Chipotle Mexican Grill will open its first location in Mexico early next year as the latest stage in its international expansion. The company announced Monday that it has signed a development…
Business
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RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of higher prices for major U.S. manufacturers that rely on a…
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Business
Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems.
by adminNetflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted a big…
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Nintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99. Preorders for the hotly anticipated console were initially…
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Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller of the Currency, the regulators announced on Friday.…
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Business
Harvard’s battle with the Trump administration is creating a thorny financial situation
by adminHarvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April 14, Harvard University President Alan Garber announced the institution would not…
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Business
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
by adminFrench luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday. The…
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Business
Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
by adminTarget CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a boycott and a slowdown in foot traffic that…
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Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to…
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OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed. Windsurf, formerly known as Codeium, competes with Cursor,…