Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked by former CEO Schultz. In its last two quarters, Starbucks reported ...
A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family units were completed in June than in any month in nearly 50 years, according to Zillow Group, an online marketplace for real estate. Landlords are taking notice ...
LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air. The annual “all you can fly” pass, which allows passengers to book one-way and roundtrip flights throughout the year, will be available for the introductory fee until Friday before the price rises to 599 ...
As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60% of Americans wrongly think the U.S. is currently in a recession, according to a June survey of 2,000 adults from Affirm. While Goldman Sachs and JP Morgan raised recession forecasts in August, other experts still expect an economic “soft landing,” meaning the Federal Reserve’s policy ...
Critics have claimed President Biden’s seemingly light schedule and infrequent public appearances since dropping out of the presidential race will harm America’s image abroad, even as the White House stresses recent policy wins. ‘Biden has disappeared from view, Harris is campaigning full-time, and won’t meet with the press,’ former national security adviser K.T. McFarland told Fox News Digital. ‘This sends ...
Former President Trump is once again arguing that Vice President Kamala Harris is ‘worse than Bernie Sanders.’ Since Harris replaced President Biden at the top of the Democrats’ 2024 ticket three and a half weeks ago, the Republican presidential nominee, his campaign, and allies, have repeatedly claimed that Harris is an ultra-liberal, as they point to her record as San ...
Vice President Harris appears to be singing a different tune when it comes to ensuring ‘Medicare-for-all,’ compared to when she ran for president in 2019. A campaign official told Fox News senior White House correspondent Peter Doocy that Harris will not push the subject of single-payer or ‘Medicare-for-all’ this go around, as she seeks her first term as commander-in-chief. In ...
Hunter Biden reportedly sought assistance from the U.S. government for a lucrative energy project in Italy when President Biden was serving as vice president, highlighting allegations that he used his father’s political standing as leverage for his foreign business interests. The younger Biden wrote at least one letter to the U.S. ambassador to Italy in 2016 seeking assistance for the ...
The State Department announced that it had approved $20 billion in arms sales to Israel as the region continues to spiral towards a wider war in the Middle East. The advance includes a myriad of weapons such as fighter jets and equipment worth nearly $19 billion, tank cartridges valued at $774 million, explosive mortar cartridges valued at over $60 million ...
President Biden repeated a claim he had been fact-checked for in the past, telling an audience on Tuesday that he traveled 17,000 miles with Chinese President Xi Jinping. ‘I spent a lot of time with Xi Jinping,’ he said during his remarks at an event touting the Biden ‘Cancer Moonshot’ initiative in New Orleans, Louisiana. ‘I spent over 80 hours ...