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former ceo howard schultz with some choice words for his successor. more on that next. >>> plus, the chart master stops by for some texas tea technicals. why it's time to get in on this high energy trade, right after this. >>> missed a moment of "fast?" catch us any time on the go. follow the "fast money" podcast. we're back right after this. meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire we put our heart into celebrating moms. we are local farmers, bakers, florists and makers who grow and create with a passion. 1-800 flowers. for mom, with love. >>> welcome back. howard schultz with some pointed words for the man he appointed as his successor when he announced his latest resignation in 2022. schultz saying in a letter posted on linkedin this weekend to, quote, make
former ceo howard schultz with some choice words for his successor. more on that next. >>> plus, the chart master stops by for some texas tea technicals. why it's time to get in on this high energy trade, right after this. >>> missed a moment of "fast?" catch us any time on the go. follow the "fast money" podcast. we're back right after this. meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real....
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May 7, 2024
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i think whether, you know, howard schultz is intentionally undermining management, to give himself a ride back into the helm for the third time, i don't know, but it gets back to then what's the multiple you want to pay on this? because if you have some visibility, if you took eps multiple for '25 that you had before this announcement, this stock is trading 15 1/2 times that 25 multiple that's very cheap. >> if he does come back in, you have to wonder if there's truly severe risk to this stock, because it seems like howard schultz looks like the only one who can run this well. >> which is crazy. >> it's the fourth time he's going to come back and he has not been able to train his successor? >> he's picked bad management teams. >> or he can't or it doesn't work >>> coming up, more action to bring you. shares of reddit, rivian, ea, wynn, all on the move. the numbers out of the reports next. >>> plus, has the a.i. surge come too far too fast in our markets? what one billionaire investor has to say about the sector, and what it could mean for your money. ilwh "ston" ey returns.sor, i pro
i think whether, you know, howard schultz is intentionally undermining management, to give himself a ride back into the helm for the third time, i don't know, but it gets back to then what's the multiple you want to pay on this? because if you have some visibility, if you took eps multiple for '25 that you had before this announcement, this stock is trading 15 1/2 times that 25 multiple that's very cheap. >> if he does come back in, you have to wonder if there's truly severe risk to this...
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May 6, 2024
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. >>> and three-time starbucks ceo howard schultz is calling out the open. in a post on sunday, schultz says starbucks requires a focus on the customer experience through the eyes of the merchant. the answer does not lie in data, but in the stores, frank. >> strong criticism. silvana, thank you. >>> we have a lot more to come on "worldwide exchange," including the one word that investors need to know today. first, warren buffett says the iphone may be the greatest product of all time, but since 2007, what else does apple have for investors? we will discuss that and more. stay with us. >>> plus, a closer case of the chinese con sierm. consumer. little a live report from beijing. >>> we have a very busy hour still ahead when "worldwide exchange" returns. stay with us. whoa, what's that, grandpa? look at us knuckleheads. and they're all coming? those who are still with us, yes. you look good. you as well. one, two three. grandpa! what's this, ellie? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly. wooooooo! whoa! on your wing, grandpa! i
. >>> and three-time starbucks ceo howard schultz is calling out the open. in a post on sunday, schultz says starbucks requires a focus on the customer experience through the eyes of the merchant. the answer does not lie in data, but in the stores, frank. >> strong criticism. silvana, thank you. >>> we have a lot more to come on "worldwide exchange," including the one word that investors need to know today. first, warren buffett says the iphone may be the...
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May 6, 2024
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. >>> coming up, howard schultz speaking up, calling for humility. tell you what else he's suggesting and hear from one analyst standing by her buy rating on starbucks. plus, three big names on deck with big names perhaps none other than disney. we'll get you ready with the action. the story, the trades. "the exchange" is back after this. >>> this is "the ehaxcnge" on cnbc. it's a pillow with a speaker in it! that's right craig. a team that's highly competent. i'm just here for the internets. at&t it's super-fast. reliable. you locked us out?! arrggghh! ahhhh! solution-oriented. [jenna screams] and most importantly... is the internet out? don't worry, we have at&t internet back-up. the next level network. i sold a pillow! (grandpa) i'm the richest guy in the world. (man 1) i have time to give. (man 2) i have people i can count on. (grandma) and a million stories to share. (vo) the key to being rich is knowing what counts. you've got xfinity wifi at home. take it on the go with xfinity mobile. customers now get exclusive access to wifi speed up to a g
. >>> coming up, howard schultz speaking up, calling for humility. tell you what else he's suggesting and hear from one analyst standing by her buy rating on starbucks. plus, three big names on deck with big names perhaps none other than disney. we'll get you ready with the action. the story, the trades. "the exchange" is back after this. >>> this is "the ehaxcnge" on cnbc. it's a pillow with a speaker in it! that's right craig. a team that's highly...
