Starbucks Enters the Precious Metals Business
Forget the seasonal coffee drinks. Or the gift-worthy brewers. Starbucks’ newest item for the holidays is something seemingly mundane as a gift card....
Congo Seeks Investors for Large Farmland
The Democratic Republic of Congo plans to lease farmland covering an area larger than France in an attempt to attract capital and technology capable of boosting jobs and food productivity in one of t...
Permira’s John Coyle: Food and Water Scarcity Is an ‘Undeniable Trend’ - Private Equity Beat
Instead of investing directly in the growing of crops and the rearing of livestock, however, the firm said it prefers companies that support food production....
Odey AM Founder Crispin Odey is "Hedging His Bets"
Did Crispin Odey count his chickens before they were hatched when he won planning permission to spend a six-figure sum on a temple to house 20 prize fowl at his Gloucestershire mansion?...
Takeaways From $650,000 Lunch With Warren Buffett
In 2008, my friend Mohnish Pabrai and I sat down with our families for a “power lunch” with Warren Buffett at Smith and Wollensky’s restaurant in New York. Even though I was by then a close follower ...
Darden Shreds Board Nominees of Hedge Fund That Wants To Rein In Olive Garden's Policy
But Darden isn't so sure these are the best nominees to lead the company. In a statement, Darden said:...
Favor Grabs $2M For Go-To Delivery Service to Expand
The Austin startup’s app allows users to order anything they want from stores and restaurants in the area, have a courier go pick up the items, and have them delivered within 35 minutes to their door...
ADM Reached Agreement of $440M Over Sale of Chocolate Business to Rival Cargil
Archer Daniels Midland reached a long-awaited agreement over the sale of its chocolate business to rival agribusiness giant Cargill, which paid $440m, in the latest of a series of investments in th...
Market Basket Has the Secret Private Equity Backer
The Blackstone Group is the mystery private equity firm behind Arthur T. Demoulas’s agreement to purchase New England supermarket chain Market Basket, Fortune has learned from a source close to the s...
Ackman's Hedge Fund Made Over $160M On Burger King
Drivers will see the cheapest prices at the pump this Labor Day since 2010, thanks to a slowdown in demand, a quiet Hurricane season and lack of geopolitical tensions in oil-producing regions, accord...