Chinese Consumers Won T Return to Pre Covid Spending Soon A Problem for Starbucks Morgan Stanley Says
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Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.MarketWatch - Business -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's direction
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's directionABC News - World -
Ryan Garcia claims pre-fight antics were all a ruse; Oscar De La Hoya says 'King Ry' won't fight at 140 again
Garcia and his promoter have some big plans after their big win this past weekendCBS Sports - Sports -
Venezuela broke its HPV vaccine promises, and there's barely any sex ed. Experts say it's a problem
Venezuela’s government has repeatedly broken its promise to provide vaccines against HPV for free, and many public-school teachers ignore the requirement to teach sex edABC News - Health -
Venezuela broke its HPV vaccine promises, and there's barely any sex ed. Experts say it's a problem
Venezuela’s government has repeatedly broken its promise to provide vaccines against HPV for free, and many public-school teachers ignore the requirement to teach sex edABC News - World -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
‘Don’t Inject Bleach’: Biden Mocks Trump on Anniversary of Covid Comments
President Biden has homed in on the infamous moment, which crystallized the chaos of the Trump presidency, as he trolls his political opponent.The New York Times - Top stories - Joe Biden -
16 Best Recycled and Upcycled Clothes (2024): Leggings, Sneakers, T-shirts
Who knew plastic bottles could look (and feel) this good? These leggings, shoes, and other apparel help keep waste out of landfills.Wired - Tech -
Take A Look At Zelda: Tears Of The Kingdom's New T-Shirt Collection
Uniqlo's range of gaming graphic tees includes some of the more stylish designs around, and for fans of The Legend of Zelda, the new Tears of the Kingdom line is definitely worth checking out. The new line of Zelda apparel just launched today ...GameSpot - Tech -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
Starbucks and Union Restart Contract Talks After Bitter Standoff
The company and Workers United, which represents more than 10,000 of the chain’s employees, broke off negotiation nearly a year ago.The New York Times - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
The return of net neutrality
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story FCC revives Obama-era net neutrality rules The Federal Communications Commission (FCC) voted 3-2 along partisan lines to restore net neutrality rules, ...The Hill - Politics -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
2024 NFL Draft closes chapter for COVID-wrecked 2021 recruiting class defined by visit bans, canceled season
For better or worse, the Class of 2021 finally gets the (in-person) stage it deservesCBS Sports - Sports - NFL -
How the first 17 games of the Stanley Cup playoffs will influence the rest of the first round
From the Rangers' victory variety to the Leafs' power-play struggles to the Predators' new identity, here's what we've learned in the 2024 postseason.ESPN - Sports -
2024 NHL Playoffs bracket: Stanley Cup Playoffs schedule, standings, games, TV channels, times
The 2024 NHL postseason continues on Monday nightCBS Sports - Sports - NHL -
2024 NHL Playoffs bracket: Stanley Cup Playoffs schedule, standings, games, TV channels, times
The 2024 NHL postseason continues on Monday nightCBS Sports - Sports - NHL -
Riding in an Uber in NYC Could Soon Come With a Side Order of Ads
Ads, ads, everywhere--even in your rideshare.Inc. - Business -
TikTok could soon be sold. Here's how much it's worth.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.CBS News - Top stories - Tiktok -
Best pre-Memorial Day deals on barbecue grills
Barbecue season is finally here, so if you're shopping for a new grill, here's your chance to save some cash.CBS News - Top stories -
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
U.K. consumers get a spring back in their step as confidence mounts
Consumer confidence ticked a little higher in the U.K. this month, suggesting Britons are feeling more well-off as real incomes rise.MarketWatch - Business -
Eddie Redmayne, Gayle Rankin on the return of "Cabaret" to Broadway
"Sunday Morning" looks at the enduring popularity of the John Kander/Fred Ebb musical "Cabaret," from its debut in 1966 and the Oscar-winning Bob Fosse film, to the latest revival on Broadway, in a production titled "Cabaret at the Kit Kat Club." ...CBS News - Entertainment -
The Ghost of the 1968 Antiwar Movement Has Returned
The suffering in the war in Gaza is unacceptable. Young people will make that point clear this summer in Chicago.The New York Times - Top stories -
Wassell returns as Scotland chase third place
Scotland make three changes for their final Six Nations match away to Ireland as they chase a best finish since 2005.BBC News - Top stories