A potential $10 billion sale of Starbucks’ China business could provide the company with financial firepower to accelerate its turnaround strategy, Bernstein analysts said.

US stocks fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated ...

Tariffs have emerged as a fresh overhang for Cracker Barrel Old Country Store, Inc. CBRL, threatening to weigh on margins ...

Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be ...

The coffee chain, which operates more than 7,700 stores in China, is doubling down on its "all-day beverage" strategy. With the goal of positioning coffee as a morning staple and non-coffee drinks as ...

The coffee giant is looking for a strategic partner in the high-growth market and is attracting plenty of interest from ...

Tech giant Apple has named India-origin Sabih Khan as its new chief operating officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 ...

Sweetgreen chief development officer Chris Tarrant has an appreciation for his brand’s founder-led environment, especially ...

New 50% copper duty, Starbucks China sale, Merck takeover move, and more ...

Initially, Starbucks aimed to sell a minority stake to a partner capable of driving growth in its China operations. However, ...

This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on what's ...