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Trendy Chipotle burritos show how pricing power belongs to the hip

The sign for Chipotle Mexican Grill's restaurant is seen in Westminster, ColoradoCorporate America can learn a lot from a chicken burrito. As many companies struggle to boost prices without alienating consumers, they may want to study Mexican-food chain Chipotle, which has managed to do both. Companies including Chipotle Mexican Grill Inc , Apple Inc and PepsiCo have shown they're able to take advantage of quality, trendiness, and, in the case of Pepsi's snack foods, market dominance, to maintain high prices or even raise them faster than the inflation rate, now at about 2.1 percent in the U.S. Chipotle raised chicken-dish prices by 5 percent this year after leaving them untouched since 2011, and sales went up 29 percent last quarter. The Denver-based Mexican food specialist "has done a great job cultivating a brand that commands pricing power," especially among millennials, who are mainly people in their 20s, said Morningstar analyst R.J. Hottovy.


Fighting intensifies near MH17 crash site

Ukrainian Ministry Emergency officer, left, Donetsk People's Republic fighter, 2nd left, and members of the OSCE mission in Ukraine examine a map as they discuss the situation around the site of the crashed Malaysia Airlines Flight 17 in the city of Donetsk, eastern Ukraine Sunday, July 27, 2014. A team of international police officers that had been due to visit the site of the Malaysian plane disaster in eastern Ukraine cancelled the trip Sunday after receiving reports of fighting in the area. Alexander Hug, the deputy head of a monitoring team from the OSCE in Europe, said it would be too dangerous for the unarmed mission to travel to the site from its current location in the rebel-held city of Donetsk. (AP Photo/Dmitry Lovetsky)DONETSK, Ukraine (AP) — Ukrainian armed forces mounted a major onslaught against pro-Russian separatist fighters Sunday in an attempt to gain control over the area where a Malaysia Airlines plane was downed earlier this month.


'The Vampire Diaries' takes bite out of Comic-Con

Ian Somerhalder attends the "Vampire Diaries" panel on Day 3 of Comic-Con International on Saturday, July 26, 2014, in San Diego. (Photo by Tonya Wise/Invision/AP)SAN DIEGO (AP) — Season 5 of The CW's "The Vampire Diaries" ended with characters Damon and Bonnie (played by Ian Somerhalder and Kat Graham) being separated from their loved ones as they enter a mysterious, purgatory-like dimension.


US: Russia has fired rockets into Ukraine

WASHINGTON (AP) — U.S. officials are sharing satellite images they say show Russia has been firing rockets more than 7 miles (11 kilometers) into eastern Ukraine.

Boko Haram kidnaps wife of Cameroon's vice PM, kills at least three

By Tansa Musa YAOUNDE (Reuters) - The wife of Cameroon's vice prime minister was kidnapped and at least three people were killed in an attack by Boko Haram militants in the northern town of Kolofata on Sunday, Cameroon officials said. A local religious leader, or lamido, named Seini Boukar Lamine, who is also the town's mayor, was kidnapped as well, in a separate attack on his home. Boko Haram, the Nigerian Islamist militant group, has stepped up cross-border attacks into Cameroon in recent weeks as Cameroon has deployed troops to the region, joining international efforts to combat the militants.

With no TV, Ukrainian villagers watch "fireworks" in night sky

By Aleksandar Vasovic SPARTAK Ukraine (Reuters) - With no electricity to power televisions, residents of the Ukrainian village of Spartak look to the skies where every night they watch what they call a concert of "fireworks". "I've told them - stay at the seaside ... it is pleasant there, stay a month or two, it should all be over by then," he said at his house in Spartak on Saturday, just as a salvo from a multiple rocket launcher crashed about a kilometer away. Sasha, who like all those interviewed in Spartak declined to give his surname for fear of reprisals, said he had become quite used to living with the crossfire and a curfew that bans them from moving around from 10 p.m. to 6 a.m. Several stray shells have hit houses or landed in gardens in Spartak, wounding at least two people. Pavel, a tractor operator in his late 50s, said the villagers could now tell the difference between a multiple rocket launcher, a howitzer, a mortar, and between assault rifles and machine guns.

Ricciardo wins second Grand Prix in drenched Hungary

Fernando Alonso (front) drives through the rain ahead of Daniel Ricciardo after the start of the Hungarian Formula One Grand Prix at the Hungaroring circuit in Budapest on July 27, 2014Australian Daniel Ricciardo charged to a thrilling Hungarian Grand Prix victory on Sunday, his second Formula One win for Red Bull, as a drenched track caused chaos among world championship leaders. Rivalry between Lewis Hamilton and his Mercedes teammate and championship leader Nico Rosberg reached a new peak as Hamilton rebuffed team orders to let Rosberg by into third place. The German now leads with 202, Hamilton has 191 and Ricciardo is third with 131. Ricciardo, 25, held off Ferrari's Fernando Alonso to take first place in a race which saw several high-speed crashes after a heavy downpour just before the start changed the course of the race.


Man seeks video of 1995 Oklahoma City bombing

EDS NOTE GRAPHIC CONTENT - Salt Lake City attorney Jesse Trentadue holds a photograph of his holds a photograph of his dead brother showing his bruises and injuries during an interview Wednesday, July 16, 2014, in Salt Lake City. Trentadue's quest to explain his brother’s mysterious jail cell death has rekindled long-dormant questions about whether others were involved in the 1995 Oklahoma City bombing. Trentadue's Freedom of Information Act lawsuit against the federal government goes to trial Monday, July 28, 2014, in Salt Lake City. (AP Photo/Rick Bowmer)OKLAHOMA CITY (AP) — One man's quest to explain his brother's mysterious jail cell death 19 years ago has rekindled long-dormant questions about whether others were involved in the 1995 Oklahoma City bombing.


