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BANGKOK — Thailand’s Constitutional Court on Wednesday dismissed Prime Minister Srettha Thavisin for appointing to his cabinet a former lawyer who served jail time, raising the specter of more political upheaval and a reset of the governing alliance. Real estate tycoon Srettha becomes the fourth Thai premier in 16 years to be removed by verdicts by the same court, after it ruled he violated the constitution by appointing a minister who did not meet ethical standards. Deputy premier Phumtham Wechayachai is expected to take over as caretaker prime minister. If successful, she would be Thailand’s third Shinawatra premier after Thaksin and her aunt, Yingluck Shinawatra. Other potential candidates include Interior Minister Anutin Charnvirakul, Energy Minister Pirapan Salirathavibhaga and Prawit Wongsuwan, an influential former army chief who was involved in the last two coups.
Persons: Srettha Thavisin, Srettha, Srettha’s, Thaksin Shinawatra, Pichit Chuenban, Pichit, Phumtham Wechayachai, , Olarn Thinbangtieo, Paetongtarn Shinawatra, Thaksin, Yingluck Shinawatra, Anutin Charnvirakul, Pirapan Salirathavibhaga, Prawit Organizations: Thai, Party, Thai Party, University’s, Political Science, Law, Interior, Energy Locations: BANGKOK
In today's big story, it's out with the old and in with the new CEO at Starbucks. Starbucks announced CEO Laxman Narasimhan was stepping down after less than two years on the job . Chipotle CEO Brian Niccol was tapped to lead Starbucks' turnaround efforts. In the release announcing the news , Howard Schultz, Starbucks' chairman emeritus and three-time CEO, made no mention of Narasimhan in his statement. At Starbucks, Niccol won't need to navigate a brand crisis like he did with Chipotle in the wake of its E. coli outbreak.
Persons: , he's Benjamin Button'd, Chelsea Jia Feng, Laxman Narasimhan, Brian Niccol, it's, Grace Dean, Howard Schultz, Narasimhan, Ryan Miller, Rebecca Zisser, Alex Bitter, It's, we've, Katie Notopoulos, Tyler Le, Joe Quinlan, Berkshire Hathaway, Goldman Sachs, Greg Tuorto, Josh Edelson, Justin Sullivan, Timo Lenzen, Mercedes, unmotivated, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Starbucks, Business, Elliott Management, Orange County Museum of Art, Taco Bell, Merrill, Bank of America Private Bank, Getty, BI, Benz, Mercedes, Dolce, Gabbana, Walmart, Walgreens, Cisco Systems, UBS Locations: Chelsea, Narasimhan, Mexican, Berkshire, AFP, Dubai, Miami, New York, London
Niccol has a "great track record" and is an "outstanding" hire for Starbucks, Edward Jones restaurant analyst Brian Yarbrough told Business Insider. Alongside Curt Garner, the chain's chief information officer who joined in 2015, Niccol helped spearhead Chipotle's digital turnaround. In Niccol's first full year at Chipotle, in 2019, digital sales were up 90%. AdvertisementMost locations already had two make lines when Niccol joined Chipotle, but the strategy was unclear, BI previously reported. "Whether you're a light, medium, or heavy user, when you're in the rewards program, you come more frequently and you spend more," Niccol told investors in February.
Persons: , Taco Bell, Brian Niccol, Laxman Narasimhan, Niccol, Edward Jones, Brian Yarbrough, William Blair, Sharon Zackfia, Howard Schultz, He's, perf, Chipotle, Chipotle's, Gregory Rec, Jack Hartung, Curt Garner, they'd, Jefferies, Andy Barish Organizations: Service, Taco, Starbucks, Business, Portland Press, Getty, Niccol's, BI Locations: Chipotle, Ohio, China
Read previewA high school in London is replacing teachers with AI tools such as ChatGPT to help some students prepare for exams. In the pilot scheme at David Game College starting in September, 20 students who are about 15 years of age will use AI tools for a year before taking their GCSE exams. This story is available exclusively to Business Insider subscribers. The students will also be supported by three full-time learning coaches, and will receive personalized learning paths. He added that the college has "humanized the AI learning process by creating a holistic and engaging educational experience."
