Archives
Starbucks Refuses to Discount Drinks as Price War Mounts in China's Booming Coffee Sector
Initially reluctant to engage in price wars in China's competitive coffee market, Starbucks now faces pressure to adapt as local budget-friendly rivals gain traction, prompting a surge in discount coupons.
US Employers Hesitant to Hire College Graduates Involved in Pro-Palestinian Protests
64% of US employers, among 1,268 business leaders surveyed, express concerns about hiring recent graduates who participated in pro-Palestinian protests within the last six months.
Stellantis, Italy Near Agreement on New Hybrid EV Model for Mirafiori Amid Union Pressure
Stellantis is expected to announce the production of a hybrid version of its 500e electric vehicle at the Mirafiori plant in Turin, Italy, in response to union demands and to address declining EV sales and government criticism.
Elon Musk's xAI Valued at $24 Billion After Securing New Funding to Compete Against OpenAI
Elon Musk's AI startup xAI has successfully secured $6 billion in series B funding, propelling its post-money valuation to an impressive $24 billion.