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Skyrocketing Olive Oil Prices Trigger Cooking Oil Theft Epidemic
Skyrocketing Olive Oil Prices Spark a Cooking Oil Theft Epidemic: A Crisis in the Kitchen In recent months, the culinary world has been shaken by an unexpected crisis - a cooking oil theft epidemic. The skyrocketing prices of...
Federal Reserve Hits the Brakes on Rate Hikes as Inflation Takes a Breather
Federal Reserve's Prudent Pause: Inflationary Respite Prompts a Cautious Approach to Rate Hikes In a significant shift of monetary policy, the Federal Reserve has decided to hit the brakes on its aggressive rate hikes as inflationary pressures ease....
Starbucks Faces Lawsuit Over Missing Fruit in Refresher Drinks
Starbucks Faces Legal Battle as Customers Demand Fruit in Refreshers: A Deeper Look into the Missing Ingredient Controversy In a surprising turn of events, global coffee giant Starbucks finds itself embroiled in a legal battle over the absence...
Howard Schultz, former Starbucks CEO, steps down from company’s board
Schultz announced he is stepping down from Starbucks’ board of directorseffective, June 26. Schultz, 64, is recognized as having turned Starbucks into a global coffee powerhouse. He stepped down as CEO in April 2017 and has served as...
Inflation is driving up consumer credit card debt by billions of dollars
, and it is becoming increasingly difficult for consumers to manage. Rising prices mean consumers need more money to cover their expenses, so they are turning to credit cards to bridge the gap. Unfortunately, this can create a...
Square outage costs small-business owners thousands in lost revenue
The impact of the recent Google Cloud Platform (GCP) Service outage can be devastating for small businesses, from lost sales and reduced productivity to wasted employee time and even data loss. While it's hard to quantify the exact...
Mortgage demand falls to 27-year low despite drop in interest rates
Mortgage demand fell to its lowest point since 1992, despite a decrease in interest rates caused by the coronavirus pandemic. As the economic fallout from the virus leaves many Americans without jobs, mortgage applications decreased by a seasonally...
Walgreens CEO Roz Brewer steps down after more than two years in the role
Walgreens Boots Alliance announced on Monday, April 5th, 2021, that CEO Roz Brewer has stepped down after more than two years in the role. Walgreens board of directors Chairman Stefano Pessina will serve as executive chairman and acting...
Autumn arrives earlier than ever for Starbucks and others with pumpkin menu items
With COVID-19 upending normal operating procedures for many companies, Starbucks is introducing its pumpkin lineup, including drinks and food, earlier than ever to meet customer demand. Despite the pandemic making the summer months feel like an eternity due...
CNN names former New York Times CEO Mark Thompson as its chief
CNN has appointed Mark Thompson, the former CEO of The New York Times, as its new president and chief executive officer. Thompson, who served as the CEO of the newspaper from 2012 to 2020, has over 30 years...
