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Monday,  November 25 , 2024

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Talton: Starbucks’ new CEO faces a venti-sized turnaround challenge

August 27, 2024, 8:49am Business

It’s difficult to say precisely when my discontent with Starbucks set in, but Wall Street’s displeasure with the company became clear earlier this month with the sudden ejection of Laxman Narasimhan as CEO and his replacement by Brian Niccol. Read story

FILE - Facebook CEO Mark Zuckerberg testifies before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington, April 10, 2018.

Zuckerberg says the White House pressured Facebook over some COVID-19 content during the pandemic

FILE - Facebook CEO Mark Zuckerberg testifies before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington, April 10, 2018.

August 27, 2024, 8:48am Business

Meta CEO Mark Zuckerberg says senior Biden administration officials pressured Facebook to “censor” some COVID-19 content during the pandemic and vowed that the social media giant would push back if it faced such demands again. Read story

Red Lobster closing more restaurants. What about Vancouver and other PNW locations?

August 27, 2024, 8:05am Business

Red Lobster restaurants in Washington, Idaho and Oregon — including one in Kennewick — have largely been spared as the bankrupt company shutters its most unprofitable locations. Read story

FILE - The New York Stock Exchange is shown on Aug. 13, 2024, in New York.

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

FILE - The New York Stock Exchange is shown on Aug. 13, 2024, in New York.

August 26, 2024, 2:00pm Business

The Dow Jones Industrial Average climbed to an all-time high, even as big tech companies weighed on the broader market, leading U.S. stock indexes to a mixed finish on Wall Street. Read story

Faye Guenther, president of local UFCW 3000, hugs Carol McMillian, bakery manager at Kroger-owned King Soopers and member of Local 7, after a news conference about the Kroger and Albertsons merger outside the federal courthouse on Monday, Aug. 26, 2024, in Portland, Ore.

Kroger and Albertsons head to court to defend merger plan against U.S. regulators’ objections

Faye Guenther, president of local UFCW 3000, hugs Carol McMillian, bakery manager at Kroger-owned King Soopers and member of Local 7, after a news conference about the Kroger and Albertsons merger outside the federal courthouse on Monday, Aug. 26, 2024, in Portland, Ore.

August 26, 2024, 1:40pm Business

Supermarket chain Albertsons told a federal judge Monday that it might have to lay off workers, close stores and even exit some markets if its planned merger with Kroger isn't allowed to proceed. Read story

FILE - Planes taxi under the aerial passenger walkway at Seattle-Tacoma International Airport, March 3, 2022, in Seattle.

Apparent cyberattack leaves Seattle airport facing major internet outages

FILE - Planes taxi under the aerial passenger walkway at Seattle-Tacoma International Airport, March 3, 2022, in Seattle.

August 26, 2024, 1:40pm Business

An apparent cyberattack disrupted internet, phones, email and other systems at Seattle-Tacoma International Airport for a third day on Monday as Port of Seattle officials worked to investigate the outages and restore full service. Read story

FILE - The exterior of a Google data center is pictured in The Dalles, Ore., on Oct. 5, 2021. Residents of The Dalles should soon know how much of their water Google's data centers there have been using to cool the computers, after a lawsuit seeking to keep the information confidential was dropped. Data centers around the world help people stream movies, store trillions of photos and conduct daily business online, but a single facility can churn through millions of gallons of water per day.

Energy demand from data centers growing faster than West can supply, experts say

FILE - The exterior of a Google data center is pictured in The Dalles, Ore., on Oct. 5, 2021. Residents of The Dalles should soon know how much of their water Google's data centers there have been using to cool the computers, after a lawsuit seeking to keep the information confidential was dropped. Data centers around the world help people stream movies, store trillions of photos and conduct daily business online, but a single facility can churn through millions of gallons of water per day.

August 26, 2024, 1:39pm Business

Data centers being rapidly built in the West are becoming an “emerging risk” to electrical grid reliability in the region, according to regional transmission experts. Read story

Uber hit by record $324 million fine for data transfers to U.S.

August 26, 2024, 9:02am Business

Uber Technologies Inc. was hit by a record €290 million ($324 million) fine by the Dutch privacy watchdog for failing to abide by European protection standards when it shipped swathes of sensitive data about its drivers to the U.S. Read story