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☆ McDonald’s and Wendy’s win false advertising lawsuit
▼ + stars: | 2023-10-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Wendy’s and McDonald’s have emerged victorious from a lawsuit that accused the fast food chains of false advertising. Major fast food chains, including Burger King, Arby’s and Taco Bell, have all been targets lately for lawsuits that allege they’re misrepresenting food in their marketing. The explosion has been largely driven by the efforts of a handful of lawyers arguing that food in ads appears more bountiful than what customers actually get. In response, the fast food chains deny the accusations. Burger King, for example, said about a similar lawsuit that “reasonable consumers viewing food advertising know” that food in ads “has been styled to make it look as appetizing as possible.”

Persons: New York CNN —, Wendy’s, Hector Gonzalez, Wendy’s didn’t, Burger, Taco, “, ” Tommy Tobin, Perkins Coie, ”, Burger King Organizations: New, New York CNN, Taco Bell, UCLA School of Law, CNN Locations: New York

☆ Taylor Swift's Eras Tour movie hit a presale record for Cinemark
▼ + stars: | 2023-10-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

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☆ Taco Bell is finally selling breakfast tacos
▼ + stars: | 2023-10-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Taco Bell is synonymous with tacos, just perhaps not in the mornings. For the first time, Taco Bell is adding breakfast tacos to its menu beginning October 12 for a limited time. Taco Bell even enlisted comedian Pete Davidson to apologize for some of its past breakfast food flops, like the much-maligned Waffle Taco. Breakfast sales have jumped 9% since the ads aired, with Taco Bell praising the campaign and Davidson for the turnaround. Taco Bell also announced that in celebration of National Taco Day that it’s bringing back its Taco Lover’s Pass subscription program for two days only.

Persons: Taco, That’s, Taco Bell, Pete Davidson, Davidson Organizations: New, New York CNN, Taco Bell, Taco, NPD Group, National Taco, Yum Brands Locations: New York

☆ John Oliver returns to his HBO show, urging more workers to unionize
▼ + stars: | 2023-10-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Comedian John Oliver returned to his HBO show “Last Week Tonight” on Sunday, becoming the latest late night host to air a new program following the end of the writers’ strike. (Oliver’s show airs on HBO, which like CNN, is owned by Warner Bros. Bill Maher returned to his show last Friday and the network hosts, such as Jimmy Kimmel and Jimmy Fallon, will air new programs Monday. Now the focus turns to negotiations between SAG-AFTRA, the union representing about 160,000 actors, and the AMPTP. The two sides are expected to begin negotiating again Monday and hopefully get closer to ending their strike, which has been happening since mid-July.

Persons: John Oliver, “, Billy Joel’s, ” Oliver, —, ”, don’t, ’, I’m, Bill Maher, Jimmy Kimmel, Jimmy Fallon Organizations: New, New York CNN, HBO, CNN, Warner Bros ., Writers Guild of America, Alliance, Television Producers, SAG Locations: New York

☆ Blue Apron stock surges 130% on news it is being sold
▼ + stars: | 2023-09-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Blue Apron shares soared more than 130% Friday after the once-hot meal kit delivery service announced it was being acquired. Wonder Group, a food delivery startup led by former Walmart and Jet executive Marc Lore, is buying Blue Apron in a deal that gives shareholders $13 per share, valuing Blue Apron at $103 million — a far cry from its $2 billion valuation just six years ago. Since Blue Apron went public in 2017, its fortunes have dwindled with a number of problems, including layoffs, failing to grow its customer base and competition from larger companies, such as Amazon and Kroger. The Blue Apron (APRN) name will continue to be used following the close of the transaction. In June, Blue Apron sold its assets, such as its fulfillment centers, to fellow meal company FreshRealm, giving it a $50 million cash infusion.

