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Luckin Coffee jumps after announcing unmanned retail strategy LK;SBUX

* Stories are summarized by an A.I. * Companies mentioned: LK, SoftBank, COST, and Ucommune Luckin Coffee jumps after announcing unmanned retail strategy LK;SBUX LK (Luckin Coffee Inc ADR) | The Fly At the press conference, Luckin Coffee also disclosed that its number of self-operated stores reached 4,507 by the end of 2019, which the Company believes makes it the largest coffee chain by number of stores in China as of December 31, 2019. Read More SoftBank in talks to sell stake in Indian renewables venture: ET SFTBF (SoftBank Group Corp) | Reuters REUTERS/Issei Kato/File PhotoBENGALURU (Reuters) - SoftBank Group Corp (9984.T) is in talks to sell a majority stake in its renewable energy joint venture in India as it looks to raise cash after facing setbacks to its global investments, India’s Economic Times daily reported on Thursday. Read More New Cambridge Analytica Leaks Reveal Psychological Manipulation Of Global Population Zero Hedge The latest CA wh...
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Boeing 737 crashes shortly after takeoff in Iran

* Stories are summarized by an A.I. * Companies mentioned: BA, SpaceX, TSLA, CITIC, and BP Boeing 737 crashes shortly after takeoff in Iran BA (The Boeing Company) | UPI A Boeing 737 with at least 170 people on board crashed shortly after takeoff from Imam Khomeini International Airport in Tehran on Wednesday, killing all on board, according to Iranian state-news media. The Boeing 737-800 plane was headed to the Ukrainian capital of Kyiv and crashed two minutes into its flight, according to Flightradar24. Ali Khashani, a senior official at Imam Khomeini International Airport, said the crash was likely the result of technical problems. Boeing said in a statement it was aware of the crash and was "gathering more information." Read More SpaceX launches 60 more Starlink internet satellites amid astronomer concerns SpaceX | Digital Trends SpaceX launched another batch of its Starlink internet satellites on Tuesday evening, marking the beginning of what’s ex...
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PayPal Completes Purchase of E-Commerce Startup Honey for $4B

* Stories are summarized by an A.I. * Companies mentioned: PYPL, UBER, CVX, Sumitomo Corporation, and TM PayPal Completes Purchase of E-Commerce Startup Honey for $4B PYPL (PayPal Holdings Inc.) | Finance Magnates Online-payments giant PayPal Holdings on Monday confirmed the completion of its buyout of deal-finding browser add-on Honey Science Corporation for $4 billion, the biggest acquisition in the company’s two-decade history. PayPal’s presence in the e-commerce spaceThe deal comes at a time when Honey is growing in popularity among online shoppers as it automatically applies coupon codes at checkout. It also makes strategic sense for the company as it helps deepen its footprint and catapult PayPal into the customer’s journey throughout the purchase funnel, from discovery to purchase and payment. PayPal is also competing with its rival Square on more fronts, including digital payments tool into physical retailers. On its part, PayPal pulled out of the coalition of com...
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Boeing has uncovered another potential design flaw with the 737 Max

* Stories are summarized by an A.I. * Companies mentioned: BA, GOOG, AMZN, Mitsubishi Motors, and Huawei Boeing has uncovered another potential design flaw with the 737 Max BA (The Boeing Company) | CNN New York (CNN Business) Hundreds of 737 Max jets are sitting, grounded, as Boeing awaits approval from aviation regulators for the troubled plane to return to flight. Boeing BA However, as part of a December audit of the plane's safety ordered by the US Federal Aviation Administration,found "previously unreported concerns" with wiring in the 737 Max, according to a report earlier Sunday from the New York Times . A Boeing spokesperson confirmed the report to CNN Business on Sunday, saying the issue was identified as part of a "rigorous process" to ensure the plane's safety. "Our highest priority is ensuring the 737 Max meets all safety and regulatory requirements before it returns to service," the spokesperson said. "We are working...
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UPDATE 1-Merck receives FDA approval for Ebola vaccine

* Stories are summarized by an A.I. * Companies mentioned: MRK, FB, OnePlus, AMZN, and GOOG UPDATE 1-Merck receives FDA approval for Ebola vaccine MRK (Merck & Company Inc) | Reuters REUTERS/Brendan McDermid(Reuters) - The U.S. Food and Drug Administration said on Thursday it approved drugmaker Merck & Co’s (MRK.N) Ebola vaccine Ervebo, making it the first FDA-authorised vaccine against the deadly virus. The vaccine was used by the World Health Organization and Democratic Republic of the Congo as an investigational vaccine to help reduce Ebola virus disease (EVD) outbreaks in few West African countries from 2014 to 2016. Read More Facebook’s Ban on Political Ads Could Backfire on the Left FB (Facebook Inc) | OZY A week after Twitter unveiled the final details of its political ad ban in mid-November, Google followed suit with restrictions on microtargeting that severely hamper candidates’ ability to reach potential voters. Still, Facebook is the real ba...
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Investors Are Subdued About a Quantum-Computing ETF

* Stories are summarized by an A.I. * Companies mentioned: GOOG, GM, Huawei, LMT, and ERIC Investors Are Subdued About a Quantum-Computing ETF GOOG (Alphabet Inc.) | The Wall Street Journal A quantum-computing breakthrough announced by Google in October illuminated the technology’s potential—and an investment opportunity. So says Paul Dellaquila, president of Defiance ETFs. The firm’s Defiance Quantum ETF (QTUM) tracks the BlueStar Quantum Computing & Machine Learning Index, which is made up of companies involved in quantum computing, along with a number of closely related sectors such as big-data solutions used in machine learning. The $12.4 million fund was up more than 40% for the year to date through... Read More Next Chapter Of GM's Electrified Future To Unfold At Detroit Assembly Plant And In Ohio GM (General Motors Company) | Seeking Alpha Following costly 40-day strike, key feature of GM labor contract is agreement to build several new battery-po...
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Apple Is Doubling AirPods Pro Production to Satisfy Soaring Demand

* Stories are summarized by an A.I. * Companies mentioned: AAPL, PYPL, Huawei, and Banco do Brasil SA Apple Is Doubling AirPods Pro Production to Satisfy Soaring Demand AAPL (Apple Inc.) | The Motley Fool The bad news for rivals is that AirPods Pro demand is off the charts, and Apple is scrambling to catch up. Making 2 million AirPods Pro per monthThe Nikkei Asian Review reports that Apple is working on doubling production of AirPods Pro in order to meet soaring demand. "Apple has increased monthly orders for the latest AirPods Pro from 1 million units to at least 2 million units thanks to healthy demand," an anonymous source told the outlet. AirPods Pro are subject to the tariffs that President Trump has implemented, although Apple is lobbying Trump for tariff exemptions. Prior to releasing AirPods Pro, Apple also launched Powerbeats Pro and Solo Pro under its Beats brand in recent months. Read More Russia's Taymyr plan: Arctic coal for India risks poll...
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