1. Corporate Strategy

Fatburger parent’s stock craters after company discloses investigation into CEO

Written by Posted on Less than 0 min read

Fat Brands said it is cooperating with the investigation.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Channel: Restaurants

Restaurant Brands earnings beat estimates, fueled by strong Tim Hortons sales

Restaurant Brands earnings beat expectations as Tim Hortons performed better than expected. View Original Article Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Trends & External Forces

MyPillow CEO Mike Lindell ordered to pay $5 million to 2020 election fraud data debunker

[[“value”:”MyPillow CEO Mike Lindell claims that ex-President Donald Trump was defrauded out of reelection in 2020 by voting maching manipulation.”]]  View Original Article Legal & Criminal Government Data & Insights Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Corporate Finance

Marlboro maker Philip Morris reports revenue miss, but strong sales of cigarette alternatives

​[[“value”:”Philip Morris beat quarterly earnings estimates and missed revenue expectations, but sales of heated tobacco and oral nicotine products were strong.”]]  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

PGA Tour secures up to $3 billion from U.S. investors as LIV Golf merger hangs in the balance

Strategic Sports Group’s investment in the PGA Tour comes as the professional golf organization’s merger with the Saudi-backed LIV Golf is up in the air. View Original Article Results & Investment Mergers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Home Improvement

Walmart and Home Depot are getting ready for a consumer slowdown

​   ​   [[“value”:”Walmart and Home Depot gave full-year outlooks that disappointed some investors, as shoppers contend with inflation.”]]  View Original Article Walmart Consumers Economy Shoppers Home Depot CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Uncategorized

Jim Cramer’s Investing Club meeting Wednesday: Fed speech, stock picks, Alphabet’s costs

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Corporate Finance

Fanatics valuation hits $31 billion after $700 million investment round

Michael Rubin’s sports platform company Fanatics has raised $700 million in capital, raising its value to $31 billion. View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department: Beverage

How Nescafé instant coffee is made

Nescafé is sold in 180 countries and has 25 factories globally. Worldwide one in seven cups of coffee consumed is a Nescafé. View Original Article Dept. Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas will sell some leftover Yeezy inventory instead of burning it, CEO says

​Instead of burning excess Yeezy inventory, Adidas plans to sell some of it and donate the money to charity.  View Original Article Executives Operations & Supply Chain Philanthropy Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Holiday & Events

Macy’s raises earnings forecast, says it has fresh inventory for the holidays

Macy’s raised its earnings forecast for the year after the department store operator said its inventory is well positioned for the holiday shopping season. View Original Article Editor's Choice Dept. Fresh Results & Investment Operations & Supply Chain Holiday & Events Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC […]
< 1 min read
0
  1. Channel: Home Improvement

Home Depot names company veteran Ted Decker as CEO

The home improvement retailer’s leadership change takes effect in March 1. View Original Article Executives Home Depot CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across […]
< 1 min read
0
  1. Channel: Mass

Target plans to hire 100,000 seasonal workers for the holidays and start deals early

Target announced that it will hire 100,000 seasonal workers for the holidays and start markdowns the first week of October. View Original Article Associates Target Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Trends & External Forces

Here’s what to expect when Club apparel retailers TJX and Foot Locker report this week

​[[“value”:”TJX Companies (TJX) and Foot Locker (FL) are set to deliver quarterly results, as consumers continue to be squeezed by a slowing economy and inflation.”]]  View Original Article Results & Investment Consumers Economy Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Media & Marketing

Unions are forming at Starbucks, Apple and Google. Here’s why workers are organizing now

Labor unions have formed at more than 200 Starbucks, an Apple store, Google and elsewhere. Here’s how it happened and why it’s unusual in retail and tech. View Original Article Associates Technology & Innovation Restaurants Google CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Operations & Supply Chain

What are ‘ghost guns’? A federal crackdown is coming on untraceable firearms, and dealers are rushing to sell them

With new federal regulations set to take effect on so-called ghost guns, makers of the untraceable firearms are racing to offload inventory. View Original Article Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Department: Consumer Durables

Nike misses on revenue for first time in two years, but stock pops as earnings, margins beat

​[[“value”:”Nike fell short of revenue expectations during its fiscal first quarter but beat on earnings and margins.”]]  View Original Article Results & Investment Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Uncategorized

Peloton is raising subscription fees while cutting prices for its Bikes and other equipment

Effective June 1, the price of Peloton’s all-access subscription plan in the United States will go up to $44 per month, from $39. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Department: Food

Taco Bell tests its own meat substitute ahead of Beyond Meat launch later this year

Taco Bell is testing a plant-based meat substitute made from soy and pea protein at its restaurants in Birmingham, Alabama. View Original Article Health & Wellness Trends: Food and Beverage Restaurants Dept. Fresh CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Department: Consumer Durables

Burberry shares sink 9% as luxury spending slowdown bites

​ ​  ​Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts  View Original Article Dept. Apparel International - UK CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Department: Food

Home Depot says the worst of inflation is over — that could be good news for retailers and shoppers

​ ​  ​[[“value”:”With its comments, Home Depot gave fresh hope that relief could be coming for consumers or the broader economy.”]]  View Original Article Shoppers Home Depot Dept. Fresh Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
Next