David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
David's Bridal plans to spin off AI platform Pearl into publicly traded company
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
France protests: Macron condemns 'stupid' comments from Trump, others as bond market pressure builds
France is facing a mounting economic crisis that pushed its 10-year government bond yield to a new 24-year high on Thursday.
CNBC
California's Proposition 40: What voters need to know about the billionaire wealth tax
California's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3.
CNBC
Trump's approval rating on economy hits all-time low as midterm looms: CNBC survey
Eight out of 10 Americans now rate the economy as fair or poor, one of several findings in a CNBC poll that show why Republican candidates face uphill battles.
CNBC
Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.
CNBC
American Express brings Airbnb bookings and rewards to Amex Travel platform
More than 1 million Airbnb listings are now available to book through Amex Travel, allowing customers to earn membership points on prepaid bookings.
CNBC
Why governments pulled websites offline over a decades-old programming language
Servers that use the popular PHP programming language were exposed to a critical security bug. Millions of websites have their data at risk.