New Yorkers have a new logo in town as Luckin Coffee, a popular Chinese coffee chain, announces its debut in the United States. The Starbucks rival opened its first two stores in New York City on Monday, as the Xiamen-based coffee purveyor sets out to expand its market and garner favor with U.S. customers. The…
The WNBA is expanding to 18 teams over the next five years, with Cleveland, Detroit and Philadelphia all set to join the league by 2030. Cleveland will begin play in 2028, Detroit in 2029 and Philadelphia the season after, assuming they get approval from the NBA and WNBA Board of Governors. Toronto and Portland will…
Maintaining the safety of our food Maintaining the safety of our food 07:51 Gaiser’s European Style Provisions Inc. is recalling approximately 143,416 pounds of ready-to-eat bologna due to misbranding, federal health officials said Friday. In the announcement, the U.S. Department of Agriculture’s Food Safety and Inspection Service said the products, which were distributed to wholesale…
Toronto — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. President Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and…
Driving Force: Uber CEO Dara Khosrowshahi – CBS News Watch CBS News He’s the son of an immigrant family who fled Tehran and the Iranian revolution. He’s also the chief executive officer of Uber, who has worked to change the culture of the company he took over in 2017, helping make it a leading transportation…
It’s rare to sit down with a CEO and the CEO’s mother. The proud mom is Lili Khosrowshahi; her son, Dara, is behind the wheel at Uber as its chief executive. “I actually say he works for Uber,” said Lili. “Sometimes I say he drives, he’s a driver.” They sat down with us to share…
Famed investor Warren Buffett is donating $6 billion worth of his company’s stock to five foundations, bringing the total he has given to them since 2006 to roughly $60 billion, based on their value when received. Buffett said late Friday that the shares of Berkshire Hathaway will be delivered on Monday. Berkshire Hathaway owns Geico,…
Chrysler is voluntarily recalling some of its 2022-2025 Pacifica and Voyager vehicles to replace their side curtain airbags, if needed. The recall potentially affects 250,651 vehicles, and it’s because some side curtain airbags may not hold enough pressure during deployment to limit the risk for passengers during certain types of crashes, according to the National…
Hundreds of thousands of workers across more than a dozen cities and states will soon receive higher pay, thanks to minimum wage hikes set to go into effect July 1. More than 800,000 workers in two states —Alaska and Oregon — as well as Washington, D.C., will be impacted by higher minimum wages that take…
Fed Chair: Tariffs could drive up inflation Fed Chair testifies that tariffs could drive up inflation, which is why rates were held steady 03:04 President Trump says he’s “terminating all discussions on trade with Canada, effective immediately,” after Canada announced a digital services tax on large foreign and domestic technology companies. Posting on Truth Social…
