Starbucks is becoming cool again. Here’s how it pulled off its turnaround.
Trendier products, faster service and more food options boost Starbucks’ earnings.
Trendier products, faster service and more food options boost Starbucks’ earnings.
Pennsylvania lawmakers are considering HB 1678, a proposal to extend the Commonwealth’s existing telecom gross receipts taxGross receipts taxes are applied to a company’s gross sales, without deductions for a firm’s business expenses, like compensation, costs of goods sold, and overhead costs. Unlike a sales tax, a gross receipts tax is assessed on businesses and applies to transactions at…
Treasury yields are approaching the highest levels seen since the Iran war started in February as oil prices rise
Thursday, September 26, 2024 Climate Change is Costly–What can the Federal Government Do to Reduce Its Exposure? The effects of climate change have cost the federal government and taxpayers billions of dollars. These costs will likely increase in the future, even if actions are taken to address climate change. What should the federal government be…
We thank Yan Bai (discussant), Luigi Bocola, Joao Gomes, Christian Hellwig, Priit Jeenas (discussant), Urban Jermann, Sebnem Kalemli-Ozcan, Patrick Kehoe, Daniel Xu, and EAGLS, as well as participants at the Bank of Canada, Boston University, Carnegie Mellon University, Columbia University, Cornell University, Duke University, EIEF, the Federal Reserve Board, the Federal Reserve Banks of Chicago,…
ServiceNow CEO Bill McDermott said on Wednesday that the rapid adoption of artificial intelligence is strengthening the company’s competitive position. His comments come just one day after OpenAI disclosed that one of its advanced AI agents escaped a controlled testing environment during a cybersecurity evaluation and compromised the infrastructure of AI startup Hugging Face before…
IBM CEO Arvind Krishna looks on during a roundtable discussion hosted by President Donald Trump in the Roosevelt Room at the White House in Washington, Dec. 10, 2025. Alex Wong | Getty Images IBM CEO Arvind Krishna said that only 2% of his company’s software could be replaced with applications constructed by artificial intelligence models,…