Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.
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Media companies look to woo advertisers as spending shifts to digital
Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.
Squarespace to go private in $7 billion private-equity deal
Permira agreed to take Squarespace private less than three years after it first went public in 2021.
NHL's Coyotes CEO, other Latino executives launch platform to promote Hispanics in sports
A group of Latino executives are starting an organization to promote Hispanic advancement within the sports industry.
Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street
Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their first profits.
Donald Trump shuts down rumors about considering Nikki Haley for vice president
Donald Trump has several names on his VP shortlist already, including Sen. Tim Scott, Rep. Elise Stefanik and Gov. Doug Burgum.
How the Fed’s quest for transparency made markets more volatile
Markets often respond to Fed comments with big price swings, and recent research shows they are particularly reactive to Fed Chair Jerome Powell.
How retailers like Best Buy, T.J. Maxx and Home Depot quietly target 'problem' returners
The latest crackdown on returns is only that latest effort by retailers to tamp down on return losses, with many U.S. names using third-party tracking software.
Sam Altman's nuclear energy company Oklo plunges 54% in NYSE debut
Sam Altman, best known as the CEO of OpenAI, is also chairman of a nuclear power company called Oklo, which has just gone public through a SPAC.
Elon Musk's X loses lawsuit against Bright Data over data scraping
A federal judge in California dismissed a lawsuit filed by Elon Musk's X against Israel's Bright Data, and said X "wants it both ways."
Fat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan scheme
Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.
Novavax shares nearly double on Sanofi deal to commercialize Covid vaccine, develop combination shots
The deal will allow Novavax to lift its "going concern" warning, which it first issued in 2023 due to having "substantial doubt" about its ability to survive.
Michael Cohen on deck as Trump prosecutors say they could rest case next week
The Donald Trump hush money trial wrapped up a week that featured testimony from porn star Stormy Daniels and two former White House aides.
Consumer sentiment tumbles as inflation fears surge
The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.
Apple apologizes for iPad Pro ad showing hydraulic press destroying guitars, piano
Apple on Thursday took the unusual step of apologizing for a short advertising video promoting the company's new iPad Pro tablet.
Tesla accused by NLRB of creating policies to chill workers' unionizing efforts in Buffalo
The NLRB is accusing Tesla of taking steps to keep employees in Buffalo, New York, from unionizing, according to a complaint filed late Wednesday.
Moderna says FDA delayed RSV vaccine approval to end of May
The FDA has not informed Moderna of any issues related to the vaccine's safety, efficacy or quality that would prevent its approval, the biotech company said.
House committee asks Microsoft's Brad Smith to attend hearing on security lapses
Microsoft has been facing pressure after Chinese hackers breached Commerce Secretary Gina Raimondo's email account. Congress wants to get involved.
Hunter Biden loses appeal bid to dismiss criminal gun case in Delaware before trial
Hunter Biden, the son of President Joe Biden, claims separate criminal prosecutions against him on gun and tax charges are politically motivated.
Trump loses second bid for mistrial in hush money case
Donald Trump is charged with falsifying business records to cover up a hush money payment made to Stormy Daniels ahead of the 2016 presidential election.
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