Business
October 30, 2024
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Starbucks will stop charging extra for dairy alternatives

Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from customers to eliminate the extra fee, especially as milk alternatives […]

Business
October 29, 2024
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Chipotle misses revenue estimates as same-store sales growth disappoints

A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024. Angus Mordant | Bloomberg | Getty Images Chipotle Mexican Grill on Tuesday reported mixed quarterly results despite another quarter of higher traffic to its restaurants.  Shares of the company fell 3% in extended trading. Here’s what […]

Business
October 22, 2024
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'Swicy' items take over restaurant menus as Gen Z seeks heat

A general view of atmosphere during ‘Sonic Desert’ presented by Coca-Cola Spiced and Topo Chico in partnership with BPM Music on April 13, 2024 in Thermal, California.  Randy Shropshire | Getty Images The hottest food and drink trend this year isn’t just spicy — it’s also sweet. “Swicy,” a portmanteau of sweet and spicy, has […]

Business
October 18, 2024
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Starbucks taps former Chipotle executive as global chief brand officer

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 […]

Health
October 10, 2024
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Former Pfizer CEO, finance chief step back from Starboard's activist campaign

Ian Read, chairman and chief executive officer of Pfizer, speaks as President Donald Trump, left, listens during an announcement on a new pharmaceutical glass packaging initiative in the Roosevelt Room of the White House in Washington, D.C., July 20, 2017.  Andrew Harrer | Bloomberg | Getty Images Former Pfizer CEO Ian Read and ex-CFO Frank […]