Business

A Chipotle restaurant in San Francisco on Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single digit percentage increase. Chipotle trimmed its same-store sales outlook …

Tesla’s latest launch was actually a … diner? Two Business Insider reporters visited the new Tesla Diner in Los Angeles within 24 hours of its grand opening this week. The retro-futuristic atmosphere is complete with rounded architecture, eye-catching neon lighting, 45-foot drive-in screens playing Sci-Fi classics like “Star Trek” and “War of the Worlds,” and servers darting around on roller …

Tom Hayes, Libor ‘Ringleader,’ Wins U.K. Appeal to Clear His Name  The Wall Street Journal UK Supreme Court quashes 2 bank traders’ convictions after deciding their trials were unfair  PBS Why have bankers had convictions quashed and what happens next?  BBC City trader Tom Hayes’s conviction for Libor rigging is overturned  The Guardian Vindication for two bankers. Questions for Britain’s legal system  The Economist Source …

Microsoft server hack has now hit 400 victims, researchers say  Reuters Chinese Hackers Are Exploiting Flaws in Widely Used Software, Microsoft Says  The New York Times Disrupting active exploitation of on-premises SharePoint vulnerabilities  Microsoft Nuclear Weapons Agency Breached in Microsoft SharePoint Hack  Yahoo Finance U.S. nuclear and health agencies hit in Microsoft SharePoint breach  The Washington Post Source link

How Japan Clinched a Trade Deal With Trump Just Days Ahead of the Tariff Deadline  The New York Times Japan trade deal info on Trump’s desk was altered by hand with a marker  CNBC Wall Street advances, gold retreats as trade talks progress boosts markets  Reuters Trump announces ‘massive’ trade agreement with Japan  CNN Japan Trade Deal Means Less Inflation. Bonds Are Pricing It …

At Meta, we work to protect young people from both direct and indirect harm. Our efforts range from Teen Accounts, which are designed to give teens age-appropriate experiences and prevent unwanted contact, to our sophisticated technology that finds and removes exploitative content. Today, we’re announcing a range of updates to bolster these efforts, and we’re sharing new data on the …

Here’s the good news: The Hershey Co. says it’s not raising prices for Halloween candy this year. But here’s the bad news: Hershey and other chocolate makers are continuing to hike prices, saying a volatile cocoa market gives them no choice. Hershey, the maker of Reese’s, Whoppers, barkThins and other chocolate candies, said Wednesday that it will be raising U.S. …

One of our biggest series this year is Power Hours, an inside look at the daily routines of top executives, founders, and creatives across industries. We want to understand what makes these people tick: why one wakes up at 4:15 a.m. to hydrate and meditate, another runs a 10K after arriving at the office, and a third moonlights as a …

AT&T’s quarterly revenue rose 3.4% ​from a year earlier, beating analyst expectations. – Gabby Jones/Bloomberg News AT&T gained wireless and internet subscribers in the second quarter and announced plans to invest further in its fiber-cable build-out with some of the billions of dollars it expects in tax savings under the recent tax-and-spending bill. The company added 401,000 net postpaid wireless …

In the summer of 2016, Alexandr Wang was a 19-year-old building his data-labeling startup, Scale AI, in a Silicon Valley pool house with his cofounder, Lucy Guo, while the two participated in the Y Combinator startup accelerator. When not working, the two founders slept on air mattresses and pondered the fledgling business’s potential. Less than a decade later, the pool …