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May 29, 2024
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i mean, clearly howard schultz found a market rationale to give his workers great pay. i don't think anybody expects to be at, you know, for a career, although there's a lot of advanced movement up. wal-mart is another example of that 7070 5% of management positions at wal-mart are hired from people who started out hourly. you can be a at a regional wal-mart without a college degree making $250,000 a year. that's great stuff. mean wal-mart started out being a place that was really harsh to its workers and it's had a real kind of come to jesus moment. i think literally it's a religious company and they they treat their workers. the workers there that i spoke to that i interviewed were really happy. they're amazon as well. i got say i know that there's a lot of reporting outhere. you know, what the warehouse is like. and i interview somebody who at some point had worked in the warehouse and it had been really dreadful and she's a really hard worker. and she said was the only job that got the betteof her. but i spoke to amazon drivers, packers and people in other places wh
i mean, clearly howard schultz found a market rationale to give his workers great pay. i don't think anybody expects to be at, you know, for a career, although there's a lot of advanced movement up. wal-mart is another example of that 7070 5% of management positions at wal-mart are hired from people who started out hourly. you can be a at a regional wal-mart without a college degree making $250,000 a year. that's great stuff. mean wal-mart started out being a place that was really harsh to its...
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May 6, 2024
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meanwhile, tough words for starbucks from founder howard schultz, who says it is time for contrition and renewed focus and discipline for current management. these comments follow the disastrous earnings report last week. and an exclusive conversation coming up after the real estate company reported stronger-than-expected earnings. christian all brick -- ulbrich joins in just a bit. i am katie garfield in new york. welcome to bloomberg markets. we have a green start to the week with the s&p 500 up about .6%. if you take a look at the nasdaq 100, we are talking about .6%. we have another big week of earnings coming up, so we will continue to watch these lines. meanwhile, on the bond market it is a quite start to the week, the 10 year yield unchanged following a big rally. we are sitting at about 4.5 percent. one stock we are keeping an eye on is apple after warren buffett praised the tech giant over the weekend. he said apple is better than american express and coca-cola. despite that praise, buffett revealed he cut his stake in the tech giant. he said a lot of things about several di
meanwhile, tough words for starbucks from founder howard schultz, who says it is time for contrition and renewed focus and discipline for current management. these comments follow the disastrous earnings report last week. and an exclusive conversation coming up after the real estate company reported stronger-than-expected earnings. christian all brick -- ulbrich joins in just a bit. i am katie garfield in new york. welcome to bloomberg markets. we have a green start to the week with the s&p...
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stuart: howard schultz is the founder of starbucks. >> the ceo three times out enough. stuart: it is struggling, what is he saying. >> he has no attachment formally to the company anymore he is not even on the board he is not keeping a low profile as one might expect, he wrote the linkedin post and he said starbucks needs to improve operation of the customer experience, he talked about a maniacal focus on the customer experience. executives need to spend more time with the breeze does and reinvent mobile ordering i wanted to hear that your venti latte should not cost $8 it is gone too expensive and you often place your mobile ordering is not ready when you go to pick it up. stuart: and then take latte dente is the biggest one and you pay eight bucks for that. >> at times but is superexpensive. if you look at the past quarter their sales was down the traffic was down in the stock is down 17% this month, maybe because receipt of one point to percent increase this morning and maybe because howard schultz is still respected and current management at the company say maybe we
stuart: howard schultz is the founder of starbucks. >> the ceo three times out enough. stuart: it is struggling, what is he saying. >> he has no attachment formally to the company anymore he is not even on the board he is not keeping a low profile as one might expect, he wrote the linkedin post and he said starbucks needs to improve operation of the customer experience, he talked about a maniacal focus on the customer experience. executives need to spend more time with the breeze...
