Chipotle reported a sales plunge of 30 percent for December after a series of food scares at its restaurants and disclosed that a federal criminal investigation tied to the sickening of customers has begun. … [Read more...]
Volkswagen Gets Sued Over Its Huge Emissions Cheating Scandal
The U.S. government is suing Volkswagen over the car company’s widespread emissions cheating scandal. … [Read more...]
Asian Shares Make Modest Gains, Capped by Weak Oil Prices
Shares in Europe made modest gains Tuesday as Asia recovered from an overnight drop in oil prices and a sell-off in Shanghai. … [Read more...]
New VP of Diversity and Inclusion From Apple Hired by Twitter
Twitter has hired Jeffrey Siminoff to replace Janet Van Huysse as the company’s new vice president of diversity and inclusion. The news was announced on, yep, Twitter, by its head of human resources, Brian Schipper. … [Read more...]
Asian Stocks Rise as Japan Data Mends
Asian stock markets were mostly higher Tuesday as improved manufacturing in Japan offset weak Chinese data. The addition of the yuan to the IMF's basket of globally important currencies raised confidence in China's progress toward financial and economic liberalization. … [Read more...]
Atlassian Sets Share Prices For HipChat
Enterprise software company Atlassian, which filed a month ago to go public on NASDAQ, has disclosed how much its shares will cost. In a SEC filing, the company said its 20 million shares will be priced between $16.50 to $18.50. … [Read more...]
Snap Fitness Welcomes at New Sainsbury’s Store
Bosses behind the new independent 24-hour gym at Sainsbury’s supermarket are hoping they will be open for business next month. Jit and Dip Dhillon are the franchise owners of Snap Fitness which will be based at The Crescent’s anchor store. … [Read more...]
RedMart Moves Into On-Demand Services In Singapore
RedMart, the online grocery company in Singapore that’s raised over $50 million to date, officially stepped into a new area of business today after it launched an on-demand platform. … [Read more...]