Tag Archives: second-quarter

Starbucks says China business is recovering, but second-quarter will take hit to sales from coronavirus closures

Starbucks warned investors on Thursday that store closures in China due to the coronavirus outbreak are likely to result in a 50% decline in its same-store sales in China during its fiscal second quarter. However, it said that it was seeing signs of a pickup in its business in China, and it hasn’t yet detected any slowdown in the U.S. Shares of Read More


Trump is donating his second-quarter salary to the Department of Education

President Donald Trump is donating his second-quarter White House salary of $100,000 to the Department of Education, press secretary Sarah Huckabee Sanders announced Wednesday. “It’s that time again, as many of you have probably noticed, … for us to announce where the president will be donating his quarterly salary,” Sanders said. “This quarter the president will be donating his salary Read More