Coffee x Business ☕️
This Week in Review ☕️ : Starbucks Baristas take charge | Indian CEOs lead the Tech Industry | Panic spreads around Global Banking | The New Deadly Fungus on the loose | Germanys Biggest Bank falls |
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Coffee x Business☕️: Starbucks CEO plans to pull barista shifts in stores every month.
PS. Umm freakiest episode of Undercover Boss ever?
With 40 hours of barista training under his belt, new CEO Laxman Narasimhan told employees that picking up shifts will "keep us close to the culture and our customers."
Personally, we've always believed, there is no better person than a South-Indian to run a coffee chain successfully.
More importantly, we now have another Indian at the help of the ship:
💡Satya Nadella- Microsoft
💡Sundar Pichai- Google
💡Arvind Krishna- IBM
💡Shantanu Narayen- Adobe
💡Neal Mohan- Youtube
💡Aman Bhutani- GoDaddy
💡Anjali Sud- Vimeo
And the latest to join the club: Laxman Narasimhan- Starbucks.
PS. Here's to a CEO who knows how to work a frother. You have our respect! 🙌🏻
However, working alongside staff could be problematic, given that over 200 locations have voted to unionize against the coffee chain for unfair working conditions, staffing issues and low wages.
When millennials figure out they're not gonna get paid $30 an hour to fetch coffee lmao
"I'd really prefer it if he stayed out of our way and instead spent 40hrs learning about worker's rights and how NOT to commit thousands of unfair labor practice violations in a year"
Michelle Eisen, Starbucks Union organizer
Like it or not, Starbucks is urban living. The Seattle-based giant has ingrained itself in our daily lives one frothy macchiato at a time.
So, when Starbucks goes on unionized strikes or runs out of almond milk, it's nothing less than a national emergency.
Tbh, who da f**k can even blame employees to unionize when peeps come in demanding orders like this.. 👇🏻
Banking💰: Deutsche Bank shares slump as panic spreads in the sector.
💡Silvergate
💡Silicon Valley Bank
💡Signature Bank
💡Credit Suisse
💡First Republic
5 bank failures in less than a month. And now Deutsche Bank is teetering. Probably nothing.
PS. Drinking a shot of sambuca every time a bank goes bust. Starting to get SOZZLED out here. Send help
With $1.4 trillion in assets and $880bn in assets under management, Deutsche Bank is Germany's biggest bank.
Stock fell by 15% in early day trading last Friday- the biggest drop in three years. Customers in the US withdrew a collective $98.5bn (around 0.6% of total deposits) from banks for the week ended March 15, CNBC.
Deutsche bank in the dumps. Yellen holding closed door emergency meeting. This isn’t gonna end well folks
Despite Deutsche Bank being the latest victim of the market’s panic, analysts claim there is no reason for concern.
The move is mostly irrational; "Deutsche Bank is not another Credit Suisse. "
Basically, ordinary citizens will carry the costs as the bailout will force the Central bank to bamboozle money out of thin air and push inflation even further 💰
Politics 🇺🇸: Donald Trump held the first 2024 election rally in Texas this past weekend.
Photos of the rally in Waco of Trump and his supporters holding their hearts with the January 6 insurrection anthem playing in the background have gone viral.
We repeat- the insurrection theme, NOT the US national anthem.
If this isn't blatant terrorism, we don't know what is.
Vladimir Putin is a war criminal. Donald trump is a terrorist. These are two undeniable facts.
The US spends almost $1 TRILLION on its “military” every year but the White House fell in an hour to the shirtless spear-carrying shaman and the dude in the chewkkake underwear 🙈
That should inspire confidence in the 2024 elections y'all
Background💡: On Jan 6. 2021, as pro-Trump mobs stormed 1400 Pennsylvania Avenue, the world watched a shocking riot unfold on live television and their social media feeds.
The overall sentiment being that Trump incited his supporters (many via his raving mad tweets) to march to Capitol Hill and wreak havoc.
Personally, we blame every senator who failed to impeach Trump TWICE for what's about to happen this year. If these dimwits had done their job, he wouldn't be able to run again.
Let the never-ending torture begin. Like Groundhog Day.
Key Quotes by Trump from his rally:
💡“When this election is over, I will be the president of the United States. You will be proud [..] and the criminals who are corrupting our justice system will be defeated"
💡”2024 is the final battle"
💡"I was asked the other day 'Who's our biggest threat? Is it China? Is it Russia?' No, our biggest threat are the high-level politicians that work in the US government"
💡"Either the Deep State destroys America or we destroy the Deep State"
Our Thoughts💡: The truth is that Trump does not give speeches. He makes up fake stories which showcase an alternate reality.
In these fictional movies, he plays the hero of the country defeating enemies like "Crazy Nancy", "Crooked Hillary", “The Deep State" and "Sleepy Joe."
Current POV💡: Watching 'Interstellar' on Netflix instead of the Trump rally because we prefer to see something rooted in reality
Health🦠: 'Candida Auris': the deadly fungus infection spreading at an "alarming rate" in the US. It is especially dangerous for very sick people, CDC says.
Soooo now the CDC is saying there's a highly contagious fungus with a KILL RATE of 60% sweeping the nation.
When bank failures and Trump's arrest aren't enough.. Release the damn fungus 🌡🌡
If it gets inside the body, the yeast-type fungus can affect the bloodstream, the nervous system and several internal organs.
The World Health Organization (WHO) estimates that its mortality rate ranges from 30% to 53% of patients affected by an invasive infection.
According to the CDC, there have been outbreaks in more than 30 countries.
Our Thoughts💡: Us reading the news about a new deadly, drug-resistant disease on the loose👇🏻
Quicker Bites:
Harry Potter star Daniel Radcliffe and long-time girlfriend are expecting their first child.
Silicon Valley Bank sold to First Citizens.
Nashville school shooting: 6 killed by 28-year old in Tennessee.
Disney is the first to terminate 7,000 employees.
NATO criticizes Putin for ‘dangerous and irresponsible’ nuclear rhetoric.
UN officials head to Ukrainian Nuclear Plant as safety concerns grow.
Record heat waves push India closer to limit of human survival.