McDonald's Corp
Twitter to aim on video, commerce in business enterprise revamp
Twitter CEO Elon Musk, remaining, speaks with Linda Yaccarino on April 18, 2023. Musk announced Could 11, 2023 that he was stepping down from the position and a day later on named Yaccarino as Twitter’s new CEO. Rebecca Blackwell | AP Twitter ideas to emphasis on movie, creator and commerce partnerships to revitalize the social […]
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Kraft Heinz unveils customizable sauce dispenser with more than 200 condiment combos for restaurants
A rendering of the Heinz Remix dispenser Source: Kraft Heinz For more than 125 years, Heinz bottles have touted “57 varieties,” a number completely made up by its founder with little to no real-life application. Now, Kraft Heinz wants to offer customers more than three times that number of condiment options through a new customizable […]
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McDonald’s new battle over the way the Massive Mac and fries are packaged
S3studio | Getty Illustrations or photos News | Getty Illustrations or photos In 1990, McDonald’s ditched the styrofoam household for the Major Mac, and its signature burger has been served ever considering the fact that in paper wrap. Reusable packaging may be subsequent. McDonald’s is making some development on a goal it established in 2018 […]
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Carl Icahn’s company stock falls as significantly as 20% following prosecutors search for monetary info
In this write-up IEP Follow your most loved stocksGenerate Free ACCOUNT Carl Icahn talking at Offering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Icahn Enterprises, Carl Icahn’s conglomerate, saw its inventory fall all over again Wednesday following a disclosure showed regulators are in search of facts concerning its corporate […]
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Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth’s Chris deal
A Ruth’s Chris Steak House in Miami, May 3, 2023. Joe Raedle | Getty Images News | Getty Images Olive Garden owner Darden Restaurants is betting on fine dining with its $715 million acquisition of Ruth’s Chris Steak House. The company’s announcement on Wednesday that it’s adding another fine-dining restaurant to its portfolio surprised some. […]
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McDonald’s franchisees fined after 305 minors, including 10-year-olds, found working illegally
McDonald’s location in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images More than 300 minors — including two 10-year-olds who were unpaid — were found to be working in violation of federal labor laws at McDonald’s franchise restaurants across Kentucky and other states, the U.S. Labor Department said this week. The franchisees in total […]
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McDonald’s diners are pushing back against price increases in some markets, CEO says
McDonald’s customers are pushing back against higher prices in some markets and adding fewer menu items to their orders, CEO Chris Kempczinski said Tuesday. Shares of McDonald’s fell slightly Tuesday, but the stock hit a new 52-week high. McDonald’s is up about 10% so far this year. Kempczinski’s comments come as consumer companies report mixed […]
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Stocks making the biggest moves premarket: Novartis, First Republic, 3M and more
In this article NVS NOV.N-CH PKG MMM FRC JBLU GM PEP MCD UPS Follow your favorite stocksCREATE FREE ACCOUNT Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) in Wall Street in New York City. Johannes Eisele | AFP | Getty Images Check out the companies making headlines before […]
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McDonald’s is about to report earnings. Here’s what to expect
Delivery couriers are seen near McDonald’s restaurant in Krakow, Poland on April 12, 2023. Jakub Porzycki | Nurphoto | Getty Images McDonald’s is expected to report its first-quarter earnings before the bell on Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting the company to report: Earnings per share: $2.33 expected Revenue: $5.59 […]
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Restaurants are expected to post strong earnings, but signs of trouble ahead could emerge
Pedestrians carry McDonald’s bags in New York, US, on Wednesday, April 6, 2023. Victor J. Blue | Bloomberg | Getty Images As restaurants prepare to present their first-quarter earnings, investors are anticipating strong results. But the rest of the year may prove bumpier for the sector. McDonald’s, Chipotle Mexican Grill and Domino’s Pizza will all […]
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