In a surprising move, Verizon has appointed Dan Schulman as its new CEO, replacing Hans Vestberg who has led since 2018. This leadership change comes as the company navigates a challenging market and integrates with Frontier Communications.
Charlie Javice, convicted of defrauding JPMorgan Chase during the sale of her startup Frank, has been sentenced to over seven years in prison. The scandal involved falsified customer data, leading to a massive financial loss for the bank.
Starbucks has closed at least 11 locations in Colorado as part of a broader strategy to shutter hundreds of stores worldwide. CEO Brian Niccol discusses the impact on partners and the community.
Starbucks is closing over 100 stores and laying off 900 employees, offering severance packages to affected baristas. Find out what this means for the coffee giant's future and its employees.
Berkshire Hathaway has completely divested from BYD, marking a significant shift in the Chinese EV landscape as sales slow and profits dwindle. What does this mean for the future of electric vehicles in China?
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Tesla’s board has unveiled a staggering new compensation plan for Elon Musk, potentially worth $1 trillion by 2035. But with current production challenges, can he deliver the ambitious targets?
Takeshi Niinami, the former CEO of Suntory, resigns following an investigation into a CBD supplement. He asserts his innocence while apologizing for his carelessness in a shocking turn of events.
In a surprising move, Cracker Barrel has reverted to its old logo and removed its Pride and DEI website sections after facing intense criticism from conservative groups. This decision marks a significant shift in the company's branding strategy amid cultural discussions.
In a groundbreaking move, Keurig Dr. Pepper plans to acquire JDE Peet’s in an $18 billion deal, paving the way for the formation of Global Coffee Co., a new powerhouse in the coffee industry. This merger is set to revolutionize the beverage landscape by combining iconic brands and expansive market reach.
