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Chipotle CFO Adam Rymer says the company is closely monitoring tariffs and will absorb costs if necessary. The company has diversified its avocado supply chain and is committed to providing value to customers.
Published on: February 05, 2025, 05:02 PM UTC
Apple (AAPL) stock fell as much as 2% premarket Wednesday after a Bloomberg report said the Chinese government is exploring the launch of an antitrust probe into the company’s policies related to its app store policies and fees.
Published on: February 05, 2025, 05:02 PM UTC
Disney eyes streaming growth amid Netflix dominance; ESPN+ and paid sharing to drive subscriptions
Published on: February 05, 2025, 05:02 PM UTC
Toyota (TM) stock rises on upbeat guidance and plans for a wholly-owned EV unit in China. Q3 revenue up 2.9% to 12.39 trillion yen, net profit up 62% to 2.19 trillion yen. Full-year fiscal 2025 profit outlook raised to 4.7 trillion yen.
Published on: February 05, 2025, 05:02 PM UTC
Disney's Q1 earnings beat expectations, with streaming profits and revenue growth. Despite Disney+ subscriber losses, the company expects continued streaming growth and price increases. Parks segment declines due to hurricanes, but growth is anticipated for the year. Disney remains optimistic despite industry challenges and is searching for a new CEO.
Published on: February 05, 2025, 05:02 PM UTC
Tariffs impact Polestar, an EV maker owned by Geely. The company feels the pain of China-originated goods tariffs and a 100% EV tariff levied by Biden. Despite these challenges, Polestar plans to expand its US manufacturing footprint and forecasts a 30-35% growth rate.
Published on: February 05, 2025, 05:01 PM UTC
Chipotle's CFO says the company is closely monitoring tariffs and will absorb costs for now, but may raise prices if tariffs become permanent.
Published on: February 05, 2025, 05:01 PM UTC
Elizabeth Warren and the GOP Join Forces to Tackle "Debanking" of Customers
Published on: February 05, 2025, 05:01 PM UTC
Senator Elizabeth Warren joins GOP in push to address bank deplatforming practices. Warren criticized big banks for potentially discriminating against customers based on risk assessment practices and called for clearer regulation and enforcement.
Published on: February 05, 2025, 05:01 PM UTC
Workday to Lay Off 1,750 Employees, Nearly 3% of Workforce
Published on: February 05, 2025, 05:00 PM UTC