Breaking News: Business
Starbucks stock falls as interim CEO Howard Schultz suspends share buybacks
Howard Schultz, Chairman of Starbucks at the grand opening of the Starbucks Reserve Roastery in Shanghai, China on Dec. 5th, 2017. Justin Solomon | CNBC Howard Schultz’s first day back at the helm of Starbucks kicked off with an announcement that the coffee chain is suspending stock buybacks to invest back into operations. Shares of […]
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Stock futures are flat after S&P 500 notches third straight week of gains
Traders on the floor of the NYSE, March 25, 2022. Source: NYSE U.S. stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains. Futures contracts tied to the Dow Jones Industrial Average slid 14 points. S&P 500 futures were flat, while Nasdaq 100 futures declined […]
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Airlines cancel hundreds of weekend flights as thunderstorms sweep through Florida
A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 U.S. […]
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Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionize
Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on 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 […]
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Will Smith resigns from motion picture academy over ‘inexcusable’ Chris Rock Oscars slap
Will Smith has resigned from the Academy of Motion Picture Arts and Sciences, days after he smacked comedian Chris Rock at the annual Oscars ceremony in Los Angeles. In a statement issued Friday, Smith said he would “accept any further consequences” the group’s board of governors may deem appropriate. “My actions at the 94th Academy […]
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Spider-Man spin-off ‘Morbius’ with Jared Leto is ‘lazy,’ ‘not good’ and ‘totally skippable,’ critics say
Jared Leto stars as Michael Morbius in Sony’s “Morbius.” Sony It’s never a good sign when a critic says your movie could have been “better summed up in a two-minute trailer,” but, alas, that is the case for Sony’s latest Marvel film “Morbius.” As Adam Graham of the Detroit News notes in his review of […]
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Myocarditis risk higher after Covid infection than Pfizer or Moderna vaccination, CDC finds
A healthcare worker administers a Covid-19 test in San Francisco, California, on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images People infected with Covid-19 face a higher risk of myocarditis and other inflammatory heart conditions than those vaccinated against the disease, according a large study published by the Centers for Disease […]
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U.S.-listed Chinese stocks jump after China reportedly considers sharing company audits
A security personnel stands guard at the opening session of Baidu’s annual AI developers conference Baidu Create 2019 in Beijing, China, July 3, 2019. Jason Lee | Reuters New York-listed Chinese stocks jumped Friday after a report that China is considering sharing key information that would allow the firms to continue trading publicly in the […]
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CDC will end sweeping order used to expel migrants at U.S. borders during Covid pandemic
Pedestrians wait to cross into the U.S. at the San Ysidro Port of Entry border crossing bridge in Tijuana, Mexico, on Sunday, March 20, 2022. Cesar Rodriguez | Bloomberg | Getty Images The Centers for Disease Control and Prevention will lift a sweeping public health order that has allowed the U.S. to expel more than […]
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Restaurants are getting creative with menus to counter soaring food costs
Long Beach Fish Grill’s menu board Source: Jessica Dinglasan Jessica Dinglasan, owner of Long Beach Fish Grill in Long Beach, California, never used to write “market price” on her menu. But now the halibut fish she sources costs more than $30 a pound, nearly double what it was a year ago, and the 13-gallon container […]
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