Chipotle Mexican Grill will open its first location in Mexico early next year as the latest stage in its international expansion. The company announced Monday that it has signed a development agreement with Alsea, which operates Latin American and European locations of Starbucks, Domino’s Pizza and Burger King, among other chains. After the initial restaurant opens in 2026, Chipotle plans to explore “additional expansion markets ...
Nico Iamaleava has a new home. The former Tennessee quarterback is headed to UCLA, returning to his home state after a tumultuous end to his two seasons with the Volunteers, he announced via a post on Instagram. The Bruins later posted of Iamaleava’s transfer, making the move official: The move to UCLA comes after Iamaleava fell out of favor with ...
Bitcoin (BTC) ending its 8-day consolidation as it shot up just 2.76% in early Asian session on Monday. This sudden uptrend caused liquidation of nearly $100M in shorts in the crypto market. Despite a 2.76% rally in Bitcoin price, $82M in BTC positions were wiped. Ethereum rose just 4.15% leading to force-closing of $40M positions. XRP price climbed 2.63%, causing ...
The Federal Reserve is the most powerful central bank in the world. It manages the dollar, anchors global interest rates, and plays a central role in financial stability. Its independence from political pressure has been treated as non-negotiable since its creation. But now that independence is being tested. President Donald Trump is said to be looking at options to fire ...
Asian stocks delivered a mixed performance in thin holiday trade on Monday, with markets in Hong Kong, Australia, and New Zealand closed for the Easter holiday. Investors navigated lingering US-China tensions, a volatile dollar, and fresh political drama in Washington. The US dollar slumped after President Donald Trump escalated criticism of Federal Reserve Chair Jerome Powell, threatening to remove him ...
Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted a big beat on operating margin for the first quarter, reporting 31.7% compared with the average estimate of 28.5%, according to StreetAccount. And it guided well above analyst estimates for the second quarter ...
It’s a girl!!!! Los Angeles Dodgers designated hitter Shohei Ohtani and his wife, Mamiko Tanaka, announced the birth of their daughter on Saturday. Ohtani missed the opening two games of their road series against the Texas Rangers after being placed on MLB’s paternity list in preparation for the birth. “Welcome to the Ohtani Family!,” Ohtani said on social media. “I ...
Crypto Market Highlights: Another week has ended within the unpredictable world of cryptocurrencies, and investors are left cautious due to turbulent price actions. Bitcoin (BTC) price has traded around the same level in the past 7 days, whereas Ethereum (ETH) managed to lose nearly 1% within the exact duration. Ripple’s XRP price continued its consolidation phase this week, adding to ...
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability in its most iconic creations—the Birkin and the Kelly handbags. The company reported a 7% rise in sales for the first quarter of 2025, narrowly missing analysts’ expectations, yet confirming its status as one of the sector’s most resilient players. While ...
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability in its most iconic creations—the Birkin and the Kelly handbags. The company reported a 7% rise in sales for the first quarter of 2025, narrowly missing analysts’ expectations, yet confirming its status as one of the sector’s most resilient players. While ...
Antisemitism in Canada has exploded in the aftermath of Hamas’ Oct. 7, 2023, massacre, reaching record numbers last year and becoming a central issue for the country’s Jewish community ahead of an April 28 federal election. Last week, Conservative Party leader Pierre Poilievre, the main challenger to Prime Minister Mark Carney accused pro-Hamas protesters of staging ‘hate marches’ and vowing ...
Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller of the Currency, the regulators announced on Friday. “The Board evaluated the application under the statutory factors it is required to consider, including the financial and managerial resources of the companies, the convenience and needs of the communities ...