Business News
Chipotle shuts Ohio restaurant after reports of illness
Chipotle Mexican Grill Inc has shut a restaurant in Ohio following reports of customers falling sick after eating there, the burrito chain said on Monday.
Month: July 2018
Trading Ideas
Instructure (INST) Reports Q2 Loss, Tops Revenue Estimates
Instructure (INST) delivered earnings and revenue surprises of 4.00% and 1.11%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock? …read more […]
Business News
Chipotle shuts Ohio restaurant after reports of illness: Business Insider
Chipotle Mexican Grill Inc has shut a restaurant in Ohio following reports of customers falling sick after eating there, Business Insider reported on Monday.
Trading Ideas
Chipotle falls on report Ohio location closed after custo…
CNBC’s Seema Mody reports. …read more […]
Business News
Uber to stop developing self-driving trucks
Uber [UBER.UL] will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology solely on cars.
Trading Ideas
Why Sohu.com, Netflix, and American Express Slumped Today
On a down day for Wall Street, these stocks suffered outsize drops. …read more […]
Business News
CBS CEO Moonves survives board meeting amid misconduct probe
CBS Corp’s board left embattled Chief Executive Leslie Moonves in his post on Monday as it discussed sexual harassment claims against him and took steps to select an outside counsel to lead an independent investigation into the matter.
Business News
Widespread tech sell-off drags Wall St. down
A broad sell-off of technology stocks pushed the three major U.S. stock indexes lower on Monday, with the Nasdaq Composite posting its third consecutive loss of more than 1 percent for the first time in three years just days after hitting a record high.
Business News
CBS takes no immediate action on Moonves as it selects lawyers for probe
CBS Corp’s board on Monday took no immediate action over allegations of sexual misconduct by Chief Executive Leslie Moonves but said it was in the process of selecting an outside counsel to lead an independent investigation into the matter.
Business News
U.S. seeks to end criminal fraud case against bond trader Litvak
U.S. prosecutors on Monday moved to dismiss their criminal fraud case accusing former trader Jesse Litvak of lying to customers about bond prices, after two convictions of the former Jefferies managing director were overturned on appeal.
Trading Ideas
GE hires bankers to mull sale of digital assets: WSJ
GE’s multibillion-dollar digital business, which includes its Predix software system and applications, has been struggling with technical issues and weakening sales. GE has been seeking partners to invest in GE Digital as it narrowed the target markets for the division and abandoned plans to build a cloud platform, instead partnering with Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O) clouds. Faced with cash constraints and falling profits at its large power business, GE chose to reduce investment in the digital unit and focus on partnerships. …read more […]
Business News
Wall St. ends lower; Nasdaq leads the decline
A broad sell-off of technology stocks pushed all three major U.S. stock indexes lower on Monday, with the Nasdaq Composite posting its third consecutive loss of more than 1 percent for the first time in three years just days after hitting a record high.
Business News
With nimbler bikes, Harley sharpens Asia focus to revive growth
Harley-Davidson Inc is launching lightweight motorcycles in Asia and electric bikes globally in the hope of reviving demand, as it faces falling sales in the United States and the threat of trade tariffs adding to its costs.
Business News
Bitcoin slips below $8,000 as investors step away from risk
Bitcoin briefly fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices, after a sell-off in shares of technology and internet companies spilled over into other risky assets.
Business News
Bitcoin slips below $8,000 as investors pare risks
Bitcoin fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices and other risky assets, weighed down by further losses in technology and internet companies.