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 U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.
Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.
Disgraced Theranos CEO Elizabeth Holmes has avoided starting her more than 11-year prison sentence on Thursday by deploying the same legal maneuver that enabled her co-conspirator in a blood-testing hoax to remain free for an additional month.
When people think of asset classes, most think of stocks and bonds. Mark Hamrick, senior economic analyst with Bankrate.com, joined Cheddar News to discuss why the current economy is making the cash savings account a more worthwhile investment than it's been in previous years.
The National Labor Relations Board said Tesla was found guilty of breaking U.S. labor law after telling employees to not discuss or complain about wages.
Christine Short, vice president of research with Wall Street Horizon, joined Cheddar News to discuss Wednesday's trading session as positive earnings from some tech companies lifted stocks. "This is the safe haven for investors, the barometer of global growth depending on the company we're talking about," she said.
