Latest in Starbucks Promises
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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 Scales Back Discounts Under New CEO
Brian Niccol, the company’s new chief executive, is aiming to improve cafe operations and focus more on selling premium coffee while promoting seasonal drinks.Business - The Wall Street Journal - October 14 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - 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 Baristas Demand Change from New CEO
Starbucks baristas hope to see their complaints taken seriously with new leadership at the helm.Business - Inc. - October 23 -
Starbucks’s CEO Steps In to Tackle Long List of Issues
Customers are turning away from the coffee giant, and its new chief executive, Brian Niccol, has to figure out how to get them back.Business - The New York Times - October 30 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
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 BidenTop 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.Top stories - CBS News - Yesterday -
China’s Stock Markets Rebound on Promises to Help Businesses
Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.Business - The New York Times - October 14 -
Trump promises tariffs to help pay for economic plans
Former President Donald Trump addressed the Economic Club of Chicago and doubled down on applying tariffs to help pay for the costs of his proposed economic plan. Trump affirmed tariffs will keep ...Top stories - CBS News - October 15 -
Labour’s promise of change requires a clearer message
Starmer’s government must learn from leaders who transformed Britain: Attlee, Blair and, yes, ThatcherWorld - Financial Times - October 18 -
New study shows promising treatment for shingles
Shingles, a virus that can cause painful rashes and serious complications, is more common than many think. Dr. Jon LaPook joins "CBS Mornings Plus" to explain the latest research showing promising ...Top stories - CBS News - October 22 -
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Promise unfulfilled - inside Mourinho's Man Utd reign
As Jose Mourinho gets ready to face his old club Manchester United in the Europa League, Simon Stone looks back at his time in charge at Old Trafford.Top stories - BBC News - October 24 -
The promise of Richardson's future could be hurting Colts' present
Joe Flacco probably gives Indianapolis a better chance of winning than Anthony Richardson right now, but Indy is playing the long game with its second-year QB.Sports - Yahoo Sports - October 23 -
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first BudgetBusiness - Financial Times - October 30 -
Promising Flyers Prospect Out Multiple Weeks
This Philadelphia Flyers prospect will be missing some time.Sports - Yahoo Sports - October 31 -
Puerto Ricans brave rain and long lines to vote in a general election that promises to be historic
Puerto Rico is holding elections that will be historic regardless of which of the top two gubernatorial candidates winsWorld - ABC News - 3 days ago -
Trump's immigration promises for second presidential term
Former President Donald Trump ran on a campaign to radically overhaul immigration policy in 2024. CBS News' Camilo Montoya-Galvez has more from the U.S.-Mexico border in Arizona.Top stories - CBS News - 2 days ago -
Friday Briefing: Biden promises a peaceful transition
Plus, the readers turning to “healing fiction.”World - The New York Times - Yesterday -
Don't own the AI chip leaders? Jim Cramer says this might be your chance to act
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 15 -
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 boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecksTop stories - BBC News - 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 - October 29 -
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 - October 31 -
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 - October 29