Category: Business News

Wall Street set to open lower

U.S. stock index futures pointed to a lower open as traders eyed the release of Friday’s jobs report, due at 8:30 a.m. ET. In oil markets on Friday morning, Brent crude traded at around...

Starbucks CEO Howard Schultz to step down

Starbucks said Howard Schultz will step aside as chief executive officer of the company to focus on its high-end coffee shops as the executive chairman. Kevin Johnson, chief operating officer at Starbucks, will take...