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☆ People in California will soon be paying more for Chipotle, McDonald's, and other fast-food
▼ + stars: | 2024-02-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

To compensate for the extra cost of labor, restaurants like McDonald's, Chipotle, and Jack In the Box plan to raise menu prices at their California stores. AdvertisementIn an October earnings call, McDonald's CEO Chris Kempczinski said that menu prices would increase in California, but didn't say which items or by how much. Kempczinski said in the call that the company would be using the wage increase as an opportunity to gain on its competitors. This will be the fifth time the company has raised menu prices in the last two years. Pizza Hut cut its in-house delivery program, eliminating 1,200 delivery workers to prepare for the pay increase.

Persons: —, Jack, Chris Kempczinski, Kempczinski, McDonald's, Chipotle, Jeff Hanscom, Hanscom Organizations: Service, National Owners Association, Street Journal, Wall, International Franchise Association Locations: California, Chipotle

☆ Cramer says the 'bifurcated consumer' is making this market hard to understand
▼ + stars: | 2024-02-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday told investors why it's hard to generalize about consumer behavior, saying that as inflation continues, there's a stark divide between cash-strapped consumers and ones that are flush. "High rates may not be helping, but they aren't hurting yet either, right now at least," he said. "In the meantime, we've got a bifurcated consumer in this country, and until you understand that, nothing in this market will make sense at all, let alone the inequality that comes with it." Cramer took McDonald's mixed earnings report as an example of the consumer divide. The fast-food giant's CEO Chris Kempczinski discussed how the low-income consumer cohort is a "battle ground" as many trade down to deal with higher costs.

Persons: CNBC's Jim Cramer, we've, Cramer, Chris Kempczinski, Taylor Organizations: Federal, Apple Vision, Costco, Walmart Locations: United States

Customers in the Middle East were angered after McDonald’s Israel – which is operated by a local franchisee -- announced in October it was providing free meals to Israeli soldiers. Last month, McDonald’s President and CEO Chris Kempczinski warned that “misinformation” in the Middle East and elsewhere was hurting sales. Photos You Should See View All 45 ImagesIt was an unexpected end to an otherwise strong year for the burger giant, which said global sale-store sales rose 9% in 2023. Starbucks said last week that it faced boycotts in the Middle East and elsewhere because of its perceived support for Israel. McDonald’s revenue rose 8% to $6.4 billion in the fourth quarter, meeting analystexpectations.

Persons: McDonald’s Israel, Chris Kempczinski, McDonald’s, ” Kempczinski Organizations: FactSet, Starbucks, Israel, McDonald’s Corp Locations: Gaza, McDonald’s Oman

☆ McDonald’s says Middle East turmoil is hurting its business
▼ + stars: | 2024-02-05 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —McDonald’s said growing tensions in the Middle East have hurt its business. The Middle East doesn’t make up a huge part of its overall business. McDonald’s noted that it provided an insignificant amount of financial assistance for franchisees impacted by the war in the Middle East. That was far worse than the more-than 4% growth in the United States and other international businesses. Many McDonald’s operators in the region quickly distanced themselves from the Israeli operator’s actions.

Persons: New York CNN — McDonald’s, McDonald’s, McDonald’s Israel, Chris Kempczinski, ” Organizations: New, New York CNN, East, Hamas, Starbucks Locations: New York, East, United States, Israel, Kuwait, Pakistan

☆ The world is turning on American fast food, from McDonald's to Starbucks, amid Middle East unrest
▼ + stars: | 2024-02-05 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The most pronounced impact that we're seeing is in the Middle East and in Muslim countries like Indonesia and Malaysia," CEO Chris Kempczinski said on McDonald's earnings call on Monday. Sales in countries with significant Muslim minority populations, such as France, were also affected by the boycotts, Kempczinski said. McDonald's said it gave the Israel Defense Forces "tens of thousands" of free meals in the days after the conflict began. Advertisement"We do not expect to see meaningful improvement until there is a resolution in the Middle East," McDonald's CFO Ian Borden said during the call.

