Here's what to watch in the markets on Tuesday, July 25, 2017.Read More »
Anthony Scaramucci is selling his fund of funds business to a Chinese conglomerate with ties to the government. The firm, the HNA Group, is facing an increasing number of questions at home and abroad, and the deal is subject to review by the US Treasury. The sale reportedly kept Scaramucci out of the White House in January because of the conflicts it raises.
A new foodborne illness scandal requires a total re-brand at Chipotle Mexican Grill Inc. (CMG) , according to one branding expert. Shares of Chipotle dropped 3.3% to $344.45 by Friday's close, hitting new 2017 lows, as Chipotle grappled with twin PR crises. Public health officials confirmed that a customer at a Chipotle location in Sterling, Va. is ill with norovirus, while data from food poisoning crowdsourcing website iwaspoisoned.com indicates that over 100 customers at that location also fell ill. The same week, customers complained that a Dallas location had rats "falling from the ceiling." "The event that occurred at this restaurant is consistent with Norovirus which can be introduced by
Corey’s first priority should be to pay back the money he borrowed from his 401(k). Corey also has $3,500 in credit card debt with an interest rate of 20%. “Borrowing from [his] retirement account was a huge mistake,” says New York–based financial planner Stephanie Genkin.