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Former Starbucks CEO Howard Schultz weighed in on the company's recent earnings miss and guidance cut, saying that Starbucks needs to focus on fixing the U.S. store experience for customers through the eyes of a merchant, not just data. He noted mobile ordering, payment experiences, and new drink development need improvement. Schultz wants Starbucks to focus on premium drinks that set it apart from competitors. Starbucks cut its full-year forecast and saw a 17% drop in stock value after a decline in same-store sales.
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Proceed 2 Checkout
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Delilah Bell
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NSW Police arrested the 45-year-old at a property in Casula, NSW on Monday April 29, 2024. <br/><br/>Support is available for those who may be distressed. Phone Lifeline 13 11 14; Men’s Referral Service 1300 776 491; Kids Helpline 1800 551 800; beyondblue 1300 224 636; 1800-RESPECT 1800 737 732; National Elder Abuse 1800 ELDERHelp (1800 353 374)
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Joe Chip
⏲ 20 minutes 19 seconds 👁 32.5K
How to EVERYTHING!
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At the end of series development, the new BMW X3 undergoes final tuning of all chassis control and driver assistance systems at the BMW Group test centre in Miramas, southern France. The fourth generation of the Sports Activity Vehicle (SAV) in the premium mid-range vehicle segment will be presented in a few weeks' time with both highly efficient combustion engines and an advanced plug-in hybrid drive. The development and test engineers ensure that all model variants of the new BMW X3, regardless of drive concept and weight, demonstrate superior handling in every situation with an intensive tuning programme. The well-coordinated functionality of all automated driving and parking systems in the new BMW X3 also contributes to a harmonious customer experience.<br/><br/>The new BMW X3 has already undergone extensive testing on snow and ice, in extremely hot regions and off-road on its way to series production. The SAV's suitability for everyday use and travelling was tested and refined in urban stop-and-go traffic as well as on winding country roads, highways and selected race tracks.
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JSP Media
⏲ 4 minutes 7 seconds 👁 248K
Techboomers
⏲ 1 minute 35 seconds 👁 641
For decades, it’s been a riddle in banking: how do you build a sustainable and profitable business serving low and middle-income consumers? Sixteen years ago, Chris Britt, then chief product officer at Green Dot, believed he’d discovered the answer—direct deposit of paychecks. <br/><br/>Green Dot was selling prepaid debit cards to cash-strapped Americans without traditional bank accounts, and Britt saw that customers who had their paychecks automatically deposited into their Green Dot accounts used the card to pay virtually all their expenses. With each debit card swipe, Green Dot pocketed part of the interchange fees–the 1% to 2% charge merchants pay to accept debit and credit cards.<br/><br/>“The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of Chime, the nation’s largest digital-only bank with $1.5 billion in annualized revenue and seven million customers using its cards for $8 billion a month in transactions.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jeffkauflin/2024/05/03/exclusive-the-inside-story-of-chime-americas-biggest-digital-bank/?sh=4f40891cfb0d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Knowing how to cut your mobile phone bill is essential as the rising cost of living puts increasing pressure on household finances
⏲ 2:39 👁 5.1M
A couple have been jailed for using drones to smuggle thousands of pounds worth of drugs and mobile phones into UK prisons.
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