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☆ Trump cooks fries at McDonald's as he attempts to cast doubt on Harris' earlier employment at the chain
▼ + stars: | 2024-10-20 | by ( John L. Dorman | Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Donald Trump visited a McDonald's in a key Pennsylvania county on Sunday. Kamala Harris said she once worked at a McDonald's, which is a key part of her biography. For weeks, Trump has attempted to sow doubt — without providing evidence — that Vice President Kamala Harris ever worked at McDonald's, which has become a key part of her biography. Trump senior advisor Jason Miller also cast doubt on Harris' McDonald's employment on Saturday, telling reporters that Trump was going to the restaurant "so that one candidate in this race could have actually worked at McDonald's." Related stories"When Trump feels desperate, all he knows how to do is lie," Harris campaign spokesman Ian Sams told The New York Times.

Persons: Donald Trump, Kamala Harris, Trump, Harris, —, Jason Miller, Trump needled Harris, Kamala, Ian Sams, Joe Biden, Biden, Trump's, Derek Giacomantonio, McDonald's —, Mac Organizations: Service, Philadelphia International Airport, Howard University, San Francisco Bay Area, Trump, New York Times, Democratic, Business, Clemson University, White Locations: Pennsylvania, McDonald's, Feasterville, Trevose , Pennsylvania, Alameda , California, San Francisco Bay, Detroit, Chicago, Burger

☆ I drove 3 hours at the crack of dawn on a workday to see Charli XCX for the third time in 4 months. It was worth it.
▼ + stars: | 2024-10-18 | by ( Zoe Woolrich | ) www.businessinsider.com time to read: +9 min

I've been a Charli XCX superfan for years and saw her when I was 14. I even signed into work from an outdoor art museum in upstate New York to see her last-minute Storm King set. AdvertisementIn 2017, Charli XCX opened for Halsey on her Hopeless Fountain Kingdom tour. But the Storm King show was my best experience yet, and well worth missing some work. A view of the crowd at Charli XCX's Storm King set.

Persons: I've, superfan, —, Charli XCX, Halsey, Charli, Iggy Azalea's, hadn't, King, Zoe Woolrich, tomorrow's, who'd, Julia Fox, Lorde, Troye Sivan's, Wells, Sivan, Storm King, Henry Redcliffe Charli XCX's, who's, I'm Organizations: Service, Storm King Art Center, Brooklyn Paramount, Wells, Arena, Madison, Storm, Storm King Locations: New York, Brooklyn, Philadelphia, Philly, Wells Fargo, Denver

☆ I tried Wendy's new Krabby Patty meal inspired by 'SpongeBob SquarePants.' Nostalgia isn't enough for brands to win over customers.
▼ + stars: | 2024-10-17 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +2 min

Wendy's "SpongeBob SquarePants" collab features a new burger and a pineapple-flavored Frosty. When I ordered the meal, The Krabby Patty came with tasty toppings and a tangy signature sauce. Wendy's teamed up with Paramount, which owns Nickelodeon, and "SpongeBob SquarePants" to celebrate the cartoon series' 25th anniversary with a limited-time-only meal collaboration, which launched on October 8. "The Wendy's Krabby Patty is just a standard Wendy's burger with different sauce." This is what I thought of Wendy's new Krabby Patty meal.

Persons: SpongeBob, Patty, —, Wendy's, Wendy, Mufasa, Scar Organizations: Service, Nickelodeon, Paramount, Daily Mail, Business, gripes

☆ Sorry fast food fans — your burger is only going to get more expensive
▼ + stars: | 2024-10-14 | by ( Nora Redmond | ) www.businessinsider.com time to read: +6 min

Beef prices in the US are rising due to a historic drought and herd liquidation. Fast food chains like McDonald's and Burger King have already raised prices due to inflation. AdvertisementInflation has not been kind to food prices — especially for eating out. AdvertisementThe USDA reported that this led to record retail beef prices, with an all-fresh value of $8.15 per pound for July. "The reality is over the next couple of years, beef prices are going to continue to go higher," Zimmerman said.