Persons: Marc Lore, Wonder Organizations: New, New York CNN, Wonder, Walmart, Jet, Kroger Locations: New York, “

☆ New York airports socked with delays because of heavy rain
▼ + stars: | 2023-09-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

☆ Taylor Swifts rumored appearance at the Kansas City and Jets game sends ticket prices soaring
▼ + stars: | 2023-09-28 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

☆ National Coffee Day: Free coffee at Dunkin plus lots more deals
▼ + stars: | 2023-09-28 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —This Friday is arguably the best day of the year: It’s National Coffee Day. Sixty-seven percent of Americans drink coffee every day — more than any other beverage, including water — according to National Coffee Association (NCA). A recently released NCA report also said that coffee consumption continues to “bounce back” from the Covid-19 pandemic, notably with at-work consumption growing as companies compel their workers return to the office. In fact, enjoying an in-office coffee has “rebounded to pre-pandemic levels” with 36% of Americans participating. People drinking coffee at home are still above their pre-pandemic levels at 82%.

Persons: Peet’s Organizations: New, New York CNN, National Coffee Association Locations: New York

☆ Peloton shares soar following a partnership with former foe Lululemon
▼ + stars: | 2023-09-28 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

☆ Heinz creates ‘Ketchup and Seemingly Ranch’ condiment for Taylor Swift
▼ + stars: | 2023-09-27 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Not even bottled ketchup is immune from the excitement of the possible romance between Taylor Swift and Travis Kelce. Heinz is releasing a limited edition “Ketchup and Seemingly Ranch” sauce in celebration of the two, with its origins being extremely online. Heinz told CNN that it’s producing and releasing 100 bottles of “Ketchup and Seemingly Ranch” sauce with a chance to score one soon via its Instagram account. Heinz is releasing a condiment in honor of Taylor Swift and Travis Kelce. Swift has been a boon to business and the broader economy – beyond just jersey sales and ketchup.

Persons: New York CNN —, Taylor Swift, Travis Kelce, Heinz, Swift, weren’t, “, they’re, Kelce, ” Organizations: New, New York CNN, NFL, CNN, Variety, North, US Federal Reserve Locations: New York, Kansas City

☆ Panera created a menu based off the 'Roman Empire' TikTok trend
▼ + stars: | 2023-09-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Men, apparently, can’t stop thinking about the Roman Empire. Panera Bread fans can’t stop thinking about their broccoli cheddar soup. Now, the two are coming together with the chain selling a “Roman Empire” menu, which is a cheeky response to the viral TikTok trend. “Panera gets it … there are always things that you can’t stop thinking about,” the chain said as it announced the online-only menu available beginning Tuesday. Many of the eight items on the special menu have been staples since its inception in 1987, just slightly younger than the Roman Empire itself.

Persons: Caesar, Panera, “ Panera, Popeyes, Olivia Maher, McDonald’s, Dunkin ’ Organizations: New, New York CNN, Cheesecake Factory, Air Locations: New York, Roman, Louisiana

☆ McDonald’s is adding two new sauces
▼ + stars: | 2023-09-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

Beginning October 9, the fast food chain is adding two new dipping sauces to its menu for a limited time, joining its lineup of six sauces that include barbecue, ranch and sweet and sour. Some celebrity meals also came with re-branded dipping sauces, or ones that had previously only been available in certain regions. And while other chains struggle to bring more customers into restaurant locations, McDonald’s is reporting growth in US traffic. McDonald’s is partnering with its chefs and influencers to show off the number of combinations the new sauces can be paired with. That followed the news that McDonald’s was adding more of the sauce to its Big Mac sandwiches as part of a broader shakeup to its menu.

Persons: New York CNN —, McDonald’s, “, ”, Tariq Hassan Organizations: New, New York CNN, Washington , DC, KFC Locations: New York, cayenne, Washington ,

☆ Amazon is bringing ads to Prime Video and will charge you to avoid them
▼ + stars: | 2023-09-22 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Amazon is joining other streaming services and inserting ads into its programming. Beginning next year, shows and movies on its Prime Video service will “include limited advertisements,” the company announced Friday. Prime Video, which is home to “The Marvelous Mrs. Maisel” and “Citadel,” is included in the $139 yearly Prime subscription. Streaming services are no long chasing subscribers, but rather investors are pressuring them to make money off the services, even if it comes at the expense of losing subscriptions. Hulu, in which Disney owns a majority stake, will also hike its monthly ad-free subscription $3 to $17.99.