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May 6, 2024
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former starbucks ceo howard schultz speaking out about the stock miss last week. schultz has had no formal role in the company since april of last year. he asked people about what should be done. he took to linkedin. he said there must be con contributions and renewed focus. he urged the board members to spend more time with those who wear the green apron. make it an uplifting experience. we talked about the problems and the lack of interaction at the electronic program. the go-to-market strategy needs to be overhauled with the coffee forward innovation program which creates differential in the marke marketplace. if you read between the lines, he is frustrated with what is happening at starbucks. the mobile ordinering piece is something we talked about going forward. many products developed are not coffee drinks. they are energy drinks and other types of drinks. there will isn't a big focus on discounting. loyalty programs and getting a star for each time you buy a drink. i assume that is transactional. if you go into the stores and i was in a couple this weekend,
former starbucks ceo howard schultz speaking out about the stock miss last week. schultz has had no formal role in the company since april of last year. he asked people about what should be done. he took to linkedin. he said there must be con contributions and renewed focus. he urged the board members to spend more time with those who wear the green apron. make it an uplifting experience. we talked about the problems and the lack of interaction at the electronic program. the go-to-market...
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May 7, 2024
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analysts aren't sure why earnings and revenue are down, but the former ceo, howard schultz, said the reason is obvious. on sunday, he said the problems lie in the starbucks stores and they need a revamp. he suggests starbucks improve its mobile order experience and overhaul how it creates new drinks. coming up next, we're going to show you new evidence linking birds to dinosaurs. we want to show you this fossil. it shows in our archaeopteryx. it is the earliest known bird, complete with feathers, clawed wings, and 50 tiny teeth. it was in the hands of private collectors until donors bought it for the field museum in chicago. the museum unveiled it today and released this hologram of the bird. the bird is 150 million years old, a remnant of the jurassic period. visitors will be able to visit it for the next month. then it will come back for display in the fall. that's very cool. don't forget you can watch our newscast 24/7 on roku and other streaming platforms. raj mathai joins us now with what's coming up next at 530. janelle, happy monday to you. the big developing news now in the m
analysts aren't sure why earnings and revenue are down, but the former ceo, howard schultz, said the reason is obvious. on sunday, he said the problems lie in the starbucks stores and they need a revamp. he suggests starbucks improve its mobile order experience and overhaul how it creates new drinks. coming up next, we're going to show you new evidence linking birds to dinosaurs. we want to show you this fossil. it shows in our archaeopteryx. it is the earliest known bird, complete with...
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May 7, 2024
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schultz, criticó al gigante del café a través de un post en linkedin afirmando que la empresa necesita renovar su enfoque. starbucks no se ha pronunciado, pero su actual director general dijo justo la semana pasada que están preparando un cambio de rumbo que incluye acelerar el servicio durante las horas de la mañana para satisfacer la demanda de los clientes. una de las mayores compañías de seguros de hogares de california llamada travelers insurance, está subiendo sus tarifas. en promedio, la tarifa subirá más del 15% para su programa quantum home lane 0. además, la compañía ha anunciado que dejará de cubrir a miles de clientes por el riesgo de incendios forestales y por ello, dicen, ya comenzó a comunicarle a algunos de los propietarios del alto riesgo que ya no tienen derecho a la cobertura. ahora escuchen esta historia que puede inspirar a más de 1 es de un grupo de adultos que, insisto, es fuente de inspiración para muchos, porque gracias a sus ansias de salir adelante lograron el objetivo que tenían, que era aprender inglés. ellos vinieron a estados unidos sin sa
schultz, criticó al gigante del café a través de un post en linkedin afirmando que la empresa necesita renovar su enfoque. starbucks no se ha pronunciado, pero su actual director general dijo justo la semana pasada que están preparando un cambio de rumbo que incluye acelerar el servicio durante las horas de la mañana para satisfacer la demanda de los clientes. una de las mayores compañías de seguros de hogares de california llamada travelers insurance, está subiendo sus tarifas. en...
