if you look at the numbers, that fundamentally will increase the terminal value of starbucks.ave announced we're going to return $20 billion to shareholders over the next three years in terms of share repurchases and dividends. we're bullish in the future, confident in this investment that paid off for us the investment we're taking today will also pay for us >> i thought the quarter itself was good we have to a piece called crouching margin, hidden earnings -- i know the company offset -- but the guy was -- i found it like this, it's an investment year. there's nothing wrong with calling an investment year you have to do it in order to beat everybody, but you have to own the fact that you are going to do that, and it is not going to give you the same level of growth that you'll get in 2023 don't you have to own that >> we do own it, but it accelerates the growth we have some slight margin compression from our typical 18 to 19% -- this year will be 17%, we're offsetting much of those investing with productivity in our stores and pricing actions but there is a slight margin com

same thing as starbucks. what the government really does like the government wants more of that >> that's really our model, jim everywhere around the world. the beauty of this master franchise model is we have local owners and operates who understand the consumer locally. they buy products locally. they employ local team members and dominos really becomes a great engine for economic growth in the country's that we operate in i think governments around the world appreciate that. >> you also gave what i felt was the most, i'd say clear and realistic approach to what's going on with labor in this country in your conference call. you touch the third rail you said something i feel we don't have that much in way of immigration. immigrants have taken jobs at dominos. then they build up then they become millionaires from driver to millionaire we don't have enough people at the top of the funnel anymore, do we? >> it's a challenge. in the u.s. with minimal population growth, we need immigration in our industry to cont

a receipt from starbucks dated february 9th at 9:17 p. m.lesley missed work. where did you find that receipt? >> that receipt was found inside of a purse, inside of lesley's purse. inside of her closet. >> so presumably it was lesley that went to starbucks? >> exactly. >> it was 6am when they finished collecting their evidence and night turned to day in hollywood. what had dawned on these detectives was that this may not have been the happy home of a happy couple. a visit with aasha's mother vivian gave them a glance. >> lyle put a certain spice in the food. when she asked him what spice he had in the food, he couldn't tell her. >> vivian knew certain spices triggered lesley's debilitating migraines but vivian also knew, and was the only one who did know, this fight over spices was a symptom of so much going on between mr. and mrs. lyle herring. things had not been good between your daughter-in-law. >> no. they had financial problems. >> to say these were financial problems is to understate what had been happening. vivian said lesley had tol

we'll take a break come back and talk about starbucks. it's selling off big time today after missing its revenue estimates and a bunch of price targets have been cut, as well we have ownership on the committee. we'll talk about allf at xt oth ever wonder how san francisco became the greenest big city in america? just ask the employee owners of recology. we built the recycling system from the ground up, helping san francisco become the first city in the country to have a universal recycling and composting program for residents and businesses. but it all starts with you. let's keep making a differene together. ♪ ♪ ♪ >>> welcome back i'm rahel solomon and here is our cnbc news update at this hour trump critic and republican representative adam kinzinger will not seek re-election. he is one of two republicans on the congressional panel investigating the january 6th insurrection on capitol hill he joins a small amount of critics bowing out regulators are asking transit agencies to conduct inspections in the wake of the washington, d.c., derail

buy the best most encuring american brands like disney, starbucks, and put nike in there as well. they also seem to have it figured out in terms of this new emerging digital style of doing business they've now kind of had to kind of set back and consolidate a little bit as they have some stops and starts in that new strategy and digitizing. meanwhile, the pure growth names in the kind of younger generation of competitors, chipolte and netflix are pretty close to one another over a two-year basis pretty firmly in the lead. >> mike, obviously starbucks one of the names that is down sharply today, and amazon and apple there as well. and you have to look at today's market overall, even though it's offered ties as pretty impressively resilient in face of some of those very big cap declines >> for sure. it's the big misses that i think do get our attention obviously microsoft and alphabet piled on massive amounts of market money, but i think in aggregate, what you're able to see is fourth quarter earnings projections are going up over the course of this month slightly not much but they'

. >>> coming up, a change at starbucks. >> also ahead, the sex abuse scandal in pro hockey. the player revealing his identity as the accuser saying he was assaulted by his coach. how he says the team responded. >>> and later this >>> and back now with a change at starbucks. employees will be making at least $15 an hour by next summer and their base pay could reach $23 in some places. it comes amid the ongoing labor shortage. starbucks is also offering seniority raises and $200 recruitment bonuses. >>> the rising cost of labor is one factor leading mcdonald's to raise menu prices. it's expected to increase prices by 6%to offset wage increases and higher supply costs. >>> we turn to the sex abuse scandal in pro hockey. a player is now going public revealing himself as the accuser in the case that's already led to the downfall of the team president. here's abc's andrea fujii. >> reporter: this morning the pro hockey player at the center of a sexual assault investigation is speaking out in an emotional interview. >> i felt sick. i felt sick to my stomach. >> reporter: former chi

