Just four years ago, Starbucks seemed to be losing its mojo. Howard Schultz, the man who made Starbucks a household name, returned to the company as CEO. He closed hundreds of stores, streamlined operations and set the company on a path to record revenues and strong profits.
Starbucks serves 60 million beverages a week, which adds up to big profits. The company reports its earnings Thursday. In a bid to further expand its consumer base, Starbucks has a new roast and plans to produce more retail products to sell outside of its coffeehouses.
The value of Iran's currency â€” which had been sliding steadily for months â€” took another plunge this week. Faced with new economic sanctions from the U.S. and Europe, the rial now seems to be in free fall.
But at least part of the dive could be linked to currency manipulation by the government itself in an effort to fund candidates in upcoming elections.
In images posted on the Internet, hundreds of Iranians are seen gathered outside the headquarters of the Bank Melli in Tehran Monday. They wanted to buy dollars, but there were no dollars to be had.
Greece is broke. But there's no blueprint for a country to declare bankruptcy, so Greece's creditors are sort of making things up as they go along.
"You're taking some sort of loss," Hans Humes of Greylock Capital Management told me. "But it's like, how much of a loss do you take? There's this thing called sovereign immunity. You can't go in and take the Acropolis."
Alice Waters has moved from the kitchen to the garden to the soap box in her 40 years as a pioneer of the sustainable and locally grown food movement. But on one recent night, The Salt found her "hanging" in the National Portrait Gallery in Washington.
Heart disease remains the leading cause of death in the U.S. But who's at the most risk?
A study in the lastest New England Journal of Medicine offers a simple way to predict the risk of a fatal or debilitating heart attack or stroke for a middle-aged person over the rest of his or her life.
Men are more apt than women to lose thinking ability as they age, according to new research. And that mild cognitive impairment often leads to dementia.
But people can reduce their risk of mild cognitive impairment by staying healthy and educated, according to Rosebud Roberts, a professor of epidemiology at the Mayo Clinic who led the study. "There is a lot that people can do," she told Shots.
A day after delivering his State of the Union address to Congress, President Obama took his message on the road. Obama hoped that stops at manufacturing sites in Iowa and Arizona would drive home his point that the government should do more to encourage factory jobs.
The three-day trip also includes stops in Colorado, Nevada and Michigan. Those are all states likely to be important in the November election.
Obama kicked off his road trip at Conveyor Engineering and Manufacturing, a factory in Cedar Rapids, Iowa.
Originally published on Wed January 25, 2012 5:26 pm
Treasury Secretary Timothy Geithner told Bloomberg Television today that he's "pretty confident" he won't be asked to stay in his job if President Obama is re-elected for a second term.
"He's not going to ask me to stay on, I'm pretty confident," Geithner said. "I'm confident he'll be president. But I'm also confident he's going to have the privilege of having another secretary of the treasury."
Dudley Butler is quitting his job tomorrow. Never heard of him? He's President Obama's appointee to run the division of the U.S. Department of Agriculture that governs antitrust issues in the meat industry. He was part of a cadre of high-level bureaucrats charged to expose and fight agribusiness monopolies. In fact, he was the last of that group.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
MELISSA BLOCK, HOST:
And I'm Melissa Block.
Cairo's Tahrir Square overflowed with Egyptians today. Traffic was snarled for miles as people jammed bridges and streets. The crowd marked the first anniversary of the popular uprising that drove Hosni Mubarak from power.
And as NPR's Soraya Sarhaddi Nelson reports from Cairo, many people did not come to celebrate.
Arizona Rep. Gabby Giffords took to the House floor Wednesday one last time to say good-bye, for now, to her colleagues. It was an emotional scene as she handed in her resignation, a little more than a year after being gravely injured in an assassination attempt.
Now, to a former Republican presidential candidate. Governor Rick Perry didn't generate enough support to stay in the race, and he's returned to Texas somewhat tarnished. But as NPR's Wade Goodwyn reports, his political opponents would be fools to underestimate Perry's power in Texas.
In a wide-ranging discussion with All Things Considered's Robert Siegel, Ron Paul, the Republican congressman from Texas, said of all the GOP hopefuls, he's been the steady one.
"All I know is that the message is powerful," he said in response to a question about the viability of his campaign. "The message is well-received. Our numbers are growing, and we don't go up and down like a yo-yo."
Florida's GOP primary has become a battleground for the four remaining Republican hopefuls in the 2012 presidential race. The state's size and population are much larger than other primary states', and TV advertising is expected to play its largest role yet in the campaign.
NASA ended the U.S. shuttle program in 2011, leaving roughly 9,000 workers at the Kennedy Space Center without jobs. Many in Cape Canaveral hope the private space industry will blossom, and lead the way back into space, and back to work.
Seven people die every day in Florida from prescription drug overdoses, by one estimate. Many of those deaths have been linked to pill mills â€” medical facilities that illegally prescribe or dispense strong narcotics. Local authorities are taking steps to combat the crisis.
In a statement timed for release at the end of their most recent meetings, Fed policymakers also said they expect economic growth in coming quarters "to be modest," that the jobless rate will "decline only gradually" and that inflation will run "at ... or below" levels the central bank wants to see.