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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 - 20 hours 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 - Yesterday

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.

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 controversy

Entertainment - ABC News - 23 hours 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 - 22 hours 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 - 1 hour ago

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