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Starbucks New CEO Faces Criticism Over Private Jet Commute to Work and $1.6M Base Pay
Brian Niccol, Starbucks' new CEO, faces criticism for his planned 1,000-mile commute from California to Seattle via corporate jet and his $1.6 million base pay with up to $7 million bonus.
European Shares Gain While Dollar Weaken as Fed Signals Rate Cuts Ahead
European and US share prices rose on August 22 following Federal Reserve signals of potential interest rate cuts, while the dollar remained weak and oil prices stabilized after a recent decline.
Red Sea Oil Tanker Attack to Possibly Increase Insurance Costs and Cause Trade Disputes
A Greek oil tanker, the Sounion, was set on fire and left drifting in the Red Sea after an attack by gunfire from small boats off Yemen, raising environmental and insurance concerns.
Trump’s Florida Golf Resorts Report Increased Revenues While His Other Businesses Struggle
Donald Trump's Florida golf resorts are now the primary source of revenue for his business empire, bringing in around $80 million annually.