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Starbucks ousts chief and appoints Chipotle boss in response to activist pressure
Shares in coffee chain jump after Laxman Narasimhan replaced by Brian Niccol
By Editors Desk
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Universal Music Signs Meta Deal Allowing Its Music to Appear on WhatsApp
Universal Music Group artists will see their songs made available on WhatsApp for the first time, after the record label struck a new licensing deal with Meta Platforms.
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Boeing’s New CEO Is Hands On. He’s Being Handed a Company in Crisis.
Kelly Ortberg inherits a troubled ‘go, go, go’ culture and a manufacturer burning through billions of dollars
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CrowdStrike to Delta: Stop Pointing the Finger at Us
The cybersecurity company says it isn’t to blame for the airline’s dayslong meltdown, calling it a “misleading narrative.”
By Alison Sider
Latest Business
Delta CEO Says CrowdStrike Tech Outage Cost It $500 Million
The airline canceled thousands of flights over several days in July
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Google Talks to Acquire Cybersecurity Startup Wiz Fall Apart
The search giant was in talks to acquire Wiz for $23 billion
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Alexa Is in Millions of Households—and Amazon Is Losing Billions
The company’s strategy to set prices low for Echo speakers and other smart devices hasn’t paid off.
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Meta in Talks to Buy Stake in Eyewear Giant EssilorLuxottica
The Facebook owner already has a partnership with the European company to make its Ray-Ban smart glasses
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Musk says he will move SpaceX and X to Texas after California passes gender-identity law
Billionaire Elon Musk said on Tuesday he's moving the headquarters of SpaceX and social media company X from California to Texas. He referred to the new law signed by California Governor Gavin Newsom on Monday, which prevents school districts from requiring staff to inform parents about their child's gender identification change, as the "final straw".
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Boeing will plead guilty to criminal fraud over 737 Max crashes, justice department says
The deal, which still requires the approval of a federal judge, will see the company pay a fine of almost $250m and invest at least $455m in improving safety
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Walgreens Plans Major U.S. Store Closures
Shares plummeted 25% as the pharmacy chain also lowered its guidance for the year.5 min read
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Shari Redstone ends talks with Skydance Media over deal to control Paramount
Decision to halt chaotic sale process has left future of storied Hollywood group hanging in the balance
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Dr Pepper Ties Pepsi as America’s No. 2 Soda
After decades as a distant contender, Dr Pepper has climbed the ranks with help from hefty marketing, novel flavors and TikTok videos.
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