Starbucks’s turnaround plan under new CEO now likely includes job cuts
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Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - 4h -
FDA to cut nicotine from cigarettes, in plan first floated under Trump
It will be up to the returning Trump administration to decide whether to finalize the rule.CBS News - 2d -
Obesity wouldn't be solely defined by BMI under global experts' new plan
A group of global experts is proposing a new way to define and diagnose obesity, reducing the emphasis on the controversial body mass index and hoping to better identify people who need treatment ...NBC News - 3d -
Trump Organization to limit president-elect's involvement under new ethics plan
The Trump Organization unveiled a new ethics plan that it says will limit President-elect Donald Trump’s involvement in management decisions and other aspects of the business while he is in the ...NBC News - Jan. 10 -
Trump Organization to limit president-elect's involvement under new ethics plan
The Trump Organization unveiled a new ethics plan that it says will limit President-elect Donald Trump's involvement while he is in office.CNBC - Jan. 10 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Cash incentives for GPs under Labour’s radical plan to cut NHS waiting lists
Doctors will be given £20 each time they consult with a specialist to see if there is an alternative to hospital visits. GPs will be offered financial incentives to discuss with specialists whether ...The Guardian - Jan. 5
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S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...MarketWatch - 1h -
Elon Musk once called his questions ‘boneheaded.’ What Wall Street is losing as this clear-eyed analyst retires.
With the incoming pro-business Trump administration, Wall Street needs people willing to ask hard questions and look into whether there’s substance behind bold corporate predictions.MarketWatch - 2h -
T-bill supply will turn negative soon without a U.S. debt-limit deal: BofA
Incoming President Donald Trump’s second administration kicks off as the U.S. debt-ceiling debate enters another critical juncture.MarketWatch - 2h -
Walgreens stock sinks after DOJ sues over illegal-prescription accusations
The pharmacy “allowed millions of opioid pills and other controlled substances to flow illegally out of Walgreens stores,” the Justice Department said.MarketWatch - 3h -
It starts with Red No. 3. These are the dyes and food additives that could be banned next.
Experts say consumers may end up paying more if food and drink products are reformulated.MarketWatch - 3h
More in Business
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TikTok says it will go dark on Sunday unless Biden intervenes
TikTok said its services will go dark Sunday unless the Biden administration gives a definitive statement providing assurances for the app's service providers.CNBC - 3m -
Jean Jennings, Who Wrote With Verve About Cars, Dies at 70
A cabdriver and mechanic before becoming a journalist, she brought personality and adventure to a once-staid genre. She once won a demolition derby and motorcycled across China.The New York Times - 22m -
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.The New York Times - 52m -
S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...MarketWatch - 1h -
Supreme Court Backs Law Requiring TikTok to Be Sold or Banned
The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.The New York Times - 2h