Private jets polluted more than all flights from Heathrow, study finds
Now, a new report from the nonprofit International Council on Clean Transportation sheds light on which nations are driving the largest share of this planet-warming pollution — and which airports stand out.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Miami Herald
an hour ago
- Miami Herald
Starbucks earnings report draws sharp views from veteran trader, hedge funder
Well, there's two guys you won't see lining up at Starbucks (SBUX) anytime soon. TheStreet Pro contributors Stephen Guilfoyle and Doug Kass both trained their sights on the world's largest coffee chain, and they had a latte to say about its latest earnings report. Don't miss the move: Subscribe to TheStreet's free daily newsletter Guilfoyle, or Sarge as Wall Street knows him, said in his recent column that he didn't get his daily dose of java from the Seattle chain's outlets. "I'll be honest with you," the veteran trader said. "I get a chuckle out of people who wait in line for Starbucks. Especially if there is a 7-Eleven or a Dunkin' Donuts nearby." He added, however, that while he doesn't drink Starbucks, that doesn't mean he won't buy the stock - as long as there's good reason to do so. And frankly, he said, "there has not been a good reason for a very long time." Starbucks posted fiscal-third-quarter results on July 29, and Guilfoyle, whose career dates back to the floor of the New York Stock Exchange in the 1980s, dug into the coffee-brewing retailer reported its sixth straight quarter of lower same-store sales, but revenue was slightly better than expected as the company continued its "Back to Starbucks" turnaround program. "It's clear Back to Starbucks is the right plan," Chief Executive Brian Niccol said during an earnings call with analysts. "It is grounded in feedback from our customers and partners and it's rooted in what has always set us apart: a welcoming coffeehouse where people gather and where we serve the finest coffee handcrafted by our skilled baristas." More Retail Stocks: Home Depot has one surprising edge over Lowe's shoppers loveAT&T making move designed to outrage older AmericansLuxury giant behind Cartier, Van Cleef raises a red flag Chief Financial Officer Catherine Smith said that "the tariff environment and coffee prices continue to be dynamic." Guilfoyle noted that Starbucks hired Niccol because he had done such a good job at Chipotle (CMG) . "Burritos for the masses might not seem like a logical stepping-stone toward high-end coffee, but that's not it," he said. "'It' is about running a food-services business at scale efficiently. Niccol can do that." Niccol had helped double Chipotle's revenue while the stock price increased by almost a factor of eight. Prior to Chipotle, Niccol had been CEO of the Taco Bell division of Yum Brands (YUM) and chief marketing officer for Yum's Pizza Hut. "This quarter, we've made meaningful progress and we are ahead of our expectations," Niccol said during the earnings call. "We're moving quickly to transform both the business and our culture." Niccol said Starbucks was looking for a partner to work with in China and had received significant interest from more than 20 interested parties. The company faces a strong challenge there from the homegrown Luckin brand, (LK) which also recently expanded to New York City. "We remain committed to our China business and want to retain a meaningful stake," he said. Guilfoyle noted that global comparable store sales decreased 2%, which was actually better than expected "The top-line result just beat Wall Street's expectations while sporting year-over-year growth of 3.8%," he said. "However, the adjusted bottom-line print fell significantly short of what Wall Street was looking for." Starbucks shares are up 1% this year and up 18.3% from this time in 2024. Guilfoyle finds the company's stock chart "troubling." Related: Starbucks Beats On Earnings, but Still Sees Sixth Straight Quarter of Sales Declines He reviewed the simple moving average, which calculates the average price of a stock over a specific period and helps traders identify potential trends, support and resistance, and possible entry or exit points. "Should the stock lose its 50-day [simple moving average], portfolio managers will be forced to reduce long-side exposure by their risk managers," Guilfoyle said. "Should that line hold, that would mean that professional managers have more or less decided to defend that line. "Therefore, as a word of caution to the readership, I would not initiate or add to any long-side positions in SBUX until