Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy. CEO Brian Niccol said in a statement that the company’s comeback is ahead of schedule, based on his past experience, which includes turning around Chipotle Mexican Grill after a series of food-safety scandals. “While our financial […]
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Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it shifted its market strategy for the segment. Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Still, Comcast stock was up
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Yves here. The lead stories in the press are about Trump’s August 1 tariff salvo, but it’s a little too soon for much in the way of analysis, as opposed to reaction. These tariffs are sure to increase inflation in the US even if some companies accept reductions in their lofty profit levels (corporate profits
Southwest Airlines new premium seats featuring extra legroom. Leslie Josephs/CNBC Southwest Airlines‘ first assigned seats went on sale this week for flights starting Jan. 27 of next year. What you’ll pay will vary. The price depends on the route, when you’re traveling and where you sit. Selecting your ideal seats can add hundreds of dollars
How much are Southwest’s new assigned seats? It depends Read More »
Moderna logo is seen in Warsaw, Poland on April 9, 2025. Jakub Porzycki | Nurphoto | Getty Images Moderna on Friday lowered the high end of its 2025 revenue outlook due to a delay in vaccine shipments to the U.K., but beat Wall Street’s expectations for the second quarter as it works to cut costs.
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A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025. Esteban Vanegas | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate
Trunk Tools uses AI to reduce construction errors and waste Read More »
Compassionate Human Convinces a Lonely Left Behind Cat Living in the Woods for Six Years to Come Inside Laughing Squid Meet the world’s rarest mineral. It was found only once ZME Science New-to-science stick insect is the heaviest ever found in Australia New Scientist Climate/Environment Has it seemed particularly humid to you? A staggering 18
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Maskot | Maskot | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are ramping up the war for talent, creating new incentive plans for top executives that
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As much as it saddens me to say, it looks like we were right: online age verification is being used as a Trojan horse for the mass rollout of digital identity systems. Last Friday (July 25), the Starmer government took a historic step by making age verification checks mandatory for accessing pornography and other supposedly
Quelle Surprise: UK’s Online Age Verification Law Triggers Explosion in Demand for VPNs Read More »
Yves here. The implicit RFK, Jr. position is maddening. Yes, artificial food dyes are probably not good for health and should be eliminated. But how significant is the health cost of these food additives, which consumers intake at different levels, versus, say, pesticides, air pollution (mercury!) and other chemicals? The chemical intake burden is significantly
Chronically Ill? In RFK Jr.’s View, It Might Be Your Own Fault Read More »