Persons: Burger King, —, Chris Kempczinski, Burger, Lance Zimmerman, Rabo AgriFinance, McDonald's, Erin McDowell, Zimmerman, Taco Bell, Jay Bandy, Bandy, Dudler Organizations: Service, Starbucks, McDonald's, KFC, Brands, Department of Agriculture, Goliath Consulting, Accenture Locations: Olive, Taco, Georgia

☆ Being a mom of 2 with almost no income during my divorce was terrifying. These are the steps I took to rebuild my finances.
▼ + stars: | 2024-10-07 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

She knew she wanted a divorce but was scared to make the leap because of her finances. Over 12 years of marriage, my ex and I grew apart until I knew we had reached the divorce cliché: irreconcilable differences. Doing something unconventional felt uncomfortable, but I realized I'd have to get uncomfortable to make my new life work. I did freelance writing and created a paid Substack newsletter about divorce that generated a few hundred dollars each month. I'm ending spousal support earlyReceiving spousal support has become contentious as my life moves forward after divorce.

Persons: Jolie Steele, —, I've Organizations: Service Locations: Target

☆ I took a 6-day road trip with 4 teenagers. We spent over $5,000, and I learned to feed everyone before they were hungry.
▼ + stars: | 2024-10-05 | by ( Rebecca Hastings | ) www.businessinsider.com time to read: +6 min

My husband and I took our three teens, plus a boyfriend, on a six-day road trip. AdvertisementWhen I picture a road trip, I see images of two carefree people in a convertible traversing Route 66. A road trip with kids, however, is a different experience, especially when those kids are teenagers. There's a lot of perks to taking a road trip with teens. Our trip may not have been a carefree convertible ride, but it was a road trip we will all remember.

Persons: —, I'm, Tim Hortons, Hornblower Organizations: Service, Niagara Parks Power, New, KFC, Corning Glass Museum, Watkins Glen, Watkins Glen State Locations: Connecticut, Canada, New York, Niagara Falls, Fallsview, Syracuse, Niagra, Savona , NY, Corning , NY, Wendy's

☆ My husband and I don't eat much fast food, but we went to Culver's for the first time and loved our $42 meal
▼ + stars: | 2024-09-30 | by ( Timothy Moore | ) www.businessinsider.com time to read: +1 min

Culver's is a fast-food restaurant that started in Wisconsin and has since expanded across the US. I'd never been before, but my mom loves it, so my husband and I recently tried it out. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Recently, my husband and I decided to see why Ma is so wild about this place — and I have to admit, I was pleasantly surprised.

Persons: —, we'd, BJ's Brewhouse, Culver's, I'd Organizations: Service Locations: Wisconsin, Cincinnati, Applebee's, Ohio

☆ Wendy's is roasting McDonald's again. This time over broken McFlurry machines.
▼ + stars: | 2024-09-27 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

It took aim at McDonald's in its promotion, accusing its rival of having broken ice cream machines. Wendy's has previously criticized McDonald's for using frozen beef, sparking a public feud. AdvertisementThe Wendy's — McDonald's feud seems to be heating up again. In 2018, Wendy's launched a national TV ad campaign criticizing McDonald's for using frozen beef patties in its hamburgers. "Happy #NationalFrozenFoodDay to you for all the frozen beef that's sticking around in your cheeseburgers."

Persons: Wendy's, —, It's, McDonald's Organizations: Service, Business

☆ Wendy’s takes aim at McDonald’s broken McFlurry machines with a $1 Frosty
▼ + stars: | 2024-09-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —McDonald’s has become notorious for its broken ice cream machines — there’s even an independent website that monitors broken McFlurry machines. Wendy’s is selling small-sized, $1 Frosty frozen dairy desserts until September 30 — and it’s collaborating with McBroken, which reports which McDonald’s locations have broken ice cream machines. Nearly 15% of McDonald’s ice cream machines are broken as of Thursday, according to McBroken’s data. McBroken was created a few years ago by Rashiq Zahid, who was also frustrated by the lack of working ice cream machines at McDonald’s. Eugene Gologursky/Getty ImagesIf the ice cream machine is offline, the McDonald’s app will remove the ice cream order from the cart, he said.

