How can a company can add $20 billion to its stock market value in a single workday? By going and hiring a new CEO named Brian Niccol, the surprise new boss of Starbucks, who has Chipotle and Taco Bell on his resume. Starbucks’ stock went up nearly 25% yesterday on the news.
A cooling of inflation, pleasing to the Fed
by David Brancaccio
The freshest consumer price index data shows that prices rose 2.9% in the year through July. Let’s discuss with Susan Schmidt, head of public equity at the State of Wisconsin Investment Board.
Montreal ... la ville qui ne dort jamais?
by Sam Gruet
In New York City, bars close at 4 a.m. But in Berlin and Tokyo, they’re open 24 hours a day. One place set to join them is Montreal, which is working to set up some curfew-free zones.