we know if the 50-day SMA has been defended." Meanwhile Kass, a longtime hedge-fund manager and TheStreet Pro contributor, took time out to blast both Starbucks and Niccol's former employer Chipotle, which recently missed quarterly revenue expectations. "I am passing on both - I would not bottom-fish despite the material share-price weakness," he said in a post on Doug's Daily Diary. "In summary, the two companies have morphed into overpriced purveyors of food/coffee - while the quality of their product offering has deteriorated and the selling cost of the product has risen." Kass even posted a photo of a Starbucks cheese danish selling for $3.25 and declared that "I couldn't create a danish as unappealing." "I suspect the turnarounds for both companies will take much more time than expected," he said. Related: Veteran fund manager who forecast S&P 500 crash unveils surprising update The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
USA Today
2 hours ago
- USA Today
August 2025 calendar: Back-to-school, Pumpkin Spice Lattes, college football, more
August is here, which means back-to-school season is in full swing, Pumpkin Spice Lattes are returning, and college football will be back in action! With no major holidays in August, students across the country can focus on school while still enjoying the last full month of summer. Millions are also preparing for a long weekend at the end of the month as most people leave for the long Labor Day weekend on the Thursday or Friday before the holiday, which falls on a Monday, according to AAA. Here's everything you need to know about what August has in store. Are there any federal holidays in August? No, there are no federal holidays in August. It is one of only three months, including March and April, in 2025 that do not have a federal holiday. In total, 2025 has 12 federal holidays across 11 days, according to the Office of Personnel Management. The next one, Labor Day, will fall on Monday, September 1. When does back-to-school season start? While some students return to school in late July and September, the vast majority will start in August. Most universities also begin their fall semesters in August, so it's back to class for many colleges and the start of rush season for sororities and fraternities. Parents and students can do some back-to-school shopping and get deals on specific items that will be tax-free. The following states are holding their sales tax holiday in August: See full list: States with sales tax holidays coming up. When does the Pumpkin Spice Latte return to Starbucks? Whether you love it or hate it, the Pumpkin Spice Latte will return to Starbucks' menu on Tuesday, Aug. 26. The return of the "PSL is often seen as the unofficial start to pumpkin spice season when many restaurants and other retailers start offering up pumpkin spice-flavored items. Start of college football season, US Open More sports are coming back! The much-anticipated college football season will return on Saturday, August 23. One of the biggest games that day will be Iowa State vs. Kansas State as they will play in Ireland. Other big matchups for the month include Texas vs. Ohio State, Alabama vs. Florida State and Notre Dame vs. Miami. The US Open will also return on August 19 for the Mixed Doubles Day Session at the Arthur Ashe Stadium in Flushing, New York. August religious holidays There are multiple religious holidays in August, though they are not considered major holidays in the United States. The following are some of the holidays and traditional celebrations throughout the month, according to Diversity Resources: When is the full moon in August? August's full moon, the Sturgeon Moon, will peak on Saturday, August 9, at 3:55 a.m. ET, and the new moon will fall on Saturday, August 23, at 2:06 a.m., according to the Farmer's Almanac. Other astronomy events occurring in August included the peak of the Perseids meteor shower, which occurs the night of Tuesday, August 12 to the morning of Wednesday, Aug 13. August National Days August has a few cute and fun national days, according to National Day Calendar. Including the following: See August 2025 calendar Contributing: Betty Lin-Fisher, USA TODAY Julia is a trending reporter for USA TODAY. Connect with her on LinkedIn, X, Instagram and TikTok: @juliamariegz, or email her at jgomez@
2 hours ago
Starbucks faces competition from McDonald's, Taco Bell
Fast food chains are releasing new drinks, like Taco Bell's 'Refrescas,' to compete for your beverage dollar as Starbucks reports that sales are down for the sixth quarter in a row. August 1, 2025