Persons: —, Chris Kempczinski, Kempczinski, McDonald's, Israel —, Domino's, Ian Borden Organizations: Service, McDonald's, Reuters, Business, Israel, Starbucks, Israel Defense Forces Locations: Gaza, Indonesia, Malaysia, France, Israel

☆ McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
▼ + stars: | 2024-02-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

McDonald's and Starbucks , two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of McDonald's fell 4% in morning trading Monday, several hours after it reported that a sales slowdown in the Middle East contributed to its fourth-quarter revenue miss. Starbucks CEO Laxman Narasimhan said Tuesday that the company's sales in the Middle East struggled, but boycotts also hurt its U.S. cafes. Unlike Starbucks, McDonald's did not note any effect on its U.S. sales. Yum Brands is scheduled to report its quarterly results on Wednesday, while Restaurant Brands is slated to share its earnings on Feb. 13.

Persons: Laxman Narasimhan, McDonald's, Cowen, Andrew Charles, Chris Kempczinski, Kempczinski, Papa John's, Burger Organizations: U.S, Starbucks, Starbucks Workers, Workers United, McDonald's, Yum Brands, Restaurant Brands, CNBC PRO Locations: Tel Aviv, Israel, Gaza, Malaysia, Indonesia, France, Europe

☆ Should a company rate its staff? A former Amazon exec says 'stack ranking' is useful when done right
▼ + stars: | 2023-12-05 | by ( Lucy Handley | ) www.cnbc.com time to read: +6 min

What is 'stack ranking?' "Stack ranking" is an employee rating system popularized by executive Jack Welch in the 1980s during his time as CEO of GE. Does stack ranking work? And in many cases, having a stack ranking system is actually helpful, because there's an objective, collaborative process to evaluating employees," he said. Why is stack ranking controversial?

Persons: —, Alykhan Sunderji, Sunder, Jack Welch, Sunderji, Banks, Goldman Sachs, McDonald's, Chris Kempczinski Organizations: Amazon, CNBC, GE, Amazon Pay, Google, Microsoft, Origin, New York Times

☆ 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

☆ Fast food isn't cheap anymore
▼ + stars: | 2023-11-27 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

McDonald's menu prices are up about 10% this year. AdvertisementInflation may be slowing, but when it comes to skyrocketing fast-food prices, the damage is done — and there's no turning back. The Bureau of Labor Statistics reported that fast-food prices in October jumped 6.2% over the past 12 months. Nancy Luna/Business InsiderMore price hikes are on the horizonChipotle recently raised menu prices by 3% in October. Some are fuming over skyrocketing fast-food prices and expressing their concern on social-media platforms such as TikTok and Reddit .

Persons: That's, Chipotle, —, Tim Powell, Mark Kalinowski, Nancy Luna, McDonald's, Kalinowski, Chris Kempczinski, @xconmedia, Ian Borden, Borden Organizations: Service, Starbucks, Labor Statistics Locations: QSRs, California, Orange , California, Connecticut

☆ We just got a first look at McDonald's secretive new spinoff restaurant CosMc's
▼ + stars: | 2023-11-27 | by ( Gloria Dawson | ) www.businessinsider.com time to read: +2 min

McDonald's has been reluctant to share many details about its planned new restaurant concept CosMc's. AdvertisementWe know just a bit more about CosMc's, McDonald's super-secret new restaurant concept based on an obscure McDonaldland character from the late '80s. Scott FredricksonA Google Maps search indicates the building is a former Boston Market restaurant that is indeed next door to a McDonald's. CosMc's on Google Maps Google MapsScott Fredrickson posted a few photos of the building's exterior on Facebook. The building appears to have a blue exterior and the CosMc's sign logo has a retro feel.

