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AI is driving huge productivity gains for large companies while small companies get left behind
World

AI is driving huge productivity gains for large companies while small companies get left behind

Amazon Proteus robots demonstrate autonomous navigation using barcodes on the floor during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Massachusetts, US, on Thursday, Nov. 10, 2022.  Bloomberg | Bloomberg | Getty Images Artificial intelligence is widening the productivity gap between large and small companies, lifting up bigger firms that […]

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Here’s where the economy is starting to show ‘K-shaped’ bifurcation
Business

Here’s where the economy is starting to show ‘K-shaped’ bifurcation

Jasondoiy | E+ | Getty Images Amid recession fears, a government shutdown and tariff uncertainty, consumers are increasingly diverging in their spending. Wealthier Americans are engaging their purchasing power, while lower-income Americans are starting to pull back — commonly described as a “K-shaped” economy. Friday’s consumer price index report could shed more light on the […]

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Amazon Web Services outage takes down major websites
World

Amazon Web Services outage takes down major websites

Amazon Web Services Inc. signage at the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Amazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday, taking down numerous big-name websites. AWS cited an “operational issue” affecting “multiple […]

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AI Sam Altman and the Sora copyright gamble: ‘I hope Nintendo doesn’t sue us’
World

AI Sam Altman and the Sora copyright gamble: ‘I hope Nintendo doesn’t sue us’

Samuel Boivin | Nurphoto | Getty Images OpenAI launched short-form video app Sora this week, and users have flooded the platform with artificial intelligence-generated clips of popular brands and animated characters. The startup could soon face a deluge of copyright lawsuits, experts told CNBC. “A lot of the videos that people are going to generate […]

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From PepsiCo to Taco Bell, dirty soda is taking over
Business

From PepsiCo to Taco Bell, dirty soda is taking over

Utah-based drink chain Swig coined “dirty soda” back in 2010. Fifteen years later, the trend is fueling innovation everywhere from PepsiCo to McDonald’s, infusing the sluggish beverage category with new life. “Dirty soda” drinks use pop as a base, followed by flavored syrups, cream or other ingredients. While Swig claims credit — and the trademark […]

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Convenience stores are eating fast-food chains’ breakfast
Business

Convenience stores are eating fast-food chains’ breakfast

A Wawa store is seen on May 29, 2024 in Washington, DC. Kent Nishimura | Getty Images Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended in July, while visits to food-forward convenience stores climbed 9% in the same period, according to […]

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From sweet treats to protein boosts, chains are banking on beverages to drive sales
Business

From sweet treats to protein boosts, chains are banking on beverages to drive sales

If it feels like there are a lot of new drinks on restaurant menus, it’s because there are. Driven by younger consumers who crave customized, cold beverages, chains from Dunkin’ to Dutch Bros, Starbucks and McDonald’s are answering the call. The number of beverages offered by the top 500 chains has increased by more than […]

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China’s booming bubble tea industry faces a test: Is it here to stay or just a fad?
World

China’s booming bubble tea industry faces a test: Is it here to stay or just a fad?

Bubble tea may have started as a playful drink, but it has grown into an industry worth billions.  The global bubble tea market size will grow from $2.83 billion in 2025 to $4.78 billion by 2032, according to a report from Fortune Business Insights. This year, three Chinese bubble tea chains — Mixue Group, Guming […]

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Craveworthy Brands becomes managing partner of Gregorys Coffee
Business

Craveworthy Brands becomes managing partner of Gregorys Coffee

Gregorys Coffee was founded in 2006 and has more than 50 locations. Source: Gregorys Coffee Craveworthy Brands is now investor and managing partner of Gregorys Coffee, a New York City-based coffee chain with dreams of a nationwide footprint. The two companies announced the deal on Thursday. Financial terms were not disclosed. Craveworthy Brands, a fast-growing […]

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Stocks making the biggest moves midday: Apple, Viasat, McDonald’s, Grocery Outlet and more
Finance

Stocks making the biggest moves midday: Apple, Viasat, McDonald’s, Grocery Outlet and more

Check out the companies making the biggest moves midday: Apple — The iPhone maker gained more than 5% after a White House official confirmed the company would invest another $100 billion in the U.S. That would bring Apple’s total U.S. investment over the next four years to $600 billion . Grocery Outlet — The discount […]

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