Azoria Partners launches new fund at Donald Trump’s Florida resort
Coffee giant would benefit from a helping hand from a local partner
Buyer of 3 per cent of world’s coffee holds less than $200mn in fixed-price contracts, down from $1bn in 2019
New chief Brian Niccol pledges to simplify ‘overly complex’ menu and return to its coffee house roots
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth
Technical demands are prompting big companies to take design back in-house while others are pursuing environmental aims
Brian Niccol signals shifts from predecessor’s strategy in first details of turnaround plan
There is a case for the US coffee group to cut back capital spending and slow expansion plans in the country
Brian Niccol’s base in California divides opinion among workplace experts
Plus, hedge funds are split on Nvidia’s future and the Indian telecoms tycoon who just bought a big stake in BT
Months of secret talks between directors and investors preceded Laxman Narasimhan’s abrupt exit
Brian Niccol’s move from Chipotle makes him one of the best paid bosses in the US
And the S&P 500 as one giant carry trade
Plus, private credit giant HPS gets a huge capital injection and Cargill feels the commodities hangover
Brian Niccol’s challenge at the coffee chain has similarities to the turnaround task in his last role
Shares in coffee chain jump after Laxman Narasimhan is replaced by Brian Niccol
Brian Niccol’s appointment suggests a win for ex-chief Howard Schultz
Rejection of goods based on perceived political agendas over Israel-Gaza conflict hitting revenues
Governance questions have become more pressing as the coffee chain’s challenges have proliferated
Plus, Big Law throws its weight behind Kamala Harris’s presidential campaign and a SoftBank-backed founder is accused of fraud
Results add to pressure on managers dealing with activist Elliott and scrutiny from former chief executive
Plus, Carlyle sticks with its oil and gas investments, and BlackRock’s Larry Fink takes his time finding a successor
Laxman Narasimhan faces criticism from coffee chain’s former boss Howard Schultz and activist investor Elliott
Coffee chain’s three-time leader has publicly criticised its current management
