Starbucks shows signs of a rebound under CEO Brian Niccol, with US same-store sales growth, strong growth in China, and plans for new drinks and food offerings. Niccol must now use Starbucks’ private aircraft for all travel due to security concerns. The company aims to add 25,000 seats to US stores, launch a revised rewards program, and remove $2 billion in expenses over the next two years. Analysts believe Starbucks can achieve 5%+ revenue growth and an EBIT margin of 13.5%-15.0% by fiscal year 2028 through innovation and operational improvements. 1. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling by 500 points due to concerns over rising inflation rates and the impact of the ongoing trade war with China.

2. A new study has found that over 70% of Americans are not saving enough for retirement, with the average savings rate for those aged 55-64 being only $107,000, far below the recommended amount of $1 million.

3. The United Nations reported that global greenhouse gas emissions reached a record high in 2019, with a 0.6% increase from the previous year, despite efforts to reduce carbon emissions and combat climate change.

4. The World Health Organization declared the coronavirus outbreak a global health emergency, with over 7,800 confirmed cases and 170 deaths reported in China, sparking fears of a potential pandemic as the virus spreads to other countries.

Read more at Yahoo Finance: Starbucks CEO Brian Niccol talks Starbucks turnaround after its Investor Day