Let's take a peek at some big names in the stock market that made waves after regular trading hours. Microsoft took a dip of nearly 4%, disappointing investors with revenue expectations for the next quarter. Analysts had hoped for a bit more, around $69. 83 billion, but Microsoft was thinking more along the lines of $68. 1 to $69. 1 billion. Moving on to Booking Hol...
Coffee giant Starbucks is making waves with a strict new policy. The company is warning its corporate employees that they could be fired if they don't show up to the office at least three days a week. This comes just weeks after the company hired a new CEO who gets to work from his Southern California home. The memo circulated to one division states that employees wh...
Climate change is making life tough for coffee farmers. Temperatures are rising, and weird weather patterns like La Niña are bringing frosts and droughts that mess with crop growth. This isn’t just bad news for farmers; it also affects what we drink. Starbucks is stepping up to protect its coffee supply by buying more farms in Costa Rica and Guatemala. By doing this,...
Starbucks has announced the retirement of its North America CEO, Michael Conway, after just five months in the role. This surprise move comes as the company is working to revamp its operations in the face of dwindling demand for its pricey lattes in the US market. The decision has left many wondering what this means for the company's future. "What's behind this sudd...
As new Starbucks CEO Brian Niccol takes the reins, he's focusing on improving the chain's U.S. business before tackling international issues. Niccol outlined four areas for improvement: the barista experience, morning service, cafes, and branding. He plans to invest in tech to improve working conditions, make the supply chain more efficient, and upgrade the app and...
In his first 100 days as CEO, Brian Niccol is dedicating himself to fixing Starbucks' slump. he's identified four key areas to focus on: improving the barista experience, morning service, cafes, and branding. He wants to invest in tech to speed up drink crafting and streamline supply chain logistics. He plans to tackle the U.S. market, addressing issues like in...