Food and drink
Starbucks workers union launches strike in more than 40 cities on chain’s key holiday sales day
Workers picket in front of a Starbucks outlet in New York City, U.S., Oct. 1, 2025. Brendan McDermid | Reuters Starbucks Workers United launched an open-ended strike in more than 40 cities Thursday on Red Cup Day, one of the chain’s biggest sales days of the year. The protest, which the union says involves more than […]
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American farmers push to boost soybean sales in China as Trump’s trade war rumbles on
After President Donald Trump’s recent meeting with Chinese leader Xi Jinping, there is hope for U.S. farmers that the soybean business may be on the way back. At the China International Import Expo last week, Illinois soybean farmer Scott Gaffner said he came to Shanghai to save his China business. “We want to make sure […]
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More than 100 lawmakers push Starbucks to resume union negotiations
Starbucks workers and supporters practice picket outside a Starbucks location in New York, US, on Wednesday, Oct. 1, 2025. Michael Nagle | Bloomberg | Getty Images More than 100 lawmakers urged Starbucks to resume bargaining talks with Workers United, the union representing the coffee giant’s baristas, in letters sent to CEO Brian Niccol on Monday. […]
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Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance
The Instacart logo is seen on a smartphone and on a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart‘s stock rose 3% after the grocery delivery platform topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. Here’s how the company did versus LSEG estimates: Earnings per share: […]
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They met on Tinder when they were 19. Now, they’re married and run a cake business that brings in over $650,000 a year
Kai Yang Chan (left) and JiaYi Zhou (right) run Singapore-based bakery Cake Inspiration. Courtesy of Cake Inspiration When Kai Yang Chan and Jiayi Zhuo matched on Tinder at age 19, neither of them expected that it would lead to marriage. Six years later, not only have they tied the knot — they’re also business partners. […]
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Travelers’ demand for more unique experiences fuels lifestyle hotel boom in Asia
A growing number of travelers want more from their hotels than a soft bed and clean place to sleep. They want hotels that reflect their interests — be it art, music, fashion or work — and allow them to mingle with other travelers who share these passions too. That’s given lifestyle hotels a boost, with […]
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Doordash stock sinks 9% as company misses earnings, says it expects further spending
A DoorDash bag on a bicycle in New York, US, on Tuesday, May 6, 2025. Yuki Iwamura | Bloomberg | Getty Images DoorDash reported third-quarter earnings that missed analyst expectations and said it expects to spend “several hundred million dollars” on new initiatives and development in 2026. The stock sank 9% following the report. Here’s […]
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Papa John’s sinks nearly 20% on report Apollo withdrew its offer to take chain private
Shares of Papa John’s sank nearly 20% on Tuesday following a report that Apollo Global has withdrawn its offer to take the pizza chain private. Reuters reported that the private equity firm backtracked on its bid, valued at $64 a share, about a week ago. The firm previously submitted an offer for Papa John’s alongside […]
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Instacart rolls out AI tools for grocers, Sprouts will be first to use its Cart Assistant
Justin Sullivan | Getty Images Instacart on Tuesday launched a suite of artificial intelligence tools for grocers to deliver more personalized shopping experiences and improve retail operations. CEO Chris Rogers told CNBC that the announcement is a major step forward in the company’s enterprise strategy, which has grown to power hundreds of digital storefronts. “It’s […]
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Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images With more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors. There have […]
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