Well, that’s where Bill Gates Sr. came to the rescue. A couple of days after Jerry Baldwin broke the news, a friend of Schultz mentioned a senior partner whom he believed could help with the issue.

The layoffs, which will affect almost 2,000 workers in Washington state, are meant in part to strip away layers of management and create more nimble teams.

As the coffee giant brings the personal touch back to its stores, Chief Technology Officer Deb Hall Lefevre's role is more ...

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UnitedHealth Group said Chairman Stephen Hemsley will return to running the healthcare giant he helped build, succeeding ...

The US welcome mat is rolling up — at least that’s how some international travelers see it, according to the World Travel & ...

Welcome to part two of our series on the new generation of tea drinkers. This week, we look at what types and flavors of tea ...

Starbucks is investing in more hours for baristas as other restaurant chains go in on AI.

UnitedHealth Group CEO Andrew Witty is stepping down from his post for personal reasons and the health care giant says it’s ...

Laxman Narasimhan was tapped as CEO in April 2023, but only lasted until August 2024, when Starbucks poached Brian Niccol from Chipotle Mexican Grill. Niccol was instrumental in turning Chipotle ...

UnitedHealth CEO Andrew Witty is resigning from his position ... UnitedHealth also said that it would suspend its 2025 financial outlook due to higher-than-expected medical costs.