Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle.
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Hollywood theater owners are worried a Paramount-Skydance merger will usher in too much consolidation
Paramount and Skydance have long been production partners, co-financing and distributing about 30 films.
Continue readingMedia, tech titans head for Sun Valley with streaming alliances top of mind
Media and tech titans will convene at Allen & Co.’s annual conference this week, where streaming and sports alliances will be top of mind.
Continue readingInflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers
Customers’ deep frustration with higher prices has pushed many retailers and restaurants to step up discounts, promotions and value meals.
Continue readingParamount agrees to merge with Skydance, ending monthslong negotiations and Redstone era
Paramount agrees to merge with Skydance, bringing new ownership to the storied movie studio and CBS broadcast network long controlled by the Redstone family.
Continue readingBoeing to plead guilty to criminal fraud charge stemming from 737 Max crashes
The Justice Department said in May that Boeing violated its 2021 settlement by failing to implement a certain compliance program.
Continue readingAir travel demand is breaking records. Airline profits are not
Investors will get more insight into the outlook for the tail end of summer when Delta Air Lines kicks off earnings season Thursday.
Continue readingConcerns grow over gambling addiction in the military
Diagnoses of pathological gambling disorders among servicemembers and veterans is soaring, according to the Department of Veterans Affairs.
Continue readingSkydance and National Amusements near Paramount deal as special committee reviews terms
National Amusements agreed to a preliminary deal to hand over control of Paramount to David Ellison’s Skydance Media, the latest in a messy sales process.
Continue readingAI drive-thru ordering is on the rise — but it may take years to iron out its flaws
Artificial intelligence is closer than ever to taking down drive-thru orders, but fast-food restaurants like McDonald’s show that the tech still needs time.
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