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☆ From Burger King to Panda Express, 7 places you can get Mother’s Day freebies and discounts this weekend
▼ + stars: | 2024-05-11 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Mother's Day is right around the corner, and restaurants across the U.S. are offering up freebies and discounts to help you celebrate. This year, Mother's Day falls on Sunday, May 12. You can join Burger King's "Royal Perks" program online at bk.com/royalperks, or by downloading the BK app. At Friendly's, you can treat mom to a free scoop of ice cream on Mother's Day at participating locations. Insomnia CookiesWhen you buy 12 classic cookies online or in store from Insomnia Cookies, you'll get four more classic cookies for free.

Persons: Mother's, Auntie Anne's, Anne's, Burger, you'll, Robin, Margarita, King Organizations: Sunday, BK, Panda Locations: U.S, Friendly's

☆ Here are 5 ways fast-food restaurants in California are cutting costs to cover the new minimum wage
▼ + stars: | 2024-04-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewFast-food franchisees in California are desperately looking for ways to cut costs as the state's $20 minimum wage for workers at limited-service restaurants kicks in. Mendelsohn, the El Pollo Loco franchisee, told NPR that her preemptive price increases had already deterred some customers. William Blair analyst Sharon Zackfia expects some restaurants in California to turn to digital kiosks as labor costs rise. Spending less on operationsBeyond labor, restaurants are looking for other ways to save on their operating costs. Alex Johnson, the Auntie Anne's Pretzels and Cinnabon franchisee, told the AP that he wasn't looking at opening any more locations in California.

Persons: —, Michaela Mendelsohn, Alexi Rosenfeld, Alex Johnson, Anne's Pretzels, he'd, Marcus Walberg, Mendelsohn, Brian Hom, Walberg, Sharon Zackfia, William Blair, Grace Dean, Kris Stuebner, Scott Rodrick Organizations: Service, Business, El, Loco, NBC Los Angeles, Associated Press, El Pollo Loco, NPR, Wall Street Journal, CNN, KFC, Management Corporation, ABC, Fox News, AP Locations: California, Los Angeles County, Los Angeles, San Jose

Fast food was her full-time job until last year. “Because I would not have been looking for so many other jobs in different places.”The law was supported by the trade association representing fast food franchise owners. For many fast food restaurants, this means the jump to $20 per hour will be smaller. At first, it appeared the bread exemption applied to Panera Bread restaurants. Also, Flynn has announced he would pay his workers at least $20 per hour.

Persons: Ingrid Vilorio, ” Vilorio, Alex Johnson, Anne's Pretzels, Johnson, “, ” Johnson, ”, Michael Reich, ” Reich, Reich, Greg Flynn, Newsom, Flynn, ___ Organizations: San Francisco Bay Area, University of California, Bloomberg News Locations: LIVERMORE, Calif, California, United States, San Francisco Bay, Berkeley, Sacramento , California

☆ Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike
▼ + stars: | 2024-03-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Californian fast-food restaurants are cutting workers to prepare for the $20 minimum wage. AdvertisementFast-food restaurants in California are laying off hundreds of workers to cut back on costs as they prepare for the state's $20 minimum wage for fast-food workers that comes into force in April, a new report by The Wall Street Journal details. Franchisees are worried about higher prices spooking dinersCalifornia is raising the state's minimum wage for workers at limited-service restaurants to $20 an hour from April 1 — 25% higher than its general minimum wage. AdvertisementThe franchisees generally set prices, and some are concerned that higher prices could scare off diners. "I can't charge $20 for Happy Meals," Scott Rodrick, owner of 18 McDonald's restaurants in Northern California, told the Journal.