i'm melissa bell tonight we are all over the after hours action, amazon, apple and starbucks. apple's call just getting underway amazon's kicks off in less than 30 minutes we are dialed in plus merck is popping. one of ours says this rally is just getting started we start off with an earnings alert on apple the shares are down to the tune of 3.5%. >> let's get to the results. the results are 1.24 revenue of $83 billion versus $84 billion. se ipad was 2.85 billion. i had a chance to catch up with apple's ceo tim cook he talked about supply challenges the company is facing tim cook said longer than expected supply chain results are estimated to be around $6 billion. cook told me those have completely improved and cook said the chip shortages linger on it is unclear how long they will last it is complex. you have to know how the economy is going to be in 2022 we are all competing for chips as for the outlook cook told me they expect solid year over year revenue growth and expect supply constraints to be greater than the september quarter. despite that, cook told me they are proje

. >>> coming up, a change at starbucks. >> also ahead, the sex abuse scandal in pro hockey. player revealing his identity as the accuser saying he was assaulted by his coach. how he says the team responded. >>> and later this morning, tom hanks crashing a wedding. [♪] cooking and eating at home more often means food odors get trapped in your home's fabrics and released back into the air so you smell last night's dinner the next morning. for an easy way to keep your whole home smelling fresh try febreze fabric refresher. febreze's water-based formula deeply penetrates fabrics to eliminate trapped food odors as it dries. spray febreze fabric refresher when you clean up after meals to ensure your entire home smells fresh and clean. try febreze fabric refresher. brand power. helping you buy better. two loads of snot covered laundry. only one will be sanitized. wait, what? adding lysol laundry sanitizer kills 99.9% of bacteria detergent alone, can't. why hide your skin if dupixent has your moderate-to-severe eczema, or atopic dermatitis under control? hide our skin? not us. becau

i'm melissa bell tonight we are all over the after hours action, amazon, apple and starbucks.

everybody loves a warm cup of joe from starbucks. actually don't do starbucks. 12-week-old rottweiler and this is an adorable moment, for the first time, this rottweiler is trying his very first cappuccino. it is a mix of water and whipped cream. while owners should be careful how much dairy they give their dogs, and occasional one is considered safe and not only is it safe for all you dog lovers, it's free. >> where is it free? >> are you listening? >> no, i wasn't. >> then you need to focus, it's starbucks. >> starbucks now serves dogs. >> it's not illegal. >> the william shatner empire. [laughter] >> because a bit of a mess. >> it's free. >> there is no pumpkin shortage in westchester county, york county. my grandchildren, geraldo, these are my little pumpkins news with geraldo and you're my little pumpkins. that's liam and ella, she's 6, he's 4. in the back is the big boy, and a couple of weeks he will be 9 years old. they are at stewart's fruit farm in yorktown heights in westchester. there's plenty of pumpkins and the kids are having a ball, and the season

one that jumped off the screen a starbucks. this is evidence of how investors will react if you disappoint on the cost and outlook. starbucks is sharply lower. the yield remains a big story. we are looking at inversion of the fed. there was it about growth. as you noticed, we are watching apple and amazon. two heavyweights in the market, losing more than $100 billion in combined market value after they started notice that it will be eight light holiday season for investors. it was it just -- disappointing earnings. margin expansion was the name of the game, so price to perfection is maybe just that investors are becoming used to the very best from these two companies. this is a bit of a reality check. >> i've seen price to perfection from a lot of people over the past couple days. x i will say over the last 20 some years, i have been watching amazon turn on and off the prophets tap. it is not able to do the at will. the interesting thing here is that apple missed out on sales due to supply issues. that is what we have been sing

james and terry, i was at a starbucks. the other day in san francisco. they have taken away all of their tables. true story. this is by at the ballpark. they've taken away all their tables an4 ask them why are you doing that? >> when is that happening. she said according to the person at starbucks, we got tired of asking people whether or not they have the vaccination cards. so just to make it easier on those employees for starbucks at that location. they just at everybody grab their coffee and leave. so not really not new as far as that practice guys know and you're not outside starbucks. but will i know when your reporting you like to get a little coffee, a little food. you're right there. >> you're right there. and also, can you pull double the rain has the rain today. yeah. it's very late at this time. you don't see my hoodie up. believe me. i'm trying to fight off a cold. so if it was raining, my hoodie would be up. it's a little cold this morning. >> but we're good to go. so john shrable is money. so far. he says it's the next front is coming in. b

for starbucks, down a similar magnitude. the bigger issue is wage inflation.he company saying spending on wages will depress profit margins next year and it expects to raise prices to compensate. more than a 7% drop for starbucks today. >>> all of this said, today is the actual halfway point in earnings season. bob pisani is here with a granular look at the trends, what we have learned from earnings so far and the stock reaction to it >> yeah, kelly, there are two main trends and takeaways here number one, demand is strong across all industry. that's the number one takeaway secondly, you heard about the supply chain issues. they're trying to navigate with them against them. some are more successful than others i think the most important thing is profit margins are a tad lower but still very strong, close to historic levels earnings growth still there but the guidance is slowing down a little bit if you look at the fourth quarter, that's what we care about right now. we will be up close to 23% in earnings growth. that's pretty good but nothing close to what we

