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☆ We need to talk about whatever's happening with Starbucks' drinks
▼ + stars: | 2024-05-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Whatever is happening on the Starbucks menu right now is making me feel like I'm a senior citizen. AdvertisementThe rise of complicated, multi-ingredient sweet drinks has coincided with the rise in popularity of the Starbucks app, accelerated by the start of the pandemic in 2020 when many locations couldn't take walk-in orders. I tried the newer Starbucks drinks myselfMy Oleato Golden Foam Iced Shaken Espresso with Toffeenut drink, which was 360 calories and tasted like coffee ice cream. Katie Notopoulos / Business InsiderI acknowledge I'm a bit of a crank when I say: The Starbucks menu is out of control. (I should note here that my grande iced drink was 360 calories, which does seem like a dessert treat rather than a morning coffee.

Persons: —, anyone's, It's, lattes, chino, Lindsey Wasson, Katie Notopoulos, slurped Organizations: Service, Business, AP Locations: TikTok, chino

☆ Boeing Shares Lift Dow Industrials, With Inflation Data Looming
▼ + stars: | 2023-11-14 | by ( Sam Goldfarb | ) www.wsj.com time to read: 1 min

Boeing’s stock rose 4% after the company received an order for 95 aircraft. Photo: Lindsey Wasson/REUTERSA large order for jets helped boost Boeing shares Monday in an otherwise quiet day for U.S. markets ahead of key inflation data. Given a lift by Boeing, the Dow Jones Industrial Average rose 0.2%, or roughly 55 points. The S&P 500 slipped 0.1%, while the tech-heavy Nasdaq Composite fell 0.2%.

Persons: Lindsey Wasson Organizations: REUTERS, Boeing, Dow Jones, Nasdaq

☆ Boeing sets sights on annual airplane delivery target after slow October
▼ + stars: | 2023-11-14 | by ( Valerie Insinna | ) www.reuters.com time to read: +2 min

[1/2] An aerial view of several Boeing 737 MAX airplanes parked at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022. Delivery numbers are typically largest in the final months of the year as planemakers race to meet annual goals. Boeing slowed 737 deliveries in August after the discovery of a supplier defect involving misdrilled holes on some aircrafts' aft pressure bulkhead. Boeing booked 123 gross orders last month, bolstered by a deal with Southwest Airlines (LUV.N) for 111 MAXs. Boeing's gross orders since the start of January rose to 971, or 841 net orders after factoring in cancellations and conversions and 1,066 net orders after accounting adjustments.

Persons: Lindsey Wasson, Dave Calhoun, Argentinas, Valerie Insinna, Stephen Coates Organizations: Boeing, King County International Airport, Boeing Field, REUTERS, Rights, planemaker, Airbus, U.S . Navy, Southwest Airlines, Thomson Locations: Seattle , Washington, U.S

☆ Boeing assessing Lockbit hacking gang threat of sensitive data leak
▼ + stars: | 2023-10-27 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +2 min

The hacking group posted a countdown clock on its data leak website with a message saying, "Sensitive data was exfiltrated and ready to be published if Boeing do not contact within the deadline!" "For now we will not send lists or samples to protect the company BUT we will not keep it like that until the deadline," the hacking group said. The hacking group typically deploys ransomware on a victim organization's system to lock it up and also steals sensitive data for extortion. Lockbit was the most active global ransomware group last year based on the number of victims it claimed on its data leak blog, according to the U.S. Cybersecurity and Infrastructure Security Agency (CISA). The hacking gang also did not immediately respond to a request for comment sent on an address it mentioned on its data leak site.

