Starbucks taps Chipotle’s Niccol as CEO in surprise move, shares soar
By Granth Vanaik and Aishwarya Venugopal (Reuters) -Starbucks on Tuesday named Chipotle Mexican Grill head Brian Niccol as its new…
Category: Business
Starbucks, Elliott in talks over a settlement, CNBC reports
(Reuters) -Starbucks and activist investor Elliott Management are talking about a settlement, CNBC reported on Monday, citing sources. Elliott had…
Tire maker Goodyear to invest C$575 million to upgrade Canada plant
OTTAWA (Reuters) -The Canadian unit of Goodyear Tire & Rubber Co will invest over C$575 million ($418.4 million) to upgrade…
Disney expected to announce plans for its theme parks
By Dawn Chmielewski ANAHEIM, California (Reuters) – Walt Disney is expected to announce new attractions at the company’s theme parks…
Hindenburg research alleges India market regulator chief held investments in offshore funds used by Adani Group
MUMBAI (Reuters) – U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of…
GPS spoofers ‘hack time’ on commercial airlines, researchers say
By James Pearson LAS VEGAS (Reuters) – A recent surge in GPS “spoofing”, a form of digital attack which can…
Delta Air warns of $380 million revenue hit from CrowdStrike outage
By Rajesh Kumar Singh (Reuters) -Delta Air Lines on Thursday warned of a $380 million hit to its revenue in…
Boeing says it’s ramping up seeker production as Patriot demand surges
(Reuters) – Boeing on Wednesday said it has been ramping up its production of PAC-3 seekers – critical components used…
Disney may have to pay $5 billion more for Comcast’s Hulu stake
By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more…
Nike sees gold rush with summer Olympics driven website visits, sales
By Ananya Mariam Rajesh (Reuters) – The summer Olympics is turning out to be a rare win for Nike as…