Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the spring, like the companies had …
Business
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Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency gains’ over time. ‘We will need fewer people doing some of the jobs …
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The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million …
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Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not launch any new products in the U.S. containing those ingredients. The company said …
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President Donald Trump’s business organization has announced the creation of a new wireless phone service that will carry the president’s name. Trump Mobile, as the service will be known, will soon be available for what …
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As Starbucks aims to bring back customers and assuage investors with its turnaround strategy, it is also winning over its store managers with promises to add more seating inside cafes and promote internally. Since CEO …
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Business
Trump made millions on guitars, Bibles and watches with his name on them, disclosure reveals
by adminPresident Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday. …
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Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, the company announced Friday. TTAM will acquire …
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U.S. President Donald Trump said on Friday that concerns over national security risks posed by Nippon Steel’s $14.9 billion bid for U.S. Steel can be resolved if the companies fulfill certain conditions that his administration …
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Business
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
by adminLAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to Starbucks” strategy. The enthusiasm from …