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.
Federal Reserve Chair Jerome Powell was tricked into an extended phone call in January with Russian pranksters posing as Ukrainian President Volodymyr Zelenskyy, during which Powell appeared to discuss the economic impact of interest rate hikes.
Amazon on Thursday reported stronger-than-expected revenue and profits for the first quarter, sending its stocks higher in after-hours trading. But its prices took a dip in the evening amid concerns about a continued slowdown in the company's profitable cloud computing unit AWS.
A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year.
As a growing number of overweight Americans clamor for Ozempic and Wegovy — drugs touted by celebrities and on TikTok to pare pounds — an even more powerful obesity medicine is poised to upend treatment.
A California judge is ordering Tesla CEO Elon Musk to be interviewed under oath regarding statements about the safety and capability of the car maker's autopilot features.
David Wright, president and owner of Wright Financial Group LLC, joined Cheddar News to discuss Thursday's trading as stocks closed higher amid strong tech profits. But Wright says banking stress could sway markets down as the Federal Reserve could weigh more rate increases.