Persons: Lindsey Wasson, Lockbit, CISA, Zeba Siddiqui, Leslie Adler Organizations: Boeing KC, Pegasus, U.S . Air Force, REUTERS, Rights, Boeing, Boeing Co, Cybersecurity, Infrastructure Security Agency, Thomson Locations: Everett , Washington , U.S, ”, San Francisco

☆ Boeing struggles to steer defense unit in another year of losses
▼ + stars: | 2023-10-27 | by ( Valerie Insinna | ) www.reuters.com time to read: +5 min

The Boeing KC-46 Pegasus aerial refueling tanker is seen before a delivery celebration to the U.S. Air Force in Everett, Washington, U.S., January 24, 2019. Despite absorbing $4.4 billion in losses in 2022 – which executives said would lower the risk of future cost overruns – the unit has seen little improvement this year. Excluding last year, losses on Boeing's defense programs in 2023 exceed those from all years since 2014, according to a Reuters review of Boeing’s regulatory filings. The latest charge for Air Force One brought total losses to $2.4 billion on a $3.9 billion contract to develop two planes. A better bet, and one Boeing's defense segment is aggressively pursuing, is inking future contracts for next-generation fighter jets and cutting-edge drones.

Persons: Lindsey Wasson, Lockheed Martin, Brian West, Byron Callan, ”, Seth Seifman, JP Morgan, “, NASA's, West, there's “, Richard Aboulafia, ” Aboulafia, Valerie Insinna, Rod Nickel Organizations: Boeing KC, Pegasus, U.S . Air Force, REUTERS, Rights, Air Force, Boeing, Lockheed, General Dynamics, Capital Alpha Partners, U.S . Defense Department, NASA, BDS, Boeing Defense Space, U.S . Air Force's KC, KC, Thomson Locations: Everett , Washington , U.S, Ukraine

A logo of the Amazon fulfillment is seen outside the Amazon fulfillment center in Kent, Washington, U.S., October 24, 2018. Same-day delivery is now offered in at least 90 cities, free for Prime members while non-members pay $9.99. The retailer invested heavily in 2020 and 2021 in logistics to make same-day delivery, which it introduced in 2015, available in more places. Amazon packs its same-day delivery centers with its top 100,000 products. By comparison, analysts forecast Walmart will show a 1% decline in e-commerce revenue for the third quarter when it reports in November.

Persons: Lindsey Wasson, Arun Sundaram, Sarah Mathew, Mathew said, Mari Shor, Sundaram, Scott Devitt, Group's, Devitt, Arriana McLymore, Cynthia Osterman Organizations: REUTERS, Amazon, Reuters, Columbia Threadneedle, Walmart, Thomson Locations: Kent , Washington , U.S, Temu, New York

☆ Exclusive: Boeing sets record 737 production goal for July 2025 -sources
▼ + stars: | 2023-10-03 | by ( Valerie Insinna | ) www.reuters.com time to read: +3 min

[1/2] An aerial view of a Boeing 737 MAX 10 airplane parked at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022. The schedule targets 737 production to reach 42 jets a month by December 2023, affirming statements made by Boeing Commercial Airplanes head Stan Deal to Bloomberg TV in June. An earlier version of the plan, which Reuters reported in April, had seen 52 jets per month production a month later, in January 2025. Before the 2019 grounding of the 737 MAX, Boeing was producing 52 737s a month on its way to a target of 57. Boeing's formal 737 production target is 50 per month for the 2025-2026 timeframe, unveiled by the company last November during an investor day.

Persons: Lindsey Wasson, Stan Deal, Dave Calhoun, MAXs, Calhoun, Valerie Insinna, Peter Henderson, Jamie Freed Organizations: Boeing, King County International Airport, Boeing Field, REUTERS, Rights, Airbus, planemaker, Boeing Commercial Airplanes, Bloomberg TV, Reuters, Air India, Thomson Locations: Seattle , Washington, U.S

"I'm very, very lucky because I wouldn't have had the courage to go and do that acquisition, but I give all the credit in the world to Dave Clark," Petersen said. "There's a perfect complement of skill sets," Petersen told Forbes in June 2022. Petersen told Clark he should engage with Shopify's team, according to a person with direct knowledge of the negotiations. Clark, Petersen and Wagers met in Texas in mid-August to fine-tune the forecasts. Flexport told CNBC that an employee's politics are not relevant in personnel decisions.

