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Business - Page 1394

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Former Starbucks CEO Howard Schultz to step down from coffee chain’s board

Howard Schultz, the former CEO of Starbucks, will be stepping down from the company’s board, according to an announcement made on Wednesday. Schultz stated that he looks forward to supporting the next

September 13, 2023

Business

DraftKings expresses regret for 9/11 sports bet promotion involving New York teams

The prominent sports gambling company DraftKings apologized on Monday for offering a bet parlay that would have paid out if three New York teams won on the 22nd anniversary of the September

September 13, 2023

Business

UPS CEO Presents New Labor Contract to Investors as Company’s Stock Declines Before Holiday Peak

Carol Tome, the CEO of UPS, spoke about the costs of the new Teamsters contract, aiming to convince investors that they are manageable. She stated that the “$30 billion in new money”

September 13, 2023

Business

Macy’s-owned Bloomingdale’s appoints Olivier Bron as its new CEO

A Bloomingdale’s store in New York Victor J. Blue | Bloomberg | Getty Images Macy’s announced on Tuesday that it has chosen Olivier Bron, an international retail executive, as the new CEO

September 13, 2023

Business

Highlights from the Detroit Auto Show

The ongoing negotiations between the Detroit automakers and the United Auto Workers labor union have taken center stage in the industry. However, despite these discussions, some companies used this year’s Detroit Auto

September 13, 2023

Business

McDonald’s to Conduct Focus Groups with Owners as Part of Civil Rights Audit

A McDonald’s restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBC McDonald’s plans to start virtual focus groups with some of its owners and operators as part of

September 13, 2023

Business

Concerns over SpaceX’s Dominance in Rocket Launches, warns Lazard Banker

Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard, speaks during a panel at the World Satellite Business Week conference on Sept. 11, 2023. Michael Sheetz | CNBC A Lazard

September 13, 2023

Business

Marvel visual effects artists vote to join union as Hollywood strikes continue

Mark Ruffalo as The Hulk in “Avengers: Endgame.” Disney | Marvel Hollywood is currently experiencing two strikes, and now there are new union members. The visual effects (VFX) workers at Marvel Studios

September 13, 2023

Business

Wall Street Regards Possible UAW Strikes as Manageable, with Potential Benefits

United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC Many individuals on Wall Street believe that potential strikes by

September 13, 2023

Business

Target partners with jeweler Kendra Scott for the holiday season

Target has announced a collaboration with jeweler Kendra Scott, bringing her exclusive collections of earrings, bracelets, and more to about 150 of its stores. The majority of items will be priced under

September 13, 2023

Business

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Business - Page 1394

Former Starbucks CEO Howard Schultz to step down from coffee chain’s board

UPS CEO Presents New Labor Contract to Investors as Company’s Stock Declines Before Holiday Peak

Macy’s-owned Bloomingdale’s appoints Olivier Bron as its new CEO

Highlights from the Detroit Auto Show

McDonald’s to Conduct Focus Groups with Owners as Part of Civil Rights Audit

Concerns over SpaceX’s Dominance in Rocket Launches, warns Lazard Banker

Marvel visual effects artists vote to join union as Hollywood strikes continue

Wall Street Regards Possible UAW Strikes as Manageable, with Potential Benefits

Target partners with jeweler Kendra Scott for the holiday season

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