Persons: New York CNN — McDonald’s, Frosty “, ’, There’s, McBroken, Rashiq Zahid, Frosty, Eugene Gologursky, McDonald’s, Wendy’s Organizations: New, New York CNN, McBroken, CNN Locations: New York, Chicago, Houston, Las Vegas , New York, Los Angeles, Wendy’s

☆ FTC chair Lina Khan warns that airlines might one day use AI to find out you're attending a funeral and charge more
▼ + stars: | 2024-09-23 | by ( Jaures Yip | ) www.businessinsider.com time to read: +5 min

Read previewConsumers could end up paying the (personalized) price as AI becomes more popular, FTC Chair Lina Khan recently warned. Khan said that dynamic pricing, while a separate pricing strategy, may have helped price targeting become more prevalent as people become increasingly used to encountering it. Dynamic pricing itself has already proven controversial in some areas. Wendy's received major heat from customers after announcing plans to introduce dynamic pricing and AI-enabled menu changes as early as 2025. Later, the fast-food chain clarified that its dynamic pricing would not raise prices but rather only provide discounts.

Persons: —, Lina Khan, Khan, there's, we've, Wendy's, Kroger, Elizabeth Pancotti, Pancotti Organizations: Service, Innovation, Business, FTC, Microsoft, Walmart, Roosevelt Institute

☆ McDonald’s is selling 50-cent double cheeseburgers for National Cheeseburger Day, Wendy's is giving them out for a penny
▼ + stars: | 2024-09-18 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

For the second consecutive year, the fast food giant is discounting one of its most popular menu items on National Cheeseburger Day. On Sept. 18 only, customers will be able to buy the chain's famous Double Cheeseburger for 50 cents. The offer is available to customers who use the fast food chain's smartphone app, and is limited to one burger per customer. Users who open the app will be prompted to take advantage of the National Cheeseburger Day promotion, and the discount will be automatically applied at checkout. The offering from the Golden Arches is competing with value combos from rival fast food chains like Taco Bell, Burger King, Wendy's and Popeyes.

Persons: McDonald's, Taco, Burger, Bacon, Burger King Organizations: Taco Bell, CNBC Locations: Wendy's

☆ Nelson Peltz steps down as chair of Wendy's board, starting a new era for burger chain
▼ + stars: | 2024-09-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Nelson Peltz is stepping down as chair of Wendy's , ending a 17-year reign at the fast-food chain. "In our view, [Peltz's departure] opens the door for a new chapter under new Chairman Art Winkleblack & new CEO Kirk Tanner," T.D. He is stepping down to devote more time to his other board commitments and Trian Partners' future activities, according to Wendy's. Heinz, is now non-executive chair of Wendy's board. Clarification: This story has been updated to include the combined ownership stake of Trian and Peltz.

Persons: Nelson Peltz, Wendy's, Kirk Tanner, Winkleblack, T.D, Cowen, Andrew Charles, Peltz, Trian, Heinz Organizations: Alpha, PepsiCo, Trian Partners, Trian Fund Management Locations: New York, Wendy's, Trian

☆ Annual inflation rate slows to 2.9% in July, lowest since 2021
▼ + stars: | 2024-08-14 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

The consumer price index, a broad-based measure of prices for goods and services, increased 0.2% for the month, putting the 12-month inflation rate at 2.9%. Excluding food and energy, core CPI came in at a 0.2% monthly increase and a 3.2% annual rate, meeting expectations. The annual rate is the lowest since March 2021, while the core is the lowest since April 2021, according to the Bureau of Labor Statistics report. A 0.4% increase in shelter costs was responsible for 90% of the all-items inflation increase. Food prices increased 0.2% while energy was flat.

