Starbucks’ next CEO will come from outside the company, interim leader Howard Schultz told The Wall Street Journal.
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Walmart is using its thousands of stores to battle Amazon for e-commerce market share
Walmart is increasingly relying on its vast network of stores to build out its e-commerce business.
Continue readingStarbucks union creates $1 million fund to cover lost pay for striking baristas
As of early this week, 100 Starbucks locations have voted to unionize under Workers United.
Continue readingFord’s U.S. sales decline narrowed in May as demand remained high for its electric vehicles and pickups
Ford said its sales decline was narrower than the overall industry’s, helped by demand for the company’s latest products as the chip shortage lingered.
Continue readingFord to add over 6,000 U.S. jobs as it boosts electric vehicle production and prepares for a new Mustang
Ford will add 6,200 union jobs and promote another 3,000 temps to full-time status as it prepares to build more EVs and all-new versions of […]
Continue readingStar Wars is mostly TV now — and the Disney franchise’s often-fractured fanbase is cool with that
By the time Taika Waititi’s untitled Star Wars film hits theaters in 2023, it will have been four years since the franchise has been on […]
Continue readingUnited Airlines plans $100 million expansion of pilot training center during hiring spree
United’s Denver campus will be able to accommodate 52 full-motion simulators after the extension is complete.
Continue readingMortgage rates rise sharply after three weeks of easing
Mortgage rates are surging higher again this week after falling for the past three weeks.
Continue readingFord CEO expects to see industry consolidation as the costs of transition to electric vehicles rise
Jim Farley said the massive amounts of capital needed to invest in EV technologies will force smaller companies to be acquired.
Continue readingConsumers spend an average $133 more each month on subscriptions than they realize, study shows
Many subscription services allow for automatic payment of monthly fees by debit or credit card, making it likely many users may forget about the ongoing […]
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