The switch to quieter electric equipment is not going as fast as some would like.
Business
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The cuts affect the company’s corporate staff in technology and coffeehouse development. The reductions don’t involve cafe closures.
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Business
Travelodge boss resigns amid criticism over handling of assaults; oil price tops $93 a barrel – as it happened
Joanna Boydell has quit as budget hotel chain scrambles to improve safetyMeanwhile, the UK’s sports fashion retailer JD Sports has slashed its …
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Investors have plowed a record $366 billion in venture-capital funding into the state amid the AI boom.
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Plus, America’s colleges hurtle toward an enrollment cliff, and Hawaii chases the startup wave.
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Business
US Treasury bond yields tumble after Scott Bessent steps in to calm market – as it happened
US Treasury department announces it will ‘at least’ double its government debt purchases OpenAI has said it has slowed down the pace …
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Business
Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – as it happened
Youth unemployment down to 16.2% but remains at high level; Brent crude climbs above $91 a barrel as US-Iran ceasefire endsThe retail …
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Business
Government borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened
British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reportsAsking prices for newly listed homes in UK’s richest borough …
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Plus, we examine why Big Tech’s AI spending is $3 trillion higher than it seems, and how Burger King overtook Wendy’s.
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The burger’s overhaul, overseen by a corporate chef who had already worked magic at Popeyes, is helping propel a comeback.