Daily grind

Starbucks brings in Chipotle’s boss to turn things around

Markets sure know how to make you feel bad about yourself. On Wednesday, the board of the world’s largest coffee chain, Starbucks, announced they’re giving the firm’s boss, Laxman Narasimhan, the sack. The stock price surged on the news, adding $22bn to the firm’s market capitalisation, the equivalent of ten Cheesecake Factories. That’s a bitter shot fo…