Can Starbucks be turned around?

Investors cheered when Brian Niccol was named chief executive of Starbucks last August. Mr Niccol, then the boss of Chipotle Mexican Grill, a restaurant group, had earned an almost messianic reputation for turning around struggling hospitality businesses. The world’s biggest coffee chain, increasingly derided for its tired stores, slow service and pricey brews, desperately needed…

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Will the trade war capsize shipbuilders?

ALL QUIET on the western waterfront. And the eastern one, too. Across littoral America, stevedores are twiddling their thumbs. They have President Donald Trump to thank for this unexpected breather. It is the foreseeable consequence of his unprovoked trade world war. Eastbound shipments from China, his biggest target and source of 40% of America’s seaborne…

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