Persons: Dave Clark, Ryan Petersen, he'd, Petersen, Clark, excoriated Clark, we've, Clark wasn't, Jeff Bezos, It's, Flexport, Clark overspent, Flexport's, He'd, Sanne Manders, Dave, Shopify, Tobias Lutke, Lutke, Shopify's, glanced, didn't, Fund's Trae Stephens, Michael Ronen, SoftBank, Andreessen Horowitz, Bob Swan, Samyukta Lakshmi, Kenny, Stuart Leung, pare, Leung, —, Lindsey Wasson, Clark's, Stephens, Peter Thiel, Trump's, Petersen's, Sen, Joe Manchin, Chris Ferro, Ferro, Parisa Sadrzadeh, couldn't, Amazon, Sadrzadeh, Burak Yolga, Yolga, Nelly Organizations: North, Amazon, Twitter, CNBC, UPS, FedEx, Milken Institute Global Conference, Bloomberg, Getty, Forbes, Deliverr, Shopify's, Anduril Industries, Intel, Intel Corp, U.S ., Clark, Republican, Founders Fund, Democratic, Street Journal, Flexport Locations: Phoenix, Silicon, Clark, Beverly Hills , California, U.S, Flexport, Deliverr, Miami, Flexport's Bellevue , Washington, Bengaluru, India, Flexport's, Asia, U.S . West Coast, Texas, Ohio, Arizona, Thiel's, West Virginia, Seattle, integrations

☆ See inside Starbucks' quest for 'the cup of the future'
▼ + stars: | 2023-09-15 | by ( Peter Prengaman | Associated Press | ) www.businessinsider.com time to read: +14 min

Just as noteworthy as what they're carrying is what they are not: the disposable Starbucks cup, an icon in a world where the word is overused. ASU implemented a "borrow and return" plan that has users dump reusable cups in a bin outside the store. AP Photo/Ross D. FranklinNow, in an era where concern for sustainability can be good business, the Starbucks disposable cup may be on its way to extinction thanks to an unlikely force: Starbucks itself. Currently, ASU students can bring their own reusable cups or are given a reusable cup to wash and return. Since the reintroduction of reusable cups in some stores in July 2021 — reusable cups were not used during much of the COVID-19 pandemic — only 1.2% of worldwide sales in fiscal year 2022 came from reusables.

Persons: — Bethany Patton, Patton, Ross D, Franklin, that's, Michael Kobori, Lindsey Wasson, Erin Simon, Simon, Jon Solorzano, Solorzano, Irene Linayao, Aria, Tyler Eglen, Jane Tsilas, Walker, Kyle Walker, Franklin Valencia Villanueva, it's Organizations: Starbucks, Service, ASU, AP, Arizona State University ., Wildlife Fund, Arizona State, Starbucks —, Franklin Locations: TEMPE, Ariz, United States, Los Angeles, Europe, Germany, San Francisco, San Diego, Seattle, Arizona, reusables, Villanueva

REUTERS/Lindsey Wasson/File Acquire Licensing Rights Read moreLOS ANGELES, Sept 6 (Reuters) - Former Amazon executive Dave Clark on Wednesday announced that he will resign as CEO of U.S. logistics startup Flexport about a year after he joined the company. The Wall Street Journal reported that Clark is preparing for a potential run for Texas governor, a topic he did not address in his statement. Clark joined the company as co-CEO in September 2022 after a long career at Amazon.com (AMZN.O). He became sole CEO in March, when founder Ryan Petersen became executive chairman. Clark, best known for building Amazon's sprawling warehouse and delivery network, said he was preparing to launch a Flexport product for small businesses on Thursday.

