Author: Editor

A customer prepares to eat at the first Chipotle fast-food restaurant in northeastern Mexico on its opening day in San Pedro Garza Garcia, Mexico, July 16, 2026.Daniel Becerril | ReutersChipotle Mexican Grill on Wednesday raised its same-store sales growth forecast for the year after topping analysts’ quarterly earnings and revenue expectations.The restaurant company is now projecting that its same-store sales will increase by a low single digit percentage in 2026, higher than its previous outlook of flat same-store sales for the full year.After a shaky 2025, Chipotle is successfully luring customers back — even with spiking gas prices and other…

Starbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth.For fiscal 2026, Starbucks now expects adjusted earnings per share in a range of $2.55 to $2.65, up from its prior outlook of $2.25 to $2.45 per share.It now also projects global same-store sales will rise nearly 6% and U.S. same-store sales will climb more than 6%; the company was previously forecasting global and U.S. same-store sales growth of at least 5%. “This was the quarter our momentum became truly measurable,” CEO Brian Niccol said in a video shared with the company’s earnings press…

Shares of telehealth company Hims & Hers Health fell sharply Wednesday after the Federal Trade Commission sued the company, alleging it misled consumers about privacy protections, billing practices and subscription cancellations. The FTC, joined by Los Angeles County and Utah, alleged Hims & Hers shared users’ sensitive health information with online advertising platforms including Meta Platforms and Snap Inc. through tracking technologies embedded on its website. The agency said the company’s practices were inconsistent with promises it made to protect users’ health data. The FTC also accused Hims & Hers of charging customers for prescriptions before they have spoken with…

Zohran Mamdani’s chain of city-run grocery stores — one of his most notable campaign promises — will offer kitchen staples at a steep discount. With crushing overhead costs, some local businesses may struggle to compete.The mayor said the stores will offer a 30% discount on the “most common and most critical groceries for families,” like fresh produce, meat, and dairy. New York City has allocated $70 million in the capital budget to launch the stores, which will be subsidized by municipal funding once open. That support will include giving stores low- or no-cost access to real estate and providing subsidies…

When I was growing up, my mom told me that education is never wasted. I was fortunate to grow up in a household where college was on the table.Having graduated from high school one year early, I started my associate degree shortly after my 17th birthday. For two years, I studied zoo technology. Upon graduating, I decided to transfer to a four-year school to pursue my bachelor’s degree. I went on to study biology and chemistry, but after one semester, I changed majors to exercise science and minored in wilderness education.Changing majors and minors required me to take on additional…

Jersey Mike’s IPO is almost here.The restaurant chain said it expects its shares to begin trading on the New York Stock Exchange on Thursday using the ticker “JMKE,” according to an SEC filing. The company expects the stock to price between $21 and $25 a share, though investors will get an exact price before the IPO.Unlike its peers, many of which went public earlier in their histories, Jersey Mike’s is an established brand with thousands of restaurants.Founder Peter Cancro started Jersey Mike’s after buying a single sandwich shop in New Jersey in 1975. Since then, Cancro has grown Jersey Mike’s…

Cheng Xin | Getty Images News | Getty ImagesHumana on Wednesday reported second-quarter results that topped estimates, as the health insurer’s spending on medical services came in line with expectations. The company also maintained its 2026 adjusted profit outlook of at least $9 per share. The earnings beat was driven by strength across Humana’s insurance business and CenterWell healthcare services unit, Humana CFO Celeste Mellet said in an interview. She said medical and pharmacy cost trends tracked in line with Humana’s expectations across new and existing members. The company saw “slight favorability” in medical costs in the inpatient space, particularly among members…

Mitchell Robinson of the New York Knicks dunks the ball during game six of the Eastern Conference First Round Playoffs at the Wells Fargo Center on May 2, 2024 in Philadelphia, Pennsylvania.Tim Nwachukwu | Getty Images Sport | Getty ImagesThe YES Network and MSG Networks will soon have a new streaming home. The independently owned, top-tier regional sports networks that air local games for teams including MLB’s New York Yankees and the NBA’s New York Knicks are moving their direct-to-consumer streaming offerings to DAZN. The two networks will exit their joint venture, the Gotham Sports app, roughly two years after…

With little fanfare, Microsoft’s Xbox made a move last week that could shake up the gaming ad market.Xbox is testing a way for users to stream games they own for free by watching ads, rather than paying for a Game Pass subscription. There’s no word yet on what exact ad formats will be available or which brands will participate.Xbox has trialed limited ad offerings in the past, but this effort signals that its new leadership team is serious about finding ways to make advertising work as it pursues profitability, said Itamar Benedy, CEO of the gaming ad platform Anzu.”Xbox has…

OpenAI’s chief economist has some advice for workers navigating a rapidly changing job market: stop trying to replicate the careers of successful people.Ronnie Chatterji, who is also a professor at Duke University’s Fuqua School of Business, said conventional career wisdom often encourages people to study high achievers’ résumés and retrace their steps.The OpenAI exec said this is “relatively bad advice.””People often say something like ‘success leaves clues,’ meaning you should follow the paths of other successful people,” Chatterji said in an interview on the “Summation” podcast released on Tuesday.But a successful person’s career is rarely a useful blueprint, he said,…