Ivy Liu


## ChatGPT Advertising: Initial Tests & Performance Metrics


The long-term viability of **ChatGPT**’s foray into the advertising landscape will depend heavily on demonstrating a tangible return on investment, extending beyond mere ad visibility. **Target** is among the first companies actively exploring this new advertising channel, initiating a pilot program within both the free and subscription-based (“Go”) tiers of the AI platform. This test commenced on February 9th, following a three-day postponement attributed to **OpenAI**. The retailer is leveraging the platform to promote its own offerings alongside select partners within its **Roundel** retail media network.

The core strategy involves aligning ad placements with the specific keywords present in user queries, mirroring the intent-based logic of traditional search engines but adapted for a conversational user experience. While **Target** has not disclosed the cost of these placements, prior reporting from Digiday indicated potential pricing of $60 per 1,000 impressions, as communicated to other advertisers approached by OpenAI. This approach aims to seamlessly integrate commercial messaging into user interactions, offering relevant suggestions without disrupting the conversational flow.


## Conversational Commerce & Ad Integration


Consider a scenario where a ChatGPT user requests recommendations for compact kitchen appliances suitable for baking cookies. The system could then present an advertisement for an air fryer brand participating in the **Roundel** network. This exemplifies the intent to connect expressed needs with pertinent product offerings in real-time. The success of this model hinges on whether users perceive these integrations as genuinely helpful or as intrusive interruptions. 

**Roundel** has affirmed **OpenAI**’s commitment to transparency, ensuring all advertisements are clearly labeled and distinct from the AI’s core responses, and will not influence the generated answers. However, the ultimate measure of success will be commercial performance, determining if ChatGPT can evolve into a valuable performance marketing channel for **Target**, or remain a limited experimental investment. The retailer has not specified the duration of the ad campaign or the specific demographic segments being targeted.


## Evaluating Pilot Program Results & Future Expansion


“We don’t have a specific timeline to share,” stated **Matt Drzewicki**, Senior Vice President of **Roundel**, in an email correspondence. “The goal of the pilot is to take time to thoughtfully test and learn, while introducing new experiences in a measured way that prioritizes consumer relevance and trust.” Initial evaluation will focus on “aggregated performance metrics” – including impressions, clicks, and early indicators of whether conversational intent translates into actual purchases.

Following the test period, **Target** will collaborate with **OpenAI** to analyze campaign delivery, user engagement, and the effectiveness of ads in facilitating product discovery. **Drzewicki** explained that the assessment will pinpoint areas for improvement and inform future engagement strategies. This measured approach underscores a pragmatic question: how will this channel compete with established retail media ecosystems offering closed-loop measurement, first-party data targeting, and flexible buying options?


## Long-Term Vision & Competitive Landscape


To command a significant advertising budget, **ChatGPT** will need to evolve towards standards comparable to existing retail media platforms. “Over time, we’d look for expanded capabilities that bring this offering closer to how **Target** and retail media networks operate today, including first-party data integration, closed-loop measurement and more flexible buying models,” added **Drzewicki**. He also highlighted the importance of dynamic ad formats capable of integrating product feeds for more relevant, real-time messaging.

The incentive for **Target** is clear: website traffic originating from **ChatGPT** has reportedly grown approximately 40% month-over-month, making advertising a natural progression. The retailer launched a dedicated **Target** experience within **ChatGPT** last November, as part of a broader initiative into AI and agentic commerce, and recently partnered with **Google’s Gemini** on similar shopping integrations. **Drzewicki** emphasized the desire to “meet guests where they are and make it easier for them to discover the on-trend products and curated assortment that define **Target**.”

Some advertisers have expressed caution, citing a lack of control over ad placement. **Philip Thune**, CEO of **Adthena**, noted that “Some of our clients who declined have said they were a little uncomfortable because they [**OpenAI**] couldn’t promise us when we’re going to show up, or where exactly we’re going to show up.” However, for **Target**, securing an early position in this emerging space is crucial for shaping its development and influencing future integrations.

Target Tests ChatGPT Ads: Early Results & Retail Media Impact

## From Venture Capital to Vibrant Beats: A Bali Transformation


**Nic Huzz**, 28, recounts a significant career pivot, leaving behind the world of venture capital to forge a new path as a silent disco entrepreneur in Bali, Indonesia. This as-told-to story details his journey, beginning with early uncertainty about his professional future and culminating in a fulfilling, albeit unconventional, career. Huzz, who previously worked at a venture capital firm in Sydney, Australia, shared his experiences and motivations for the dramatic shift.

