Moe's Southwest Grill is hitting the road with its Tour de Burrito truck. It's rolling through four cities and aims to open its kitchen doors to fans and showcase the menu. Bruce Schroder, President of Moe's joins Cheddar to discuss why, after being open for 17 years and franchising over 700 restaurants, this Tour de Burrito truck is vital to its customers. He talks about the fresh ingredients at Moe's, which serves 41,000 pounds of salsa with 60,000 pounds of freshly fried tortilla chips. The fast-casual restaurant has tried to innovate with its rewards-tracking app, Schroder talks about how important it is to capture the millennial consumer.
Plus, Moe's is a privately held company. Is now the time to go public? Schroder explains that as a private company its goals can be focused on the right priorities for its consumers.
Moe's has poked some fun at Chipotle's Queso reviews. Schroder says the conversation around Chipotle's not-so-great dip has actually helped sales because it's brought awareness to the dip!
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
