A change at the top for Chipotle: the chain is bringing in Taco Bell CEO Brian Niccol to run the company. Chipotle has seen a drop in sales partly related to food safety issues. Niccol has run Taco Bell for three years.
Netflix adding yet another big producer to its roster for its upcoming original content. Award-winning producer-director, Ryan Murphy could be offered $300 million to work exclusively with Netflix for the next five years. Murphy is known for such hits as Glee, American Horror Story, and Nip/Tuck.
Flynn, a five-year-old Bichon Frise, took home Best in Show honors at the Westminster Kennel Club dog show on Tuesday. He beat out six other finalists, including Biggie the Pug, Slick the Border Collie, and Ty the Giant Schnauzer. Almost 2900 dogs competed in the big show, representing 202 breeds and varieties. This is Flynn's final year competing at Westminster.
Dan Geltrude, managing partner of Geltrude & Co., joined Cheddar News to discuss why it's vital for a college student to begin budget preparations early for college tuition. "It's developing good financial habits," he said. "I'm a strong proponent that in high school, there should be some teaching, some course ... about personal finance."
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to discuss the market ahead of the Federal Reserve's meeting on Wednesday and as investors digest JPMorgan's takeover of First Republic Bank, which was recently seized by regulators. A slew of earnings are also slated to be released this week as well.
The saga of Adidas' high-profile break-up with Ye, formerly known as Kanye West, continues. Investors have filed a class action lawsuit alleging that executives were aware of Ye's behavioral issues well before Adidas ended its relationship with him last October.
The top financial concern for Americans in 2023 is inflation. Sudha Chandrasekharan, SVP, of Global E-Commerce at Auctane, joins Cheddar News to discuss how this outlook will change consumer spending habits, and why e-commerce is playing a vital role in the economy.
Charlie Munger, vice chairman of Berkshire Hathaway, told the Financial Times that the U.S. commercial property market is in trouble. “It’s not nearly as bad as it was in 2008,” he said. “But trouble happens to banking just like trouble happens everywhere else.”
