Starbucks Faces Tough Month as Former CEO Howard Schultz Acknowledges Challenges The magnitude of this impact became evident as Starbucks reported its first quarterly sales decline since 2020, coupled with lower-than-expected earnings and same-store sales growth. Continue reading ... 05/15/2024 - 8:08 pm | View Link
Starbucks needs to refocus on coffee, former CEO says Former Starbucks CEO Howard Schultz urged his successors to get back to basics as the company sees falling sales. Schultz said in a LinkedIn post that leaders should focus on spending time in ... 05/6/2024 - 9:03 am | View Link
With 1 Simple Word, Ex-Starbucks CEO Howard Schultz Revealed the Company’s Biggest Problem. It’s a Lesson in Emotional Intelligence The former Starbucks CEO published a LinkedIn post yesterday, calling out the company's poor performance and pointing out how to fix it. Schultz says leaders need to "model both humility and ... 05/6/2024 - 2:16 am | View Link
OpenAI says it plans to halt the use of one of its ChatGPT voices after some users said it sounded like Scarlett Johansson, who famously voiced a fictional, and at the time futuristic, AI assistant in the 2013 film “Her.”
In a post on the social media platform X Monday, OpenAI said it is “working to pause” Sky — the name of one of five voices that ChatGPT users can chose to speak with.
Two top editors at Penguin Random House are leaving as the country’s leading trading publisher continues to transform during a period of uncertain revenues and generational change.
The Knopf Doubleday Publishing Group, a Penguin Random House division, announced Monday the dismissals of Alfred A. Knopf publisher Reagan Arthur and Pantheon/Schocken publisher Lisa Lucas.
NEW YORK — The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down, a departure that follows the release earlier this month of a damning report about the agency’s toxic workplace culture.
The White House said Martin Gruenberg will step down once a successor is appointed and that President Joe Biden will name a replacement “soon.” The announcement came after the top Democrat on the Senate Banking Committee earlier Monday called for Gruenberg’s removal.
Biden expects the FDIC “to reflect the values of decency and integrity and to protect the rights and dignity of all employees,” Deputy Press Secretary Sam Michel said in a statement.
The FDIC is one of several U.
Plans to open a Pete’s Fresh Market grocery store in Tinley Park are being pushed back nearly a year due to issues such as problems procuring electrical equipment.
The village’s Plan Commission recommended the request that occupancy of the store be reset to April 3 of next year.
The Pete’s store is underway at 163rd Street and Harlem Avenue and the company had initially planned to occupy the space by Sept.
Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals in the history of Wall Street, has died at the age of 87.
A representative at the Marianne Boesky Gallery, owned by Ivan Boesky’s daughter, confirmed his death. No other details were given.
The son of a Detroit delicatessen owner, Boesky was once considered one of the richest and most influential risk-takers on Wall Street.
Howard Brown Health plans to close two of its 10 Chicago clinics to address ongoing budget woes, the organization announced Monday.
Howard Brown plans to shutter its Diversey clinic at 2800 N. Sheridan Road on Aug. 31, and its Thresholds South clinic at 734 W. 47th St. on Sept. 30. The organization decided to close the clinics following an expected $6.6 million budget shortfall this fiscal year; because of the departure of the clinics’ sole providers; and because the clinics’ leases are up, according to Howard Brown.
“These closures mark a business decision that will ensure our ability to serve patients with quality care for the next 50 years,” Dr.