Finance

In an interview on Wednesday, Chipotle's CEO announced that the chain has doubled the amount of free food stores can give away to customers, according to CNBC . For the fourth quarter, Chipotle Mexican Grill recorded a 14.6 percent decline in comparable restaurant sales, reflecting the bacterial outbreak. Chipotle Mexican Grill Inc.
  • Former Chilliwack Chief found dead in upstate NY

    Finance

    Hutchinson and Annese, both students at the small-town school south of Rochester, N.Y., were in the second floor bedroom of a home rented mostly to members of the women's basketball team. An obviously shaken SUNY Geneseo President Denise Battles, who just assumed the presidency previous year, said the deaths are "heartbreaking" and said it is a "profoundly sad day".
  • Obama admin. proposes rule to limit gas flaring at drilling sites

    Obama admin. proposes rule to limit gas flaring at drilling sites

    Finance

    Some environmental groups, though, taking the opposite view, argue that the industry's high level of compliance indicates the regulations could have been made even stricter. "We'll be pushing to make sure that this rule is as strong as possible, because methane is the second-largest contributor to global warming, and oil and gas extraction is the biggest single source of methane emissions".
  • Chipotle to close all stores nationwide for one day

    Chipotle to close all stores nationwide for one day

    Finance

    The company's rash of food safety problems began in August of 2015 when health officials and the company reported that 64 customers in Minnesota were sickened with salmonella, and 100 Chipotle customers in southern California were reported with norovirus.
  • US crude prices stabilise after jumping from 2003 lows

    US crude prices stabilise after jumping from 2003 lows

    Finance

    OPEC , a group of some of the largest  oil  producing nations, typically cuts production to keep global oil prices high. "Prices are supposed to be set by the marginal barrel". The stockpiles are usually more than analysts predict, so the market is taking this as a positive sign for a stronger price. "It will take time for this  increase  in production to be transported on the commercial tanker fleet given the financial sanctions still in place and reluctance of insurance providers to cover ...
  • Wal-Mart Gives 1.2 Million Raises, but Critics Cry Foul

    Finance

    Vacation, sick time, personal time and holiday time will be combined into one category, and full-time hourly employees will be allowed to carry over up to 80 hours of paid time off year-to-year. The move is part of the company's $2.7bn investment announced a year ago aimed at improving wages, training and benefits. But the giant retailer said Wednesday that hourly workers employed in its stores as of December 31 would get at least a 2% pay bump.
  • More Than a Million Walmart Employees Will Get a Raise Next Month

    Finance

    Walmart is giving its full-time hourly associates and salaried employees a company-paid Short Term Disability Basic plan that will pay 50 percent of their average wages up to $200 per week, for up to 26 weeks. The ruling was hailed by one labor group as a "huge victory" for employees, although Wal-Mart indicated it would likely appeal the decision to the labor agency's board in Washington, and pointed to its recent efforts to improve worker benefits and raise pay.
  • Oil prices stretch gains on cold US, European weather

    Oil prices stretch gains on cold US, European weather

    Finance

    As an effect, global markets would encounter a surplus of 1.5 million barrels per day, in the first six months of 2016. On a quarter-over-quarter basis, OPEC crude oil supply has consistently increased in the past two years. Shell's profits for 4QFY15 declined more than 50% due to the slump in oil prices. The toll of oil, gas and mining industry job losses is continuing as thousands more posts are axed worldwide.
  • Chipotle Will Close All of Its Locations for One Day

    Finance

    He said that Chipotle is planning to lure back customers with a new marketing campaign in February. New sanitation procedures are also rolling out at Chipotle restaurants as well as the implementation of additional food safety training for all restaurant employees, officials stated .
  • Major Weekend Snowstorm Threatens East Coast

    Finance

    The National Weather Service has issued a Blizzard Warning for the immediate D.C. area that is in effect starting Friday afternoon through 6 a.m. "New Yorkers should be ready for a big storm this weekend", de Blasio said. Coastal residents shouldn't worry about Superstorm Sandy-level conditions, however, as the storm is traveling parallel to the coast, not perpendicular.
  • Time to push for nuclear talks without North Korea: Seoul

