DIRS.INFO The most relevant business & tech news

☆ Starbucks gets a price target cut after a brutal quarterly miss and light guidance
▼ + stars: | 2024-04-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

In Starbucks' international segment, comparable store sales fell 6% and missed estimates of 0.5% growth. The street was looking for flat comparable sales in China, according to FactSet. China comparable sales are expected to decline by a single-digit percentage versus expectations of low single-digit growth in the second quarter through the fourth quarter. Global net new store growth was tweaked down from 6% to 7%. That's due to slower China store openings, which was revised to 12% growth from 13%.

Persons: Laxman Narasimhan, Dunkin, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Revenue, Starbucks, Bros, McDonalds, Wall Street, Global, CNBC, Getty Locations: China, United States, North America, Latin America, Asia, Japan, Manhattan , New York City

☆ Two 2024 tech laggards are driving the stock market higher Monday — here's why
▼ + stars: | 2024-04-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Driving the S & P 500 higher, ironically, are the two "Magnificent 7" stocks that have underperformed all year: Tesla and Apple . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Tesla, Elon Musk, Bernstein, There's, Cramer, Eli Lilly, Jim Cramer's, Jim, Tim Cook, Pedro Pardo Organizations: CNBC, GE Healthcare, PayPal, McDonalds, Devices, Jim Cramer's Charitable, Apple's, China Development Forum, AFP, Getty Locations: China, Wells, Wells Fargo, Eaton, Beijing

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ Gen Zers are in their 'boycott era', even when it comes to which jobs they apply for
▼ + stars: | 2024-04-17 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +9 min

Gen Zers are in their boycott era, turning against anything that doesn't align with their beliefs. But McGoff said Gen Zers wanted their workplace to align politically — so they had to talk about it. Getty ImagesGabrielle Yap, who's 26, said Gen Zers grew up in a time when information was available at their fingertips 24/7. "The company's public stance on these points, as well as the managers' views, affect the organization's capacity to hire Gen Zers," he said. It was a 2018 survey by Deloitte, not Deloitte's 2023 Gen Z and Millennial Survey.

Persons: Zers, —, there's, Gen, Z, Gen Zers, Karim Adib, Omar Taleb, Zer, George Floyd, Erin McGoff, McGoff, Adib, Gabrielle Yap, We've, we're, Yap, It's, Khalid Machchate, Zoomers, would've, Taleb Organizations: Service, Starbucks, McDonalds, Hyundai, HP, Siemens, Deloitte, Survey, ClickThrough, Bright Network, W Technology Locations: Israel, Gaza, who's, Lindsey, Africa

☆ The Masters bubble: No phones and no news – a rare escape from reality
▼ + stars: | 2024-04-16 | by ( Don Riddell | ) edition.cnn.com time to read: +6 min

Augusta National CNN —A ticket to the Masters, known as a badge, is one of the most elusive items in all of sports. The use of cell phones is strictly prohibited on the property of Augusta National, meaning that patrons – fans at the Masters – quickly become oblivious to outside events. Or you come to the Masters.”During these times of heightened international tensions, that makes Augusta National feel like one of the most isolated places on earth. Maddie Meyer/Getty ImagesIt’s hard to make an argument against Augusta’s restrictive cell phone policies. “For her, the liberation of being without a cell phone was absolutely spectacular,” he said.

Persons: “, Mike Rawl, azaleas, Louisa Cranford, ”, ” Cranford, Warren Little, Billy Payne, Fred Ridley, Brian Snyder, Scottie Scheffler, Meredith, Ted Scott, Maddie Meyer, O.J, Simpson, they’d, Joe Biden, Donald Trump, Rachelle Rawl, Bob Nesbit, who’s Organizations: Augusta National CNN, CNN, Augusta, CBS, Reuters, Mental, Columbia University’s Department of Psychiatry, Hooters, McDonalds, Washington, Golf Locations: Augusta, Israel, American

☆ McDonalds is bringing back bagels to boost California sales after state minimum wage hike
▼ + stars: | 2024-04-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

The popular menu item, plus a $15 million ad buy, could boost sales by 10%, according to Bloomberg. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCalifornia's newly enacted fast food wage hike is already having an effect, though not one lawmakers likely had in mind when writing the law: bagels are back at McDonald's in the state. Related storyMcDonald's told Business Insider that the team's recommendations were based on best practices from other locations where restaurant operators have had to navigate local wage hikes. Scott Rodrick, who owns 18 McDonald's locations in the state, told Business Insider he's already raised menu prices between 5% and 7% since January, but there is a limit to the prices his customers will pay.