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May 17, 2024
05/24
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we've had limited interaction with howard schultz. the reason we took an investment in him was because of his experience. that's going to be valuable for us. scarlet: any plans to add ingredients to chocolate to address the high prices, maybe adding nuts, less actual chocolate, expanding to other kinds of candy? douglas: not short-term. we have fantastic recipes. making sure you make a commitment to your product is the right way to do it. as a brand, as we grow, we are introducing new products. the combo effect, we now have snacking products we just launched in the u.s., i think you will see more from us on that front, driven by strong consumer demand for our brand and the ethics behind it. scarlet: appreciate your joining us, douglas lamont. tony's chocolonley. let's get you a checkup. looks like we've moved to the upside. abigail: intraday overnight chart s&p evening futures may look dramatic if you take into account we are up. these are tiny moves. similar yesterday. ultimately s&p fell slightly on the day, early in the day. volume
we've had limited interaction with howard schultz. the reason we took an investment in him was because of his experience. that's going to be valuable for us. scarlet: any plans to add ingredients to chocolate to address the high prices, maybe adding nuts, less actual chocolate, expanding to other kinds of candy? douglas: not short-term. we have fantastic recipes. making sure you make a commitment to your product is the right way to do it. as a brand, as we grow, we are introducing new products....
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May 6, 2024
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disappointment all around including from former ceo howard schultz. i'm not hearing anyone talking about rolling back prices at starbucks. they want to add more menu items, which would lead to worse throughput, another unacknowledged problem for many. nothing short of a brutal experience. what else, okay, this morning, tyson foods had preferred food businesses which has seen 20% cumulative deflation over the last few years has become too pricey for americans. that's why that one was hit. what does all of this tell us as we head into retail earnings season? i think the take away is americans want what walmart and costco give them, a low price that rolls back prices to feel like bargains again. walmart offers less expensive prices, costco has been a bargain. both will do well. i'm not sure how the market will react to target, macy's, and nordstrom. they have billions of dollars they sell. but and they do offer real value. i don't know if that's enough. target yieldings s almost 3%. nordstrom flirting with going private. i wonder if it has the cash flow
disappointment all around including from former ceo howard schultz. i'm not hearing anyone talking about rolling back prices at starbucks. they want to add more menu items, which would lead to worse throughput, another unacknowledged problem for many. nothing short of a brutal experience. what else, okay, this morning, tyson foods had preferred food businesses which has seen 20% cumulative deflation over the last few years has become too pricey for americans. that's why that one was hit. what...
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May 10, 2024
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oh no, howard schultz started starbucks. i don't think you started -- >> he didn't start starbucks he bought it it was a handful of coffee stores he built it, but he didn't start it >> there was an article in "the journal" about starbucks >> zeekr is offering bevs and technology-driven solutions and they aspire to lead the electrification, the intelligentization -- i don't know that that's a word, but apparently it is -- and innovation of the automobile industry >> jim's on his normalization stabilization craze. you can at intelligentization. >> there's -- travel's normalizing. >> is it intelligentizing, though >> what was revenge travel >> i don't know. >> i'm taking a trip to iceland for revenge? revenge against what >> you're all over airbnb yesterday. >> i thought airbnb was a great opportunity. i'm trying to get -- my daughter wants me to get the "up" house you see the "up" house it's on a crane. >> that was amazing. >> that's about as cool as it gets >> jim, speaking of ipos, david talked to solomon on monday. we did w
oh no, howard schultz started starbucks. i don't think you started -- >> he didn't start starbucks he bought it it was a handful of coffee stores he built it, but he didn't start it >> there was an article in "the journal" about starbucks >> zeekr is offering bevs and technology-driven solutions and they aspire to lead the electrification, the intelligentization -- i don't know that that's a word, but apparently it is -- and innovation of the automobile industry...
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May 6, 2024
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. >> all right, so, obviously, howard schultz, very unhappy. a linkedin post. i think it focuses on a couple things, not just -- that america has to be fixed, but there is a notion in the notion that there has to be a little more humiliate, contrition was the word that he picked. >> more time with aprons on. >> right. and then i thought the most important line in this entire thing was that -- and we're talking about laxman narasimhan, the current ceo -- is that senior leaders, including board members, need to spend more time with those who wear the green apron. one of their first actions should be to reinvent the mobile ordering and pay platform, which starbucks pioneered. so, right there, he's saying, listen, you can't get in and out, and that apparently is what's hurting some of the loyalty. now, let's understand, melody hobson ran the search. melody hobson picked laxman. this is not going to be something that i regard as being revolutionary, because if the chairman of the board, melody hobson, is for laxman, than howard's great to be able to put some heat on
. >> all right, so, obviously, howard schultz, very unhappy. a linkedin post. i think it focuses on a couple things, not just -- that america has to be fixed, but there is a notion in the notion that there has to be a little more humiliate, contrition was the word that he picked. >> more time with aprons on. >> right. and then i thought the most important line in this entire thing was that -- and we're talking about laxman narasimhan, the current ceo -- is that senior leaders,...