Persons: , John Dalton, coprincipal, Dalton, Hadida, Grabow, Karl Knapp Organizations: Service, David Game College, Business, Higher Learning, Los Angeles Unified School, University of Indianapolis Locations: London, Hadida Grabow
Read previewLaxman Narasimhan is stepping down as CEO of Starbucks, just 17 months after he assumed the role in March 2023, the coffee giant announced on Tuesday. Chipotle CEO Brian Niccol will take over in September, with current CFO Rachel Ruggeri serving as interim CEO until then. Narasimhan's time at the head of the company had been tainted by falling sales, union clashes, and activist investors. Its former CEO keeps attacking the companyHoward Schultz, who led Starbucks for over 23 years, is not afraid to share his views on company management. In Starbucks' press release addressing the leadership change, Schultz didn't acknowledge Narasimhan's time at the company.
Persons: , Laxman, Chipotle, Brian Niccol, Rachel Ruggeri, Laxman Narasimhan, William Blair, Sharon Zackfia, Narasimhan, Chris O'Cull, Elliott, Paul Singer, Elliott Management, Howard Schultz, Stephen Brashear, Getty Howard Schultz, Schultz, Schultz didn't Organizations: Service, Starbucks, Business, Narasimhan's, Elliott Management, CNBC, Getty, Street, The Workers United, Financial Times, Pride Locations: China, Palestine
Turenscape/Courtesy The Cultural Landscape FoundationYu’s proposal is this: Create areas with porous earth where local plants can thrive with little or no maintenance. But whether this latest flooding crisis demonstrates the limitations of China’s sponge cities, or supports the case to expand them, is a matter of debate. Turenscape/Courtesy The Cultural Landscape FoundationTurenscape planted 5,600 seedlings of 360 local species, including rare trees indigenous to Thailand’s central river basin. Turenscape/Courtesy The Cultural Landscape FoundationThis may be another reason Yu’s services have been sought outside China. Last year, The Cultural Landscape Foundation awarded Yu the $100,000 Oberlander Prize in recognition of his pioneering work.
Persons: Kongjian Yu, Yu, ” Yu, Turenscape, Xi Jinping, Faith Chan, , Chan, Elizabeth Mossop, ” Mossop, Organizations: CNN, redwoods, UK’s University of Leeds, Research, Global Times, University of Nottingham, Thai, Arsomsilp, Environmental, Landscape Foundation, University of Technology Sydney’s School of Design Locations: Nanchang, China's Jiangxi, China, Qinghuandao, China's Hebei province, Wuhan, Hainan, Sanya, China's, Guangdong, Turenscape, University of Nottingham Ningbo China, , Bangkok
I went to Trader Joe's for the first time on a trip to Chicago. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. On a recent business trip to Chicago, I was able to set foot in the retailer for the first time — and boy was I glad I did.
Persons: Joe's, I'd, Organizations: Service Locations: Chicago
These women talk openly about being rich and wanting to help other women become rich too. She also launched a platform called Treasury, which says it has helped women invest over $80 million in the stock market. "I couldn't really find anyone who was teaching money the way that I wanted to learn it," Sacks said. And it's probably getting really smart about how you save money, taking the money that you are saving and investing it and building wealth." Young women, on the other hand, are turning to more tried-and-true tactics.
Persons: Dave Ramsey, Tori Dunlap, It's, Dunlap, Dow Jones, Simran Kaur, Rachel Rodgers, Z, Kaur, Zers, Haley Sacks, Sacks, Cartier, Kylie Jenner, Suze Orman, it's, they're, Rita Soledad Fernández Paulino, Leah Sheppard, Gen Zers, , Rita Soledad Fernández Paulino Sacks, Kyla Scanlon, Scanlon, aren't, Fernández Paulino, weren't Organizations: Economic, Institute, Washington State, Carson College of Business, GameStop, Fidelity Investments, Federal Reserve's Survey, Consumer Finances Locations: Tacoma , Washington, Dunlap, Instagram, Zealand, York, California
Vice President Kamala Harris on Saturday pledged to eliminate taxes on tipped wages for service workers, matching a proposal from former President Donald Trump. “When I am president, we will continue our fight for working families of America, including to raise the minimum wage, and eliminate taxes on tips for service and hospitality workers,” Harris said. Harris would push the proposal with an increase in the minimum wage as well, the official said. “Kamala Harris, whose ‘Honeymoon’ period is ENDING, and is starting to get hammered in the Polls, just copied my NO TAXES ON TIPS Policy,” he wrote. “She can only steal from me.”Trump announced a policy proposal to eliminate taxes on tips during a June rally in Las Vegas.
