Chipotle Mexican Grill wins in court as judge dismisses securities class action lawsuit accusing the chain of misleading investors about portion sizes and customer dissatisfaction. CEO Brian Niccol denies accusations of skimpy servings. Garnett dismisses lawsuit, citing failure to meet legal standards for securities fraud. Chipotle reports over $11 billion in revenue for 2024. 1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling over 500 points. This was attributed to concerns over rising inflation and potential interest rate hikes by the Federal Reserve.

2. In other news, a new study has found that the COVID-19 vaccine is highly effective in preventing severe illness and hospitalization. The study analyzed data from over 100,000 individuals and showed a 95% effectiveness rate.

3. A wildfire in California has forced thousands of residents to evacuate their homes. The fire, which started in a national forest, has already burned through thousands of acres and is threatening nearby communities.

4. The United Nations has issued a warning about the worsening climate crisis, stating that urgent action is needed to prevent catastrophic consequences. The report highlights the increasing frequency of extreme weather events and the impact on vulnerable populations.

5. In technology news, Apple has announced the release of its latest iPhone model, featuring improved camera capabilities and faster processing speeds. The new phone is set to hit stores next month, with pre-orders already available.

Read more at Yahoo Finance: Chipotle dodges investor lawsuit over portion size complaints