Starbucks was right to reject the Chipotle merger fantasy
Starbucks denied plans to acquire Chipotle to focus on its own turnaround, a prudent move that avoids a costly gamble on executive celebrity over fiscal stability.
By Klaus Berger ·
financial times — Lorien Times
Peltz’s bid for Wendy’s is leveraged greed, not salvation
There are some financial maneuvers that feel less like business strategy and more like a kind of corporate exorcism—a brutal, expensive ritual designed solely to extract value…
By Caroline Ashford ·
Yen Traders Brace for More Intervention With US at Japan’s Side
The constant, frantic dance of currency traders is never about the value of a dollar or a yen. It’s always about who gets to write the rules when the system inevitably stalls out.
By Maya Ellison ·
AstraZeneca in talks with Bristol Myers Squibb on $400 billion megadeal, FT reports
The whispers circulating about AstraZeneca and Bristol Myers Squibb—a potential merger valued at nearly $400 billion, as reported by CNBC, straitstimes.com, and others—are less an…
By Nikhil Raghavan ·