Starbucks on Tuesday posted preliminary quarterly results that showed its sales fell again as the coffee chain tries to execute a turnaround. “Our fourth quarter performance makes it clear that we need to fundamentally change our strategy so we can get back to growth and that’s exactly what we are doing with our ‘Back to Starbucks’ plan,” CEO Brian…
Apple CEO Tim Cook shows a peace sign as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, on Sept. 9, 2024. Manuel Orbegozo | Reuters Apple on Monday released iOS 18, the latest version of its software for iPhones. This is Apple’s biggest iPhone update of the year, but this rollout does…
City of London skyline on 6th March 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — European stocks closed flat on the first trading day in September as investors considered the outlook for markets. The pan-European Stoxx 600 closed 0.04% lower, with regional bourses and sectors diverging. Retail stocks ended 0.77% lower, while…
Eli Lilly on Tuesday released a new form of its weight loss drug Zepbound for roughly half its usual monthly list price to reach millions of patients without insurance coverage for the popular injection, such as those with Medicare. The move also aims to expand the supply of Zepbound in the U.S. as demand skyrockets, and to ensure eligible…
