A popular coffee company from China will be opening its first American location in New York City. Luckin Coffee will open at 755 Broadway at East Eighth Street in the East Village, as reported by EV Grieve. There is no opening date yet. In recent years, coffee shops has become increasingly more popular in China…
The SpaceX Starship sits on a launch pad at Starbase near Boca Chica, Texas, on October 12, 2024, ahead of the Starship Flight 5 test. The test will involve the return of Starship’s Super Heavy Booster to the launch site. Sergio Flores | Afp | Getty Images Over the weekend, Elon Musk got his new…
Sam Altman, CEO of OpenAI, is seen through glass, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, on Feb. 11, 2025. Aurelien Morissard | Via Reuters OpenAI has bowed to pressure from civic leaders and ex-employees, announcing in a blog post on Monday that its nonprofit would retain…
In a Wednesday interview with CNBC’s Jim Cramer, Yum Brands CEO David Gibbs claimed President Donald Trump’s sweeping tariffs haven’t impacted the company’s many chains across the world. “We have not seen any pushback related to tariffs in any of the markets that we operate in,” Gibbs said. “We are not affected by tariffs, as…
Top executives at well-known US firms are warning about the impact that tariffs are having on their companies and the wider economy. Technology giant Intel, footwear maker Skechers and consumer goods firm Procter & Gamble, have either cut their profit forecasts or withdrawn them citing economic uncertainty. US President Donald Trump has been trying to…
Vin Gupta, then-chief medical officer at Amazon Pharmacy, speaks during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington, on Oct. 18, 2023. Jason Redmond | Afp | Getty Images Amazon has lost the chief medical officer of its pharmacy division after five years at…
Mikio Okumura, group CEO and president of Sompo Holdings Inc. Bloomberg | Bloomberg | Getty Images Sompo Holdings, Inc., one of Japan’s biggest insurance companies, says it’s using artificial intelligence to help alleviate a critical shortage of workers needed to care for the country’s aging population. AI and other technology can replace tasks normally performed…
U.S. President Donald Trump talks to the media, next to Tesla CEO Elon Musk with his son X Æ A-12, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters More than eight out of every 10 respondents to a Morgan Stanley survey believe Tesla CEO Elon Musk’s controversial political…
A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment company BlackRock. The sale comes after weeks of complaining by President Donald Trump that the canal is under Chinese control and that the US should take control of…
Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | Reuters Social media company X has agreed to pay about $10 million to settle a lawsuit by President Donald Trump, who has put X’s billionaire owner Elon Musk…
