The Pentagon has reached an agreement with Boeing and RTX to boost the production of components for surface-to-air interceptor missiles. This move is in response to dwindling munitions stockpiles, largely due to the conflict in Iran, prompting the Department of Defense to urge suppliers to accelerate production to address missile shortages. Following this announcement, both Boeing and RTX stocks experienced a rise.
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AUSTIN--(BUSINESS WIRE)--Thredd, the AI-first issuer processing platform, today announced a partnership with Bakkt to power a credit card-as-a-service program in the United States designed to settle in stablecoins. Bakkt, Inc. (NYSE: BKKT) operates regulated infrastructure for trading, stablecoin settlement and cross-border payment for the AI and token economy. Through this partnership, Thredd will provide the modern card processing and integrated credit infrastructure extending Bakkt’s settlem
Key takeaways Advice to try the debt avalanche method can leave you wondering what to do with bills already due. When the budget is tight, you want clear instructions before changing how you spend your money. This guide explains the technique, walks through a payment example, and shows how to create your repayment plan. What
Summary Starbucks has reportedly been working with advisers on a possible proposal to acquire Chipotle Mexican GrillThe coffee giant’s market value is close to triple Chipotle’s, though analysts warn a deal could strain its finances mid-turnaroundNeither company has confirmed the talks, and it is unclear whether a formal offer will follow Starbucks is reportedly exploring a takeover of Chipotle Mexican Grill, according to the Financial Times. The coffee chain has spent recent months consulting advisers on a potential proposal for the fast-casual brand, which carries a valuation of nearly $39 billion USD. Neither company has publicly addressed the reported discussions. On paper, the size gap is significant. Starbucks holds a market capitalization of roughly $107 billion USD, making it around 2.7 times larger than its potential target. Even so, swallowing a company of Chipotle’s scale would not come cheap, and financing is already emerging as the central question. “A deal could require heavy borrowing or issuing shares,” said Lale Akoner, global market strategist at eToro. “Without a compelling financial case, investors may view the deal as an expensive distraction.”The footprint numbers tell a different story. Chipotle closed out 2025 with close to 4,000 restaurants in the US and only about 100 abroad, while Starbucks operates approximately 40,000 stores globally. That imbalance is the core of the bullish case. Northcoast Research analyst Jim Sanderson pointed to Starbucks’ licensed partnerships in Europe as a potential launchpad for pushing Chipotle overseas at a much faster clip. Markets reacted quickly. Chipotle stock rose about 6% on Thursday, October 8, after the report surfaced, while Starbucks shares slipped roughly 3%. The bump offers some relief for Chipotle, whose share price has fallen by almost half since Niccol exited in 2024, a stretch marked by softer foot traffic and climbing food and labor costs. Starbucks’ own metrics show a turnaround still in progress. Niccol took over as CEO in September 2024 after six years at the helm of Chipotle, where he steered the brand through its food safety fallout and built out its digital ordering arm. At Starbucks, his strategy has centered on shorter waits, better staffing and refreshed stores, backed by a labor commitment of at least $500 million USD that has weighed on margins. The company has now posted four straight quarters of comparable sales growth, though Niccol conceded in July that the job is not yet done. For now, the numbers remain hypothetical. Both chains are contending with higher operating expenses and more cautious consumer spending, and until either side confirms the talks or a formal offer materializes, the deal exists only as a report.
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