Chipotle cuts same-store sales forecast for third straight quarter as diner visits drop again

Shares of Chipotle have tumbled 33% this year, dragging its market value down to roughly $54 billion.Read More

Paramount to lay off 2,000 workers shortly after merging with Skydance

In widely expected job cuts after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about...

Red Cross says its staff in Gaza “were not able to intervene” as alleged Hamas members buried and uncovered Israeli hostage remains

The Red Cross told CBS News on Wednesday that its staff in Gaza “were not able to intervene directly on-site” as...

3 things that may become cheaper now that the Fed cut rates

Another month, another Federal Reserve interest rate cut.For the second time in as many months, the central bank reduced interest rates...

Nvidia’s Huang joins tech titans funding Trump’s ballroom

Nvidia CEO Jensen Huang donated to fund the construction of U.S. President Donald Trump’s White House ballroom, he told reporters, joining...

Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports

Mastercard is in late-stage talks to acquire crypto startup Zerohash for between $1.5 billion and $2 billion, Fortune reported on Wednesday,...

Microsoft’s cloud surge lifts revenue above expectations

Microsoft reported blockbuster growth in its cloud-computing business on Wednesday that pushed its quarterly revenue past Wall Street estimates, showing businesses...

Alphabet beats quarterly revenue estimates on strong ad, cloud demand

Google-parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit...

Meta’s profit hit by about $16 billion one-time tax charge, shares fall

Meta recorded a nearly $16 billion one-time charge in the third quarter related to U.S. President Donald Trump’s Big Beautiful Bill,...

Data center operator Equinix lowers 2025 revenue forecast, facing deal-closure delays

Equinix lowered its forecast for annual revenue due to the data center operator facing delays in closing a deal and a...