

It’s no secret that vibe coding — using AI-powered coding tools to build apps and websites via natural language prompts — is exploding in popularity. In July, Swedish vibe-coding startup Lovable hit $100 million in annual recurring revenue (ARR) just eight months after launch. It plans to close the year at $250 million ARR and thinks it will hit $1 billion ARR within the next 12 months. Meanwhile, Replit said earlier this month that its ARR soared from $2.8 million to $150 million in less than a year. These companies’ remarkable growth has fueled a wave of competitors, many of which are also quickly…

NEW YORK (AP) — Like thousands of actors, Tilly Norwood is looking for a Hollywood agent. But unlike most young performers aspiring to make it in the film industry, Tilly Norwood is an entirely artificial intelligence-made character. Norwood, dubbed Hollywood’s first “AI actor,” is the product of a company named Xicoia, which bills itself as the world’s first artificial intelligence talent studio. Since the Dutch producer and comedian Eline Van der Velden launched the digital character’s prospective career, Tilly Norwood has been all the talk in Hollywood. But not in a good way. Guilds, actors and filmmakers have met the…

Breanna Stewart, #30 of the New York Liberty, dribbles the ball against Napheesa Collier, #24 of the Minnesota Lynx, in the fourth quarter during Game Three of the WNBA Finals at Target Center in Minneapolis, Minnesota, on Oct. 16, 2024.David Berding | Getty ImagesVersant has signed a new 11-year media deal with the Women’s National Basketball Association, the company announced Tuesday.The agreement kicks off for the 2026 season and includes at least 50 WNBA games annually and portions of playoff and finals games during select years, the company said.Versant, the parent company of cable networks and brands soon to be…

by Sarah Kuta Last updated: 11:15 AM ET, Tue September 30, 2025 HX Expeditions recently wrapped up an exclusive event for travel advisors and partners in Seattle.On September 26, the company hosted more than 200 travel advisors aboard the MS Fridtjof Nansen for a full-day showcase in Seattle, Washington, home to HX’s Americas headquarters since 2014. The event marked MS Fridtjof Nansen’s first official embarkation from the city.  During the event, travel advisors joined immersive sessions about the HX experience, toured the ship’s fitness center, spa, infinity pool and suites, and gathered in the restaurants for a behind-the-scenes look at…

Venture capital is filled with investors who claim they’ve got inside access to the next big thing. Meanwhile, Gabriel Jarrosson, a French engineer-turned-YouTuber-turned-investor, has built his VC firm around a single filter: If it isn’t a Y Combinator company, he won’t invest in it. That discipline pushed Jarrosson from filming scrappy venture explainers in Paris to managing more than $12 million in assets at Lobster Capital, with a larger second fund already in the works, according to recent SEC filings. His logic is simple: He believes YC’s track record of producing billion-dollar companies beats chasing startups elsewhere. In 2017, frustrated…