Persons: Maisel Organizations: New, New York CNN, Netflix, Max, “ Citadel, Disney, Hulu, NBCUniversal Locations: New York, “, ”

☆ Face of the iconic Hawaiian Airlines logo has died
▼ + stars: | 2023-09-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —The “face” of the Hawaiian Airlines logo, which has decorated the tails of its airplanes for decades, has passed away. Leina’ala Ann Teruya Drummond, Miss Hawaii 1964, died of cancer Monday at the age of 77 in Hilo, Hawaii. The face is a “promise to our guests that we offer something no other airline can — the warmth, care and generosity that are hallmarks of our Hawaiian culture,” the airline explains its on website. The Miss Hawaii organization said in a statement that Drummond’s “iconic smile, elegance and grace will always be remembered” and noted she placed in the top ten of the Miss America Pageant. “Hawaii lost a talented, poised and gracious woman who touched the hearts of many across the globe,” the organization said.

Persons: Leina’ala Ann Teruya Drummond, Andrew Woodley, Hawaiian Airlines didn’t Organizations: New, New York CNN, Hawaiian Airlines, Airlines, Hawaiian Airlines Boeing, Honolulu, Universal, Getty, Miss, Miss America Locations: New York, Miss Hawaii, Hilo , Hawaii, Hawaii

☆ McDonald’s once again sued after customer burns herself on hot coffee
▼ + stars: | 2023-09-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —McDonald’s is being sued over a hot coffee spill, again. Childress also said in the lawsuit that the restaurant employees “refused” to help her, a point that the McDonald’s denied. Third-degree burns are the most severe and penetrate through the entire skin. The coffee was “30 to 40 degrees hotter than coffee served by other companies,” the law museum said. Earlier this year, McDonald’s was found liable in another case involving hot food.

Persons: New York CNN —, Mable Childress, Childress, “, ”, Peter Ou, Ou, McDonald’s Organizations: New, New York CNN, CNN, American Museum of Tort, McDonald’s, Upchurch Foods Locations: New York, San Francisco, Florida, Miami

☆ Kanye ‘didn’t mean what he said’ about Jews, Adidas CEO says
▼ + stars: | 2023-09-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Adidas CEO Bjørn Gulden said he doesn’t think Kanye West “meant what he said” when the rapper spewed antisemitic comments last year. “Very unfortunate, because I don’t think he meant what he said, and I don’t think he’s a bad person. His comments garnered global outrage and a few days later Adidas ended its nine-year business relationship with him. Prior to those comments, Adidas put the “partnership under review” after he wore a “White Lives Matter” T-shirt in public. It now expects to make a €450 million ($491 million) operating loss in 2023, a much better outcome than the €700 million ($764 million) loss it had forecast back in March.

Persons: Bjørn Gulden, ”, Ye, Gulden, ” Gulden, Adidas didn’t, West Organizations: New, New York CNN, Adidas, West, White, Ku Klux Klan, British, Manchester United Locations: New York, Norwegian

☆ Kraft recalls 83,000 cases of American cheese because of a choking hazard
▼ + stars: | 2023-09-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Kraft Heinz is recalling about 83,000 cases of its individually wrapped Kraft Singles American cheese because they might pose a choking hazard. “Kraft Heinz is committed to upholding the highest safety and quality standards and apologizes for this inconvenience,” the company said. They can also call Kraft Heinz at 1-800-280-8252 to get their money back. Earlier this year, Kraft announced that it was changing the packaging on its individually wrapped cheese to make them easier to open. 1 complaint from customers, which has been the “inability to easily open the clear wrapper,” Kraft said.