Persons: Dave Clark, Amazon's, Lindsey Wasson, Clark, Ryan Petersen, Petersen, Flexport, Lisa Baertlein, Bill Berkrot, Cynthia Osterman Organizations: REUTERS, Amazon, Wednesday, Street Journal, Texas, Twitter, Shopify Logistics, Thomson Locations: Seattle , Washington , U.S, ANGELES, Flexport, Los Angeles

Boeing 777X and Boeing 737 MAX 10 airplanes are seen parked in an aerial view at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022. REUTERS/Lindsey Wasson/File Photo Acquire Licensing RightsAug 24 (Reuters) - Boeing shares (BA.N) fell 2% before the bell on Thursday after the U.S. planemaker warned of delays in near-term deliveries of 737 MAX jets due to a fresh quality issue involving its biggest supplier Spirit AeroSystems (SPR.N). The latest quality issue is due to improperly shaped holes in the aft pressure bulkhead of some planes. The parts in question were made by Spirit, whose shares were down 6.4% in premarket trading on Thursday. But not all 737 fuselages will be impacted as Spirit uses multiple suppliers for the aft pressure bulkhead.

Persons: Lindsey Wasson, planemaker, Jason Gursky, Boeing's, Abhijith, Arun Koyyur Organizations: Boeing, King County International Airport, Boeing Field, REUTERS, U.S, Citi, Airbus, Thomson Locations: Seattle , Washington, U.S, Bengaluru

☆ Recent updates for Amazon return to office policies
▼ + stars: | 2023-08-23 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

Previous pronouncements about the revolutionary benefits of remote work have been replaced by vague, data-light arguments on productivity gains from being in the office. Apple, Meta, Bloomberg and Google all have gleaming HQs that would look very silly if those companies continued to embrace remote work. Insider has asked Amazon for comment on its RTO policy several times in recent months and the company has responded. AdvertisementAdvertisementAn internal guideline, obtained by Insider, listed Amazon office locations and the dates they are expected to be fully "ready" to support the RTO mandate. That's what some Amazon employees have done by mocking the company's RTO policy and its famous leadership principles.

Persons: Brad Glasser, there's, we've, Amazon's, LINDSEY WASSON, Andy Jassy, Slack, Beth Galetti, Al Drago, Paul Vixie, Andy Jassy's, Mike Hopkins, Hopkins, Elaine Thompson, snafu, they'd Organizations: Amazon, Tech, Meta, Bloomberg, Google, Seattle, Reuters, Amazon SVP, Human, Services, Company, Amazon Video Locations: Seattle, Seattle , Washington , U.S, Beth Galetti REUTERS, Seattle , New York, Houston, Austin , Texas

Shares of the company rose 7% to hit a 1-1/2 year high after Boeing also posted second-quarter results above Wall Street expectations. The planemaker is now transitioning its 737 production line - including the MAX models that make up the vast majority of 737 production - to building 38 jets per month, up from 31, the company said. Calhoun later added the company is already in "prep mode" to raise monthly 737 production to 42, but wouldn't specify whether Boeing would do so in 2023, as Boeing Commercial Airplanes head Stan Deal said told Bloomberg TV in June. 'ENCOURAGING' RESULTS AMID CHALLENGESA photo of Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Boeing expects to deliver most of the 228 MAXs in its inventory by the end of 2024, making it critical that Boeing step up production.

Persons: there'll, Dave Calhoun, Calhoun, Stan Deal, Brian West, Lindsey Wasson, Peter McNally, Refinitiv, Valerie Insinna, Abhijith Ganapavaram, Anil D'Silva, Nick Zieminski Organizations: Boeing, Boeing Commercial Airplanes, Bloomberg TV, Boeing Factory, REUTERS, Commercial Aerospace, Thomson Locations: Renton , Washington , U.S, West

☆ Truth Behind Tech Industry's Fake Work Problem: Bad Managers, Bosses
▼ + stars: | 2023-07-10 | by ( Hugh Langley | Grace Kay | ) www.businessinsider.com time to read: +19 min

The tech employees spoke with us on the condition of anonymity to avoid professional reprisal. There's only one real culprit for the culture of "fake work," he said. The latest version of fake work emerged as part of the tech industry's pandemic-driven boom and bust. "I think COVID was an accelerator for fake work because a lot of these tech companies hired. As for Graham, he's since moved to another tech company, where he said he felt his contributions were more valued.