Persons: McDonald's, —, Chris Kempczinski, TikToker Snackloator, Snackloator, Scott Fredrickson, CosMc's Organizations: Service, Google, Boston Market, Facebook Locations: Bolingbrook , Illinois, CosMc's, Boston

The deal to acquire investment firm Carlyle's (CG.O) 28% holding in the burger chain's China business, which also includes its stores in Hong Kong and Macau, will see McDonald's stake rise to 48%. Since 2017, the number of McDonald's stores in China has doubled to 5,500 and the country has become its second-largest market. McDonald's made an unsolicited offer for Carlyle's stake in the China operations in recent weeks and the deal was struck quickly, said the sources. Reuters reported in August that Trustar Capital was planning to raise a continuation fund that would allow the Chinese private equity firm to sell down its stake in McDonald's China. In contrast to McDonald's, U.S. meat and processed food maker Tyson Foods (TSN.N) plans to sell its China poultry business, sources have said.

Persons: Benoit Tessier, Chris Kempczinski, McDonald's, Carlyle, Trustar, Jim Sanderson, Reckitt, Kane Wu, Granth, Deborah Sophia, Roxanne Liu, Edwina Gibbs Organizations: REUTERS, HK, CITIC, Trustar, Northcoast Research, Reuters, Tyson Foods, Primavera Capital, Thomson Locations: Bretigny, Paris, France, China, Hong Kong, Macau, CITIC, U.S, McDonald's China, British, Bengaluru, Beijing

☆ McDonald’s is investing more in China to tap ‘tremendous opportunity’
▼ + stars: | 2023-11-21 | by ( ) edition.cnn.com time to read: +2 min

McDonald’s has struck a deal to ramp up its stake in its China business to just under 50% and expressed confidence in its growth prospects in the world’s second-largest economy. The deal to acquire investment firm Carlyle’s 28% holding in the burger chain’s China business, which also includes stores in Hong Kong and Macau, will see McDonald’s stake rise to 48%. Since 2017, the number of McDonald’s stores in China has doubled to 5,500 and the country has become its second-largest market. In contrast to McDonald’s, US meat and processed food maker Tyson Foods plans to sell its China poultry business, sources have said. British consumer goods maker Reckitt Benckiser in 2021 sold its China infant formula and child nutrition business to investment firm Primavera Capital.

Persons: McDonald’s, “, ”, Chris Kempczinski, Carlyle, Trustar, Jim Sanderson, Benckiser Organizations: Northcoast Research, Tyson Foods, Primavera Capital Locations: China, Hong Kong, Macau, CITIC, British

☆ McDonald's increases its minority stake in China business
▼ + stars: | 2023-11-20 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Customers wait for their takeout food outside a McDonald's restaurant during the May Day holiday on May 1, 2022 in Beijing, China. McDonald's is buying Carlyle's stake in its China business, increasing its minority share from 20% to 48% ownership. The fast-food giant sold off control of its restaurants in mainland China, Hong Kong and Macau in 2017 for $2.1 billion. At that time, Citic, a state-owned investment firm, took the majority stake, while private equity giant Carlyle bought a 28% stake. Citic still retains its 52% stake in the business.

Persons: Carlyle, McDonald's, Citic, Chris Kempczinski Locations: Beijing, China, Hong Kong, Macau

The McDonald's company logo stands on a sign outside a restaurant in Bretigny-sur-Orge, near Paris, France, July 30, 2020. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsNov 20 (Reuters) - McDonald's (MCD.N) said on Monday it would acquire investment firm Carlyle's (CG.O) 28% stake in a partnership that manages its business in mainland China, Hong Kong and Macau, as the burger chain looks to simplify its structure in the region. Reuters reported in April that Carlyle was discussing various options with financial advisers for its stake in McDonald's China, including setting up a continuation fund for the asset. There was "no better time to simplify our structure" given the benefits of China's long-term potential, McDonald's CEO Chris Kempczinski said. Reuters reported in August that Trustar Capital, formerly known as CITIC Capital, was also planning to raise a continuation fund that would allow the Chinese private equity firm to sell down its stake in McDonald's China.

