Starbucks new CEO Laxman Narasimhan takes his seat
Starbucks officially has a new CEO. The Seattle coffee giant said today that Laxman Narasimhan has assumed the role of CEO and joined the company’s…
Starbucks officially has a new CEO. The Seattle coffee giant said today that Laxman Narasimhan has assumed the role of CEO and joined the company’s…
Chinese leader Xi Jinping arrived in Moscow today on a three-day visit that shows off Beijing’s new diplomatic swagger and offers a welcome political lift…
GENEVA — Shares of Credit Suisse plunged 60.5% in early trading today after the announcement that banking giant UBS would buy its troubled rival for…
SEATTLE — Shawn Lee, a high school social studies teacher in Seattle, wants to see lessons on the internet akin to a kind of 21st…
NEW YORK — Suddenly, bonds are again living up to their reputation as the safe part of an investor’s portfolio. As stocks sank worldwide over…
WASHINGTON — The government’s response to the failure of two large banks has already involved hundreds of billions of dollars. So will ordinary Americans end…
DETROIT — Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric…
Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and…
WASHINGTON — A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that…
GENEVA — Credit Suisse’s shares soared 30% today after it announced it will move to shore up its finances by borrowing up to nearly $54…