Persons: New York CNN — Kraft Heinz, ” Kraft, “, “ Kraft Heinz, Kraft Heinz, Kraft Organizations: New, New York CNN, Kraft, “ Kraft, UPC Locations: New York

☆ US debt rises to $33 trillion as government shutdown looms
▼ + stars: | 2023-09-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —As the US national debt passes $33 trillion and a government shutdown looms, Wall Street feels defensive. What’s happening: The gross national debt has grown at an alarming pace since then — by $1 trillion in the last three months alone. Political finger pointing around what caused the accelerated debt accrual, meanwhile, has left the government at an impasse around the budget. The recent increase in interest rates has already made it much more expensive for the government to pay back what it owes. That would leave the door open for another rate increase, which could come when the following meeting concludes, on November 1.

Persons: Fitch, ”, Michael Peterson, Peter G, Peterson, Biden, Gary Schlossberg, Jennifer Timmerman, Gregory Daco, Bryan Mena, Jerome Powell, Instacart, Jordan Valinsky Organizations: CNN Business, Bell, New York CNN, AAA, AA, GOP, UAW, Wells, Investment Institute, Fed, Federal, Financial, Walmart Locations: New York, —, Amazon

☆ Instacart soars 40% in its trading debut
▼ + stars: | 2023-09-19 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Instacart started trading Tuesday, opening at $42 per share and propelling the grocery-delivery company to a market valuation of just over $11 billion. Trading under the ticker CART, Instacart had set a price of $30 per share for its initial public offering. The company might get a warm response from investors, who gave UK-based chip designer Arm a successful Nasdaq debut last week. That stock finished its first day of trading 25% higher, landing the company with a market cap of around $65 billion. Arm was the largest public offering in two years, after Rivian made its trading debut.

Persons: New York CNN — Instacart, Instacart, “, Rivian Organizations: New, New York CNN, Walmart, Nasdaq Locations: New York, Amazon

☆ Banks scramble to find leaders equipped for today’s economic realities
▼ + stars: | 2023-09-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

That means most current executives, who came up in the era of easy money, are unfamiliar with the complexities of running a bank under today’s conditions. Some CEOs are deciding that they need to make drastic, expensive and often unpopular institutional changes to help them keep up. Banks currently have strong managers, but not a lot of strong leaders, said David Schiff, senior partner at West Monroe. Prior to the current interest rate hikes, banks had been operating with low-interest, stable rates for nearly two decades, he said. It has not had a strike in its Canadian operations since 1990 and had not had a US strike since 1978.

Persons: Jane Fraser, Fraser, Mike Santomassimo, Truist, Venkatakrishnan, Goldman Sachs, It’s, Roger Hochschild, Morgan Stanley, James Gorman, Banks, David Schiff, That’s, aren’t, ”, Schiff, “, “ There’s, Chris Isidore, Unifor, ” Ford, Lana Payne, Clorox, Jordan Valinsky Organizations: CNN Business, Bell, New York CNN, Citigroup, Citi, Wells, Reuters, Barclays, C.S, CNBC, Discover, Canadian, Ford, Ford Motor Company, United Auto Workers, General Motors, Jeep, Dodge, Chrysler Locations: New York, West Monroe, Canada, Clorox

☆ Bill Maher isn’t bringing back his HBO talk show during the writers’ strike
▼ + stars: | 2023-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Bill Maher has changed his mind and isn’t bringing back his HBO talk show amid the ongoing writer’s strike. “My decision to return to work was made when it seemed nothing was happening and there was no end in sight to this strike,” Maher wrote on X, formerly known as Twitter. Last week, Maher said he would bring back his talk show, which ignited outrage from members of the WGA since his show employs a number of union members. Over the weekend, Drew Barrymore changed her mind about bringing back her talk show this week after she caught a slew of backlash from Hollywood. CBS’s “The Talk,” as well as Jennifer Hudson’s syndicated talk show, also postponed their season premieres.