Persons: Benoit Tessier, Carlyle, Chris Kempczinski, Jim Sanderson, Granth, Deborah Sophia, Anil D'Silva, Shounak Dasgupta, Shweta Agarwal Organizations: REUTERS, CITIC, HK, Reuters, CITIC Ltd, Northcoast, Thomson Locations: Bretigny, Paris, France, China, Hong Kong, Macau, McDonald's China, Bengaluru

☆ Astra founders offer to take company private at value of about $30 million
▼ + stars: | 2023-11-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

The founders of struggling space company Astra have offered to take the company private at a value of about $30 million, according to a securities filing Thursday. That price is a 103% premium to Wednesday's closing price of 74 cents a share, which represents a market value of about $16 million. "We believe that Astra's strategic objectives and business prospects will be best served as a private company. Kemp and London are also "open to certain accredited investor stockholders of the Company rolling their equity into the transaction." The company is running out of cash, with its acquired spacecraft propulsion business yet to drive meaningful quarterly revenue.

Persons: Chris Kemp, Adam London, " Kemp, Kemp Organizations: Astra, San, Company, London, CNBC PRO Locations: San Francisco Bay, Alameda , California, London

☆ Consumers are still spending, but they're under pressure. These stocks still have room to run
▼ + stars: | 2023-11-06 | by ( Pia Singh | ) www.cnbc.com time to read: +12 min

Persistent inflationary pressures have led to depressed levels of consumer spending all year, according to Bank of America. Consumers are still spending — in fact, they're spending more than they are earning — as employment levels and hourly wage growth remain fairly strong . Some analysts see an opportunity to pick up shares of battered-down retail stocks. According to Barclay's Yih, spending levels "almost have to be worse" next year. LPL's Roach similarly expects consumers spending to hit a roadblock in the coming months.

Persons: bode, Neuberger Berman, Steve Eisman, Jeffrey Roach, Adrienne Yih, Yih, Randy Hare, Ross, Polly Wong, Belardi Wong, James Lewis, Huntington's Hare, Bartlett, Chris Kempczinski, Lewis, …, it's, Anthony Chukumba, Chukumba, Wells, Ike Boruchow, Kathleen Entwistle, Entwistle, LPL's Roach, Morgan Stanley's Entwistle, Barclay's Yih, Roach Organizations: Bank of America, CNBC, Consumers, Barclays, Ross, Huntington National Bank, Bartlett Wealth Management, Walmart, Retailers, Republic, Urban Outfitters, Eagle Outfitters, National, Capital, National Vision, Nike, Ross Stores, Morgan Stanley Private Wealth Management, Investments, Citizens JMP Securities, Delta Air Lines, Deutsche Bank Locations: U.S, Wells Fargo

☆ Taco Bell is gaining ground as people look to save on food
▼ + stars: | 2023-11-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

Taco Bell hasn't been hurt by customers trading down. Bing Guan/Bloomberg/Getty ImagesAt Taco Bell, customers can buy a combo meal, including a fountain drink, burrito, taco and cinnamon twists for dessert, for about $5. Taco Bell’s website shows a cheesy bean and rice burrito; spicy potato soft taco; and cheesy roll-up available for $1 each. And in the third quarter, customers didn’t only go for the cheapest items, helping keep the Taco Bell’s margins high. Taco Bell is also benefiting from people searching for less expensive food options, Gibbs said.

Persons: it’s, Taco Bell, ”, David Gibbs, Bing Guan, Gibbs, Michael Skipworth, Ian Borden, “ We’ve, Chris Kempczinski, ” Kempczinski, Denny’s, Robert Verostek Organizations: New, New York CNN, Taco Bell, Yum Brands, KFC, Taco Bell’s, Bloomberg, Getty, Bell, Bell’s, Taco Locations: New York, Bell’s, McDonald’s

☆ McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
▼ + stars: | 2023-10-30 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

McDonald's and Chipotle Mexican Grill will raise their menu prices in California next year to offset the state's minimum wage increase for fast-food workers, executives said as both chains announced quarterly earnings in recent days. McDonald's has not decided how much it will hike prices in California as workers' wages rise to $20 an hour, CEO Chris Kempczinski said Monday. Restaurants have been hiking menu prices for more than two years in response to rising ingredient and labor costs. Unlike Chipotle, which owns the overwhelming majority of its locations, most of McDonald's California locations are run by franchisees. "We believe we're in a better position than our competitors to weather this, so let's use this as an opportunity to actually accelerate our growth in California," Kempczinski said.

