Business & Finance
23 October 2024, 6:03 am 1 minute
Reuters was nearly two minutes ahead on the news that Starbucks had suspended its forecast through the next fiscal year as new CEO Brian Niccol looks to turn around the coffee giant struggling with falling demand for its pricey drinks. The news sent Starbucks’ shares down more than 7% in post-market trading.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Mergers & Acquisition
Regions: Americas
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story