Aug 02, 2023
U.S. fast-food chains add automation to boost speed

By Kailyn Rhone (Reuters) - From robotic grills to faster blenders with custom ice and milk dispensers, major U.S. restaurant chains including Starbucks, Domino's, and Chipotle are touting new technologies to automate production, cut labor costs and potentially boost profit…

Jul 31, 2023
X reorganizes trust and safety team under Musk, CEO Yaccarino

By Sheila Dang (Reuters) -X owner Elon Musk and Chief Executive Linda Yaccarino will both oversee the trust and safety team at the company formerly known as Twitter, the social media concern said on Monday. X's product and engineering team…

Jul 28, 2023
Wall Street ends week higher on US soft landing hopes

By Carolina Mandl and Bansari Mayur Kamdar (Reuters) - All three major U.S. indexes ended the week with gains, after a slew of Big Tech earnings, economic data and central bank announcements boosted investor confidence in a soft landing for…

Jul 28, 2023
Ocean shippers playing catch up to electric vehicle fire risk

By Lisa Baertlein and Anthony Deutsch LOS ANGELES/AMSTERDAM (Reuters) - Electric vehicles are crisscrossing the globe to reach their eager buyers, but the battery technology involved in the zero- emission automobiles is exposing under-prepared maritime shippers to the risk of…

Jul 27, 2023
Netflix reworks Microsoft pact, lowers ad prices – WSJ

(Reuters) -Netflix is restructuring its advertising partnership with Microsoft for its lower-priced ad-supported subscription plan and is also cutting ad prices, the Wall Street Journal reported on Thursday. The streaming company launched the $7-per-month plan with commercials last year in…

Jul 26, 2023
Taylor Swift merchandising sales boost Universal Music’s results

By Alessandro Parodi (Reuters) -The sale of Taylor Swift merchandising pushed revenue at Universal Music Group in the second quarter, the world's largest record label said on Wednesday. The American pop star's ongoing "Eras Tour" has attracted enough fans to…

Jul 25, 2023
Twitter blue bird has flown as Musk says X logo is here

By Supantha Mukherjee, Martin Coulter and Sheila Dang (Reuters) -After 17 years with an iconic blue bird that came to symbolize the broadcasting of ideas to the world, billionaire Elon Musk renamed Twitter as X and unveiled a new logo,…