Articles

Chipotle Mexican Grill Inc. said Wednesday it’s planning to use artificial intelligence to speed up its efforts to hire 20,000 people in preparation for its busiest time of the year, from March to May.

The revenue miss — driven by higher costs of food, beverage, packaging and bone-in chicken wings — offset a profit beat.

Nikola to pursue an auction and sale of its assets, and will continue “limited operations” during the sale process.

Recent research suggests that interest rates are higher than they should be

The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent Capri Holdings Ltd.

Etsy’s stock was down 7% in premarket action after it came up short of revenue expectations while beating its profit mark.

Get ready for the “first year of the last leg of the bull run,” says ValueWorks’ Charles Lemonides.

By some measures, U.S. large-cap stocks are trading at the highest — or near the highest — premium to fundamentals like sales and profits since the end of the dot-com era.

Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.

Oil futures rose Wednesday, finding support on curtailed supply from Russia as traders also monitor talks aimed at ending the war in Ukraine.

Philips shares fell sharply on Wednesday as the Dutch healthcare equipment maker again warned on China and again triggered a big drop in its stock price.

One of the Japanese trading houses that Warren Buffett’s Berkshire Hathaway holds has agreed to invest $5.3 billion in an untapped iron-ore project in Western Australia.