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  • Starbucks CEO wants to make it easier for customers to get a cup of coffee — as he reveals his bold plan to overhaul stores


    Starbucks CEO wants to make it easier for customers to get a cup of coffee — as he reveals his bold plan to overhaul stores

    Starbucks CEO wants to make it easier for customers to get a cup of coffee — as he reveals his bold plan to overhaul stores

    Investors are hoping that Niccol, an industry veteran and former Chipotle Mexican Grill head, will simplify the company’s leadership and operating structure, and reinvigorate the coffee-house culture at Starbucks’ US stores.


    Boeing overcharged Air Force $150K for soap dispensers: watchdog

    Boeing overcharged Air Force $150K for soap dispensers: watchdog

    Boeing said Tuesday it was reviewing the report, adding that it “appears to be based on an inapt comparison of the prices paid for parts that meet military specifications and designs versus basic commercial items that would not be qualified or approved for use on the C-17.”


    Olympus fires CEO after allegations he bought illegal drugs — sending shares down 6%

    Olympus fires CEO after allegations he bought illegal drugs — sending shares down 6%

    Olympus was interested in deals in digital technology and robotics after selling off its camera, voice recorder and microscope businesses, Takeuchi told Reuters in a November 2022 joint interview with Kaufmann.


    Nvidia briefly overtakes Apple as world’s most valuable company

    Nvidia briefly overtakes Apple as world’s most valuable company

    Nvidia’s shares hit a record high on Tuesday, building on a rally from last week when TSMC, the world’s largest contract chipmaker, posted a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in AI.


    World Bank bureaucrats lost track of at least $24B in funds fighting climate change: ‘Could be twice or 10 times more’

    World Bank bureaucrats lost track of at least $24B in funds fighting climate change: ‘Could be twice or 10 times more’

    “There is no clear public record showing where this money went or how it was used,” Oxfam said in a press release, adding that it was even “unclear” whether funds sent to poorer countries to fight global warming were even spent on climate change projects.


    Prefer Indicorns over Unicorns for a Indian approach to biz: Kunal Bahl

    Prefer Indicorns over Unicorns for a Indian approach to biz: Kunal Bahl

    Drawing attention to the rampant usage of the term 'unicorn' in the Indian venture capital industry, he said the world and India have been celebrating unicorns for many years now, but it's important to ask why this concept exists in the first place.


    Tesla, Warner Bros. sued for allegedly ripping off images from ‘Blade Runner 2049’ to promote cybercab

    Tesla, Warner Bros. sued for allegedly ripping off images from ‘Blade Runner 2049’ to promote cybercab

    The lawsuit did not name specific damages but said Alcon had spent hundreds of millions of dollars building the Blade Runner 2049 brand, and said the “financial magnitude of the misappropriation here was substantial.”


    Chhattisgarh govt to start paddy procurement at MSP from November 14

    Chhattisgarh govt to start paddy procurement at MSP from November 14

    The amount includes the MSP fixed by the central government and the difference is paid as input subsidy to enable farmers to get Rs 3,100 for a quintal of yield.


    Blue state regulators could hike price at pump just days after election, GOP lawmakers warn

    Blue state regulators could hike price at pump just days after election, GOP lawmakers warn

    Gavin Newsom and the Democrat-controlled legislature — is scheduled to vote just days after the election on a new proposal that would lower carbon emissions faster, but increase the cost of petroleum refineries.


    Need to frame rules on entry, exit of data from telecom network: COAI DG

    Need to frame rules on entry, exit of data from telecom network: COAI DG

    The government needs to enforce rules on the entry and exit of data from Indian telecom networks, including that of Over-The-Top (OTT) players, a senior official of the industry body COAI said on Thursday.


    Holidays will disappoint as inflation-battered shoppers ‘running out of money’: ex-Target exec

    Holidays will disappoint as inflation-battered shoppers ‘running out of money’: ex-Target exec

    Storch cited sticky inflation that has kept prices high — putting strain on consumers’ wallets — and a tense geopolitical atmosphere, as former President Donald Trump and Vice President Kamala Harris remain neck and neck ahead of the election and wars rage in Gaza and Ukraine.


    DOJ antitrust win over Google will ‘very likely’ kill $25B iPhone search deal with Apple: Jefferies

    DOJ antitrust win over Google will ‘very likely’ kill $25B iPhone search deal with Apple: Jefferies

    Google is “very likely” to be barred from paying billions of dollars each year to Apple to ensure its search engine is enabled by default on iPhones after its stunning loss to the Justice Department in a landmark antitrust trial, according to analysts at Jefferies.


