New Ceo Starbucks - QuikReader

CVS cuts outlook yet again — while swapping out CEO for a company veteran

“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.

Business - MarketWatch - October 18

Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors

Southwest Airlines stuck a deal with activist Elliott which staves off a potential proxy fight in exchange for sizable board representation.

Business - CNBC - October 24

OpenAI CEO responds to report of GPT-5 Orion coming later this year: ‘Fake news out of control’

It's an interesting quasi-denial given how precise The Verge report is, noting specific details about Orion's supposed release plans.

Tech - VentureBeat - October 25

Poshmark's new pricing change backfired, so the CEO did something rare—it's great leadership, says expert

Poshmark CEO Manish Chandra issued a public apology after a new policy was poorly received. Here's why it actually hit the mark, says leadership expert Talia Fox.

Business - CNBC - October 28

Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions

Jason Kim, CEO of Firefly Aerospace, says he is "going to work maniacally" to scale the company's efforts , which ranges from rockets launches to moon landings.

Business - CNBC - October 29

Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO

The influential cryptocurrency exchange has undergone several reorganizations in recent years.

Business - The New York Times - October 30

Google CEO says more than 25 percent of company's new code written by AI

More than a quarter of Google's new code is being generated by artificial intelligence (AI), CEO Sundar Pichai revealed during Tuesday's third-quarter earnings call for the leading tech company. ...

Politics - The Hill - October 30

Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.

Business - MarketWatch - October 31

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 - October 31

Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings

“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.

Business - The New York Times - October 23

Starbucks Is Bringing Back the Condiment Bar

Coffee chain’s CEO calls for decisive steps including a pledge not to raise U.S. prices over the next year.

Business - The Wall Street Journal - October 30

Starbucks scraps 2025 guidance after fall in sales and earnings

New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth

Business - Financial Times - October 22

Starbucks Suspends Guidance as Sales Slump Persists

The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.

Business - The Wall Street Journal - October 23

Starbucks Is Finally Fixing Its Founder’s Worst Mistake

The coffee chain bet big on a weird idea that no one but the founder wanted.

Business - Inc. - October 30

Starbucks will stop charging extra for dairy alternatives

The change to Starbucks' policy could save some U.S. customers more than 10% on their drinks.

Business - CNBC - October 30

‘Insider Threats’ to the Election, and Starbucks’ 4-Minute Goal

Plus, the Harris campaign sidelines Biden

Top stories - The New York Times - October 31

Starbucks app goes down, customers complain

The app crashed the same day Starbucks introduced its holiday menu, preventing customers from placing mobile orders.

Starbucks taps former Chipotle executive as global chief brand officer

In his first week on the job, CEO Brian Niccol said improving the company's branding was one of his four priorities to turn around the U.S. business.

Business - CNBC - October 18

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 fined

Business - Financial Times - October 29

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