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Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Starbucks faces ‘challenging road ahead’ with no ‘quick fix,’ says Oppenheimer
Analysts are focused on the challenges that the company’s new CEO is facing.Business - MarketWatch - October 23 -
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 - 3 days ago -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - 11 hours ago -
Starbucks tells corporate workers to return to office or risk being fired
Internal note reportedly warns ‘accountability process’ will start next January for company’s hybrid work requirements. Starbucks office workers will risk losing their jobs if they fail to comply ...World - The Guardian - 2 days ago -
Starbucks Tells Workers to Return to the Office or Risk Getting Fired
The coffee chain has expected office employees to come in three days a week. Now it is tightening enforcement.Business - The Wall Street Journal - 2 days ago -
Starbucks drops olive oil coffees as it shakes up menu
The announcement comes less than a week after the company reported falling global sales.Top stories - BBC News - 2 days ago -
Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November
New CEO Brian Niccol has pledged to simplify the Starbucks menu.Business - CNBC - Yesterday -
Starbucks will discontinue Oleato olive oil drinks at U.S. cafes
Starbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November.Top stories - NBC News - Yesterday -
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 - 16 hours ago -
Starbucks' plan to return to its roots involves 200,000 Sharpies
Starbucks CEO Brian Niccol is betting that more personal touches in its cafes will win back customers.Business - CNBC - 10 hours ago -
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 - 10 hours ago -
Israeli Strike Kills 3 Journalists in Southern Lebanon
The three worked for Lebanese news organizations, their employers said. Lebanon’s health ministry said they had been staying in a residence housing journalists.World - The New York Times - 6 days ago -
As U.S. Election Looms, Biden Aides Struggle With Middle East Wars
Secretary of State Antony J. Blinken tried to get Prime Minister Benjamin Netanyahu of Israel to envision a U.S.-backed plan for ending the war in Gaza, but there was no sign of progress.World - The New York Times - 5 days ago -
Republic of Georgia’s Ruling Party Claims Election Victory
The Georgian Dream party won 54 percent of the vote, the electoral commission said Sunday, a result that critics of the government fear could derail the country’s pro-Western course.World - The New York Times - 4 days ago -
At Vatican Synod, Women’s Issues Are Relegated to a Side Group
A meeting four years in the making said the ordination of women required further study, but it called for women to have more leadership roles, even in seminaries.World - The New York Times - 4 days ago -
A Skeleton Bank of Understudied Species
With a new database of medical images, zoo and wildlife vets can finally see what healthy uncommon animals, from rhinos and tamarins to pangolins and sea stars, should look like on the inside.World - The New York Times - 5 days ago -
Israel’s Strike Marks New Phase of Conflict, but Stops Short of All-Out War
Iran’s initial reaction suggested that the sides had once again averted an uncontrolled war, even if the prospect looms larger than ever.World - The New York Times - 5 days ago -
Iran’s Leaders Stress Their Right to Respond to Israel’s Strikes
Iran’s supreme leader said Israel’s attack should not be “magnified or downplayed,” state media reported. U.S. and Israeli officials were expected to meet in Qatar for talks aimed at reviving ...World - The New York Times - 3 days ago -
Behind the Tactical Gains Against Iran, a Longer-Term Worry
Experts inside and outside the Biden administration fear that Iran may conclude it has only one defense left: racing for an atomic weapon.World - The New York Times - 4 days ago -
Starbucks Quietly Made a Big Change That You May Not Have Even Noticed. You’ll Either Love It or Hate It
New CEO Brian Niccol’s strategy is to reestablish Starbucks as a premium brand, and recent changes show it’s moving in that direction.Business - Inc. - October 16 -
4 ways Brian Niccol can use his Chipotle playbook to reinvigorate Starbucks
Investors will soon get a chance to hear directly from CEO Brian Niccol when Starbucks reports earnings Oct. 30.Business - CNBC - October 19 -
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive ...Business - MarketWatch - October 23