Typically, investors buy shares in a company because they believe in the firm’s strategy, leadership, and vision for the future. But what about when investors are buying shares because they hate how the company operates?. That’s the question that Starbucks executives had to answer after activist investing firm Elliot...

Starbucks & Elliott bury the hatchet

CNBC's Jim Cramer discussed Starbucks' management shakeup, saying the new leadership will be crucial to turn the business around. The coffee chain announced it would replace CEO Laxman Narasimhan with Brian Niccol, who is currently the CEO of Chipotle. Starbucks has struggled recently, reporting same-store sales declines during the past...

Cramer says new Starbucks CEO Brian Niccol is key to the company's turnaround after management shake-up

As Starbucks’ new CEO, Brian Niccol, the current CEO of Chipotle (CMG), faces a tough road ahead: he must win the favor of both the former CEO Howard Schultz, and the demand of shareholders. Balancing the two has tripped up past leaders, making his task all the more critical.

Starbucks' new CEO will need to please shareholders — and Howard Schultz, analysts say

Activist Elliott Management and Starbucks' board of directors are in settlement talks, according to people familiar with the matter. Elliott and Starbucks' directors met last week to discuss the activist's settlement offer. ' board of directors are in settlement talks, according to people familiar with the matter. Elliott and Starbucks'...

Starbucks and activist Elliott met last week to discuss settlement, sources say

(Reuters) -Starbucks named Chipotle Mexican Grill (NYSE:CMG) head Brian Niccol as its new CEO on Tuesday in a management shakeup as it tries to fend off pressures from activist investor Elliott Investment Management. Niccol replaces Laxman Narasimhan, who was tapped in 2022 from Lysol maker Reckitt to undertake a "reinvention"...

Starbucks taps Chipotle's Brian Niccol as CEO amid activist pressure

All of the investments made this year by Bezos' family office — called Bezos Expeditions — have been in artificial intelligence, according to data provided to CNBC by FINTRX, a private wealth intelligence platform. Bezos Expeditions has always tilted heavily toward tech. Fully 70% of the family office's...

Jeff Bezos' family office is making big investments in AI

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

24/7 Wall St.

 Nancy Pelosi in 2023 saw some of the highest investment wins in Congress with a 65.5% return. Congress is not subject to the same insider trading rules as ordinary Americans are. So many retail investors keep a close eye on what they’re trading. If you’re looking for stocks poised to ride the next […]
The post Nancy Pelosi Made Millions On NVIDIA – Here’s Her Next Stock Play appeared first on 24/7 Wall St..

Nancy Pelosi Made Millions On NVIDIA – Here’s Her Next Stock Play

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

San Francisco, CA

New York Post

Laurene Powell Jobs, the billionaire widow of Apple visionary Steve Jobs, has set a new residential sale record for the city of San Francisco. 

Powell, 60, purchased a home in the Pacific Heights neighborhood for a cool $70 million, individuals with knowledge of the sale told the Wall Street Journal.  

The property wasn’t publicly listed for sale, but the sellers — Sloan Lindemann Barnett, the daughter of billionaire George L. Lindemann and Roger Barnett, chief executive of Shaklee, a health-supplement maker — initially wanted more than $100 million for it, sources told the Journal. It is sandwiched between homes owned by billionaire...

This billionaire just bought the most expensive home in San Francisco

Seattle, WA

The restaurant industry in Seattle is reeling from yet another sudden loss of one of their own. The chef and restaurateur Tamara Murphy, a James Beard Award winner and co-owner of Terra Plata, died on Saturday after suffering a stroke while on vacation in Idaho. She was 63. The restaurant...

Seattle chef-restaurateur Tamara Murphy dies after suffering stroke

TheStreet

The tech-heavy Nasdaq Composite index has gained 10% year to date.

Cathie Wood buys $28 million of battered tech stock

MarketRealist

Nicholas Puech, who owned a 5.7% stake in the luxury brand, has claimed he has nothing left in bank.

Hermès heir promised to leave $13 billion fortune to his gardener. Now, the money is gone

Warren Buffett's stake in Apple is currently worth $135 billion. Shares of Apple are soaring as investors are encouraged by the company's new artificial intelligence (AI) services. While it can be tempting to follow momentum, Apple still has a lot to prove when it comes to competing in AI. Apple...

Billionaire Warren Buffett Has $135 Billion Invested in Just 1 Artificial Intelligence (AI) Stock. Is It Time to Buy?

Kiplinger

A federal judge ruled that Alphabet-owned Google holds a monopoly in search and text advertising, but Wall Street isn't worried. Here's what they have to say.

What Google's Antitrust Ruling Means for Alphabet Stock

The Motley Fool

Decades of experience and novel solutions will likely drive this AI specialist even higher.

1 Unstoppable Stock That Could Join Apple, Microsoft, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Hollywood Reporter















	Melinda French Gates says there is a new generation of billionaire activists who aren’t really philanthropists.Grimes' Mother Pleads With Elon Musk to End "Withholding" Ex-Couple's Children




	Speaking to The New York Times, the ex-wife of Bill Gates — who recently rocked the philanthropic world when she announced she was leaving the Bill and Melinda Gates Foundation, which has given away nearly $80 billion since it was founded in 2000 by the former spouses — was asked her opinion on a new generation of billionaires that includes Tesla Motors CEO and X Corp. owner Elon Musk, Twitter founder and Square CEO Jack Dorsey, American...

Melinda French Gates Says Elon Musk, Peter Thiel and Other Billionaires Are Not Philanthropists

Mark Cuban says former President Donald Trump’s fans in Silicon Valley don’t just want him to be president again — they want him to be the “CEO of the United States of America,” with them as his board of directors. Suggested Reading. “Watching what’s happening...

Mark Cuban — 'the Left's favorite billionaire' — says some in Silicon Valley want Trump as America's CEO

Declutterbuzz

The biggest benefit when you declutter your home is you will be more organized, efficient, and productive and this will free up time for you to spend doing the things you love!

Big Benefits When You Declutter Your Home & Life

Tesla loses corporate sales in Germany over what a firm sees as CEO Elon Musk going against Tesla’s mission to accelerate the advent of sustainable energy. Tesla was originally founded with the mission of “accelerating the advent of electric transport,” which later evolved to “the advent of sustainable energy.”

Tesla loses corporate sales over Elon Musk ‘going against Tesla’s mission’

NewsBreak

Brian Niccol named CEO of Starbucks

Starbucks named Brian Niccol chairman and CEO on Tuesday amid mounting sales concern and growing interest from activist investors. Laxman Narasimhan, who has only been in...

Brian Niccol named CEO of Starbucks

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