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Starbucks' new CEO plans to work as a barista once a month

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[ad_1] Judge rules Starbucks violated federal labor laws Judge rules Starbucks violated federal labor laws 01:14 The new CEO of Starbucks is going to try his hand at being a barista. Laxman Narasimhan said in a letter to investors he plans to work at Starbucks stores every month – a divergence from the typical schedule of an executive. Narasimhan, who was previously an executive at PepsiCo ,  said before becoming CEO of Starbucks, he trained at the company for six months. Part of that "immersive experience" was learning how to be a barista.  March 20 was his first day leading the company, but he promised to be back in a green apron soon – and frequently.  "I have...

McDonald's CEO says Israel-Hamas war is having a "meaningful" impact on its business

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[ad_1] McDonald's CEO Chris Kempczinski said the restaurant chain is seeing a "meaningful business impact" in the Middle East and elsewhere related to the Israel-Hamas war . In a letter posted to LinkedIn, the executive said Thursday that "misinformation" related to the conflict has affected several of McDonald's markets across the world. Companies including McDonald's and Starbucks have faced boycott campaigns from both pro-Palestinian and pro-Israel groups over their perceived support for one side or the other following Hamas' Oct. 7 attack on Israel . "This is disheartening and ill-founded," Kempczinski said in the letter.  Kempczinski didn't disclose how much the conflict has hurt sales. McDonald's is expected to report its earnings later this month, which could reveal more about the effect of the conflict on its operations.  McDonald's did not immediately respond to...