Business

Luckin Coffee fires President Lu, appoints Guo as CEO

The main Fox Business Flash headlines are here. See what FoxBusiness.com is clicking on. Luckin Coffee Inc has ousted co-founder and president Charles Zhengyao Lu and replaced him with Jinyi Guo, who will also be the CEO, the coffee chain revealed Monday. Guo was previously the interim CEO of the …

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Gyms, lounges forced to close 2 days after reopening

Immediately following Governor Gavin Newsom’s order on Monday that forced the closure of several indoor business sectors in California, the recent reopening of Santa Clara County gyms and salons will be especially short-lived. As of Monday, gyms, salons, and hair salons were among the companies authorized to serve county customers …

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