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Starbucks on Thursday reported mixed quarterly results as its international cafes underperformed expectations.However, its U.S. turnaround continues to take hold, as its home market topped expectations during the coffee giant’s final quarter of fiscal 2026. “We enter fiscal 2027 with momentum, a clear set of priorities and higher ambitions for what Starbucks can become,” CEO Brian Niccol said in a video shared on the company’s website.Starbucks is ahead of schedule to meet the fiscal 2028 targets laid out at its investor day in January, he said on the company’s earnings conference call.For fiscal 2027, Starbucks is projecting adjusted earnings per…

Gig workers could see changes to how they make deliveries if DoorDash’s $17 billion deal for Instacart goes through.The companies announced the acquisition on Thursday after several years of considering a deal. It would give DoorDash, long one of the dominant names in restaurant delivery, a much stronger position in grocery delivery.The acquisition would also bring together millions of gig workers who make deliveries for both companies.Here’s what we know so far about how the deal would affect delivery workers:DoorDash plans to keep the Instacart appIf the deal wins federal approval, DoorDash doesn’t plan to fold Instacart’s brand into its…

Docked and arriving cruise ships in Cozumel, Mexico.Jeff Greenberg | Universal Images Group | Getty ImagesCarnival, Royal Caribbean and Norwegian Cruise Line Holdings posted strong earnings for their most recent quarters despite rising fuel prices. How the leading cruise companies navigate fuel costs boils down to starkly different strategies.Oil prices have skyrocketed since the U.S.-Israel war with Iran began on Feb. 28. Brent crude oil reached a six-month high on Friday, settling at $116.72 per barrel. With no clear end in sight for the conflict in the Middle East, the pressure affecting cruise ships’ lifeblood seems poised to last into…

Muse, the AI agent from Meta, can do many wonderful and useful things. It can help organize your inbox, book travel plans for you, and buy you lunch.But one thing that Meta has decided it shouldn’t brag about is that it can track who unfollowed you on Instagram.About a week ago, Rachel Karten, who writes the excellent marketing newsletter Link in Bio, noticed a strange ad on Instagram. The ad encouraged people to download Muse, with an image of the fuzzy mascot holding up red and green Tinder-esque signs, suggesting you could “See who unfollowed you each week.”Finding out who…

If you’ve ever cracked open a bubbly, icy-cold “fridge cigarette,” Coca-Cola’s CEO would like a word.The beverage giant’s CEO, Henrique Braun, was asked about the phrase — a popular slang term for a can of Diet Coke — in a Tuesday interview with Yahoo Finance, and appeared unimpressed.He first answered by promoting the company’s growth, before being pressed for his thoughts on the nickname.”The consumers call it the way they want to call it,” Braun said. “The most important thing to us is that we don’t position Diet Coke in that way.””It’s a great-tasting product, which connects with the consumer…

I’ve known my wife’s parents for nearly a decade, and we’ve always gotten along, but I never imagined sharing a roof with them. That all changed last year, when my wife suddenly popped the question: “How would you feel about buying a house with my mom and dad?”We knew it would be years before we could afford the down payment on a house, particularly anywhere near Frederick, Maryland, where we wanted to live.Even though we were both lawyers in our late 30s, we didn’t have as much saved as we should have. We had each chosen lower-paying work over big-firm…

Norwegian Sky, a 77,104 GT Sun-class cruise ship owned and operated by Norwegian Cruise Line, sails the Tagus River after departure from the cruise terminal on Sept. 2, 2025, in Lisbon, Portugal.Horacio Villalobos | Corbis News | Getty ImagesShares of Norwegian Cruise Line Holdings surged about 13% Thursday after the company posted better-than-expected third-quarter earnings and raised its outlook for the full year. The cruise line reported third-quarter revenue of $2.95 billion, topping Wall Street expectations of $2.88 billion, according to analyst estimates from LSEG. Net income for the period was $491 million, or $1.07 per share.Adjusted earnings before interest,…

There are a lot of financial concerns surrounding retirement, and choosing where to live might be one of the biggest challenges.Unless you’ve managed to stockpile a large sum of money for retirement, the everyday costs of living could factor into your decision to retire altogether.US News & World Report analyzed over 850 cities based on quality of life, affordability, healthcare, retiree taxes, job market, and population and migration for retirees 55 and older to rank what cities work best for retirees.Affordability was a key factor in this year’s list, as the pathway to a comfortable retirement isn’t smooth for everyone.”It’s…

In this photo illustration, a Burger King Whopper and fries are seen in a restaurant on August 17, 2026, in Hollywood, Florida. Joe Raedle | Getty ImagesRestaurant Brands International on Thursday reported mixed quarterly results as Popeyes’ struggles offset Burger King’s successful U.S. turnaround. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.10 adjusted vs. $1.09 expectedRevenue: $2.53 billion vs. $2.54 billion expectedRestaurant Brands reported fiscal third-quarter net income attributable to common shareholders of $542 million, or $1.54 per share, up from $315 million, or 96 cents…

Merck on Thursday topped third-quarter estimates and hiked its adjusted profit outlook, as its immunotherapy Keytruda, including a newer injectable form of the drug, showed stronger-than-expected sales. The pharmaceutical giant now expects adjusted earnings to be between $2.77 and $2.82 per share. That adjusted profit outlook is up from a previous range of $2.66 to $2.76 per share. The guidance now includes a one-time charge of $400 million, or 12 cents per share, related to its licensing agreement with the Chinese cancer drugmaker SciBrunch.Merck also narrowed the low end of its 2026 revenue guidance, now expecting sales between $66.8 billion and…