Investor Nancy Tengler claims that Apple's recent stock decline presents a buying opportunity, despite its nearly 11% drop in a week. She sees potential in Apple despite the negative sentiment and also comments positively on Starbucks while criticizing Adobe's current strategy.

Starbucks CEO Brian Niccol announced plans to reclaim the brand's identity as a 'third place' for customers in response to declining in-store traffic and sales.

Starbucks has begun to transition from plastic cups to paper cups at about 580 of its locations in response to sustainability targets and local regulations. Advocacy groups suggest this change acknowledges the non-recyclability of polypropylene cups, while some environmentalists encourage a broader move towards reusable solutions.

Starbucks announced it will lay off 1,100 corporate employees as part of a restructuring effort to improve efficiency amid declining sales.

Starbucks plans to lay off 1,100 corporate employees and eliminate hundreds of unfilled positions as part of a restructuring initiative led by CEO Brian Niccol to streamline operations and improve efficiency.