Starbucks is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement announced Monday, Boyu acquire a 60% interest in Starbucks’ retail operations in China, which is valued at $4 billion. Starbucks will retain a 40% interest in the joint venture and will own and license…… MORE
SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal to run OpenAI’s systems on Amazon’s cloud services. OpenAI will access hundreds of thousands of Nvidia’s AI chips through Amazon Web Services. The deal was announced Monday, just days after OpenAI changed its partnership with Microsoft. Last week, California and Delaware regulators allowed…… MORE
WASHINGTON (AP) — Treasury Secretary Scott Bessent says he plans to take a “ringside seat” at the U.S. Supreme Court on Wednesday. That’s when the justices are set to hear arguments on whether President Donald Trump overstepped federal law in setting many of his sweeping tariffs. Trump had said he wanted to go to the…… MORE
Denny’s said Monday that it’s being acquired by a group of investors who will take the breakfast chain private. Denny’s board unanimously approved the deal, which values Denny’s at $620 million including debt. The company will be purchased by private equity investment company TriArtisan Capital Advisors, investment firm Treville Capital and Yadav Enterprises, which is…… MORE
PORTLAND, Ore. (AP) — A federal judge in Oregon has once again barred President Donald Trump’s administration from deploying the National Guard to Portland, Oregon until at least Friday. Trump appointee U.S. District Court Judge Karin Immergut issued the ruling Sunday after a three-day trial and says she will issue a final ruling on Friday.…… MORE
KHAN YOUNIS, Gaza Strip (AP) — Skeletons are neighbors for some Palestinians in Gaza who found nowhere else but cemeteries to shelter from the war. Gravestones have become seats and tables for families in a dusty, sun-baked cemetery in the southern city of Khan Younis. Some 30 families shelter there. The vast majority of Gaza’s…… MORE
ABU DHABI, United Arab Emirates (AP) — Abu Dhabi hosts a major oil summit Monday, just after the OPEC+ group of the cartel and its allies announced they would halt planned production increases for early 2026. This decision comes amid new oil sanctions from the U.S. and the U.K. targeting Russia over its war on…… MORE
(WBAP/KLIF) – DALLAS, TX – Police Chief Daniel Comeaux stated that he turned down a $25 million dollar offer from ICE to enforce federal immigration laws. However, Mayor Johnson argues that elected officials should be the ones to decide whether that partnership is right for the city. In a memo, Chief Comeaux ) stated that…… MORE
(WBAP/KLIF) – On Tuesday Texas voters will decide on 17 constitutional amendments that could shape state policy. The propositions include funding for water infrastructure, bail reform, tax exemptions, and health research initiatives. Proposition 3 would require judges to deny bail in certain cases involving specific felonies like murder, aggravated assault, and indecency with a child.…… MORE
WASHINGTON (AP) — President Donald Trump says he “won’t be extorted” by Democrats to reopen the government, making clear that he has no plans to negotiate as the government shutdown will soon enter its sixth week. In an interview on CBS’s “60 Minutes” that aired on Sunday, Trump predicted that Democrats will eventually capitulate to…… MORE
