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Starbucks Corp

Companies losing pricing power after years of unbridled spending

by Horatio Thompson
Companies losing pricing power after years of unbridled spending

Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York on Oct. 24, 2021. Nina Westervelt | Bloomberg | Getty Images After years of unbridled consumer …

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Coffee chains are crowding Singapore to jumpstart their global expansions

by Walter Watson
Coffee chains are crowding Singapore to jumpstart their global expansions

Group of friends at a restaurant Santiago Nunez | Klaud9 | Getty Images The Singapore coffee market is already crowded, but brands continue to open new locations in the city-state …

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Inflation has created a dark cloud over how everyday Americans view the economy

by Walter Watson
Inflation has created a dark cloud over how everyday Americans view the economy

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images When Kyle Connolly looks back at 2023, she sees …

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LinkedIn shelved plan to migrate to Microsoft Azure cloud

by Edgar Davis
LinkedIn shelved plan to migrate to Microsoft Azure cloud

Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images LinkedIn has set aside an effort to relocate its …

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These stocks could be due for pullback following market’s big week

by Ron Morgan
These stocks could be due for pullback following market’s big week

A handful of well-known stocks were snatched up this week at levels that could indicate a correction ahead. The three major indexes are poised to end this week, which was …

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Starbucks tells union it wants to resume contract talks in January

by Walter Watson
Starbucks tells union it wants to resume contract talks in January

Members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle in Washington, D.C., on Nov. 16, 2023. Kevin Dietsch | Getty Images Starbucks said …

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Aims to open nearly 9,000 restaurants

by Anas Siddiqui
Aims to open nearly 9,000 restaurants

McDonald’s wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027. The targets are part of the fast-food giant’s long-term plans to …

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China’s youths shop at B1B2 bargain basements as economy bites

by Walter Watson
China’s youths shop at B1B2 bargain basements as economy bites

Consumers shopping at a mall in Yantai, East China’s Shandong province, July 10, 2023. Future Publishing | Future Publishing | Getty Images Min Li doesn’t go to the mall often. …

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China consumption shows no sign of strong V-shaped recovery: McKinsey

by Walter Watson
China consumption shows no sign of strong V-shaped recovery: McKinsey

Consumers eating shabu shabu at a restaurant in Lianyungang City, East China’s Jiangsu Province, Nov 26, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s consumer isn’t …

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Amazon rolls out palm-scanning technology for office workers

by Edgar Davis
Amazon rolls out palm-scanning technology for office workers

Amazon is expanding its palm-scanning technology beyond grocery stores and is rolling out a version that’s designed for the business world. Amazon One Enterprise repackages the company’s palm-based payment system …

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