Hedge Fund Pershing Square filed SEC documents to sell 2.88 million shares of Chipotle stock. The sale would represent Pershing’s entire investment in the company.

Tax reform is a hot topic in corporate earnings, coming up in hundreds of calls since the summer of 2016. The issue has been discussed in hundreds of earnings calls since House Republicans announced their ” Better Way for Tax Reform ” blueprint in June 2016, according to a new analysis from Businesses United for Interest Loan and Deductibility .

A Houston area refinery owned by Brazilian energy company Petrobras was sued by two Texas environmental groups claiming repeated pollution violations. The Clean Air Act allows civilians to sue through federal courts in order to enforce pollution rules.

Shares of GoPro were down more than 2% Friday afternoon after analysts at Citi Research initiated coverage of the stock with a “sell” rating, predicting that the company will continue to lose money over the next two years. “In the absence of significant topline growth, the company has started to focus on operating expense control, but breakeven remains at least 2 years out, in our view,” analyst Stanley Kovler wrote.

The board of directors of the French-based manufacturer of automobiles PSA Group has approved the plan to acquire the Opel from General Motors in a deal expected to be announced Monday, according to Reuters .

People love their pets — and investors really love Idexx Laboratories . In the latest 12-month period, shares of this animal health diagnostic stock are up a staggering 94%.

Somehow, we don’t think the new Mercedes-Benz pickup truck will be carrying bags of concrete to a job-site. Daimler , parent of Mercedes-Benz, said Friday that it will bring its newest concept version of its first pickup truck to the Geneva Motor Show on March 7. The auto on display will be a luxury midsize model, and would mark the first true luxury pickup truck on the market.

It has been a nice little run for the previously beaten down biotech/biopharma sectors so far in 2017. February saw the main biotech indices rise some 10%, in one of their best monthly performances over the past few years.

You don’t want to hear this. No one wants to hear this, the longs or the shorts, but you can’t get caught up in valuations on an unseasoned initial public offering — and Snap Yesterday, when the company went public with a $24 billion valuation, I said it would go to $40 billion.

The United States Oil Fund , which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund , which tracks Brent crude oil futures, are each up just over 1% over the past month and the oil futures could be signaling more gains to come for the commodity.

It was a cool autumn evening in Paris in 2015, and a number of executives from the police supplier Taser International were enjoying dinner at a cafe when the shooting began. They took cover, and in the havoc, soon learned that some 150 yards away, armed men were laying siege to the Bataclan concert hall-part of a series of attacks that would turn out to be the deadliest in France since World War II.

Commerce Secretary Wilbur Ross will take a proactive view on trade and ensure that the U.S. is the recipient of good trade deals on the international stage, he told CNBC Friday morning. Ross promoted both employment and exports as his primary focus.

Top Apple AAPL executives have contacted some of Hollywood’s most successful TV and film producers in the last couple of weeks about going to work for the tech giant, the New York Pos t reports.

The postponed deadline suggests that the Carl Icahn Protg Keith Meister is seriously considering a proxy contest to push for a possible sale of the web-radio streaming company. Pandora Media Inc. late Thursday postponed the deadline for dissident director nominations, suggesting that Carl Icahn protege Keith Meister is seriously considering a proxy contest to push for a possible sale of the web-radio streaming company.

UK Secretary of State for Culture, Media and Sport Karen Bradley will seek further evidence from Rupert Murdoch that 21st Century Fox is fit to take over Sky. The UK Secretary of State for Culture, Media, and Sport Karen Bradley will publish a letter noting her concerns regarding the pending takeover of Sky by 21st Century Fox on Friday, according to ITV News .

Twenty-First Century Fox took another step toward a takeover of Sky after it set the clock ticking on the regulatory approval process with a formal application to the European Commission. Twenty-First Century Fox took another step toward a takeover of Sky plc Friday after it set the clock ticking on the regulatory approval process with a formal application to the European Commission.

The Fed, always in focus these days, is now front and center in the minds of most market participants. Jerome Powell, who is a governor at the central bank, spoke on CNBC yesterday and will be one of five Fed speakers to orate publicly today.

” After the election we’ve seen very large increases in household and business confidence, we’ve seen very buoyant financial markets — the stock market is up, credit spreads are narrow. And we have the expectation that fiscal policy will probably move in a more stimulative direction.

Next Wednesday, all eyes will be on U.K. Chancellor of the Exchequer Philip Hammond, who will present the country’s budget. But investors should not hope for massive fiscal stimulus.

In the world of business, so much is caught up in a company’s brand – not just its image, but its reputation and how recognisable it is in the marketplace.