Persons: —, Alexander Johnson, Anne's, Scott Rodrick, Brian Hom, He's, Hom, Roy Gilad Organizations: Pizza, Service, Wall, Southern California Pizza Company, Business, KTLA Locations: California, Southern, West, Northern California, Los Angeles, San Jose

☆ Shaquille O’Neal says this advice from Jeff Bezos got him to invest in a $29 million education startup backed by Sam Altman
▼ + stars: | 2024-02-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When you're considering investment advice, taking a tip from one of the world's wealthiest people is probably a good place to start. That's why Shaquille O'Neal says he turned to Amazon founder Jeff Bezos for inspiration before deciding to invest in Campus, the online community college startup that's already raised more than $29 million from investors like OpenAI CEO Sam Altman and Discord founder Jason Citron. "I heard Jeff Bezos say, if you invest in things that's going to change people's lives, you'll always get a great return on your investment," O'Neal said. And, O'Neal has long touted Bezos' advice to seek out investment opportunities that he truly believes can "change people's lives." "If something comes across my desk and I don't believe in it, I don't even look at it," O'Neal told The Wall Street Journal in 2019.

Persons: Shaquille O'Neal, Jeff Bezos, Sam Altman, Jason Citron, O'Neal, Fortune, he'd, you'll, Tade Oyerinde, Oyerinde, It's, Bezos, Matt Isbhia, Papa John's, Auntie Anne's, it's Organizations: Amazon, Princeton, Vanderbilt, Spelman College, of Famer, Phoenix Suns, Bezos, Wall Street, Google

☆ For the 1st time in 7 years, Subway opened more stores than it closed
▼ + stars: | 2024-02-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

In 2023, for the first time since 2016, Subway opened more stores than it closed. Subway has closed thousands of stores, resulting in years of decline in net restaurant count. AdvertisementFor the first time since 2016, after years of store closures, Subway finally opened more sites than it shuttered. AdvertisementBut Subway has also been closing thousands of stores, resulting in years of net restaurant-count decline. Restaurant Business previously reported that Subway had closed more than 6,500 restaurants between 2015 and 2022.

Persons: —, Gerardo Mora, It's, Roark Capital, Jimmy John's, Dunkin, Roark, Anne's Organizations: Subway, Service, Business, . Subway, Getty, Subway Subway, North, American, Roark Locations: Mainland China, North America

☆ A woman created a list of service workers she refuses to tip in 2024, saying that tipping has gotten 'out of control'
▼ + stars: | 2024-01-04 | by ( Kieran Press-Reynolds | ) www.businessinsider.com time to read: +4 min

@Antidietpilot began the video by saying that tipping culture has gotten "out of control." AdvertisementShe said she wouldn't tip for to-go orders, drive-thru service, frozen yogurt shops, or the pretzel store Auntie Anne's. She said she wouldn't tip people who set their own wage, like beauty service professionals. She also said that if someone needs a medical qualification or license to perform their job, she wouldn't tip them. AdvertisementAs tipping screens become increasingly prevalent throughout the US, tipping culture continues to be a hot debate on TikTok.

Persons: —, @Antidietpilot, I'm, Anne's, @antidietpilot, @hopscotchproductions, I've Organizations: Service Locations: TikToker, TikTok

☆ A pretzel-shop worker committed a $1 million fraud to buy Tesla, GameStop, and Nvidia shares - and ended up making $7,000 for his broker, SEC says
▼ + stars: | 2023-08-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

A fast-food worker obtained $200,000 of advance credit by making bogus deposits, the SEC says. The Auntie Anne's employee piled the entire sum into Tesla, Nvidia, GameStop, AMC, and other stocks. His broker caught on and liquidated the holdings a day later, making a roughly $7,000 profit. The pretzel-shop worker piled about $85,000 into Apple, $78,000 into GameStop, $22,000 into Nvidia, $13,000 into AMC Entertainment, and $700 into Tesla. Tesla and Nvidia also have passionate fanbases who expect the pair to win big from the artificial-intelligence revolution.

