Howard Schultz is returning to lead Starbucks Corp. SBUX 5.16% for a third time, saying the company he helped become the world’s largest coffee chain needs to reinvent itself once more. Mr. Schultz, who built Starbucks from a handful of Seattle-based coffee shops to a global giant before retiring as executive chairman in 2018, will […]
SINGAPORE — Shares in Asia-Pacific rose in Thursday trade as the Chinese markets continue to extend gains from a rebound, while the US Federal Reserve announced its first rate hike in more than three years. Hong Kong’s Hang Seng index led gains among the region’s major markets, surging 6.36% in afternoon trade and erasing heavy […]
Enlarge / A VW employee assembles an ID.3 electric vehicle at the VW factory in Dresden in 2021. Any hope that the auto industry’s supply chain shortages were easing up appear to have been comprehensively dashed this week. In Europe, Russia’s invasion of Ukraine has caused BMW and Volkswagen to halt production at a number […]
As a millennial born in 1988, it’s hard for me to think about coffee without in turn thinking about Starbucks. Since expanding nationwide in the 1990s, Starbucks has completely changed coffee culture. Some might say for better, others for worse. But a lasting change to say the least. Even the Starbucks cups are famous. Odds […]
Tesla’s cheapest Model 3 now sells for $46,990 following a price hike this month, making the entry-level Model 3 34% more expensive than it was three years ago. Additional fees, some of which are industry standards, raise the total price of a basic Model 3 to $48,440. The Model 3 was touted long before it […]
**Related Video Above: Massive Chick-fil-A Lines seen in Texas two years ago.** (KTLA) – A California city is considering declaring its local Chick-fil-A drive-thru a public nuisance – not because people dislike it, but because they seem to like it too much. The last several years, Santa Barbara says it has received several complaints about […]
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally boasted strong gains Wednesday, closing at session highs amid big news from China, the Russia-Ukraine war and a hawkish Federal Reserve. X JB Hunt Transport Services (JBHT), Costco Wholesale (COST) and Harmony Biosciences (HRMY) broke out Wednesday, […]
Enlarge / Audi designers closed off the grille for better aerodynamics without eliminating the company’s trademark front end. Owners can customize the daytime running lights using the matrix LED headlights. Today, Audi answered a question that many enthusiasts have been asking for years—when will they be releasing an electric station wagon? The company has a […]
The submission is based on two data sets from Israel. “Both data sets showed evidence that an additional mRNA booster increases immunogenicity and lowers rates of confirmed infections and severe illness,” the companies said in a news release. The first data set cited in the release was an analysis of records for more than 1.1 […]
As of Wednesday evening in the United States, it was not clear what had happened. Earlier in the day, Russian Finance Minister Anton Siluanov told the RIA Novosti news agency that the payments in the US dollars might not reach foreign bondholders because the government’s foreign currency accounts were frozen by US sanctions. Story continues […]
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