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Nestle
Nestle will pay $7.15 billion for the rights to sell Starbucks products worldwide, outside Starbucks stores. The deal, which will also add Starbucks coffee to Nestle’s Nespresso and Dolce Gusto machines, gives Nestle a boost against rival JAB Holdings.
NAFTA
NAFTA talks resume this week. Canadian and Mexican negotiators will meet with U.S. trade representative Robert Lighthizer in a “make-or-break week” for the talks, per Reuters.
Robocalls
An estimated 3.4 billion automated scam calls were made to Americans last month — over 900 million a month more than the same time last year, per The New York Times.
Quote
"A lot of stuff that’s done at big companies is unnecessary."
Warren Buffett, at Berkshire Hathaway’s annual shareholder meeting
Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Lorraine K. Lee
Art: Jacqueline Zaccor
Producer: Florencia Iriondo
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