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Categories Economy

Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

June 13, 2025

LAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief

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Categories Economy

U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

June 12, 2025

Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with

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Categories Economy

U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

June 12, 2025

Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with

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Categories Economy

Walmart is using its own fintech firm to provide credit cards after dumping Capital One

June 11, 2025

Walmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of credit cards with a bank partner for customers of

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Categories Economy

Chipotle to launch Adobo Ranch dip after sluggish start to the year

June 11, 2025

Chipotle Mexican Grill is hoping that Americans’ love for ranch will boost its sales. On June 17, the burrito chain is launching Adobo

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Categories Economy

Tesla stock sinks as Musk and Trump ridicule each other

June 9, 2025

One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and

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Categories Economy

Trump implies government could cut contracts and subsidies to Musk’s companies

June 8, 2025

President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s

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Categories Economy

Procter & Gamble to cut 7,000 jobs as part of broader restructuring

June 7, 2025

Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs

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Categories Economy

Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

June 6, 2025

Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on

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Categories Economy

OpenAI tops 3 million paying business users, launches new features for workplace

June 5, 2025

OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February.

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