Starbucks CEO Unveils 900 Job Cuts, Store Closures in Turnaround Push To Win Back Customers
Starbucks revealed that its Board has approved a restructuring plan under its "Back to Starbucks" strategy, which includes the closure of some coffeehouses that lack a clear path to meeting brand standards or achieving financial performance.
Initial Jobless Claims: On The Road Again . . .
Here is what to look for in initial and continuing jobless claims...
Apple Inc.: Momentum Near 52‑Week High As Analysts Remain Bullish
Apple Inc. is approaching a 52-week high with strong technical momentum, favorable analyst sentiment, and solid fundamentals, though near-term upside may be limited according to analyst targets.
Real Second-Quarter GDP Revised Higher To 3.8 Percent
The BEA revised second-quarter GDP from 3.3 percent to 3.8 percent. The Fed is going to have its hands full with higher prices and a weakening jobs market.
