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Starbucks Shows Sales Recovery but Dividend Coverage Raises Concern

Strong Q2 results have lifted guidance while weaker free cash flow and paused buybacks leave investors watching the next quarter for signs the dividend can be sustained.

UPS Jumps on Earnings Beat as Turnaround Shows Progress

Valentino Begins CEO Search as Jacopo Venturini Steps Down

Mark Read to Leave WPP by Year’s End as AI Reshapes Advertising