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- BusinessYahoo Finance
Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results
Chipotle posted another strong quarter against a difficult macro backdrop.
3-min read - BusinessAssociated Press Finance
Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline
Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline. The Dearborn, Michigan, automaker said Wednesday it made $1.33 billion from January through March, compared with $1.76 billion a year earlier. Excluding one-time items, Ford made 49 cents per share, enough to beat analyst estimates of 43 cents, according to FactSet.
1-min read - BusinessChicago Tribune
Chicago-based Dutch Farms makes bid to buy bankrupt Oberweis Dairy
Oberweis Dairy, which filed for Chapter 11 bankruptcy protection earlier this month, announced Tuesday that it has found a buyer for its century-old family business. Brian Boomsma, owner of Chicago-based Dutch Farms, made a stalking horse bid for nearly all of the operating assets of the company, with plans to “operate and grow the business” when it emerges from bankruptcy, Adam Kraber, ...
2-min read - NewsSacramento Bee
California’s largest state development unveiled in Sacramento, honors legendary state worker
The 1.25 million-square-foot, $1.03 billion complex is the country’s largest all-electric, zero-carbon office complex.
3-min read - BusinessTime
Ken Chenault and Ken Frazier on the Challenge of Polarization Today
Ken Chenault and Ken Frazier said it would be harder to get CEOs to take a stand on issues like voting rights today than in 2021.
5-min read - PoliticsAssociated Press Finance
Missouri House backs legal shield for weedkiller maker facing thousands of cancer-related lawsuits
The manufacturer of a popular weedkiller won support Wednesday from the Missouri House for a proposal that could shield it from costly lawsuits alleging it failed to warn customers its product could cause cancer. The House vote marked an important but incremental victory for chemical giant Bayer, which acquired an avalanche of legal claims involving the weedkiller Roundup when it bought the product's original St. Louis-area-based producer, Monsanto. The legislation now heads to the Missouri Se
2-min read - BusinessYahoo Finance
Stock market today: Tesla surges 12%, stocks go nowhere amid earnings rush
Tesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.
1-min read