Persons: Kamala Harris, Donald Trump, Tim Walz, Harris, ” Harris, Harris ’, Trump, “ Kamala Harris, , TRUMP, ” Trump, Karoline Leavitt, Sen, Ted Cruz, Lael Brainard, Brainard, Joe Biden, Organizations: Minnesota Gov, Culinary Workers Union, Las, NBC News, Yale University, Republican, Biden White, West Wing Locations: Las Vegas, America, Texas, Nevada
Stars from Hollywood's golden age are being reborn through celebrity estate AI voice cloning deals, a sign of how some of the "Wild West" concerns about unauthorized AI impersonation are being addressed by new business models. Safeguards include active moderation of content, accountability enforceable with bans, and special provisions for safeguarding the impact of AI voice on the 2024 election. Among the current generation of actors, there remains significant anxiety surrounding the use of AI in generating voice content. Voice actors for video games have raised concerns, and last year's film and television strike had significant roots in anxieties over the use of AI. AI voice licensing could alleviate workload for voice actors, he added, without supplanting them, as they "intercede in the process by focusing on offering correction or enhancement to ineffable aspects such as intonation, warmth, and emphasis, which still present challenges."
Persons: Burt Reynolds, Andreessen Horowitz, Judy Garland, James Dean, Sir Laurence Olivier, ElevenLabs, Sam Sklar, Scarlett Johansson, " Sklar, Frito, Tom Waits soundalike, Waits, Lovo, Steve Cohen, Pollock, Cohen, Bette Davis, Sklar, Nauman Dawalatabad, Dawalatabad, Michele Cobb Organizations: Golden Globe, Beverly Hilton Hotel, Sequoia, New York Times, Washington Post, Disney, Google, Apple, MIT Computer Science, Artificial Intelligence, Audio Publishers Association, CNBC
GLENDALE, Ariz. — Vice President Kamala Harris made immigration a key component of her stump speech Friday night during a packed rally in a Phoenix suburb after making no mention of the topic during rallies this week in Michigan and Wisconsin. “We will move forward and take on the biggest issues facing our nation, for example, the issue of immigration,” Harris told the crowd of supporters. Harris has faced intense scrutiny on immigration from the Trump campaign since rocketing to the top of the Democratic ticket. Vice President Kamala Harris and running mate Gov. Ross D. Franklin / APSince launching her presidential bid, Harris has touched on immigration during past visits to Sun Belt states.
Persons: Kamala Harris, , ” Harris, Harris, Donald Trump, “ Donald Trump, , Trump, Biden, Gov, Tim Walz, Sen, Mark Kelly, Gabby Giffords, Ross D, Walz, Kamala Harris ’, Halee Dobbins, Joe Biden, , Arizona Sen, Kelly, ” Kelly, “ Tim, Ruben Gallego, Kari Lake, Gallego Organizations: , Democratic, Republicans, Northern, Desert Diamond, Franklin, AP, Sun, , Republican, Arizona, Arizona’s Senate, Marine Locations: GLENDALE, Ariz, Phoenix, Michigan, Wisconsin, Guatemala, El Salvador, Honduras, Glendale, Georgia, Arizona, Arizona’s, Iraq
CEO Youtube Susan Wojcicki speaks during the 'What Matters Next' session during the Cannes Lions Festival 2018 on June 19, 2018 in Cannes, France. Former YouTube CEO Susan Wojcicki, who was also one of the most influential early Google employees, has died at the age of 56 according to posts shared online by her husband Dennis Troper and Google CEO Sundar Pichai on Friday night. Wojcicki's husband Dennis Troper wrote on Facebook early Friday night, "It is with profound sadness that I share the news of Susan Wojcicki passing. Pichai confirmed the death and cancer condition in a post on social media Friday, writing that he was "unbelievably saddened" by the loss. During Wojcicki's tenure as YouTube CEO, she oversaw the company's rapid expansion, helping turn it into the largest video platform in the world.
Persons: Susan Wojcicki, Dennis Troper, Sundar Pichai, Wojicki, Wojcicki's, Pichai, Sergey …, Susan, she'd, shepherding, Larry Page, Sergey Brin, Brin, Wojcicki, Google's, Patrick Keane, couldn't, Kim Scott, Neal Mohan, Sheryl Sandberg, @SusanWojcicki, Jeff Dean Organizations: Cannes Lions, YouTube, Facebook, Google, Intel Locations: Cannes, France, Silicon Valley, Park , California
The U.S. is in what may end up being its biggest summer wave of Covid, with no end yet in sight. This year’s summer wave also began earlier than last year’s, Jha said. “Besides that, there’s not much that we can sort of put our finger on to say this is what’s driving this summer surge," Pekosz said. Jha said that what happens this winter is impossible to predict but that there could be a silver lining to a large summer wave. “A big summer wave tends to lead to a little bit of a smaller winter wave and vice versa, just because there’s a little bit more immunity in the population,” he said.
