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Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
Corporate America has been desperate to see a burst of productivity (i.e., cost cutting) emerging from the latest flood of agentic AI euphoria, and it is slowly starting to get it. Not everyone will be pleased.
Starbucks is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft and IBM.
According to Bloomberg, the coffee chain, whose stock price has gone nowhere in the past 3...
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Jun 29, 2026 / Tyler Durden
Oil Markets Are Pricing A Supply Surge That Isn't Guaranteed
Oil Markets Are Pricing A Supply Surge That Isn't Guaranteed
Authored by Irina Slav via OilPrice.com,
Oil prices are tumbling as tankers stream out of the Strait of Hormuz, but most of that traffic is stranded vessels finally allowed to leave, not new supply heading in.
Iran struck a commercial ship near Oman this week even as the 60-day U.S.-Iran ceasefire holds and markets keep pricing in a supply glut.
The U.S. strategic petroleum reserve is at its lowest level in four decades, and China may resume buying once it stops selling off...
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Jun 11, 2026 / Tyler Durden
Pardoned J6er Sues Government For $18 Million Over Alleged Abuse In Pretrial Detention
Pardoned J6er Sues Government For $18 Million Over Alleged Abuse In Pretrial Detention
Authored by Matthew Vadum via The Epoch Times,
A former Jan. 6 defendant who alleged torture and other abuse in custody is suing the federal government for almost $18 million.
The lawsuit by Ryan Samsel of Bristol, Pennsylvania, was filed late June 9 in federal court in Virginia, six months after he gave the government the legally required notice he was planning to litigate.
He is seeking $17,980,000 from the federal government for physical and mental injuries suffered from January...
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Feb 18, 2026
Christine Lagarde to leave ECB before the end of her 8-year term
European economists regard Spain’s former central bank governor Pablo Hernández de Cos and his Dutch counterpart Klaas Knot as top picks to become the next ECB president.
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