Latest in Chipotle CEO says company will absorb any cost increases from tariffs
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Chipotle CEO says company will absorb any cost increases from tariffs
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle ...NBC News - 20h -
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.CNBC - 1d -
Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase
President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...The Hill - 4d -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - 3d -
Europe’s car suppliers warn they will be unable to absorb Trump tariffs
US shares in Valeo and Forvia fall sharply amid uncertainty over protectionist measuresFinancial Times - 3d -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.CNBC - Feb. 20 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S.NBC News - Feb. 20 -
Faisal Islam: Any Starmer deal with Trump is all about avoiding tariffs
A deal to avoid further trade barriers appears very much on the cards, but challenges remain.BBC News - 3d -
China accuses US of 'blackmail' after Trump warns of increased tariffs
China’s officials condemned President Trump for his decision to add a 10 percent tariff on Chinese imports over the country’s alleged complicity in the international smuggling of fentanyl, a deadly ...The Hill - 3d -
US merchandise trade deficit surges ahead of expected tariff increases
Figures suggest companies are stockpiling goods ahead of levies promised by Donald TrumpFinancial Times - 3d -
TJ Maxx parent company says it will benefit from chaotic market conditions after strong holiday
The company behind T.J. Maxx, Marshall's and HomeGoods has seen growth start to slow down, but it's one of the few retailers that could benefit from tariffs.CNBC - 4d -
How Trump’s Tariffs Could Affect American Companies
Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.The New York Times - 1d -
How Trump’s Tariffs on China Are Affecting Toy Companies
A trade show for toys, most of which are made in China, showcased an industry, underneath the fun, rattled by President Trump’s higher tariffs.The New York Times - 53m -
Axon Enterprise CEO describes how the company aims 'to make the bullet obsolete'
Axon Enterprise CEO Rick Smith told CNBC's Jim Cramer on Wednesday how the company is trying to help police reduce gun use.CNBC - 4d -
Trump’s Tariffs Are Raising Costs for One of His Favorite Industries: Oil
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.The New York Times - 2d -
Cybersecurity expert warns of increased attacks from foreign adversaries
The FBI says that North Korea is responsible for stealing $1.5 billion in virtual assets from the cryptocurrency exchange Bybit last week. According to CrowdStrike, a cybersecurity firm, groups ...CBS News - 3d -
Trump Says Ukraine Should Look to Europe for Any Security Guarantees
President Trump said Ukraine’s president, Volodymyr Zelensky, would visit Washington on Friday as part of a deal for Ukrainian mineral wealth. His position could ultimately embolden Russia.The New York Times - 4d -
Buffett says Berkshire will continue to increase investment in Japan trading houses
Buffett said Berkshire will moderately increase its ownership in the five Japanese trading houses over time.CNBC - Feb. 22 -
CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it
Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up.NBC News - Feb. 20 -
CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it
Cameo wants workers back in the office more often, and it's paying them each $10,000 to show up.CNBC - Feb. 20 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - Feb. 21 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.NBC News - Feb. 21 -
StanChart CEO says bonus cap led to ‘grotesque’ banker pay rises
Lender reduces chief executive’s basic pay by 40% but higher reward possible after UK’s abolition of capFinancial Times - Feb. 21 -
Where did the home buyers go? 7% mortgage rates sap any remaining energy from the housing market
Home buyers are still struggling with affordability, the National Association of Realtors said.MarketWatch - Feb. 21 -
Trump signs order protecting American companies from ‘overseas extortion’
President Trump issued a memo on Friday that seeks to protect American companies and innovators from what he called "overseas extortion," adding to a bevy of actions proposed in his first month in ...The Hill - Feb. 22 -
UK seeks to ban companies named in Grenfell report from government contracts
Public inquiry into deadly fire triggers proposals to reform way construction materials are tested and regulatedFinancial Times - 5d -
Privatised water companies escape scrutiny from UK regulator, inquiry finds
Ofwat has ‘limited mechanisms’ to check whether infrastructure investment has been carried outFinancial Times - 4d -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - 6d -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - 6d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 4d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 3d -
SEC will drop lawsuit against Coinbase, cryptocurrency company says
The Securities and Exchange Commission will drop its lawsuit against Coinbase pending approval, the cryptocurrency company said. In 2023, The U.S. alleged Coinbase was operating as an unregistered ...CBS News - Feb. 21 -
Top shale boss says US oil companies will not flock back to Russia
Harold Hamm warns executives will be wary of any peace deal between Trump and PutinFinancial Times - Feb. 22 -
Greenpeace says a pipeline company’s lawsuit threatens the organization’s future
A Texas pipeline company’s lawsuit accusing Greenpeace of defamation, disruptions and attacks during protests against the Dakota Access Pipeline goes to trial in North Dakota on Monday.NBC News - Feb. 24 -
EU to keep climate goals but loosen rules for companies, says green chief
Bloc has to balance protection of the planet and economic growth, Teresa Ribera arguesFinancial Times - 4d -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - Feb. 22 -
Musk’s cost-cutting drive quietly deletes billions in claimed savings from website
‘Wall of receipts’ drops five largest savings claimed by ‘department of government efficiency’ after debunking. US politics live – latest updates When Elon Musk ’s cost-cutting drive, the ...The Guardian - 5d -
Chipotle Plans to Hire 20,000 Workers for ‘Burrito Season’
As spring approaches, people’s thoughts will turn toward green grass, sunny days, the start of baseball, and, according to the fast-food chain, a hankering for burritos that will require its ...Inc. - Feb. 19 -
Chipotle praised for ‘quality and size’ as it faces a ‘choppier’ consumer
Chipotle Mexican Grill’s stock rose Monday after the restaurant chain picked up a fresh upgrade from Morgan Stanley and the company’s chief executive reiterated comments about managing the impact ...MarketWatch - 3h