Persons: —, Scott Rodrick, he's, Kerri Harper, Howie Organizations: Bloomberg, Service, Golden State, KTLA News Locations: California, McDonald's

☆ How Chick-fil-A is so successful, selling nearly 5 times as much per restaurant as Taco Bell
▼ + stars: | 2024-04-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Chick-fil-A dominated its fast food peers with average restaurant sales of $9.3 million. By contrast, McDonald's and Taco Bell make $3.7 million and $1.9 million, respectively. AdvertisementWhen it comes to average restaurant sales, no fast food brand does better than Chick-fil-A. The chicken chain again dominated its industry peers, with average stand-alone restaurant sales of $9.3 million last year, according to company documents. That's more than twice as much as McDonalds' US locations ($3.7 million) and nearly five times what Taco Bell ($1.9 million) made last year, according to Technomic, a foodservice industry group.

Persons: —, Taco Organizations: Taco Bell, Service, McDonalds, Business

☆ McDonald's will buy all 225 restaurants from Israel franchise following pro-Palestinian boycott fallout
▼ + stars: | 2024-04-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

McDonald's signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced, following months of dramatically lower sales due to pro-Palestinian boycott action amid the Israel-Hamas war. "An agreement to sell Alonyal to McDonald's Corporation has been signed," the McDonald's statement said Thursday. "Upon completion of the transaction, McDonald's Corporation will own Alonyal Limited's restaurants and operations, and employees will be retained on equivalent terms." "We are dismayed by the disinformation and inaccurate reports regarding our position in response to the conflict in the Middle East," McDonald's Corp. said in a November statement. "McDonald's Corporation is not funding or supporting any governments involved in this conflict, and any actions from our local Developmental Licensee business partners were made independently without McDonalds' content or approval."

Persons: McDonald's, Omri Padan, Israel —, —, Chris Kempczinski Organizations: Israel, Alonyal Ltd, McDonald's Corporation, McDonald's, Consumers, Gaza, enclave's Health Ministry, World Health Organization, McDonalds Locations: Israel, East, Malaysia, Indonesia

Hedge fund managers gathered Wednesday at the 2024 Sohn Investment Conference in New York to share their best investment ideas. It kicked off with "Next Wave Sohn," a session that features ideas from rising stars within the hedge fund industry. Endocrinology is an $8 billion market, but the cumulative market size, including the company's future therapy targets, is upward of $200 billion, which includes estimates for future obesity drugs, the investor said. It has CA$75 billion market cap with an "unbelievable record of success," according to the investor. The short seller noted that the company has a $5 billion market cap with about $4.8 billion of debt.

Persons: Sohn, Eric Wolff, Wolff, Michelle Ross, Cushing, Ross, Eli Lilly, Crinetics, XBI, Nikhil Daftary, Alimentation, Daftary, Chris Drose, Nate Koppikar, Fahmi Quadir Organizations: Investment, Gumshoe Capital Management Investment, Pason Systems Energy, Pason Systems, Gumshoe Capital Management, StemPoint, Pharmaceuticals, Crinetics Pharmaceuticals, StemPoint Capital, Endocrinology, Novo Nordisk, P Biotech, NK Capital Investment, NK Capital, Starbucks, McDonalds, Bleecker Street Capital, Orso Partners, Justice Department, Federal Trade Commission, Safkhet, Global Education Locations: New York, Canada, U.S

☆ These 3 restaurant stocks are breaking out, according to the charts
▼ + stars: | 2024-03-06 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

This prompted us to investigate the group further, which revealed that various stocks are sporting constructive technical formations. Restaurant stocks charts showing strength McDonalds (MCD) has had a wild ride over the last 10 months and now sits at the same price level that it was trading at last April — eleven months ago. MCD isn't the only restaurant stock that's sporting an attractive technical pattern. On the weekly chart, Restaurant Brands International (QSR) looks very similar to MCD, having formed its own inverse-head-and-shoulders formation over the last year. While this is no indication of what could happen now to MCD, YUM and QSR, it shows how breaking through multi-year resistance can attract momentum.

