Subway plans to open nearly 4,000 stores in China in one of its biggest deals ever
Subway, the world's biggest sandwich chain, announced Tuesday that it would open almost 4,000 new stores across the country over the next 20 years, increasing its current retail footprint there by more than seven times.
2023-06-07 12:59
12.9 million Chinese students take college entrance exam as pressures mount
For nearly 13 million high school students across China, Wednesday marks a day that could make or break their plans for college and the increasingly competitive job market beyond.
2023-06-07 11:20
Ozempic is taking China by storm. Drugmakers are scrambling to boost supplies
Ozempic, originally a medication for treating diabetes, is in high demand worldwide with celebrities and social media users touting it as a miracle drug for weight loss. Now the frenzy is sweeping through China, where being "wafer thin" is a prevailing beauty standard, leading to shortages in the country.
2023-06-07 10:23
Apple's Vision Pro goggles unleash a mixed reality that could lead to more innovation and isolation
Reporters are a skeptical bunch, so it was unusual to hear so many of them raving about their firsthand experience with Apple’s next Big Thing
2023-06-07 07:57
Martha Stewart says America will 'go down the drain' if people don't return to office
Martha Stewart slammed remote work culture, saying in an interview with the magazine Footwear News, that people cannot "possibly get everything done working three days a week in the office and two days remotely."
2023-06-07 07:20
US crypto investors are left with few options
Back-to-back lawsuits against two of the world's biggest crypto enterprises are sending a chill through the fragile ecosystem of digital assets in the United States.
2023-06-07 06:52
Recalled pillows linked to 10 infant deaths still being sold on Facebook Marketplace, US agency says
Federal safety regulators are urging consumers to stop using baby pillows that have been linked to 10 infant deaths but are still being sold on Facebook Marketplace, despite being recalled two years ago
2023-06-07 05:16
Jamie Dimon told House Democrats that Congress should 'get rid of' the debt ceiling, source says
During a closed-door lunch on Tuesday, JPMorgan Chase CEO Jamie Dimon told moderate House Democrats that Congress should abolish the debt ceiling, a person familiar with the matter tells CNN.
2023-06-07 05:15
SEC sues Coinbase for allegedly acting as an unregistered crypto broker
The US Securities and Exchange Commission, Wall Street's top regulator, sued Coinbase, America's largest crypto exchange, on Tuesday. The SEC is cracking down on some of the biggest names in cryptocurrency over alleged security violations.
2023-06-07 03:56
Lululemon stands by decision to fire employees who intervened in robbery
Lululemon's CEO Calvin McDonald said the retailer stands by its decision to fire two employees who tried to intervene during a theft at one of its stores.
2023-06-07 03:53
Biden convenes his Cabinet on the heels of debt ceiling resolution
President Joe Biden is set to convene his Cabinet Tuesday, bringing his top lieutenants together to discuss a wide range of topics for the first Cabinet meeting since he declared his candidacy for reelection and days after Congress passed a bipartisan bill to avert a catastrophic default.
2023-06-07 03:21
US government ramps up its gas price forecast. Blame OPEC and Saudi Arabia
Forecasters at the US Energy Department on Tuesday ramped up their forecasts for American oil and gasoline prices next year, citing new steps by Saudi Arabia and OPEC+ to restrain the supply of oil.
2023-06-07 02:54