Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks โ and move the chain past the decadeslong Howard Schultz era.Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the...
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Top Wall Street analysts are bullish on these dividend stocks
The U.S. stock market has been under pressure recently due to fears of an economic slowdown, but dividend-paying names can help smooth the ride for investors.Investors can consider the recommendations of top Wall Street analysts as they search for stocks that are backed by strong financials and the ability to...
Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla
The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on May 10, 2024.BEIJING โ Chinese electric car brand Zeekr announced new batteries on Tuesday, which it says boast the fastest charge in the world.The offering aims to address consumers' long-standing worries...
Tech companies want nuclear power. Some utilities are throwing up roadblocks
A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Lauren Petracca | Bloomberg | Getty ImagesTech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence,...
The unemployment insurance program is unprepared for a recession, experts say
Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida.Joe Raedle | Getty ImagesRenewed fears of a U.S. recession have put a spotlight on unemployment.However, the system that workers rely on to collect unemployment benefits is at risk of buckling โ as it did...