Why is schultz leaving starbucks

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Ford Motor Co., down $1.09 to $13.12. The automaker reported disappointing fourth-quarter earnings and said its costs are too high. Amazon.com Inc., down $9.52 to $103.39. The online retail giant's fourth-quarter profit slumped and missed analysts' forecasts. Alphabet Inc., down $2.96 to $104.78. Google's parent company reported weak fourth-quarter financial results amid a decline in ad spending and increased competition. Starbucks Corp., down $4.85 to $104.30. The coffee chain's fiscal first-quarter profit and revenue fell short of Wall Street forecasts. Nordstrom Inc., up $5.24 to $26.38. Activist investor Ryan Cohen has reportedly built a big stake in the department store operator. Clorox Co., up $13.77 to $154.77. The maker of bleach and other household products reported strong fiscal second-quarter financial results. Boyd Gaming Corp., up $4.34 to $66.48. The casino … [Read more...] about Ford, Starbucks fall; Clorox, Gilead Sciences rise

The low-pressure system that brought dark clouds and northwest winds to the coast Thursday night is now hovering over Northern California. It’s set to raise winds and rounds of rain in the Bay Area Friday before departing for Oregon. Dry conditions will then briefly return for the first half of the weekend, but the break from the rain will eventually be stomped out by a second low-pressure system. This system will follow the path left behind by Friday’s rainmaker, hoisting rain and snow showers across Northern California by Saturday night and into Sunday. All in all, this weekend is shaping up to be a mixed bag of weather conditions for residents across the Golden State. When will today’s rains let up? For residents waking up after 9 a.m. Friday morning, the good news is that the bulk of moderate rain showers will already be halfway to the Sierra Nevada. That’s because the cold front out ahead of the low-pressure system is forecast to roll into the Bay Area between 2 and … [Read more...] about Bay Area will get hit with rain twice this weekend. Here’s what to expect

Bill Chan had never set foot anywhere in Mexico, let alone the lonely stretch of desert in the north of the country where he abruptly decided to build a $300 million factory. But that seemed a trifling detail amid the pressure to adapt to a swiftly changing global economy. It was January 2022, and Mr. Chan’s company, Man Wah Furniture Manufacturing, was confronting grave challenges in moving sofas from its factories in China to customers in the United States. Shipping prices were skyrocketing. Washington and Beijing were locked in a fierce trade war. Man Wah, one of China’s largest furniture companies, was eager to make its products on the North American side of the Pacific. “Our main market is the United States,” said Mr. Chan, chief executive of Man Wah’s Mexico subsidiary. “We don’t want to lose that market.” That same objective explains why scores of major Chinese companies are investing aggressively in Mexico, taking advantage of an expansive North American trade … [Read more...] about Why Chinese Companies Are Investing Billions in Mexico

When Tyriq McCord joined NASCAR as a pit crew member a little more than three years ago, his knowledge of what made a car go fast stopped and started with the gas pedal. “I didn’t even know how to change the tire on my car,” he said. But he could bench-press 225 pounds and run 40 yards in 4.5 seconds and those were the kinds of skills Phil Horton was looking for. Advertisement A former athletic trainer in college football and with the NBA’s Milwaukee Bucks, as the pit crew coach for stock-car racing’s Drive for Diversity development program Horton has recruited more than 100 former college and professional athletes, from lacrosse players to linebackers, to work as tire changers, tire carriers, jackmen — and women — and gasmen for teams in all three of NASCAR’s top three nationwide series. And while that has undoubtedly made NASCAR more diverse, it’s also made pit crews better and faster, which can mean millions of dollars in a sport where the average margin of … [Read more...] about NASCAR’s Drive for Diversity is transforming pit crews with college and pro athletes

Photo-Illustration: Imtelligencer; Photos Getty Images/Reddit “Hey I’m 16 and I am pregnant and want to get abortion but I am in Louisiana and its illegal and i don’t know what to do and so scared and i want it all to be over. I took a test 2 days ago. My parents are quite conservative and I am scared if i tell them that they would stop me and i can’t tell them.” “I live in an illegal state, and traveled to a legal state for my procedure 3 weeks ago. I’ve been having a concerning amount of bleeding and a lot of very large clots. Last night I passed a clot bigger than my pad. I want to get checked because I’m worried about infection but I’m also terrified to tell anyone I’ve had an abortion.” In 2019, doctoral student Ariella Messing, who studies abortion funds and had been volunteering at one, logged on to Reddit. The abortion sub-Reddit, as the silos there are known, was full of people looking for both abortion help and a way to help, or at least trying to. “People come … [Read more...] about What It Takes to Give Abortion Seekers (Actually Good) Advice Online

1 Community Corner Tinley Park social services agency will make sure toys, pajamas get to hundreds of south suburban children and teens for Christmas. Lauren Traut , Patch Staff Posted | Updated Reply TWC staffer Lena Dunn sorting some of the dolls that were donated to Together We Cope for Santa's Workshop, the agency's annual children's Christmas program. Toy donations roll in as staff prepares gift bags for hundreds of area children in need. TWC gives each child two toys, pajamas, and winter scarves/hats. TINLEY PARK, IL — Its home might be closed for the rest of the year following a fire last month, but the demands for Together We Cope's services are still great, and its staff have a long to-do list for the holiday season. The Tinley Park-based social services agency has relocated temporarily, and turned to its network of helping hands, to be able to carry out some of its work for … [Read more...] about Together We Cope ‘Elves’ Find Way Forward After Fire