Persons: that's, —, Frank Cappelleri Organizations: Brands, Texas

☆ Mark Zuckerberg is the ultimate American tourist in Japan
▼ + stars: | 2024-02-28 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg is having some fun in Japan. The Meta chief is off on his Asia tour, and plans to hit South Korea and India next. AdvertisementMark Zuckerberg is on his Asia tour and exploring Japan. A spokesperson for Zuckerberg told Bloomberg that the billionaire was in Japan for a "personal trip" and will head to South Korea on Wednesday. Representatives for Zuckerberg did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: Mark Zuckerberg, Zuckerberg, —, Relatable Zuck, Quentin Tarantino's, Akihira, Instagram, Fumio Kishida, Musk, X, Mukesh Ambani's Organizations: McDonalds, Service, Meta, Japanese, Bloomberg, Business Insider Locations: Japan, Asia, Korea, India, Tokyo, Elon, Odaiba, South Korea

☆ Moschino: Adrian Appiolaza makes his Milan debut
▼ + stars: | 2024-02-23 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +5 min

Milan CNN —Trompe ‘l’oeil suspenders, resplendent ruffles, and polka dots aplenty: the 1980s Moschino archive was out in force to mark Adrian Appiolaza’s debut as creative director at the house on Thursday evening in Milan, albeit filtered through a fresh perspective. “It was about taking Franco Moschino’s masterpieces and bringing them back to life while balancing the theatricality that he was known for,” said Appiolaza at a preview of the pieces before the show. “Today, it’s important for people to feel related to the collection.”Appiolaza said his aim with this collection was to bring Franco Moschino's masterpieces "back to life." As an avid collector and self-proclaimed archivist, Appiolaza’s instinct took him straight to the founder Franco Moschino’s back catalogue. Jacopo Raule/Getty ImagesSpliced Stetsons and double denim also continued the cowboy-core theme we've seen a lot for fall.

Persons: Milan, resplendent ruffles, Adrian Appiolaza’s, Franco, ”, Appiolaza, ” Appiolaza, Jacopo Raule, Loewe, Alexander McQueen, Miguel Andover, Phoebe Philo, Davide Renne, Jeremy Scott, Franco Moschino’s, “, Pietro D'Aprano, Smiley, –, Katy Perry, SpongeBob, Tweety Bird, Adrian Appiolaza Organizations: Milan CNN, ”, CNN, McDonalds Locations: Milan, Chloé

☆ CNBC Daily Open: U.S. jobs growth kicked off with a bang
▼ + stars: | 2024-02-05 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

A "Now Hiring" sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The benchmark S&P gained 1.07%, while the Dow Jones Industrial Average added 0.4%. [Pro] Citi's top global picksCiti highlighted its list of "high-conviction" stock picks across global markets.

Persons: Stocks, Jerome Powell, Houthi Organizations: CNBC, Dow Jones, Nasdaq, McDonalds, Ford, U.S . Central Command, NBC News, U.S . Navy, Apple, Huawei, Citi Locations: San Leandro , California, U.S, Yemen, Red, China

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ How KFC won over China
▼ + stars: | 2024-01-11 | by ( Shawn Baldwin | ) www.cnbc.com time to read: +1 min

KFC is one of the world's largest restaurant chains, with more than 29,000 locations and a new outlet opening every three and a half hours, according to Yum! But while much of the brand's early success came from the U.S., today the majority of its growth is in China. KFC China recently celebrated the opening of its 10,000th store in the city of Hangzhou, about an hour outside of Shanghai. So how did KFC overtake other fast food chains like McDonalds , Starbucks and Taco Bell in China, and can the business continue to grow? CNBC traveled to Hangzhou, China, and got an exclusive interview with the CEO of Yum China, Joey Wat, to find out.

Persons: Joey Wat Organizations: KFC, ! Brands, Starbucks, Taco Bell, CNBC, Yum Locations: U.S, China, KFC China, Hangzhou, Shanghai, Yum China

☆ McDonald's is in the midst of some big changes that show the changing tides in the world of fast food
▼ + stars: | 2023-12-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at some of the recent big changes at McDonald's, including the launch of a new restaurant concept. AdvertisementCold foam and oat milk are big business, as drink modifiers add up to roughly $1 billion in revenue for Starbucks. McDonald's app has grown over the years, with over 57 million active members, but it still leaves much to be desired. To be sure, 10 CosMc's is not even a drop in the bucket of McDonald's 40,000-plus restaurant empire.

