Business

Starbucks to open new office in Nashville, move some jobs from Seattle

Starbucks is growing its corporate footprint and plans to open a new office in the South later this year. The Seattle-based coffee company will establish an office in Nashville, Tennessee, as part of its broader plan to expand across North America, especially in the central U.S., the South and parts…

Private sector added 63,000 jobs in February, above expectations, ADP says

Companies in the private sector added 63,000 jobs in February, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 50,000 jobs. The prior month’s payrolls number was revised lower to a gain of just 11,000 from an initially reported gain of 22,000.”We’ve seen…

Amazon data centers damaged by drone strikes in the Middle East

Drone strikes damaged Amazon Web Services data centers in the Middle East, disrupting cloud operations and prompting the company to urge customers to move critical workloads out of the region. AWS confirmed that two of its data center facilities in the United Arab Emirates were directly struck, while a separate…

Dow falls 400 points, oil spike moderates amid Middle East tensions

U.S. stocks fell on Tuesday as investors eye growing tensions in the Middle East and their potential effects on inflation and global trade. The Dow Jones Industrial Average fell 403.51 points, or 0.83%. The Dow was down 1,278 points, or 2.6%, at the worst levels of Tuesday’s trading session.The Nasdaq…

Papa John’s to close hundreds of restaurants

Pizza chain Papa John’s said it plans to close hundreds of underperforming restaurants in North America by the end of next year. “We have identified approximately 300 underperforming restaurants across North America that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as…