Persons: McDonald's, Chris Kempczinski, Chipotle, Jack Hartung, Hartung, Kempczinski Organizations: U.S . Bureau of Labor Statistics, McDonald's, National Owners Association, U.S, CNBC Locations: California, McDonald's, McDonald's California, McDonald's U.S

☆ Subway's CEO eats at the chain 3 times a week. His favorite sandwich is the Turkey Cali Club.
▼ + stars: | 2023-10-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Subway CEO John Chidsey told the WSJ he eats at the chain three times a week. His favourite sandwiches are the Turkey Cali Club and its controversial tuna sub. John Chidsey, who's served as CEO of the sandwich chain since 2019, eats there about three times a week, he told The Wall Street Journal. Chidsey told The Journal that his favorite sandwich on Subway's menu is the Turkey Cali Club, which is made with turkey, bacon, mozzarella, smashed avocado, and salad and released as part of its menu overhaul. He told CNN in 2021 that his other favorite sub from the chain was its controversial tuna sandwich.

Persons: John Chidsey, —, who's, Chidsey, Fries, Chris Kempczinski, Andrew Puzder, Carl's Jr, Greg Brenneman Organizations: Turkey Cali Club, Service, Wall Street, CNN, Burger King Locations: Turkey, Miami

☆ McDonald's raises royalty rates for some franchise operators
▼ + stars: | 2023-09-22 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

New York CNN —For the first time in about 30 years, McDonald’s is increasing its royalty fee for new franchise operators in the US and Canada. Franchises are a key part of McDonald’s business, with roughly 95% of all McDonald’s locations operated by franchise operators. Operators pay a royalty rate to use McDonald’s brand and for access to its expertise. In 2018, McDonald’s franchise operators formed their first-ever advocacy group, the National Owners Association. And while other chains struggle to bring more customers into restaurant locations, McDonald’s is reporting growth in US traffic.

Persons: ”, Justin Sullivan, Joe Erlinger, We’re, Chris Kempczinski, Ian Borden Organizations: New, New York CNN, Getty Images Company, CNN, National Owners Association Locations: New York, Canada

☆ McDonald’s is getting rid of self-serve soda machines
▼ + stars: | 2023-09-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —McDonald’s is getting rid of one its biggest perks. The fast food chain is eliminating its self-serve soda machines by 2032 at its US restaurants, the company said, explaining that the change is will make the experience consistent for customers and crew across the chain. For decades, McDonald’s let customers fill (and refill) their own drinks at its dining rooms. McDonald’s future includes restaurant designs with smaller or no dining rooms (and high-tech drive thrus) to reflect that new reality. The chain also recently teased another major change, called “CosMc’s,” a new small-format location that includes a reduced dining area.

Persons: New York CNN — McDonald’s, Uber, Chris Kempczinski, hasn’t, Taco Organizations: New, New York CNN, ”, Taco Bell, Starbucks Locations: New York

Jenkins denied a motion by McDonald's and Kempczinski to dismiss Peaster's race discrimination and retaliation claims. The judge did dismiss claims that McDonald's had created a hostile work environment and intentionally caused Peaster emotional distress. Carmen Caruso, a lawyer for Peaster, said he looks forward to bringing the surviving claims to trial. At a 2021 meeting at McDonald's corporate headquarters, Peaster, the company's vice president of global safety, security, and intelligence, said Kempczinski's response to the incident had been insufficient. Peaster claims that following the meeting, Kempczinski and other executives retaliated against him by refusing to meet with him and making it impossible for him to do his job.

