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Category Archives: Uncategorized

Mars to acquire snack maker Kellanova in $36 billion deal

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.

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Starbucks 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.

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Alaska 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

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Why 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 […]

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Starbucks 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.

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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.

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Media, 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.

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Inflation 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.

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Paramount 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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