Longtime Starbucks leader Howard Schultz returned to the company as interim CEO Monday By MATT OTT and DEE-ANN DURBIN AP Business Writers April 4, 2022, 6:45 PM • 3 min read Share to FacebookShare to TwitterEmail this article SILVER SPRING, Md. — Longtime Starbucks leader Howard Schultz — who returned to the company as interim […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks higher but key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE US stock futures rose modestly Monday, with the tech-heavy Nasdaq looking the strongest. Twitter shares […]
Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at its New York City Reserve Roastery voted 46-36 in favor of forming a union on Friday, dealing a blow to incoming interim CEO Howard Schultz […]
A demonstrator during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, US, on Friday, April 1, 2022. Jeena Moon | Bloomberg | Getty Images Amazon workers on New York’s Staten Island just made history, becoming the first group to vote in favor of unionizing at a […]
A person enters a Walgreens store in San Francisco, California, US, on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday announced fiscal second-quarter earnings that topped analysts’ expectations, after the omicron variant of Covid-19 intensified demand for booster shots and tests and drove foot traffic during […]
chris ryan | OJO Pictures | Getty Images The recent news out of Starbucks that Kevin Johnson will be stepping down as CEO on April 4 and founder Howard Schultz will again be leading the company puts the critical process of CEO succession planning back into the spotlight. Selecting the right leader for an organization […]
Starbucks Barista Gianna Reeve, part of the organizing committee in Buffalo, New York, speaks in support of workers at Seattle Starbucks locations that announced plans to unionize, during a rally at Cal Anderson Park in Seattle, Washington on January 25, 2022. Jason Redmond | AFP | Getty Images Starbucks baristas at a Seattle location on […]
The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy’s restaurants on March 2, 2020 in New York City. David Dee Delgado | Getty Images Two years ago, Wendy’s launched its breakfast menu nationwide, finally crossing the finish line for a goal it tried and failed at for nearly four decades. […]
Impossible Foods CEO Pat Brown in 2019 Robyn Beck | AFP | Getty Images Impossible Foods founder Pat Brown is stepping down as CEO, and Chobani’s departing operating chief, Peter McGuinness, will take the helm of the company. The transition comes after a roller coaster two years for the plant-based meat industry. Impossible and rival […]
Starbucks CEO Kevin Johnson is retiring after five years on the job. Howard Schultz will return to take the helm of the company he elevated into a global brand. Schultz will serve as interim CEO, while the company searches for a long term successor. This will be his third tenure as the coffee giant’s chief […]
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