President Donald Trump signed two executive orders to lower soaring beef prices and rebuild the U.S. cattle herd, which is at its lowest level since 1951 due to drought-driven reductions. One order suspends tariff-rate quotas on beef imports, allowing more low-tariff beef into the U.S., while the other expands loans to ranchers and eases regulations. Beef prices have surged nearly 16% in the past year, reaching record highs and pressuring food businesses. The administration aims to ease grocery inflation ahead of the November midterms, but supply is expected to remain tight through 2027 before recovery.
Stocks of fast food chains like Sweetgreen, Chipotle, and Taco Bell fell due to investor worries over a cyclospora outbreak possibly linked to lettuce. Sweetgreen's shares dropped 5.6% on the day and have fallen over 24% in the last month, despite no...
The U.S. military conducted its first combat operation using autonomous sea drones, targeting an Iranian naval facility with three Corsair drones made by Texas startup Saronic Technologies. This marks a significant step in military tech adoption as t...
Chipotle Mexican Grill continues to lead the fast-casual sector with solid revenue growth and high profit margins. Despite trading at a high forward price-to-earnings ratio of 31x, nearly double the sector median, its strong fundamentals support this...
Chipotle is launching its first restaurant in Mexico this week, opening in San Pedro Garza García, part of the Monterrey metropolitan area. This move is part of a partnership with Mexican restaurant group Alsea and marks Chipotle's entry into the Mex...
Chipotle Mexican Grill opened its first restaurant in Mexico on July 16, 2026, in San Pedro Garza García, Nuevo León, partnering with Alsea, a major Latin American restaurant operator. This launch marks a key step in Chipotle's international growth, ...
