Latest in Coffee Chain Says
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China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - October 29 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks is planning to bring back Sharpies and ceramic mugs and cut back its menu.Business - CNBC - October 31 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday.Top stories - NBC News - October 31 -
Dutch Bros CEO lays out the coffee chain's cross-country expansion plans
The Oregon-based coffee chain made its market debut in 2021, and operates in 18 states, including in California, Arizona and Texas.Business - CNBC - November 8 -
19 Piping Hot Gifts for Coffee Lovers (2024)
Fantastic ideas for the coffee snobs, at-home baristas, and commercial-grade caffeine addicts in your life.Tech - Wired - October 27 -
Why Home Depot made an $18.25 billion bet on the pro business
The retailer's acquisition is boosting the business as home improvement demand remains slow.Business - CNBC - 6 days ago -
10-year Treasury yield jumps on week as Powell says Fed not in a hurry to keep cutting rates
The 10-year Treasury yield inched higher on Friday as investors digested Federal Reserve Chair Jerome Powell's latest comments and await further economic data.Business - CNBC - 6 days ago -
Older voters prioritized personal economic issues, helped Republicans win on Election Day, new AARP poll finds
More than half of voters ages 50 and up prioritized inflation, the economy and jobs, and Social Security when determining their vote, according to the AARP.Business - CNBC - 6 days ago -
SpaceX president says 'there is plenty of room for competition,' as Starlink nears 5 million customers
SpaceX President and COO Gwynne Shotwell urged on rivals in comments Friday, describing competition as healthy for Elon Musk's space company.Business - CNBC - 6 days ago -
Major Trump Media shareholder ARC Global unloads nearly all DJT stock
President-elect Donald Trump is the majority owner of Trump Media, which trades on the Nasdaq as DJT.Business - CNBC - 6 days ago -
Disney is turning record parks profits — even before its big expansions
Disney is breaking ground on new additions and updates to its theme parks, but it will be several years before they become available to the public.Business - CNBC - 6 days ago -
Trump Defense pick Hegseth investigated in 2017 for alleged sex assault; no charges filed
President-elect Donald Trump surprised some Republican senators by picking former Fox News host Pete Hegseth to lead the Pentagon.Business - CNBC - 6 days ago -
Taco Bell CEO says avoiding this mistake sets successful people apart from most: You have to ask the 'right questions'
When Sean Tresvant became Taco Bell's CEO, he heard a piece of advice that stuck with him — and helped him quickly adapt to the job, he says.Business - CNBC - 6 days ago -
A tough week for stocks may soon force us to act. Here's where we would look to buy first
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - 6 days ago -
Palantir jumps 11% to a record after announcing move to Nasdaq
Palantir's stock has been on a tear since the company's better-than-expected earnings report last week, which was a day before the U.S. presidential election.Business - CNBC - 6 days ago -
President Joe Biden has forgiven over $166 billion in student debt—see how much in each state
Fixes to existing forgiveness programs and a brief window under the new SAVE program allowed President Biden to forgiven $166 billion in student debt.Business - CNBC - 6 days ago -
Netflix said a record 60 million households worldwide tuned in for Jake Paul versus Mike Tyson fight
The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record books.Business - CNBC - 3 days ago -
McDonald's to invest more than $100 million to speed up recovery after E. coli outbreak
This week, the company completed the return of Quarter Pounder burgers, with slivered onions, to all restaurant menus nationwide.Business - CNBC - 6 days ago -
Space stocks saw big gains this week in part due to 'Trump-Elon trade' rally, analysts say
Several pure-play space stocks rallied 20% or more this week, in part driven by what sector analysts say is a "Trump-Elon trade."Business - CNBC - 6 days ago -
Jim Cramer's week ahead: Earnings from Nvidia, TJX and Walmart
CNBC's Jim Cramer previews key earnings reports and investor days that could trigger Wall Street action for the week of November 18.Business - CNBC - 5 days ago -
Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how
