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…
Business
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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…
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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…
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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…
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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…
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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…
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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…
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Business
U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
by adminNintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up…
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Business
U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
by adminNintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up…
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Business
Walmart is using its own fintech firm to provide credit cards after dumping Capital One
by adminWalmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of credit cards with a bank partner for customers of the world’s biggest retailer. OnePay is partnering with…