Persons: —, I'm, Joe Ciolli, Iman Jalali, Nancy Luna, It's, McDonald's, Nancy, CosMc's, Jamie Dimon, Jerome Powell, Jose Luis Magana, Ryan Detrick, Niklas Halle'n, Rebecca Zisser, Jeff Bezos, OpenAI's Ilya Sutskever doesn't, Sam Altman's, hasn't, Elon Musk's, Ben Bergman, Adam Neumann's, Insider's Ben Bergman, Z, Donald Trump, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Starbucks, Nancy, McDonalds, McDonald's, Reserve, Banking, Housing, Urban Affairs, Capitol, Carson Group, Getty Images, San, Sutskever, Visual China, Getty, Fort, Trump Organization, Trump Organization . Golden Globe Locations: Chicago, , Illinois, Texas, Washington, AFP, San Francisco, Fort Lauderdale, New York City, San Diego, London, New York

☆ McDonald's investor day is Wednesday. Expect to hear about expansion, tech and China
▼ + stars: | 2023-12-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +5 min

The company also projected mid-single-digit sales growth in 2021 and 2022. McDonalds is a multinational fast food chain with thousands or restaurants over the world with headquarters in Chicago Illinois. It is the world's largest fast food restaurant chain famous for the burgers and fries. While the U.S. may seem saturated with McDonald's locations, executives have said that its current footprint doesn't reflect where consumers currently live, including the shift to the South and Southeast. Some McDonald's locations have also tested using artificial intelligence to take drive-thru orders.

Persons: Luke Sharrett, McDonald's, aren't, Chris Kempczinski, Nicolas Economou, remodels, Kempczinski Organizations: McDonald's Corp, Bloomberg, Getty, Wall Street, McDonalds, Nurphoto, Technology Locations: Louisville , Kentucky, U.S, New York City, USA, Chicago Illinois, Manhattan , New York, Texas, Canada, Germany, Australia, France, China

☆ Walmart and Target are looking increasingly similar these days
▼ + stars: | 2023-12-04 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Walmart and Target appear to be borrowing pages from each other's playbook. Some specific features seemingly borrowed from Target include the new "Dollar Shop" and "Grab & Go" sections near the front entrance. AdvertisementFresh produce sections at Walmart (left) and Target (right). For starters, Walmart is still much bigger than Target, and a supercenter is typically about 50% larger than a Target store. But the company says it is finding success in its effort to attract higher-income shoppers, while Target continues to emphasize affordability in its offerings.

Persons: —, Burger King, Dominick Reuter, Christina Henninton's, Wrangler Organizations: Walmart, Service, Pepsi, McDonalds, Ford, Target, Business, Brands, Reebok, Apple Locations: Burger

When there’s a global crisis, wealthy countries tend to find money. That was the case in the United States when big banks were bailed out to soften a global financial crisis. But the climate crisis? This weekend, Vice President Kamala Harris visited the United Nations climate summit in Dubai, in the United Arab Emirates, and promised $3 billion for the Green Climate Fund, which benefits poorer nations. One of the big tests facing this summit, known as COP28, is whether it will fare any better than earlier climate talks at shoring up anything close to the money that’s needed.

Persons: Kamala Harris, John Kerry, Biden’s Organizations: United Arab, Green Climate Fund, Biden, Walmart, Pepsi, McDonalds Locations: United States, Ukraine, United Nations, Dubai, United Arab Emirates

A five-year-old girl was receiving emergency treatment after sustaining serious injuries in the stabbing. A man in his late 40s, also being treated for serious injuries, was arrested by police who said they are not looking for any other suspect. [1/9]A police vehicle burns during a demonstration following a suspected stabbing that left few children injured in Dublin, Ireland, November 23, 2023. A woman in her 30s was also being treated for serious injuries while the two other children, a five-year-old boy and six-year-old girl, suffered less serious injuries. SOW DIVISIONThe scene was still sealed off shortly before 1800 GMT when a group of around 50 anti-immigrant protesters briefly broke through a police barrier.

Persons: Daniel O'Connell, Drew Harris, Harris, I'm, Clodagh, Anthony Boyle, Helen McEntee, Conor Humphries, Padraic Halpin, William James, Alexandra Hudson, Kirsten Donovan, David Evans, Daniel Wallis Organizations: Riot, Police, REUTERS, Rights Police, Reuters, Gardai, Thomson Locations: DUBLIN, Dublin, O'Connell, Holiday, Ireland

☆ Crocs unveils McDonalds-inspired footwear line
▼ + stars: | 2023-11-14 | by ( Paul Glader | Sergio Padilla | ) edition.cnn.com time to read: +2 min

McDonald’s confirmed Monday that it is collaborating with Crocs for one of its rare ventures into the footwear industry. The collaboration features shoes, socks and “Jibbitz” (the little charms that go inside the holes of Crocs) of McDonald’s advertising characters, as well as its red and yellow branding. Though not a partnership, Crocs also made shoes for the Wild West, with Croc cowboy boots on sale for $120. Video Ad Feedback McDonald's goes viral with "Grimace" shake 00:38 - Source: CNNFrom Crocs’ point of view, Saunders said that collaborations and quirky partnerships keep the Crocs brand in mind for consumers. McDonald’s early CEO, the late Raymond “Ray” Kroc, is of no known relation to the Crocs shoe brand.

