Why Piper Sandler remains bullish on Chipotle

Reuters
Papua New Guinea leader says China, Australia visits show 'robust' ties with major powers
Papua New Guinea Prime Minister James Marape said on Friday he looked forward to visits by China's foreign minister and Australia's prime minister in the coming days that demonstrated strong ties with countries accounting for more than 70% of its trade. The high-level visits showed Papua New Guinea's "strategic role and its robust diplomatic relations with major Asia-Pacific powers," the Papua New Guinea government said in a statement. The biggest Pacific Island nation, Papua New Guinea, is resource rich but largely undeveloped and is balancing growing trade ties with China, policing cooperation with Australia and a defence deal that gives the U.S. military access to its ports and airports.
7m ago
Associated Press
California governor pledges state oversight for cities, counties lagging on solving homelessness
Nearly $200 million in grant money will go to California cities and counties to move homeless people from encampments into housing, Gov. Gavin Newsom announced Thursday while also pledging increased oversight of efforts by local governments to reduce homelessness. The Democratic governor said he will move 22 state personnel from a housing enforcement unit to help cities and counties deliver on projects to reduce homelessness — and to crack down if they do not. A scathing state audit released last week found that despite allocating $24 billion to tackle homelessness over the past five years, California has done little to track whether all that spending actually improved the situation.
12m ago
USA TODAY
SCOTUS to discuss Kari Lake, Mark Finchem machine voting lawsuit. What happens next?
The U.S. Supreme Court set the duo's case for its conference schedule on Friday, when the justices will discuss cases and vote on which to add to their calendar.
18m ago
Yahoo Finance
'We've evolved': Netflix explains decision to stop reporting crucial subscriber data
Netflix will no longer report membership numbers starting next year.
19m ago
Associated Press
Judge in Trump case orders media not to report where potential jurors work
The judge in Donald Trump's hush money trial ordered the media on Thursday not to report on where potential jurors have worked and to be careful about revealing information about those who will sit in judgment of the former president. Judge Juan Merchan acted after one juror was dismissed when she expressed concerns about being “outed” for her role in the case after details about her became publicly known. Despite the setback, 12 jurors were seated by the end of Thursday for the historic trial over a $130,000 hush money payment shortly before the 2016 election to porn actor Stormy Daniels to prevent her from making public her claims of a sexual meeting with Trump years earlier.
23m ago
Associated Press
Kentucky governor announces lottery to award initial round of medical cannabis business licenses
Kentucky will use a lottery system to award an initial round of licenses to businesses competing to participate in the state's startup medical cannabis program, Gov. Andy Beshear announced Thursday. The governor called it a fair way to give each applicant that clears the screening process an opportunity to land a license for the program, which launches statewide at the start of 2025. The lottery, set for October, should remove any temptation to lobby in an effort to “get a leg up in different ways that we don’t want to see,” Beshear said at his weekly news conference.
28m ago
NBC News
U.S. likely to enact a law soon that could ban TikTok nationwide
Legislation that could ban TikTok in the U.S. unless it cuts ties with its Chinese parent company is on a path to quickly be signed into law.
28m ago
USA TODAY
Expert will testify on cellphone data behind Idaho killing suspect Bryan Kohberger’s alibi
Bryan Kohberger’s attorneys filed an affidavit that provided details of their client’s purported whereabouts at the time of the killings.
29m ago
NBC News
UT Austin students protest school’s DEI layoffs amid state ban
The University of Texas at Austin sparked controversy last week when it laid off nearly 60 employees to comply with Texas’ new DEI ban earlier this month.
34m ago
Reuters
BNP Paribas must face lawsuit over Sudanese genocide, US judge rules
BNP Paribas was ordered by a U.S. judge on Thursday to face a lawsuit accusing the French bank of helping Sudan's government commit genocide between 1997 and 2011 by providing banking services that violated American sanctions. Hellerstein said the bank's admission that its employees recognized its role in giving Sudanese entities access to the U.S. banking system meant it could not now argue differently.
35m ago
USA TODAY
Bill that could effectively ban TikTok picks up steam in Congress: Here's how it's expected to pass
The legislation that has stalled in the Senate for a month is set to be included in a House foreign aid package expected to sail through Congress.
36m ago
CNN
Why is the Trump trial jury anonymous? The brief and imperfect history of anonymous juries in the US
While former President Donald Trump is spinning conspiracy theories about people infiltrating the jury in his hush money criminal trial, the judge in the case is finding it difficult to protect jurors’ anonymity.
38m ago
AFP
'We have our jury': panel selected for Trump criminal trial
A panel of 12 jurors was sworn in on Thursday to sit in judgment of Donald Trump at the unprecedented criminal trial of a former US president.Seven jurors had been selected for the historic trial as of Tuesday but that number fell to five on Thursday following the release of two jurors who had already been sworn in.
41m ago
USA TODAY
Florida baffles experts by banning local water break rules as deadly heat is on the rise
Florida's new law has shocked and angered some who say outdoor workers need more protections, not less.
42m ago
CNN
Over 100 people arrested as NYPD breaks up pro-Palestinian protest at Columbia University, law enforcement source says
At least 30 people were detained by New York Police Department officers, CNN witnessed, as police entered Columbia University on Thursday to disperse a pro-Palestinian protest that began a day earlier as the university’s president testified before a House committee about the school’s response to antisemitism.
43m ago
AFP
US dollar rises as expectations for imminent Fed rate cut ebb
The dollar pushed higher Thursday behind a series of comments from Federal Reserve officials, dimming hopes for imminent interest rate cuts while US stocks finished mostly lower.Statements over the last day or so from New York Federal Reserve Bank President John Williams and Fed Governor Michelle Bowman have helped lift US Treasury yields as investors bet that the Fed will cut interest rates fewer times, if at all, in 2024, than was initially expected.
43m ago
Politico
RFK Jr.’s running mate, Nicole Shanahan, is keeping his campaign in the black
But she isn’t doing much else besides “learning and studying.”
44m ago
CNN
Colossal prehistoric snake discovered in India
Fossils unearthed in India revealed a prehistoric snake that may have been one of the longest to have ever lived, according to a new study.
46m ago
CNN
WHO clarifies what counts as a pathogen that can spread through the air
The World Health Organization is opening up the definition of airborne pathogens – such as Covid-19, influenza and measles – to include when respiratory droplets spread through the air and when they land on a person, regardless of the size of the droplet.
51m ago
CNN
US vetoes Palestinian bid for full membership at UN
The United States on Thursday blocked a United Nations Security Council resolution that would grant the observer state of Palestine full membership to the international body.
54m ago

Latest Stories