Tressie Lieberman, the incoming global chief brand officer at Starbucks. Courtesy: Starbucks Starbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer, a newly created position and the latest executive change under Brian Niccol after he left Chipotle and took over as CEO of the coffee chain last month. In Niccol’s first […]
Pavlo Gonchar | Lightrocket | Getty Images More change is coming to Diamond Sports’ regional sports networks. The company said in court papers filed Tuesday that it reached a naming rights deal with Flutter-owned FanDuel, which will rebrand the Bally Sports channels just as the National Hockey League season has started and the National Basketball […]
Introducing the new Patek Philippe Cubitus line. Courtesy: Patek Philippe Storied Swiss watch maker Patek Philippe announced its first new collection in 25 years this week, dubbed the Cubitus line. The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand. Younger investors and collectors began buying up […]
Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. The company’s organic sales in Greater China, its second-largest market, fell 15% in the fiscal first quarter. As home prices drop and jobless rates rise in the country, shoppers have pulled back their spending, hurting P&G’s sales […]
Joaquin Phoenix stars as Arthur Fleck in “Joker: Folie a Deux.” Warner Bros. Warner Bros. took a big swing with “Joker: Folie a Deux.” It’s turned into a big whiff. After the billion-dollar success of “Joker” in 2019 on a shoestring budget of just $55 million, the studio greenlit a sequel, offering director Todd Phillips […]
Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc., in Wichita, Kansas, on Dec. 17, 2019. Nick Oxford | Reuters Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, […]
A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023. Faith Ninivaggi | Reuters Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS […]
Karen S. Lynch speaks during the 2023 Forbes Healthcare Summit at Jazz at Lincoln Center on December 04, 2023, in New York City. Taylor Hill | Getty Images Entertainment | Getty Images CVS Health on Friday named company veteran David Joyner as new CEO, succeeding Karen Lynch who stepped down from the helm of the […]
The logo for Merck is displayed on a screen at the New York Stock Exchange on Nov. 17, 2021. Andrew Kelly | Reuters Merck on Thursday said its experimental treatment designed to protect infants from respiratory syncytial virus showed positive results in a mid- to late-stage trial, bringing the company one step closer to filing […]
DETROIT — General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand’s long-standing segment leadership. The Detroit automaker’s Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for more than 45 years, according to GM. But increased competition from automakers such as Ford […]
