Chipotle surpassed Wall Street's expectations when they posted their first-quarter earnings of 2021. Apparently, their knight in shining armor was their digital sales, which more than doubled during the pandemic.
Due to hordes of people being forced to stay at home, Chipotle could've crumbled in the wake of these changes....
With Moderna (MRNA) stocks skyrocketing following the successful rollout of the company's COVID-19 vaccine, co-founder and chairman Noubar Afeyan has decided to sell a large portion of his shares totaling a value of approximately $1.4 billion.
From February 22nd through February 24th, Afeyan sold 6.5 million Moderna shares for a...
The U.S. Department of Labor released its weekly new jobless claims report on Thursday, with new jobless claims reaching 744,000 for the week ending April 3rd. Despite signs of increased rehiring and economic recovery, jobless claims have continued to rise since late March.
This result comes as a major surprise...
The Bank of England unveiled a new 50-pound ($69) note on Thursday, in honor of mathematician Alan Turing who helped the United Kingdom win the Second World War with his code-breaking skills. In 1936, Turing wrote a paper that laid the foundation for modern computer science. The paper also...
In a deal worth approximately 1.1 billion euros ($1.3 billion), French retail corporation Carrefour SA has agreed to purchase Walmart Inc.’s entire Brazil division. Following two failed takeover bids, this acquisition is expected to propel Carrefour to the top as France's largest supermarket operator.
“Our group is on the offensive,”...
Multinational science and technology company Merck KGgA announced on Monday that it has closed a deal with Swiss biotech company Debiopharm to develop and market its Xevinapant drug for head and neck cancer. The deal is estimated to be worth 900 million euros ($1.08 billion).
The terms of the deal...
In an effort to overcome the island's bankruptcy over the last four years, Puerto Rico reached a tentative deal with multiple bondholder groups to reduce the debts owed by the central government.
The new agreement would take into consideration the substantial damage that the island's economy incurred since the start...
Sanofi and GlaxoSmithKline Plc have resumed trials for their joint COVID-19 vaccine candidate. After being faced with setbacks during their previous trials in the fall, these pharmaceutical manufacturers have improved their shot's formulation. According to a statement on Monday, this was done to improve effectiveness in people 50 years...
With the labor market making a steady recovery from the effects of the ongoing coronavirus pandemic, weekly unemployment claims have dropped to their lowest levels since November 2020.
The U.S. Department of Labor is scheduled to release its latest job report on Thursday. The main takeaway of the report is...
After becoming the first African country to begin a national vaccination campaign two weeks ago, Morocco is expected to receive an order of 4 million doses of the AstraZeneca vaccine on Thursday. The doses that are expected to arrive were manufactured by the Serum Institute of India.
According to health...