DIRS.INFO The most relevant business & tech news

Sales of single-family homes were down 12% in September compared with the same time in the previous year. But interest rates, rising home prices and skyrocketing insurance costs likely played bigger roles than the recent hurricanes. “Florida recovers much faster than you think,” said Brad O’Connor, chief economist for Florida Realtors. Because of stricter building codes implemented in the years after Hurricane Andrew devastated South Florida in 1992, newer homes withstand hurricanes better than older ones, O’Connor said. The number of households dropped from about 340,000 to about 326,000, according to the U.S. Census Bureau.

Persons: ”, Brad O’Connor, Hurricane Andrew, O’Connor, ‘, Hurricane Ian Organizations: Florida Realtors, . Census, Van Lines, Associated Press Locations: Florida, South Florida, Lee County, Fort Myers, United States

☆ Amazon shares jump 7%, approach record after earnings beat
▼ + stars: | 2024-11-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon shares jumped 7% on Friday and neared an all-time high after the company reported better-than-expected earnings, driven by growth in its cloud computing and advertising businesses. Revenue increased 11% in the quarter to $158.9 billion, topping the $157.2 billion estimate of analysts surveyed by LSEG. Sales in the Amazon Web Services cloud business increased 19% to $27.4 billion, coming in just shy of analysts' estimates, according to StreetAccount. That was an acceleration from 12% a year ago, but trailed growth at rivals Microsoft and Google , where cloud revenue increased 33% and 35%, respectively. The midpoint of that range, $185 billion, fell short of the average analyst estimate of $186.2 billion, according to LSEG.

Persons: Roth MKM, Brian Olsavsky, Andy Jassy, Jassy, we're, — CNBC's Ari Levy Organizations: Amazon, Revenue, LSEG, Services, Microsoft, Google, Nvidia, Meta

☆ Here's what Wall Street analysts are saying after Amazon's third-quarter earnings
▼ + stars: | 2024-11-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Wall Street analysts think Amazon is only at the beginning of a new era of growth. Here's what analysts at some of the biggest shops on Wall Street are saying about Amazon's latest earnings report. His $250 per share price target implies more than 34% upside from Thursday's close. "Another margin upside surprise supports our retail margin efficiency upside thesis, while AWS is still in the early innings of a big AI cycle and is investing accordingly," Post said. The analyst also increased his 2025 full-year earnings per share forecast by roughly 4%.

Persons: Doug Anmuth, Anmuth, Justin Post, Lee Horowitz, " Horowitz, Ronald Josey's, Josey Organizations: Web Services, JPMorgan, Bank of America, Deutsche Bank, Citi

☆ China new home prices grow slightly faster in Oct, private survey shows
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: +2 min

People look at models of houses at the 2021 Dalian autumn real estate fair at Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province of China. Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a private survey showed on Friday, suggesting that recent support measures could be having some early impact in a crisis-hit market. The average price across 100 cities edged up 0.29%, compared with the previous month's 0.14%, according to data released by property researcher China Index Academy. On a year-on-year basis, the average price rose 2.08% versus 1.85% growth in September. Average new home prices fell 0.02% from a month earlier in smaller cities last month, the China Index Academy data showed.

Persons: Nomura Organizations: Dalian, China Index, Authorities, Nomura Locations: Dalian, Liaoning Province of China, China, Shanghai, Beijing

☆ CNBC Daily Open: Big Tech needs to go beyond beating earnings expectations
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares. While the company's cloud division missed revenue expectations, it's growing faster than it had in the same period last year. CNBC Pro checked in with Teng again to find out how his picks have performed, and if he has changed his mind on the stocks he's betting on.

