Starbucks is offering new CEO Brian Niccol $85 million in cash and shares when he left Chipotle
Brian Niccol, the new CEO and chair of Starbucks, was enticed away from his previous position as CEO of Chipotle...
Industry
Mars agrees to acquire Pringles maker Kellanova for 36 billion dollars
The firm that makes well-known candies like M&Ms and Snickers, Mars, revealed on Wednesday that it has reached an agreement...
Brian Niccol, who took over at Chipotle when the restaurant business was in trouble, takes over as CEO of Starbucks
Starbucks said on Tuesday that Brian Niccol, the chairman and CEO of Chipotle, will take over as CEO in place...
UPS declares its intent to buy Estafeta and plans to complete the deal by year’s end
UPS declared on Monday that it has reached a deal to buy Mexican package service business Estafeta, adding that the...
CrowdStrike CEO promises system repair and apologizes for outage
CrowdStrike CEO George Kurtz apologized Friday for a global technology failure that affected several industries and promised to work with...
Back-to-school season helps Amazon’s Prime Day establish a record with $14.2 billion in online sales
During the 48-hour Amazon Prime Day event, customers at U.S. merchants spent a record $14.2 billion online, according to an...
Nike falls as competitors gain market share
Nike has stated that it anticipates an unexpected 10% decline in quarterly sales due to increased rivalry from more recent...
Adidas shares decline following a Chinese probe investigating claims of corruption
Adidas shares fell 4% Monday after the German sportswear brand said it was investigating allegations of corruption in China after...
Walmart shares First-quarter revenues increased by 205%, driven mostly by internet sales
Driven by its advertising and e-commerce divisions, the U.S. department store chain Walmart grew its net income by 205% in...
Alibaba’s revenues increase by 8% as Chinese regulations loosen
The Chinese e-commerce behemoth Alibaba said today that its current fiscal year revenues slightly increased as the nation's legislative constraints...
