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Despite a difficult quarter, McDonald’s looks resilient in the face of various pressures, analysts say — something the company shares with U.S. consumers overall. “The spotlight is always on McDonald’s because it’s so big” and something of a “bellwether,” she said. That spurred former President Donald Trump to sling fries this month at a Philadelphia-area McDonald’s in a photo op. Like many major brands, McDonald’s raked in big profits as the economy reopened from the pandemic. “The thing that McDonald’s had struggled with, and why I think we’re seeing kind of an inflection point, is a value proposition,” Senatore said.
Persons: McDonald’s, Mickey D’s, Chris Kempczinski, Kempczinski, Gordon Haskett, ” Kempczinski, Ravi Dhar, , Sara Senatore, Kamala Harris, Donald Trump, Mickey D’s ’, Senatore, they’d, , Eric Thayer, ” Senatore, Sam Oches, Oches, , , Jim Salera, Stephens, Jack Kleinhenz, hasn’t, “ They’re, ” Oches Organizations: U.S, Yale University’s Center, Bank of America, Bloomberg, Getty, Coca, Walmart, Target, Walgreens, JetBlue, Democratic, National Retail, JPMorgan Locations: U.S, Philadelphia, Connecticut, Amazon
Two men have been convicted of robbing an off-duty Secret Service agent at gunpoint after the agent had finished working at a Los Angeles fundraiser that President Joe Biden attended, prosecutors said Monday. Johnson was convicted Monday by a jury in connection with the robbery, found guilty of one felony count of second-degree robbery, one felony count of possession of a firearm by a felon, and two felony enhancements of personal use of a firearm. Meanwhile, E’shon Dwayne Dodson, 21, of Compton, was arrested in Los Angeles on July 17. He was also found guilty by a jury Monday of one felony count of second-degree robbery and one felony enhancement of being armed with a firearm during the commission of a felony. Bell was hospitalized in Los Angeles and was treated for gunshot wounds sustained in the confrontation.
Persons: Joe Biden, Biden, Jamonte Fitzgerald Johnson, Johnson, he’s, He’ll, E’shon Dwayne Dodson, He’s, Bertran Claude Bell, Bell, Todd Spitzer, , Organizations: Democratic, Attorney’s, Tustin, Prosecutors, NBC News, Orange Locations: Los Angeles, Fontana, Tustin , California, Orange County, Riverside, California, San Bernardino, Compton
Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.
Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, , Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, , WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, , Dearborn , Michigan, Dearborn, Detroit
But state officials resisted his pressure, judges tossed out his team’s lawsuits, and Pence defied Trump and carried out his constitutional duty to affirm the result of the vote. If Trump sought to challenge the election results, he would have two potential paths to try to overturn the results, and both routes are “long shots,” said Hasen, director of the Safeguarding Democracy Project at UCLA Law School. Given the heightened security risk, some state officials have made plans to scrap public, high-profile ceremonies to certify election results in state capitols. Election officials across the country also have bolstered security at polling places, including expanding police presence and issuing bulletproof vests to election workers. State officials resisted.
Persons: Donald Trump, Kamala Harris, , Richard Hasen, Trump, Joe Biden, Mike Pence, Pence, Hasen, Gowri Ramachandran, Wisconsin —, Al Schmidt, Matthew Sanderson, , Sanderson, Frank Figliuzzi, ” Figliuzzi, , didn’t, that’s Organizations: U.S . Capitol, UCLA, Count, Trump, Georgia’s, Trump Republicans, UCLA Law School, Elections, Brennan Center for Justice, New York University School of Law, Senate, Electoral, Republican, Electoral College, Washington , D.C, GOP Senators, Capitol, FBI, NBC News, The Department of Homeland Security, United Nations, Assembly Locations: Pennsylvania, Arizona, Wisconsin, Michigan’s Legislature, Washington ,, capitols, Maricopa County , Arizona, Washington
Before that, on Friday, Elon Musk’s super PAC, America PAC, published a video to X calling Harris the “C-word” before going on to call her a “Communist.” The advertisement was deleted from America PAC’s X account Monday. Musk and America PAC did not respond to requests for comment. The video shared by America PAC and Musk is watermarked with the creator’s online handle. And in an advertisement published Friday, America PAC repeatedly emphasized that Harris is a “C-word” — alluding to a vulgar term for women — before going on to call her a “Communist.”“Kamala Harris is a ‘C-word.’ You heard that right, a big old ‘C-word,’” the America PAC video says. Kamala Harris, the ‘C-word’ America simply can’t afford.”America PAC has spent nearly $140,000 on political ads endorsing Trump’s campaign or attacking Democrats, according to the nonprofit OpenSecrets.
