Chipotle plans price increases after pausing hikes this year
Chipotle plans price increases after pausing hikes this year
is planning to raise prices again. "For the first time in over a year, we will be taking a modest price increase to offset inflation," Chipotle Chief Corporate Affairs Officer Laurie Schalow said in a statement to CNBC. The company did not...
2023-10-13 15:39:02
<b>Walgreens (WBA) earnings Q4 2023</b>
Walgreens (WBA) earnings Q4 2023
on Thursday offered soft profit guidance and fiscal fourth-quarter earnings that fell short of expectations, as demand for and sinks in the U.S. The retail pharmacy giant – squeezed by the transition out of , a , its wobbly push into heal...
2023-10-13 15:38:56
<b>UAW launches key strike against Ford's Kentucky truck plant</b>
UAW launches key strike against Ford's Kentucky truck plant
DETROIT — The United Auto Workers union launched an unexpected strike against at the automaker's highly profitable SUV and pickup truck plant in Kentucky. The strike was effective at 6:30 p.m. ET Wednesday at Ford's Kentucky Truck Plant,...
2023-10-13 15:38:51
Delta Air Lines (DAL) Q3 2023 earnings
Delta Air Lines (DAL) Q3 2023 earnings
Delta and other airlines their third-quarter forecasts in recent weeks because of a surge in fuel prices. "Obviously there's some short-term pressure on fuel as fuel rose quickly in the third quarter and stayed relatively high into the four...
2023-10-13 15:38:45
AMC CEO Adam Aron discloses online blackmail attempt last year
AMC CEO Adam Aron discloses online blackmail attempt last year
CEO Adam Aron confirmed Thursday he was the victim of a blackmail attempt by a New York woman last year. The case had been , identifying the victim in legal documents only as a CEO of a publicly traded company. News outlet Semafor that Aron...
2023-10-13 15:38:39
Viasat won't replace damaged Americas satellite
Viasat won't replace damaged Americas satellite
shares rose Thursday after the company said it expects to meet financial growth targets earlier than expected and that it won't need to replace a damaged $750 million communications satellite. While Viasat's investigation into the root caus...
2023-10-13 15:38:34
Incoming Walgreens CEO doesn't mention pharmacy walkouts
Incoming Walgreens CEO doesn't mention pharmacy walkouts
Incoming Walgreens CEO on Thursday briefly the company's pharmacy staff, but made no mention of the they held this week over poor working conditions. The walkouts reflect rising dissatisfaction among pharmacy employees, who have complained...
2023-10-13 15:38:28
Maersk signs with SpaceX to add Starlink internet to over 330 ships
Maersk signs with SpaceX to add Starlink internet to over 330 ships
Danish logistics giant Maersk is adding SpaceX's Starlink to more than 330 container ships, the companies announced Thursday. Maersk said the installation of the Starlink internet service is expected to be complete by the first quarter of n...
2023-10-13 15:38:23
SAG-AFTRA strike continues as talks break down
SAG-AFTRA strike continues as talks break down
Forget about a Hollywood ending for actors and studios — for now. After just under two weeks, negotiations between the Screen Actors Guild-American Federation of Television and Radio Artists and the Alliance of Motion Picture and Televis...
2023-10-13 15:38:17
Joe Biden meets with Target CEO Brian Cornell and business leaders
Joe Biden meets with Target CEO Brian Cornell and business leaders
CEO Brian Cornell met with President on Thursday afternoon as the retailer — and the White House — try to figure out U.S. consumers. Cornell is one of about a half-dozen business leaders across industries who offered up their point of...
2023-10-13 15:38:12
David Beckham says he supports Manchester United sale
David Beckham says he supports Manchester United sale
During the CNBC interview, Beckham also discussed his various other ventures, including his ongoing business partnership with Authentic Brands CEO Jamie Salter. Authentic Studios, under Authentic Brands was behind the creation of the newly...
2023-10-13 15:38:06
<b>Comcast, Disney hire Morgan Stanley, JPMorgan to value Hulu</b>
Comcast, Disney hire Morgan Stanley, JPMorgan to value Hulu
and have hired investment banks to value Hulu, the next step in what's been a nearly five-year process to put the streaming service under one owner. Comcast, which owns one-third of Hulu, has hired , and Disney, which owns the other two-thi...
2023-10-13 15:38:01
Hollywood, auto strikes dent Delta business travel
Hollywood, auto strikes dent Delta business travel
Recent strikes by Hollywood talent and United Auto Workers union members are a "drag" on business travel demand, which is otherwise recovering, President Glen Hauenstein said Thursday. Delta has an outsized exposure to the automotive and en...
2023-10-13 15:37:55
Dollar General stock jumps after it brings back former CEO
Dollar General stock jumps after it brings back former CEO
former CEO Todd Vasos is coming out of retirement to helm the company, which aims to rebound from slowing growth and allegations of unsafe working conditions. Vasos, who served as the discounter's CEO between June 2015 to November 2022, wil...
2023-10-13 15:37:49
Ford-UAW contract talks: Automaker 'at the limit' of what it can offer
Ford-UAW contract talks: Automaker 'at the limit' of what it can offer
DETROIT – is "at the limit" of what it can offer the United Auto Workers union in terms of economic concessions, an executive said Thursday as contract negotiations continue for roughly 57,000 U.S. workers. Kumar Galhotra, president of th...
2023-10-13 15:37:43