Chipotles sales fall again as it tries to win back customersChipotle said sales fell for the fifth straight quarter, as the company struggles to win back customers after an E. coli scare last year. The burrito chain says sales fell 21.9 percent at established restaurants ...
May defies critics to back new $22 billion Heathrow runway
By Kylie MacLellan and Sarah Young LONDON (Reuters) - Britain backed a $22 billion (18.06 billion pounds) expansion of London's Heathrow Airport on Tuesday, ending 25 years of indecision with an ambitious plan to boost global trade links following the vote to leave the European Union. Heathrow, Europe's busiest airport, defeated a proposal from smaller rival Gatwick to secure the first new full-length runway to be built near London in 70 years after environmental and political protests scuppered previous attempts. The long-awaited decision put Prime Minister Theresa May on a collision course with several senior politicians including her own foreign secretary, Boris Johnson, and the plan is also likely to be challenged in the courts.
Man says tree stunt that blocked traffic was performance artPORTLAND, Maine (AP) ? A man arrested for blocking traffic in Maine while dressed as an evergreen tree says the public display was intended to be performance art.
U.S. judge approves $14.7 billion deal in VW diesel scandal
By David Shepardson WASHINGTON (Reuters) - A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG's $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker said it would begin buying back polluting cars in mid-November. U.S. District Judge Charles Breyer in San Francisco signed off on VW's settlement with federal and California regulators and the owners of the 475,000 polluting diesel vehicles in a pivotal moment for the world's No. 2 automaker as it tries to move past a scandal that has engulfed it for more than a year. VW admitted in September 2015 to installing secret software in its diesel cars to cheat exhaust emissions tests and make them appear cleaner in testing than they really were.
New Wells Fargo CEO to employees: 'We're sorry'NEW YORK (AP) ? Newly appointed Wells Fargo CEO Tim Sloan told employees Tuesday that he is "sorry for the pain" that the bank's employees have suffered as a result of the company's sales practices scandal.
DraftKings, FanDuel agree to $12M settlement with NYALBANY, N.Y. (AP) ? DraftKings and FanDuel will pay $6 million apiece to New York state to resolve lawsuits alleging the daily fantasy sports companies engaged in false advertising.
Ryan urges Pentagon to suspend collection of Guard bonuses
WASHINGTON (AP) ? House Speaker Paul Ryan on Tuesday called for the Pentagon to immediately suspend efforts to recover enlistment bonuses paid to thousands of soldiers in California who signed up to serve in Iraq and Afghanistan.
General Motors beats earnings expectations; investor fears linger
GM's quarterly results zoomed past analysts' forecasts. Ford Motor Co shares fell 1.6 percent to $11.85, and supplier Delphi Automotive PLC fell 1.6 percent. GM Chief Executive Mary Barra told analysts on Tuesday "we are working hard to make sure the core business is operating in a very disciplined fashion" while the company invests in future technology such as self-driving cars.
The Latest: Sprained ankle won't keep Kipnis out of Game 1
Russia says it extends moratorium on Aleppo air strikes
By Andrew Osborn and Lisa Barrington MOSCOW/BEIRUT (Reuters) - Russia said on Tuesday it would extend a moratorium on air strikes on Syria's Aleppo into a ninth day, but a monitor and a civil defense official said that rebel-held parts of the divided city had been struck in recent days. Defence ministry spokesman Major-General Igor Konashenkov said Russian and Syrian planes had not even approached, let alone bombed, the devastated city since last Tuesday when Russia suspended air strikes ahead of a pause in hostilities. Rudskoi said that meant planes from Syria and Russia, which has been Damascus's most powerful ally in its six-year-old civil war, would continue to stay out of a 10-km (six-mile) zone around Aleppo.