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May 7, 2024
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starbucks former ceo howard schultz shared his thoughts on the company's missed quarterly earnings. now, in a social media post, schultz, who has not worked for starbucks since last year, says the company needs to have a maniacal focus on customer experience. he suggested the company should improve its mobile ordering system and create some more new premium drinks. starbucks reported a decline in same store sales and slashed its full year forecast. since the report, the stock has dropped 17, bringing its market value down to about $82 billion. and the irs is issuing a final warning to collect the remaining $1 billion in unclaimed federal tax refunds. the agency reports. 1 million people across the country face a may 17th deadline to claim their refund from the 2020 tax year. typically, taxpayers have three years to claim their refunds, but that was extended for 2020 to give people a little more time because of the pandemic. i'm pam cook. that's a look at your dollars and cents, pam. >> thank you. let's get straight back to the traffic center now and see where the areas of greatest c
starbucks former ceo howard schultz shared his thoughts on the company's missed quarterly earnings. now, in a social media post, schultz, who has not worked for starbucks since last year, says the company needs to have a maniacal focus on customer experience. he suggested the company should improve its mobile ordering system and create some more new premium drinks. starbucks reported a decline in same store sales and slashed its full year forecast. since the report, the stock has dropped 17,...
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May 8, 2024
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i learned from howard schultz and steve jobs, even magic johnson around the courage and humility it takes to ask for help. it's known as the best attribute for leaders and it takes courage because if you ask for help as an athlete, you are worried you are designated that you are not ready or did not prepare and as a leader, if you are asking, same thing. if you have that humility, you are far more likely to succeed and get you an answer fast. i say that because you are so identifiable with it. you are a great reason why it is traveled from there to here and there was one point in your life where you are embarrassed to tell people that you played pro lacrosse. take me there. >> that was in 2008 when i graduated from johns hopkins. signed to a rookie deal for $6000 for the entire season. i worked my way up to becoming an mvp champion. at that rate, i was getting paid $15,000 for the season all along the way, new media and tech were disliked disrupting on. we started scratching our heads and being like my not lacrosse? i got to give credit to my older brother mike. he is my cofounder and ceo
i learned from howard schultz and steve jobs, even magic johnson around the courage and humility it takes to ask for help. it's known as the best attribute for leaders and it takes courage because if you ask for help as an athlete, you are worried you are designated that you are not ready or did not prepare and as a leader, if you are asking, same thing. if you have that humility, you are far more likely to succeed and get you an answer fast. i say that because you are so identifiable with it....
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May 6, 2024
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well, former starbucks ceo howard schultz is criticizing the coffee giant, saying it needs to renew its focus. starbucks reported disappointing earnings last week. in a post on linkedin, schultz says the company should start by fixing its u.s. business, which he says was the primary reason for the company's fall from grace. starbucks hasn't commented, but its current and ceo said last week he is mounting a turnaround, including speeding up service during morning hours to try to meet customer demand. a new at six california leaders are set to discuss a bill to regulate self-driving cars. this is a live look at the state capitol looking lovely this morning. this bill was introduced back in march and passed through the senate transportation committee, and it aims to allow local governments to create policies about autonomous vehicles since they drive our local roadways. that includes giving tickets to the cars for violations and keeping tech companies accountable. recently, waymo announced it is expanding its services on the peninsula. advocates of this bill say that it will keep communiti
well, former starbucks ceo howard schultz is criticizing the coffee giant, saying it needs to renew its focus. starbucks reported disappointing earnings last week. in a post on linkedin, schultz says the company should start by fixing its u.s. business, which he says was the primary reason for the company's fall from grace. starbucks hasn't commented, but its current and ceo said last week he is mounting a turnaround, including speeding up service during morning hours to try to meet customer...
