Starbucks is closing cafes in response to coronavirus crisis; drive-thrus remain open
Some cafes close to hospitals or health care sites will remain open, according to the statement, as part of the company’s “efforts to serve first...
The fallout from Luckin Coffee's accounting scandal is spreading far beyond the high-flying Starbucks challenger, with renewed concerns about Chinese corporate governance dragging down stocks across industries and threatening to bring a halt to the country's overseas initial public offerings. The Xiamen-based coffee chain said on Thursday that its chief operating officer and some underlings...
