Shares of Starbucks Corporation ( SBUX ) are trading higher on Friday following a WSJ report suggesting Elliott Investment Management has taken a significant stake in the coffee giant. What’s Going On: Elliott has reportedly been pushing for changes behind the scenes, aiming to address the challenges Starbucks ( SBUX ) faces. While the exact size of Elliott’s stake and...

July 19 (Reuters) - The head of the Federal Railroad Administration, chair of the National Transportation Safety Board and senior official at a U.S. pipeline safety agency will testify at a July 23 U.S. House subcommittee hearing on rail safety. Last year, the U.S. Senate Commerce Committee passed sweeping rail safety reform legislation in the aftermath of the February 2023...

04:11 PM EDT, 07/19/2024 (MT Newswires) -- PAR Technology ( PAR ) said Friday it has completed the acquisition of TASK Group after securing approval from the Supreme Court of New South Wales, Australia. PAR struck a deal in March to acquire TASK for cash and shares. Price: 53.27, Change: +0.03, Percent Change: +0.07 ...

(This July 18 story has been corrected to clarify that 4.5 million pounds is an annual figure in paragraph 3 and removes reference to 'stacked layers' in paragraph 5) By Krystal Hu (Reuters) - U.S. vertical farming startup Plenty is forming a joint venture with Mawarid, a subsidiary of Alpha Dhabi Holding, in a $680 million deal to develop a...