*By Justin Chermol*
Starbucks announced plans on Monday to elimate the use of plastic straws by 2020, making it the largest company yet to undertake the green initiative.
The coffee chain will transition to new lids which feature a raised lip to drink from, a design already being used for some of the company’s cold brew drinks. The new lids will begin rolling out this fall in Canada as well as in Starbucks’ home city of Seattle. For those customers who insist on straws, the company will offer eco-friendly versions made of paper or compostable plastic.
Starbucks stated this policy will cut the number of plastic straws used by one billion per year -- the proliferation of them has contributed to devastating ocean pollution and threatens marine life.
Local governments across the United States initially spearheaded the plastic-strawless movement. Just last week Seattle banned both plastic straws and utensils. Some of America’s largest cities like New York and San Francisco have proposed plans to remove plastic straws as well.
Kevin Gordon, Senior Investment Research Manager at Charles Schwab, shares his thoughts on how investors can take advantage of the current bull market while keeping in mind the impacts of Fed policy and inflation.
Lab-created diamonds come with sparkling claims: that they are ethically made by machines running on renewable energy. But many don't live up to these claims or don't respond to questions about their electricity sources, and lab diamonds require a lot of electricity.
Geoff Freeman, president and CEO of the U.S. Travel association, explains why other nations are outcompeting the U.S., and the innovations that would put American back on top.
Tony Drake, founder of Drake & Associates, breaks down the latest CPI report, why ‘inflation is still trending down,’ and why the Fed doesn’t want to cut rates too soon.
Make sure your love don't cost a thing this Valentine's Day to any scammers. Note: we're not talking about your partner that didn't do the dishes after saying they would.
Landing founder and CEO Bill Smith shares how the company’s new Nomad pass and partnership with Frontier Airlines allows subscribers unlimited airfare and accommodations.
