Month: August 2022
Why Chipotle would rather be loved by customers than feared by competitors
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill has evolved into one of the most popular restaurant chains in the U.S., something its management team says is a credit to a change in marketing messaging under CEO Brian Niccol. Chief marketing officer Chris Brandt, […]
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Georgia gubernatorial candidate Stacey Abrams tests positive for Covid, has mild symptoms
Stacey Abrams, Democratic gubernatorial candidate for Georgia, speaks during a news conference on Georgia’s economy in Atlanta, Georgia, US, on Tuesday, Aug. 9, 2022. Dustin Chambers | Bloomberg | Getty Images Democratic Georgia gubernatorial candidate Stacey Abrams has Covid-19, her campaign said Wednesday. Abrams campaign spokesperson Alex Floyd said Abrams tested positive for the respiratory […]
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Nikola CEO Mark Russell to retire at the end of the year
Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Grebert | Bloomberg | Getty Images Nikola CEO Mark Russell will retire at the end of the year, the company announced Wednesday. Russell will […]
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How Detroit moved on from its legendary bankruptcy
A new wave of development is rippling through downtown Detroit. “Walking around Detroit in 2008 or 2009 is not the same as walking around in 2022,” said Ramy Habib, a local entrepreneur. “It is absolutely magnificent what happened throughout those 15 years.” Between 2010 and 2019, just 708 new housing structures went up in the […]
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Buying a car and want to go electric? Inflation Reduction Act extends $7,500 tax credit — but with price, income caps
David Madison | Photodisc | Getty Images A federal tax break that’s available to car buyers for going electric may work differently starting next year. Under the Inflation Reduction Act — which received Senate approval on Sunday and is expected to clear the House this week — a tax credit worth up to $7,500 for […]
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Trump says he refused to answer NY attorney general’s questions in probe of his business
Former U.S. President Donald Trump leaves Trump Tower to meet with New York Attorney General Letitia James for a civil investigation on August 10, 2022 in New York City. James Devaney | Gc Images | Getty Images President Donald Trump on Wednesday said he refused to answer questions at a deposition by investigators for the […]
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Business travel costs are expected to rise through 2023, industry report says
Passengers wait for flights with their luggage at Heathrow airport in London Luke MacGregor | Reuters The cost of business travel, from hotels to airfare, is set to rise through 2023 as demand returns more than two years after the Covid pandemic began, according to an industry report published Wednesday. Business-travel airfare is on track […]
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TikTok parent ByteDance acquires private hospital chain
TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters TikTok parent-company ByteDance’s healthcare unit in China, Xiaohe Health, has acquired a high-end healthcare organization called Amcare Healthcare. Bloomberg said the deal is worth $1.5 billion. Amcare Healthcare was founded in […]
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Do you know what your credit score is? Here’s everything you need to know
It shouldn’t be a surprise that you need to have a good credit score for your overall financial health. But do you actually know what your credit score is, how to figure it out and why it matters? Watch this video, as CNBC’s Emily Lorsch breaks it all down. Source
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Goldman Sachs, JPMorgan and others warn investors away from Coinbase until ‘crypto winter’ ends
Several Wall Street analysts are warning investors to stay away from Coinbase until the cryptocurrency exchange operator works through a “crypto winter,” among other challenges. Coinbase dropped 5% premarket Wednesday after it lost more than $1 billion in the calendar second quarter, while revenue missed analyst estimates. The platform has been contending with a host […]
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