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The Latest Breaking News from Mellody Hobson

Analysts revise Starbucks stock price target after preliminary results

Here's what could happen next to Starbucks' shares.

The Street

Chipotle CEO to take over at Starbucks

Starbucks founder Howard Schultz says Chipotle's Brian Niccol has his "respect and full support"

Salon

Starbucks Stock Soars After Tapping Brian Niccol as Its New CEO

Starbucks stock is surging Tuesday after the coffee chain named current head of Chipotle, Brian Niccol, as its next CEO. Here's what you need to know.

Kiplinger

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Michael Fassnacht to resign as head of World Business Chicago

The veteran advertising executive is expected to remain in his post through at least February to ensure a transition to his successor.

Chicago Sun-Times

Fortune’s CEO shares conversation highlights from the 2023 Most Powerful Women Summit

This week’s episode of the Leadership Next podcast features snippets of three interviews from the recent Fortune event.

Fortune

What Starbucks’s CEO learned about humanity while training to be a barista in stores around the world for 6 months

Laxman Narasimhan also discusses international expansion and shares that a Starbucks opens in China every nine hours.

Fortune

Starbucks CEO Laxman Narasimhan says he spent six months as a barista to 'immerse' himself in the business—and 'get really good at coffee'

Narasimhan joins Fortune's Leadership Next podcast to talk about the company's purpose, its business in China—and his coffee drink of choice.

Fortune

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Forbes estimates Broncos are worth $5.1B, 13th-most in the NFL

One year after the Broncos were sold for $4.65 billion, Forbes estimates that the team is now worth $5.1 billion.

USA Today Sports Media Group

The best parenting rules we’ve learnt from Prince Harry and Meghan Markle

We may not see much of Archie and Lilibet but Harry and Meghan have shared a lot of insight into how they parent them

GoodToKnow

The mutual benefits of Hamilton's NFL ownership foray

The Denver Broncos don't feature in the 2023 Super Bowl but, after Lewis Hamilton bought into the NFL organisation last year, it established an American Football link to Formula 1.

Autosport

Russell Wilson is confident Broncos owners will hire the right coach

"We’ve got some amazing people at the forefront of this change," Russell Wilson said of the ownership group leading a head coach search.

USA Today Sports Media Group

Meghan Markle’s Archetypes podcast: Every episode, ranked!

Luciana Bellini unpacks all nine episodes so you don’t have to, from the Duchess’s key takeaways to the best lines from her guests

Evening Standard

Meghan Markle admits she might 'rethink her parenting style' for Archie and Lilibet

Speaking on her Spotify podcast Archetypes with business mogul Mellody Hobson, Meghan Markle joked about how she would bring up her children Archie and Lilibet in the future

Daily Mirror

Starbucks names Indian-origin Laxman Narasimhan as new CEO

Laxman Narasimhan will join Starbucks on October 1, replacing Howard Schultz, who will continue as interim chief until April 2023. Full story on Dynamite News:

Dynamite News

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USA Today Sports Media Group

Meet the Broncos’ ownership group

Meet the Broncos' ownership group

The Denver Post

Broncos could officially be bought by Walton-Penner Ownership Group on Aug. 9

Pending approval by the NFL’s Finance Committee, the Walton-Penner Ownership Group’s will have their purchase of the Broncos finalized Aug. 9 in Minneapolis, according to a league source.

The Denver Post

Sean Keeler: Dream big, Broncos Country. The only limits are Rob Walton’s pockets.

DENVER — If Russell Wilson gives Broncos fans reason to hope, the Walton-Penner group agreeing to buy the Broncos gives them license to dream.

USA Today Sports Media Group

Rob Walton releases statement after agreeing to buy Broncos

"Having lived and worked in Colorado, we’ve always admired the Broncos. Our enthusiasm has only grown as we’ve learned more about the team, staff and Broncos Country over the last few months."

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USA Today Sports Media Group

Pending new Broncos ownership group will include Mellody Hobson

Mellody Hobson, 53, is the co-CEO of Ariel Investments.

USA Today Sports Media Group

Rob Walton group agrees to buy Broncos for $4.65 billion

A group led by Walmart heir Rob Walton has agreed to purchase the Broncos for $4.65 billion. The sale is subject to NFL approval.

Chicago Sun-Times

Broncos sold to Walmart heirs for reported record of $4.65 billion

The price tag far surpasses the $3.1 billion sale last month of Chelsea FC, one of Europe’s premier soccer clubs.

Tribune News Service

Sanders, investors warn Starbucks on response to unionization

Coffee chain Starbucks Corp. is facing calls from Sen. Bernie Sanders and investors to refrain from infringing on employees’ efforts to unionize, as it and other companies are under increasing pressure to improve human capital management.

Roll Call

Sanders, investors warn Starbucks on response to unionization - Roll Call

Sen. Bernie Sanders and ESG investors are urging Starbucks to stop what they call "union-busting" actions as employees try to organize.

People

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Organisations

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