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Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesBank of America is scheduled to report fourth-quarter earnings before the opening bell Wednesday.Here’s what Wall Street expects:Earnings: 96 cents a share, according to LSEGRevenue: $27.94 billion, according to LSEGNet interest income: $15.68 billion, according to StreetAccountTrading: Fixed Income of $2.64 billion, equities of $1.86 billion, according to StreetAccountBank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry’s recent…

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself in the increasingly competitive upscale market after obtaining about $1.75 billion in financing commitments. The New York-based private company that owns retailers Saks Fifth Avenue and Neiman Marcus said in a release Wednesday that it had filed for Chapter 11 bankruptcy in the Southern District of Texas. The company’s top executive, Marc Metrick, stepped down earlier this month as the firm struggled with debt it took on for its $2.65 billion acquisition of Neiman Marcus in 2024. He was succeeded as CEO by executive chairman Richard Baker, who…

India’s labor ministry is pushing the country’s booming quick-commerce sector to prioritize the wellness and safety of its gig workers. The country’s minister of labor and employment, Mansukh Mandaviya, met with executives from Zomato’s Blinkit, Swiggy’s Instamart, and Zepto to ask them to drop their marketing language, which promises deliveries within 10 minutes, and discuss ways to improve safety and working conditions for delivery personnel, Bloomberg reported, citing anonymous sources. While the instant delivery model has faltered elsewhere, it’s taken off in India at an unprecedented rate in the past few years as consumers in urban cities have come to…

Google on Tuesday updated its Veo 3.1 AI video-generation model with the ability to create native vertical videos for social platforms using reference images. The changes will also make the videos generated from reference images more expressive and dynamic. When producing AI-generated videos for YouTube Shorts or other platforms like Instagram or TikTok, Veo users can now natively choose the 9:16 vertical format to avoid any cropping. Google is also adding the feature directly to the YouTube Shorts and the YouTube Create app. Google first released Veo 3.1 in October 2025 with improved audio output and more granular editing controls…

PARIS (AP) — Long lines beneath I.M. Pei’s glass pyramid have become as much a part of the Louvre experience as the “ Mona Lisa ” itself.Now, the world’s most visited museum is putting a higher price on that pilgrimage as it scrambles to fund renovations and security after strikes, overcrowding and October’s French Crown Jewels heist. The Louvre was closed yet again Monday because of a staff walkout.On Wednesday, the Paris landmark is introducing a two-tier ticketing system that raises admission for most non-Europeans to 32 euros ($37), up from 22 euros ($26) — a 45% hike overnight.The change…

by Lacey Pfalz Last updated: 12:55 PM ET, Tue January 13, 2026 EF Go Ahead Tours is launching a new trip category focusing on one of the biggest attractions people love when they travel: food. The new Food Tours collection offers immersive, small-group itineraries in destinations from Italy to Uruguay to Japan, and include three different travel styles for groups that range from 12 to 22 travelers. The first are Food Tours, which are in-depth experiences into a destination’s culinary traditions, with food walks, market visits, farm tours and cooking classes. The second style is Food & Wine Tours, combining a region’s…

The robotics company behind the Neo humanoid robot, 1X, has unveiled a new AI model that it says understands the dynamics of the real world and can help bots learn new information on their own. This physics-based model, called 1X World Model, uses a combination of video and prompts to give Neo robots new abilities. The video allows Neo robots to learn new tasks they weren’t previously trained on, according to 1X. This release comes as 1X is gearing up to release its Neo humanoids into the home. The company opened up preorders for its humanoids in October with plans…

Dr. Sina Bari, a practicing surgeon and AI healthcare leader at data company iMerit, has seen firsthand how ChatGPT can lead patients astray with faulty medical advice. “I recently had a patient come in, and when I recommended a medication, they had a dialogue printed out from ChatGPT that said this medication has a 45% chance of pulmonary embolism,” Dr. Bari told TechCrunch.  When Dr. Bari investigated further, he found that the statistic was from a paper about the impact of that medication in a niche subgroup of people with tuberculosis, which didn’t apply to his patient.  And yet, when…

As the world prepares to turn its attention to Milan-Cortina, Italy, for the 2026 Winter Olympics next month, mountain tourism has become an emerging travel trend.According to new data from global travel search aggregator Skyscanner, eight out of 10 travelers are considering or planning a mountain escape for summer or fall 2026. Furthermore, hotel bookings using Skyscanner’s “Room with a mountain view” filter have increased by 103 percent globally year over year.As travelers are introduced to the dramatic landscapes of Italy’s Cortina d’Ampezzo mountain resort this February, interest in mountain escapes, whether in Europe or elsewhere, will only rise. Beyond…

A resident of Springfield, Tennessee, is expected to plead guilty to hacking the U.S. Supreme Court’s electronic document filing system dozens of times over several months.  Prosecutors say between August and October 2023, Nicholas Moore, 24, “intentionally accessed a computer without authorization on 25 different days and thereby obtained information from a protected computer,” according to a court document.  As of this writing, there aren’t any more details about exactly what information Moore accessed, nor how it was accessed. Moore is scheduled to plead guilty in court by video link on Friday. When reached, a spokesperson for the U.S. District Court…