Howard Schultz Urges Starbucks to Fix its U.S. Business

The former CEO calls for a "focus on customer experience" in a LinkedIn post after the company's earnings miss. 


 
Singtel Taps Head of Australia's Broadband Operator for Optus

Singapore Telecommunications has appointed Stephen Rue to lead its Australian telecom operations as part of efforts to rebuild the unit's reputation, which suffered because of a network outage that affected millions of its customers. 


 
Westpac's First-Half Profit Falls, Lifts Buyback

The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback. 


 
Qantas to Pay Civil Penalty for Selling Tickets on Canceled Flights

Australia's major airline will pay a civil penalty of $66.1 million to resolve court proceedings with a regulator which alleged the airline had advertised tickets for more than 8,000 flights it had already canceled. 


 
Boeing's Big Space Test: Using Starliner to Ferry NASA Astronauts

The spacecraft is set to take a crewed flight to the International Space Station after years of delays and falling behind SpaceX. 


 
ABC News President Kim Godwin Is Stepping Down

Godwin's move came months after a corporate restructuring that effectively stripped away much of her management autonomy. 


 
Steward Health Care to File for Bankruptcy as Soon as Sunday

Steward Health Care System, the largest U.S. physician-owned hospital operator, is planning to file for chapter 11 protection as soon as Sunday, people familiar with the matter said, marking one of the biggest hospital bankruptcies in decades. 


 
The Google Antitrust Verdict Looms. Here's What to Look For.

A federal judge could issue a ruling this summer in the government's landmark case. 


 
Consumers Fed Up With Food Costs Are Ditching Big Brands

After years of price increases, food companies say more consumers pull back. Fast-food chains and snack makers plan new deals and flavors. 


 
Retailers Scale Back Self-Checkouts to Curb Irritation-and Theft

Problems with the technology are prompting companies including Target and Walmart to change their operations or ditch the stations.


(END) Dow Jones Newswires

05-06-24 0315ET