Starbucks CEO Howard Schultz quite literally handed the keys to the company to his successor on Wednesday. Reaching into his pocket during the company's meeting of annual shareholders, Schultz plucked the door key to Seattle's Pike Place Market store, the company's original location, and handed it to president and chief operating officer Kevin Johnson, who will officially succeed Schultz in early April.
“That has been in my pocket for 35 years,” he said.
Schultz has never shied away from turning the usually drab annual investor meeting into a show of its own — a choreographed event that has long mixed emotional video, lofty commentary on the state of the nation and even pop star surprises for its shareholders. Read More...
Explore More Federal officials shut down the Burning Man festival in the Nevada desert Saturday after torrential rains turned the site of the annual arts and music event into a treacherous, muddy pit and organizers told more than 73,000 participants to shelter in place. Those heading to the festival this weekend were told to “turn around and head home,” by the federal Bureau of Land Management, the public agency which manages the land where the event is held. Read More...
Scientists are using drones and other technology to study great white sharks along the coast of Southern California to better understand interactions between these marine predators and people and assess the risks to human beachgoers.
The two-year study by the Shark Lab at California State University Long Beach deploys drones to track the sharks from the air and also tracks them with underwater robots. In addition, the scientists tag sharks with a transmitter to follow their movements. Read More...
