Starbucks Corp.’s soon-to-be chief executive is a “world-class leader” with deep knowledge of consumer-product companies and will spend time as a barista to get to know the company, the coffee chain’s...
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Baidu Stock Drops. It’s One of 5 Stocks Added to the SEC’s Delisting Watchlist.
Text size LIU JIN/AFP via Getty Images Baidu stock was dropping Thursday after U.S. regulators added the Chinese search giant to its growing list of companies that could be removed from American stock...
Clorox Stock Falls Sharply as Rising Costs Hit Margins
Text size A bottle of Clorox bleach in Culver City, California Chris Delmas/AFP via Getty Images Shares of Clorox were falling sharply Friday after the maker of disinfectant wipes and other cleaning p...
Dividend Aristocrats Lose AT&T but Gain Church & Dwight and Brown & Brown
Justin Sullivan/Getty Images Text size The S&P 500 Dividend Aristocrats Index, a benchmark for longevity of dividend increases, is welcoming two members while losing longtime member AT&T. S&am...
Who is the new Starbucks CEO? He has ‘deep’ knowledge of the consumer but lacks restaurant experience.
Investors didn’t appear to be too excited with Starbucks Corp.’s choice for its new chief executive officer, Laxam Narasimhan, but BTIG analyst Peter Saleh said they shouldn’t be surprised that he’s n...