Tag: restaurants

How Starbucks Lost the Top Spot in China’s Coffee Race
World

How Starbucks Lost the Top Spot in China’s Coffee Race

Listen to article(2 minutes)Starbucks is losing its prime spot among chains racing to meet China’s growing thirst for coffee.Luckin Coffee has surpassed Starbucks as China’s biggest coffee chain by sales and units, company reports show, a comeback for the Chinese company after an accounting scandal that stalled its growth.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Starbucks ‘Red Cup Day’ Strike: Workers Walk Out in Bid to Kickstart Negotiations
World

Starbucks ‘Red Cup Day’ Strike: Workers Walk Out in Bid to Kickstart Negotiations

Updated Nov. 16, 2023 2:53 pm ETThousands of unionized Starbucks workers went on strike Thursday on a busy sales day for the coffee chain in a bid to bring the company back to the negotiating table.Baristas walked out on the company’s annual “Red Cup Day” promotion for the second straight year, according to the union representing them. During the promotion, Starbucks gives customers a free reusable cup when they order a holiday drink.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
A Beachfront Estate on a Carless Caribbean Island Asks $40 Million
World

A Beachfront Estate on a Carless Caribbean Island Asks $40 Million

Listen to article(2 minutes)Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert.A beachfront home on a private island north of Antigua is coming on the market for $40 million. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Las Vegas Strip Workers Reach Tentative Deal with Wynn Resorts
World

Las Vegas Strip Workers Reach Tentative Deal with Wynn Resorts

Unions representing Las Vegas Strip workers reached a tentative deal with Wynn Resorts for a new contract, averting a strike scheduled to start Friday morning.The Culinary and Bartenders unions said that with just three hours left before their early-morning strike deadline, Wynn tentatively agreed to a new five-year contract covering more than 5,000 employees at two Las Vegas properties.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Airbnb Pitches Skeptical Shoppers on More Relevant Reviews
World

Airbnb Pitches Skeptical Shoppers on More Relevant Reviews

Updated Nov. 8, 2023 11:04 am ETListen to article(2 minutes)Would you trust Airbnb reviews more if you knew more about the guests leaving reviews? The short-term rental company is hoping you will.Airbnb announced several changes to its ratings and reviews page on Wednesday. Potential guests looking at past reviews of properties will see more information about reviewers. This could include where they are from, the length of their stay and whether they traveled with children, pets or in a group. Hosts with homes receiving excellent ratings and reviews from guests will also receive a new Guest Favorites designation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Dating Apps Need to Rekindle Romance With Wall Street
World

Dating Apps Need to Rekindle Romance With Wall Street

Investors are swiping left on Bumble’s new chief. She shouldn’t take it too personally. The owner of the female-driven online dating app of the same name saw its share price slide about 5% on Monday morning after the company said that founder Whitney Wolfe Herd is stepping down from the chief-executive officer role. She will remain as executive chair, while Lidiane Jones will take over as CEO on Jan 2. She currently heads up Slack Technologies, where she became CEO almost a year ago under the ownership of Salesforce. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Dating Apps Need to Rekindle Romance With Wall Street
Money

Dating Apps Need to Rekindle Romance With Wall Street

Investors are swiping left on Bumble’s new chief. She shouldn’t take it too personally. The owner of the female-driven online dating app of the same name saw its share price slide about 5% on Monday morning after the company said that founder Whitney Wolfe Herd is stepping down from the chief-executive officer role. She will remain as executive chair, while Lidiane Jones will take over as CEO on Jan 2. She currently heads up Slack Technologies, where she became CEO almost a year ago under the ownership of Salesforce. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8