David Lidsky's Blog, page 47

Holiday spending is expected to drop this year—led by sharpest decline from Gen Z

Consumers are scrutinizing price tags more closely, wary of higher holiday costs ahead.

U.S. consumers, particularly Gen Z, are likely to spend significantly less on the holidays this year, according to a new PricewaterhouseCoopers survey.

7 strategies to overcome professional self-doubt

With a resilience framework, anyone can learn strategies to silence their self-doubt, reframe setbacks, and build confidence.

The vast majority of people—85%, to be exact—admit they lack confidence in the workplace: they avoid taking on leadership roles, they don’t speak up in meetings, and they doubt themselves. For those who feel marginalized, the feelings of low confidence can be even more stark.

LCID price: 1-for-10 reverse stock split couldn’t save Lucid from sinking even more today

The EV maker’s shares closed down over 10% Tuesday, even if they looked to be trading at higher prices than they were on Friday.

There’s more bad news for Tesla rival Lucid Motors.

No one is happier it’s Pumpkin Spice Latte season than Starbucks

The coffee chain just notched a record-breaking sales week after the release of its fall menu.

For fall fanatics nationwide, the return of Starbucks’s Pumpkin Spice Latte was an August highlight. But it’s safe to say that no one was happier than Starbucks CEO Brian Niccol.

Anna Wintour names Chloe Malle as Vogue successor

Wintour, 75, will remain the chief content officer for Condé Nast and global editorial director of American Vogue and the magazine’s 27 other editions.

Anna Wintour ended weeks of fashion-world speculation Tuesday when she named Chloe Malle her successor as head of editorial content at Vogue—but the most powerful person in the business isn’t going anywhere.

OpenAI and Meta are fixing how AI chatbots respond to teens in distress

The maker of ChatGPT said it is preparing to roll out new controls enabling parents to link their accounts to their teens’ accounts.

Artificial intelligence chatbot makers OpenAI and Meta say they are adjusting how their chatbots respond to teenagers asking questions about suicide or showing signs of mental and emotional distress.

This CEO is going viral for stealing from a child at the U.S. Open

What’s behind these cringe CEO moments that are breaking the internet?

Another weekend, another extraordinarily cringe CEO moment gone completely viral. In case you missed it, Piotr Szczerek, the CEO of Polish paving company Drogbruk, was caught on video doing something arguably worse than cheating at a Coldplay concert. 

Anthropic more than doubles its valuation to $183 billion after raising $13 billion

Anthropic raised the amount in a Series F round led by investment firm Iconiq.

Artificial intelligence company Anthropic said on Tuesday it is now valued at $183 billion post-money, over twice as much as its earlier valuation, as investor enthusiasm toward AI startups stays strong despite some doubts over tech industry spending.

Aurora borealis forecast: ‘Cannibal’ geomagnetic storm could make northern lights visible in 10 states tonight. Here’s where and when

Sky-watchers from Washington to Wisconsin and Michigan may be able to catch a glimpse of the dazzling display.

Here’s some good news coming off a long holiday weekend as we head into the fall: If you missed the northern lights (or aurora borealis) last night, you may get another chance to catch a glimpse tonight, Tuesday, September 2, and early Wednesday morning, September 3, in some 10 U.S. states.

McDonald’s just put a classic back on the menu—temporarily

The chain is reviving a fan-favorite strategy at a moment when customers need it most.

McDonald’s is making some major efforts to bring customers back to the home of the yellow arches. The fast food chain just announced it will bring back its iconic Extra Value Meals starting on Sept. 8.