Persons: Joe Raedle, Dow Jones Organizations: Getty, Labor Department, Bureau of Labor Statistics Locations: Miami , Florida

☆ Restaurant Brands revenue tops estimates, fueled by Tim Hortons
▼ + stars: | 2024-08-08 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Restaurant Brands International on Thursday reported quarterly revenue that beat analysts' expectations, fueled by better-than-expected sales at Tim Hortons and the company's international restaurants. Shares of Restaurant Brands rose 3% in morning trading. Out of Restaurant Brands' four chains, Tim Hortons performed the best, with same-store sales growth of 4.6%. For the second half of the year, Restaurant Brands is expecting same-store sales growth of roughly 2%. Two days before the quarter ended, Restaurant Brands completed its acquisition of Popeyes China, which will be included in its results next quarter.

Persons: Tim Hortons, Josh Kobza, we've, Popeyes, Burger, Kobza Organizations: Lakeside, United Kingdom . Restaurant Brands, Brands, LSEG, Burger King, U.S, Firehouse, Burger, Restaurant Brands, Holdings Locations: Grays, United Kingdom, Burger, Brazil, Australia, Japan, China, Carrols

☆ 10 fast-food menu items you didn't know were more than 50 years old
▼ + stars: | 2024-08-07 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

Many popular fast-food items were invented decades ago and remain unchanged. Other fast-food chains have similar menu items from when they first opened. Go to newsletter preferences Thanks for signing up! AdvertisementMany chains are experimenting with new menu items, like Taco Bell's lineup of Cheez-It items, as well as expanding upon old favorites — think Burger King's Fiery Bacon Whopper or Wendy's new saucy nuggets. While introducing new and exciting menu items is one way to grab a customer's attention, there's also something to be said for chains keeping their oldest, most popular menu items at the forefront of their businesses.

Persons: —, there's Organizations: Service, Business

With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture for the back half of the year is looking unusually complicated. It's been a 'meh' quarter so far We have the usual beat on bottom-line earnings, but revenue beats are below expectations. Most companies are beating on earnings estimates but are declining to hike full-year guidance beyond the beat. Plenty of complaints about a slowing China consumer A weak China economy has been a significant headwind for a number of global companies this season. Procter & Gamble's China sales tumbled 8% from a year ago as consumer spending slowed.

Persons: It's, Sherwin, Williams, Lockheed Martin, Chipotle, Isaac, CDW, Clorox, – Hershey, Kraft Heinz, Mondelez, General Mills, Smucker, McDonald's, Wendy's, Bob, Wyndham, Mills, Marriott, LVMH, haven't Organizations: GE Aerospace, Hasbro, Lockheed, Verizon, Mattel, IBM, Juniper Networks, Enphase Energy, NXP Semiconductors, Accenture, Oracle, Procter, Gamble, PepsiCo, ConAgra Brands, Bank of America, MGM Resorts, Comcast, Marriott, Airlines, Allegiant, Ryanair, Gamble's, Starbucks, Visa, Nike, Vegas Sands Locations: J.M, Atlantic City, China, Gamble's China, Greater China, Japan, Macao, Marina, Sands, Singapore

☆ Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year
▼ + stars: | 2024-07-31 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Yum Brands hopes to use artificial intelligence to take down drive-thru orders at hundreds of Taco Bell restaurants by the end of this year. In May, executives said Taco Bell would expand its pilot of voice AI from five locations to 30 restaurants in California. Currently, more than 100 Taco Bell restaurants in the U.S. use voice AI. Taco Bell had nearly 7,700 U.S. locations at the end of 2023, according to company filings. Five KFC restaurants in Australia are also testing voice AI tech in drive-thrus, Yum Brands said.

