Shake Shack sales crush expectations
Shake Shack Inc. said on Thursday that its same-store sales rose 17.1 percent in the third quarter ended September 30, continuing the burger chain’s strong sales showing following its January initial public offering.
Today’s Mortgage Rates at Citizens Bank, Wells Nov 5, 2015
Rates on 30-year fixed-rate mortgages, the most popular type of home loan, jumped over the past week, according to two separate surveys. 30-year fixed-rate mortgage (FRM) averaged 3.87 percent with an average 0.6 point for the week ending November 5, 2015, up from last week when it averaged 3.76 percent.
Disney invests $200M in Vice as it launches new TV channel
The move follows New York-based Vice earlier this week confirming it will launch Viceland stateside in partnership with A+E Networks.
Burial Vault Found Beneath Washington Square Park
New York water mains work unveils 19th century burial vault under Greenwich Village Washington Square Park.
Time Warner leaving gate ajar for Fox return
CBS is exploring the new frontier by developing a “Star Trek” series that it hopes will bolster its $5.99-a-month CBS All Access online venture.
Warren: Bill Would Give Seniors Extra Social Security Boost
Elizabeth Warren is introducing a bill she says will help senior citizens who rely on Social Security to make ends meet. The fact that Social Security benefits are not rising means that Social Security recipients whose Medicare premiums are deducted from their Social Security checks will not see an increase
Pentagon spent $43 million on gas station in Afghanistan
“No evidence exists that [the Defense task force] conducted a feasibility study before spending $43 million on the station”, Sopko wrote in his report (pdf).
Visa inc buys Visa Europe in 21.2 bln euro deal
Bloomberg, citing a person familiar with the matter, reported that the deal to unify the brand is valued at over $20 billion while the Wall Street Journal reported last week that the deal may be valued at almost $22 billion. And cross-border volume, again on a constant dollar basis, rose
Trader Found Guilty Of Commodity Fraud And ‘Spoofing’
In the USA government’s first criminal prosecution of the manipulative trading practice known as “spoofing”, high-frequency trader Michael Coscia was found guilty on Tuesday.
Molson Coors in talks to buy SABMiller’s stake
Molson Coors (NYSE:TAP) reportedly is in advanced negotiations with SABMiller to buy a majority stake in their USA joint venture MillerCoors.