    Finance

    KCNA identified the student as Warmbier Otto Frederick, saying he was under investigation. North Korea says it has arrested an American university student for alleged anti-state acts. SEOUL, South Korea (AP) - A senior US diplomat stepped up pressure on China on Wednesday to play a leading role in punishing North Korea for its recent nuclear test that raised worries about advancements in its bomb program.
  • Verizon Will Not Be Bringing Back Unlimited Data

    Verizon Will Not Be Bringing Back Unlimited Data

    Finance

    You'll know the content is safe to consume courtesy of a bee icon next to it. The company is calling this its FreeBee Data service, which is in beta as of today. Shammo remarked in the interview that "promotions come and go", and that Verizon can't possibly react to every single one, which is why it's going to stick with no unlimited data offerings for now.
  • Southwest Airlines (LUV) Stock: Q4 Earnings Highlights

    Finance

    Like other airlines, Southwest benefited greatly from plunging oil prices. The stock decreased 0.72% or $0.28 during the last trading session, hitting $39.31. This missed our consensus estimate of $4,990 million. Including special items such as the change in the market value of Southwest's outstanding hedges, the company earned $536 million in the fourth quarter.
  • Walmart Increases Pay For More Than 1.2 Million Employees

    Finance

    The company plans to increase the starting wages in each of its four pay levels, giving employees making the current minimum a raise between $.60 and $2 per hour. Looking at Wal-Mart's stock prices for the past year, they do seem as though they have significantly decreased. More than 95% of the stores set to be closed in the USA are within 10 miles of another Wal-Mart.
  • Walmart to give raises to more than a million workers

    Finance

    As a result of the latest pay increase taking effect next month, the average full-time hourly wage at Wal-Mart stores will be $13.38, up from $13. Wal-Mart CEO Doug McMillon said in October that last year's investment in wage increases, along with improved training, cost $1.2 billion.
  • Blizzard to paralyze East Coast with 2 feet of snow

    Blizzard to paralyze East Coast with 2 feet of snow

    Finance

    The National Weather Service said in a statement Wednesday that 12 to 16 inches of snow could come down between Friday night and Sunday morning around the Interstate 95 corridor. region. The thought at the moment is the storm will fall below criteria for a blizzard - three consecutive hours of sustained winds 35 mph or above and visibility of a quarter-mile or less - in the region.
  • Stephen Colbert Does a Perfect Sarah Palin Impression

    Stephen Colbert Does a Perfect Sarah Palin Impression

    Finance

    Trump has previously shared freakish tweets going after two other Republican candidates: former Florida Gov. Jeb Bush (R) and retired neurosurgeon Ben Carson. "And I think it has to do with more than ethanol", Trump said Wednesday, when he praised Branstad as "an awesome guy". "If he turned on the TV in Iowa or New Hampshire, he'd see the real alliance in this race is the Bush and Cruz super PACs attacking Marco".
  • Chainz Donates House To A Family Of 11

    Chainz Donates House To A Family Of 11

    Finance

    PROGRESSION CHURCH/ATLANTA created a GODFUNDME to help the family through its hardships during the holidays. 2 Chainz says he is continuing to give back even though it is past the holiday season and he is not looking to gain anything from it.
  • How the Dow Jones industrial average fared on Tuesday

    How the Dow Jones industrial average fared on Tuesday

    Finance

    The S&P 500 has fallen 8 percent so far this year, losing more than $1.4 trillion in value, according to Thomson Reuters data. Meanwhile, the core consumer price index, which strips out volatile items such as food and energy , rose 2.1% year-on-year in December 2015, slightly more than the 2% gain recorded in the previous month.
  • Actors with the Most Oscar Nominations Before Their First Win