Persons: Graham, wouldn't, Keith Rabois, Rabois, Brit Levy, Scott Latham, University of Massachusetts Lowell, Brent Peterson, Gaylan Nielson, Rich Moran, " Moran, Melina Mara, he'd, Moran, Anna Tavis, Stewart Butterfield, Bloomberg's, LINDSEY WASSON, it's, Salesforce, What's, Mark Zuckerberg, Sundar Pichai, Zuckerberg, Brad Glasser, Meta, Greg Selker, Stanton Chase, Jessica Kennedy, Kennedy, NYU's Tavis, Hugh Langley, Grace Kay Organizations: Amazon, Alexa, Big Tech, Google, University of Massachusetts, Washington, Getty, Meta, Microsoft, overhiring, New York University's School, Professional Studies, Slack, Command, Bloomberg, Vanderbilt University, Companies Locations: New, Salesforce, he's

☆ Pacific Northwest Hit by Record-Setting Heat
▼ + stars: | 2023-05-15 | by ( Ginger Adams Otis | ) www.wsj.com time to read: 1 min

People sunbathing at Lake Union Park in Seattle on Saturday. Photo: Lindsey Wasson/Associated PressRecord-breaking heat blanketed the Pacific Northwest over the weekend, with Seattle and Portland, Ore., clocking temperatures more than 20 degrees higher than usual. The unseasonable weather prompted heat advisories through Monday evening for more than 12 million people from Northern California to western Oregon and Washington—areas where many people don’t have air conditioning.

☆ Assault-Weapons Bans Gain Momentum in Democratic-Controlled States
▼ + stars: | 2023-05-14 | by ( Zusha Elinson | ) www.wsj.com time to read: 1 min

Washington Gov. Jay Inslee signed a state assault-weapons ban into law last month. Photo: Lindsey Wasson/Associated PressDemocrat Jay Inslee was voted out of Congress in 1994 after he voted in favor of the federal assault-weapons ban, marking the beginning of a long period during which prohibitions on any type of guns were considered to be a third-rail of American electoral politics. Last month, Mr. Inslee, who is now the governor of Washington, signed into law a state assault-weapons ban, illustrating a shift on the issue in Democratic-controlled states following a string of mass shootings—including one earlier this month in a Texas mall.

REUTERS/Lindsey WassonLONDON, April 20 (Reuters) - People all over the world lost confidence in the importance of routine childhood vaccines against killer diseases like measles and polio during the COVID-19 pandemic, according to a new report from UNICEF. In 52 of the 55 countries surveyed, the public perception of vaccines for children declined between 2019 and 2021, the UN agency said. The picture on vaccine confidence varied globally, according to the UNICEF report, its flagship annual State of the World's Children. The report stressed that vaccine confidence can easily shift and the results may not indicate a long-term trend. The data was collected by the Vaccine Confidence Project at the London School of Hygiene and Tropical Medicine.

[1/2] People stand in front of a welcome sign at a security checkpoint at Seattle-Tacoma International Airport in SeaTac, Washington, U.S. April 12, 2021. The residents asked for an order forcing the Port of Seattle, Alaska Airlines and Delta Airlines to establish a fund for medical monitoring to help screen for diseases. A representative for the Port of Seattle said the airport and its tenants follow strict federal, state and local requirements that address environmental issues like air quality and noise. The Seattle-Tacoma airport is located south of the city of Seattle, and is the primary commercial air hub for the region. The case is Codoni v. Port of Seattle, Superior Court of the State of Washington in and for the County of King, No.

☆ IOC stance on Russians, Belarusians 'painful', says Wlodarczyk
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +2 min

Bronze medalist Malwina Kopron of Poland watches gold medalist Anita Wlodarczyk of Poland celebrate on the podium REUTERS/Lindsey Wasson/File PhotoApril 3 (Reuters) - The International Olympic Committee's (IOC) recommendation to let Russian and Belarusian athletes return to international competition is painful, three-times hammer throw champion Anita Wlodarczyk said on Monday, hoping the decision would change. The IOC sanctioned Russia and Belarus after Moscow's invasion of Ukraine in February 2022 but recommended last week that their athletes compete internationally as neutrals. It should be a top-down message that athletes from both countries should not compete," added the 37-year-old Wlodarczyk. "I will still stand by my decision that they should be excluded (from all international competitions)," Wlodarczyk said. "I hope that this decision will change in the coming months and that the Russians and Belarusians will not be allowed in."