Artificial intelligence is a powerful tool in Meta Platforms' arsenal, and if it's optimized, it can contribute to earnings per share growth.Business - CNBC - 5 days ago -
This startup brings in $162 million a year helping people find food at huge discounts: It's 'the most genius app'
Copenhagen-based Too Good To Go wants to help reduce global food waste, an estimated $1 trillion problem. Here's the food tech startup's strategy.Business - CNBC - 5 days ago -
How to protect your portfolio against risks tied to President-elect Trump's tariff agenda
Astoria Portfolio Advisors CEO John Davi said he thinks the new administration's policies could be "very inflationary."Business - CNBC - 5 days ago -
Trump presidency's potential impact on stocks of 6 companies doing big business in China
Fortunately, as long-term investors, we have the luxury of viewing volatility as a buying opportunity.Business - CNBC - 5 days ago -
Elon Musk endorses Trump's transition co-chair Howard Lutnick for Treasury secretary
Elon Musk posted on X his endorsement of the billionaire CEO of Cantor Fitzgerald on Saturday.Business - CNBC - 5 days ago -
Costco's founder met Jeff Bezos for coffee—his advice helped turn a near-death Amazon into a $2 trillion business
In 2001, tech stocks went bust and Amazon struggled. A coffee meeting with Costco founder Jim Sinegal helped convince Jeff Bezos to rethink his prices.Business - CNBC - 4 days ago -
5 major U.S. cities where it's harder for Gen Z to afford rent than it was for millennials at the same age
In these 5 U.S. cities, Gen Z renters are spending a larger portion of their income on rent than Millennials did a decade ago.Business - CNBC - 4 days ago -
5 things we're watching in the stock market in the week ahead
The post-election rally came to a halt this week.Business - CNBC - 4 days ago -
House Speaker Johnson calls ethics report on Matt Gaetz a 'rough draft' and says it shouldn't be released
"It's in a rough draft form. Was not yet ready to be released, and since Matt Gaetz left the Congress, I don't think it's appropriate to do so," Johnson said.Business - CNBC - 4 days ago -
European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space
The Exploration Company announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations.Business - CNBC - 4 days ago -
K-pop agencies mostly struggled in third quarter — but 2025 may bring financial recovery
All of the "Big Four" companies, except JYP Entertainment, posted falls in profits for the third quarter of 2024.Business - CNBC - 3 days ago -
Samsung shares climb more than 7% after surprise $7 billion buyback plan
The company last bought back shares in November 2017.Business - CNBC - 3 days ago -
Thailand legalizing same-sex marriage is likely to bring a flood of tourists
Thailand's same-sex marriage law could add 4 million tourists and $2 billion in tourism revenue per year, according to a report commissioned by Agoda.Business - CNBC - 3 days ago -
Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem
Tencent Cloud is increasingly leveraging the WeChat ecosystem to set itself apart from competitors, CEO Dowson Tong said.Business - CNBC - 3 days ago -
European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory
Tech CEOs in Europe are urging the region to take bolder actions to tackle Big Tech's dominance and counter reliance on the U.S. after Donald Trump's presidential election win.Business - CNBC - 3 days ago -
Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses
The airline hasn't posted an annual profit since 2019 and lost more than $335 million in the first half of the year.Business - CNBC - 3 days ago -
Tesla stock pops after report Trump wants to relax U.S. self-driving rules
Elon Musk was a central figure in the business world pushing for Trump's return to the White House in the lead-up to this month's elections.Business - CNBC - 3 days ago -
AMC is poised to ride the box-office rebound, as long as its debt doesn't get in the way
AMC is taking strides to improve its revenue and coax lapsed moviegoers back into its theaters with premium screens and specialty popcorn buckets.Business - CNBC - 3 days ago -
Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary
Wright has denied that climate change presents a global crisis that needs to be addressed through a transition away from fossil fuels.Business - CNBC - 3 days ago -
Liberty Energy stock jumps after Trump picks CEO Chris Wright as energy secretary
The CEO has denied that climate change is a global crisis that requires a transition away from fossil fuels.Business - CNBC - 3 days ago