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Starbucks shares jump after Elliot Investment Management buys big stake in coffee giant

Shares of the coffee chain surged in late trading on Friday after activist investor Elliott Investment Management reportedly has a sizable position in Starbucks. Elliott is reportedly pressuring Starbucks, which has been criticized for its long wait times, to find new ways to boost its stock price. The Wall Street Journal was first to report […]

Democrat Party in Limbo as Biden Presser Buys Him Breathing Room

President Joe Biden’s press conference on NATO averted disaster despite some gaffes, leaving Democrats in limbo and potentially thwarting any efforts within the party to remove him as a candidate in the near future. One Democratic aide told Fox News White House correspondent Jackie Heinrich that Biden’s performance on Thursday was “the worst possible outcome” […]

Addition F-35 buys come under fire from top House armed services Democrat

F-35 TAKING FLAK: Rep. Adam Smith (D-WA), a longtime critic of the Pentagon’s expensive F-35 fighter jet program, is fuming that his amendment to pause a plan to increase the number of new planes purchased next fiscal year won’t be debated by the House. Smith, the top Democrat on the House Armed Services Committee, and […]

LVMH’s Bernard Arnault buys stake in Cartier owner Richemont: report

LVMH Chairman Bernard Arnault has reportedly bought a stake in a luxury goods rival that owns Cartier, sparking rumors of a possible takeover battle. The mercurial French billionaire, currently the world’s third-richest person with a net worth of $197 billion, according to Forbes magazine, has acquired a stake in Swiss-based Richemont, but the amount is […]

Trump's wealth buys leniency in America's 'rigged' justice system

After a New York jury convicted Donald Trump on 34 felony counts of falsifying business records, the former president continued to denounce his own actions. It has long been argued He says his target is a “rigged” justice system. He may be right that the system is rigged, but in reality it is rigged in […]

Sony Buys Queen Music Catalog for $1 Billion

Sony Music has acquired British rock band Queen’s music catalogue, which includes hits such as Bohemian Rhapsody, Radio Ga Ga and Another One Bites the Dust, for a reported $1.27 billion. This news was first reported by hitAccording to the outlet, the only income outside of the contract will come from live performances, which will […]