Starbucks

Starbucks Corp. (NASDAQ:SBUX) might never have grown beyond six Seattle coffee shops if not for Bill Gates Sr., the towering attorney, who stepped in when Howard Schultz lacked the cash and the clout to buy the company in 1987. What Happened: Schultz, then 33, had 60 days to raise $3.8 million...

Starbucks Corp. (NASDAQ:SBUX) is considering selling a minority stake in its China business to an outside investor as part of efforts to reinvigorate growth in the region, according to the company's CEO. What Happened: Starbucks’ CEO, Brian Niccol, revealed in an interview with the Financial...

Coffeehouse chain, Starbucks Corp. (NASDAQ:SBUX), is making a case for its resilience amid the slowdown, rising recession risks, and global trade uncertainty. What Happened: During Tuesday's second-quarter earnings call, CEO Brian Niccol addressed concerns about the company’s past...

On Tuesday, major U.S. indexes closed higher, with the Dow Jones Industrial Average climbing 0.75% to 40,527.62, the S&P 500 rising 0.6% to 5,560.83, and the Nasdaq adding 0.55% to finish at 17,461.32. These are the top stocks that gained the attention of retail traders and investors throughout...

On Tuesday, U.S. markets closed with mixed results. The Dow Jones Industrial Average remained nearly unchanged at 42,924.89, while the S&P 500 slipped slightly by 0.05% to 5,851.20. The Nasdaq, however, gained 0.2%, finishing at 18,573.13. Despite the overall market performance, certain stocks...

Renowned philanthropist and former chairman of Tata Group, Ratan Tata, passed away at the age of 86 on Oct. 9. Tata was admitted to Mumbai’s Breach Candy hospital in a critical condition where he breathed his last. What Happened: Tata was known for his instrumental role in globalizing and...

Shaquille O'Neal is widely recognized as one of the greatest basketball players, but since retiring from the NBA, he’s gained significant respect for his business expertise and chance encounters. What Happened: During a 2018 appearance on "The Ellen Show," Shaq shared two pivotal investment...

The newly appointed CEO of Starbucks Corporation, Brian Niccol, has sparked environmental concerns with his decision to commute between his California home and the Seattle office via a private jet, as per a recent company announcement. What Happened: Starbucks has made arrangements for Niccol to...

Major U.S. indices closed in positive territory, with the Dow Jones Industrial Average gaining 1.04% to finish at 39,765.64, the S&P 500 climbing nearly 1.7% to 5,534.43, and the Nasdaq advancing 2.4% to 17,187.61. These are the top stocks that gained the attention of retail traders and...

Starbucks (NASDAQ:SBUX) initiated a trademark infringement lawsuit against “Starbuds Flowers,” a mobile cannabis retailer, in the US District Court for the Southern District of New York. The global coffee chain alleges that Starbuds’ logo bears a striking resemblance to its iconic...

On Tuesday, the main U.S. stock indexes closed lower, with the Dow Jones Industrial Average finishing down 1.5% at 37,815.92, the S&P500 falling by 1.6% to 5,035.69, and the Nasdaq declining by 2.04% to 15,657.82 at the end of the day’s trading session. These are the top stocks that...

The U.S. Supreme Court is set to hear a challenge from Starbucks Corp. (NASDAQ:SBUX) against the National Labor Relations Board’s decision to reinstate fired baristas who were organizing a union. What Happened: The case stems from a 2022 incident where Starbucks fired seven baristas from a...

Barbara Doran, BD8 Capital Partners’ Chief Investment Officer, and Senior Portfolio Manager has divulged her top stock picks, demonstrating a bullish outlook on the wider stock market. What Happened: Doran’s selections include Boeing Co. (NYSE:BA), Nvidia Corp. (NASDAQ:NVDA), and...

Betsey Stevenson, a former member of President Barack Obama’s Council of Economic Advisers, recently said on X, previously known as Twitter, to share her perspective on the significance of coffee in daily life. This came after financial advisor, author, and podcast host Suze Orman criticized...

Bakkt, a digital asset company in a filing with the Securities and Exchange Commission (SEC) said that its liquidity may be insufficient to sustain operations over the next year. The firm said this is due to a “rapidly evolving environment” across the cryptocurrency industry. What...