Lauren Liss, Vice President of U.S. Card at Capital One, discusses the company's latest partnership with Hotels.com. The goal of this partnership is to give consumers more flexibility to earn valuable travel rewards.
Liss discusses perks of the partnership that will allow Venture customers to earn 10x miles on hundreds of thousands of hotels, just by paying with their Venture or VentureOne cards on Hotels.com/Venture. The offer works with the Hotels.com® Rewards loyalty program, which allows members to stay 10 nights and get one free. It is also on top of the unlimited miles Venture cardholders earn on all other purchases, which can be redeemed on any airline, flight, rideshare or hotel with zero blackout dates ever.
We also dig into the Capital One Travel Survey and hear about what matters most to millennials when it comes to earning hotel rewards
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
