Starbucks grants $96M pay package to new CEO Brian Niccol
Starbucks CEO Brian Niccol earned $96M in just four months, with 94% tied to stock awards, as the coffee giant bets on his leadership to drive growth.
Los Angeles, Chicago, and Seattle face disruptions as baristas demand better pay and conditions
The Starbucks Workers United union, representing over 10,000 baristas across 525 U.S. stores, announced strikes in Los Angeles, Chicago, and Seattle starting Friday morning. The action comes amid unresolved disputes over wages, staffing levels, and scheduling.
The union warned of escalating walkouts potentially involving hundreds of stores nationwide if agreements are not reached by December 24, a critical period for Starbucks' holiday sales.
In response, Starbucks reiterated its commitment to continued negotiations, claiming union delegates prematurely ended recent bargaining sessions.
The strikes occur as the company undergoes a transformation under CEO Brian Niccol, who aims to revive "coffee house culture" by redesigning cafes, enhancing customer service, and simplifying menus.
Labor unrest is rising across industries, with Amazon workers at multiple U.S. facilities also striking this week during peak shopping season.
Kazakhstan's Ministry of Transport has released the preliminary report on the investigation on Azerbaijan Airlines's flight J2-8243's tragic crash. Read excerpts from the report and watch AnewZ's complete coverage.
An American Airlines regional jet and a U.S. Army Black Hawk helicopter crashed into the Potomac River after a midair collision near Reagan Washington National Airport on Wednesday night, officials said.
The U.S. has officially entered a new trade war. President Donald Trump has slapped 25% tariffs on imports from Canada and Mexico and 10% on China, citing immigration and drug trafficking concerns. The move has immediate consequences for businesses and consumers—so what happens next?
OpenAI has unveiled Deep Research, a new feature for ChatGPT that can scan, analyze, and synthesize information from hundreds of online sources to generate detailed reports in minutes.
Google has revised its AI principles, removing previous commitments not to develop artificial intelligence for weapons or surveillance technologies.
Azerbaijan, Georgia, Romania, and Hungary will build a direct high-voltage submarine cable connecting the South Caucasus region with the European Union, with a purpose to strengthen national and regional energy security.
The European Union and the Republic of Moldova today agreed on a two-year comprehensive strategy enhancing energy independence of the country and supporting it to overcome the energy crisis caused after Russia cut off supplies early of January.
The U.S. dollar remained firm on Tuesday as President Donald Trump’s latest tariff threats were seen as a negotiation tactic rather than a definitive policy shift. While planned tariffs on Mexico and Canada were suspended, a new 10% levy on Chinese imports took effect, prompting a swift but measured
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