Starbucks wants to be the place you pick up your coffee and go, but also the place where you order and stay. Competitors like Dunkin’ Donuts (DNKN) have been focused on getting you in and out faster, pouring funds into drive-thrus, digital kiosks and bottled iced coffees. Starbucks is embracing these concepts, too. CEO Kevin […]
Category: Top News
GE’s determined makeover could dim deal prospects
GE’s message to dealmakers: Not so fast. The company is wedded to a plan it outlined Tuesday to sell 20 percent of its healthcare unit and distribute the other 80 percent to shareholders through a tax-efficient spinoff, people familiar with management’s thinking said. Tax concerns make GE wary of entertaining other options for its healthcare […]
With CBD, marijuana-based medicine gets its first greenlight from the FDA
In a news release today, the FDA announced its approval of a marijuana-derived drug called Epidiolex for the treatment of seizures in a subset of patients suffering from severe epilepsy. Epidiolex contains CBD, a cannabis chemical compound skyrocketing in popularity and driving what is estimated to have doubled into a $200 million market in 2018. […]
We may have answered the Fermi Paradox: We are alone in the universe
Alien life should be everywhere. The sheer abundance of stars in the universe (the number far outstrips the total count of every grain of sand on every beach on Earth) suggests that, somewhere, an intelligent lifeform should be warming itself on a distant planet. Even if life evolves rarely, ET should be phoning. Yet, by […]
Tesla Model 3 battery production is at 5,000 unit per week, says Gigafactory employee
Tesla is currently making its final end of the quarter push to bring Model 3 production up to its target of 5,000 units per week. The automaker has now reportedly addressed one of the main bottlenecks as a manager claims that Tesla achieved the targeted production rate at Gigafactory 1, where they make the Model […]
China is unleashing more than $100 billion into its economy
China is freeing up more than $100 billion to help its economy, which is facing fears of a slowdown and an escalating trade war. The country’s central bank said late Sunday that it is set to release as much as 700 billion yuan ($107 billion) into the financial system by reducing the amount of deposits […]
Strawberry Moon 2018: How to Catch This Sweet Event Alongside Rare Saturn Views
Hot on the heels of the Summer Solstice, June’s waxing moon will reach its full lunar phase in the wee hours of June 28, kicking off a summer of celestial happenings. Stargazers are in for a treat since this full moon, known as the Strawberry Moon, also happens to arrive during Saturn opposition, meaning Saturn […]
One last toy run! All Toys R Us stores will close on or before Friday
Toys R Us shoppers have been taking their last selfies with Geoffrey and making their final purchases. All Toys R Us and Babies R Us stores will close on or before Friday, the iconic toy retailer announced. Many stores nationwide won’t make it until Friday with some closing Tuesday, Wednesday or Thursday. Just like the […]
US imported more seafood in 2017 than any prior year
The United States imported more seafood last year than at any point in its history, and the nation’s trade deficit in the sector is growing, federal data show. The U.S. imported more than 6 billion pounds of seafood valued at more than $21.5 billion in 2017, according to data from the National Oceanic and Atmospheric […]
Uber battles to keep London license in court appeal
Uber [UBER.UL] goes to court on Monday to overturn a decision stripping it of its license in London after being ruled unfit to run a taxi service in its most important European market. Regulator Transport for London (TfL) shocked the Silicon Valley firm last September by refusing to renew its license, citing failings in its […]
How A Plant-Based Diet Can Help Calm Your Nerves
We live in a hectic world, and sometimes our nerves become frayed as our minds start to race. Natural remedies like yoga, meditation, mindful breathing, and calming essential oils can help, but what you are eating may also work to quiet and ease the wondering mind. In fact, a vegan, anti-inflammatory diet rich in specific […]
SpaceX test-fires reused rocket in preparation for space station cargo mission
A rocket booster SpaceX used to launch a planet-hunting NASA observatory two months ago fired again Saturday at Cape Canaveral, clearing a major pre-flight checkout before blastoff June 29 with a space station supply ship. After running the rocket through a mock launch countdown, SpaceX engineers oversaw the brief ignition of the Falcon 9’s first […]