Stellantis CEO Antonio Filosa reconfirmed the company's 2026 guidance and longer-term cash-flow targets as U.S. shares hit an all-time low of $4.43, down nearly 60% this year. The automaker is executing a $70 billion turnaround plan focusing on regional brands, optimized manufacturing, and regional empowerment, aiming for positive free cash flow by 2027 after a 4.5 billion euro loss last year.
Nintendo's 64-bit console launched in North America on September 29, 1996, at $199, marking a pivotal moment as competitors moved to disc-based systems. The N64 became a landmark platform with iconic games like Super Mario 64 and The Legend of Zelda: Ocarina of Time, selling nearly 33 million units before discontinuation in 2002.
Large animals dominated Earth for millions of years due to advantages like heat retention, metabolic efficiency, predation resistance, and energy reserves. Most megafauna species went extinct in the last 50,000 years after humans arrived, with 91% of surviving species showing population declines that tracked human spread across continents.
Starbucks is closing 250 stores across North America, including one at 1205 The Alameda in San Jose. The closures were announced abruptly, with an economist noting that the company has struggled to maintain customer relationships since founder Howard Schultz's retirement. Starbucks plans to revamp remaining locations to create a more inviting coffeehouse atmosphere.
Motorola announced the Signature 27 flagship phone is coming to North America for the first time, responding to customer demand for a premium traditional smartphone. The device will feature the Snapdragon 8 Elite Extreme Gen 6 chip, a high-end camera system with a 50MP primary sensor and 200MP periscope telephoto lens, and AI-enhanced capabilities.
Starbucks is closing approximately 250 locations in North America as part of CEO Brian Niccol's ongoing turnaround strategy, representing 1% of its roughly 18,000 North American stores. The company cited customer experience and financial viability concerns, with closures expected to cost about $300 million in charges. Despite the closures, Starbucks reported US same-store sales growth of 7.9% in its most recent quarter as part of its broader restructuring efforts.
Starbucks announced plans to close approximately 250 stores across North America, representing about 1% of its 18,000 locations in the region. The closures follow the company's settlement of a DEI lawsuit with Florida, in which Starbucks agreed to pay $1 million and eliminate race-and sex-based employment practices nationwide.
Starbucks will close approximately 250 underperforming North American cafes, representing about 1% of its portfolio, as part of CEO Brian Niccol's turnaround strategy focused on improving customer experience. The closures, the second round under Niccol's tenure, will result in $300 million in restructuring charges, with most occurring before the end of fiscal 2026. The company is reducing its net new café openings projection to 440 for fiscal 2026, down from 600–650, while emphasizing long-term growth opportunities in North America and international markets.