cite a wind project within 30 miles of a starbucks coffee shop."pends a lot of his time fighting industrial wind coprojects. >> the demographic that is in the willing to pay a premium price for quality coffee is the same demographic that typically has the education and financial wherewithal to organize and resist irresponsible wind projects. >> we met him at this wind farm in southern michigan, which by the way is a 31 minute drive from the nearest starbucks. >> people who look at some of these wind proposals figured out quickly that one of the reasons their community is being targeted is it is poor and they are perceived as being desperate for revenue. they think we are a bunch of rubes and hicks out here. >> since the first american wind farm started spinning in new hampshire and in 1980, the most powerful supporters of so-called green energy have successfully prevented wind farms are being built near their farms. >> the consensus that global warming is being accelerated by the burning of fossil fuels. >> when developers proposed a wind farm with

we've seen it with exxon, starbucks, facebook. of companies buying back shares area this is me they just don't have anything else to do with their money -- buying back shares. is it me or do they just don't have anything else to do with their money? >> stay with us. in rome with the president. this is bloomberg. this morning. -- good morning. >> president biden is in rome where a group of g20 leaders will try to come up with a deal on climate. the g20 runs the risk of falling short. how much is up in the air. the push to end and achieve zero emissions. that is according to the u.s. taipei. manufacturers are concerned about a possible leak of trade secrets. chevron posted the biggest profit in more than eight years. surging gas prices. it chevron is now considering whether to increase its share backs. it is currently buying back as much as 3 billion a year. apple is falling while microsoft hasn't changed. if the result holds up, the software giant will have a market cap of just under $2.5 trillion beating out apple. the lies micros

starbucks employees are set to get a raise in january.years service can receive 5% bump. those with at least five years can get up to 10%. by next summer the seattle chain will pay all workers at least $15 an hour. >> diane king hall, thank you so much. >>> a live look at san jose. construction can restart next year for a largdownwn area. platform 16 would consist of three ofbuildings and google. e ys ey'reitech coacs le as they plan to shift away from remote work arrangements. >>> don't be alarmed if you hear sirens in palo alto area. they're conducting campus set of the emergency system. seven sirens will be tested for about 30 seconds each. the test occurs every october. >>> hundreds of thousands in new england still in the dark after a nor'easter strengthened into a bomb cyclone and tore through the region. >> folks should remember the storm isn't finished and crews are working to make roadways and other infrastructure safe. >> though the nor'easter is winding away from shore, another storm is predicted to follow in its wake. the seco

starbucks shares down 7 1/3% by the way what's interesting is that starbucks and amazon are actually two of the top holding in the direct daily consumer discretionary bowl 3x shares etf this ticker symbol, how appropriate, is want, after sink ing to an all-time low back in march of 2020, want hit a lifetime record this past tuesday, so somebody is spending let's get to dave matza, the managing director and head of product, he's joining our floor show along with traders scott shellady. dave, what do you think is propelling this etf and by the way for those who don't quite understand how it works, it is definitely for those who are bullish on consumer discretionary spending, because whatever moves go up, it's 3x, three times that move that you gain. tell me what you think, dave. >> that's that's correct, this etf is designed for tactical traders so folks who have the ability to monitor their portfolios on a daily basis, and what's interesting as you know is this fund and it's underlying index, the consumer discretionary indexes has rocketed to all-time highs as there's been a lot of re

starbucks having trouble finding employees like everyone else and will raise its minimum pay to $15 an hour nationwide. you can't ignore starbucks also facing some union organizing nationwide as well. >>> a twitter watchdog group has analyzed long time attacks on megan the duchess of sussex. she's been described as the most trolled person in the world online. the analysis showed 83 accounts were behind 70% of the attacks on twitter. the haters getting retreated by others to reach 17 million twitter users. >>> a venture capitalist went online called dads who take time off losers. he was amplifying a message by podcaster joe rogan. this is the fellow seen here. that's his tweet. so the tweet says, wow, great for fathers to spend time with their kids and support moms, but any man in an important position who takes six months of leave for a newborn is a loser. now he cofounded palo alto's -- with peter teal. you may recall that he founded paypal. he's a very unusual fellow. we'll find out more on our podcast sand hill road. as we all know, dads who take time off to spend time with their ch

i was as 186 and lex, and people were handing out krispy kreme flyers in the starbucks, and they weresuch nice people -- just put it that way starbucks thinks that any concerns about chinaer overblown. >> why why should i not have concerns >> kevin is continues howard shultz' policy of showing reffance to the whole families of the associates. when they go there, they are very conscious of the fact that the people -- it's a root up to do well, but i don't president to say they play by the communist rule, so to speak, but it's been a very good relationship the main thing in these notes is you fog can on america the rewards program is doing better, the two makes lines, i think that matters, and david, i have a triple cappuccino with skim wet, it was like so me. >> that's been your drink for a while. >> all of them don't know it's called a cramer. >>> all right. we're going to keep an eye on shares of starbucks this morning, and of course you hear the applause building here at the new york stock exchange on this holiday it doesn't -- a lot of people are not in the office, but as is typica