Persons: Elon Musk, Donald Trump’s, Kamala Harris ’, Elon, Harris, Musk, Trump, Hulk Hogan, , ” “ Kamala Harris, , Kamala Harris, he’s, Donald Trump, , Joe Biden, Biden, John Kelly, Hitler, Crooked Joe Biden, Adolf Hitler Organizations: Elon Musk’s, PAC, America PAC, Communist, Imperial, Defamation League, Nazi, NBC, ” America PAC, CNN Locations: Pennsylvania, Imperial German, German, America
Kamberlyn Bowler, 15, said she ate McDonald's Quarter Pounders in the days before she became ill.At least 75 people have been infected with E. coli in an outbreak that McDonald's has said is likely linked to slivered onions served on Quarter Pounders. The previously healthy, active 15-year-old is now hospitalized and battling kidney failure — a rare and potentially life-threatening complication of E. coli poisoning. Kamberlyn, of Grand Junction, Colorado, is one of dozens of people who say they became sick after having eaten McDonald’s Quarter Pounders. McDonald’s says the most likely source of the contamination was slivered onions served on its Quarter Pounders. On Oct. 18, she was airlifted to Children’s Hospital Colorado outside Denver, where she has remained ever since.
Persons: Kamberlyn Bowler, McDonald's, McDonald’s, Taylor, preemptively, , Brittany Randall, Randall, ” Kamberlyn, ” Randall, Kamberlyn, Kamberlyn didn’t, ‘ Something’s, ’ ” Randall, “ It’s, we’ve, Brittany Randall Kamberlyn, “ We’re, HUS, Nicole Iovine, , Iovine, ” McDonald’s, Joe Erlinger, ” Ron Simon, ” Simon Organizations: Centers for Disease Control, Children’s Hospital, CDC, HUS, UF Health Shands Hospital, USA, Locations: Colorado, Junction , Colorado, California, Children’s Hospital Colorado, Denver, Florida, HUS, Kamberlyn
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Unfortunate' E. Coli disrupted McDonald's return to strength, says Evercore's David PalmerDavid Palmer, Evercore ISI senior managing director, joins 'Squawk on the Street' to discuss to what degree E. Coli interrupted McDonald's strong quarter, how long the international weakness story will continue, and how the food safety issue will impact McDonald's going forward.
Persons: Evercore's David Palmer David Palmer
When I'm sitting with a stressed-out patient in my office and I raise the importance of healthy relationships, they almost always intellectually understand. But it's critical, because healthy relationships help people thrive. As Robert Waldinger, director of the decades-long Harvard Study of Adult Development, has explained: "The clearest message that we get from this 75-year study is this: Good relationships keep us happier and healthier. Here are three surprisingly simple and actionable strategies you can use to lift loneliness, make connections, and start to foster healthy relationships, all of which can be easily implemented even in your busy daily life. Just make sure you're being mindful of your limited time and energy, so you don't burn out in the process.
Persons: I'm, Robert Waldinger, Barbara Fredrickson, I've, it's, , what's, Larry Dossey, , Mary E, Anderson Organizations: University of Florida, Boston Healthcare, Harvard Medical School, Boston University School of Medicine Locations: elation
Hsu, founder and chairman of Rayliant Global Advisors, told CNBC's Pro Talks that Alibaba , JD.com , and Pinduoduo are among his top picks. If signs of consumption growth return to China, he suggested the stock could climb to $200 per share or double from current levels. BABA 1Y line Hsu said he views JD.com similarly to Alibaba, with his preference between the two mainly driven by valuation metrics. PDD Pinduoduo underperformed the broader Chinese stock market this year and has fallen by 14% so far this year. Baidu Not all Chinese technology stocks are equally attractive.
Persons: Jason Hsu, Hsu, CNBC's, BABA, CNBC's Tanvir Gill, JD.com, They've, , Evelyn Cheng Organizations: Rayliant Global Advisors, Baidu, Alibaba's, Wall Street, China Equity ETF, Google Locations: China, Beijing, Alibaba's New York
He sees gaps in the launch market for Firefly's Alpha and coming MLV rockets, which slot into the middle of the small-to-heavy class of vehicles. Firefly has three main product lines: its rockets, Alpha and MLV; space tugs, called Elytra, and lunar landers, known as Blue Ghost. More rocketsThe company's fifth Alpha launch lifts off from Vandenberg Space Force Base in California in July 2024. A rendering of the MLV rocket. Firefly AerospaceKim sees Firefly as having a key advantage — "an engine that works" — in its Reaver engines that power the Alpha rockets.