Persons: Kevin Teng, Teng Organizations: CNBC, Big Tech, U.S, Japan's Nikkei, CSI, Apple, Amazon, P Global, PMI, Boeing, Wrise Private Singapore Locations: Asia, Pacific, Cupertino, China

☆ These stocks reporting next week have momentum heading into earnings and are well liked
▼ + stars: | 2024-11-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

A handful of stocks have momentum behind them heading into their quarterly results next week. With roughly 64% of S & P 500 companies reporting results thus far, they've collectively posted earnings growth of more than 9%. Analysts have increased their earnings forecasts for DuPont by more than 23% over the past six months and 29% over the past six months. Of all the stocks, analysts are most optimistic on Constellation Energy . Earnings forecasts over the past three months have surged 215%, faster than the 163% increase seen in the trailing six months.

Persons: they've, Wolfe, Chris Parkinson, Parkinson, JPMorgan Chase, Jeremy Tonet, Tonet Organizations: Analysts, DuPont, Constellation Energy, CNBC Pro, Wolfe Research, PFAS, JPMorgan, Howmet Aerospace, Emerson Electric

☆ Wendy's is closing another 140 'outdated' stores as it looks to build out new higher-tech locations
▼ + stars: | 2024-11-01 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Wendy's says will close 140 "outdated" stores this year, leaving its growth count flat for 2024. Wendy's is in the home stretch of a redesign that features new tech and drive-thru improvements. The fast-food chain said Thursday that it will close 140 "outdated" stores in underperforming areas this year, ahead of schedule. Wendy's has 7,000 worldwide locations, and previously said it expected to close around 100 locations this year. AdvertisementTanner said annual sales and profit margins at the closing locations are far below the overall company average.

Persons: Wendy's, —, Kirk Tanner, Tanner, Gunther Plosch Organizations: Service

☆ Israel plans to use lasers to shoot down incoming missiles
▼ + stars: | 2024-11-01 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

Dubbed the Iron Beam, the shield aims to use high-power lasers to counter an array of projectiles, including missiles, drones, rockets and mortars, Israel’s defense ministry said this week. “The initial capability of the ground-based laser system… is expected to enter operational service within one year,” he said. Israel first unveiled a prototype of the Iron Beam in 2021 and has since been working to get it up and running. From Social MediaIt is unclear if Iran has developed a laser defense system of its own. Experts say the Iron Beam could also act as a deterrent to further attacks by Iran or its proxies.

Persons: ” Eyal Zamir, ”, Israel, Benjamin Netanyahu’s beachside, Yehoshua Kalisky, Rafael, Naftali Bennett, ” Sascha Bruchmann, Kalisky, Benjamin Netanyahu's, Hunter, Bruchmann, Israel “, ” Bruchmann Organizations: CNN, Rafael, Defense Systems, Elbit Systems, Israel’s, Institute for National Security Studies, Israel Defense Forces, Rafael Advanced Defense Systems, ”, Institute for Strategic Studies, US Navy, Pentagon, New York Times, Hamas, Times . CNN Locations: Iran, Israel, Gaza, Lebanon, Yemen, Syria, Iraq, Caesarea, Lebanese, Tel Aviv, London, United Kingdom, China, Russia

☆ How AI and skills-first hiring are rewriting the rules of recruitment
▼ + stars: | 2024-11-01 | by ( ) www.businessinsider.com time to read: +4 min

Shifting to a skills-first hiring approach diversifies talent pools and improves job matching, helping find the best candidates for the job. AI tools like Indeed Smart Sourcing can help put the focus on candidates' skills to streamline sourcing and reduce hiring time. Amid rapid technological advancement across industries, employers' hiring needs are changing, requiring them to bring the right talent on board quickly. The skills-first hiring approach can also ultimately help employers reduce both the time and costs associated with hiring, especially when supported by AI. As hiring needs continue to evolve, making the hiring process easier with AI helps companies better plan and staff for the future.

