Advertisement
Singapore markets close in 2 hours 44 minutes

  • Straits Times Index

    3,144.47
    -39.14 (-1.23%)
     

  • Nikkei

    38,505.44
    -727.36 (-1.85%)
     

  • Hang Seng

    16,300.04
    -300.42 (-1.81%)
     

  • FTSE 100

    7,965.53
    -30.05 (-0.38%)
     

  • Bitcoin USD

    62,888.02
    -2,787.85 (-4.24%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     

  • Dow

    37,735.11
    -248.13 (-0.65%)
     

  • Nasdaq

    15,885.02
    -290.08 (-1.79%)
     

  • Gold

    2,403.60
    +20.60 (+0.86%)
     

  • Crude Oil

    85.95
    +0.54 (+0.63%)
     

  • 10-Yr Bond

    4.6280
    0.0000 (0.00%)
     

  • FTSE Bursa Malaysia

    1,536.82
    -5.71 (-0.37%)
     

  • Jakarta Composite Index

    7,144.55
    -142.33 (-1.95%)
     

  • PSE Index

    6,416.62
    -145.81 (-2.22%)
     

Starbucks Follows Up Second-Quarter Earnings With 'Bridge to the Future' Letter Detailing a Fast Recovery

Rhian Hunt, The Motley Fool
·2-min read
Starbucks Follows Up Second-Quarter Earnings With 'Bridge to the Future' Letter Detailing a Fast Recovery

Brewing up some good news after the entire restaurant industry took a drubbing from COVID-19, Starbucks (NASDAQ: SBUX) published an open letter to its partners today describing its recovery following the possible recent decline in the pandemic's severity. It cites the start of the Transcontinental Railway during the American Civil War, and notes how, during the Cold War, "President John F. Kennedy united the country around a quest to the Moon." Starbucks attempts to strike an upbeat note throughout, in addition to providing some more concrete data.

Continue reading