. >>> starbucks boost. why the coffee giant is raising pay for their workers right now. >>> plus, with the holidays around the corner what could be a record-setting spending year for americans. and the big question, will there be enough items on shelves to buy? ♪ i'm coming up so you better get this party started ♪ >> and hanks for crashing. who likes long walks on the beach and walking into a wedding? tom hanks. why the couple is saying that the actor showing up to the ceremony was a sign. ♪ >>> good morning, america. it's good to be with robin, george and you this thursday morning. >> and you, michael strahan. good to be with you. >>> we are tracking the latest on the severe weather and the tornados lashing the gulf coast. this is a look at the destruction in hard-hit lake charles getting hit again after all they've been through after hurricane after hurricane after hurricane. we'll have much more on that in just a few moments. >> they've been hit so hard. >>> we begin though with the breaking news on cap

you can't ignore starbucks also facing some union organizing nationwide as well.group has analyzed the online attacks of megan the duchess of sussex and found just a few accounts were responsible for most of the attacks and those accounts sometimes coordinated with each other. megan has been described as the most trolled person in the world online. the analysis showed just 83 accounts were behind 70% of the attacks on twitter, the haters getting retweeted by others to reach 17 million twitter users, this according to the company bot sentinel. a venture capitalist went online and called dads who take legal time off to care for their children losers. he was amplifying a message by the podcaster joe rogan who is also apparently unfamiliar with good parenting. this is the fellow joe lawnsdale seen here. lawnsdale was apparently referring to transportation secretary pete buttigieg. the tweet said, great fathers spend time with their kids and support moms, but any man who takes an important position and six months of leave for a newborn is a loser. lawnsdale cofounded p

starbucks is think they will increase the amount they are paying to laborers to nearly $17 average hourly pay. that's going to happen in the summer. this is as we have a stubborn labor shortage and companies looking to raise wages to entice them in. all of this discussion continues to pivot around the world of supply chain, the issue of reopening. to talk about how quickly we can rectify things is our next guest. stick with us. this is bloomberg. ♪ caroline: last week we brought you special coverage of the supply chain crisis from california where a record number of cargo ships are waiting to unload. we talked about the chip shortage. >> used and new car prices have gone up. there isn't relief in the immediate term because we know we have the microchip shortage on the new-car side that will prevent people from buying new vehicles and that is trickling to the used-car side. used-car prices are high also. it's tough out there for car shoppers. caroline: we want to dig into that. our guest knows the chip sector like no other. we are seeing from ford this is going to go on until 2022 or 2023.

i was now homeless and undocumented working at starbucks kpix 5 survive .ber at one point i cannot afford food and i was sleeping in my friend's car. >> reporter: the decision took courage but it left the teenager homeless, struggling daily through classes. during the senior year at richmond high school. >> sometimes i couldn't sleep so i would go to school with coffee. my teachers who might watch this they will say yes that was her. >> reporter: school and work have yendi afloat graduating in ap courses and hitting the wall. classes were tough into cpr's lien on parents for support broke the heart of yendi. >> i cannot say hello, mom and dad come and have them send anything encouraging. >> reporter: yendi said the hurt never goes away but blogging helps. loving this new home and leaning into life. >> it definitely was something that i am grateful i went through it when i share my story, people look at this is something they think i should be ashamed of but i think it makes me so much more of a person because i went through all of that and i still doing wha

starbucks announced they are closing two of the stores being unionized. the company called the move a coincidence. and those are some of the headlines. this is democracy now, democracynow.org, the war and peace report. i'm amy goodman. i am joined by nermeen shaikh. nermeen: welcome to our listeners and viewers around the world. amy: we begin today's show looking at the growing economic and political crisis in lebanon. earlier today, at least five people died and over a dozen were wounded in beirut after snipers attacked a protest where demonstrators were calling for the removal of the judge investigating last year's deadly port explosion. today's protest was in part organized by hezbollah. clashes continued in the streets of beirut for hours after the snipers first opened fire. the deadly attack comes just days after lebanon's state-run electrical grid collapsed resulting in a 24 hour nationwide blackout. while electricity has been partially restored, much of the country still faces long stretches without power. according to the world bank, lebanon is co

there are starbucks workers attempting to unionize in buffalo. we have been seeing what's happening out there. these starbucks locations, they are requiring mandatory antiunion meetings while their workers are on the clock. how is stuff like this legal? how is it legal? or you have amazon that was lobbying to kind of put up usps kind of postal boxes, which is why that whole election got overturned, the abuse of power in order for them to intimidate workers. so these key provisions from the pro-act and reconciliation on the act overall would really protect workers and really penalize workplaces that use these tools to try to dismantle the labor movement in the way that they have tried to, and the way that they have eroded it over the last 20, 30, 40 years. host: congresswoman alexandria ocasio-cortez earlier this week. dave jamieson, she talked about the pro-act. we are at a time when things are being cut from budget reconciliation as democrats try to come up with a deal. is there any chance this is left on the cutting room floor? and what else is

