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Top related persons:
” - 3 — CNN’s Jordan Valinsky - 3 “ We’re - 2 “ - 2 Chipotle’s - 1 ” Laurie Schalow - 1 Chipotle - 1 Brian Niccol - 1
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Search resuls for: "— CNN’s Jordan Valinsky"


7 mentions found


☆ Chipotle is raising prices again
  + stars: | 2023-10-11 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +2 min
Chipotle has been raising its prices over the past few years, citing higher costs. In June of 2021, Chipotle said it was raising prices about 3.5% to 4%. So far at Chipotle, the increased prices haven’t scared people off — clearing the way for more expensive burritos. Even companies that have seen customers pull back due to the higher prices reported higher sales, because those higher prices offset volume declines. The snack and beverage company said it increased prices globally by 11% on average, helping nudge revenue higher than analysts’ expectations.
Persons: Chipotle’s, ” Laurie Schalow, Chipotle, “ We’re, ”, Brian Niccol, “ We’ve, ” Niccol, — CNN’s Jordan Valinsky Organizations: New, New York CNN, CNN, PepsiCo, Bureau of Labor Statistics Locations: New York, Chipotle
☆ Farmers Insurance to lay off 2,400 workers across its entire business
  + stars: | 2023-08-29 | by ( Michael Nam | ) edition.cnn.com   time to read: +1 min
New York CNN —California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth. The jobs being cut are from across all areas of the company, according to a statement on its website. Last month, Farmers announced it would stop offering its policies in Florida, saying in a statement that the decision was necessary to manage its risk exposure in the hurricane-prone state. Farmers has also limited new homeowners insurance policies in California because of high costs and wildfire risks. The layoffs come after T-Mobile and CVS also announced thousands of job cuts this month, though the US labor market remains strong overall.
Persons: “, ”, Raul Vargas, — CNN’s Jordan Valinsky Organizations: New, New York CNN —, Farmers Insurance, Farmers, Farmers Group, Inc, Farm, Allstate, Mobile, CVS Locations: New York, New York CNN — California, Florida, California
☆ Starbucks promises ‘clearer’ guidelines after Pride Month decor clash with union
  + stars: | 2023-06-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +6 min
New York CNN —Starbucks will clarify its policy on Pride decorations following criticism and strikes at unionized stores. Earlier this month, Starbucks Workers United, the union representing organized stores, claimed that Starbucks has restricted decorations celebrating Pride Month in locations in multiple states. Starbucks workers attend a rally outside the Starbucks Reserve Roastery in Seattle, Washington, on June 23, 2023. Starbucks workers outside of the Starbucks Reserve Roastery. Matt Mills McKnight/ReutersThere are roughly 9,300 company-operated US Starbucks stores in the United States, so unionized locations are relatively few, at this point.
Persons: ” Sara Trilling, ” Trilling, Matt Mills McKnight, ”, “ We’re, Michael Rosas, “, Starbucks, Rosas, — CNN’s Jordan Valinsky Organizations: New, New York CNN, Starbucks, Starbucks Workers United, Reuters, National Labor Relations Board, CNN, Pride, Twitter, Starbucks Workers, NLRB Locations: New York, Starbucks North America, Seattle , Washington, United States, Buffalo , New York, Buffalo
☆ Anheuser-Busch loses top LGBTQ+ rating over its Bud Light response
  + stars: | 2023-05-19 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +6 min
New York CNN —Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. Bud Light sales dropped in the ensuing weeks. Bud Light has been embroiled in controversy since April. But Bud Light hasn’t gotten the benefit of support for its initial deal with Mulvaney because of its subsequent reaction. During the discussion, he mentioned that Bud Light is just one brand within the company’s broad portfolio, which has not changed its full-year outlook.
☆ Bud Light wanted to market to all. Now, it's alienating everyone
  + stars: | 2023-05-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +10 min
New York CNN —For years, Bud Light leaned on jokey ad campaigns and its designation as a light beer to push sales. Now, Bud Light finds itself seeking younger drinkers, and stumbling through America’s polarized landscape in the process. There have been calls for a Bud Light boycott. And the stock of Bud Light owner Anheuser-Busch (BUD) has fallen only about 3% in the last month, suggesting Wall Street isn’t too worried. Bud Light, he thinks, could be missing out on that type of support.
☆ Oreo's newest cookie is stuffed with Oreos
  + stars: | 2023-01-24 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +2 min
New York CNN —In the past, Oreo has partnered with Lady Gaga, Pokémon and Ritz on new limited-time flavors. The cookie brand’s latest limited-edition cookie is an Oreo stuffed with Oreos. Dubbed “the Most OREO OREO,” the cookie is made with the usual chocolate wafers, filled (to the “Most Stuf” extreme) with a creme that has Oreo bits mixed in, for a meta cookies-n-creme experience. Martha Stewart with the Most Oreo Oreo. On Monday, Stewart and McCallister will share their Oreoverse experiences on Oreo’s social media channels.
☆ SEC fines McDonald's ex-CEO Easterbrook $400,000 for allegedly misleading investors about his firing
  + stars: | 2023-01-09 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +3 min
New York CNN —Disgraced former McDonald’s CEO Steve Easterbrook will pay $400,000 to settle charges that he allegedly misled investors about the circumstances of his 2019 firing following a relationship with an employee. McDonald’s later filed a lawsuit against Easterbrook that ended with the ex-CEO paying back his $105 million severance payment, but the SEC charged both the executive and the company for making such a deal in the first place. In addition to the $400,000 civil penalty, Easterbrook is also banned from serving as a director or officer at any company that reports to the SEC. In August 2020, McDonald’s filed a lawsuit claiming Easterbrook lied to the board about the extent of his relationships with employees. Steve Easterbrook, former CEO of McDonald's Corp. Brendan McDermid/ReutersMcDonald’s settled the lawsuit with Easterbrook in 2021, forcing him to repay his severance package of $105 million.
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