Persons: Jason Kim, Firefly Aerospace Jason Kim, he's, Elon Musk's, ULA, Jeff Bezos, Kim, he'd, I'm, … I'm, what's, Firefly's, Trevor Mahlmann, Northrop, Aerospace Kim, Miranda, We've, MLV, Firefly's Alpha, Lockheed Martin, Simone Biles, we're Organizations: Firefly Aerospace, Aerospace, Boeing, Elon, Elon Musk's SpaceX, Firefly's Alpha, CNBC, Firefly, Alpha, California's Vandenberg Space Force Base, Industrial Partners, Vandenberg Space Force, SpaceX, Lockheed, Payload Services, NASA, Blue Locations: U.S, Austin , Texas, California's, California, Northrop's, Briggs , Texas
ByteDance founder Zhang Yiming for the first time has emerged as China's richest person, according to a list compiled by Hurun Research Institute, leaving behind Nongfu Spring Chairperson Zhong Shanshan who has topped the rankings for three years. Midea founder He Xiangjian and CATL's CEO Zeng Yuqun took fifth and sixth places on the list. "The Hurun China Rich List has shrunk for an unprecedented third year running, as China's economy and stock markets had a difficult year," said Rupert Hoogewerf, Hurun report chairman and chief researcher. The current rich list predominantly comprises entrepreneurs from the technology, consumer electronics and new energy space, from what used to be dominated by real estate developers, Hoogewerf noted. "The stories of the individuals on the Hurun China Rich List tell the story of the Chinese economy," he said.
Persons: Zhang Yiming, Zhong Shanshan, Zhang, Zhong, ByteDance, Hurun, Ma Huateng, Colin Huang, Xiangjian, Zeng Yuqun, Rupert Hoogewerf, Hoogewerf, ByteDance's Zhang, Huang Organizations: Hurun Research Institute, Nongfu, Research Locations: Shanghai, China
Now Jackson and Johnson, who started college last year, have notched another achievement: authoring an academic paper detailing their original proof — plus nine more. In contrast, Jackson and Johnson were able to prove it using trigonometry — a subbranch of mathematics that focuses on the study of triangles. Jackson and Johnson’s study outlines five new ways of proving the theorem using trigonometry, and their method reveals five more proofs for 10 total. Johnson said she was happy to be able to show women and women of color in particular what can be achieved in a traditionally male-dominated field. So that makes me very proud to be able to be in that position,” Johnson said in a news release.
Persons: Ne’Kiya Jackson, Calcea Johnson, Michelle Obama, Jackson, Johnson, “ I’m, we’re, ” Johnson, , , Pythagoras, Tom Murdoch, what’s, ” Murdoch Organizations: CNN, Louisiana, Mary’s Academy, Mathematical, Sectional, Louisiana State University, Xavier University of Louisiana, University of Bristol’s School of Mathematics Locations: New Orleans, St, Atlanta, United Kingdom
Brittany Randall believes her 15-year-old daughter contracted E. coli after eating at McDonald's. My 15-year-old daughter, Kamberlyn, ate the same meal at McDonald's, a Quarter Pounder with cheese and extra pickles, on September 25 and September 27. Ten days later, we were transferred to the nearest children's hospital for her to receive dialysis treatment for a life-threatening complication of E. coli. Kamberlyn told me she felt a bit better after receiving fluids from the hospital. The Food and Drug Administration has identified the onions on McDonald's Quarter Pounders as a possible source of this outbreak.
Persons: Brittany Randall, , Kamberlyn Bowler, we'll, I'd, Kamberlyn, It's, she's, she'll, I'm, Bowler, Ron Simon, Joe Erlinger Organizations: Service, Business, McDonald's, Associates, Drug Administration Locations: Mesa County , Colorado
The S & P 500 is toting a 1.3% gain in October, but it's up more than 22% in 2024. He said his team expects the CBOE Volatility Index (VIX) , a measure of expected volatility, to remain elevated around 20 until after Election Day. Individual investors are already expressing some worries about how the markets might behave in the run-up to Nov. 5 – and the days that follow. Cash-secured puts can offer investors an opportunity to put cash to work and generate some income, he said. Covered call strategies have also come into play as a potential way for investors to contend with concentrated positions, he added.