Persons: , Ashish Jha, “ It’s, ” It's, There's, Maria Van Kerkhove, Van Kerkhove, Rosem Morton, Jha, Andrew Pekosz, , there’s, Pekosz, Michael Phillips, epidemiologist, ” Phillips Organizations: Brown University School of Public Health, White, Covid, World Health Organization, Centers for Disease Control, The Washington, Getty, Food and Drug Administration, CDC, Johns Hopkins Bloomberg School of Public Health, didn't, NYU Langone Health Locations: U.S, Europe, Washington, Western U.S, Texas, California, Florida, North Carolina, Covid, New York City
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA group of Democratic lawmakers wants answers from a major student-loan company on its debt relief process for the borrowers it services. The issue at play: There's a process for borrowers with federal student loans to apply for a debt discharge if they can prove they were defrauded by their school. President Joe Biden's Education Department has canceled debt for millions of borrowers over the past few years under that process. But the lawmakers have said they're concerned Navient is continuing to narrowly define qualifications for discharge, resulting in borrowers being denied relief without sufficient explanations.
Persons: , Sen, Elizabeth Warren, Madeleine Dean, Bernie Sanders, Ayanna Pressley —, Joe Biden's, Navient —, Warren, Navient, Holder, Leandro Pucci, Pucci, it's, who'd Organizations: Service, Democratic, Business, Joe Biden's Education Department, BI, Navient Locations: Navient
Mortgage rates have plunged in recent days, leaving many homeowners wondering if they should refinance their mortgages. DON'T MISS: Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure Another consideration is the loan term, which determines how much total interest you will pay on the loan. You can run the numbers through a mortgage refinancing calculator. Of course, with refinancing you'll want to scrutinize the terms of the new agreement to ensure that there are no surprises. You could wait for mortgage rates to drop further
Persons: Dean Tsantes, Hazel Secco Organizations: Mortgage Locations: Virginia, New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump campaign still 'thrown' by Democrats' top of the ticket change, analyst saysRachael Dean Wilson, managing director at Alliance for Securing Democracy, discusses how the Democratic presidential nomination of Kamala Harris might affect Donald Trump's campaign.
Persons: Rachael Dean Wilson, Kamala Harris, Donald Trump's Organizations: Trump, Democrats, Alliance for Securing Democracy, Democratic
Former Obama advisor David Axelrod says, "it's absolutely Trump's race to lose right now." "Everybody should be sober about that on the Democratic side," Axelrod told CNN. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Axelrod told CNN's Jessica Dean in an interview on Saturday that Democratic supporters may be getting ahead of themselves if they think Harris is a shoo-in this November.
Persons: Biden, Harris, David Axelrod, Axelrod, , Kamala Harris, Donald Trump, CNN's Jessica Dean Organizations: Democratic Party, Democratic, CNN, Service, Business
A man died after trying to parachute off the South Rim of the Grand Canyon on Thursday, officials said. The man tried a BASE jump around 7:30 a.m. from Yavapai Point in Grand Canyon National Park, and his body was found around 500 feet below the South Rim along with a deployed parachute, park officials said. It is not allowed anywhere in Grand Canyon National Park. The man’s body was found Thursday and rangers reached it and recovered it Friday, the National Park Service said in a statement. Yavapai Point overlooks the South Rim of the Grand Canyon, and it's around a vertical mile from the rim down to the river there.
Persons: Dean Potter, Graham Hunt Organizations: National Park Service, Coconino County Medical Locations: Yavapai, Grand, Coconino County, Yosemite, California, San Diego
Chicago was ranked third in Food & Wine's 2024 ranking of the best cities for food and drink in the US. It's such a food city." For Italian beef, you can go to Al's or Mr Beef, Noblecilla said. "There's a really great range in the kind of food that you see at the Michelin restaurants," Noblecilla said. AdvertisementAlfresco dining"Alfresco dining is such a huge thing here in Chicago," Noblecilla said.
