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Top REBusinessOnline News

Starbucks · SeattleStarbucks is taking “significant action” to turn around its struggling business, closing a large number of cafés and announcing a second round of layoffs at its headquarters as part of CEO Brian Niccol’s efforts to resuscitate the troubled chain.See the Story
Starbucks to close stores, cut 900 jobs in $1B restructuring
68% Center coverage: 267 sources

Electric Vehicles · GeorgiaIt seems like a terrible time to build an electric vehicle plant in the United States, but Rivian Automotive leaders say they’re confident as the company starts long-delayed work on a $5 billion facility in Georgia. The money-losing California-based company breaks ground Tuesday east of Atlanta despite President Donald Trump’s successful push to roll back electric vehicle tax credits. Starting Sept. 30, buyers will no longer qualify for savings of up to $7,500 per car.See the Story
Rivian Breaks Ground on $5 Billion EV Plant in Georgia as Federal Tax Credits End
63% Center coverage: 56 sources