Persons: McDonald's, Taco, Taco Bell, Lawrence Kim Organizations: Yum Brands, Taco Bell, IBM, Brands, Yum, KFC Locations: U.S, White, Chicago, California, Australia

☆ Fast-food chains battle for low-income diners with summer value meals
▼ + stars: | 2024-07-28 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending. Sensing diners' fast-food backlash, players such as Brinker International's Chili's have used their marketing to highlight their own value relative to the cost of a fast-food meal. Shares of McDonald's, Burger King parent Restaurant Brands International and Wendy's have all slid by double digits this year. Taco Bell owner Yum Brands is down more than 1% in 2024. Restaurant Brands and Yum Brands are expected to report their quarterly earnings the following week.

Persons: Taco, Burger, Wendy's, McDonald's, Brinker, Rick Cardenas, Robert Byrne, Eric Gonzalez Organizations: Taco Bell, Darden, Burger King, Restaurant Brands, Yum Brands, CNBC, Restaurant

☆ I tried the signature burgers from McDonald's, Wendy's, and Burger King. I found the Big Mac underwhelming.
▼ + stars: | 2024-07-28 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

I tried the signature burgers from three fast-food chains: McDonald's, Wendy's, and Burger King. I liked the smoky flavor of Burger King's Whopper, even though it was the priciest burger. AdvertisementAs a fast-food reporter, I've tried and tested many fast-food burgers over the years. USA Today reported in 2013 that McDonald's sold roughly 75 burgers every second, or 4,500 burgers every minute. Among those burgers, many of them are Big Macs — the chain's signature burger and arguably its most famous menu item.

Persons: Burger King, Mac, —, I've, McDonald's Organizations: Service, USA, Business Locations: America

☆ 14 earnings, jobs and the Fed are what we're watching in the market this week
▼ + stars: | 2024-07-27 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

As for Club earnings, we got positive results from life sciences company Danaher and industrial firm Dover. Ford was a major disappointment and its nearly 20% stock drop for the week was the worst performer in the portfolio. In the week ahead, it's going to be another big week of earnings with the four mega-cap names and 10 other Club names set to report. Linde : We're looking for more of the same — steady earnings growth; 6% is the Street estimate. End market commentary will also help us better formulate our view of the economy — and in turn the stock market.

Persons: Russell, Jerome Powell's, Ford, Stanley Black, Decker, We're, we'll, Elliott, we've, We'll, Kraft Heinz, Vita Coco, COCO, Lam, SIRI, WEN, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Nasdaq, Dow, Communication, Honeywell, YouTube, Procter & Gamble, Devices, Microsoft, Starbucks, GE Healthcare, DuPont, Meta, Apple, Coterra Energy, Linde, Silo AI, Elliott Management, GE HealthCare, Amazon, Apple Intelligence, U.S, Labor, Fed, Networks, Procter, Gamble, PayPal, Pfizer, BP, JetBlue Airways, Merck, Solar Inc, Caesars Entertainment, Electronic Arts, EA, Nation Entertainment, Boeing, Cruise, Mastercard, Teva Pharmaceutical, Hess Corp, Arm Holdings, Qualcomm, Lam Research, Western, eBay, EBAY, MGM Resorts, MGM, ConocoPhillips, Mobileye, Canada Goose Holdings, Hershey, Toyota, Dominion Energy, Air Products & Chemicals, Southern Company, International, Coterra Energy Intel, Coinbase, Booking Holdings, LIN, Exxon Mobil, Chevron, LyondellBasell Industries, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: Dover, Eaton, Amazon, China, destocking, Corning, New York City

☆ Domino's CEO slams the summer of value meals
▼ + stars: | 2024-07-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewAccording to Domino's CEO, smaller burgers are no way to make people happy. In an interview with Bloomberg, Russell Weiner took aim at the size of his competitors' value meals, which often include burgers. "If you want a big sandwich and you end up getting a little sandwich cheaper, you're not happy." AdvertisementWeiner's comments come during a summer of value meals in the US — with nearly every major outlet creating bundles to attract price-sensitive customers. Still, a better value strategy has not been enough to fully satisfy Domino's investors.

