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  • Baristas say that Starbucks is ignoring a huge problem that is impacting sales
    Finance
    Business Insider2 hours ago

    Baristas say that Starbucks is ignoring a huge problem that is impacting sales

    "The perception isn't the reality," one Chicago barista told Business Insider. Starbucks is at a critical juncture. While the company has consistently increased same-store sales in the US and globally for years, traffic in the second quarter was flat after dropping 2% in the first quarter of 2017 — meaning fewer people are visiting stores.

  • Bob Iger gave up on his dream job at 23, and ended up becoming Disney's CEO instead
    Business
    Business Insider4 hours ago

    Bob Iger gave up on his dream job at 23, and ended up becoming Disney's CEO instead

    Bob Iger has been the CEO of Disney for over a decade, and made $41 million for his trouble last year, but that doesn’t mean he made it to his dream job. In fact, on a recent Vanity Fair podcast, Iger shared that in his early 20s, he made the decision to abandon the career he’d set his sights on. In college, Iger did a fair amount of TV work, and immediately after he got a job at a small TV station in Ithaca, New York, as a weatherman.

  • Business
    MarketWatch2 hours ago

    Why one hedge-fund titan is bracing for ‘all hell to break loose’ in the stock market

    Billionaire investor Paul Singer has a bleak outlook for Wall Street, and he has built a $5 billion rainy-day fund in preparation for what he describes as “all hell” to break out. On Friday, the S&P 500 index (^GSPC) and the Nasdaq Composite Index(^IXIC)registered records on the same day for the second consecutive session, while the Dow Jones Industrial Average (^DJI) closed out the week just 35 points short of its own all-time high.