Michelle fleury has more. Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wage Increases and investment in its cafes dragged down its overall profits. Starbucks ceo laxman narasimhan, who took over from predecessor
Hide millions of dollars received from foreign sources. Now, that information could become public as g. O. P. Lawmakers look to turn the tables on the bidens. California republican congressman daryl issa will join us in a moment. We have fox news coverage. A case that critics say is an evidence of Double Standard at the d. O. J. We begin with chad live with us on capitol hill. Chad, what will republicans do now . Trace, good afternoon. Republicans want to strike back. They view the prosecution of the former president as political. They believe there are two tiers of justice. One for the bidens and one for former president trump. House Judiciary Committee chairman jim jordan has questions for delaware u. S. Attorney david weiss. Weiss handled the hunter biden case. This Plea Agreement that was put together, that the judge said no to a week ago, i mean, i think that is hugely significant because they tried to hide information in the diversion part of the Plea Agreement instead of putting
Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wage Increases and investment in its cafes dragged down its overall profits. Starbucks ceo laxman narasimhan, who took over from predecessor Howard Schultz in march,
Desantis as the man who could prevent their future National Nightmare of a return trump trip to the white house. Now the media consensus is that trump should be the nominee because he would be the easiest candidate for joe biden to be. That is up to question giving democratic doubts of the president s age and fitness the nap spill he took at the air force academy. Media favorite to media pinata. I am howard kurtz and this is media buzz. We will look at why Kevin Mccarthy dominated the Debt Ceiling Coverage over biden and how it is being spun. Ron desantis had indicated finally taking some swings at donald trump. Much of the media is peddling the florida governor. If you say cuomo did a better job with cuomo than kobe did, first of all, that is not what he used to say. His whole family moved to florida under my governorship. You dont think they will play dirty with ron desantis. They will burn this man to the ground. Somehow desantis would be part of it by lacking. Ron desantis coming o
it is sunday, july 9th. i am ali velshi. the field of republican presidential candidates is growing. a date has when lockdown for the first republican primaries and caucuses. yesterday, the republican party of iowa announced that it will hold its first in the nation caucus on january 15th of 2024. momentum will pick up next month when the party holds its first primary debate in milwaukee, august 23rd. there is going to be a problem for the country to receive most or some of the candidates together. at least one dozen republicans should be competing in 2024 but only five of them declared candidates have met the requirements to qualify for the first debate. ron desantis, nikki haley, revak wamah swami, tim scott, and donald trump, the undisputed front runner in the race right now. it s difficult to overstate how unusual this race is turning out to be. the republican party has been impeached twice already. he s running for that position again. he is leading the pack. he has been