Starbucks suspends annual forecast as new CEO prepares turnaround plan

JOHANNESBURG — South Africa’s government says it will not help about 4,000 illegal miners inside a closed mine in the country’s North West province as part of an official policy against illegal mining. The miners in the mineshaft in Stilfontein are believed to be suffering from a lack of food, water and other basic necessities…

Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal’s “Wicked.” Universal “Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green. Universal‘s theatrical retelling of the famed Broadway musical is creating buzz ahead of its Nov. 22 release with hundreds of merchandise…

HONG KONG — Businesses and consumers in China found the annual Singles’ Day shopping festival less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth. Online service provider and e-commerce platform Alibaba started the now-famous event on Nov. 11, 2009, offering attractive discounts to entice shoppers to spend more….

The Trump administration plans to soon announce a policy that will deny work permits for asylum-seekers who cross into the US without authorization, according to two sources with knowledge of the matter. The policy, which was first reported by BuzzFeed News in August, will make asylum-seekers who do not cross into the country at a…

KUALA LUMPUR, Malaysia — A Singapore oil magnate was sentenced Monday to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub. Lim Oon Kuin, 82, was convicted in May on two counts of cheating the Hongkong and Shanghai Banking…

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney might be proving the world’s most famous investor wrong. Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the…