Starbucks accelerates its 'Back to Starbucks' turnaround plan by removing 13 underperforming and complex drinks from its permanent menu, a move aimed at streamlining operations and reducing waste, despite risking the ire of loyal fans of discontinued items.
A former Starbucks executive alleges in a lawsuit that she was terminated after reporting maggot infestations and fire risks in new equipment, and refusing to falsify safety data.
As inflation persists, Baby Boomers are leveraging decades of financial experience to cut costs strategically. We examine the key spending categories they avoid and the generational mindset behind their money choices.
Porsche's highly anticipated electric 718 Cayman and Boxster face potential cancellation under new leadership, with insiders citing cost overruns and development hurdles amid shifting market dynamics.
The quiet maneuvering between Carlyle Group, Russia's Lukoil, and the UAE reveals a fundamental shift in global energy finance. As Western sanctions redraw the map, a new playbook is emerging—one where assets are restructured, risks are repackaged, and geopolitical neutrality becomes a tradable commodity.
The surge in popularity of weight-loss drugs like Ozempic and Wegovy is sending shockwaves far beyond the pharmacy, fundamentally altering consumer spending, challenging major corporations, and forcing a broad economic recalibration.
In his first interview as Executive Chairman, Gildo Zegna outlines a strategy of agility and direct consumer engagement to navigate global uncertainties, as the group reports resilient 2025 results driven by its flagship brand.
The relaunched retailer's shares surged 7% following its announcement to acquire Tokens.com and launch a new platform by July, leveraging tZERO and Figure's blockchain technology to offer tokenized real estate assets and financial services.
McIlhenny Company, maker of Tabasco sauce, has sued Stoli Group USA, claiming the vodka giant's new 'Halapeño Pepper Vodka' unlawfully mimics the iconic hot sauce's packaging—a design initially proposed during failed partnership talks. The legal action intensifies as Tabasco launches its own competing spirit in collaboration with Absolut.
Shares of The Chefs' Warehouse (NASDAQ:CHEF) have more than doubled over the past five years, a remarkable run fueled by the company's pivot to profitability. While recent momentum has cooled, analysts point to sustained earnings growth as a key indicator of underlying strength.
The century-old outdoor apparel brand, famed for pioneering the quilted down jacket, is preparing to close its North American retail footprint while its licensing and e-commerce operations continue under new management.
Despite lagging the S&P 500 over the past year, DoorDash retains overwhelming 'Strong Buy' ratings from analysts who see significant upside potential, even after a volatile post-earnings sell-off.
As the United States approaches its 250th anniversary, USA TODAY examines the enduring legacy of the companies that shaped the nation's culture, economy, and global identity.
In the wake of its Chapter 11 filing, Saks Global Enterprises is closing all Neiman Marcus Last Call locations and most Saks Off 5th stores, marking a dramatic retreat from the off-price sector as it refocuses on core luxury business.
The health retailer unveils its first AI-powered 'Shoppe Advisor' in a Manhattan flagship, aiming to blend digital personalization with human expertise in a competitive market, following a year of ownership changes and executive reshuffling.
Amidst a turbulent period for craft distilling, the founders of Casey Jones Distillery in Hopkinsville, KY, have sold their bourbon and moonshine operation to Pennsylvania-based B3 Beverage Company, securing the legacy of a family-run business while joining a growing portfolio of craft breweries and distilleries.
Conagra Brands launches its protein-packed Banquet MEGA Breakfast Bowls, a direct challenge to rivals in the frozen aisle. While the move aligns with consumer trends, analysts question if it's enough to offset broader financial pressures facing the packaged food giant.
Piper Sandler raises its price target on Kura Sushi USA (KRUS) following an investor meeting, citing potential from recent changes to its digital loyalty platform. The company also appointed a new marketing-focused director as it eyes U.S. expansion.
Analyst firm Benchmark increased its price target for specialty food distributor The Chefs' Warehouse (CHEF) to $84, maintaining a Buy rating. The move follows strong operational performance, including domestic acquisitions and double-digit international growth in the Middle East.
Despite a modest price target reduction, Morgan Stanley reaffirms its Overweight rating on Wingstop, citing the chicken wing chain's robust unit expansion and system-wide sales momentum as key drivers for its 2026 outlook.
