American Airlines vs Emirates Group

Ethan Mollick on AI Agents, Friction, and 2027 Predictions

In this interview, Wharton professor Ethan Mollick discusses the rapid advancement of AI capabilities, the gap between such progress and macroeconomic impact, and the rise of proactive personal AI agents like Meta's Muse and OpenAI's Dot. He highlights how these agents, by accessing emails and calendars, can solve everyday problems like canceling subscriptions or correcting tax forms, thereby reducing friction in ways that may disrupt existing business models. Mollick warns that companies are unprepared for the influx of agent-driven interactions, such as customer service calls and comparison shopping, and notes that Amazon has already banned Muse. He argues that while AI's capability growth is underestimated by forecasters, its economic adoption is faster than expected, and predicts a transformative phase ahead as AI agents become more proactive.

• Ethan Mollick, a Wharton professor, discussed AI progress and agents in an interview.
• Meta's AI agent Muse and OpenAI's Dot are highlighted as proactive personal agents.
• Mollick claims Amazon has banned Muse.

oneworld Launches Multi-Carrier Digital Check-In Across Alliance

The oneworld airline alliance has introduced an enhanced multi-carrier digital check-in experience across its global network. The new technology allows passengers to scan their passport, receive boarding passes, and save them directly to their digital wallet via their preferred airline's app. This applies to flights operated by any oneworld member airline, regardless of the first operating carrier, simplifying the journey for customers with multi-carrier itineraries. Malaysia Airlines was the first to adopt this technology, followed by all member airlines. The system is powered by oneworld's proprietary technology, which enables different members' systems to communicate via a shared digital platform. Future phases will include check-in on codeshare itineraries and dynamic, up-to-the-minute boarding passes. The announcement was made at the second oneworld Innovation Summit in Lisbon.

• oneworld launches multi-carrier digital check-in across all member airlines.
• Passengers can scan passports, receive boarding passes, and save to digital wallet.
• Technology applies to flights operated by any oneworld carrier, regardless of first operating carrier.

Target earnings, Canada tariffs, American Airlines screens

CNBC’s Morning Squawk highlights market-moving items on Aug. 19, 2026: Moderna shares jumped as much as 100% after a personalized cancer vaccine developed with Merck showed positive late-stage results. Global bond yields have spiked, pressuring stocks and mortgage rates ahead of Fed minutes and the Jackson Hole conference. Retailers saw tariff refunds boost earnings: Target said refunds added $752 million to Q2 net earnings and raised its full-year outlook; Lowe’s credited an 11-cent EPS lift but gave a tepid outlook and missed revenue expectations. President Trump paused planned 50% tariffs on certain Canadian goods for three days pending final documents. American Airlines announced plans to add seatback screens to most narrow-body aircraft starting in 2028. Auto dealers are emphasizing parts and services as new-vehicle sales soften.

• Moderna shares rose as much as 100% after a personalized cancer vaccine it developed with Merck showed positive results in its first late-stage trial.
• Target said tariff refunds boosted its net earnings by $752 million in the second quarter and raised its full-year outlook.
• Lowe’s credited tariff refunds for an 11 cent increase in EPS but issued a tepid full-year outlook and missed second-quarter revenue expectations.

Emirates Group doubles down on its commitment to Emiratisation at Ru’ya Careers UAE

The Emirates Group will return to Ru’ya Careers UAE, taking place at Dubai World Trade Centre from 28 to 30 September. From students and graduates to early-career professionals and experienced talent …