Starbucks poaches Nordstrom CFO as executive shake-up continues

Nordstrom CFO Cathy Smith will join Starbucks, replacing its current chief financial officer Rachel Ruggeri.

CNBC - 2h

Starbucks taps Nordstrom’s Cathy Smith as CFO

Starbucks in the middle of a turnaround plan under Chief Executive Brian Niccol.

MarketWatch - 1h

Joy Reid's show canceled in programming shakeup at MSNBC

Reid will exit this week and will be replaced by Michael Steele, Alicia Menendez and Symone Sanders Townsend.

Los Angeles Times - Feb. 23

Please Don’t Make the Starbucks Mistake

By trying to please everyone—including freeloaders—the coffee company ultimately began alienating the paying customers.

Inc. - Feb. 25

Nordstrom posts better-than-expected earnings ahead of going-private transaction

The company is not offering guidance for 2025 or hosting an earnings call, as it prepares to go private.

MarketWatch - 3h

Unilever promotes its ‘maverick’ CFO to top spot in surprise move

Fernando Fernandez, the current CFO, will take over as chief executive of the maker of Dove soap and Hellmann’s mayonnaise from Hein Schumacher, who’s stepping down on March 1 “by mutual agreement.”

MarketWatch - Feb. 25

New Star Wars Game Seemingly Unaffected By Major NetEase Shakeup

Quantic Dream, the developer behind the upcoming Star Wars Eclipse, has apparently been unaffected by the recent shakeup over at NetEase.. "We want to reassure everyone that our studios in Paris ...

GameSpot - Feb. 25

Star Wars Boss Is Reportedly Retiring This Year, Which Could Be A Major Shakeup

There might be a great disturbance in the Force, as a new report claims that Lucasfilm president Kathleen Kennedy will retire later this year. The executive has overseen the Star Wars and Indiana ...

GameSpot - Feb. 25

Starbucks to cut 1,100 jobs in latest streamlining move

Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.

MarketWatch - Feb. 24

Starbucks to Lay Off 1,100 Corporate Workers

The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.

The New York Times - Feb. 24

Starbucks is struggling to grow sales in China. Here's why

Starbucks is facing competition from lower priced alternatives while the Chinese consumer is under increased economic pressure.

CNBC - 6d

Mira Murati’s Startup Launches, Poaching at Least 20 OpenAI Employees From Her Former Workplace

Two-thirds of the staff at Thinking Machines Lab came from OpenAI, where the founder was once chief technology officer.

Inc. - Feb. 20

OpenAI CFO talks possibility of going public, says Musk bid isn't a distraction

The interview with finance chief Sarah Friar comes during a pivotal time, with the startup reportedly in talks to close a $40 billion investment from SoftBank.

CNBC - Feb. 20

Ten biggest college football spring practice questions: QB battles, the transfer window and roster shakeups

A look at the biggest spring practice storylines from across the country as spring ball gets underway across the nation

CBS Sports - 3d

Will Starbucks’s Turnaround Be Successful? It All Comes Down to 1 Sentence

CEO Brian Niccol is trying to turn around Starbucks. Is his best bet following the Barnes & Noble playbook?

Inc. - Feb. 22

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.

NBC News - Feb. 24

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks made the layoff announcement after four straight quarters of falling same-store sales.

CNBC - Feb. 24

Starbucks axes some drinks and staff in bid for US turnaround

Menu items getting the axe in the US include the Royal English Breakfast Latte.

BBC News - Feb. 24

Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort

The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.

Inc. - Feb. 24

Starbucks is laying off 1,100 workers and cutting drinks from its menu

Starbucks said the layoffs and slimmed down menu will help stores operate more efficiently.

CBS News - Feb. 24

Starbucks asks office workers to stay at home as it announces 1,100 job cuts

Corporate lay-offs are the first for coffee shop chain since 2018

Financial Times - Feb. 24

Starbucks to lay off 1,100 employees and cut drinks from its menu

Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's ...

CBS News - Feb. 25

Starbucks' drink menu is changing. Here's what it's removing and why.

Starbucks is removing these beverages from its drinks menu. Here's why it's making the new changes.

CBS News - 6d

Search continues for missing Durham runner

Jenny Hall, a keen long-distance runner, is described as 6ft (1.8m) tall with very long dark hair.

BBC News - Feb. 23

2025 NFL mock draft 6.0: Post-combine update has top-10 shakeup and Omarion Hampton still sneaking into 1st round

Nate Tice and Charles McDonald spent last week at the 2025 NFL combine. Here's their sixth mock draft of this year's cycle.

Yahoo Sports - 22h

Comparing Trump's executive orders with Project 2025 promises

According to a CBS News analysis, President Trump has signed 73 executive orders so far, targeting everything from the border to the environment and federal spending. Many online users have pointed ...

CBS News - Feb. 20

Mali to investigate claims soldiers 'executed' women and children

Yahoo News - Feb. 23

Reeves’ private share trading plan criticised by executives

Venture capitalists question who would use system designed to arrest slide of UK capital markets

Financial Times - 6d

Northern Ireland executive ministers agree programme for government

Ministers agree on the programme one day after a decision on the finalised document was postponed.

BBC News - 5d

Everyday Americans, not executives, will feel the pain of Medicaid cuts

These aren’t just budget cuts — they’re an assault on your health care.

The Hill - 5d

Santander executive under criminal investigation in Brazil

Police to probe incoming chief accounting officer over alleged misappropriation of funds at former employer

Financial Times - 5d

DNC taps Roger Lau as executive director

The Democratic National Committee (DNC) Chairman Ken Martin named Roger Lau as the group’s new executive director on Monday. Lau previously managed Sen. Elizabeth Warren's (D-Mass.) 2020 ...

The Hill - 1d

Judge allows Trump's government workforce cuts to continue

A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...

CBS News - Feb. 21

Eye Opener: Federal jobs cuts continue

Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...

CBS News - Feb. 21

Wrexham top Mansfield to continue promotion push

Wrexham moved maintained their push for promotion from League 1 with a 2-1 win over Mansfield Town on Sunday.

ESPN - Feb. 23

Israel mourns slain hostages as ceasefire plan continues

Hamas has released the remains of four more hostages. In exchange, Israel has freed more than 600 Palestinian prisoners. It comes as thousands of Israelis lined highways to mourn the deaths of a ...

CBS News - 5d

Trump's continues the American tradition of abandoning allies

It would be nice to rationalize America’s decisions, from Vietnam onward, to cut and run as necessary or inevitable, but we see the same scenario playing out in Ukraine.

The Hill - 5d

76ers' woes continue as Gordon has wrist surgery

Sixers guard Eric Gordon underwent arthroscopic surgery on his right wrist and will be reevaluated in approximately three months, ruling him out for the rest of the regular season.

ESPN - 4d

NOAA workers protest as job cuts continue

National Oceanic and Atmospheric Administration workers are protesting in Silver Spring, Maryland, as the Trump administration moves to cut hundreds of jobs. CBS News' Rob Marciano reports.

CBS News - 21h

Starbucks poaches Nordstrom CFO as executive shake-up continues

Topics