starbucks announced it is boosting wages for workers in u.s.mployees earn at least $15 an hour with average of nearly $17 an hour by summer. hourly rate will vary from 15 to $23 an hour based on tenure and market. >>> shipping backlog on toys and candy continues to hit businesses hard. a toy store in sacramento was not playing around when they filled out their inventory with the stock room full of boxes. they are confident they made the right decision to lock in holiday shoppers. >> we just kind of took a gamble and said let's put big orders in and we're going to hope we made the right decision. now we are thankful that we did that. >>> santa cruz plans to doto worke to go green by buying electric bikes to ride to work. go santa cruz program says those enrolled can get 200 to $400 rebate. bike loans up to $1,500 are also offered. >>> 5:46 is the time. let's get a check on weather and traffic. >> we begin with mary lee with a look outside this morning. >>> good morning. i love bringing you good news. we are looking at beautiful conditions today.

netflix announcing a book club this in partnership with starbucks.bers will be notified whenever netflixs announces its next screen adapitation and a merchandise agreement with walmart, it's clear that netflix is one working to extend the reach of its brands off of its platform and build the kind of fly wheel that has made disney so profitable and, two, going where the eyeballs are walmart, starbucks, giant multi-national platforms and all about scale. >> yeah. and crypto getting some help from silicon valley in washington elon explains. >> the world's biggest crypto fun developing a national tratgy for the next generation and what that should look like. top executives including katie haun and ceo anthony albanese meeting at the white house and ad agencies this week. the agenda includes advocating for risk-base regulation for example, nfts probably don't need the same amount of scrutiny as stable coins and the sec or any of the existing agencies may not be right for the job >> we think it's going to be important to recognize the great diversity of us

perhaps not even selling starbucks.t put cream in the wrong vessel, thinking that is fighting price increases or what have you. they just came out with a study in the white house that said the average tax rate, the top 400 people is only 8.4%. but when you look at it, it's a grand enterprise in cooking numbers. the wall street journal took it apart. that's how they spend their time up there, cooking up stories, demagoguery, distorting facts instead of addressing the real problems. where are they on addressing the shipping problem or trying to unclog the ports. the answer is they're absent without leave. todd: i wonder if christmas is ruined for enough people if the backlash against the administration grows exponentially. it sounds like i'm making a joke. i'm not. i'm serious. >> the grinch is married to joe biden. todd: i had to do the matt math there. >> that was not intended. todd: great to see you as always. we appreciate it. carley over to you. carley: let's turn on to some entertainment headlines. sir paul mccartne

shares are higher 8% starbucks, shares sinking after missing revenue in the third quarter. fiscal 2022 outlook coming in short also shares down by 5%. i love those pumpkin spice la tays >>> and western digital down, it's one of the many companies seeing the impact of supply chain troubles the shares down more than 10%. >>> still on deck, squid games success. not just big for netflix, but also crypto investors. details when "worldwide exchange" returns. at cdw, we get how to achieve calm amidst the chaos of a hybrid workforce. google chrome os orchestrated by cdw brings you built-in proactive security with no reported ransomware attacks ever and simplified management with fast deployment and zero touch enrollment, so that nothing disturbs your peace. for built-in security and fast deployment, trust chrome os and i.t. orchestration by cdw. >>> halloween is the deadline for ocean carriers waiting at the ports to move out a total of 60,000 containers if not, they'll be slapped with penalties for any box not unloaded it's one part of the biden administration's plan to jump start

starbucks is giving workers a raise as restaurants nationwide are struggling. workers with at least two years of employment could get up to a 5% boost in pay. those with at least five years could get a 10% pay hike starting in late january. they're also offering referral fees like a $200 referral fee if you find them someone. the average pay for all workers will average between $15 and $23 an hour by next summer. mcdonald's recently said that some locations have had to close early because of labor shortages. mastercard is launching a new card for people who are behind or visually impaired. the card will be available next year and has physical notches to help people determine the correct way to insert them into scanning machines. mastercard decided against using braille because research has found that many people who are blind actually don't use braille, which is really interesting. >>> coming up next, we're tracking some warmer temperatures. kari hall joins us with the details. >>> we're starting out with a nice cool morning across the bay area with temperature