Persons: Donal McMahon, Chris Hyams Organizations: Employers, Harvard, Insider Studios

Companies beat expectations, with some boosted by large cloud growth. AdvertisementThe tech giants Meta, Alphabet, Amazon, Apple, and Microsoft reported earnings this week, and investors were laser-focused on the results of AI investments. Cloud is kingMicrosoft, Alphabet, and Amazon saw significant growth in their cloud businesses, fueled by increased demand. Jeremy Goldman, EMARKETER's senior director of briefings, told BI that Microsoft's cloud business had decelerated from the "breakneck pace" of previous quarters. Related storiesWhile Google reported stronger cloud growth, Microsoft still leads it in cloud market share, and both are behind Amazon Web Services.

Persons: —, Kate Leaman, Jeremy Goldman, EMARKETER's, Amy Hood, Dan Romanoff, Andy Jassy, Tracy Woo, Forrester, AWS's, Jassy, Rufus, Sundar Pichai, Pichai, Mark Zuckerberg, Hood, Michael Field, Jaejune Kim, Lisa Su, we've Organizations: Apple, Companies, Service, Microsoft, Amazon, Morningstar, Google, Amazon Web, Amazon Web Services, Investment, Big Tech, Bank of America Securities, Meta, Nvidia, SK Hynix, Samsung, AMD, Services

☆ Spain floods: Horrific details emerge of how Valencia victims died
▼ + stars: | 2024-11-01 | by ( Lauren Kent | Benjamin Brown | ) edition.cnn.com time to read: +6 min

Alberto Saiz/AP A man walks around a cemetery on the outskirts of Valencia on Friday. Alberto Saiz/AP People clear debris from a shop in Chiva on Friday. Alberto Saiz/AP A member of the Military Emergencies Unit searches for victims in Letur on Friday. Alberto Saiz/AP A man stands among damaged vehicles in Valencia on Thursday. Mud still fills the streets in many areas, with the mayor of Valencia sharing images of community clean-up efforts on Friday.

Persons: David Ramos, Manu Fernandez, Nacho Doce, La Torre, Ana Escobar, Susana Vera, Alberto Saiz, Ismael Herrero, Shutterstock, Doce, Jose Jordan, Blanca Ruiz, Carlos Calmaestra, Oscar Del Pozo, Eva Defez's, Mateo Villalba Sanchez, Eva Manez, Víctor, Spain’s, ”, RTVE, Paiporta’s, María José Catalá, La Organizations: CNN, RTVE, Firefighters, Getty, AP, Reuters, La Torre, Military, Unit, AP Authorities, Wednesday, Europa Press, Spain’s El Mundo, Spanish, “, ” Locations: Spain, Valencia, Torre, Benetússer, Chiva, Paiporta, La, Alfafar, Letur, La Torre, AFP, Godelleta, Utiel, Sedaví, L'Alcúdia, Spanish, Huelva, Andalusia, Orange

☆ ASEAN continues to emerge as a winner of U.S.-China trade tensions, IMF says
▼ + stars: | 2024-11-01 | by ( Dylan Butts | ) www.cnbc.com time to read: +3 min

The Association of Southeast Asian Nations (ASEAN) has continued to emerge as an economic winner of increasing geopolitical tensions between China and the United States, though risks from fragmentation remain, the International Monetary Fund (IMF) says. Though U.S.-China tensions have been deteriorating in recent years, ASEAN has adapted and continued to integrate with the global economy, the IMF said in its latest Asia-Pacific Outlook report, released Friday. "Despite geopolitical tensions, ASEAN has continued to strengthen trade and investment links with both China and the U.S.," the report said. "[T]he region has even been able to take advantage of trade diversion opportunities caused by US-China trade tensions," the report added. Overall, the IMF says these trends have contributed to the ASEAN region increasing its share of inward foreign direct investment, world exports and global value added.

