NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

Starbucks will replace chief executive Laxman Narasimhan with current Chipotle CEO Brian Niccol, as activist investor Elliott Management pushes for transformation at the coffee giant. Suggested Reading. Narasimhan will step down effective immediately and Starbucks’ chief financial officer, Rachel Ruggeri, will take over until Niccol assumes the role on Sept....

Starbucks just ousted its CEO and replaced him with Chipotle's chief

Typically, investors buy shares in a company because they believe in the firm’s strategy, leadership, and vision for the future. But what about when investors are buying shares because they hate how the company operates?. That’s the question that Starbucks executives had to answer after activist investing firm Elliot...

Starbucks & Elliott bury the hatchet

Business Insider

Starbucks CEO Laxman Narasimhan is out after 17 months in the role. His leadership was hit by falling sales, union clashes, and activist investors.

What went disastrously wrong in Laxman Narasimhan's 17 months as CEO of Starbucks

For 149 years, a Lake District town has played host to a Christian convention that has grown from a small affair in a vicar's garden to a big annual gathering, drawing crowds from all over the world. Keswick Convention now takes place over three weeks in the summer and this...

'Wrong time' for Christian convention as trade hit

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Hannah Jacobs died within hours of sipping a Costa Coffee hot chocolate made with cows' milk.

Confusion may have led to Costa allergy death - inquest

CBS News

Americans are putting off major upgrades to their homes as they await lower interest rates and amid ongoing unease about the U.S. economy, Home Depot said Tuesday. The company lowered its sales expectations for the year, blaming weaker consumer spending.The company now forecasts 2024 sales at its locations open at least a year to fall between 3% and 4%. Its prior outlook called for a drop of roughly 1%.Home Depot joins other major corporations that have cautioned about a pullback in consumer spending, with the likes of McDonald's and Starbucks also reporting inflation-weary Americans are getting choosier in where they spend...

Home Depot warns consumers are cutting back amid economic uncertainty

Fortune

For 89 years Tyson Foods was a family affair—but nobody could protect scion John Randal from his worst instincts.

The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that

Employers are not currently required to provide an employee with written reasons for their dismissal.

Employers must give written dismissal in new plans

Reuters

NEW YORK (Reuters) - Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces "uncertainty" on tariffs ahead of the U.S. presidential election, Newell CEO Chris Peterson said in an interview with Reuters.

Sharpie-maker Newell moves more operations from China as tariffs loom

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

Analyst says both Cisco and Dell are in a position where they ‘need to streamline operations to maintain profit margins.’. A new round of layoff announcements at Dell and Cisco are a result of both companies currently losing core market share to new industry competitors: Arista Networks for Cisco, in their core networking business, and low-cost PC manufacturers like Acer for Dell, an analyst said Friday.

Cisco to follow Dell with layoff announcement, likely next week: Report

24/7 Wall St.

 Nancy Pelosi in 2023 saw some of the highest investment wins in Congress with a 65.5% return. Congress is not subject to the same insider trading rules as ordinary Americans are. So many retail investors keep a close eye on what they’re trading. If you’re looking for stocks poised to ride the next […]
The post Nancy Pelosi Made Millions On NVIDIA – Here’s Her Next Stock Play appeared first on 24/7 Wall St..

Nancy Pelosi Made Millions On NVIDIA – Here’s Her Next Stock Play

The Opt-Out scheme in Nottingham has already found a number of previously undiagnosed cases.

Hundreds tested for HIV and hepatitis in new scheme

The Motley Fool

The AI chipmaker is scheduled to report results later this month. Can the stock continue its relentless climb?

Should You Buy Nvidia Stock Before August 28? Here's What the Evidence Suggests.

Fox Business

The U.S. has surpassed China on the Fortune Global 500 list for the first time since 2018, showcasing 139 companies to China's 133 companies.

US beats out China for most companies on Fortune's Global 500 list

Starbucks announced Tuesday that its CEO, Laxman Narasimhan, would step down effective immediately.

Starbucks is replacing its CEO with the boss of Chipotle in an abrupt management shake-up

Wiltshire Police arrest man after mobility scooter is driven along A419.

Man arrested after driving mobility scooter along A-road

Police say they have not arrested anyone yet in connection with the incident on Keighley Road.

'Substantial' cannabis farm discovered in town

NewsBreak

Starbucks replaces boss after sales slump

Shares in the chain soared after the appointment of a new chief executive to try to boost...

Starbucks replaces boss after sales slump

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