Brian Niccol, CEO of Chipotle Anjali Sundaram | CNBC 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…
At least three news outlets were leaked confidential material from inside the Donald Trump campaign, including its report vetting JD Vance as a vice presidential candidate. So far, each has refused to reveal any details about what they received. Instead, Politico, The New York Times and The Washington Post have written about a potential hack…
LOS ANGELES — It’s Los Angeles’ turn for the torch. Mayor Karen Bass accepted the Olympic flag at the Paris closing ceremony Sunday, before handing it off to a key representative of LA’s local business — tom cruise — who in a pre-recorded trek via motorcycle, plane and parachute kicked off the countdown to 2028….
A Blink Fitness gym is seen on Flatbush Avenue on August 12, 2024 in the Flatbush neighborhood of the Brooklyn borough in New York City. Michael M. Santiago | Getty Images Blink Fitness, a budget-friendly gym chain owned by luxury fitness company Equinox Group, has filed for Chapter 11 bankruptcy protection. The fitness brand, with…
A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Restaurant CEOs have become obsessed with the word “value” in explaining to investors why their sales lagged this quarter while sharing plans to revive traffic in the coming months. On McDonald’s quarterly conference call…
MIAMI — A federal indictment has charged three current and former executives of Smartmatic in a scheme to pay more than $1 million in bribes to put its voting machines in the Philippines, a setback for a company that has been feuding with allies of Donald Trump over unsubstantiated claims that it manipulated the 2020…
NEW YORK– Betty Prashker, a pioneering editor of the 20th century who as one of the first women with the power to acquire books published such classics as Kate Millett’s “Sexual Politics” and Susan Faludi’s “Backlash” and helped oversee the careers of Jean Auel, Dominick Dunne and Erik Larson among others, died July 30 at…
During Kamala Harris’ thrill ride that has upended the 2024 presidential campaign, journalists for the most part have been on the outside looking in. The vice president hasn’t given an interview and has barely engaged with reporters since becoming the Democratic choice to replace Joe Biden. That’s about to change, now that it has become…
The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit on Jan. 15, 2018. Brendan McDermid | Reuters DETROIT — Automakers Stellantis plans to indefinitely lay off up to 2,450 US factory workers later this year as it discontinues production of an older version of its Ram…
Life Time fitness club company said it has created the “ultimate” ball for the booming sport of pickleball. Courtesy: Life Time Tired of playing with pickleballs he found inconsistent in bounce and durability, Life Time‘s founder and CEO Bahram Akradi decided to take matters into his own hands. On Friday, the upscale fitness and lifestyle…
