Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked…
A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family units were completed in June than in any month in nearly 50 years, according to Zillow Group,…
LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air. The annual “all you can fly” pass, which allows passengers to book one-way and roundtrip flights throughout the year, will be available for the…
As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60% of Americans wrongly think the U.S. is currently in a recession, according to a June survey of 2,000 adults from Affirm. While Goldman Sachs and JP Morgan raised recession forecasts in August, other experts still…
Mediators in talks for a ceasefire agreement between Hamas and Israel are making a last-ditch effort to revive stalled negotiations as the Middle East braces for an Iranian attack on Israel. The high-stakes meeting set to take place on Thursday will have Qatar, Egypt and the United States present a…
Where just hours ago there were thick rows of trees, now stumps protrude and smoke still rises from scorched soil. On one road in Chalandri, a hilltop village above Athens, a family returns to see their house charred, with bedsheets – left on the line to dry in the sun…
Mohammad Abu Al Qumsan quivered and gasped in disbelief. His eyes glazed over before he fell limp in the courtyard of Al Aqsa Martyrs Hospital in central Gaza. “I beg you. I beg you. Let me see them,” he cried out to health officials at the medical facility on Tuesday.…
While it is too early to determine with any certainty what caused a devastating airplane crash in Brazil last week, air disaster experts say the incident bears similarity to a landmark crash 30 years ago that triggered major safety reforms. Friday’s Voepass 2283 flight from Cascavel, near Brazil’s border with Paraguay, to Guarulhos in…
A charity working with homeless people in Auckland, New Zealand unknowingly distributed candies filled with potentially lethal doses of methamphetamine in its food parcels after the sweets were donated by a member of the public. The Auckland City Mission told reporters on Wednesday that staff had started to contact up…
Japanese Prime Minister Fumio Kishida will not run for a second term as leader of the long-ruling Liberal Democratic Party (LDP) next month following a series of political scandals that have fueled calls for him to resign. In a press conference on Wednesday, Kishida said it is necessary to present…