Starbucks appoints Laxman Narasimhan as its next CEO

New York CNN Business — Starbucks chose Laxman Narasimhan as his next CEO. Narasimhan will become the new CEO of Starbucks on October 1. He will officially take office in April and will then also join the company’s board of directors. The Reckitt Benckiser Group, of which Narasimhan recently served as CEO, announced earlier Thursday … Read more

Starbucks Appoints New CEO | CNN Business

New York CNN Business — Starbucks chose Laxman Narasimhan as his next CEO. Narasimhan will become the new CEO of Starbucks on October 1. He will officially take office in April and will then also join the company’s board of directors. The Reckitt Benckiser Group, of which Narasimhan recently served as CEO, announced earlier Thursday … Read more

Columbus, Ohio, teachers ratify new education deal

CNN — The teachers’ union in Columbus, Ohio, voted on Sunday to ratify a agreement with Columbus City Schoolswhich will allow students to resume in-person learning on Monday after a day-long strike over classroom conditions and teacher pay. A majority of members of the teachers’ union, Columbus Education Association, voted to accept the deal, union … Read more

Biden’s student loan relief plan will primarily help working-class and middle-class borrowers, report says

CNN — of President Joe Biden student loan debt relief plan should primarily help working-class and middle-class borrowers, according to an updated report from an influential research group. That’s a change from his earlier projection that more high-income borrowers would get basic loan forgiveness. About 75% of the profits will go to households earning $88,000 … Read more

Ford cuts 3,000 jobs at the company as part of its shift to electric vehicles

New York CNN Business — Ford is cutting 3,000 white-collar jobs as it prepares to switch from traditional internal combustion engine vehicles to electric vehicles. Two thousand of the jobs are salaried positions and another 1,000 are contractors, Ford (F) said. Affected employees will be notified that they are losing their jobs later this week. … Read more

Adam Neumann, the former WeWork CEO, has a new real estate startup Flow, reportedly valued at over $1 billion

CNN Business — Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he would once again be in charge of a billion-dollar real estate startup. Andreessen Horowitz, the prominent venture capital firm known for its early investments in Twitter and Airbnb, has injected … Read more

Account bearing name of suspect in Ohio standoff with FBI posted on Trump’s social media platform encouraging violence against agency

CNN — A social media account bearing the name of Ricky Shiffer, the suspect in Ohio’s standoff with the FBI, posted a message on the social media platform founded by Donald Trump, referring to an attempted takeover storming an FBI office and encouraging others online to prepare for revolutionary-style warfare. The ticket on the FBI … Read more

Kobe Bryant crash photo trial: Footage shared among dozens of LA County employees, attorney says in opening statements

CNN — After the fatal helicopter crash that killed Kobe Bryanthis daughter Gianna and seven others, disturbing images taken at the scene were shared among more than two dozen Los Angeles County employees, an attorney for the NBA legend’s wife Vanessa said in a statement on Wednesday. his lawsuit against the county over the photos. … Read more