A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024. Angus Mordant | Bloomberg | Getty Images Chipotle Mexican Grill on Tuesday reported mixed quarterly results despite another quarter of higher traffic to its restaurants. Shares of the company fell 7% in extended trading. Here’s what […]
Chipotle shares fall as same-store sales growth disappoints Read More »
New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs —
Harris vs. Trump: Auto insiders weigh in on both candidates, top issues Read More »
McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois. Richa Naidu | Reuters A week after health authorities publicly linked a deadly E. coli outbreak to McDonald’s Quarter Pounder burgers, the company’s CEO, Chris Kempczinski, told investors that the situation is now behind them. “How we’ve handled the
McDonald’s executives say E. coli outbreak is ‘behind us’ Read More »
Kena Betancur | Corbis News | Getty Images Pfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company’s Covid vaccine and antiviral pill Paxlovid helped boost sales. The pharmaceutical giant also hiked its full-year outlook and now expects to book adjusted earnings per share of $2.75 to $2.95, up
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales Read More »
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as its U.S. restaurants reversed last quarter’s same-store sales decline. The earnings report didn’t mention the recent E. coli outbreak across 13 states that’s been
McDonald’s beats on profit and revenue, reverses U.S. same-store sales declines Read More »
CEO Jason Kim in the company’s lunar mission control center. Firefly Aerospace Jason Kim just nabbed one of the most coveted yet high-pressure C-suite gigs in the space industry. As the new CEO of rocket and spacecraft builder Firefly Aerospace, he’s no longer under the Boeing umbrella after leaving his previous role leading their satellite-making
The Chase bank logo above ATMs, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images JPMorgan Chase has begun suing customers who allegedly stole thousands of Dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank on Monday filed lawsuits in
A double quarter pounder with cheese and fries arranged at a McDonald’s restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald’s Quarter Pounder burgers will return to roughly 900 restaurants this week after the fast-food giant pulled the menu item linked to a deadly
