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Seattle Now

Burritos, americanos, and a new Starbucks CEO

Seattle Now

KUOW News and Information

Daily News, News

4.7670 Ratings

🗓️ 14 August 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Seattle giant Starbucks has a new CEO: Brian Niccol, former CEO of Chipotle.

Investors and the stock market seem to love this pick, but it will take a lot to go from burritos to americanos.

Puget Sound Business Journal Reporter Joey Thompson is here for some coffee talk.

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Transcript

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0:00.0

These days, there's so much news.

0:01.8

It can be hard to keep up with what it all means for you, your family, and your community.

0:06.4

The Consider This Podcast from NPR features our award-winning journalism.

0:10.7

Six days a week, we bring you a deep dive on a news story and provide the context and analysis that helps you make sense of the news.

0:17.5

We get behind the headlines.

0:19.4

We get to the truth.

0:22.3

Listen to the Consider This podcast from NPR.

0:26.6

Hey, good morning. It's Paige Browning. It's Wednesday. This is Seattle now. Seattle giant Starbucks

0:34.5

has a new CEO, Brian Nicol, former CEO of Chipotle.

0:40.1

Investors in the stock market seem to love this pick, but it'll take a lot to go from

0:45.0

burritos to Americanos.

0:47.6

Fuget Sound Business Journal reporter, Joey Thompson is here for some coffee talk, but first,

0:52.7

let's get you caught up.

0:58.0

Thank you. is here for some coffee talk, but first, let's get you caught up. Today, a Seattle City Council Committee will vote on a five-year business plan for the

1:02.7

office that supplies are water, Seattle Public Utilities. That includes proposed rate increases

1:08.8

for water, wastewater, drainage, and solid waste services.

1:13.0

The average proposed rate increase is about 5% every year until 2030.

1:18.4

If the committee approves the plan today, it moves on to the council for a full vote.

1:23.2

Not to jinx anything, but it looks like the hottest days of the summer are behind us, at least for now.

1:29.9

Yesterday's overcast in rainy weather was not a one-off, according to the National Weather Service.

1:34.6

Things will stay pretty cloudy for the next few days at least.

1:38.3

So far, this month's average temperature has been slightly higher than normal, but it's predicted to level off in the next few weeks.

...

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