Starbucks reports 1Q profit surge on strong sales and app growth
Starbucks posted an 82 percent rise in fiscal first quarter earnings to $983.1 million or $1.30 per share, on revenue of $4.8 billion as customers flocked to expanded food and drink offerings. The company aims to boost lunchtime and evening traffic with new baked goods, sandwiches, and beers in some U.S. stores, plus a larger mobile app and loyalty program. Chief operating officer Troy Alstead will take extended unpaid leave after 23 years.
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Seattle
Starbucks Corp
Starbucks
Troy Alstead
Alstead
Japan
Eurozone
Greece
Portugal
Ireland
Alliance
United States
Britain
ECB
Europe
Luke Bartholomew
Aberdeen Asset Management
NTSB urges new locating gear for long range planes
The NTSB urged requiring tamper resistant satellite transmitters on long flights over water, low frequency underwater beacons, 90 day battery life, and cockpit video recorders. They favor ejectable black boxes and real time data transmission before a crash, noting cost could hinder adoption. The push comes after Malaysia Airlines flight 370 vanished.
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Washington
U.S
Malaysia Airlines
National Transportation Safety Board
Joe Kelly
NTSB
ECB launches broad stimulus to revive euro economy
The European Central Bank announced a 60 billion euro a month bond buying program starting March, aiming to lower borrowing costs and lift inflation. Draghi vows to extend purchases if needed, while markets rally and the euro weakens on expectations of cheaper exports and renewed growth.
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Frankfurt
Germany
Europe
European Central Bank
ECB
Mario Draghi
United States
Euro
UU 15 ales 136 432 1541 ties 400 990s
A compact, numeric note records counts and ties with no clear context. The figures include 136 432 1541 and 400 990s across unspecified categories. The lack of identifiable names or events limits interpretation.
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