Nasdaq closes up 2%, Dow adds 400 points as tame inflation data fuels market comeback
Stocks rallied Tuesday, moving closer to last month's record levels following the first of two key U.S. inflation reports this week.
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Stocks rallied Tuesday, moving closer to last month's record levels following the first of two key U.S. inflation reports this week.
Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era.
Chipotle stock fell as much as 10% on Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of Starbucks. The stock closed down 7% for the day.
Starbucks announced Tuesday it's replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.
Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts' expectations as it saw higher traffic at its restaurants, bucking an industry slowdown.
Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that beat analysts' expectations, fueled by higher traffic to its restaurants.