U.S. approves first Ukraine arms aid paid for by NATO allies
The Trump administration has approved its first U.S. weapons aid packages for Ukraine under a new mechanism that allows arms from U.S. stockpiles to b...
Starbucks CEO Brian Niccol announced job cuts as part of a broader turnaround strategy to address competition and declining demand in the U.S. and China. The cuts, to be revealed by March, won't impact in-store teams or investments in store hours
Starbucks CEO Brian Niccol announced on Friday that the coffee chain will be reducing jobs as part of its efforts to turn the company around. While the specifics of the job cuts will be revealed by early March, Niccol emphasized that in-store teams and investments in store hours would remain unaffected.
Niccol, who previously led Chipotle Mexican Grill and has been in his role at Starbucks for four months, has introduced a series of initiatives to strengthen the business, which has faced challenges due to rising competition and declining demand in both the U.S. and China. "Our size and structure can hinder our progress, with too many layers, small teams, and roles focused mainly on coordination," Niccol said, noting that he will review the structure, role, and size of support teams worldwide.
In October, the company suspended its fiscal year 2025 forecast and outlined plans to revamp its U.S. locations by adding more comfortable seating, ceramic mugs, and a coffee-condiment bar, all while aiming to keep customer wait times under four minutes. Additionally, Starbucks' lead independent director, Mellody Hobson, announced her retirement after nearly two decades with the company.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
The Trump administration has approved its first U.S. weapons aid packages for Ukraine under a new mechanism that allows arms from U.S. stockpiles to be funded by NATO allies, sources familiar with the matter told Reuters.
At least 13 people have been injured in two shootings in Minneapolis within 12 hours, police said.
The Israeli army has begun a large-scale ground offensive in Gaza City as part of “Operation Gideon’s Chariot 2,” the military said.
U.S. President Donald Trump said on Tuesday the leader of Australia, Prime Minister Anthony Albanese, would be coming for a visit to see him soon.
Russian President Vladimir Putin flew to the Nizhny Novgorod region on Tuesday to observe joint Russian-Belarusian military drills, state television reported.
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