As an aeronautics grad student at MIT in the 2010s, Brian Yutko was obsessed. He’d work deep into the night mining “black box” data and destination codes buried in antiquated computer languages like Fortran for obscure flight stats. He wowed his thesis advisor with his work on fuel efficiency. Among Yutko’s findings: Airlines could reduce pollution by 7% by flying …
Read More »Starbucks CEO details brand reset plan as turnaround efforts drive sales beat Reuters Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule CNBC Starbucks looks to protein drinks and other new products to turn around lagging US sales next year ABC News Starbucks stock pops, US same-store sales fall less than feared as new CEO Brian Niccol continues …
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By Savyata Mishra (Reuters) -Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset slowing consumer spending in its domestic market. The Seattle-based company’s shares rose 3.6% to $96.33 in extended trading on Tuesday. After several quarters of falling sales, the …
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Read More »Diageo CEO Crew steps down as company pursues turnaround, cost cuts Reuters Diageo CEO steps down after drink firm’s lacklustre performance The Guardian Guinness owner Diageo to replace chief executive Debra Crew Financial Times Diageo Parts Ways With CEO Debra Crew The Wall Street Journal Diageo silent amid CEO exit talk Yahoo Finance Source link
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