Handing the top job to Chief Operating Officer Kevin Johnson, a long-time technology executive, Starbucks Corp co-founder Howard Schultz will step down as chief executive to focus on new high-end coffee shops.   In addition to setting the brand's "social impact agenda" that includes sending...

Humans aren't the only ones sniffing out cannabis’ medicinal uses as legalized pot is on the horizon in Canada.   In Toronto where owners are seeking out alternatives to help their ailing animals, cannabis-based products for pets are a growing trend.   A CBC News report shows...

Return of Nokia smartphones brand is expected in 2017. The first announcement could take place at MWC 2017exhibition, which will be held in Barcelona from 27 February to 2 March. The company confirmed that strategic agreement with company HMD Global on its brand and intellectual property has...

"We can confirm that the polymer pellet from which the base substrate is made contains a trace of a substance known as tallow," the Bank of England, said in a statement emailed to CNBC very recently.   "Tallow is derived from animal fats (suet) and is a substance that is also widely used in...

Lufthansa pilots' strike cost the company approximately € 15 million per day, reported Bild. Thus, the current strike, which began last week, has already caused € 75 million - damage to the concern. Pilots keep protesting, so Lufthansa had to cancel about 890 flights scheduled for Wednesday. "About...

Chicago Stock Exchange revealed details of a deal with Chinese investors. The stock exchange will be acquired by a Chinese company, and earlier the market was boiling with rumors that the deal involves Chinese government. Trying to explain that, the organization said the country’s government do not...

In a boost to the global efforts of popularizing the use of blockchain technology, less than half its overall target of the blockchain consortium R3 CEV might be financed by banks.   According to media reports quoting a person close to the deal, interest in investing $59 million in the...

Mexican company Jose Cuervo, the world's largest producer of tequila, postponed planned IPO of up to $ 1 billion because of uncertainty in the market. The stir was caused by results of the US presidential election, reports Financial Times. The company, formally known as Becle, submitted its outlook...

BCUniversal (NBCU) has invested another $ 200 million to BuzzFeed, as follows from the Internet project’s message. BuzzFeed as a whole was valued at $ 1.7 billion, told several sources familiar with the details. A year ago, NBCUniversal invested in BuzzFeed the same $ 200 million; the then company...