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Charli D'Amelio, Age 17, Of Fairfield County Is Outearning Top CEOs By Millions Charli D'Amelio, Age 17, Of Fairfield County Is Outearning Top CEOs By Millions
Charli D'Amelio, Age 17, Of Fairfield County Is Outearning Top CEOs By Millions A teen social media star from Connecticut is outearning some of the most successful CEOs in the US by millions of dollars, according to new reports by Forbes and the Wall Street Journal. With 133 million TikToker followers, 17-year-old Fairfield County resident Charli D'Amelio, of Norwalk, who started posting to TikTok in 2019 -- has the video-sharing app's largest following, Forbes says. Last year, she brought in $17.5 million. The median pay for chief executives of S&P 500 companies in 2020 was $13.4 million, the WSJ reports. Darren Woods was the highest-earning CEO of 2020, brin…

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by Cecilia Levine
Business
COVID-19: Starbucks Closing Up To 400 Stores In Shift To Takeout Strategy COVID-19: Starbucks Closing Up To 400 Stores In Shift To Takeout Strategy
Covid-19: Starbucks Closing Up To 400 Stores In Shift To Takeout Strategy Starbucks will close up to 400 of its traditional cafes due to fallout from the novel coronavirus (COVID-19) pandemic, which has put a stop to indoor dining in many areas. The company announced on Wednesday, June 10 that it will open dozens of pickup-only stores and renovate or move other existing stores in the United States and Canada in the next 18 months. “Starbucks stores have always been known as the ’third place,’ a welcoming place outside of our home and work where we connect over a cup of coffee,” said Kevin Johnson, the CEO of Starbucks. “As we navigate through the COVID-19 crisis,…

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by Joe Lombardi
Business
Starbucks Will Close More Than 8K Stores For Day Of Racial-Bias Training Starbucks Will Close More Than 8K Stores For Day Of Racial-Bias Training
Starbucks Will Close More Than 8K Stores For Day Of Racial-Bias Training More than 8,000 Starbucks will be closed during the afternoon for one day next month as the company conducts racial-bias education following racial complaints at several stores and the highly publicized arrests of two African-Americans at a Philadelphia store. The training will be provided to more than 175,000 employees across the country on Tuesday, May 29, led by nationally recognized efforts, and will become part of new protocols for new employees, company officials announced on Tuesday. The two men arrested at the Philadelphia location were arrested after sitting in the store without bu…

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by Zak Failla