RESTAURANTS

Data breach hits Chipotle

Hackers used malware to access credit and debit card information from Chipotle Mexican Grill customers in Northeast Ohio and across the country in March and April, the company said Friday on its website.

The company advised customers that the breach occurred between March 24 and April 18.

It said it has been working with leading cybersecurity firms, law enforcement and the payment card networks to determine the scope of the data breach.

Chipotle said the malware searched for track data (which sometimes has cardholder name in addition to card number, expiration date and internal verification code) accessed from the magnetic stripe of payment cards.

The company advised customers to check their payment card statements for any unauthorized activity and immediately report any suspicious charges to the card issuer.

Chipotle said the malware has been removed. Further information is available at www.chipotle.com/security or by calling 888-738-053.

PAINT

Pathway cleared for merger

Sherwin-Williams Co. on Friday afternoon announced it has received the final regulatory green light to acquire Valspar Corp., clearing the way for the Cleveland-based paint company to become one of the world’s largest, the Plain Dealer reported.

The approvals from the U.S. Federal Trade Commission and the Canadian Competition Bureau were the final obstacles required to close the acquisition of Minneapolis-based Valspar for $113 per share in cash, or about $11.3 billion.

The deal will create a mammoth global paint company with combined estimated revenues of $15.6 billion, adjusted earnings of $2.8 billion and about 58,000 employees.

STREAMING MUSIC

Tidal loses another CEO

Jay Z’s Tidal streaming service has lost its third CEO in two years.

Tidal said Friday that Jeffrey Toig has left the company, which was launched in 2015. Toig joined Tidal in January 2016.

The streaming service said in a statement that it will announce a new CEO “in the coming weeks” and wishes Toig “all the best in his future endeavors.”

Tidal is also co-owned by Beyonce, Madonna, Rihanna, Kanye West and other artists. Sprint announced in January it was buying a 33 percent stake in Tidal, which has more than 40 million songs and 140,000 videos. It is available in more than 52 countries.

Tidal’s former CEOs include Peter Tonstad and Andy Chen.

AUTOS

BMW recalls 7-Series cars

BMW is recalling more than 45,000 older 7-Series cars in the United States because the doors can open unexpectedly while they’re being driven.

The recall covers certain 745i, 745Li, 750i, 750Li, 760i, 760Li and B7 Alpina cars from the 2005 through 2008 model years that have the comfort access and soft door close options.

BMW says the doors may appear to be closed and latched but can inadvertently open due to road conditions or occupant contact with the door. A sudden opening could cause someone to be ejected or increase the risk of injury in a crash.

The company says in documents posted by the government that the latches can malfunction over time.

ECONOMY

Durable goods orders fall

U.S. orders for long-lasting manufactured goods dropped in April for the first time in five months, and a key category that tracks business investment went nowhere for the second straight month.

The Commerce Department said Friday that durable goods orders fell 0.7 percent in April after rising 2.3 percent in March. The April downturn was the first since durable goods orders fell 4.6 percent in November.

Durable goods, ranging from refrigerators to battleships, are items meant to last at least three years.

Compiled from staff and wire reports.