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Elaine Thompson / AP

Starbucks, the global retail coffee chain, is planning to add three new members to its board, according to a press release.

  • Microsoft CEO Satya Nadella
  • Sam's Club president and CEO Rosalind Brewer
  • Lego Brand Group executive chairman Jørgen Vig Knudstorp

Board member James G. Shennan, Jr. is also retiring after 27 years on the board. Shareholders will vote at the next meeting on March 22.

Tech boost: Nadella's experience at Microsoft, a global technology company, will be an obvious benefit to Starbucks, which has shown eagerness to adopt new technology. Nadella and the other nominees will also up the diversity of Starbucks' board. Women will make up 29% of the board, while 36% will be non-white.

Go deeper

J&J and Merck to partner for COVID vaccine production to boost supply

Empty vials that contained a dose of the Johnson & Johnson vaccine against the COVID-19. Photo: Phill Magakoe/AFP via Getty Images

President Biden will announce Tuesday that pharmaceutical giant Merck will help Johnson & Johnson manufacture its newly authorized coronavirus vaccine to boost supply, a senior administration official tells Axios.

The big picture: The development has the potential to vastly increase supply, possibly doubling what the J&J could make on its own, the official said. The company has run into challenges while trying to expand its vaccine production to a global scale.

Casinos throw cash at sports betting media

Illustration: Sarah Grillo/Axios

Casinos are investing millions on sports betting content to lure bettors to their online and in-person sportsbooks.

Why it matters: It’s a mini gold rush for some sports media companies that were struggling in the pandemic.

Ben Geman, author of Generate
29 mins ago - Energy & Environment

Global carbon emissions rebound to pre-COVID levels

Newly released data show that global CO2 emissions had returned to pre-pandemic levels by the end of last year and surpassed them in some major economies.

Why it matters: The International Energy Agency warned that clean energy efforts are falling short.