. >>> starbucks is raising wages for baristas here in the u.s., bringing the pay floor to $15 an hour by the summer starbucks says it will also offer a $200 referral bonus and recruiters across all u.s. markets. the moves come as eateries struggle to find workers amid rebounding demand and certainly, courtney, with a lot of competition from retail offering $15 an hour, not to mention in case of target and mcdonald's offering, you know, some credits for college as well. >> absolutely, such a tight labor market and the benefits and pay will make a difference, i imagine, if you're deciding between some of these jobs bertha, thanks so much. >>> back to the markets and your money as investors gear up for another day of earnings and momentum to potentially propel the indee sess to new highs. they look at the first estimate for third quarter gdp figures amid continued supply chain constraints. for more i'm joined by bill stone. bill, it's great to see you this morning here we have a big day coming up ahead but let's start with the economic data, the gdp number. what are your expectations >>

we used to consider howard schultz as more of an outlier at starbucks or bernie marcus, they used tolder meetings were called corporate love fests they were a lot of fun they were revered. you can find people like sam walton and others there was this classic landmark these days they find you can do both and surprisingly a lot of people in the airlines, doug barker today like herb callahan earlier, david neilman of jetblue fame -- >> here's the thing i can't figure out companies like starbucks beloved, done lots of things for employees over the years and now you have remarkable labor, movements across the country including starbucks in buffalo a labor movement against starbucks, a company that's done amazing things in terms of providing education and health care to their workers long before anybody else was ever doing it southwest, a company that was beloved, supposedly, now having battles with their own employees and labor and their unions so something is happening here even the ones that we put up as examples of doing the right thing for employees and being loved may not be anymore

how does that impact starbucks >> that's what we're going to be looking at starbucks has high wages relativestries in the fast food or restaurant business that's not as much of a problem it's whether they're getting their workers in and people are coming to work you talked about urban locations. showing strong in store sales growth but they need that because there was none in cities for a year plus. that's going to be important i think they'll talk about even coffee and the pricing there and distribution ability so i think this is a critical quarter to listen to what they're saying about what growth they expect over the next six months as people start to come back to work and whether that's behind or ahead of schedule. >> which of the stocks would you buy ahead of earnings today? >> i think that if i were to put money on it, i would say amazon would be number one and then apple and then starbucks. >> karen, thank you, great to see you. >> great to see you, becky >>> coming up on the other side of the break, the s.e.c. reportedly drawing the line on crypto etfs when it comes to leverage as we

certainly haven't been playing fair with nike, starbucks and apple.have earned the favor of china's government starbucks in particular spent years trying to do what's right in china which means engaging in an employee's whole family it's worked from them and my dad used to do a ton of business with the chinese they treated him great there's clearly a code to be cracked here and most of our companies can't seem to crack it take a step back for a moment. if we're going have real serious trade talks with china as president biden seems to favor we need a simple set of ground rules. first, no talks if the chinese keep trying to bully and intimidate taiwan, our great ally and enough with the fighter plane flyovers and forgot the war games and drop the hostile rhetoric we know the chinese government wants taiwan but they should take their cue from the rolling stones because you can't always get what you want. second, we need a big show of good faith from the chinese. ideally china should approve boeing 737 max and order a top of them. the chinese need planes

well, guess what, starbucks year-ahead multiple is about 29.r sentiment on this i think is actually quite good, not withstanding what i see as a little consolidation phase the past few months. as long as they don't have missteps in execution, i think they will continue to march to higher multiples on the missteps, you look at kevin johnson, and as i've told you my daughter is a barista there, i'm so proud of her i see what they're doing from the other side of the counter, and it's amazing, just the experience that they are producing for customers is amazing, and it will continue to be so. >> the other call i wanted to highlight is sofi was initiated overweight in a week in which you're going to get bank earnings sofi gets initiated overweight at morgan stanley. they call it the fastest grow story in consumer finance. joe, you own it, john, you have calls. john, you go first >> i'm a believer in sofi. i know our friend cathie wood is also a believer in this name when you look do at those other na names in finance, this one is going to be moving

use it on lunch or starbucks. that's it for the news at noon. we are on 24-7 on cbsn bay area. streaming on cbsn. > >>> the next newscast is at 3:. have a great afternoon. bay area homeowners learn how your neighbors are accessing $100,000s with a reverse mortgage loan from the bay area's #1 reverse mortgage lender. lemme tell you something. i wouldn't be here if i thought reverse mortgages took advantage of any american senior. or worse, that it was some way to take your home. a reverse mortgage loan isn't some kind of trick to take your home. it's a loan like any other. big difference is how you pay it back. discover if a reverse mortgage loan is right for you. use it to eliminate monthly mortgage payments pay of credit card bills, medical costs and more. with a reverse mortgage you can pay whatever you can when it works for you, or you can wait and pay it off in one lump sum when you leave your home. find out more, call aag for your free information kit i'm proud to be a part of aag. i trust 'em. i think you can too. call now! [ upbeat music ] >> thomas: i want to show you s