Persons: Craig Johnson, Piper Sandler, Logan Queck, I'm, Malcolm Ethridge, Ethridge, they've, Ashton Lawrence, Cash, Lawrence Organizations: Wealth, CFP, Capital, IRS, Investment Company Institute, Mariner Wealth Advisors Locations: West Des Moines , Iowa, Washington ,, Greenville , South Carolina
Major equipment suppliers in Europe say that U.S. chip designers are calling on them to lower their water temperatures to accommodate the hotter AI chips, according to Herbert Radlinger, managing director at NDC-GARBE. Energy efficiency is high on the European Commission's agenda, as it seeks to reach its goal of reducing energy consumption by 11.7% by 2030. The EU predicted in 2018 that energy consumption of data centers could rise 28% by 2030, but the advent of AI is expected to boost that number two or threefold in some countries. Many of the recent discussions have focused on different ways to source "prime power" for AI data centers and for the potential for more collaboration with utilities, said Steven Carlini, chief advocate of AI and data centers and vice president at Schneider Electric. Liquid cooling will require a "reconfiguration," Gunen explained, adding that new data centers are already coming ready with this technology.
Persons: Goldman Sachs, Andrey Korolenko, Nvidia's Blackwell, we've, Winterson, CNBC Michael Winterson, Michael Winterson, Herbert Radlinger, Steven Carlini, Carlini, Schneider, Meta, Gunen, Equinix Organizations: Luza, CNBC, European Data Center Association, NDC, EU, Energy, Directive, Schneider, Schneider Electric, European, Nvidia, Blackwell Locations: Europe, Brussels, Equinix
Apple announced on Tuesday new Mac Mini models, featuring the first major redesign since 2010 that makes the desktop computer significantly smaller. The Mac Mini is Apple's least-expensive Mac, starting at $599, and does not include a display, which is sold separately. The Mac Mini is not one of Apple's highest-volume computers in terms of sales, but it is an important slot in Apple's lineup, especially for people who make apps for iPhones and other Apple platforms. Many iPhone developers like to run a Mac Mini as a personal development server for coordinating uploads and code. One improvement in the new design is that all of the ports are USB-C ports, the same more modern offering found on Apple's laptops.
Organizations: Apple, Microsoft Windows
(AP) — The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads. The grants announced Tuesday by the Federal Railroad Administration will go to projects across 41 states and Washington, D.C. Last year, the administration handed out $1.4 billion in these rail grants. But the majority of the money — nearly $1.3 billion — will go to 81 projects at smaller short line railroads across the country. Chuck Baker, president of the American Short Line and Regional Railroad Association trade group, said the grants will help those smaller railroads significantly.
Persons: Joe Biden, Pete Buttigieg, Louis, Chuck Baker, Baker Organizations: Federal Railroad Administration, Regulators, CSX, Amtrak, Union Pacific, Regional Railroad Association, FRA, Associated Press Locations: OMAHA, Neb, Washington, Norfolk Southern, East Palestine , Ohio, Hudson, Albany, Rensselaer , New York, Illinois, Norfolk, Springfield, Chicago, St, California’s Orange County, Michigan, Milwaukee, America, U.S
Electric vehicles, trade, tariffs, China, emissions regulations and labor are among the top issues automakers are monitoring, according to industry executives and policy experts. Harris vs. TrumpOfficials expect a Harris victory to be a continuation, but not a copy, of the past four years under Biden. Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S. October 18, 2024. Republicans, led by Trump, have largely condemned EVs, saying that they are being forced upon consumers and that they will ruin the U.S. automotive industry. LaborOf the many issues regarding the automotive industry, officials who spoke to CNBC were nearly unanimous regarding labor: They're concerned a Harris win would continue to mean increased power for organized labor.
Persons: Bill Pugliano, Kamala Harris, Donald Trump, Joe Biden, Harris, Jefferies, Philippe Houchois, Biden, Shawn Fain, Drew Angerer, Brian Snyder, , Elon Musk's, Trump, Pablo Di Si, EVs, Harris hasn't, Peter Rawlinson, Rawlinson, That's, Trump's, USMCA, Mary Barra, hasn't, Fain Organizations: Ford, Ford Dearborn Plant, Getty, DETROIT, Motor, Great, Trump, CNBC, Trump Officials, United Auto Workers, Democratic, International Union of Painters, AFP, Republican, Reuters, Motors, Ford Motor, Chrysler, EV, Lucid, Tesla, California Air Resources, D.C, District of Columbia, Alliance for Automotive Innovation, U.S . Officials, IRA Electric, Volkswagen Group of America, Automotive, Republicans, Environmental Protection Agency, . North, North American Free Trade, Jefferies, Labor, Democratic National Convention, UAW Locations: Dearborn , Michigan, Michigan, Motor City, Great Lakes State, China, Macomb , Michigan, California, Hamtramck , Michigan, U.S, Detroit, Washington , Oregon, New York, Washington, . North American, United States, Mexico, Canada, American
In a nod to the nation celebrating Halloween this week, the Power Rankings have searched far and wide for Something Scary for each team. ETLast week: 7Sunday: Beat Seattle Seahawks 31-10Something Scary: The turnover marginRight now, it’s great. ETLast week: 11Sunday: Beat Tampa Bay Buccaneers 31-26Something Scary: The pass rush curseBaker Mayfield threw 50 passes Sunday. Arizona Cardinals (4-4)Last week: 21Sunday: Beat Miami Dolphins 28-27Something Scary: The scoring defenseArizona’s opponents are averaging 2.64 points per drive. Dallas Cowboys (3-4)Last week: 16Sunday: Lost to San Francisco 49ers 30-24Something Scary: The run gameEzekiel Elliott led the Cowboys with 10 carries for 34 yards on Sunday.
