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.
The Gap is laying off 1,800 corporate workers, roughly three time the number of headquarters jobs it cut last fall, as the struggling chain cuts costs in a bid to become more nimble.
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
