Lisa Lutoff-Perlo, CEO of Celebrity Cruises, discusses the company's partnership with the Malala Fund. The new "Celebrity Edge" ship will debut later this year, and Malala Yousafzai has been named the ship's Godmother.
She talks about Celebrity's diversity initiatives for women and people of color. Perlo is the first female president of a publicly traded cruise line. In her time as CEO of the company, she increased female crew on the bridge of the ship from 3% to 21%. She also hired the first American woman as captain of a cruise ship. Plus, Celebrity employees now include people from more than 50 different cultures.
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
