Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
Starbucks (SBUX) is in hot water, again. The company is apologizing for a racial slur written on a customer’s cup near Los Angeles. This comes weeks after the company had to apologize for a manager calling the police on two black customers in Philadelphia. Starbucks will shut down its stores nationwide later this month for racial bias training.
PayPal (PYPL) just made its biggest purchase yet. It’s buying Europe’s iZettle for $2.2B. iZettle sells mobile credit card readers and other payment systems. Paypal’s CEO says the buy will expand PayPal’s in-store presence while also helping small businesses grow worldwide.
Ford’s (F) F-150 is in high gear once again. Starting today, the company will restart production on its popular pickup truck. Production of the truck stopped on May 9 after a fire at a supply factory couldn’t ship parts.
Fujifilm is not backing off Xerox (XRX) without a fight. Fujifilm’s president says that the contract to merge is binding and is preparing a lawsuit. This comes after shareholders Carl Icahn and Darwin Deason scuttled the deal, and forced out Xerox’s chief executive.
Another C-Suite shake-up at Uber. Chief Product Officer Jeff Holden, who led the company’s flying car unit, Elevate, is leaving the ride-hailing giant. He is the latest of more than a dozen senior execs to leave Uber since last year. Eric Allison, the former CEO of flying car company Zee Aero, will now lead Elevate.