New Starbucks CEO Brian Niccol outlines priorities to end coffee chain’s slump
Starbucks named Brian Niccol as CEO in August, trusting him to turn around the coffee chain's slumping sales.
SEC charges Keurig Dr Pepper for making inaccurate claims about K-Cups’ recyclability
In Keurig's fiscal second quarter, sales of K-Cup pods and the company's brewing systems accounted for nearly a quarter of the company's revenue.
Federal Reserve unveils toned-down banking regulations in victory for Wall Street
Bank CEOs led by JPMorgan Chase CEO Jamie Dimon have lambasted the proposed Basel Endgame regulation since it was unveiled last year.
Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline
Elliott has pushed for a leadership overhaul at Southwest, which earlier this year made some of the biggest operational changes in its history.
Sales of $10 million homes surge in Palm Beach and New York
The number of homes that sold for $10 million or more in the second quarter jumped 44% in Palm Beach and 16% in New York,...
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.
DirecTV customers will likely miss ‘Monday Night Football’ NFL game as carriage fight with Disney continues
DirecTV's pay TV customers lost access to Disney's networks, including ESPN, last week.
Big Lots files for bankruptcy protection, sells to private equity firm as it promises to keep offering ‘extreme bargains’
Discount home goods retailer Big Lots filed for bankruptcy protection as low-income shoppers slow spending on new furniture and home decor.
Alzheimer’s drug Leqembi promises to give patients more time, but they face a long road to treatment
Leqembi's rollout has been slowed by bottlenecks related to reimbursement uncertainties, diagnostic test requirements and regular brain scans, among others.