by Admin | Jun 19, 2017 | Companies, News
On June 15, Amazon announced that it was buying upscale grocery chain Whole Foods for $13.7 billion, or $42 per share. The news shook up the markets, with Whole Foods’ stock rising almost 27 percent in Friday-morning trading. Whole Foods’ grocery rivals’ stock took a...
by Admin | Dec 2, 2016 | News
Howard Schultz announced on Thursday that he will be stepping down as CEO of Starbucks on April 3, 2017, handing over control of 25,000 coffee shops in 75 countries. Schultz will remain executive chairman while the CEO position is shifted to Kevin Johnson, the current...
by Admin | Dec 28, 2015 | Companies, News
The Seattle City Council voted on December 14th to allow for-hire drivers working for companies like Uber and Lyft to unionize within the city, though those companies are against the idea. Ride-hailing apps like Uber are a growing part of the economy, with huge...
by Admin | May 1, 2015 | Companies, News
Google is slowly rolling out a new phone service that distributes phone calls through Wi-Fi when available. Towns like Chattanooga, Tennessee and Seattle, Washington are implementing improved internet connectivity for their residents. The ideas behind these two things...
by Admin | Apr 1, 2015 | News
59% of America’s adults are drinking coffee every day, according to the 2015 report by the National Coffee Association (NCA), with 71% enjoying at least one cup every week. An Accounting Principals’ survey found that coffee drinkers spent an average of $1,092 a year....
