Casino mogul Steve Wynn is resigning as CEO of Wynn Resorts following sexual harassment allegations. He will be replaced by Matt Maddox who has been the president of Wynn Resorts since 2013. This comes weeks after Wynn stepped down as finance chair of the Republican National Committee.
Snap shares soared following a stellar earnings report. The social media company beat on earnings and revenue for the first time since going public. Snap also announced a big increase in daily active users, bringing the total number of users to around 187 million.
SpaceX successfully launched its Falcon Heavy rocket. More than 2 million people tuned into the live stream of the launch. It is now the most powerful rocket in operation. Nick Lucchesi, executive editor of Inverse, says the launch marks a new chapter in space exploration.
And U.S. gold medalist Dana Vollmer joins us to give her take on the upcoming Winter Olympics and share her tips on heart health. Even though she isn't competing in the games, she's excited to watch. Vollmer and Go Red For Women spokesperson Dr. Suzanne Steinbaum discuss ways to make sure your heart is healthy.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!