US Supreme Court leans toward Starbucks in the case of pro-union workers
U.S. Supreme Court justices on Tuesday signaled support for Starbucks in the coffee chain’s challenge to a judicial order requiring…
Tycoon Tan Is Said to Weigh Starbucks Malaysia Owner Buyout
Malaysian tycoon Vincent Tan is considering taking Kuala Lumpur-listed Berjaya Food Bhd. private, according to people with knowledge of the…
Alibaba Slashes Cloud Prices Globally as AI Demand Quickens
Alibaba Group Holding Ltd. is cutting prices for cloud customers outside of China by as much as 59%, mirroring deep…
Amazon Slashes $1.3B in Expenses, Deals Blow to Office Market
Amazon (NASDAQ:AMZN) is reportedly looking to reduce its office vacancies and save $1.3 billion in the process by letting leases…
IKEA Foundation backs emerging market EV push with $100 million grant
A global initiative to accelerate electric vehicle uptake has received a $100 million funding boost from the IKEA Foundation to…
Egan-Jones backs activist Peltz for Disney’s board as proxy battle rages
Egan-Jones has become the second proxy advisory firm to back Nelson Peltz’s push for board seats at Walt Disney, the…
Pepsi Triumphs: Secures Subway Deal, Dethrones Coke’s Dominance
Subway has become the latest front of the cola wars. Pepsi reached an agreement with the sandwich chain to become…
Nike, Micron, Lululemon: Earnings Reports Await Amid Downtrend
Dow Jones stock Nike (NKE) headlines the latest earnings calendar, along with Micron Technology (MU), but the two stocks are…
Starbucks to begin talks with Workers United union
Starbucks said Tuesday it will begin talks with the Workers United union to discuss bargaining agreements and union organizing. “We…
Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm
Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the latest in a…