Air Algerie jet's black boxes to be sent to France

This photo provided on Friday, July 25, 2014, by the Burkina Faso Military shows a part of the plane at the crash site, in Mali. French soldiers secured a black box from the Air Algerie wreckage site in a desolate region of restive northern Mali on Friday, the French president said. Terrorism hasn't been ruled out as a cause, although officials say the most likely reason for the catastrophe that killed all onboard is bad weather. At least 116 people were killed in Thursday's disaster, nearly half of whom were French. (AP Photo/Burkina Faso Military)BAMAKO, Mali (AP) — Black boxes from the Air Algerie plane that crashed in northern Mali last week will be transferred to France for analysis, the French embassy in Mali said Sunday, as officials prepared for the process of identifying the remains of the dead.


38 killed as Libyan forces battle militias in east

In this Saturday, July 26, 2014 frame grab from video obtained from a freelance journalist traveling with the Misarata brigade, fighters from the Islamist Misarata brigade fire towards Tripoli airport in an attempt to wrest control from a powerful rival militia, in Tripoli, Libya. The battle for control of Tripoli's international airport began two weeks ago when Islamist-led militias - mostly from the western city of Misrata - launched a surprise assault on the airport, under control of rival militias from the western mountain town of Zintan. Heavy clashes in the country’s restive east between Libyan soldiers loyal to a renegade general and Islamist-led militias killed dozens of people including civilians, health officials said Sunday. On Saturday, the U.S. evacuated its diplomats in Tripoli to neighboring Tunisia and shut its embassy. (AP Photo/AP video)CAIRO (AP) — Heavy clashes between Libyan soldiers loyal to a renegade general and Islamist-led militias killed 38 people — including civilians — in the country's restive east, health officials said Sunday, as fighting between rival militias around the capital's international airport raged on.


UK embassy convoy hit by gunfire in Libya, no injuries-official

A British embassy convoy was hit by gunfire during an attempted hijacking outside the capital Tripoli on the way to the Tunisian border, but no-one was injured in the incident, an embassy official said on Sunday. The British embassy in Tripoli has been reducing staff since an escalation of clashes between rival militias in the Libyan capital two weeks ago in the worst violence since the 2011 civil war that ousted veteran leader Muammar Gaddafi. "It was an attempted hijack as the convoy was on its way to the Tunisian border," the official said.

Nibali set to win Tour as last stage begins

Vincenzo Nibali of Italy, wearing the overall leader's yellow jersey, second right, Peter Sagan of Slovakia, wearing the best sprinter's green jersey, right. Rafal Majka of Poland, wearing the best climber's dotted jersey, left and Thibaut Pinot of France, wearing the best young rider's white jersey, cycle at the front of the field at the start of the twenty-first and last stage of the Tour de France cycling race over 137.5 kilometers (85.4 miles) with start in Evry and finish in Paris, France, Sunday, July 27, 2014. (AP Photo/Christophe Ena)EVRY, France (AP) — Vincenzo Nibali and the Tour de France pack have begun the 21st and final stage of this year's race, with the Italian poised to take home the leader's yellow jersey on Sunday.


Gaza truce efforts go up in smoke

Palestinian medics help evacuate a survivor after an Israeli airstike on his home in Gaza City on July 27, 2014The Islamist Hamas movement continued firing rockets at Israel Sunday, despite claims it had accepted a UN request for a 24-hour extension of a humanitarian truce in war-torn Gaza. Hamas's belated acceptance of diplomatic calls for a temporary ceasefire was announced several hours after Israel resumed a devastating military assault on the enclave after a pause of more than 24 hours. Although Hamas said its militants would halt their fire from 1100 GMT in response to a request from the United Nations, there was no response from Israel.


Israel's Netanyahu says Hamas has violated its own cease-fire: CNN

By Eric Beech WASHINGTON (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Sunday the Palestinian militant group Hamas had violated its own offer of a 24-hour humanitarian truce in Gaza. Asked whether Israel would accept the truce offer, Netanyahu told CNN's "State of the Union" program: "Hamas doesn't even accept its own cease-fire, it's continuing to fire at us as we speak." Netanyahu added that Israel "will take what ever action is necessary to protect our people." Hamas said it had offered a 24-hour "humanitarian calm" period that had been due to start at 2 p.m. local time (7.00 a.m. EDT) on Sunday. Some 1,060 Palestinians, mainly civilians and including many children, have been killed in the 20-day conflict in Gaza between Israel and Hamas.

At 60, Newport Jazz Fest looks to the future

FILE - In this Aug. 8, 2010 file photo, trumpeter Wynton Marsalis plays at the Newport Jazz Festival in Newport, R.I. He will be among the featured performers returning to the festival on Saturday, Aug. 2, 2014. Marsalis' Jazz at Lincoln Center Orchestra are set to perform some of the signature pieces from Newport's storied past by Thelonious Monk, John Coltrane and Miles Davis, among others. (AP Photo/Joe Giblin, File)NEW YORK (AP) — Newport Jazz Festival founder George Wein is more interested in where jazz is going than in where it's been as he marks the 60th anniversary of the granddaddy of all outdoor jazz festivals.


Boko Haram kidnaps top official's wife in Cameroon

YAOUNDE, Cameroon (AP) — A government spokesman says Boko Haram fighters kidnapped the wife of Cameroon's vice prime minister in an attack that also resulted in multiple deaths.

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