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Howard Schultz Steps Down From Starbucks Board
Business

Howard Schultz Steps Down From Starbucks Board

Schultz had returned to the coffee chain’s C-suite and board last year to help navigate challenges with workers and operations. Source link

Italy Defined Fashion. Then It Got Old.
Business

Italy Defined Fashion. Then It Got Old.

Armani. Prada. Tod’s. Brunello Cucinelli. They have set luxury tastes for decades. As their visionary leaders hit their 70s and 80s, their business model is

We Tested Six Expensive Men's Razors. One Stood Out.
Business

We Tested Six Expensive Men's Razors. One Stood Out.

Is it worth ditching your drugstore razor and splurging on a high-end model? Source link

Roku to Cut 10% of Staff to Rein In Rising Expenses
Business

Roku to Cut 10% of Staff to Rein In Rising Expenses

The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link

Tyson Foods Couldn't Produce Enough Chicken. Now It Has Too Much.
Business

Tyson Foods Couldn't Produce Enough Chicken. Now It Has Too Much.

The company is closing chicken plants after some say it went too far in building up the business, which produces one-fifth of U.S. supply. Source

J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion 
Business

J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion 

The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses. Source link

A Private Phone. Secret Recordings. Inside One CEO's Relationship With a TV Anchor.
Business

A Private Phone. Secret Recordings. Inside One CEO's Relationship With a TV Anchor.

Under Armour’s Kevin Plank shared nonpublic financial details with Stephanie Ruhle, and she gave advice on how to address negative publicity. Source link

This Company Is Nvidia's AI Chip Partner---and Its Stock Is Soaring
Business

This Company Is Nvidia's AI Chip Partner—and Its Stock Is Soaring

SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer.

Big Manufacturers Try Crowdfunding to Market-Test Products
Business

Big Manufacturers Try Crowdfunding to Market-Test Products

GE Appliances and others seek customer feedback and payment in advance to help validate a concept. Source link