Business

As incoming CEO Brian Niccol prepares to take the reins at Starbucks, one of the core issues he will need to address is the problem of operational inefficiencies plaguing the coffee giant. The mobile ordering system, which accounts for roughly one-third of Starbucks’ total sales, has created a bottleneck that is frustrating both customers and
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SpaceX is gearing up for its next private mission scheduled to launch at the end of the month. The Polaris Dawn mission, the first of three missions purchased by billionaire Jared Isaacman for his Polaris Program, is set to take off from Florida on August 26. This mission marks the first attempt to have astronauts
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United Auto Workers President Shawn Fain recently released a video where he criticized Stellantis CEO Carlos Tavares, accusing him of price gouging consumers and failing to uphold parts of the union’s labor contract with the automaker. Fain’s comments in the video raised concerns about sales being down, profits decreasing, and CEO pay increasing significantly. He
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Walmart, as the nation’s largest retailer, is set to report its quarterly earnings on Thursday, providing crucial insights into the state of the American economy. With analysts estimating earnings per share to be 65 cents and revenue at $168.53 billion, investors are eagerly awaiting the results to gauge consumer spending behavior and economic outlook. In
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The Federal Reserve’s potential interest rate cut has caused a waiting game among homeowners in the housing market, affecting major projects that require financing. The Chief Financial Officer of Home Depot, Richard McPhail, mentioned that many homeowners are postponing moving into new houses or starting projects due to the anticipation of lower interest rates in
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