Starbucks is opening one store in China every 15 hours, the company's China CEO, Belinda Wong, told Squawk Box. China has become Starbucks' second largest and fastest growing market, and one the company expects to eclipse the U.S. market one day. Starbucks already operates more than 3,000 stores in the country and 2,000 more by 2021. The company on Tuesday company opened a 30,000-square-foot Reserve Roastery in Shanghai, its flashiest commitment to its growing Chinese business. It's the second Starbucks' Roastery to open and is twice the size of its flagship location in Seattle. Starbucks is now building more net new company-operated stores in China than in the U.S., said CEO Kevin Johnson, who replaced CEO Howard Schultz in April when the longtime leader transitioned into the role of executive chairman. read more
Billy Bush: He said it. "Grab 'em by the ---." Of course he said it. And we laughed along, without a single doubt that this was hypothetical hot air from America's highest-rated bloviator. Along with Donald Trump and me, there were seven other guys present on the bus at the time, and every single one of us assumed we were listening to a crass stand-up act. He was performing. Surely, we thought, none of this was real. We now know better. Recently I sat down and read an article dating from October of 2016; it was published days after my departure from NBC, a time when I wasn't processing anything productively. In it, the author reviewed the various firsthand accounts about Trump that, at that point, had come from 20 women. read more
Republican strategist Alex Castellanos said he believes "we're closer to impeachment now than we think" during a discussion on ABC's "This Week with George Stephanopoulos" on Sunday.
Castellanos, who also serves as a CNN contributor, suggested that if Alabama GOP Senate candidate Roy Moore wins a special election next week, he could become the face of the party and hurt GOP candidates in next fall's midterm elections.
Asked by Stephanopoulos if special council Robert Mueller "posed an existential threat" to the President Trump given former national security adviser Michael Flynn's guilty plea on Friday, the veteran strategist said "I don't see that yet." read more
A top Democrat says that a Senate committee investigating Russia's meddling in the 2016 election is looking into potential obstruction of justice charges against President Donald Trump. Senator Dianne Feinstein, the ranking member on the Senate Judiciary Committee, said that a group was "putting together of a case of obstruction of justice" against the President, during an appearance on NBC's Meet the Press. "I think we see this in the indictments, the four indictments and pleas that have just taken place and some of the comments that are being made," Feinstein said, explaining the exploration in the Senate for obstruction charges. read more
Charles Blow: Steve Bannon may no longer be physically in the White House, but his spirit lingers there as the guide of the Donald Trump administration and the soul at the core of its beliefs. Bannon is Dickensian in the way his presence -- and nominal absence -- haunts the Trump presidency, defining its past, dictating its present and damning its future. Bannon is the author of Trump's ideology. It is always worth remembering that Bannon, who departed the White House in mid-August and returned to his right-wing website Breitbart the same day, last year proudly told Mother Jones: "We're the platform for the alt-right." Alt-right is just a new name for Nazis and racists. Maybe more important, the Nazis and racists believe that Breitbart is a welcoming platform for them. read more