Business news

Business news • Apr 29

Q1 2026 earnings call: Remarks from our CEO

Editor's note: On today's Q1 2026 earnings call, Google and Alphabet CEO Sundar Pichai recapped a terrific start to the year, with our AI investments and...

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Business news • Apr 29

Chipotle rallies after posting a surprise positive comp for Q1 (CMG:NYSE)

Chipotle Mexican Grill (CMG) rallied in after-hours trading on Wednesday after posting positive comparable sales growth. Total revenue was up 7.4% year over...

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Business news • Apr 29

U.S. Gas Prices Climb Further as Effects of Iran War Reverberate

Crude oil prices hit a fresh high since the start of the war in Iran, as energy supplies from the Middle East remain disrupted.

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Business news • Apr 29

The shocking moment Birmingham restaurant workers saw an empire collapse: ‘A real blow to the spirit’

If you really love a place, it's still worth it for you to show up and support it. It doesn't take much now for something that you really love to disappear.

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Business news • Apr 29

Chipotle reports surprise sales beat as it lures back customers with high-protein menu

Chipotle (CMG) reported that sales improved in the first quarter on Wednesday as the burrito chain aimed to regain momentum amid a tricky consumer backdrop.

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Business news • Apr 29

Oil prices keep spurting higher, but US stocks hold near their records

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don't want to cut interest rates any...

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Business news • Apr 29

Chipotle Sales Beat as Chicken, Extra Protein Lure in Diners

Chipotle Mexican Grill Inc. eked out higher sales last quarter, suggesting the chain is starting to win back diners who previously balked at the rising...

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Business news • Apr 29

Meta stock sinks as company raises 2026 AI spending forecast to $125 billion-$145 billion

Meta Platforms (META) stock fell late Wednesday after the company announced plans to increase its AI spending, partially as a result of higher input costs,...

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Business news • Apr 29

Meta shares fall on concerns over AI spending, legal scrutiny

Meta Platforms raised its annual capital spending forecast on Wednesday, signaling plans to pour billions more into artificial intelligence infrastructure...

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Business news • Apr 29

United Arab Emirates Will Leave OPEC May 1—Trump Says It's 'Great'

President Donald Trump, a longtime critic of the Organization of the Petroleum Exporting Countries (OPEC), who has accused the group of "ripping off the...

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Business news • Apr 29

Chipotle posts surprise same-store sales growth in early sign chain could be breaking its slump

Chipotle posted surprise same-store sales growth in the first quarter, in an initial sign it could be starting to break out of its slump.

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Business news • Apr 29

New York City's First Full Casino Opens

New York City gamblers no longer have to leave town for a live hand of blackjack. Resorts World New York City in Queens on Tuesday became the city's first...

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Business news • Apr 29

Oil Charges Toward $120 With No End in Sight to US-Iran War

Oil surged to the highest since June 2022, with no end in sight to the US-Iran conflict or choked-off energy flows through the Strait of Hormuz,...

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Business news • Apr 29

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal is separating Venmo into its own standalone unit for the first time, part of a broader reorganization that creates three distinct segments, CNBC has...

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Business news • Apr 29

Why SoFi Technologies Stock Is Down So Much Today

Investors are looking past the bank's overall quarterly results, and are instead focusing on a handful of details that arguably shouldn't matter as much as...

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Business news • Apr 29

Costco makes rare change to popular hot dog combo

The popular $1.50 hot dog combo at Costco is going through a change - but don't worry, the price isn't going up.

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Business news • Apr 29

Meta stock drops on quarterly results as 'internet disruptions' in Iran drag down user numbers

Meta beat on revenue, but showed disappointing user numbers and its capital expenditures were below estimates.

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Business news • Apr 29

Alphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027

Alphabet reported first-quarter earnings, posting booming cloud revenue and upping its full-year capex spend to as much as $190 billion.

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Business news • Apr 29

Ford raises 2026 guidance as $1.3 billion tariff refund assists in offsetting higher costs

Aside from earnings and any changes to the automaker's 2026 guidance, investors will be monitoring effects from the Iran war, tariffs and the pullback in...

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Business news • Apr 29

Musk lays out his souring relationship with OpenAI in a second day of testimony

Elon Musk sparred with OpenAI's attorney under cross examination on the second day of his testimony, as lawyers for both sides zeroed in on his souring...

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