"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 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.
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.