Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Chipotle Mexican Grill said Thursday that executive compensation will now be linked to hitting targets tied to the company’s environmental and diversity goals. The burrito chain is following in the footsteps of Starbucks and McDonald’s, both of which recently announced that performance for racial
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Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China. Getty Images Sustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance (ESG) investments during the coronavirus pandemic last year. ESG investing prioritizes a company’s positive contributions
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Frank Slootman, CEO, Snowflake Source: CNBC Snowflake stock fell as much as 7% then rebounded in extended trading on Wednesday after the data analytics software company gave full-year guidance that met but did not exceed analysts’ estimates, and announced an end to its dual-share class structure, which could allow newer investors more control over the
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chee gin tan | E+ | Getty Images The Small Business Administration on Wednesday released a new application and loan calculation formula for Paycheck Protection Program loans for self-employed and gig workers. For these small businesses, it will mean larger forgivable loan amounts going forward. The new PPP application for self-employed workers and sole proprietors
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Shoppers enter a Michaels store in Miami, Florida. Scott McIntyre | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Rocket Companies – The online mortgage provider’s stock dropped close to 20% after a surprise rally in the previous session as analysts urged caution in the heightened speculative trading in the
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Commerce and industry ministry on Wednesday asked the Bureau of Indian Standards, the Quality Council of India and private sector to create a schedule of testing and certification charges for industry, similar to the rate card in Ayushman Bharat. He also said the railways will be the first large organisation to dovetail all their standards
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Johnson & Johnson CEO Alex Gorsky discussed Tuesday the company’s unprecedented partnership with rival Merck to boost production of its Covid-19 vaccine. “Extraordinary times take extraordinary efforts,” Gorsky told CNBC’s Jim Cramer in a “Mad Money” interview. “What this means is that Americans are going to get shots in the arm faster, and we’re very
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