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Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again.The company’s preliminary net sales fell 3% to $9.1 billion. It reported preliminary adjusted earnings per share of 80 cents.Analysts surveyed by LSEG were expecting the company to report fiscal-fourth quarter earnings per share of $1.03 and revenue of $9.38 billion.Starbucks’ same-store sales fell for its third consecutive quarter. Worldwide, its same-store sales slid 7%.Nearly two months ago, CEO Brian Niccol took the helm of the coffee giant after two quarters…

Andriy Kostin steps down after corruption scheme involving false disability diagnoses for draft exemptions is uncovered.Ukrainian Prosecutor General Andriy Kostin has announced his resignation amid a scandal involving dozens of officials alleged to have abused their position to receive disability status and avoid military service. In early October, it emerged that dozens of public prosecutors in the western region of Khmelnytskyi had falsely been awarded disability permits and were receiving special pensions. Kostin said on Tuesday he was taking responsibility for the scandal and announced his resignation. He called the situation around the false disability diagnoses “clearly amoral”. “In this…

Donald Trump’s photo op at a Pennsylvania McDonald’s sparked an avalanche of faux Yelp reviews … and things got so negative … or hilarious, depending on how you see it … the website had to step in and stop it from continuing. Yelp is no longer allowing reviews for a Mickey D’s in Bucks County, PA after Trump’s highly-publicized Sunday visit … and the website tells us it’s because folks were flooding the page with fake news. Honchos at Yelp tell TMZ … Yelp has a system in place that detects abnormal traffic influxes and that triggers a staff review,…

The Federal Housing Administration (FHA) this week announced two temporary policy waivers as the response to hurricanes Helene and Milton continues. The FHA’s 203(k) rehabilitation mortgage program currently has a requirement that “when a repair is considered ‘major,’ it becomes ineligible to be financed” as part of the 203(k) limited option, ”if the repairs prevent the borrower from occupying the property for more than 15 days.” This requirement has been temporarily dropped as part of the ongoing response to the back-to-back disasters in the Southeast. As a result of Helene and/or Milton, “many properties were severely impacted or destroyed and…

Disney is breaking up with Apple — at least a little bit.Disney is no longer letting new customers sign up for Hulu or Disney+ via Apple’s App Store.The move comes after Disney CEO Bob Iger complained about app store fees. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. If you want to sign up…

Police have raided a pizzeria in western Germany which they alleged served customers a side of cocaine when they ordered item number 40 on the menu.Authorities were tipped off about the scheme in March by food inspectors, and drug squad officers began watching the restaurant, criminal director Michael Graf von Moltke said on Monday.When police went to detain the pizzeria manager at his apartment, the 36-year-old reportedly threw a bag of drugs out of the window, which “fell right into the arms of the police officers”, Düsseldorf police said.Police found 1.6kg (3.5lb) of cocaine, 400g (14.1oz) of cannabis and €268,000…

He’s on fire! Bruce Springsteen attended the star-studded premiere of Road Diary: Bruce Springsteen & the E Street Band at The Academy Of Motion Pictures Museum David Geffen in Los Angeles, California on Oct. 21.DisneyThe singer, 75, was joined by band member Steven Van Zandt, director Tom Zimny, and producer John Landau to present a screening of the documentary for a packed crowd, which included Brandi Carlile, Kyle MacLachlan, Catherine O’Hara, Judd Apatow, Jackson Browne, Richie Sambora, Danny DeVito and more celebrities.DisneyViewers heard exclusive insights from Springsteen while getting an inside look at special moments backstage and during rehearsals for the musician’s 2023-2024 tour across…

Murray and his ex-wife, Corcoran broker Mickey Murray, built the Yellow House in the 1980s after buying the property for $305K. The 5,177-square-foot home sits on the site of a 19th-century barn. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Actor Bill Murray’s former estate in Palisades, New York, known as the Yellow House, has…

Christopher Grigat | Moment | Getty ImagesInvestors can generally reduce their tax losses in a portfolio by using exchange-traded funds over mutual funds, experts said.”ETFs come with tax magic that’s unrivaled by mutual funds,” Bryan Armour, Morningstar’s director of passive strategies research for North America and editor of its ETFInvestor newsletter, wrote earlier this year.But certain investments benefit more from that so-called magic than others.Tax savings are moot in retirement accountsETFs’ tax savings are typically greatest for investors in taxable brokerage accounts.They’re a moot point for retirement investors, like those who save in a 401(k) plan or individual retirement account,…

NewsFeedAnalysts warn that the Israeli military’s siege on northern Gaza could be the first step in the so-called “General’s Plan” that many consider a roadmap for ethnic cleansing.Published On 22 Oct 202422 Oct 2024 Source link