"Tom was one of the key people to make Amazon happen," said wireless pioneer Bruce McCaw, about the contributions of business and civic leader Tom Alberg, who died at age 82. Read More...
Reuters
China’s Luckin plans store expansion, remains committed to U.S. market
Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, China’s Luckin Coffee believes it has emerged from its “darkest moment”, and said it remains committed to U.S. capital markets as it expands its stores and sales. Luckin admitted in 2020 that about $310 million of its sales were fabricated in the previous three quarters, bringing the coffee maker to the brink of collapse after having blazed a trail as a homegrown challenger to U.S. coffee giant Starbucks.
