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Brian Niccol’s quick success at Chipotle has not made fixing Starbucks any easier

Brian Niccol’s quick success at Chipotle has not made fixing Starbucks any easier

Wall Street had little doubt that Brian Niccol was the right executive to fix Starbucks’ triple shot of trouble: downbeat sales, operational bottlenecks and a fading coffee house identity. That has not made Niccol’s task any easier. Niccol’s status as a turnaround extraordinaire is well-deserved. After reviving the Taco Bell brand, Niccol became revered for…

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Asia markets live: Federal Reserve, Australia CPI

Asia markets live: Federal Reserve, Australia CPI

Asia markets start Tuesday trading in the red Asia markets started the trading day lower. Japan’s benchmark Nikkei 225 fell 0.61%, while the Topix lost 0.76%. South Korea’s Kospi fell 1.09%, and the small-cap Kosdaq slipped 0.88%. Australia’s S&P/ASX 200 lost 0.42%. —Lee Ying Shan Opening calls Good morning from Singapore. Asia markets are poised for a weaker open. Japan’s benchmark Nikkei…

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Jim Cramer explains why Trump’s trade deals didn’t bring on a market rally

Jim Cramer explains why Trump’s trade deals didn’t bring on a market rally

CNBC’s Jim Cramer examined Monday’s market action and said he thinks the U.S.’s major trade deals failed to move stocks because investors’ focus is elsewhere this week. “Right now, we’re presuming these tariffs don’t matter,” he said. “What matters is earnings, unemployment, the Fed meeting and — you know what — dead last, tariffs.” The…

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