In a significant shift, Starbucks has agreed to sell a substantial portion of its Chinese business to Boyu Capital for a ...

The US coffee giant is selling control of its mainland retail operations to Boyu Capital in a $4 bln deal, even though it ...

In 2017, McDonald's sold a majority stake in its China and Hong Kong business to state-backed conglomerate CITIC Ltd and ...

Brian Niccol took over as Starbucks' CEO in August 2024, as the coffee chain struggled with weak demand for its pricey lattes ...

Younger drinkers love their coffee icy, sweet, and made for a drive-through selfie. One upstart chain is capitalizing on that ...

Read about the 3 critical challenges facing U.S. consumers. Investors must consider whether the market's strength can persist ...

This year marked a full-fledged re-rating for the shipbuilding industry. Following the dominance in LNG carrier orders, ...

Southwest Airlines started offering free in-flight Wi-Fi this week on all flights for members of its Rapid Rewards loyalty ...

The commercial airline industry has very thin profit margins, but airline CEOs in the US take home a hefty salary.

Starbucks dropped its holiday menu for 2025, and there will be a lot of fan-favorite items returning to the menu. Starting Nov. 6, the coffee chain will bring back the the Peppermint Mocha, Caramel ...

Starbucks is closing three of its 29 locations in Spokane and its popular Ritzville coffee shop just off Interstate 90. The local closures and many more across Washington come as company CEO Brian ...

Nothing epitomizes Christmas like eggnog, peppermint and gingerbread-flavored items, something Starbucks knows all too well. Starbucks is bringing back its holiday menu and the ever-popular Red Cup ...