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May 13, 2024
05/24
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schultz, reaching out with advice. >> the coffee giant reported a revenue drop of 2% in the first quarter of this year, the first drop they've had since 2020. the company's stock price has fallen more than 20% in the past five months. schultz made his comments on linkedin, where he said the stores need a new focus on customer service and an overhaul with coffee forward innovation. >> bring back the spicy drinks, right. that's all i have to say. they're there for like a day and then you pull them. taking a live look at the new york stock exchange as trading gets underway this morning, you can see that we are up about 114 points. >> well, if you think that fast food is getting too expensive, you aren't alone. now, some companies are even responding. mcdonald's plans to add a $5 value meal to its menu. the chain has faced major backlash from customers due to rising costs of certain food items. >> a big share of mcdonald's clients are low income consumers, and so those people, low income consumers, are really feeling the pinch right now. and maybe they are not necessarily eating at restaurant
schultz, reaching out with advice. >> the coffee giant reported a revenue drop of 2% in the first quarter of this year, the first drop they've had since 2020. the company's stock price has fallen more than 20% in the past five months. schultz made his comments on linkedin, where he said the stores need a new focus on customer service and an overhaul with coffee forward innovation. >> bring back the spicy drinks, right. that's all i have to say. they're there for like a day and then...
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May 6, 2024
05/24
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former starbucks ceo howard schultz is criticizing the coffee giant, saying it needs to renew focus. starbucks reported disappointing earnings last week, and in a post on linkedin, schultz says the company should start by fixing its u.s. business, which he says was the, quote, primary reason for the company's fall from grace. starbucks hasn't commented, but its current ceo said last week he's mounting a turnaround, including speeding up service during morning hours to meet customer demand, and youtube is testing out ai to help you skip to the good part. 9 to 5 google reports some youtube premium subscribers can now jump to the most watched part of a video, but only in the youtube app, so they can now double tap the right side of the screen, which normally skips ahead 10s then tap a jump ahead button that appears. youtube premium cost 13.99 a month. guys wow. okay, i think i'll just wait. i'll just watch it in real time. i think i'll wait too. or i can just scroll right. i think you could probably just scroll. patience. yeah. patience thank you. $13 a month. yeah. you got it. thank yo
former starbucks ceo howard schultz is criticizing the coffee giant, saying it needs to renew focus. starbucks reported disappointing earnings last week, and in a post on linkedin, schultz says the company should start by fixing its u.s. business, which he says was the, quote, primary reason for the company's fall from grace. starbucks hasn't commented, but its current ceo said last week he's mounting a turnaround, including speeding up service during morning hours to meet customer demand, and...
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May 6, 2024
05/24
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you know, howard schultz, i think, may be the soul of the company. he talks a lot about become a servant leader. he always says, if the company can exceed the expectations of the employees, the employees can exceed the expectations of customers. it's actually a very unique way of thinking. i think a lot of the ceos who have been in place in between the times when howard has have, in truth, been more transactional, more operational, if you will. that's considered a good thing in many ways, but on the flip side may not have that soul piece of it all. >> andrew ross sorkin, thank you so much. >> this is from the "new york times." i find you in criminal contempt for the tenth time, said justice juan merchan, who said he is concerned that donald trump has not taken heed of his prior findings going forward. this court will have to consider a jail sentence, the last thing i want to do is put you in jail. >> that's the news out of the courthouse this morning. joining us is yasmin vossoughian live in lower manhattan. that's a tough warning moments ago from th
you know, howard schultz, i think, may be the soul of the company. he talks a lot about become a servant leader. he always says, if the company can exceed the expectations of the employees, the employees can exceed the expectations of customers. it's actually a very unique way of thinking. i think a lot of the ceos who have been in place in between the times when howard has have, in truth, been more transactional, more operational, if you will. that's considered a good thing in many ways, but...
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May 6, 2024
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dani: howard schultz has some comments for his former company. a company that misses badly, there must be contrition, renewed focus and discipline. he said they should we focus on customer experience. shares plummeted last week after the first sales drop since 2020. he is still the fifth largest shareholder. the drama still has not ended in the seida of who gets to buy paramount. now paramount is evaluating the offer from sony and apollo, but a deal with sony would draw a regulatory screwed. over the weekend, warren buffett said hathaway had sold its entire paramount, saying he was responsible for losing quite a bit of money. finally, you can see where my bias is. claiming victory in miami. because -- he was going -- he was able to go on and win. charles came in third. as you are bloomberg brief. jonathan: fantastic imagery over the weekend. donald trump taking in that win. apparently that is why he won. lisa: did they prevent him from having a massive fundraiser at this event? it actually is very nice. jonathan: i just love that the former presi
dani: howard schultz has some comments for his former company. a company that misses badly, there must be contrition, renewed focus and discipline. he said they should we focus on customer experience. shares plummeted last week after the first sales drop since 2020. he is still the fifth largest shareholder. the drama still has not ended in the seida of who gets to buy paramount. now paramount is evaluating the offer from sony and apollo, but a deal with sony would draw a regulatory screwed....
