Category: news
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New Starbucks CEO Brian Niccol commits to working with union as talks move forward
Starbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its baristas, as the two sides work to craft a labor deal. “I deeply respect the right of partners to choose, through a fair and democratic process, to be represented by a union,” Niccol…
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Surging AI demand could cause the world’s next chip shortage, research says
A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to a report released Wednesday by consultancy Bain & Co. The last major semiconductor shortage happened during the Covid-19 pandemic amid supply chain disruption and a rise in demand for consumer electronics as…
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Quest 3S, VR glasses, Llama 3.2 AI
Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division and a cheaper offering than its predecessor. The device will go on sale on Oct. 15 and will retail starting at $299, down from the $499 starting price for 2023′s Quest 3. The device can be used…
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Southwest Airlines to cut service and staffing in Atlanta to slash costs
Southwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo seen by CNBC. The changes come a day before Southwest’s investor day, when executives will map out the company’s plan to cut costs and grow revenue as pressure mounts…
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Mortgage refinance boom takes hold, as weekly demand surges 20%
A steady decline in mortgage rates to two-year lows has current homeowners rushing to take advantage of potential savings. Applications to refinance a home loan surged 20% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was a stunning 175% higher than the same week one year…
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Project 2025 is broadly known and severely unpopular with voters
Nearly all voters who are familiar with Project 2025, a conservative policy road map that Vice President Kamala Harris and the Democratic Party have used to criticize former President Donald Trump, view the plan in a negative light, a new NBC News poll shows. About 57% of registered voters report feeling negatively about Project 2025, with…
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Putin issues a nuclear warning to the West over Ukraine
MOSCOW — President Vladimir Putin said on Wednesday that Russia could use nuclear weapons if it was attacked by any state and that any conventional attack on Russia that was supported by a nuclear power would be considered to be a joint attack. Putin, opening a meeting of Russia’s Security Council attended by top officials,…
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REI membership guide: What you should know
REI is a go-to retailer for every outdoor enthusiast’s needs. The brand specializes in essentials for camping, hiking, running, climbing, cycling and many other outdoor activities. In fact, some of REI’s most highly rated items include its half-dome tents, reusable water bottles and rain jackets from brands like Columbia, The North Face and Patagonia. In…
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Muslim group endorses Harris despite opposition to her Gaza policy
One of the nation’s largest Muslim political groups endorsed Vice President Kamala Harris on Wednesday despite fierce opposition to her Middle East policy, saying that stopping former President Donald Trump is paramount. “We feel it’s our obligation to speak truthfully to our communities as they grapple with perhaps the most difficult electoral choice they’ve ever…
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Russian parliament backs ban on adoptions from countries that allow gender transitions
MOSCOW — The Russian parliament on Wednesday gave its initial backing to legislation that would ban nationals from countries that allow people to change their gender from adopting Russian children, a move it said was essential to uphold “traditional values.” Russia itself last year introduced a ban on people legally or medically changing their gender, part of…