Persons: McDonald’s, Crocs, Jibbitz ”, Lightning McQueen, “, ”, Neil Saunders, Saunders, Raymond “ Ray ” Kroc Organizations: New, New York CNN, Wild, CNN Locations: New York, Crocs

Some leading Republicans, including former President Donald Trump, opposed the law or now want to cut money for infrastructure services. Political Cartoons View All 1237 ImagesThere are almost 450 port and waterway projects and 190 to improve airport terminals. Trump, the front-runner for the Republican presidential nomination, has disparaged the infrastructure package and Republicans lawmakers who backed it. Biden has joked about Trump holding “infrastructure week” events during his presidency but never managing to sign an infrastructure law. Landrieu said projects already underway have helped spur about $615 billion in private sector manufacturing and clean energy investments nationwide.

Persons: —, Biden, Joe Biden, Mitch Landrieu, Donald Trump, Landrieu, Andy Beshear, Jeff Zients, ” Biden, I’m, Ron DeSantis, he'd, ” Organizations: WASHINGTON, Boston's Logan International, Democratic Gov, Republican, Trump, Amtrak, Florida Gov, Republicans, New Locations: Montgomery, Cincinnati, Baltimore, New York City, Washington, United States, Florida, New Orleans, Alaska

☆ Restaurant Brands revenue disappoints Wall Street as Burger King same-store sales miss estimates
▼ + stars: | 2023-11-03 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Burger King said it demanded the main operator of its franchises suspend restaurant operations in Russia, but that "they have refused." Restaurant Brands International on Friday reported weaker-than-expected quarterly revenue, hurt by Burger King's disappointing same-store sales growth. Restaurant Brands said that unfavorable currency exchange rates hurt Tim Hortons, which accounts for roughly 60% of the company's revenue. Tim Hortons' same-store sales growth of 6.8% met Wall Street's expectations. Popeyes was Restaurant Brands' only chain to outperform expectations for same-store sales growth.

Persons: Burger, Papa John's, Burger King, Tim Hortons, Josh Kobza, that's, Popeyes Organizations: McDonalds, Brands, LSEG, Restaurant Brands, U.S, U.S . Burger King's, Restaurant, CNBC, KFC Locations: Russia, U.S ., U.S . Burger King's U.S, Canada, China, U.S

Do policymakers look back to last week’s report that the nation’s economy grew at a 4.9% rate in September, beating expectations? Or this week’s report on job growth for October due out on Friday after the Fed meeting on Tuesday and Wednesday? On Wednesday, the jobs data onslaught begins with private payroll firm ADP reporting its monthly employment survey for October. Political Cartoons on the Economy View All 602 ImagesWednesday also has the Fed announcing its decision on interest rates. These include adjustments to the Fed’s new regime of higher interest rates for a longer period and the government’s fiscal situation that requires a greater level of debt issuance.

Persons: Jerome Powell, ” Sam Bullard, Wells, ” Bullard, ” Chris Diaz, ”, Louisiana Republican Mike Johnson, Johnson Organizations: Conference Board, Fed, Treasury, Federal, Brown Advisory, Labor Department, McDonalds, Apple, Dow Industrial, Louisiana Republican Locations: Louisiana

☆ We moved from California to Texas and lived in an RV for 5 months before we bought a home. We love it now, but it's not for everyone.
▼ + stars: | 2023-10-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Alyson and Josh McDonald moved their family from Eastvale, California, to Magnolia, Texas, last year. Then Josh went back to school and we ended up in California in 2011 because of the golf industry. Alyson and Josh McDonald said they feel more comfortable being openly conservative in Texas. There are definitely a lot of Californians here in Texas and even a lot of people from other states too. AdvertisementAdvertisementAlyson and Josh McDonald said their kids are thriving in Texas.

Persons: Alyson, Josh McDonald, —, Alyson McDonald, We're, We've, Josh, we're, Texas Josh, McDonald, COVID, Nobody, Alyson McDonald It's Organizations: McDonalds, Service, Albertsons Locations: Eastvale , California, Magnolia , Texas, Texas, Houston, Hudson, Idaho, Chandler , Arizona, California, Eastvale, Arizona , Wyoming , Kansas City , Texas , Utah, New York, Texas . Texas

Search resuls for: "McDonalds"

25 mentions found