Chipotle hopes that queso will win back customers scared away by norovirus and rodents
Chipotle Mexican Grill is betting big on queso, hoping that this — the chain's "most requested item" — will lure back customers who ditched the brand. Certainly, adding the popular item to its menu could give consumers something positive to talk about following a recent spate of bad news. The Mexican restaurant chain had hoped to put past food safety issues behind it, but last week a number of customers become ill with norovirus after dining at its Sterling, Virginia, restaurant. Chipotle ha..>> view original4 Must-See Quotes From Alphabet, Inc.'s Earnings Call
Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) second-quarter financial results were enlightening. A 21% year-over-year increase in total revenue and a 42% rise in Alphabet's "other" revenue during the same period proved the online search giant's growth story is far from over. But there's more useful insight to glean from the quarter than Alphabet's latest financial figures. The company's second-quarter earnings call was packed with more information about Alphabet. Here are the can't-miss quotes from ..>> view originalUber is overhauling its driver support systems in a bid to decrease turnover
Drivers can expect quicker fare fixes and protection from bad ratings for things that are out of their control. by Johana Bhuiyan@JMBooyah Jul 25, 2017, 12:00pm EDT. tweet · share · Linkedin. Adam Berry / Getty. Uber wants to respond better to drivers' ...>> view originalHyundai Motor profit slumps, warns China, US sales malaise to persist
SEOUL (Reuters) - Hyundai Motor posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political headwinds hit sales in China and slow U.S. demand continues. The South Korean firm - which together with affiliate Kia Motors is the world's No.5 automaker - has been betting earnings will recover gradually, but its plans have ground to a halt with China's backlash over Seoul's decision to deploy an anti..>> view originalNew York subway chief unveils emergency plan for 'failing' system
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FILE - In this March 29, 2017 file photo Dieter Zetsche, CEO of the Daimler AG, poses next to a car prior to the shareholders meeting of the car maker in Berlin, Germany. Automaker Daimler, maker of Mercedes-Benz cars, announces second-quarter earnings, Wednesday, July 26, 2017. (AP Photo/Michael Sohn, file) The Associated Press By DAVID McHUGH, AP Business Writer FRANKFURT, Germany (AP) — German automaker Daimler's profits barely rose and were short of market expectations in the..>> view originalWall Street regulator sets sights on digital coin offerings
(Reuters) - Wall Street's main regulator said on Tuesday that initial coin offerings (ICOs), a means of crowdfunding for blockchain technology companies, should be subject to the same safeguards required in traditional securities sales. ICOs have become a bonanza for digital currency entrepreneurs, allowing them to raise millions quickly by creating and selling digital "tokens" with no regulatory oversight. But the Securities and Exchange Commission (SEC) has said that the tokens can be consider..>> view originalAT&T shares rise after earnings beat
AT&T lost 199,000 subscribers, but the loss was offset by gains in its DirecTV Now online streaming service. The total number of video subscribers was essentially flat from last year, the company said. Stephens hailed bundle packages as a way to attract and keep customers. Since AT&T acquired DirecTV, the number of wireless subscribers with TV packages, TV subscribers with wireless plans and TV subscribers with IP broadband have all increased by double digits. "If you look up and see the deta..>> view originalNew diesel and petrol vehicles to be banned from 2040 in UK
Image copyright Getty Images New diesel and petrol cars and vans will be banned in the UK from 2040 in a bid to tackle air pollution, the government is set to announce.Ministers will also unveil a £255m fund to help councils tackle emissions from diesel vehicles, as part of a £3bn package of spending on air quality.The government will later publish its clean air strategy, favouring electric cars, before a High Court deadline.Campaigners said the measures were promising, but more detail was ..>> view originalAMD stock soars after strong guidance, earnings beat
Shares of Advanced Micro Devices soared after the company raised its outlook and reported earnings that topped expectations. The stock surged 10 percent in after-hours trading as more than 21 million shares changed hands on Tuesday. Here's how the company did compared to expectations, according to Thomson Reuters consensus estimates: EPS: 2 cents per share vs. break-even Revenue: $1.22 billion vs. $1.16 billion As strong as the company's second-quarter results were, tech analyst Patrick Moor..>> view original
Wednesday, July 26, 2017
Chipotle hopes that queso will win back customers scared away by norovirus and rodents and other top stories.
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