Business
Four minutes or less. That is how long the Starbucks chief executive officer would like for it to take from order to drink in hand. The new operating model is called “Green Apron Service,” according to WGN. Starbucks CEO Brian Niccol said he believes it needs to become “the world’s greatest…
Philips is investing more than $150 million toward U.S. manufacturing and research and development with the goal of expanding the production of AI-powered health technology innovations. While it’s far from the company’s first investment in its domestic operations, it aligns with the Trump administration’s goals of boosting domestic manufacturing and…
Amazon announced Wednesday it is expanding its same-day delivery service to include thousands of perishable food items, marking the retail giant’s latest move to compete with delivery options available through Walmart+ and Instacart. Shoppers in more than 1,000 cities and towns across the U.S. can now include fresh groceries —…
President Donald Trump told reporters on Wednesday afternoon that he has narrowed down the list of potential successors to Federal Reserve Chairman Jerome Powell to “three or four” candidates and intends to announce his decision earlier than planned. “I think I’ll name it a little bit early – the new…
Geoffrey Hinton, one of the most prominent figures in the world of artificial intelligence, is sounding the alarm that machines could soon outthink humans, and he’s advocating for “maternal instincts” to be built into advanced systems to ensure AI cares for and protects people. Hinton believes artificial general intelligence, a…
As New York City Democratic mayoral candidate Zohran Mamdani promotes the idea of city-run grocery stores, one city-owned market in Missouri closed its doors on Tuesday after years of struggling and millions of taxpayer dollars. Local news outlets reported the doors to the Kansas City Sun Fresh market were locked…
After months of investigation and negotiations, Texas Attorney General Ken Paxton announced Wednesday that WK Kellogg Co. “Kellogg’s” will permanently remove toxic dyes from its cereals. In a historic legal agreement, Paxton and Kellogg’s signed an Assurance of Voluntary Compliance (AVC), which certifies that the company commits to removing artificial…
A member of the Federal Reserve panel that makes decisions about monetary policy said that he favors keeping interest rates at their current level to prevent strong levels of economic activity spurring a resurgence of inflation. Federal Reserve Bank of Kansas City President Jeffrey Schmid said that, in his view of…
Treasury Secretary Scott Bessent on Wednesday said that he doesn’t think the Bureau of Labor Statistics (BLS) needs to pause monthly jobs report releases because of instances of large revisions in the data in subsequent reports. Bessent was interviewed on “Bloomberg Surveillance” and he was asked about comments made by Heritage Foundation…
New Jersey residents are facing huge spikes in energy costs this year, and rising outrage is leading to speculation that it could cost the state’s Democratic leaders in upcoming elections. Most New Jersey households were hit with a 17-20% rate hike starting in June, approved by New Jersey’s Board of…