Tag: SBUX

Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand
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Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand

Investors and diners are on the lookout for an orange, fast-food-loving alien, and what he may mean for the future of McDonald’s. CosMc is the name of the character, who has featured in past McDonald’s ads, and it is also the name of a new restaurant concept that McDonald’s executives have teased in recent months. In July, the company described it as a smaller-scale restaurant, with locations soon to open in a handful of areas. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How Starbucks Lost the Top Spot in China’s Coffee Race
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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
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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
Amazon Founder Jeff Bezos to Leave Seattle for Miami
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Amazon Founder Jeff Bezos to Leave Seattle for Miami

Updated Nov. 3, 2023 3:34 pm ETJeff Bezos says he is moving from Seattle to Miami, where he’ll be near his parents, closer to some operations of his space company—and where he also could end up paying less in taxes.The Amazon.com founder and former CEO posted his plans on Instagram Thursday. “I want to be close to my parents, and Lauren and I love Miami,” he wrote, referring to his partner, Lauren Sanchez. He said his parents recently moved back to Miami, where he graduated from high school in 1982.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The NLRB Doesn’t Like Starbucks
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The NLRB Doesn’t Like Starbucks

We told you last summer about Starbucks’ complaint that the National Labor Relations Board was colluding with union representatives to tip organizing elections at its coffee stores in the union’s favor. Now the suspicions are confirmed, and the NLRB has some housecleaning to do.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8