Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his former employer Taco Bell while dividing key leadership roles. “As we focus on our ‘Back to Starbucks’ plan, we need a new operating model for our retail team,…
More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act, the Social Security Administration said in an update on its…
The Department of Education said Tuesday that the pause on federal grants and loans will not affect student loans or financial aid for college. The freeze, which could affect billions of dollars in aid, noted an exception for Social Security and Medicare. The pause “does not include assistance provided directly to individuals,” according…
Frontier Airlines said Wednesday it has again proposed merging with struggling rival Spirit Airlines, which is in bankruptcy. Frontier and Spirit first announced a deal to merge in 2022, but a JetBlue Airways offer derailed that plan. JetBlue’s proposed acquisition of Spirit was blocked by a federal judge last year, and Spirit filed for bankruptcy protection in November. Frontier said in…
Starbucks is expected to report its quarterly earnings on Tuesday, kicking off several weeks of reports from restaurant companies as investors anticipate improving demand for dining out. A handful of restaurants released preliminary results earlier in January ahead of presentations at the annual ICR Conference in Orlando. For many, like Red Robin and Noodles & Company,…
US President Donald Trump has doubled down on his proposal to “clean out” Gaza by removing Palestinians living there to Jordan and Egypt, a plan which has appalled some allies but has been quickly embraced by Israel’s far right. Having first floated the idea Saturday, Trump warmed to his theme…
When Google announced it was complying with US President Donald Trump’s executive order to rename the Gulf of Mexico to the Gulf of America, many Mexicans responded with a laugh and a long, exhausted sigh. At her daily press briefing on Tuesday, Mexican President Claudia Sheinbaum largely shrugged off Google’s…
Rome prosecutors have opened an investigation against Prime Minister Giorgia Meloni and two government ministers for repatriating a Libyan warlord wanted by the International Criminal Court in the Hague, the Italian premier announced on Tuesday. Meloni revealed the investigation over allegedly aiding and abetting Ossama Anjiem, also known as Ossama…
A rebel alliance claimed the capture of the biggest city in the Democratic Republic of Congo’s mineral-rich eastern region this week, pushing back against resistance from government troops backed by regional and UN intervention forces. The takeover of Goma is yet another territorial gain for the Alliance Fleuve Congo (AFC)…
A crowd crush has injured several people at the world’s largest religious festival in India, organizers reported Wednesday. The crush at the Maha Kumbh Mela in the city of Prayagraj occurred after a barrier broke, according to Akanksha Rana, special executive officer for the festival. “Several people are injured and…