Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
Chipotle Mexican Grill is taking its C-Suite to So-Cal.
The burrito chain announced Wednesday that it will shutter its offices in Denver and New York and relocate its headquarters to Newport Beach, California.
"We'll always be proud of our Denver roots where we opened our first restaurant 25 years ago," Brian Niccol, CEO of Chipotle, said in a statement. "The consolidation of offices and the move to California will help us drive sustainable growth while continuing to position us well in the competition for top talent."
Other prominent restaurant chains with headquarters in the area include Taco Bell, Del Taco and In-and-Out.
Niccol left his post as CEO of Taco Bell to take the top spot at Chipotle earlier this year and has brought in several new high level employees with history at Yum Brands in the last few months.
Chief Marketing Officer Chris Brandt joined Chipotle in April after a nearly two year stint at Bloomin Brands and almost a half decade at Taco Bell.
In May, Tressie Lieberman became the executive director of customer engagement marketing at the company, after spending two years at Snap Kitchen as CMO and almost five years at Taco Bell in various digital marketing positions.
In the next six months all functions at the New York and Denver offices will be consolidated into Chipotle's Columbus, Ohio locations or to the new Newport Beach facility.
The new headquarters in Newport Beach will house the company's operations, business development, marketing, communications, finance, supply chain, food safety, technology and human resources departments, the company said.
About 400 employees will be affected by the move, with some being offered relocation or retention packages.