Chipotle Mexican Grill easily tops earnings estimates, as higher prices help offset food inflation
Beef and queso costs rose this quarter, largely offsetting last year's menu price hikes.
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Kids are attending pro-Palestinian protests on Roblox
Kids are attending Israel-Hamas war protests on Roblox, and so far, a pro-Palestinian virtual protest has been visited more than 275,000 times.
Southwest slows 2024 growth as travel demand moderates
Southwest's net income in the third quarter dropped 30% from a year earlier.
Trump attacks judge in NY fraud case who fined him $15,000
The latest attacks show Trump turning to the court of public opinion to fight his mounting legal challenges.
Hertz pulls back on EV plans citing Tesla price cuts, high repair costs
Hertz now has 35,000 Tesla vehicles and around 50,000 electric vehicles in its fleet.
Bristol Myers Squibb earnings top estimates even as top-selling drug fights generic competition
Bristol Myers Squibb’s revenue was in line with estimates, but fell slightly from the same period last year due to lower sales of blood cancer drug Revlimid.
Merck results beat expectations on strong Keytruda sales, surprise Covid drug growth
Merck's revenue and earnings beat expectations, and it hiked its sales forecast while lowering its profit outlook.
Tech stocks suffer two-day selloff as investors find 'wrinkle or two' in Alphabet, Meta earnings
Despite better-than-expected results from Alphabet and Meta, investors dumped the stocks and rest of the tech sector over the past two days
'Grandpa Google': Search head testifies that young users see it as out of style
Prabhakar Raghavan testified that threats to Google's position are very much real, and innovation at the search engine has allowed it to maintain market share.
Biden hails hot GDP report, but voters don't see the rosy picture Wall Street does
"I never believed we would need a recession to bring inflation down," said President Joe Biden, after a new GDP report showed 5% growth last quarter.
Comcast sinks despite profit beat, as broadband subscribers slip and ad revenue slumps
Comcast revenue and earnings both topped analyst estimates as theme park sales rose, and Peacock added 4 million subscribers.
Jack Smith says Trump is 'threatening' witness, asks judge in DC case to reimpose gag order
Smith accuses Trump of trying to intimidate witnesses, including his former chief of staff Mark Meadows.
The U.S. consumer is 'walking towards a cliff,' strategist warns
Trouble is brewing for the U.S. consumer, according to one strategist, and a substantial labor market downturn could kick-start a recession.
Maine communities locked down after gunman kills 18; manhunt underway
No suspect has yet been named, but a person of interest, Robert Card, was identified — he's considered armed and dangerous
How the long-awaited recession became a 'richcession' for America's wealthy
There may finally be proof of a recession, but only for the wealthy.
GM, Honda scrap plans to co-develop 'affordable' sub-$30,000 EVs
The cancellation by GM and Honda is the latest in a growing number of decisions by automakers to scale back or scrap previously announced EV plans.
European Central Bank holds interest rates steady after 10 consecutive hikes
The ECB ended its record run of rate hikes despite new upside risks to inflation.
Ford, UAW reach tentative deal to end labor strikes
UAW and Ford have reached a tentative agreement that could end a nearly six-week strike at the automaker, the union announced Wednesday night.
Pfizer's combination Covid, flu vaccine will move to final-stage trial after positive data
Pfizer, Moderna and Novavax believe combination shots will simplify the process for people to protect themselves against Covid and the flu.
Trump storms out of fraud trial after judge clashes with his attorneys, fines him $10,000 for violating gag order
Donald Trump stormed out of the trial after a judge, who had just fined him $10,000 for violating his gag order, rejected a bid for a verdict in Trump's favor.
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