Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.

Elon Musk’s satellite internet service isn’t the only game in town anymore. China’s SpaceSail is making big moves—launching ...

Analysis of moon samples collected and returned to Earth by China's Chang'e 5 mission shows "at least one hydrous mineral, ...

Starbucks announced Monday it will lay off over 1,000 workers and cut complex and unpopular drinks from its menu in an effort to turn around lagging sales and revamp the coffee chain.

Alongside the removed drinks, Starbucks has also included colorful additions to its menu. The updated menu will now include ...

As Starbucks Corp. tries to turn things around this year, executives on Tuesday said lots of smaller moves were adding up to a bigger payoff, even as it prepares for job and menu cuts and tries to ...

Starbucks plans to open 500 new stores in the Middle East and "many more thousands" in China, said Brian Niccol, the ...

In the coming months, Niccol plans to slash 30% of Starbucks’ menu to simplify its offerings, reduce wait times and improve customer experience.