Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
The company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
Apple CEO Tim Cook was the commencement speaker at Tulane University Saturday. In his speech, the tech executive focused on the importance of addressing climate change and...Power Playersread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Some analysts see streaming services like Netflix becoming hindered by one of the things that made them so popular in the first place — binge watching.Entertainmentread more
There is a shortfall of cybersecurity workers that could reach as high as 3.5 million unfilled roles by 2021. A start-up called Synack provides crowdsourced security, and...CNBC Disruptor 50read more
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
CNBC and SurveyMonkey's latest small business optimism index echoes that sentiment, finding 52 percent of small businesses say it's harder to find workers today than it was a...US Economyread more
CNBC combed through Wall Street research over the last week to see which stocks analysts say have the best risk-reward.Marketsread more
Western Union is not panicking, but the delivery of money around the world is being upended, says CEO of upstart TransferWise. It broke into the $689 billion remittances...CNBC Disruptor 50read more
"It's tragic that Starbucks is going to lose customers ... for training that should be done every day of the week, every hour of the day," Rensi said on "Squawk Alley. "
Starbucks should never have gotten itself "in a position like this" in the first place, he adds.
The coffee giant will close more than 8,000 of its U.S. locations for several hours on Tuesday afternoon to conduct anti-bias training. The course — offered to its more than 175,000 employees — is aimed at addressing the issues surrounding the arrests last month at a Philadelphia Starbucks of two black men waiting for a business meeting.
"Treat people the way you want to be treated," said Rensi, also formerly CEO of barbecue chain Famous Dave's of America. "To have police come and roust out two black men in your facilities is unconscionable."
However, he said he would never have closed the stores for the training "because that means I'm making a lot of customers angry."
Earlier on CNBC, Andy Puzder — formerly chief executive of CKE Restaurants, the owner of the Hardee's and Carl's Jr. chains — questioned some of the steps Starbucks took as part of its anti-racial bias campaign.
Puzder, now a policy advisor at the pro-Trump group America First Policies, argued Starbucks' new policy allowing anyone, even if they don't buy anything, to sit in its cafes and use the restrooms may have been a mistake.