World News
Starbucks moves to the next phase in its turnaround: Winning over employees
As Starbucks aims to bring back customers and assuage investors with its turnaround strategy, it is also winning over its store managers with promises to add more seating inside cafes and promote internally. Since CEO Brian Niccol’s first week at the company, he’s been pledging to bring the company “back…
Read More »Trump made millions on guitars, Bibles and watches with his name on them, disclosure reveals
President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday. Released by the Office of Government Ethics, Trump’s 2025 financial disclosure spans 234 pages in…
Read More »Anne Wojcicki to buy back 23andMe and its data for $305 million
Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, the company announced Friday. TTAM will acquire substantially all of 23andMe’s assets for $305 million, including its Personal Genome Service and Research…
Read More »Trump says national security concerns in Nippon-U.S. Steel deal can be resolved
U.S. President Donald Trump said on Friday that concerns over national security risks posed by Nippon Steel’s $14.9 billion bid for U.S. Steel can be resolved if the companies fulfill certain conditions that his administration has laid out, paving the way for the deal’s approval. Shares of U.S. Steel rose…
Read More »Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
LAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to Starbucks” strategy. The enthusiasm from the 71-year-old Starbucks chairman emeritus is a key stamp of approval for Niccol as he…
Read More »U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up “out of stock” signs. The record-breaking start for the company’s first new console in eight years, puts Nintendo on the…
Read More »U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up “out of stock” signs. The record-breaking start for the company’s first new console in eight years, puts Nintendo on the…
Read More »Walmart is using its own fintech firm to provide credit cards after dumping Capital One
Walmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of credit cards with a bank partner for customers of the world’s biggest retailer. OnePay is partnering with Synchrony, a major behind-the-scenes player in retail cards, which will issue the cards and handle underwriting decisions starting in the…
Read More »Chipotle to launch Adobo Ranch dip after sluggish start to the year
Chipotle Mexican Grill is hoping that Americans’ love for ranch will boost its sales. On June 17, the burrito chain is launching Adobo Ranch, a spicier take on the iconic condiment that has transcended salads to adorn pizza, chicken wings and chips. The menu item is Chipotle’s first new dip…
Read More »‘He’s like Iron Man’: Jensen Huang lit up London Tech Week — and we were in the room
LONDON — Wherever Nvidia CEO Jensen Huang goes, excitement follows — this time, all the way to London Tech Week. The Nvidia boss — whom Wedbush analyst Daniel Ives dubs the “godfather of AI” — is more like a rockstar these days, given his wide-spanning effect on the AI industry.…
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Starbucks moves to the next phase in its turnaround: Winning over employees
As Starbucks aims to bring back customers and assuage investors with its turnaround strategy, …
