Cheddar Morning Business Update 12/5: Starbucks partners with Alibaba

Posted: Updated:
  • Starbucks is partnering with Alibaba. The coffee giant announced it is opening a reserve roastery in Shanghai with an immersive augmented reality shopping experience. Visitors can order their coffee off of an app with details about brewing methods and sign up for 'coffee tasting experiences.'
  • Nike has found a way to make running a tiny bit easier. A  study shows that Nike's 'zoom vapor-fly four percent' sneaker actually reduces energy use while running by four percent. Winner of the NYC Marathon Shalane Flanagan was actually wearing them when she won this year. The sneakers cost $250. 
  • House of cards is coming back and its Claire Underwood's time to shine. Netflix announced the final season will resume production without Kevin Spacey. It will be eight episodes, instead of the typical 13. Robin Wright will be the lead and spoiler alert, she'll star as Madame President. 
  • BusinessMore>>

  • US firm tried to enlist ambassadors to help Russian company

    US firm tried to enlist ambassadors to help Russian company

    Monday, July 16 2018 12:35 AM EDT2018-07-16 04:35:12 GMT
    Monday, July 16 2018 2:43 AM EDT2018-07-16 06:43:01 GMT
    (AP Photo/Alexander Zemlianichenko, File). FILE - In this July 2, 2015, file photo, Russian metals magnate Oleg Deripaska attends Independence Day celebrations at Spaso House, the residence of the American Ambassador, in Moscow, Russia. A U.S. lobbying...(AP Photo/Alexander Zemlianichenko, File). FILE - In this July 2, 2015, file photo, Russian metals magnate Oleg Deripaska attends Independence Day celebrations at Spaso House, the residence of the American Ambassador, in Moscow, Russia. A U.S. lobbying...
    American lobbying firm sought to recruit ambassadors of several countries to help support Russian company sanctioned by US.
    American lobbying firm sought to recruit ambassadors of several countries to help support Russian company sanctioned by US.
  • US trade, immigration and biofuel policies hit farmers hard

    US trade, immigration and biofuel policies hit farmers hard

    Sunday, July 15 2018 12:07 PM EDT2018-07-15 16:07:49 GMT
    Monday, July 16 2018 2:42 AM EDT2018-07-16 06:42:44 GMT
    (AP Photo/Nati Harnik). In this July 12, 2018 photo, farmer Don Bloss checks on the operation of an auger transferring corn on his farm in Pawnee City, Neb. Farmers and agricultural economists are worried that president Donald Trump’s trade, immigratio...(AP Photo/Nati Harnik). In this July 12, 2018 photo, farmer Don Bloss checks on the operation of an auger transferring corn on his farm in Pawnee City, Neb. Farmers and agricultural economists are worried that president Donald Trump’s trade, immigratio...
    Farmers and agricultural economists are worried that president Donald Trump's trade, immigration and biofuels policies will cost farms billions of dollars in lost income and force some out of business.
    Farmers and agricultural economists are worried that president Donald Trump's trade, immigration and biofuels policies will cost farms billions of dollars in lost income and force some out of business.
  • Jared Kushner's family firm accused of pushing out tenants

    Jared Kushner's family firm accused of pushing out tenants

    Monday, July 16 2018 12:20 AM EDT2018-07-16 04:20:14 GMT
    Monday, July 16 2018 2:42 AM EDT2018-07-16 06:42:32 GMT
    (AP Photo/Mary Altaffer). This June 28, 2018 photo shows 184 Kent Avenue in the Brooklyn borough of New York owned by the Kushner Cos. An Associated Press investigation into one of the Kushner Cos.’ largest residential buildings in New York City reveal...(AP Photo/Mary Altaffer). This June 28, 2018 photo shows 184 Kent Avenue in the Brooklyn borough of New York owned by the Kushner Cos. An Associated Press investigation into one of the Kushner Cos.’ largest residential buildings in New York City reveal...
    Numerous current and former residents of a New York apartment building owned by Kushner's family real estate firm say they were targeted in a campaign to push them out.
    Numerous current and former residents of a New York apartment building owned by Kushner's family real estate firm say they were targeted in a campaign to push them out.
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