Chipotle Mexican Grill Inc
Chipotle unveils sustainable-restaurant design as it aims to cut carbon footprint in half by 2030
Some of the new restaurants will include solar panels. Source: Chipotle Mexican Grill Chipotle Mexican Grill on Tuesday unveiled a new all-electric restaurant design aimed at helping the company reach its goal of cutting greenhouse gas emissions in half by 2030. Next year, more than 100 of the burrito chain’s new locations will use all-electric […]
Read More
Sweetgreen stock falls after Chipotle sues for trademark infringement over burrito bowl
Sweetgreen’s Chipotle Chicken Burrito Bowl Source: Sweetgreen Sweetgreen‘s stock fell 11% in afternoon trading Wednesday after Chipotle Mexican Grill filed a lawsuit against the salad chain alleging trademark infringement over its new “Chipotle Chicken Burrito Bowl.” Chipotle filed the suit in California federal court Tuesday, less than a week after Sweetgreen launched the menu item. […]
Read More
Chipotle to pay ex-employees $240,000 after closing Maine location that tried to unionize
Chipotle restaurant in Teterboro, New Jersey. SOPA Images | LightRocket | Getty Images Chipotle Mexican Grill has agreed to pay $240,000 to the former employees of an Augusta, Maine, location as part of a settlement for closing the restaurant when workers tried to unionize. Employees at the Chipotle restaurant filed a petition to unionize under […]
Read More
Home Depot says it will spend $1 billion to give hourly workers a raise
A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly employees a raise, as retailers and restaurants compete for workers. The home improvement retailer announced the wage investment as […]
Read More
Chipotle Mexican Grill to launch new spinoff, Farmesa Fresh Eatery, in a ghost kitchen
Chipotle Mexican Grill is launching a new spinoff, called Farmesa Fresh Eatery, in a California ghost kitchen. It’s the latest attempt by the burrito chain to branch out into new cuisines. Its past spinoffs — Asian ShopHouse and Tasty Made — occurred under founder Steve Ells’ leadership and were shut down by 2017. The company […]
Read More
Fast meals reigns supreme as inflation weighs on pricier dining places
A female waiting around in line to choose up an order at a McDonald’s cafe. Oleksii Chumachenko | SOPA Visuals | Lightrocket | Getty Photographs Rapid-meals chains are searching like the significant winners in the fourth quarter — and further than — as rapid-casual and relaxed-dining places to eat struggle to appeal to shoppers. Several […]
Read More
Listed here are Credit score Suisse’s favorite shares for February
Credit score Suisse refreshed its “leading of the crop” inventory picks for February, as the market place attempts to create on its potent get started to the calendar year. The S & P 500 is up more than 7% in 2023, as traders wager on easing inflation and the Federal Reserve slowing its rate of […]
Read More
Stocks making the biggest moves midday: CVS, Fortinet, Lumen Technologies, Alphabet & more
In this article LUMN GOOGL UA FTNT Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading Wednesday: Lumen Technologies — Shares fell 22.5% after the cloud network data company reported a fourth-quarter loss of about $3.1 billion. Its earnings guidance for the […]
Read More
Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more
Check out the companies making headlines in premarket trading. Uber said it is “currently responding to a cybersecurity incident” after reports that a hacker compromised its systems. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Uber — The ride-hailing app’s shares rose more than 7% after it posted fourth-quarter earnings that topped analyst […]
Read More