Huzz’s initial career trajectory followed a conventional path. After completing studies in communications and entrepreneurship, he secured a full-time position at a Sydney-based **venture capital** firm – a role many would consider a success. However, he quickly discovered a disconnect between expectation and reality. Despite the perceived prestige and opportunity, he felt unfulfilled, realizing he was chasing validation rather than genuine passion. 


## The Search for Fulfillment and Overcoming Fear


The core issue, Huzz explains, wasn’t necessarily the job itself, but the lack of intrinsic motivation. He found himself spending the majority of his time on tasks he didn’t enjoy, constrained by a traditional 9-to-5 structure that stifled his energy. This dissatisfaction was amplified by the onset of the 2020 lockdowns, which eliminated even the respite of weekends. It took over three years for Huzz to ultimately resign, despite recognizing his unhappiness almost immediately. 

During this period of introspection, Huzz invested approximately 42,000 Australian dollars (roughly $30,000 USD) in self-improvement resources – including coaching, programs, and extensive reading – seeking a roadmap to a more authentic life. While he accumulated a wealth of theoretical knowledge, he struggled to translate these insights into tangible change. He came to understand that fear – fear of judgment, failure, and inadequacy – was the primary obstacle preventing him from pursuing a different course.


## Embracing Discomfort and a Leap to Bali


To combat these fears, Huzz adopted a strategy of deliberately confronting uncomfortable situations. He began with small acts of vulnerability, such as posting personal videos online and performing impromptu magic tricks. These challenges gradually escalated to stand-up comedy and public singing, despite having no prior experience.  Within five weeks of initiating this practice, he relocated to Bali in 2021 to work remotely for his firm. 

This move proved pivotal. In 2023, when his employer announced plans to reopen a Sydney office and requested his return, Huzz made a decisive break. He informed his boss he couldn’t comply, a decision she acknowledged and even supported, recognizing his desire to pursue a different path. This marked the true beginning of his entrepreneurial venture.


## Building a Silent Disco Business and Finding Joy


Initially, Huzz’s transition was financially precarious. He lived off savings, experiencing periods where his bank account dwindled dangerously low, going from an annual salary of 85,000 Australian dollars to no income. He began hosting impromptu silent disco events on beaches in Bali and Thailand, initially offering them for free. Encouraged by friends, he eventually accepted donations, overcoming his ingrained belief that work should inherently involve suffering. 

The turning point came when he realized he could earn more in an hour DJing than he had previously earned in a day at his corporate job. Demand grew, leading to requests to rent his equipment, and ultimately, a substantial loan from his parents to purchase 250 additional headsets. This investment enabled him to secure contracts with major events and conferences in Bali, including **AWS**, **Amazon**, and **IBM**. While his income in 2023 – around 30,000 Australian dollars – was lower than his previous salary, Huzz emphasizes the profound increase in his overall happiness and autonomy. He now prioritizes personal fulfillment and the freedom to design his own life, concluding that true security lies not in a paycheck, but in self-trust.

VC to Bali Beats: Aussie Ex-Investor Finds Bliss with Silent Disco

## Biscochito Launches Collaborative Scheduling Study with Leading Universities


**Biscochito**, a Santa Fe-based in-home care provider, is partnering with **Harvard Business School** and the **Freeman School of Business at Tulane University** on a groundbreaking field study. This research initiative, detailed in the “Kimberly Goes to Business School” series, will analyze the implementation of collaborative scheduling powered by artificial intelligence within the caregiving organization. The study formally commences in the first week of March, marking a significant step in exploring innovative workforce management strategies.

The core focus of the investigation isn’t *whether* to adopt collaborative scheduling – that decision has already been made organization-wide – but rather *how* to best support this transition. Researchers aim to determine if an AI assistant can empower caregivers to manage their schedules effectively, simultaneously fostering greater teamwork and organizational cohesion. This approach represents a departure from traditional, top-down scheduling models common in the home care industry.


## Examining the Impact of AI-Assisted Caregiver Collaboration


Half of Biscochito’s caregivers will utilize a newly developed AI tool designed to facilitate this collaborative process. The remaining caregivers will receive support from **Nina Martinez** and **Roberta Payne**, serving as dedicated liaisons throughout the study.  Researchers, including **Jasmijn Bol** from Tulane and **Dennis Campbell** from Harvard, have already conducted preliminary interviews and will continue to gather both qualitative and quantitative data throughout the duration of the project. 

The design of the AI assistant is intentionally focused on promoting interaction, surfacing caregiver availability, and encouraging peer-to-peer communication.  Unlike many technological advancements that aim to minimize human interaction, this system is engineered to strengthen relationships and encourage caregivers to collectively resolve scheduling challenges. The ultimate goal is to enhance interconnection and asynchronous collaboration within a dispersed workforce.


## The Foundation for Sustainable Caregiving


**Kimberly Corbitt**, leader of Biscochito, emphasizes that this shift is rooted in 20 years of experience in the caregiving sector.  She believes that for caregiving to thrive as a sustainable profession, caregivers require three essential elements: a consistent and dependable schedule, a strong support network, and the highest possible hourly compensation.  Scheduling, Corbitt asserts, is central to achieving all three.

Traditionally, home care scheduling has been centralized, with coordinators managing shifts and resolving conflicts.  Biscochito’s new model aims to decentralize this responsibility, empowering caregivers to coordinate coverage within their teams and manage continuity collectively. This shift is anticipated to reduce costs associated with centralized oversight and foster greater interdependence among caregivers.  The study will meticulously track the impact of this change on workflow, collaboration, and overall caregiver well-being. 

This academic partnership, Corbitt explains, isn’t dictating the direction of the shift, but rather providing a rigorous framework for examination and refinement. The series will document the practical implementation of the new system, analyzing caregiver responses, the AI’s influence on interactions, data-driven insights, and necessary adjustments to the structure.

AI Scheduling Study: Biscochito, Harvard & Tulane Partner Up

## Citigroup Services Business Demonstrates Strong Performance & Growth Potential


**Citigroup** NYSE: C continues to showcase significant upside potential, according to recent commentary from **Shahmir Khaliq**, Head of Services at the financial institution. Addressing conference attendees, Khaliq detailed the Services division’s strategic focus on bolstering technology, cultivating talent, and enhancing client relationships to expand market share and improve overall profitability. This approach is designed to assist global clients in navigating a complex macroeconomic and geopolitical landscape. 

Khaliq, who assumed the role of Head of Services in 2023 following organizational restructuring initiated by CEO **Jane Fraser**, articulated the Services segment as a unified entity encompassing the bank’s Treasury and Trade Solutions (TTS) – covering payments, liquidity management, and trade financing – alongside Securities Services, including Investor and Issuer Services. He positioned Services as a globally expansive operation, functioning as “the world’s biggest transaction services platform” across 95 international markets. 


## Navigating Client Priorities in a Volatile Global Environment


Since the investor days held in 2022 and 2024, Citigroup’s Services division has prioritized investment in its platform and fostering effective client engagement amidst ongoing global challenges. Khaliq highlighted that client conversations remain “robust,” despite concerns surrounding issues like U.S.-China relations, the Russia-Ukraine conflict, the situation in Venezuela, and evolving U.S. trade policies impacting supply chains. 

The priorities articulated by clients differ based on their specific segments. Corporate clients are focused on securing capital and financing, maintaining efficient global treasury operations, ensuring uninterrupted supply chains, optimizing working capital, and maximizing free cash flow. Banks and broker-dealers prioritize achieving best execution at the lowest possible cost across their retail, wealth management, and market activities. Public sector entities seek greater efficiency in payment systems and the management of treasury bills and securities, particularly given current fiscal deficits. Asset managers are shifting towards private markets and refining their middle- and back-office structures, while also striving to reduce costs to enhance public holdings performance. Finally, Fintech companies are driving demand for “Banking-as-a-Service” and integrated “Bank-in-a-Box” solutions, leveraging Citi’s extensive client base within the fintech industry.


## Record Results & Exceeding Performance Targets in 2025


Citigroup’s Services division reported a “record fourth quarter” and achieved full-year 2025 revenue of **$21.3 billion**, representing an 8% increase year-over-year. The division also posted a Return on Tangible Common Equity (ROTCE) of **28.6%**, slightly surpassing the targets outlined during investor day presentations. This strong performance was driven by growth in both net interest income (NII), up approximately 12%, and fees, which increased by 6%.

Several key operating metrics underpinned these results. Deposits rose by roughly 7% year-over-year, while the loan book expanded by approximately 9%. Cross-border volumes, measured in dollar terms, increased by 10%, and clearing volumes grew by 5%. Notably, Assets Under Custody and Administration (AUC/A) experienced a substantial increase of 24%, outpacing the **MSCI** growth rate of around 17%, indicating significant net new inflows. The business also achieved a “record number of new wins” in 2025, setting a positive trajectory for 2026.


## Future Growth Driven by Innovation and Strategic Investments


Looking forward, Khaliq emphasized that future growth will be fueled by three core strategies: deepening engagement with large institutional clients – including those within the Fortune 500, where Citi serves over 80% – expanding market share with Commercial Bank clients, and aligning client strategies with ongoing product modernization and innovation initiatives. He underscored the importance of “innovation is all about integration,” emphasizing Citi’s commitment to commercializing new capabilities by seamlessly integrating them into existing services and anchoring them with key clients. 

Several initiatives are underway, including the application of **Artificial Intelligence (AI)** across various functions, from technology and agent support to client interactions and operations.  Citi is also pioneering Single Event Custody Processing for asset servicing, aiming to streamline processes and reduce manual intervention, and implementing **Citi Payment Express**, currently live in 22 markets with 40% of payment flow transactions now utilizing the new infrastructure. Further advancements include 24/7 clearing, currently used by approximately 300 banks, and the development of digital asset capabilities, including an internal blockchain network processing “billions of dollars” in client funds monthly.  Khaliq affirmed Citi’s commitment to building “the infrastructure of the future” while adapting to evolving client needs and industry trends.

Citi Services: Tech & AI Fuel Record Q4 Growth & Future Gains

## Defense Department Considers Shift in AI Partnership with Anthropic


Recent reports indicate the **Department of Defense** is reevaluating its relationship with **Anthropic**, a leading artificial intelligence firm. According to Axios, Secretary of Defense **Lloyd Austin** is nearing a decision to curtail collaborations with the company. This potential move stems from concerns voiced by Anthropic’s CEO, **Dario Amodei**, regarding the ethical implications of certain military applications of AI technology. 

The possibility of reduced engagement highlights the growing tension between technological advancement and responsible innovation within the defense sector. A senior Pentagon source, speaking to Axios, confirmed that Secretary Austin is “close” to severing business ties. This deliberation underscores the complexities of partnering with AI developers when potential uses conflict with company values. The situation reflects a broader debate about the role of AI in warfare and the need for careful consideration of its deployment.


## AI Ethics and Government Contracts


The core of the issue revolves around the ethical considerations surrounding the military’s utilization of artificial intelligence. **Dario Amodei** has reportedly expressed reservations about how Anthropic’s technology could be employed, prompting internal discussions within the company and ultimately reaching the attention of the Defense Department. This situation exemplifies the challenges faced by AI companies navigating partnerships with government entities. 

Tech journalist **Kara Swisher** offered insight into the dynamic, stating, “It’s the cost of doing business with this particular government.” Her comment suggests that companies operating in the AI space must anticipate and potentially accept limitations when collaborating with the government, particularly concerning sensitive applications. This highlights the inherent trade-offs between pursuing lucrative contracts and upholding ethical principles.


## Implications for the Defense AI Strategy


A potential decoupling from Anthropic could influence the Pentagon’s broader strategy for integrating **artificial intelligence** into its operations. The Defense Department has been actively seeking to leverage AI for various purposes, including enhanced intelligence gathering, improved decision-making, and the development of autonomous systems. Losing access to a key partner like Anthropic may necessitate adjustments to these plans.

The situation also raises questions about the future of government-AI industry collaboration. It signals a need for clearer guidelines and frameworks to address ethical concerns proactively. Establishing transparent protocols and fostering open dialogue between government officials and AI developers will be crucial for navigating this evolving landscape and ensuring responsible innovation.

DoD Eyes Anthropic Breakup: AI Ethics Concerns Rise | Austin

FAIRFAX DISTRICT, LOS ANGELES (KABC) -- Intense rainfall caused substantial flooding along Melrose Avenue on Monday, impacting numerous businesses in the **Fairfax District** and resulting in considerable property damage. Several storefronts were inundated with water, leaving owners to grapple with the aftermath and question preventative measures. The sudden surge of water caught many merchants off guard, rapidly filling their establishments.


## Melrose Avenue Businesses Face Flood Damage


The deluge quickly overwhelmed drainage systems, leading to significant water accumulation within commercial spaces. **Yaffa**, proprietor of **Posers Hollywood**, recounted the swiftness of the event, stating, “I saw the water was coming up, and then it didn't take long, maybe 20 minutes, 30 minutes, and our whole store was full of water.” The speed at which the flooding occurred minimized the opportunity for protective action. 

Nearby, **Media Wine and Liquors** also experienced substantial water intrusion. **Aron Askor** of **Media Wine and Spirits** described the scene, noting, “It was really horrible. The water, it was up to the base right there, about a foot.” He further emphasized the lack of water movement, highlighting a failure in drainage capacity.


## Concerns Over City’s Flood Prevention Efforts


Despite the presence of **Los Angeles** city equipment strategically positioned in the area, business owners expressed disappointment with its effectiveness. These large blue trucks were intended to function as mobile pumping stations, clearing standing water from the historically flood-prone section of Melrose Avenue. However, their operation proved insufficient to prevent the widespread inundation.

**Domenic DeLuca**, owner of **Brooklyn Projects**, observed the water encroaching upon his store, initially believing the pre-positioned trucks would provide adequate protection. “First started going over the sidewalk, and I'm thinking, 'Well, the trucks are here, so we're going to be good.’ But that didn't work,” DeLuca explained. He detailed how the water level rapidly escalated, ultimately submerging his store to a depth of 4 to 5 inches.


## Delayed Response and Financial Losses


DeLuca further expressed frustration at the apparent lack of personnel operating the equipment during the peak of the flooding. “I'm looking at my camera, there was nobody here,” he stated, questioning the oversight. “We ran out like, 'Is this guy not seeing what's going on?’ Nobody in this one, nobody in this one, nobody around.” A subsequent video revealed a crew eventually opening a manhole cover, facilitating drainage, but only after significant damage had already transpired.

The aftermath left piles of saturated merchandise on sidewalks and compromised store inventory. DeLuca lamented the loss of sellable goods, stating, “So basically, anything that's a size medium or large or extra-large, it's all a couple inches off the ground. It all got wet. I can't sell it now. I can't take it to the cleaners. It's for like donations, so I'm screwed.” Business owners estimate financial losses reaching tens of thousands of dollars. City crews were observed returning to the area Monday evening, deploying traffic cones and sandbags in anticipation of further storms.

Copyright © 2026 KABC Television, LLC. All rights reserved.

Fairfax District Businesses Submerged in Melrose Ave Flood

Updated on: February 16, 2026 / 10:21 PM PST

A significant **winter storm** impacted Southern California on Monday, resulting in widespread **flooding** across portions of Los Angeles and a forecast calling for continued precipitation. The relentless rainfall began early in the day and persisted throughout, disrupting the evening commute and inundating both commercial properties and residential areas. Aerial footage captured by **SkyCal** around 6:00 PM revealed multiple westbound lanes of the 101 Freeway near Van Nuys and Sepulveda boulevards submerged in substantial water. 


## Freeway Disruptions and Traffic Impacts


The heavy downpour created hazardous driving conditions on several key Los Angeles area freeways. On the 101 Freeway, motorists in the unaffected lanes maintained typical speeds, while those navigating the flooded right lanes were forced to significantly reduce their velocity as water sprayed from passing vehicles. Further north, in Granada Hills, the eastbound 118 Freeway connector to the southbound 405 Freeway experienced a complete lane closure due to standing water. 

This blockage contributed to at least one reported **traffic collision**, also documented by SkyCal. The incident underscores the dangers posed by the severe weather and the potential for travel delays. Authorities urged drivers to exercise extreme caution and consider alternative routes where possible.


## Business Owners Voice Concerns Over City Infrastructure


The flooding wasn’t limited to roadways; numerous businesses in the Fairfax District, specifically along Melrose Avenue near Martel Avenue, suffered water damage. Instead of attributing the issues to natural causes, several **business owners** directed criticism towards local government, citing a perceived lack of preventative measures. **Austin Melrose**, a local entrepreneur, expressed frustration, stating, “I don't know, I had faith in this equipment, but it's a lot of money, man. These guys' salaries aren't cheap, this equipment's not cheap and if it's not working anyways, why not pay to fix the problem?”

Another affected establishment, **New Rock**, was observed removing waterlogged merchandise from its storefront. **Vahe**, the store’s owner, emphasized the recurring nature of the problem, asserting, “The city needs to fix the water problem, because not just me, but other businesses get flooded too.” Despite the presence of a water-pumping truck in the area, reports indicated a lack of personnel available to operate the equipment or access critical drainage points.


## City Council Response and Calls for Accountability


**Los Angeles City Councilmember Katy Yaroslavsky**, representing the impacted district, released a statement to CBS LA, labeling the flooding as “completely unacceptable.” Her statement highlighted prior assurances from **LASAN (LA Sanitation and Environment)** regarding the deployment of pump trucks and crews, a strategy that had proven effective in previous storms. 

However, Yaroslavsky noted a significant delay and inadequacy in the current response, leaving businesses vulnerable to damage. She announced a demand for an immediate internal review within LASAN to pinpoint the cause of the breakdown, identify responsible parties, and implement swift corrective actions. Yaroslavsky also pointed to similar issues during the 2025 rainy season, where the timely deployment of pumping resources was delayed, resulting in prior flooding incidents. “We expect answers and we expect immediate change. This cannot happen again,” she stated. 

In Koreatown, the popular restaurant "Gritz N' Wafflez" was forced to close early after experiencing significant water intrusion during service, with video showing several inches of water inside the establishment.

SoCal Storm: Flooding Shuts Down LA Freeways & Businesses

## Salesforce Leadership Addresses Controversy Over CEO’s ICE Remarks


**Marc Benioff**, CEO of Salesforce, recently sparked internal discord with jokes made about U.S. Immigration and Customs Enforcement (ICE) during a company event. The remarks, delivered at Salesforce’s employee kickoff in Las Vegas, have prompted a response from within the company’s leadership, including cofounder **Parker Harris**. Business Insider initially reported on the internal reaction and has now obtained details of Harris’s direct address to employees regarding the situation. 

Harris, who also serves as Salesforce’s Chief Technology Officer, conveyed his personal disapproval of Benioff’s comments during a meeting with the product and tech team. According to a verified transcript of the meeting, Harris stated plainly, “Marc made a very bad joke,” and further clarified, “I’m not okay with it personally.” He emphasized that the incident was attributable to Benioff’s individual actions and refrained from publicly criticizing the CEO.


## Internal Concerns and Code of Conduct Violations


The fallout from Benioff’s jokes quickly manifested within Salesforce’s internal communication channels, particularly on Slack. Several employees expressed their dismay, and executives like Slack General Manager **Rob Seaman** publicly acknowledged the inappropriateness of the comments. Seaman stated that the remarks did not align with his values or those of many other employees. This public expression of concern, however, drew repercussions from within the company.

Harris directly addressed the issue of leaks to the press during the meeting, warning employees that sharing internal discussions with external outlets like Business Insider constitutes a breach of the company’s **Code of Conduct** and could result in termination. He specifically referenced Seaman’s Slack post as an example of behavior that led to internal consequences, stating Seaman “got in big trouble ‘cause it went out on the internet.” 


## Navigating Political Sensitivity and Employee Expression


The discussion also touched upon the broader political climate and Salesforce’s position as a corporate entity. Harris acknowledged the sensitive nature of current events, referencing situations like those unfolding in Minneapolis, and stressed that the company’s software is not directly involved in these issues. He reiterated that Salesforce does not identify as a **political organization**.

Harris encouraged employees to exercise their civic duty and voice their opinions through voting, stating, “I’m going to use my democratic right to vote, and that’s how I’m gonna take action against some of the things that I’m not okay with.” He concluded by reaffirming his willingness to continue the conversation internally, while requesting that discussions remain confidential. Salesforce has not yet issued a public statement addressing the controversy, and **Benioff** has not directly commented on the internal uproar.

Salesforce CEO’s ICE Jokes Draw Fire From Cofounder Harris

## Lufthansa Nears Resolution of Boeing 787 Business Class Certification


**Lufthansa** is poised to fully monetize its Boeing 787 Dreamliner fleet as it nears the end of a protracted certification process for its new Allegris business class cabin. For months, the German carrier has operated some 787s with a significantly limited number of premium seats available for sale, impacting revenue potential. The airline announced on Monday that ticket sales for the full Allegris business class experience on the 787 will commence shortly, marking a crucial step in its fleet modernization efforts.

The issue stemmed from the complex layout of the Allegris cabin, which features five distinct staggered seat configurations – including options with doors, increased legroom, and extended beds. This variety presented challenges in demonstrating to regulators that swift passenger evacuation could be guaranteed from every seat in an emergency scenario. The **Boeing 787’s** unique fuselage geometry, differing from the Airbus A350 where Allegris debuted in May 2024, further complicated the certification process. 


## Addressing Evacuation Concerns & Expanding Seat Availability


Initially, only the front-row **Business Class Suites** – four of the 28 total business class seats – were approved for sale. This meant a substantial portion of the high-yield cabin remained unoccupied, representing a significant financial loss for Lufthansa.  The airline acknowledged the financial implications, particularly as competitors continue to invest heavily in their own premium cabin offerings. Lufthansa even opted to retrofit its Airbus A380 fleet with an already-certified business class seat to avoid repeating the lengthy and costly certification hurdles.

Lufthansa anticipates increasing the number of sellable business class seats on its 787s to 25 by mid-April.  Currently, three seats in the second row – two “Privacy” seats and one “Extra Space” seat – remain blocked from booking. Passengers can now secure “Classic” Allegris seats with a premium fare, while access to the first-row suites, privacy seats, extra-legroom options, and extra-long beds require an additional fee.


## Allegris Rollout & Future Fleet Plans


The airline currently operates eight **Allegris**-equipped Dreamliners and plans to expand the fleet to 29 by the end of 2027. Initial routes for the fully-equipped 787s include service from Frankfurt to destinations such as Rio de Janeiro, Bogota, Cape Town, Shanghai, Hyderabad, Hong Kong, and Austin.  New York-JFK and Los Angeles will be added in June, followed by Delhi in July.

Beyond the 787, Lufthansa is integrating the Allegris cabin across its Airbus A350 and Boeing 747-8 fleets, as well as its future Boeing 777Xs. However, a similar spacing issue on the upper deck of the 747 will result in a split business class configuration, with the lower deck featuring Allegris and the upper deck retaining the original cabin layout. This comprehensive fleet overhaul represents a multibillion-dollar investment by Lufthansa as it strives to restore profitability and enhance the passenger experience.

Lufthansa 787 Dreamliner: Allegris Business Class Sales Soon!

## Robinhood Demonstrates Maturity: A Turning Point in 2025


**Robinhood Markets** (HOOD +6.82%) experienced a pivotal year in 2025, resolving key uncertainties surrounding its long-term viability. Following a period characterized by market fluctuations, intense observation, and widespread doubt, the company achieved a significant milestone. This progress wasn’t driven by a surge in stock price or trading activity, but rather by a demonstrable maturation of its core business model. 

For the first time since the height of the meme-stock phenomenon in 2021, **Robinhood** transitioned from a platform heavily reliant on speculative trading to a more diversified financial services provider capable of generating consistent, repeatable earnings. This shift signals a fundamental change in the company’s operational profile and future prospects. 

Image source: Getty Images.


## Consistent Profitability Fuels Growth


The most noteworthy achievement of 2025 wasn’t a groundbreaking product release, but rather the establishment of sustained profitability. **Robinhood** reported robust revenue growth across multiple segments – transactions, interest income, and subscriptions – throughout the year. Total revenue increased by 52% year-over-year, showcasing strength in equities, options, cryptocurrency, and interest-earning assets.

Critically, this profitability wasn’t dependent on a single, exceptional trading event. The company exhibited operating leverage, meaning expenses grew at a slower pace than revenue. This represents a significant departure from previous years, where earnings were often dramatically impacted by prevailing market sentiment. This distinction is vital for investors, as companies with stable earnings are fundamentally different from those reliant on market euphoria.


## Diversified Revenue Streams Enhance Resilience


Early iterations of **Robinhood** were largely dependent on revenue generated from trading activity, particularly in options and cryptocurrencies. However, 2025 witnessed a significant broadening of its revenue mix. Interest income derived from customer cash balances, margin lending, and securities lending became a substantial contributor to overall earnings. 

Furthermore, **Robinhood Gold** subscriptions continued to expand, providing a growing stream of high-margin, recurring revenue. Company leadership also emphasized that several business lines now generate over $100 million in annualized revenue. This diversification reduces the company’s vulnerability to fluctuations within any single product category, enhancing its overall resilience.


## S&P 500 Inclusion & Strategic Expansion


A symbolic landmark for **Robinhood** in 2025 was its inclusion in the S&P 500 index. While index inclusion doesn’t immediately alter a company’s fundamentals, it signifies scale, liquidity, and acceptance from institutional investors. It also triggers automatic demand from passive funds and exchange-traded funds (ETFs) that mirror the index’s composition.

Perhaps even more importantly, this inclusion reshaped the market’s perception of the company. Previously viewed as a speculative, retail-focused entity, **Robinhood** now stands alongside established large-cap corporations. This shift influences how institutions, analysts, and long-term investors evaluate the business, bolstering its credibility. Alongside this, product development accelerated with the launch of the **Robinhood Gold Card** and improvements to crypto infrastructure, including wallet functionality and expanded token access. International expansion also gained momentum, notably with tokenized stock trading in Europe. 

Despite these advancements, it’s important to acknowledge that **Robinhood** remains susceptible to market cycles. Cryptocurrency trading volumes experienced periods of decline, impacting revenue, and options activity continues to influence quarterly performance. However, the company now possesses a more diversified revenue base, providing stability even during cyclical downturns.

Robinhood's 2025: Profit & Maturity Signal a Turning Point

by **Shelby Slaughter** Mon, February 16, 2026 at 2:43 PM Updated Mon, February 16, 2026 at 5:19 PM

**Mount Hood** experienced significant snowfall by Monday afternoon, drawing winter sports enthusiasts to its slopes. The fresh powder created ideal conditions for skiing, snowboarding, and other recreational activities, marking a welcome change for the region. This precipitation arrives after a notably dry start to the winter season, offering a boost to both tourism and local businesses. 


## Mount Hood Snowfall: Relief for Local Businesses


Local enterprises are expressing considerable optimism following the recent accumulation of snow on **Mount Hood**. The snowfall is expected to revitalize the winter tourism season, which had previously faced challenges due to unseasonably warm temperatures. Businesses reliant on winter recreation are particularly encouraged by the improved conditions.

**Ed Rogers**, owner of the **Huckleberry Inn**, shared his relief with KATU, stating, “Normally, we get something in December, you know. I mean, it was two or three feet at least, but we were zero.” This highlights the stark contrast between current conditions and the earlier lack of snowfall, emphasizing the positive impact of the recent weather event. 


## Winter Recreation Conditions Improve


The recent snowfall has dramatically altered conditions on **Mount Hood**, shifting from icy patches to a more desirable powder base. A skier interviewed by KATU News noted, “The last couple days, it was really sunny. It was more icy, less snow.” This observation underscores the rapid and beneficial transformation brought about by the latest storm.

**Rogers** expressed a desire for continued snowfall, hoping it will allow visitors to confidently plan trips to the mountain. He explained, "We're trying to recoup, but we're not anything near. But, if it was six or seven feet, people would have got a plan to come up here.” The forecast indicates colder air and a low snow level through Thursday morning, potentially extending the favorable conditions.


## Forecast and Continued Snow Potential


The arrival of colder air is anticipated to maintain the current snow level near 500 feet through Thursday morning, according to KATU. This extended period of cold temperatures could lead to further accumulation, solidifying the positive impact on winter recreation. Officials are monitoring conditions closely to ensure visitor safety and maximize the benefits of the snowfall.

Mount Hood Snowfall Revives Winter Tourism & Local Economy

## Apple Announces March Product Event, New Devices Anticipated


**Apple** announced on Monday plans for a product launch event scheduled for March 4th, signaling the imminent arrival of several new offerings. The tech giant extended invitations to media professionals for in-person “experiences” in New York, Shanghai, and London, suggesting a potentially more intimate presentation format than traditionally held at its Cupertino headquarters. 

This event marks a shift in Apple’s presentation style, potentially moving away from the large-scale keynotes that have become synonymous with its product reveals. While the invitation doesn’t confirm whether the event will be simultaneously streamed online – a practice adopted since 2020 due to pandemic-related restrictions – **Bloomberg News** will provide comprehensive coverage of the unveiling. Industry analysts anticipate a range of updates across Apple’s product lines in the coming months.


## Upcoming Apple Product Roadmap Revealed


According to reporting from Bloomberg News, **Apple** is actively preparing a substantial wave of new products slated for release in the first half of 2026. This includes refreshed iterations of the **MacBook Pro** and **MacBook Air** lines, alongside the introduction of a more affordable **MacBook** available in a variety of color options. 

Furthermore, the company is expected to unveil new **iPad** models to broaden its tablet portfolio. In the nearer term, Apple is also developing the **iPhone 17e**, positioned as an upgraded version of its mid-range smartphone, offering consumers a compelling balance of features and price.


## Ford Explores Potential Collaboration with Chinese Automakers


**Ford Motor Co.** is reportedly considering a strategic partnership with Chinese automotive manufacturers to facilitate the production of electric vehicles within the United States. **Jim Farley**, Ford’s Chief Executive Officer, engaged in discussions with former officials from the **Trump** administration last week regarding a potential framework for such collaborations.

The proposed model involves joint ventures between US and Chinese companies, structured with the American partner maintaining a controlling stake. These ventures would aim to foster a reciprocal exchange of profits and technological expertise. While discussions remain preliminary and no definitive decisions have been made, the concept mirrors the requirements previously imposed on Western automakers establishing operations in China.


## Federal Reserve Poised to Adjust Mortgage Capital Requirements


US financial institutions are preparing for revised **mortgage loan** requirements as the **Federal Reserve** nears the release of a long-awaited bank capital proposal linked to **Basel III** regulations. **Michelle Bowman**, the Fed’s leading authority on bank supervision, indicated that the new measures will focus on enhancing the “risk sensitivity” of capital requirements for residential real estate holdings.

Bowman explained that the proposed changes could better align capital reserves with actual risk levels, bolstering on-balance-sheet lending by banks. This adjustment could potentially reverse the 15-year trend of mortgage activity shifting towards non-bank lenders. She delivered these remarks on Monday at an event hosted by the **American Bankers Association** in Florida.

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