As companies lean into value offerings and buzzy beverages to lure price-sensitive consumers, Starbucks is doubling down on its plans to get back to basics by leaning into hospitality at its cafes.The coffee giant aims to stand out on guest experience in a cutthroat consumer environment as it tries to boost lackluster sales.Last week, the company began training baristas on its new “Green Apron Service” program as part of CEO Brian Niccol’s “Back to Starbucks” plans, which have emphasized friendlier cafes and a human touch like Sharpie drawings on cups. Green Apron Service builds on that, relying on warm and…
Author: usaeverydaylife
Packages of Peanut M&M’s chocolate candy are displayed at a Costco Wholesale store on April 27, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty ImagesCandy and snacks giant Mars on Tuesday announced plans to invest $2 billion more in its U.S. operations through next year to bolster the company’s ongoing efforts to expand manufacturing in the country.The Twix and Milky Way chocolate maker has already invested more than $6 billion in U.S. manufacturing in the last five years and the new funding will support a $240 million facility for Nature’s Bakery in Salt Lake City, Utah.The new facility, opening on Wednesday, will create over 230 new jobs in…
Cash App’s new Pools feature lets users set a group funding goal, name the pool, and invite contributors.Courtesy: Cash AppCash App is going on the offensive in peer-to-peer payments.The Block-owned payments platform on Tuesday unveiled Pools, a new peer-to-peer feature designed to make group payments simple. It’s the company’s first major P2P product launch in nearly two years.”This is the first time we’re going into out-of-network payments with Pools,” said Owen Jennings, Block’s head of business, referring to the feature’s ability to accept contributions via Apple Pay or Google Pay from people who aren’t on Cash App.Pools allows users to…
In this photo illustration, Procter and Gamble products Pepto Bismol and Charmin toilet paper are displayed on June 05, 2025 in San Anselmo, California. Justin Sullivan | Getty ImagesProcter & Gamble on Tuesday reported quarterly results that beat Wall Street’s expectations, but introduced fiscal year 2026 guidance that included a $1 billion hit due to higher costs from tariffs.”We grew sales and profit in fiscal 2025 and returned high levels of cash to shareowners in a dynamic, difficult and volatile environment,” said CEO Jon Moeller in a news release.CFO Andre Schulten said during a media call that there will be…
Tesla has big shoes to fill in robotics and driving software and is making significant progress in those goals, according to RBC Capital Markets. The investment firm maintained its outperform rating on the electric vehicle stock while lifting its price target by $4 to $325, which analyst Tom Narayan said incorporates Tesla’s 2026 valuation and global humanoid robot penetration estimates. Narayan’s new price target suggests shares are fairly valued, as the stock last closed at $325.59 per share. Shares are down more than 19% year to date. “Should Tesla be successful on all of its goals, its valuation could far…
Check out the companies making headlines before the bell. Chart Industries — Shares of the gas equipment manufacturer surged 16% after it agreed to be acquired by Baker Hughes for $13.6 billion. Chart Industries had previously been in merger talks with power equipment supplier Flowserve , which was last up 8%. Baker Hughes shares fell 3%. The deal news comes as Chart reported better-than-expected second-quarter earnings, excluding items. Sarepta Therapeutics — The biopharmaceutical stock soared 38% after announcing that the Food and Drug Administration had recommended removing its voluntary hold on Elevidys for use with ambulatory patients, which was instated…
Over the years, Meta has built a reputation for using rivals’ innovations to bolster its technology. But its decision to copy a Chinese artificial intelligence lab in 2025 in an effort to compete with OpenAI backfired, forcing the company to overhaul its AI strategy. In a rush to mimic the techniques developed by Chinese startup DeepSeek, Meta released a new version of its Llama family of AI models that disappointed third-party developers, according to people familiar with the matter. The reaction was so bad that CEO Mark Zuckerberg decided to spend billions of dollars to revamp the company’s AI unit, and…
Thomas Fuller | Lightrocket | Getty ImagesSpotify shares dropped about 4% Tuesday after the music streaming platform fell short of Wall Street’s expectations and posted weak guidance for the current quarter.Here’s how the company did versus LSEG estimates:Loss: Loss of .42 euros vs earnings of 1.90 euros per share expectedRevenue: 4.19 billion euros vs. 4.26 billion expectedThe Sweden-based music platform’s revenues rose 10% from about 3.81 billion euros in the year-ago period. The company posted a net loss of 86 million euros, or a loss of .42 euros per share, down from net income of 225 million euros, or 1.10…
Bank of America is moving to the sidelines on Whirlpool after the company’s latest results suggest weaker near-term growth. Analyst Rafe Jadrosich downgraded Whirlpool to underperform from neutral. Accompanying the move, he lowered his price target by $30 to $70 to reflect the company’s dividend cut and elevated leverage, he said. Jadrosich’s new price target on the home appliance stock — which is already down roughly 14.5% this year — implies shares could lose another 28.5%. “We expect near-term uncertainty related to slowing discretionary demand, higher promotions, and a volatile environment in international markets to constrain WHR’s valuation multiple in…
A Norfolk Southern locomotive at a rail yard in Chicago, Illinois, US, on Friday, July 25, 2025. Jim Vondruska/Bloomberg via Getty Images | Bloomberg | Getty ImagesUnion Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal, to create the nation’s first coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the country.If approved, the deal would combine Union Pacific’s stronghold in the western two-thirds of the U.S. with Norfolk’s 19,500-mile network that primarily spans 22 eastern states.This would mark the largest-ever buyout in the sector, merging Union…