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May 13, 2024
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they brought back howard schultz, the stock went up, things seemed to be going in the right direction. he left again in 2023. and man, it's a problem. the stock's gone down and the quality and the service has gone down. >> yep, not having it anymore. >>> moments aek donald trump's hush money trial resumed where michael cohen is set to take the witness stand provide key testimony, we'll be following. >>> the first game of the nfl season will see super bowl champs the kansas city chiefs face off against the baltimore ravens, the game will take place thursday, september 5th, on nbc, and peacock. "morning joe" will be right back. be right ckba shop etsy until june 16th and get up to 30% off father's day gifts that go beyond the classic go-to. save on personalized gear, and other things dads dig. when you want a one-of-a-kind gift to show him he's #1. etsy has it. ♪♪ lowering bad cholesterol can be hard, even with a statin. diets and exercise add to the struggle. the effort can feel overwhelming. but today, it's possible to go from struggle to cholesterol success with leqvio. taken wit
they brought back howard schultz, the stock went up, things seemed to be going in the right direction. he left again in 2023. and man, it's a problem. the stock's gone down and the quality and the service has gone down. >> yep, not having it anymore. >>> moments aek donald trump's hush money trial resumed where michael cohen is set to take the witness stand provide key testimony, we'll be following. >>> the first game of the nfl season will see super bowl champs the...
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May 2, 2024
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schultz is running it >> yeah, and that's the problem. it is a problem with the board, who have been complicit in that now, bringing him back over and over i think if you're going to look internally, you want to find the leader who has the greatest social capital for whom people will rally around, who is open to news, who knows the organization from the bottom up, who has been on the ground from the beginning. now, having said that, if it is me, i'm looking at somebody who is at chipotle, who has demonstrated how to do food logistics extraordinarily well, and who has navigated this tension between to go and dine-in. >> what do you think starbucks should be? i think that is also part of the question, because the experience has fundamentally changed. used to be, and howard used to talk about it being this third place, you would go and you -- it would be experiential, you would talk to the baristas behind the counter, there was this remarkable interaction at its peak when starbucks was at its best today, for the most part for me, you're goin
schultz is running it >> yeah, and that's the problem. it is a problem with the board, who have been complicit in that now, bringing him back over and over i think if you're going to look internally, you want to find the leader who has the greatest social capital for whom people will rally around, who is open to news, who knows the organization from the bottom up, who has been on the ground from the beginning. now, having said that, if it is me, i'm looking at somebody who is at chipotle,...
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May 2, 2024
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. >> since howard schultz stepped down as the ceo of this company, starbucks has lost $35 billion in market value literally in the last year. it's crazy. i think what's happened to starbucks is they're charging too much. that's a huge part of it. talk about inflation. they raised prices about a year and a half ago, and now they're stuck with these higher prices. they need to lower prices to make this whole thing work. the baristas had time, they'd talk to you, they'd write you name on the thing. it was actually an experience. you paid a premium for that experience. today the lines are long. the baristas, because the lines are long, have turned into human robots to fill the order as quickly as humanly possible. most people use the app and take the food and leave and hardly have any human experience with the whole thing. the soul of what starbucks was is what's being lost here. the question is, does it move back to that experience? i don't know if you can get that back with the app and everything else. or is it an elevated mcdonald's? that is the question. >> i am charged each morning
. >> since howard schultz stepped down as the ceo of this company, starbucks has lost $35 billion in market value literally in the last year. it's crazy. i think what's happened to starbucks is they're charging too much. that's a huge part of it. talk about inflation. they raised prices about a year and a half ago, and now they're stuck with these higher prices. they need to lower prices to make this whole thing work. the baristas had time, they'd talk to you, they'd write you name on the...