Starbucks, a once-thriving coffee giant, has hit a rough patch in recent years due to a myriad of operational challenges, including issues with mobile orders. As incoming CEO Brian Niccol prepares to take the helm on September 9, he faces a daunting task of turning the struggling company around. With investors and executives pointing fingers
Business
Gilead Sciences recently revealed a disturbing drug-counterfeiting operation that involved the tampering and unauthorized resale of its HIV medications, putting patients at risk. The operation, allegedly orchestrated by Peter Khaim, a known medical fraudster, took place at two pharmacies in New York City – 71st RX and Best Scripts. According to court documents, Khaim was
The recent ruling by a U.S. judge to temporarily block media giants Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu, has sparked a wave of controversy in the industry. The injunction, granted in response to a lawsuit filed by Fubo TV, has raised questions about the potential anticompetitive nature of
The issue of late payments by Byron Allen’s broadcast stations has raised concerns among network owners, leading to frustration and strained relationships. Despite expressing public interest in purchasing various media assets for billions of dollars, Allen Media Group has been consistently late in making payments to networks such as ABC, CBS, and NBC. This has
SpaceX is set to embark on its next private mission, the Polaris Dawn, which marks the first attempt at carrying out a spacewalk by astronauts. The mission, part of billionaire Jared Isaacman’s Polaris Program, is scheduled to launch from Florida on August 26th. This groundbreaking endeavor aims to push the boundaries of private spaceflight and
The collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy in “Deadpool & Wolverine” has set a new milestone in the world of cinema. Surpassing Warner Bros.’ “Joker,” the Disney and Marvel film has become the highest-grossing R-rated title of all time. With over $1.085 billion in global ticket sales, it has proven the audience’s
United Auto Workers President Shawn Fain recently released a video where he openly criticized Stellantis CEO Carlos Tavares, accusing him of price gouging consumers and failing to uphold parts of the union’s labor contract with the automaker. Fain’s comments shed light on the deteriorating relationship between the CEO and the union leader following contentious collective