Starbucks is buying two farms in Central America to conduct research on the crop at the heart of its business: coffee.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.
While most of the world faced a decrease in foreign direct investment (FDI) last year, Latin America stood as a strong outlier.
Cocoa prices plunged almost 30% in the past week after a rally that pushed prices nearly 80% higher to start the year.
Futures prices had surged to record highs in recent months because of droughts contributing to the country’s smallest herd since the 1950s.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.