Business

Bank of Japan documents reveal doubts about former Governor Haruhiko Kuroda's aggressive stimulus program, with policymakers split on its effectiveness and potential risks.

Published on: January 29, 2025, 04:00 AM UTC

Starbucks CEO Brian Niccol faces the challenge of balancing the popularity of mobile orders with his vision for a classic coffeehouse experience. The company is implementing an algorithm to improve efficiency and create a more personal touch for customers.

Published on: January 29, 2025, 03:00 AM UTC

Sony Group President Hiroki Totoki will become CEO on April 1, while Kenichiro Yoshida will remain as chairman. Tao Lin will succeed Totoki as CFO.

Published on: January 29, 2025, 02:00 AM UTC

Starbucks aims for a comeback, despite mixed results in the first quarter of fiscal year 2025, including declining same-store sales and foot traffic, but positive signs in key areas.

Published on: January 29, 2025, 01:01 AM UTC

Nestlé to invest $1 billion in Mexico over the next three years, says President Claudia Sheinbaum.

Published on: January 29, 2025, 01:00 AM UTC

Starbucks reports better-than-expected quarterly results, driven by coffee-focused ads, removal of nondairy milk upcharge, and improved store experience. Same-store sales fell 4%, an improvement from the prior quarter.

Published on: January 29, 2025, 01:00 AM UTC

Microsoft to Report Q2 Earnings Amidst DeepSeek AI Impact; Revenue Growth Anticipated

Published on: January 29, 2025, 12:03 AM UTC

The Container Store emerges from Chapter 11 bankruptcy with a healthier balance sheet and access to new financing. Despite competition from Amazon, Walmart, and Target, the home goods retailer is optimistic about its future.

Published on: January 29, 2025, 12:02 AM UTC

The Nasdaq and S&P 500 rebounded Tuesday following a sell-off sparked by Chinese startup DeepSeek's new AI model. Nvidia surged after losing $589 billion in market cap on Monday while Starbucks rose in after-hours trading after beating earnings estimates. As markets look ahead to the Federal Reserve's interest rate decision, investors are monitoring tariff updates from President Trump.

Published on: January 29, 2025, 12:02 AM UTC

Starbucks (SBUX) reports Q1 2025 results, beating expectations despite declines in same-store sales and foot traffic. CEO Brian Niccol's turnaround plan focuses on core coffee products, pricing, and faster service. The company plans to reduce menu offerings, invest in marketing, and improve staffing levels. Wall Street analysts expect ongoing negative sales trends, but anticipate momentum in the future.

Published on: January 29, 2025, 12:01 AM UTC