Starbucks CEO says his menu can be tailored to fit every budget as coffee giant beats profit expectations

Starbucks CEO says his menu can be tailored to fit every budget as coffee giant beats profit expectations

A quarterly caffeinated sales report for Starbucks. Starbucks shares rose 7% Wednesday morning after a better-than-expected quarter results. CEO Brian Niccol told Yahoo Finance that the company’s long-awaited comeback has finally taken hold, some 19 months into his tenure at the helm of the coffee giant. This comes even though consumers have to deal with…

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Chipotle Dodges Investor Lawsuit Over Portion Size Complaints

Chipotle Dodges Investor Lawsuit Over Portion Size Complaints

Chipotle Mexican Grill has faced numerous lawsuits over the years, from food safety crises to wage and hour disputes to shareholder claims. This month, the fast-casual restaurant chain emerged victorious in court. A federal judge dismissed a securities class-action lawsuit that accused Chipotle of misleading investors about portion sizes and customer dissatisfaction, as first reported…

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