Business

The Associated Press reports: People in Moscow who were disappointed when Starbucks closed its coffee shops after Russia sent troops into Ukraine may now feel a caffeine jolt of hope: A nearly identical operation is opening in the capital. The name’s almost the same: Stars Coffee. The logo could be the separated-at-birth twin of the Starbucks mermaid, with flowing hair, …

Reuters reports: Billionaire entrepreneur Elon Musk, who is attempting to walk away from his deal to acquire Twitter, is seeking documents from advertising technology firms as part of his quest to gain more information on bot and spam accounts on Twitter, according to filings in a Delaware court on Thursday. Musk’s lawyers have subpoenaed both Integral Ad Science and DoubleVerify …

Axios reports: Elon Musk told GOP congressional leaders and big-dollar donors on Tuesday that Republicans need to present a more compassionate front to voters and appeal to immigrants like himself, Axios has learned. While Musk has been publicly flirting with the Republican Party all year, his attendance at an exclusive GOP retreat in Wyoming marks a new level of involvement …

Bloomberg News reports: Apple Inc. is aiming to hold a launch event on Sept. 7 to unveil the iPhone 14 line, according to people with knowledge of the matter, rolling out the latest version of a product that generates more than half its sales. The new iPhones will kick off a busy fall product season, which will also include multiple …

The Verge reports: American Airlines announced Tuesday that it has placed an order for up to 20 supersonic aircraft from Boom Supersonic, with an option for an additional 40 jets. American is the second major airline to bet on the return of ultra-fast air travel in just two years. The amount of money exchanging hands was not disclosed, but American …

Via press release from Heathrow Airport: Following a consultation with airlines, Heathrow has confirmed it will extend the existing limits on the airport’s capacity through to 29 October, the end of the summer season. This will provide passengers with confidence ahead of their half-term getaways. In July, Heathrow introduced temporary capacity limits to improve passenger journeys over the summer getaway. …

CNN reports: An employment discrimination lawsuit filed by a former Delta Air Lines flight attendant says she was fired for posting an image of former President Donald Trump wearing a Ku Klux Klan hood on her personal Facebook page. The plaintiff, Leondra Taylor, who is Black, admitted she posted a cartoon image on her personal Facebook page. The image was …

Deadline Hollywood reports: Walt Disney’s total DTC subscribers all in totaled 221.1 million for the company’s fiscal third quarter ended in June. That was a big beat for Disney+ and its parent, and also marked the first time anyone has passed Netflix in total streaming subs. Netflix reported 220.67 million total global subs, after losing almost 1 million for the …

The Hill reports: Elon Musk on Tuesday evening appeared to tease creating his own social media platform if he does not ultimately buy Twitter. “Have you thought about creating your own social platform?” Tesla Owners Silicon Valley asked the billionaire on Twitter. “If Twitter deal doesn’t come through.” “X.com,” Musk responded. In 1999, Musk co-founded an online financial services company …

Reuters reports: Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t …

NBC New York reports: Call it an unintended side effect of the state’s plastic bag ban. New Jersey supermarkets say shoppers are walking off with baskets and are loading up the store baskets and taking those home, instead. Statewide, supermarkets and grocery stores are reporting that handheld baskets have gone missing by the thousands. Forgetful shoppers who might be trying …

The Associated Press reports: A vulnerability in Twitter’s software that exposed an undetermined number of owners of anonymous accounts to potential identity compromise last year was apparently exploited by a malicious actor, the social media company said Friday. It did not confirm a report that data on 5.4 million users was offered for sale online as a result but said …

Bloomberg News reports: Amazon.com Inc. hasn’t just bought a maker of robot vacuum cleaners. It’s acquired a mapping company. To be more precise: a company that can make maps of your home. The company announced a $1.7 billion deal on Friday for iRobot Corp., the maker of the Roomba vacuum cleaner. And yes, Amazon will make money from selling those …

Reuters reports: Elon Musk on Saturday challenged Twitter Inc (TWTR.N) Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. “Let him prove to the public that Twitter has <5% fake or spam daily users!,” Musk said in a tweet. He also started a poll asking users whether less than 5% …

Reuters reports: Twitter Inc on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was “implausible and contrary to fact.” Musk made the claims in a countersuit filed under seal last Friday, which was made public on Thursday. “According to Musk, he …

The Salt Lake Tribune reports: Lions Not Sheep is a Utah-based clothing company launched in 2016 that makes stridently pro-America, pro-gun, pro-Trump shirts, hats and apparel. Every order comes with a free copy of the U.S. Constitution because they love America. So much so, in fact, that they had made a big deal about all their clothing being manufactured right …

The Los Angeles Times reports: The California Department of Motor Vehicles has accused Tesla of false advertising in its promotion of the company’s signature Autopilot and Full Self-Driving technologies. The agency alleges the electric carmaker misled customers with advertising language on its website describing Autopilot and Full Self-Driving technologies as more capable than they actually are. The company “made or …

The Insider reports: Twitter has issued a slew of subpoenas to some of Silicon Valley’s biggest names amid its legal battle with Elon Musk. Twitter sent legal requests to billionaire investors Chamath Palihapitiya and Marc Andreessen on Monday. Twitter also subpoenaed one of the entrepreneurs that helped Musk found PayPal, David Sacks, SpaceX and Tesla board member Stephen Jurvetson, as …

Bloomberg News reports: Elon Musk’s behavior is putting off prospective customers and perturbing some Tesla owners. The trends have shown up in one consumer survey and market research report after another: Tesla commands high brand awareness, consideration and loyalty. fusk’s antics, on the other hand? They could do without. Creative Strategies, a California-based customer-experience measurer, mentioned owner frustration with Musk …

NBC News reports: With heat waves rolling across the country, and states like Texas and Oklahoma experiencing record hot summers, workers exposed to the elements are increasingly struggling under the heat. More than a dozen UPS employees and union leaders say this year more workers seem to be getting sick and been hospitalized because of the heat than ever before. …