Persons: Donald Trump, Biden Organizations: The Association of Southeast Asian Nations, International Monetary Fund, U.S, ASEAN, IMF, Former U.S, China - Locations: Jakarta, Indonesia, China, United States, Asia, U.S, Beijing, China - U.S, Vietnam, Thailand, Philippines, Singapore, Pacific

☆ Biden is beating Trump on stocks. History shows markets do better under Democrats
▼ + stars: | 2024-11-01 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

The S&P 500 enjoyed a compound annual growth rate of 12.1% from Trump’s surprise election in November 2016 through Biden’s 2020 victory, according to CFRA. “The Trump market was so strong because of a combination of very low inflation, very low interest rates and tax cuts,” said Stovall. The S&P 500’s growth rate under Democrats is 10% compared with 6.7% under Republicans, according to CFRA. In those six years since 1945, where such a dynamic has been in place, the S&P 500 has enjoyed a sizzling growth rate of 16.8%. In fact, the market has generally performed better during times of higher, not lower, tax rates across changes in all three categories, BMO found.

Persons: Donald Trump, Joe Biden, ” Trump, Biden, Sam Stovall, Stovall, Bill Clinton, Kamala Harris, “ Biden, ” Stovall, Trump, Clinton, “, ”, Barack Obama, Hillary Clinton, CFRA, ” Brian Belski, Richard M, Nixon, George W, Bush, . Bush, –, Richard Nixon, Bush –, ” Belski, Gridlock, Harris, BMO’s Belski Organizations: New, New York CNN, Biden’s, CFRA Research, Biden, Trump, Wall, “, Democrats, Republicans, Gross, Democratic, BMO Capital Markets, Clinton, Congress, Investors, Republican, White, BMO Locations: New York

☆ CNBC Daily Open: For Big Tech, beating earnings expectations is not enough
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The 12-month inflation rate was 2.1%. The core inflation rate, which excludes food and energy prices, came in at 2.7%. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares.

Persons: Dow Jones, Europe's, Jesse Pound Organizations: CNBC, U.S . Commerce Department, Big Tech, U.S, Apple, Amazon, Boeing, Bank of America Locations: U.S, Cupertino

☆ What’s at stake on Tuesday? The planet.
▼ + stars: | 2024-11-01 | by ( Bill Weir | ) edition.cnn.com time to read: +8 min

Julian Quinones/CNNFormer Trump administration officials have outlined the speed at which they intend to dismantle the progress the Biden administration made on climate change. Trump has publicly distanced himself from the ideological blueprint, but CNN found at least 140 authors worked in the Trump administration. But given the momentum of the clean energy train, some experts and analysists doubt that Trump would be able to derail it entirely. While the green trend in economics now has Republican states like Texas leading the nation in clean energy installations, Germany, Japan and China got there first. Trump’s plan is to undo that progress, throw billions of dollars of clean energy investment out the window and give other countries the economic opportunity, instead.

Persons: CNN —, ” Mark Twain, Twain, Tom Sawyer ”, Helene, Lincoln, Reagan, it's, Julian Quinones, Kamala Harris, Harris, ”, Donald Trump, Biden, Trump, ” Mandy Gunasekara, CNN’s Ella Nilsen, David Bernhardt, Nilsen, Gunasekara, Bernhardt, Al Gore, Gore, Bill Weir, CNN Bill Gates, ” Gates, Mark Twain, “ Organizations: CNN, CNN Former Trump, Environmental, Agency, Trump, Energy Ventures, Microsoft Locations: Minnesota, American, Paris, Phoenix, CNN's, Greenland, Texas, Germany, Japan, China, America

☆ My company partnered with a football club to install a permanent 5G-powered headset system for visually impaired fans
▼ + stars: | 2024-11-01 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +5 min

Shared Access worked with a football club to power headsets for fans with visual impairments. It installed a private 5G network for fast connectivity and nearly instantaneous streaming. This as-told-to essay is based on a conversation with Sam Jackman, the chief development officer of Shared Access, a European company that develops mobile-connectivity solutions. We decided to install a private 5G network with an on-site core in the stadium. Ultimately, having the foundation of this private network allows so much room for creativity in terms of what you can layer on top of it.

