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Starbucks’ new CEO has diagnosed its problems. Analysts say the solutions could get expensive.
Starbucks CEO Brian Niccol has laid out a bold turnaround plan for the coffee chain, with plans to tighten up service and redesign stores. But analysts are proceeding with caution.Business - MarketWatch - 5 days ago -
OpenAI CEO Sam Altman says new AI model is taking a while because 'we can't ship' as quickly as hoped
OpenAI CEO Sam Altman said that GPT-5, the company's next probable large AI model, likely won't come this year.Business - CNBC - 5 days ago -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.Top stories - NBC News - 5 days ago -
Longtime PEN America CEO Suzanne Nossel is stepping down to head Freedom House
The CEO of PEN America has stepped down after more than a decade marked by substantial growth and recent controversyEntertainment - ABC News - 5 days ago -
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.Business - CNBC - 5 days ago -
Exxon CEO on U.S. election: 'Not sure how 'drill, baby, drill' translates into policy'
Oil production will be driven by market dynamics, not the outcome of the presidential election, Darren Woods said.Business - CNBC - 4 days ago -
Starbucks’ New CEO Says His Plan to Win Back Customers Involves 200,000 Sharpies. It Just Might Work
CEO Brian Niccol has a plan to ‘bring back Starbucks.’Business - Inc. - 2 days ago