Chipotle Mexican Grill Inc. is demonstrating that its recent momentum may be more than a blip. The restaurant chain posted same-store sales that beat estimates in the second quarter, as new Chief Executive Officer Brian Niccol starts to apply the lessons he learned at his former employer, Taco Bell. Chipotle also said margins improved at its restaurants and boosted the […]

NEW YORK (Reuters) – John Schnatter, the founder and ousted former chairman of Papa John’s International Inc (PZZA.O), on Thursday sued the pizzeria chain, complaining that the company had not provided adequate response to an earlier request for internal documents. FILE PHOTO: John Schnatter (R) arrives at the 2011 American Music Awards in Los Angeles November 20, 2011. REUTERS/Danny Moloshok/File […]

Software giant Microsoft Corp. (MSFT), Thursday reported an increase in profit for the fourth-quarter that also trumped Wall Street’s estimates, as cloud business continues to soar. Redmond, Washington-based Microsoft reported fourth-quarter profit of $8.87 billion or $1.14 per share, up from last year’s $8.07 billion or $1.03 per share. Adjusted earnings for the quarter rose to $1.13 per share from […]

Hidden within Mattel Inc.’s announcement of plunging sales and massive layoffs were two bright spots that may be the key to the toymaker’s turnaround — and they’ve been around for a combined 100-plus years. Barbie, the 59-year-old doll that’s Mattel’s biggest brand, had a 12 percent jump in sales in the second quarter, its third straight gain. Hot Wheels, which […]

The Department of Education, the Georgetown Center on Education and the Workforce and the Lumina Foundation all predict that around 65 percent of all jobs in the United States will require some post-secondary education by 2020. With just 17 months until 2020, the U.S. labor force will likely fall short. According to most recent figures from the U.S. Census, just […]

Ryan Serhant is a real estate agent whose multi-million dollar success has made him a hit star on Bravo’s reality series “Million Dollar Listing New York,” and earned him his own spin-off, “Sell It Like Serhant,” which premiered this year. Serhant credits his success to knowing how to build solid relationships, in business and in life. In a recent interview […]

Chipotle Mexican Grill Inc. (NYSE: CMG) is preparing to release its second quarter financial results after the markets close on Thursday. The consensus estimates are $2.81 in earnings per share (EPS) and $1.26 billion in revenue, which compare with the $2.32 per share and $1.17 billion posted in the same period of last year. The burrito chain recently announced that […]

Stocks moved mostly lower during trading on Thursday, giving back some ground after trending higher over the past several sessions. The major averages moved to the downside early in the session and remained stuck in the red throughout the day. The major averages ended the day firmly in negative territory. The Dow slid 134.79 points or 0.5 percent to 25,064.50, […]

Alexis Ohanian and Serena Williams’ daughter Olympia isn’t yet one year old but, when she grows up, her dad is going to make sure she understands one crucial money concept: compound interest. It’s the single financial idea Ohanian wishes he could teach all young people, the Reddit co-founder told CNBC Make It on Tuesday at the launch of 1850 Brand […]

When Celgene Corp. (NASDAQ: CELG) released its most recent quarterly results before the markets opened on Thursday, the biotech giant said that it had $2.16 in earnings per share (EPS) and $3.81 billion in revenue. The consensus estimates from Thomson Reuters had called for $2.11 in EPS on $3.7 billion in revenue. In the second quarter of last year, Celgene […]