Persons: —, Sam Jackman, GiveVision, It's, we've, I'd Organizations: Service, Crystal Palace Football Club, Selhurst, Vodafone, Crystal, Crystal Palace FC, Broadcasters Locations: European, London

☆ Former Secret Service agent shares tips on what to do if you feel like you’re being followed
▼ + stars: | 2024-10-31 | by ( Dateline Nbc | ) www.nbcnews.com time to read: +4 min

And quite honestly, you’re going to minimize your exposure to bad things happening. And when you’re in a scenario where your stress is up, you’re not going to remember them. That’s why I always tell people, “Think simple.” OK, somebody is coming at me: Claw their eyes. Or if you’re going after a man, go after the groin area. Those are really simple ways to keep yourself safe.

Persons: it’ll, Andrea Canning, Evy, Canning, We’ve, I’ll, you’re, ” Canning, let’s Organizations: Secret Service, ”

☆ OpenAI launches ChatGPT search, competing with Google and Microsoft
▼ + stars: | 2024-10-31 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

ChatGPT search offers up-to-the-minute sports scores, stock quotes, news, weather and more, powered by real-time web search and partnerships with news and data providers, according to the company. Zoom In Icon Arrows pointing outwards OpenAI's ChatGPT search OpenAIThe move also positions OpenAI as more of a competitor to Microsoft and its businesses. ChatGPT will "automatically search the web based on what you ask," according to an OpenAI blog post. Users can manually click the web search icon within ChatGPT to search if they choose. Zoom In Icon Arrows pointing outwards OpenAI's ChatGPT search OpenAI

Persons: Sam Altman, Didem, Bing, OpenAI, Altman, Axel Springer, Condé Nast, Dotdash Meredith Organizations: Anadolu, Getty, Microsoft, Google, ChatGPT, Associated Press, Reuters, Hearst, Financial Times, News Corp, Vox Media Locations: ChatGPT, OpenAI

☆ What Wall Street expects from Amazon, Apple earnings after the bell
▼ + stars: | 2024-10-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Wall Street faces another key litmus test Thursday with results from megacap technology giants Apple and Amazon . For Apple, Wall Street also wants to see its latest iPhone pick up steam, and investors seek more insight into when the company's AI initiative will begin lifting sales. For Apple, Wall Street expects EPS of $1.60 on $94.58 billion in revenue. Amazon's retail business also remains top of mind for Wall Street ahead of the busy holding shopping period. Apple For Apple, Wall Street is eagerly searching for signs of strong demand for its latest iPhone model and updates on its AI strategy.

Persons: Jason Helfstein, Brent Thill, Bank of America's Justin Post, Doug Anmuth, Goldman Sachs, Eric Sheridan, Ronald Josey, Morgan Stanley, Erik Woodring, Jefferies, Edison Lee, Samik Chatterjee, Davidson's Gil Luria, Wamsi Mohan, Tim Long, AAPL, Long Organizations: Apple, Nasdaq, Microsoft, Wall, LSEG, Amazon, StreetAccount, Jefferies, Bank of America's, Apple Intelligence, " Bank of America, Barclays Locations: Amazon

☆ Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.
▼ + stars: | 2024-10-31 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Retirees have been spending big thanks to recent gains in Social Security income, Bank of America said. But annual payment increases are falling behind workers' wage growth, the note said. Some economists have said baby boomer spending helped ward off a recession in recent years. Bank of America said retired consumers enjoyed greater spending power in the past two years as Social Security income got a boost. AdvertisementThe trouble with weaker spending among baby boomers is that the generation's willingness to splurge has been credited with helping the US avoid a recession in recent years.

Persons: boomer, —, X, Ed Yardeni Organizations: Social, Bank of America, Service, Social Security, Bank of America Institute

☆ CNBC's Inside India newsletter: India's deepening ties with natural gas
▼ + stars: | 2024-10-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.

Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S

☆ Apple's services unit is now a $100 billion a year juggernaut after 'phenomenal' growth
▼ + stars: | 2024-10-31 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook (C) joins customers during Apple's iPhone 16 launch in New York on September 20, 2024. Apple's second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple's earnings report on Thursday, the company said it reached just under $25 billion in services revenue, an all-time high for the category, and 12% growth on an annual basis. Apple's services unit has become a critical part of Apple's appeal to investors over the past decade. After Thursday, Apple's services business alone, based on its most recent run rate, would land around 40th on the Fortune 500, topping Morgan Stanley and Johnson & Johnson.

Persons: Tim Cook, Apple's, Apple, Luca Maestri, We've, Cook, Morgan Stanley, Johnson, Maestri Organizations: Apple, Services, SEC, Google, Apple Pay, Johnson Locations: New York, Europe

☆ OpenAI CEO Sam Altman says new AI model taking a while because 'we can't ship' as quickly as hoped
▼ + stars: | 2024-10-31 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

"All of these models have gotten quite complex and we can't ship as many things in parallel as we'd like to," Altman wrote during a Reddit AMA. Regarding the next version of DALL-E, Altman wrote that the "next update will be worth the wait" but that there's no "release plan yet." The move also positions OpenAI as more of a competitor to Microsoft, which has invested close to $14 billion in OpenAI. For Altman, Reddit isn't just a communications platform. WATCH: OpenAI takes on Google with ChatGPT search

Persons: Sam Altman, Altman, OpenAI, Sora, Kevin Weil, Srinivas Narayanan, Microsoft's Bing, Narayanan, Bing, Reddit isn't Organizations: Google, CNBC, AVM Vision, ChatGPT, Microsoft Locations: San Francisco , California, OpenAI, ChatGPT

☆ Why rich Trump backers aren’t scared of his inflationary economic agenda
▼ + stars: | 2024-10-31 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —The last three years have upended everything about the way we expect the economy to work. But the pandemic-era inflationary period played out unlike any other in history, and wealthy people made out like bandits. And that may be because the only real inflation we’ve seen in decades was a multi-year profit bonanza for them. And that has provided a permission structure for some wealthy Trump supporters to shrug their shoulders at his inflationary economic agenda. But it won’t be the same flavor of profit-driven inflation we’ve seen over the past three years.

Persons: CNN Business ’, That’s, Donald Trump’s, “ It’s, ”, Kent Smetters, “, we’ve, ” It’s, He’s, Harris, Josh Bivens, Bivens, ” Bivens Organizations: CNN Business, New York CNN, Wall, University of Pennsylvania’s Wharton School, Trump, Wall Street Journal Locations: New York, Ukraine

☆ 7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
▼ + stars: | 2024-10-31 | by ( Amelia Lucas | ) www.cnbc.com time to read: +8 min

Niccol wants to change that. Cutting back an 'overly complex' menuSpain, Barcelona, Plaza de Francesc Macia, Starbucks, coffee shop customer ordering. While the changes may disappoint some customers, Niccol said he thinks that they'll appreciate faster, more consistent service in the long run. Bringing back the condiment barsStarbucks brown sugar sachets are seen in Starbucks Coffee in Krakow, Poland on November 4, 2022. Better staffing in cafesMerida, Mexico, Zona Paseo Montejo Centro, Starbucks Coffee shop, baristas and cashier at work smiling.

Persons: Brian Niccols, Brian Niccol, Rachel Ruggeri, Niccol, Lindsey Nicholson, Macia, Jeff Greenberg, Etienne Laurent, we've, Beata Zawrzel, baristas, Taco Bell, Chipotle, Tressie Lieberman, Almond Organizations: Starbucks, CNBC, Mobile, UCG, Getty, Plaza, Universal, AFP, Nurphoto, Zona Paseo, Centro, Starbucks Rewards, Procter & Gamble, Yum Brands Locations: U.S, Queens , New York, Spain, Barcelona, Manhattan Beach , California, Starbucks Coffee, Krakow, Poland, Merida, Mexico

Search resuls for: "Faster"

25 mentions found