paypal is down 16% from its high crowd strike is down 15.5% from the high starbucks was down 12% what do you think about these names in the magnitude of their declines off of their best levels >> this is part of the game, number one number two, maybe it would be good to think about the percentage they're up from their low. >> of course. >> at the same time if you think of the percentage they're off their high scott, very few people have what it takes to have 500% gains in stocks very few people can do that because what's required if you're attempting to do that or two ingredients that don't come easy one is patience and the other is emotional fortitude to live through the drawdowns. there are no massive winners throughout history that you didn't have to ride down 50% of times. netflix is hitting a record high and that stock had been cut in half on eight separate occasions over the last decade cut in half, not down 15%. this is what comes with the territory and when you look at the nvidias and the crowd strikes and the netflixs of the world and chipotle, oh, my god some of the biggest

he went to a starbucks with his wife and friends. while outside, he suddenly appeared to pass out.lled. he was seen sitting up and talking with firefighters. at last report, he was undergoing tests. >> we hope he is doing okay. >>> it's the hottest new show that's streaming. how many times has "squid game" been watched? it's astonishing. >>> the romantic city "bridgerton" no longer the most watched show. >> it's "squid game." it's the biggest series launched on netflix. the nine episode series had 111 million views in four weeks. that smashed the 82 million fans. those creepy uniforms are expected to be a hit this halloween. >> i was just talking to two of my co-workers over the weekend. they say you have to watch the show. >> i'm sticking with "bridgerton." not doing it. >> i haven't seen it. >> i like "bridgerton."

we met at starbucks. >> you could see she was quiet, reserved. that was her personality. you could see that beneath that there was so much. >> reporter: sitting across from jessica, a shy high school junior reeling from the shock of being selected sra scholar an achievement diana would keep secret at first from everyone including her family. >> i didn't tell anyone because i didn't think i was going to get it. i was scared like how do i tell this to mom? >> struggling with parental and cultural expectations that including work, not higher education. >> i didn't grow up with anyone, seeing anyone else go to college. i was like everyone in my family works really hard. i was like i will just work hard. no one gave me the conversation of college. >> reporter: no one so committed to the college conversation. >> remember i didn't knowgoing >> reporter: until jessica who helped in ent college graduate loving her first realjob and apartment in los angeles. now meeting jessica's 7-month- old daughter for the first time, both saying hello to the young woman jessica now considers to

well, starbucks is raising pay will hike pay to $17 an hour to try to retain and attract workers and those races start in january. denny's is celebrating veterans day with free food veterans can get a complementary, build your own grand slam breakfast on november 11th other chains like bob evans, starbucks probably many more will have deals for veterans as well. and we'll hear about this in the coming weeks. now. apple working on augmented reality glasses that could pictures into your eyes. that's going to recent patent application filed by the company. apple insider discovered this application. they say that it was for a direct retinal projector. now that means it would skip the need for lenses in the glasses. live from the nasdaq. i'm jane king back to daria. thank you, james. >> 7.20, is the time in san francisco's district attorney chase of a teen will likely face a recall election next year. more than 80,000 people, including 2 former city prosecutors have signed the recall petition and that's more than enough to get the recall on the june ballot, those pushing for a recall beli

. >>> starbucks employees are getting a raise. starting in january employees with at least two years service may receive up to a 5% bump in pay. those with at least five years can get up to 10%. by next summer the seattle based chain will pay all hourly workers at least $15 an hour. head to cbsmoneywatch.com. i'm diane king hall. >>> it is 4:46 on friday eve. let's get a check of our weather and traffic. >>> good morning to you. we are looking at a beautiful day ahead. get ready for that. gorgeous weather. if you liked yesterday i think you will like today with temperatures a little bit warmer than yesterday and we are looking at the warmest day of the week with high pressure building in for us. a live look with our mark hopkins hotel camera looking a the san francisco. we are starting our day with mainly clear skies. here is what you can expect as we help you get ready for the day. we are looking at high pressure strengthening and building in for us. today temperatures will be warmest of the week and a quiet weather pattern setti

kumasi: starbucks is raising wages. the company says by next summer, workers will make at least $15 an hour and up to $23 for an hour depending on location. julian: a shortage of 911 operators is causing a delay in police responses across the country. mona kosir-abdi has the struggles leading some emergency calls to ring and ring. >> i was absolutely terrified. >> one mom says earlier this month when her daughter was having a seizure, she could not get through to 911. >> i remember screaming, what do i do? i need them to talk me through what to do. mona: 911 officials say in addition to staffing shortages, the calls were not answered, "due to a large volume of calls received within a 15 minute period, which overloaded carl takers -- call takers." they called back the initial color within three minutes, but there was no answer. several calls were made finally connecting with a collar. mona kosir-abdi, abc news, new york. kumasi: chapo, says it has come up with toothpaste that will not ruin the taste of orange juice. they

