Business
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Bill Ackman, investors still back Chipotle after CEO Brian Niccol leaves
Chipotle Mexican Grill’s future may not be as bumpy as some shareholders fear upon the departure of CEO Brian Niccol, investors said. The…
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Hedge fund boss Ross Stevens sued over ‘unpaid bonuses’
A Wall Street hedge fund whose boss recently clawed back a $100 million gift to the University of Pennsylvania over…
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Moody’s cuts Mount Sinai Hospital credit rating near ‘junk’
A major debt-rating agency dropped Mount Sinai Hospital’s credit rating close to “junk” status on Wednesday, citing troubles at the…
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Subway to launch value meals, including $6.99 footlong, this month after snack promotion bust: sources
Subway revealed it will tweak its marketing strategy as it grapples with a recent downturn in sales — switching from…
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Bill Gates ‘terrified’ mega-charity employees, book claims
Employees who worked at at Bill Gates’ mega-charity claimed they were terrified by the billionaire’s domineering behavior — with one…
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Dow surges 400 points, strong retail sales data ease fears of slowdown
The Dow jumped more than 400 points as Wall Street’s main indexes rose about 1% on Thursday as retail sales data for…
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Sports Comic Con is connecting 50,000 fans with Brady, Jeter
Why should comic book enthusiasts get all the fun? The first ever Fanatics Festival — a massive event billed as…
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Subway calls ’emergency’ meeting with franchisees as sales plummet: sources
Subway has called a hasty meeting with franchisees of its 19,000 North American sandwich shops as they grapple with faltering…
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Famous Amos cookies founder Wally Amos dead at 88
The founder of the popular chocolate chip cookie brand Famous Amos cookies died Tuesday at age 88. Wallace “Wally” Amos…
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Bill Ackman’s hedge fund bets on Nike in first new investments in over a year
Billionaire investor William Ackman built new stakes in sportswear company Nike and investment management company Brookfield during the second quarter, according to…
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