More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Companies are increasingly willing to pay for employees to go to the doctor. Uber is partnering up with Grand Rounds, a start-up that sells into the employer channel, to make...Technologyread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread more
Here are the biggest calls on Wall Street on WednesdayInvestingread more
The pilots union for Southwest Airlines says it will ask Boeing for compensation to cover legal costs and lost income for pilots due to the 737 Max grounding.Airlinesread more
Amazon announced an all-new Kindle Oasis on Wednesday morning with a feature that lets you adjust the screen to warmer tones for easier reading at night.Technologyread more
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
Panera Bread has been testing a menu specifically for dinner and plans to expand the pilot to a new market next month.Restaurantsread more
Kimbal Musk is stepping down from Chipotle's board of directors, the company announced Thursday. Musk notified the board of directors that he will not stand for re-election at the 2019 annual shareholder meeting in May.
"Kimbal has served on the Chipotle Board of Directors since 2013, and we extend our most sincere gratitude and heartfelt appreciation for the tremendous contributions he has made to our success," said Brian Niccol, chief executive officer of Chipotle. "We value his time, leadership and experience and wish him all the very best."
Chipotle also announced Patricia Fili-Krushel and Scott Maw will be added to the board of directors.
"As we continue to evolve our brand and grow the business, it is an honor to welcome Pat and Scott to our board of directors," said Niccol. "From contributions in global business strategy and talent management, to finance and risk management, I'm confident both Pat's and Scott's perspectives and valuable insights will help us accelerate our goals."
Fili-Krushel has served in a number of executive roles including as division chairman of the NBCUniversal News Group, executive vice president and chief administrative officer at Time Warner and president of the ABC Television Network.
Maw is the former executive vice president and CFO of Starbucks and serves on the board of directors at energy company Avista.