Persons: Bill Maher, ” Maher, Maher, “, Drew Barrymore, CBS’s, Jennifer Hudson’s Organizations: New, New York CNN, HBO, Guild of America, WGA, Max, Warner Bros ., SAG Locations: New York

☆ ABC adds 10 more ‘Monday Night Football’ games to help plug the hole left by Hollywood strikes
▼ + stars: | 2023-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —“Monday Night Football” is back on ABC because of the ongoing strikes disrupting Hollywood. Eight “Monday Night Football” games were already going to air on ABC this season, but Monday’s change increases the number to 18. Here are the games ABC just added to its schedule, which will also be aired on ESPN and ESPN Deportes. Television networks have been forced to get creative amid the ongoing dual writers’ and actors’ strikes, which has paused production on scripted shows. NBC, meanwhile, planned ahead and stockpiled already-filmed scripted shows to show this fall.

Persons: New York CNN —, “, “ Abbott, ”, ’, It’s Organizations: New, New York CNN, ABC, Hollywood, Disney, Football, ESPN, NFL, ESPN Deportes, Seahawks, Giants, Packers, Raiders, Cowboys, Chargers, 49ers, Vikings, Lions, Jets, Broncos, Bills, Bears, Bengals, Jaguars, Chiefs, Patriots, CBS, Paramount Network, Sydney, CW, AMC, CBC, NBC, Guild of America Locations: New York, ”

☆ Cyberattack at Clorox is disrupting production
▼ + stars: | 2023-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —A cyberattack at Clorox is causing wide-scale disruption of the company’s operations, hampering its ability to make its cleaning materials, Clorox said Monday. Clorox said some of its products are now in short supply as it has struggled to meet consumer demand during the disruption. Clorox said it immediately took action to stop the attack, including reducing its operations. Still, Clorox has not been able to get its manufacturing operations back up to full speed. “Clorox has already resumed production at the vast majority of its manufacturing sites and expects the ramp up to full production to occur over time,” the company said.

Persons: Clorox, “ Clorox, “, ” Organizations: New, New York CNN, MGM Resorts Locations: New York, Clorox

☆ GM CEO Marry Barra tells CNN she’s ‘frustrated’ about the strike
▼ + stars: | 2023-09-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began overnight, and said that her company has a “very compelling offer” for the union. “I think we have an offer that resonates with our people,” Barra told CNN’s Vanessa Yurkevich, saying that the offer includes pay raises up to 21%, job security and healthcare. “If you’re asking for more than the company made, I think that’s not a good position,” Barra pointedly said. The UAW referred to its targeted strike of three plants as a “Stand Up Strike,” which it called a strategic “new approach” to walking off the job. The strike came after the automakers scoffed at the union’s ambitious demands for increased wages, benefits and job protections for its members.

Persons: Mary Barra, she’s “, “, ” Barra, CNN’s Vanessa Yurkevich, Barra, Picketers Organizations: New, New York CNN — General, United Auto Workers, General Motors, Ford, Workers, Big Three, UAW Locations: New York, Missouri , Michigan, Ohio

☆ Johnson & Johnson is replacing its iconic logo
▼ + stars: | 2023-09-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Johnson & Johnson is replacing its instantly recognizable logo that’s been in use for 135 years. Although it’s a big change, shoppers likely won’t notice it since the cursive logo will still be used on its consumer products, like Band-Aid and Tylenol. Johnson & Johnson recently split into two companies — one focused on medical devices and medications and the other on consumer health products, which operates under a brand called Kenvue. The name Kenvue reflects J&J’s desire for the new consumer company identity to take a backseat to well-known brands. Still, ditching the signature J&J logo marks an end of era since the company once stated that its “one of the longest-used company emblems in the world.” The new logo will roll out over time on J&J’s medical equipment and pharmaceutical products.

Persons: New York CNN — Johnson, Johnson, James Wood Johnson, Kenvue Organizations: New, New York CNN, Unilever, Procter, Gamble Locations: New York

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