Persons: —, Russell Weiner, Domino's, Weiner, Burger King, Taco Bell, Burger Organizations: Service, Bloomberg, Business, Taco, Restaurant Brands Locations: Burger, Japan, France

☆ McDonald’s to extend $5 value meal in most U.S. markets as diners return to restaurants
▼ + stars: | 2024-07-22 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +2 min

McDonald's will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets, as the fast food giant says the offer is driving traffic back to restaurants. The memo said the majority of locations will extend through August, or plan to vote on whether to do so. The $5 value meal rolled out on menu boards beginning June 25 and was initially set to last roughly a month. The move comes as restaurants offer deals to boost sagging traffic, as consumers — particularly lower-income diners — balk at higher prices after years of inflation-fueled hikes. Coca-Cola kicked in marketing funds to make the initial value offer more appealing for franchisees, CNBC reported in May.

Persons: Myra Doria, Tariq Hassan, Burger, Taco Bell, McDonald's Organizations: CNBC, Bloomberg Locations: San Pablo , California, U.S

☆ I tried $5 value meals from McDonald's, Burger King, and Wendy's. They're the perfect way for chains to lure customers.
▼ + stars: | 2024-07-16 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: 1 min

I tried the $5 Your Way meal from Burger King, the $5 Meal Deal from McDonald's, and the $5 Biggie Bag from Wendy's. I tried $5 meals from Burger King, McDonald's, and Wendy's. Gabbi Shaw/Business InsiderBoth Burger King and McDonald's released their $5 meal deals in June. Wendy's, meanwhile, has been offering the Biggie Bag for five years, Today.com reported. My Burger King meal was $5.81; my McDonald's meal was $5.54; and my Wendy's meal was $5.43.

Persons: Burger King, Biggie, Gabbi Shaw, McDonald's, Wendy's, Today.com Locations: Burger, McDonald's, Long, , New York

☆ Wendy's CEO got ripped for pushing dynamic pricing. It could be coming to a store near you.
▼ + stars: | 2024-07-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

With digital price tags, big retailers, in theory, could do the same. Federal Reserve Chair Jerome Powell has said that type of dynamic pricing is "incredibly important in our economy." AdvertisementSome experts agree, saying dynamic pricing practices could benefit consumers who are able to gain some understanding of the system and shop around. After customers complained online that those changes would surge prices, a spokesperson announced the company did not intend to implement surge pricing. How does dynamic pricing impact you?

Persons: There's, Uber, it's, Greg Cathey, Elizabeth Pancotti, Pancotti, Jerome Powell, Powell, John Zhang, Wendy's, Sen, Sherrod Brown, Zhang, — Organizations: Service, Walmart, Business, Roosevelt Institute, Federal, Wharton School, University of Pennsylvania, Democratic, SNAP

☆ Americans Are Angry Because Prices Are Constantly Changing
▼ + stars: | 2024-07-10 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

A "good" price for something today may have seemed outlandish five years ago. A "good" price for something today may have seemed outlandish five years ago, and it's understandable to wonder whether today's price is just as fleeting. The whole idea of what's a good price for a 12-pack of carbonated soft drinks has changed dramatically over the past few years." Plenty of companies can move their prices, whether by using dynamic prices or downright raising prices, because they're the only game in town. The answer to getting accustomed to high prices is basically to forget what those numbers were in 2019.

Persons: Wendy's, they're, There's, Carly Fink, —, Fink, they'd, Jon Hauptman, Hauptman, Timothy Webb, University of Delaware who's, it's, Ravi Dhar, Taylor Swift, John Zhang, Webb, Dhar, Emily Stewart Organizations: Walmart, Price, University of Delaware, Center, Yale School of Management, Starbucks, Wharton, Business

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