After separating from Kellogg in 2023, Kellanova will become part of Mars Snacking, adding billion-dollar brands Pringles and Cheez-Its to the portfolio.
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Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
Starbucks tapped Brian Niccol as its latest CEO, effective Sept. 9, after sales slumped under Laxman Narasimhan.
Continue readingStarbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol
After several quarters of weak sales, Starbucks has tapped Chipotle CEO Brian Niccol as Laxman Narasimhan’s replacement.
Continue readingAlaska Airlines flight attendants reject new contract, union says there’s ‘more work to do’
Alaska Airlines flight attendants rejected a new labor deal, setting up more negotiations while a federal decision on a merger with Hawaiian Airlines looms
Continue readingWhy NASA astronauts are waiting to return on Boeing’s Starliner
Boeing’s Starliner capsule “Calypso” has been in space for 71 days and counting as the company and NASA try to identify whether its safe for […]
Continue readingStarbucks is giving incoming CEO Brian Niccol $85 million in cash and stock for leaving Chipotle
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.
Continue readingHollywood 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.
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