Persons: Jared Goff, DeAndre Hopkins, He’ll, Patrick Mahomes, Hopkins, He’s, Bo Nix, Andy Dalton, Gardner Minshew, Deshaun Watson, Love, Josh Allen, Allen, C.J, Stroud, Cedric Tillman, Jason Miller, Mike Macdonald, Zach Orr, There’s, Dean Pees, Winston, Jayden Daniels, Daniels, Caleb Williams, didn’t, Mary, That’s, Turner, Brian Flores, haven’t, George Kittle, Lachlan Cunningham, Brandon Aiyuk, Baltimore, Buffalo’s James Cook, Baker Mayfield, Mike Evans, Chris Godwin, Rakim Jarrett, Jaleel McLaughlin, Nate Adkins, Morgan Engel, Sean Payton, Jim Harbaugh, Justin Herbert The, Harbaugh, who’s, Herbert, Williams, Sunday’s, Cooper Kupp, Puka, Sean McVay, Cooper, Tua Tagovailoa, Anthony Richardson’s, TruMedia, Richardson, Joe Flacco, Colts HC Shane Steichen, Anthony Richardson, — James Boyd, Ezekiel Elliott, Jerry Jones, Derrick Henry, Henry, Jameis Winston, Cleveland, Watson, Justin Herbert, Nathan Shepherd, Bradley Bozeman, Shepherd, pic.twitter.com, 2ybL6tK9YL — Nate Tice, Tyrone Tracy, Alexander Mattison, Drake, Maye, They’ve, Aaron Rodgers, Mike McDaniel, McDaniel, Christian Kirk, Brian Thomas Jr, Kirk, Thomas, Calvin Ridley, Lloyd Cushenberry, Chidobe, Tony Pollard, Kenneth Murray, Ridley, it’s, Bryce Young, Steph Chambers Organizations: Lions, Panthers, Beat Tennessee Titans, Green Bay Packers, Las Vegas Raiders, Tampa Bay Buccaneers, Chiefs, Beat Jacksonville Jaguars, Jaguars, Detroit Lions, Beat Seattle Seahawks, Bills, 49ers, Miami Dolphins, Beat Indianapolis, Texans, EPA, AFC, New York Jets, Trenton Simpson, Ravens, Browns, Cleveland Browns, Denver Broncos, Beat Chicago Bears, Washington, New York Giants, Los Angeles Rams, Rams, Indianapolis Colts, Vikings, Beat Cincinnati Bengals, Bengals, Eagles, Philly, Jacksonville Jaguars, Beat New York Giants, Cowboys, San Francisco 49ers, Beat Dallas Cowboys, Seattle Seahawks, Buffalo Bills, Seahawks, Seattle, Falcons, Dallas Cowboys, Atlanta Falcons, Tampa Bay, Atlanta, Bucs, Kansas City Chiefs, Broncos, Sunday, Beat Carolina Panthers, Denver, Baltimore Ravens, Beat New Orleans Saints, NFL, Los, Chicago Bears, Bears, Arizona Cardinals, Beat Minnesota Vikings, Beat Miami Dolphins, Cardinals, Dolphins, Cincinnati Bengals, Philadelphia Eagles, Houston Texans, Indianapolis, Colts, Minnesota Vikings, Colts HC, Dallas, Giants, Steelers, Cowboys isn't, Beat Baltimore Ravens, Los Angeles Chargers, New, New Orleans Saints, Chargers, Carolina Panthers, Bradley, Pittsburgh Steelers, Raiders, Beat New York Jets, Patriots, Tennessee Titans, New England Patriots, Jets, Miami, Green Locations: Detroit, Green, Buffalo, