Investments and Business

For Gen Z, an Age-Old Question: Who Pays for Dates?

For Gen Z, an Age-Old Question: Who Pays for Dates?

During a recent dinner at a cozy bar in Upper Manhattan, I was confronted with an age-old question about gender norms. Over bowls of ramen and sips of gin cocktails, my date and I got into a debate: Who should pay for dates?My date, a 27-year-old woman I matched with on Hinge, said gender equality didn’t mean men and women should pay the same when they went out. Women, she said, earn less than men in the workplace, spend more time getting ready for outings and pay more for reproductive care.When the date ended, we split the bill. But our…
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On Board Royal Caribbean’s Icon of the Seas for its First Cruise

On Board Royal Caribbean’s Icon of the Seas for its First Cruise

One man got down on his knees and kissed the rug emblazoned with the ship’s logo. Another lifted his wife and swung her around, ecstatic to be among the roughly 5,000 passengers to embark on the inaugural sailing of the world’s largest cruise ship, the Icon of the Seas.For months, the 250,800-ton ship, which can carry nearly 8,000 people, has been making headlines — including some that have criticized its size and potential to damage the environment. But the passengers who plunked down $1,800 to $100,000 and boarded the ship at Port Miami in Florida on Jan. 27, said nothing…
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Disney Tops Earnings Forecast and Raises Dividend

Disney Tops Earnings Forecast and Raises Dividend

Robert A. Iger has insisted for months that his turnaround plan for Disney was working. But distinct proof has been elusive, and investors, as evidenced by the company’s underperforming stock price and multiple proxy campaigns by activists for board seats, have been hesitant to buy in.On Wednesday, Mr. Iger delivered financial proof — along with a flurry of announcements about future entertainment offerings, including a “Moana” sequel, the arrival of Taylor Swift’s concert movie on Disney+, a partnership with Epic Games to create a Disney universe connected to Fortnite, and the 2025 rollout of a flagship ESPN streaming service that…
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BP to Increase Oil Output Amid Strong Demand, New Chief Says

BP to Increase Oil Output Amid Strong Demand, New Chief Says

BP’s new chief executive, Murray Auchincloss, promised a flexible approach to the shift away from fossil fuels as the oil giant reported a $3 billion profit in its latest quarter on Tuesday.Mr. Auchincloss said in an interview after BP reported earnings that the company was pursuing what he called a “demand strategy.” BP’s shares rose nearly 5 percent in trading in London, where the company is based.BP has a plan to become what Mr. Auchincloss called an integrated energy company. But in the meantime, “we see growing demand for energy right now across the globe,” he said. “It is not…
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