☆ US factory orders fall as civilian aircraft demand dives
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +3 min

The report from the Commerce Department on Monday also showed shipments of manufactured goods rebounding after two-straight monthly declines, while inventories were unchanged. The drop in factory orders in January mostly reflected a 13.3% decline in transportation equipment, which followed a 15.8% jump in December. Transportation equipment orders were weighed down by a 54.5% tumble in orders for civilian aircraft. Motor vehicle orders increased 1.3%. Shipments of manufactured goods increased 0.7%, the biggest gain since August, after falling 0.6% in December.

☆ US factory orders fall in January on civilian aircraft demand
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +2 min

The Commerce Department said on Monday that factory orders dropped 1.6% after increasing 1.7% in December. Orders increased 4.3% on a year-on-year basis in January. The drop in factory orders in January mostly reflected a 13.3% decline in transportation equipment, which followed a 15.8% jump in December. Transportation equipment orders were weighed down by a 54.5% tumble in orders for civilian aircraft. Motor vehicle orders increased 1.3%.

☆ Boeing says it will cut about 2,000 white-collar jobs in finance and HR
▼ + stars: | 2023-02-07 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

REUTERS/Lindsey WassonWASHINGTON, Feb 6 (Reuters) - Boeing Co (BA.N) expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. planemaker confirmed Monday. The company confirmed a Seattle Times report Monday it expects "about 2,000 reductions this year primarily in finance and HR through a combination of attrition and layoffs." Boeing also confirmed it is outsourcing about one third of those jobs to Tata Consulting Services (TCS.NS) in India. Last month, Boeing said it will "lower staffing within some support functions" - a move meant to enable it to better align resources to support current products and technology development. Last year, Boeing said it planned to cut about 150 finance jobs in the United States to simplify its corporate structure and focus more resources into manufacturing and product development.

[1/2] An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey WassonCompanies Boeing Co FollowFORT WORTH, Texas/WASHINGTON Jan 26 (Reuters) - Boeing Co (BA.N) pleaded not guilty on Thursday to a 737 MAX fraud conspiracy charge felony charge after families objected to a 2021 Justice Department agreement to resolve the investigation into the plane's flawed design. U.S. District Judge Reed O'Connor last week ordered Boeing to appear to be arraigned after he ruled that people killed in the two Boeing 737 MAX crashes are legally considered "crime victims." The Justice Department in 2021 agreed to seek dismissal of the charge after the three-year agreement if Boeing complies with all terms. Lawyers for the victims said Boeing admitted under the agreement "that the 737 MAX had an unsafe condition, and that it will not attempt to blame anyone else" for the crash.

☆ Salesforce employees demand answers from execs about layoffs
▼ + stars: | 2023-01-25 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Salesforce employees demand answers. More than 500 employees wrote a letter to execs, demanding answers about the layoffs. Amazon employees told not to share confidential info with ChatGPT. Current and former employees told Insider that the social media company is shedding employees. This is what employees told us.

[1/2] An aerial view of a Boeing 777X airplane (top) parked next to Boeing 737 MAX 10 airplanes at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022. Boeing has seen 737 MAX customer demand recover briskly after two crashes and the COVID-19 pandemic battered the airline industry. However, analysts warn Boeing still faces major risk to increasing aircraft production, as supply chain recovery and additional regulatory requirements could delay schedules. Investors will also be looking for Boeing to shed light on why it is taking so long to deliver MAX planes sitting in storage. Boeing aims to gradually grow production of the 787 to five a month, but slowed production after a December parts delay, Reuters previously reported.

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