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...

New CEO of Starbucks — a ‘world-class leader,’ says Howard Schultz — will do a stint as barista

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...

Starbucks Names Laxman Narasimhan New CEO

Starbucks named as its new CEO consumer products executive Laxman Narasimhan, months after former head Howard Schultz temporarily took over to steer the coffee giant through rising costs, a unionizati...

Morgan Stanley, Clorox, and Cummins Lifted Dividend Payouts

Text size Clorox Disinfecting Wipes canisters on a conveyor belt. Matt Odom/Bloomberg Morgan Stanley , Clorox , and Cummins were among the U.S. companies that declared dividend increases this week as ...

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...

PepsiCo and 4 Other ‘Low-Volatility’ Stocks That Can Beat the Market

Text size Pepsi products for sale Mario Tama/Getty Images Investors have been buying up low-volatility stocks to protect their portfolios against stock market declines. These stable stocks can probabl...

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...