seaport

Chipotle shares jump after report that Starbucks has explored a takeover

nglobix@gmail.com2 hours ago03 mins

Chipotle Mexican Grill’s stock jumped as much as 8% on Thursday after the Financial Times reported that Starbucks has explored a deal to buy the “fast-casual” restaurant chain. A potential merger would represent one of the largest restaurant acquisitions in history, according to industry analysts. In 2014, Burger King acquired Canadian chain Tim Hortons in…

Cocaine worth $285 million found hidden in banana shipment in Italy

nglobix@gmail.com3 months ago02 mins

Italian police on Tuesday said they seized pure cocaine with an estimated street value of $286 million that was hidden inside containers of bananas at a port in northwest Italy. It marks the latest instance of the illicit drug being concealed in a shipment of the tropical fruit. Some 1,700 pounds of cocaine was concealed…