    DPIIT relaxes mandatory quality control order for cookware for micro units

    DPIIT relaxes mandatory quality control order for cookware for micro units

    An exemption for 200 units of cookware, utensils and cans for food and beverages intended for research and development (R&D) by manufacturers of such goods and articles has also been introduced through a specific provision, it added.


    Dow hits all-time high, soars over 400 points as investors cheer big bank earnings

    Dow hits all-time high, soars over 400 points as investors cheer big bank earnings

    The Dow and S&P 500 scored record closing highs on Friday, with the big boosts from financial stocks after banks reported strong quarterly results while the latest inflation data fueled expectations for a Federal Reserve rate cut in November.


    MHI seeks ARAI’s comments on consumer grievances against Ola Electric

    MHI seeks ARAI’s comments on consumer grievances against Ola Electric

    The Ministry of Heavy Industries (MHI) has requested the Automotive Research Association of India (ARAI) to provide its views on the growing number of consumer grievances against Ola Electric.


    Washington Post ‘lost faith’ in Taylor Lorenz after she ‘misled’ bosses about Biden ‘war criminal’ post: report

    Washington Post ‘lost faith’ in Taylor Lorenz after she ‘misled’ bosses about Biden ‘war criminal’ post: report

    Biden has been branded a “war criminal” primarily by pro-Palestinian supporters who are outraged over policies related to Israel amid its ongoing military action in Gaza, Lebanon and other Middle Eastern countries.


    Nykaa, Licious pilot fast delivery services to meet growing consumer demand

    Nykaa, Licious pilot fast delivery services to meet growing consumer demand

    The report quoted a quick commerce executive as saying that low-cost beauty items, such as kajal and skincare products, are popular in rapid delivery formats, with similar trends emerging in fashion and home decor categories.


    HBO filmmaker believes he found bitcoin’s creator, whose identity has been unknown

    HBO filmmaker believes he found bitcoin’s creator, whose identity has been unknown

    Todd told The Washington Post that due to Nakamoto’s potential wealth, Hoback’s claim that he is the bitcoin inventor could make him a target for kidnappers or other criminals.


    Southeast Asia cyber scammers stole $37B in 2023 as AI-driven crimes soar: UN report

    Southeast Asia cyber scammers stole $37B in 2023 as AI-driven crimes soar: UN report

    While individuals with low levels of cyber literacy have typically been “easy prey” for scammers and digital natives have been able to identify scams, artificial intelligence has the potential to change this trend by creating more convincing schemes, Tsukerman said.


    ‘Shark Tank’ star says there’s ‘zero evidence’ that automation at ports ‘hurts wages at all’

    ‘Shark Tank’ star says there’s ‘zero evidence’ that automation at ports ‘hurts wages at all’

    The International Longshoremen’s Association (ILA), which represents 45,000 striking workers, said the union and USMX have reached a “tentative agreement on wages and have agreed to extend the Master Contract until January 15, 2025 to return to the bargaining table to negotiate all other outstanding issues.”


    Clear laws, SOPs needed to protect workers, manufacturers’ interests: GTRI

    Clear laws, SOPs needed to protect workers, manufacturers’ interests: GTRI

    The government needs to focus on formulating clear laws, and standard operating procedures to protect workers and interests of companies to foster a more stable industrial environment in the country, economic think tank GTRI has suggested.


    Govt okays National Mission on Edible Oils-Oilseeds with Rs 10K cr outlay

    Govt okays National Mission on Edible Oils-Oilseeds with Rs 10K cr outlay

    The Corridors of Phase-II connect North to South and East to the West of Chennai, passing through the major influence areas at Madhavaram, Perambur, Thirumayilai, Adyar, Sholinganallur, SIPCOT, Kodambakkam, Vadapalani, Porur, Villivakkam, Anna Nagar, and St. Thomas Mount, connecting large number of industrial, commercial, residential and institutional establishments, and also providing effective Public Transport for the work force engaged in these clusters and connectivity to various parts of the city.


    ‘Women bunk tech career for lack of support, higher education cost’

    ‘Women bunk tech career for lack of support, higher education cost’

    "While the higher cost of education can sometimes be a factor, the bigger issue is a lack of encouragement from a young age, limited role models, and not enough support for women entering STEM related fields," workforce solutions provider NLB Services CEO Sachin Alug told PTI.


    Digi Yatra’s international pilot project likely in June: CEO Khadakbhavi

    Digi Yatra’s international pilot project likely in June: CEO Khadakbhavi

    India has not yet launched e-passports, which contain an embedded microchip storing biometric data, such as fingerprints or facial recognition, for enhanced security and seamless travel.