Persons: Chris Kempczinski, District Judge Linsday Jenkins, Michael Peaster, Peaster, Jenkins, Kempczinski, McDonald's, Carmen Caruso, Lori Lightfoot, Daniel Wiessner, Alexia Garamfalvi, Bill Berkrot Organizations: McDonald's, McDonald's Corp, District, Chicago, Peaster, Thomson Locations: Chicago, U.S, Albany , New York

☆ 3 trends are dividing restaurant companies into winners and losers
▼ + stars: | 2023-08-18 | by ( Amelia Lucas | ) www.cnbc.com time to read: +5 min

In this article CMGMCDWENPZZA Follow your favorite stocks CREATE FREE ACCOUNTA McDonald's restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBCRestaurant companies navigating some of the same challenges in the second quarter fell into two categories: winners and losers. While most restaurant companies crushed earnings expectations, a number of them fell short of Wall Street's estimates for their quarterly revenue. McDonald's and Wingstop both reported second-quarter earnings, revenue and same-store sales growth that topped analysts' expectations, a rarity this quarter for restaurant companies. One fast-casual chain has struggled with consumers' value perception.

Persons: Adam Jeffery, hasn't, Papa John's, TD Cowen, Andrew Charles, Burger, Wendy's, Jeffrey Bernstein, bode, Chris Kempczinski, Todd Penegor, Wingstop, Michael Skipworth, Chipotle, Jack Hartung, Noodles Organizations: CNBC Restaurant, Promotions, Investors, CNBC, Restaurant Brands, Barclays, Company Locations: NYC, Chipotle, Texas

☆ Focus: US space startups' latest struggles marked by layoffs, shake-ups
▼ + stars: | 2023-08-15 | by ( Joey Roulette | ) www.reuters.com time to read: +4 min

REUTERS/Mike Blake/File PhotoWASHINGTON, Aug 15 (Reuters) - U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty aspirations. Those struggles follow the April bankruptcy filing by satellite launch firm Virgin Orbit, which was owned by billionaire Richard Branson. "The focus for investors in this space is very different than what it was a couple years ago. The financial headwinds faced by rocket startups have triggered pain elsewhere as well. It shifted much of its focus to government defense programs as its commercial customers face tight capital markets, CEO Laurienti said.

Persons: Mike Blake, Jeff Bezos, Richard Branson, Joe Laurienti, Caleb Henry, Chris Kemp, Will Marshall, Quilty's Henry, Laurienti, Joey Roulette, Ben Klayman, Matthew Lewis Organizations: REUTERS, Elon, SpaceX, Astra, Labs, Ursa, Reuters, Planet Labs, Thomson Locations: Long Beach , California, U.S, Denver, Washington

☆ Three ways Covid changed the restaurant industry
▼ + stars: | 2023-08-13 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +7 min

Now, over three years later, the restaurant industry is back. In the early days of the pandemic, people got used to eating their restaurant food at home. Too many jobs, too few workersEarly in the pandemic, many restaurant workers got laid off. Now, over three years since the pandemic hit the US, some restaurant jobs remain unfilled. But many of these have at the same time vehemently opposed proposed legislation that could raise the minimum wage for fast food workers.

Persons: Anderson Cooper, Bobby Flay, Esther Choi’s, we’re, ” Choi, Mŏkbar, ”, Choi, Esther Choi, Masaharu Morimoto, Roy Rochlin, Joe Pawlak, Carbone, Covid, Chris Kempczinski, Taco, Spencer Platt, “, Uber, Doordash, Bonnie Morales, Leah Nash, Israel Morales, Flay, ” Donna, ” Pawlak Organizations: CNN, New, New York CNN, National Arts Club, Getty, National Restaurant Association, Washington Post, Bonnie Locations: New York, Manhattan, New York City, Israel, Kachka, Portland , Oregon, Portland

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