Starbucks released its third-quarter numbers earlier this month, for the period ended July 3; sales rose by a modest 9% year over year to $8.2 billion. What's particularly telling is that global comparable-store sales rose 3%, and that was mainly due to a higher average ticket (which was up 6% while comparable transactions declined by 3%). Starbucks has raised its prices multiple times since October due to rising inflation.
Boeing's credit rating was under pressure for the second time this week as S&P revised its rating outlook on Thursday after a mid-air blowout of a cabin panel in January prompted the planemaker to slow production of its best-selling jets. The rating agency changed its outlook on the company to "negative" from "stable" to reflect an increased potential for Boeing to face further delays in expected recovery of its cash flow and credit ratios.
Unveiling the Financial Dynamics and Strategic Movements
Insights into Gorman-Rupp's Financial Performance and Strategic Positioning
Police say a 17-year-old has been arrested on a murder warrant after fatally shooting a schoolmate on the campus of an Arlington, Texas, high school. The slain student was identified as 18-year-old Etavian Barnes by the Tarrant County Medical Examiner's Office. Barnes was found unresponsive with multiple gunshot wounds Wednesday afternoon outside portable buildings on the campus of Bowie High School, according to Arlington Police Chief Al Jones.
Newey, the man behind Max Verstappen’s current domination of F1, has been at Red Bull since 2006
Former deputy Andrew Buen has pleaded not guilty to charges of murder, misconduct and reckless endangerment in the June 2022 killing of motorist Christian Glass, 22, who was shot dead in his vehicle after calling 911 for help
Unions have warned of a bitter fight ahead, saying their plans to avert thousands of job losses at Tata Steel have been rejected by the company.
New York court says Hollywood mogul, who remains in prison on other charges, did not receive a fair trial.
Exclusive: Three months after being suspended over a Holocaust Memorial Day post suggesting the Israeli action in Gaza is genocide, Kate Osamor will be welcomed back into the Labour fold
Cavalry horses Vida and Quaker ran loose in the road near Aldwych, central London
"I'm trying to understand what the disincentive is from turning the Oval Office into the seat of criminal activity in this country," Supreme Court Justice Ketanji Brown Jackson said.
Scottish first minister says scrapping power-sharing deal ‘marks a new beginning for the SNP government’
It's long been known that exposure to agricultural pesticides can greatly raise a person's odds for Parkinson's disease. New genetics research now reveals those who might be most vulnerable.
NEW YORK (AP) — The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. In a 2023 complaint, the FTC accused the doorbell camera and home security provider of allowing its employees and contractors to access customers' private videos. Ring allegedly used such footage to train algorithms without consent, among other purposes. Ring was
Asylum seekers are pouring into Ireland because they have been put off the UK by the Rwanda policy, Ireland’s deputy prime minister has said.
Eddie Marsan, Hayley Atwell and Jonathan Bailey have signed on to season three of Netflix's hit series, Hearstopper, which is set to premiere in October 2024.
‘She’s very nice,’ Machine Gun Kelly says about Taylor Swift
Ex-nurse has asked appeal court for green light to challenge convictions for murder and attempted murder of babies
TORONTO — When the head of Microsoft Canada needed to write a letter of interest as part of an application to join a not-for-profit board, he decided to put the tech giant's software to the test. Chris Barry commanded Copilot, the firm's generative artificial intelligence service, to craft a five-paragraph missive based on his LinkedIn profile that was so good he only had to remove one word before sending it. "I omitted one adjective that was a little over the top, a little too much, not quite m
Republican China hardliners Marco Rubio and Elise Stefanik are calling on the Biden administration to block all sales to Huawei after the sanctioned Chinese tech company released a new laptop powered by an Intel AI processor chip. The release of Huawei's first AI-enabled laptop, the MateBook X Pro powered by Intel's new Core Ultra 9 processor last week, drew fire from Republican lawmakers, who said it suggests that the Commerce Department had given the green light to Intel to sell the chip to Huawei.
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