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Incoming Starbucks CEO Brian Niccol may target mobile app

Mobile order and Uber Eats and Doordash delivery pick up area at Starbucks coffee shop, Queens, New York.  Lindsey Nicholson | UCG | Universal Images Group | Getty Images It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered and overwhelmed baristas trying […]

Alaska Airlines flight attendants reject new contract

An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024.  David Ryder | Bloomberg | Getty Images Alaska Airlines flight attendants rejected a new labor deal that would have come with immediate raises averaging more than 24%, their union said Wednesday, setting […]

Lockheed Martin to take Terran Orbital private in $450 million deal

Terran Orbital’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Lockheed Martin is buying Terran Orbital, the company announced Thursday, with the defense giant reaching a deal to take the struggling spacecraft manufacturer private. The agreement will see Lockheed acquire Terran at an enterprise valuation of nearly $450 million, below […]

Chili’s sales boosted by TikTok, fast food rivalry

An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili’s same-store sales climb nearly 15% in its latest quarter. But Kevin Hochman, CEO of parent company Brinker International, told CNBC that the chain’s strong performance is just a sign that customers are finally catching onto the chain’s two-year turnaround. Shares of Brinker have […]

Gilead alleges drug counterfeiting operation at NYC pharmacies

Gilead HIV prescription bottles seized at Best Scripts pharmacy. Courtesy: Gilead Sciences Gilead Sciences says it uncovered a dangerous drug-counterfeiting operation in which its HIV medications were tampered with and improperly resold before reaching patients. The scheme, allegedly run out of two New York City pharmacies, identified Peter Khaim, a twice-convicted medical fraudster, as the […]

The rising trend in nonalcoholic drinks is functionality

Mimi Lam, co-founder and chief executive officer of Superette, arranges cannabis-infused beverages at the Superette Sip ‘N’ Smoke cannabis dispensary in Toronto, Ontario, Canada, on Monday, Oct. 25, 2021.  Della Robbins | Bloomberg | Getty Images More Americans are looking for alcohol alternatives, and beverage makers that tout the health benefits of their drinks are […]

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