Persons: Deyonte Jahtori Anthony, Auntie Anne's, Anthony, Anthony wasn't, Anthony couldn't Organizations: SEC, Nvidia, GameStop, AMC, Service, AMC Entertainment, Securities and Exchange Commission, Apple, Tesla, Cano Health, Electronic Arts, Resolute, Products, ETFMG, Security Locations: Wall, Silicon, North Carolina

☆ Subway sandwich chain sells itself to Dunkin' owner Roark Capital
▼ + stars: | 2023-08-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas. Roark Capital is buying Subway, ending the sandwich chain's more than five decades of family ownership and marking a new era for the struggling company. Subway dwarfs all of them by number of restaurants, and brings in more annual sales than all but Dunkin'. Through holding company Inspire Brands, Roark owns Dunkin', Baskin-Robbins, Sonic, Arby's, Buffalo Wild Wings and Jimmy John's. Roark plans to keep Subway as a separate entity within its portfolio, Subway CEO John Chidsey told the Journal.

Persons: Roark, Dunkin, Robbins, Jimmy John's, Anne's, Carvel, Neil Saunders, John Chidsey, Chidsey, Fred DeLuca, Peter Buck, Jared Fogle, DeLuca, Buck Organizations: Roark Capital, Subway, TDR, Sycamore Partners, Wall Street, Inspire Brands, Baskin, Buffalo Wild Wings, Focus Brands, Journal ., Business Locations: Austin , Texas, Cinnabon, Connecticut, U.S

☆ Carl's Jr. and Hardee's to roll out Presto's A.I. drive-thru ordering nationwide
▼ + stars: | 2023-05-04 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Carl's Jr. and Hardee's locations will roll out automated drive-thru ordering nationwide using Presto's artificial intelligence software. Together, Carl's Jr. and Hardee's have about 2,800 restaurants across 44 U.S. states. Hardee's locations are mostly in the Midwest and South, while Carl's Jr. restaurants are found in the West. CKE tested the software last year at a handful of Carl's Jr. and Hardee's locations. CKE operates about 250 of Carl's Jr. and Hardee's restaurants, while franchisees run the rest.

☆ Bank earnings are under way. Here are the biggest storylines everyone on Wall Street is focused on.
▼ + stars: | 2023-01-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Starting today, the six big US banks (Bank of America, Citi, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo) report their Q4 and year-end earnings. But instead of a boring preview on what to expect, I figured I'd have some fun by setting gambling lines on some of the biggest storylines heading into earnings. OK, let's get into the biggest storylines and their odds:David Solomon discusses the recent headcount reduction at Goldman Sachs. What'll be interesting is if he teases even more cuts coming down the line as the bank looks to cut costs. (-150)Background: The bank got ahead of this one by announcing its plans to step back from mortgages earlier this week.

☆ Shaquille O’Neal reveals Jeff Bezos's investing principle that he still uses today
▼ + stars: | 2022-10-10 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Shaquille O'Neal attends the second preseason NBA game between Atlanta Hawks and Milwaukee Bucks at Etihad Arena on October 8, 2022 in Abu Dhabi, United Arab Emirates. "If you invest in things, it's going to change people's lives, you will definitely get a nice return," the previous NBA star recalled Bezos sharing in a tech conference in Vegas. NBA legend Shaquille O'Neal shared an investment principle he heard from Amazon founder Jeff Bezos, which he says has inspired his approach ever since. O'Neal added his own ten cents: "Never think about the monetary aspect ... it's not important to me." Is it gonna change people's lives?

☆ I flew on Breeze's new A220 jet from Las Vegas to Charleston in economy and it was nothing like flying on a typical low-cost carrier
▼ + stars: | 2022-06-25 | by ( Taylor Rains | ) www.businessinsider.com time to read: 1 min

At the gate, customers were told they could get reimbursed up to $20 for food by submitting the receipt to Breeze online. The agent said this was to make sure people could eat where they wanted instead of at a specific restaurant. I treated myself to Auntie Anne's. Taylor Rains/Insider

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