Volkswagen, General Motors and other big brands are losing their grip on a once-lucrative market as Chinese consumers embrace homegrown electric vehicles.
Prices are up—and so are the wait times. But that’s just the tip of the iced-latte-berg. The coffee giant’s new CEO will have his work cut out for him.
The bank launched an investigation in March after an anonymous whistleblower alleged that two executives had been seen “hugging and kissing and exiting the elevators” of a hotel near the office.