MARKET
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Starboard Value is the latest activist investor to take a stake in Starbucks, WSJ reports
With Starbucks Corp.’s stock in the midst of a hefty decline this year, activist investors continue to circle the coffee chain. The latest to do so, according to a report on Friday, is hedge fund Starboard Value. Source link
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Tim Walz and J.D. Vance are both Diet Mountain Dew fans. Here’s why that could hurt the brand.
Mountain Dew has been associated with youth culture, but the brand could now be struggling to make that connection. Source link
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My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.” Source link
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The search for a ‘caffeinated catalyst’ at Starbucks continues
The coffee chain wrestles with ongoing consumer weakness. Source link
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Stock investors have counted on the Fed to protect them. Maybe not this time.
El-Erian: Key supports for the U.S. market have been confidence in tech stocks, the economy and the Fed. Two of these have weakened. Source link
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These housing stocks, funds and ETFs could get a boost from lower home mortgage rates
Many corporate insiders are buying shares — suggesting that mortgage rates will decline and housing turnover will rise. Source link
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These ‘cheap’ stocks could get a tailwind no matter who wins the White House
Stocks that directly benefit from investment in manufacturing and infrastructure are trading at a discount relative to the S&P 500, according to BofA Global Research. Source link
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Want a refund for your delayed or cancelled flight after the CrowdStrike outage? You can get it — here’s the trick.
Aggravated airline passengers Friday faced the choice of waiting hours for their delayed flight, rebooking or just canceling their trip after a cybersecurity platform’s software update snarled Microsoft-powered computer systems and toppled travel plans. Source link
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Spirit Airlines lowers revenue estimates as it faces more competition, capacity challenges
Spirit said its second-quarter revenue will reach about $1.28 billion, lower than previously expected mostly due to lower-than-expected non-ticket revenue, or revenue from items excluded from base ticket prices such as baggage fees, food, and others. Source link
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‘I feel slighted’: My husband and I are in our 70s. We married 3 years ago. He’s leaving his $1.8 million home to a 10-year-old relative. Is that normal?
‘I have almost double his pension income, as his former wives took a considerable share’ Source link
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