Emily Santiago-Molina

Citing production issues due to a shortage in supply Rivian Automotive Inc. (Nasdaq: RIVN) lowered its 2024 production guidance from an initial 57,000 electric vehicles to between 47,000 and 49,000 units.

Yoshiharu Global Co. (Nasdaq: YOSH) has entered a memorandum of understanding with China-based Xing Sheng Group to open a flagship restaurant in Shenyang, China.

Chipotle Mexican Grill (NYSE: CMG) is making minority investments in two new businesses, Lumachain and Brassica, as part of the Newport Beach restaurant chain’s $100 million Cultivate Next venture fund.

Collage Culinary Experience, the two-story dining hall at South Coast Plaza’s Bloomingdale’s location, is adding a new dining concept in winter 2024. Shoo Loong Kan Hot Pot, a Sichuan hot pot chain founded in China, will open in a 5,000-square-foot space.

Following previous sale of Irvine HQ to the city Resources Connection Inc. (Nasdaq: RGP) is moving its headquarters to an existing office in Dallas, Texas effective Nov. 1.

Restaurant chain reports fiscal Q3 following CEO departure Shares of BJ's Restaurants Inc. (Nasdaq: BJRI) dropped 12% to $32.80 during after-hours trading following the company's fiscal third quarter results on Thursday.

Ryan Junk, chief operating officer of Xponential Fitness Inc. (NYSE: XPOF), resigned from the fitness studio franchisor on Nov. 1 effective today, according to an SEC filing.

Chain's COO, since 2017, to succeed Brian Niccol, effective immediately

California Pizza Kitchen (CPK) has signed its first partnership deal with a U.S.-based franchise group, Sundine LLC, marking the activation of its new domestic franchising program.

Event proceeds to go towards Hoag Hospital Foundation