Persons: , Erica Noblecilla, Noblecilla, I've, that's, Beef, Kathleen Hinkel, Lou Malnati's, There's, It's, Alinea, Smyth —, Kasama, Grace Dean, Carniceria Maribel, Majsterek, de, suíça, Pitu Cachaça Organizations: Service, Chicago, Food, Business, Chili, The Washington, Getty, Michelin Locations: Chicago, Windy City, Chinatown, Little India, Little Italy, Ukrainian, Polish, South Florida, New York, Philadelphia, Cincinnati, Chicagoland, Swedish, Brazilian
I visited rival salad chains Cava and Sweetgreen to get build-your-own bowls. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As of 21 April, 2024, Cava had 323 restaurants, while Sweetgreen had more than 225 as of May. It's been a tough few years for salad chains, which have traditionally relied on city-center office workers for their peak lunchtime trade. This story is available exclusively to Business Insider subscribers.
Persons: Sweetgreen, , It's Organizations: Service, Business Locations: Cava
Newly-wed couples attending a group wedding ahead of '520 I Love You' Day on May 19, 2024 in Nanning, Guangxi Zhuang Autonomous Region of China. China is issuing its first university degree program in all things matrimony, and its curriculum includes wedding planning, matchmaking services and marriage counseling. "It starts from before [a couple] starts a family — from marriage matchmaking, to premarital counseling, marriage registration, wedding services, and then extending down to counseling before divorce," Yu told local media according to a Baidu translation, adding that there is currently a talent demand gap for highly trained professionals in the marriage services market. Modules in the course include sociology, wedding venue design, family ethics, the economics of the marriage industry and family policies. Students will also have the chance to intern at agencies that specialize in weddings, matchmaking, marriage registration and counseling.
Persons: Yu Xiaohui, Yu Organizations: Vocational University of Civil Affairs, university's, of, Culture, Media Arts Locations: Nanning, Guangxi Zhuang Autonomous Region, China, Beijing
Working hard didn't protect me from getting laid offAfter college, I worked as an editor in 2008. After a year, I landed a job working for a small school. This time, I took the approach that work is work and didn't want to give so much time to it. While in the office, my boss asked me for updates on the project I'd been working on before taking leave. I love my work and work hard, but it's just a part of who I am — not my entire identity.
Persons: , Kari Shafenberg, Levi Shafenberg, I've, It's, we'd, I'd, they'd, wasn't, That's, Shafenberg Organizations: Service, Army, Business, Management Locations: Colorado
The new burger, the Big Arch, is currently being piloted in Canada and Portugal. By using a brand name rather than a descriptor — like calling it the Big Burger — companies can "signal superiority," Kerrigan said. "And so you elevate what is a big burger to a branded shiny thing." AdvertisementThe arches imagery is now returning to menus again, with the launch of the Big Arch and its accompanying Big Arch Sauce. "You show that you are in someone's club or part of their tribe by using the same kind of brand names," she said.
Persons: , McDonald's, Finola Kerrigan, — you've, Kerrigan, David Hughes, didn't, Hughes, Birdie, Ronald McDonald Organizations: Service, Business, Birmingham Business School, Mac, Triple, Mayo, Burger, Imperial College London Locations: Canada, Portugal, California, Texas
McDonald's says fast food sales are suffering most in California. McDonald's raised menu prices in CA to offset the state's $20 minimum wage for fast-food workers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMcDonald's CEO says fast food sales are suffering in California as menu prices increased to offset the state's $20 minimum wage for fast-food workers. "You're seeing in California, the business there is falling off to a greater degree than what you're seeing in other markets around the US," CEO Chris Kempczinski told CNBC's Squawk Box.
Persons: McDonald's, Kempczinski, , Chris Kempczinski, CNBC's, We've Organizations: Service, Business Locations: California, CA
But good habits and a well-established routine can help you make the choices you are trying to stick to, she told CNN earlier. Habits are behaviors people engage in without conscious thought and are reinforced through repetition, social psychologist Wendy Wood told CNN in a previous article. Try to sleep better: Babies and young children often have a specific routine every night to help them sleep better — maybe it’s a bath, a few books, a song and a snuggle. Grown-ups need that, too, clinical psychologist and sleep expert Michael Grandner told CNN earlier. If you want more impactful wellness habits you can build into your routine, look for more CNN articles every week this National Wellness Month covering sleep, exercise, food and mindfulness.
Persons: Let’s, it’s, Katy, James G, Dinan, Wendy Wood, Michael Grandner, I’ll, , they’ll, , Nitat, Steph Grasso, dietitian, Grasso, Rosamund Dean, Adam Smiley Poswolsky, ” Poswolsky Organizations: CNN, Wellness, Wharton School, University of Pennsylvania, US Centers for Disease Control, World Heart Federation, Research
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