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 - 7h

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 - 1d

Here’s why more than $1 billion in sales was not enough for Grocery Outlet

Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...

MarketWatch - 22h

Even Warren Buffett is struggling with this stock market. Here’s one big reason why.

Investors will be looking closely at Berkshire Hathaway’s cash position.

MarketWatch - 4d

China struggles to master high-end machine tools

Beijing’s push for self-reliance on strategically vital technology falls victim to incumbent competition and shifting priorities

Financial Times - 1d

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 - 2d

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 - 2d

Crumbling fortresses - why are teams struggling to win at home?

The proportion of home wins in the Premier League is at its lowest outside of the Covid era - but why?

BBC News - 2d

Nvidia sales grow 78% on AI demand, company gives strong guidance

Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter.

CNBC - 8m

Starbucks removing over a dozen drinks from its menu next week: Here's the list

The coffee giant has announced that it is removing 13 less popular drinks on March 4.

The Hill - 2d

T.J. Maxx parent sees broad sales grow, as demand from all income groups rose

Full-year outlook was below current expectations, as it assumes a ‘small negative impact’ from China tariffs.

MarketWatch - 3h

Why did Tesla sales fall for the first time in 12 years?

Elon Musk's company, Tesla, saw its sales fall by 1% in 2024, despite global electric vehicle sales rising 7.3%. It marked the first time the company's annual sales have fallen in 12 years. CBS ...

CBS News - 23h

Why high medical bills are bringing pain to China’s economy

The cost of paying for ‘catastrophic’ health conditions discourages consumption despite improvements in treatment

Financial Times - 21h

Rivian keeps promise on making a profit, but here’s why the stock is falling

Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.

MarketWatch - 5d

Don't wait to file your taxes this season, experts say. Here's why

Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.

CNBC - 5d

Here's why Trump tariffs may raise your car insurance premiums

The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis.

NBC News - 2d

Here's why Trump tariffs may raise your car insurance premiums

If they take effect, tariffs are expected to raise costs for auto insurers to repair or replace cars, meaning motorists pay higher premiums.

CNBC - 2d

Domino’s earnings missed on everything. Here’s why the quarter was still a win.

Domino’s saw carryout pizza sales increase but delivery sales fall, a sign its low-income customers are still hurting the most.

MarketWatch - 1d

Why I’m Still Here should win the best picture Oscar

Walter Salles’s true-story drama reflects on a dark chapter from Brazil’s authoritarian past that has a chilling resonance for the world we live in today. There are many reasons Walter Salles’s ...

The Guardian - 13h

Fantasy Baseball: These hitter ADPs look off — and here's why

Fantasy baseball analyst Dalton Del Don reveals the hitter ADPs he has issues with for 2025 drafts.

Yahoo Sports - 7h

Tesla’s stock is back to red: Why China full-self-driving boost was short-lived

Tesla shares are trading about 30% below a December high as concerns about Elon Musk and DOGE swirl.

MarketWatch - 2d

Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.

The hack of Bybit is the latest incident in which the crypto industry has been targeted.

MarketWatch - 5d

Here's why Chinese warships near Australia and New Zealand have prompted alarm

An unusual series of military exercises by Chinese warships in the sea between Australia and New Zealand has prompted reproval from leaders in both countries about the amount of warning given

ABC News - 2d

Delta crash passengers should take the $30,000 payment, their lawyers say. Here’s why.

But lawyers representing passengers from the Delta flight that flipped upside down in Toronto say the $30,000 is just a ‘start’ — and they could be in line for a lot more

MarketWatch - 1d

Here's why Home Depot remains a buy after retailer clears lowered earnings bar

We're also reiterating our price target of $440 a share on Home Depot stock.

CNBC - 1d

Please Don’t Make the Starbucks Mistake

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

Inc. - 1d

The average IRS tax refund is more than 32% lower so far this season, early filing data shows. Here's why

The average IRS tax refund is more than 32% lower so far this season, according to early filing data. Here's what to know.

CNBC - 7h

Texas measles outbreak grows

A measles outbreak that spread in Gaines County, Texas, slammed a Mennonite community and has grown to around 100 cases, according to health officials. CBS News' Omar Villafranca reports.

CBS News - 1d

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 - 2d

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 - 2d

My Struggle to Stop Loving Him

On a post-divorce bicycle ride through Paris with her ex-husband, a woman weighs the costs of divorce.

The New York Times - 5d

Britain is struggling to accept the end of Atlanticism

The ‘special relationship’ has underpinned the UK’s security since the Suez Canal debacle — but the world has changed

Financial Times - 5d

Texas measles outbreak grows to 124

The measles outbreak in west Texas grew to 124 cases over the weekend, with 18 patients requiring hospitalization, the state’s health department said on Tuesday. The cases increased by 34 since ...

The Hill - 1d

Is China investable again?

It always was — at the right price and for those with eyes wide open to the economic downside

Financial Times - 2d

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. - 4d

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 - 2d

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. - 2d

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 - 2d

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 - 2d

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 - 1d

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

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