Year: 2025
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
Boxes of avocados are seen at the Central de Abastos market in Guadalajara, Jalisco state, Mexico, on Jan. 31, 2025. Ulises Ruiz | Afp | Getty Images Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only […]
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Match appoints Zillow co-founder Spencer Rascoff as CEO
FILE PHOTO: Spencer Rascoff, co-founder and executive chairman of dot.LA, speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images Match Group announced on Tuesday that Zillow co-founder Spencer Rascoff will serve as its new CEO. Rascoff, who has served as a […]
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Stocks making the biggest moves after hours: Alphabet, Chipotle Mexican Grill, Snap and more
Check out the companies making headlines after hours: Alphabet — Shares dropped 7.4% after Google parent Alphabet posted a revenue miss . Fourth-quarter revenue of $96.47 billion fell short of the $96.56 billion expected by analysts polled by LSEG. On the other hand, earnings per share of $2.15 exceeded the $2.13 consensus estimate. Chipotle Mexican […]
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Alphabet expects to invest about $75 billion in capital expenditures in 2025
Sundar Pichai, CEO of Google and Alphabet Inc., speaks at the inaugural 2024 Business, Government, and Society Forum at the Stanford Graduate School of Business in Stanford, California, U.S., April 3, 2024. Carlos Barria | Reuters Alphabet CEO Sundar Pichai said the company is planning another big year of spending as it continues to build […]
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Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast
A Chipotle restaurant stands in Manhattan, New York City, on Feb. 6, 2024. Spencer Platt | Getty Images Chipotle Mexican Grill on Tuesday said traffic to its restaurants keeps rising, helping the company top analysts’ estimates for its quarterly earnings. However, the burrito chain disappointed investors with its same-store sales forecast for 2025. Shares of […]
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All 67 victims in D.C. plane collision recovered, officials say
Family members visit the crash site on the banks of the Potomac River, where American Airlines flight 5342 collided with a US Army military helicopter, at Ronald Reagan Washington National Airport in Arlington, Virginia, on February 2, 2025. Tasos Katopodis | Getty Images News | Getty Images All 67 victims in last week’s deadly collision […]
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The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth
Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty Images A complicated scenario is emerging surrounding the tariff drama that could put the Federal Reserve in an uncomfortable Catch-22, unsure whether to use its policy levers to tame inflation or boost growth. With many […]
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Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push
Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images SAN FRANCISCO — What started as a casual roundtable at Stripe’s headquarters to discuss issues facing fintech companies turned into a billion-dollar acquisition that could become a defining moment for the industry. […]
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Healthy Returns: Why people quit weight loss, diabetes drugs within one year
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro. Picture Alliance | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Happy Tuesday! Most people quit a highly popular class of weight loss and […]
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Amazon to face legal action after Quebec warehouse closures trigger mass layoffs
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022. Graham Hughes | Bloomberg | Getty Images Amazon is set to face legal action from a Canadian union after the company’s decision to wind down warehouse operations in Quebec. The Federation of National Trade Unions, known […]
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