Starbucks Coffee shop in Krakow, Poland on February 29, 2024. Beata Zawrzel | Nurphoto | Getty Images Starbucks cafes across the country are starting to change how they make drink orders, among other tweaks designed to reduce bottlenecks and long wait times that have dogged the chain. The overhaul comes …
Photo illustration by Emily Rabbideau – Photos courtesy of House of Love and Gay Water Late last year, 33-year-old Justin Ruka of Orlando met a flight attendant at a gay bar. About a month later, Ruka saw a familiar face coming down the aisle during an Alaska Airlines flight to …
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty Images There’s pricing pressure taking hold of a specific corner of global agriculture — and it’s bittersweet. Prices of cocoa have …
A customer views a digital menu at the drive-thru outside a McDonald’s restaurant in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Fast-food restaurants are caving to consumers’ inflation-weary wallets by returning value pricing to their menus — for a limited time. McDonald’s is offering a $5 value menu this …
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s largest casual dining operation, serving 64 million customers a year in almost 600 locations across 44 states and Canada. Its May 19 bankruptcy filing and closing of almost 100 locations across …
When you make a mistake in this business you can do one of two things: You can cut your losses and move on or you can stand your ground while rethinking where it went wrong. I am on the fence about which one is better, but it’s easy to see …
Starbucks shares plummeted Tuesday evening by roughly 11.5% after the coffee giant delivered a much weaker-than-expected quarter. The company also cut its outlook for fiscal 2024, leaving little room for optimism of a quick rebound in traffic at its stores. Revenue fell 2% year over year to $8.56 billion in …
David Chang photographed at his restaurant Ko in New York, New York on August 26, 2019. Marvin Joseph | The Washington Post | Getty Images David Chang issued a public apology on his podcast amid criticism over his company Momofuku attempting to trademark the term “chili crunch.” Chang, chef and …
Boulder is the No. 2 U.S. city for quality of life, according to U.S. News and World Report. Denistangneyjr | E+ | Getty Images This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has …
Denver Beer Co. Courtesy: Denver Beer Co. This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that have been transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and workers. Alcohol-free beverage options have skyrocketed over the past few years, …
