Trimming down cost, Starbucks to close 250 North America stores Starbucks (SBUX) said it plans to close 250 underperforming stores in North America, a move that will result in approximately $300 million in restructuring charges, according to a regulatory filing.The...
Hole in one, Newton Golf acquires option on Nevada beryllium-tungsten mine Newton Golf Company, Inc. (NWTG), a golf equipment maker, has acquired an option to purchase the Pole Canyon beryllium-tungsten project in White Pine County, Nevada, marking the company’s entry...
Long lasting relationships, Qualcomm secures long-term Apple patent deal, easing revenue fears Qualcomm (NASDAQ: QCOM) shares ticked up 0.2% today after the chipmaker announced a renewed global patent licensing agreement with Apple, taking effect April 1, 2027. The...
Creating liquidity, China’s central bank to inject $149 billion daily before holidays China’s central bank announced Wednesday that it will inject up to 1 trillion yuan ($149 billion) per day through short-term liquidity tools as the Golden Week holiday approaches.The...
Ahead of the pack, Qualcomm to acquire PickNik Robotics Qualcomm Technologies, Inc. announced an agreement to acquire PickNik Inc., a robotics software company and steward of MoveIt, an open-source robotics manipulation framework built on the Robot Operating...