Rite Aid will soon be much smaller as it works through a bankruptcy exit strategy with lenders.Read more...

Starbucks is having a tough time reaching consumers all over the world. In the U.S., its supply isn’t meeting demand, and in China, it’s ambitious expansion plans are lagging. Read more...

The Dow Jones Industrial Average and other major stock indexes ended the week on a high note thanks to renewed hope for interest rate cuts later this year. That’s because data from the Bureau of Labor Statistics showed that the U.S. added 175,000 jobs in April, falling short of the anticipated 235,000 gain and slowing…Read more...

Waymo plans to soon start testing fully autonomous rides across California’s San Francisco Peninsula, despite criticism and concerns from residents and city officials. Read more...

The Transportation and Security Administration plans to vastly expand its use of facial recognition technology in the U.S., going from 25 airports with the tech to over 430 by this July. And a group of 14 senators from both parties are not happy, arguing in a new letter that, “this powerful surveillance technology as…Read more...

Rabbit CEO Jesse Lyu defended the Rabbit R1 for the last week, telling Gizmodo and other outlets that it’s “not an Android app.” Now, he may have to defend the next fatal claim for an AI device: that it’s not just a ChatGPT wrapper. The push-to-talk feature on Rabbit R1s experienced a brief outage on Thursday night,…Read more...