even the starbucks. the trial is scheduled to resume next tuesday. >>> let's take you outside. a gorgeous look at sfo. our chief meteorologist jeff ranieri will join us with what to expect for tomorrow and the all important halloween forecast. stay with us. >>> okay. i know we just finished the tokyo summer olympics and now we have the winter olympics. 100 days until beijing. today, ice skaters, bay area olympians at the holiday ice rink at san francisco's union square. janelle wang was the emcee. we are sending her to beijing, opening ceremony and the winter olympics begin in february in beijing, china. >> that will be really fun! >> we just finished tokyo but this is really cool. >> 100 days from now we have beijing. >> it's going to feel like a true winter olympics. 42 for the high. a low of 22. monthly rain about .3 of an inch and the possibility of snow early in month. >> to be clear if you're tuning in. that was not the bay area forecast. that was beijing's norfolk. >> so follow janelle for the latest. we are sending her there and we'll have the live reports. in the bay a

de buscar ofertas en este tipo de establecimientos >> lo creas o no y más tiendas de un dólar que starbuckss estadounidenses compran en tiendas de dólar al menos unas dos veces las razones más comunes son económicas y convenientes una investigación de consumo rico que comparó tiendas de dólar con algunos supermercados cercanos encontró >> que el monto de la compra total las opciones de cada artículo podían ser bastante limitadas >> consumer report dice que no es necesario hacer una lista de compras más bien la recomendación aquí es ser estratégico y flexible >> no hay muchas tiendas de un dólar que venden frutas y verduras frescas pero a menudo tienen algunas opciones de ambas en la sección de congelados y pueden ser igual de nutritivas >> si necesitas alguna medicina sin receta en lugar de las tradicionales marcas (...) (...) opta por medicamentos genéricos que tienen el mismo gradiente activo y que a menudo son mucho más baratos y siempre verifica la fecha de vencimiento >> las ofertas de las tiendas de un dólar suelen ser una muy buena opción para nadia torres >> hacemos otra pausa este

i was no homeless, undocumented , lgbtq, working at starbucks, doing cross country, taking four ap classes i remember at one point i made a chip bag last an entire week because i could not afford food, and i was sleeping in my friend's car. >> reporter: their decision to courage, but also left the young teen homeless, sleeping most nights in a friend's car, struggling daily through classes on just 3 hours of sleep. during their senior year at lps richmond high school. >> sometimes i couldn't sleep, so i would go to school with a massive iced coffee. i'm pretty sure all my teachers who may watch this will go yes, that was her point >> reporter: fueled by coffee and determination. school and work kept yendi afloat. they graduated with ap courses they d a wall. classes were tough, and seeing supporokhear. di't ha moand da i don't ke i have them say anything encouraging. it hurt a lot. >> reporter: she said that the hurt never completely goes away, but blogging about their experiences help. they are now in their fourth year at cal, eyeing harvard for graduate school, living their new home, and

the incident left the courthouse and nearby starbucks without water. the trial is set to resume next tuesday. >> it may be hard to believe, but we're 100 days away from the winter olympics in beijing. with he know it feels like the summer olympics just wrapped up because it did. >> it really d the winter games are just around the corner. as was the case in tokyo, the number one priority is dealing with the covid virus. tickets will be sold to only people who live in mainland china, vaccinated athletes and participants will be allowed to move around freely in areas that are closed off to them while those unvaccinated must quarantine for 21 days ahead of the games. >> the termtion for china and the chinese people is impressive. >> beijing is the first city to host the winter and summer olympics. the 2008 summer games were there. i was there to celebrate local heroes as we count down to beijing 2022. >> you've been a buzzy woman this year. >> they have made huge impacts in places like china town, helping people in businesses survive this pandemic. christy

the courthouse and a nearby starbucks is without water. so everyone left the courthouse.ext tuesday. >> sfo is about to do something no other u.s. does, installed sound proofing. not at the airport, at nearby homes. sfo originally installed residential noise installations at house located nearest the runways in the 80s and early 90s. now to bring that work up today. they're expected to improvement work on some 200 homes over the next few years. >> and we will be right back. snifrment. >>> tonight at 7:00, hamburgers and politics is not a good mix. in and out's decision to close indoor dining at several of the east bay locations, in & out said they will not ask for vaccination status. that is coming up at 7:00. >> up next on nbc "nightly news," new guidance from the cdc. why some americans may need a fourth shot. what that means for your familiarly. lester holt joins us right now from new york. >>> tonight, the major new developments on the deadly movie set shooting involving alec baldwin investigators now saying it was a live round fired from the gun baldwin was given tha

. >> i remember when we met at the starbucks near her house.ery quiet and reserved. that was her personality, but you could see that beneath that , there was so much. >> reporter: sitting across from jessica that day, a shy high school juniors still reeling from the shock of being selected and sra scholar, and achievement diana would keep secret at first from everyone, including her family. >> i didn't tell anyone, because i didn't think i was going to get in. it was very scared, how do i tell this to my mom. >> reporter: the first- generation college hopeful struggling with parental and cultural expectations, that expected work, not higher education. >> i didn't grow up with anyone , seeing anyone else go to college, so it's like, everyone in my family works very hard. i was like, i'm just going to work hard. nobody gave me the conversation of college. >> reporter: no one so committed to that college conversation, anyway. >> i didn't know what i wanted to do it all. >> reporter: until jessica, whose encouragement and guidance help to diana blo