6 Most Important Things in Business Today

By Douglas A. McIntyre Updated Mar 13, 3:35PM EDT · Published May 29, 5:04AM EDT

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6 Most Important Things in Business Today — © courtesy of Starbucks Corp.

The new Star Wars movie did poorly at the box office. According to Box Office Mojo:

Disney and Lucasfilms’s Solo: A Star Wars Story topped the Memorial Day holiday weekend box office, but the film fell well short of expectations, raising a few valid questions. Was it too soon to release another Star Wars movie five months after the last installment and was the competition just too stiff from the likes of Deadpool 2 and Disney’s own Avengers: Infinity War?

Fiat Chrysler Automobile N.V.’s (NYSE: FCAU) longtime CEO will leave and the company is preparing. According to The Wall Street Journal:

A decade after Chrysler filed for bankruptcy, a nearly debt-free Fiat Chrysler Automobiles NV is preparing to unveil a growth plan for the next five years at a test track outside Milan.

The presentation Friday for investors and media at the Italian-American company’s Balocco Proving Ground is expected to preview product plans and financial goals following the departure of Chief Executive Sergio Marchionne, who plans to step down early next year.

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Apple Inc.’s (NASDAQ: AAPL) next iPhone may have new components. According to CNBC:

Apple may be planning to use high-end technology in the screens for all of its new iPhone models next year, according to a report from South Korea’s Electronic Times.

The American tech juggernaut is reportedly looking at organic light-emitting diode, or OLED, panels, which make images appear brighter and sharper compared to another technology used for some smartphone screens — liquid crystal display, or LCD.

Canadian banks may have been hit by cyber-criminals. According to CNBC:

Bank of Montreal and Canadian Imperial Bank of Commerce said Monday that cyber attackers may have stolen the data of nearly 90,000 customers in what appeared to be the first significant assault on financial institutions in the country.

Bank of Montreal, Canada’s fourth biggest lender, said it was contacted by fraudsters Sunday who claimed they were in possession of the personal and financial information of a limited number of the bank’s customers.

Starbucks Corp. (NASDAQ: SBUX) will close many of its stores this week for anti-bias training. According to CNBC:

Starbucks will close about 8,000 company-owned locations on Tuesday afternoon to offer 175,000 employees a mandatory anti-bias training.

Most of the 7,000 licensed stores, including those operated by hotels, grocery stores and airports, should be open.

BrandZ released its report on the world’s most valuable brands. Google finished first with a brand value of $302 billion.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.