Finance

Starbucks Sells Majority of China Business for $4B

Starbucks announced Monday $4 billion deal with Boyu Capital in China, selling 60% stake. CEO Laxman Narasimhan has explored strategic partnerships.

Chipotle Sees 'Significant Pullback' in Younger Customers

Chipotle's stock dropped 17% Thursday. The burrito chain reported weaker revenue and cut its sales forecast for the year. See why young customers are bailing.

McDonald’s Begins Cash Rounding Amid U.S. Penny Shortage

With the end of penny production in the U.S., McDonald’s and other retailers are rounding cash transactions to the nearest five cents. Here’s what to know.

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