    Finance

    Four times he's come up short for his acting work (and a fifth time for producing), but the Academy has a way of righting any perceived wrongs and legendary actors rarely end their careers without a statue. Many expected a nomination for Ridley Scott to match the seven that his movie, the much-loved " The Martian ", had elsewhere. As a producer of " The Martian ", he does have a shot at walking away with that golden statuette if it wins best picture , though.
  • Chipotle Temporarily Closing All Stores on One Day

    Finance

    There have also been dozens of cases of Chipotle customers being sickened with E. coli in nine states over the last few months. "I represent a total of 75 people, but I haven't filed all their lawsuits yet", Marler claims.
  • Palin joins Trump in call to 'make America great again'

    Finance

    Track Palin was charged with assault, interfering with the report of a domestic violence crime and possessing a weapon while intoxicated in connection with the incident. The endorsement comes as Trump is locked in a dead heat with Cruz in Iowa. "I just hope that she's not a vice presidential candidate with Trump", Penn said.
  • Powerball Jackpot Increases Again To $1.5 Billion

    Finance

    The drawing for $1.5 billion will take place on Wednesday at 10:12 p.m., and sales will be cut off at 9:00 p.m. on Wednesday. While the current $1.5 billion prize is by far the largest ever up for grabs in North America, Spain's El Gordo lottery, or "the Fat One", had a prize pool of $2.45 billion in December 2015.
  • Uber Set To Launch UberEats Food Delivery Service In 10 US Cities

    Uber Set To Launch UberEats Food Delivery Service In 10 US Cities

    Finance

    A service similar to UberEats was first launched past year as a lunchtime-only service in around a dozen cities and used Uber's network of millions of drivers to deliver goods. Despite only making this food-delivery service available now, UberEats was actually launched in Los Angeles in 2014. Uber says it will estimate the amount of time a food order will take to prepare, and then locate a nearby driver to pick it up when Uber predicts it's ready.
  • Volkswagen says to continue discussions with EPA on Wednesday

    Finance

    But federal regulators have not shied away in recent days from publicly expressing their frustration with the company. Europe's largest automaker is in the midst of complex technical talks with the California board and counterparts at the EPA about possible fixes for 480,000 diesel cars.
  • Released US prisoner speaks on ordeal

    Finance

    A smiling Jason Rezaian on Wednesday made his first public appearance since being released from an Iranian prison, briefly waving to a crowd of reporters in Germany and saying he "can't wait to get home". Rezaian, along with former U.S. Marine Amir Hekmati and pastor Saeed Abedini arrived late Sunday at Landstuhl for treatment. Hekmati was convicted in a secretive trial and sentenced to death in 2012, but the sentence was later overturned.
  • Iran Criticizes U.S. Over New Sanctions

    Finance

    The US imposed sanctions on 11 companies and individuals on Sunday for supplying Iran's ballistic missile programme, in a move delayed by more than two weeks so as not to endanger this weekend's release of US prisoners . One more Iranian-American released under the same swap, Nosratollah Khosravi-Roodsari, was not aboard the aircraft. "We're going to have to be extremely vigilant in how we pursue existing sanctions and how we array our collection platforms for intelligence in order to be on ...
  • Oscar Nominee Ruffalo 'Sympathetic' To Boycott

    Finance

    However, Trump admitted, "With all of that being said, it would certainly be nice if everybody could be represented properly". The comments by the two-time Academy Award nominee and honorary Oscar recipient came amid concerns about a lack of racial minorities in the movie industry and at the Academy of Motion Picture Arts and Sciences, whose members for the second consecutive year nominated no actors of color.
  • Winter Storm or Heavy Rain Possible This Weekend

    Winter Storm or Heavy Rain Possible This Weekend

    Finance

    Wednesday Night: Mostly cloudy, with a low around 17. But the area most likely to get hit with the most snowfall is Southeastern Massachusetts and Rhode Island, forecasters said. But it's expected that the region will suffer the same experience with Jonas , which will affect over 50 million Americans. I will be talking about our 2016 Crop Weather Outlook, Crop outlook in Brazil, 2016 epic Hurricane season in the making and why all this adds up to a big rally in Corn by July! The map below ...