Breaking News: Business
Panera Bread is testing automated coffee brewing with Miso Robotics
Miso Robotics’ CookRight Coffee System Source: Miso Robotics Panera Bread is piloting Miso Robotics’ new automated coffee brewing system as it doubles down on its drink subscription program. It’s part of a broader shift across the restaurant industry toward automation as many eateries struggle to find workers and labor costs rise. For example, McDonald’s is […]
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WHO says it closely watching China as it grapples with its worst Covid surge of the pandemic
The World Health Organization on Monday said it is monitoring a major surge in Covid cases in mainland China, an outbreak that local officials have attributed to the more contagious omicron BA.2 subvariant. Dr. Kate O’Brien, director of WHO’s immunization and vaccine program, said the agency is in contact with public health authorities in China […]
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Oil drops, Brent crude falls below $100 as China lockdowns spark demand fears
Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 3.9%, or $4.02, to trade at […]
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Denver over Dubai: U.S. airports dominate rankings of world’s busiest last year
Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021. Stephen M. Dowell | Orlando Sentinel | Getty Images U.S. airports made up eight of the 10 busiest hubs around the world last year, according to new rankings released Monday, as a jump in domestic leisure travel displaced some […]
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Shopify plans a 10-for-1 stock split, eyes ‘founder share’ to protect CEO’s voting power
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon shareholders’ approval, Shopify will […]
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JetBlue is cutting its summer schedule to avoid further flight disruptions
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hire ahead of what executives expect to be a monster peak travel season. “We’ve already reduced May capacity 8-10% and you can expect to […]
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Starbucks CEO Howard Schultz says he’s not anti-union, but his past tells a different story
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images | Lightrocket | Getty Images Howard Schultz’s first week back at the helm of Starbucks ended with seven more company-owned cafes unionizing, bringing the total […]
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Target tiptoes back into resale with new ThredUp deal, as it makes sustainability push
Target ThredUp website Source: Target Target is tiptoeing back into secondhand sales through a deal with resale company, ThredUp. The big-box retailer confirmed Friday that it launched a page on ThredUp’s website in late March that includes listings of women’s and kids’ apparel, along with accessories. Some items are from Target’s private labels, such as […]
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Will Smith banned from attending the Oscars for 10 years after slapping Chris Rock on stage
US actor Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Smith has been banned from attending the Academy Awards for the next decade after […]
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United pushes back the return of dozens of Boeing 777 jets until at least May 13
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is pushing back the return of dozens of Boeing 777 jets, taken out of service after an engine failure last year, until at least May 13, according to a note sent to pilots, which […]
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