Starbucks Challenger Luckin Isn’t All Out of Luck

(Bloomberg Opinion) — China’s Luckin Coffee Inc. hasn’t been having much luck lately. The last thing a retail business in the middle of a breakneck expansion needs is a deadly virus that keeps consumers off the streets and away from malls. What could be more damaging? Perhaps an attack by short-sellers branding your business a…

Here’s How Tesla Shares Will Hit $7,000 By 2024

ARK Investment Management, a thematic investment fund, revealed a new price target this weekend on Elon Musk’s Tesla Inc., (NASDAQ: TSLA) after the electric automaker’s big fourth-quarter earnings beat Wednesday. Gross margins to approach 40%, in line with Wright’s Law.

Roku Loses The Super Bowl Before The Game Even Starts

Shares of Roku Inc (NASDAQ: ROKU) fell more than 6% on Friday after the company began notifying customers that several Fox Corp (NASDAQ: FOXA) channels won’t be available on its app just a couple days before the Super Bowl airs on Fox. Roku said in an email to customers that all of the standalone Fox…

Roku Falls as Fox Dispute Threatens Users’ Super Bowl Sunday

(Bloomberg) — Roku Inc. fell to its lowest in more than two months on Friday as the company began notifying customers that FOX channels will not be accessible on its platform ahead of the network’s Super Bowl broadcast this weekend.Beginning Jan. 31 “all standalone FOX channels will no longer be available on Roku streaming devices,”…

Authorities probe fatal blast at Chesapeake Energy drill site

Authorities on Thursday were investigating a fire at a Chesapeake Energy Corp oil well in Texas that killed one worker and injured three others. Emergency teams were working to contain a blowout that triggered Wednesday’s blaze at a remote site near Deanville, Texas, about 75 miles (121 km) east of Austin, a representative for the…

Beyond Meat Products Pulled From Tim Hortons Canada Shops

(Bloomberg) — Tim Hortons restaurants have stopped selling Beyond Meat products at its coffee and donut shops across two of Canada’s biggest provinces.The chain had been serving the Beyond Burger and a Beyond Meat breakfast sandwich made with the company’s imitation sausage products. After an initial launch starting in June at nearly 4,000 Canadian locations,…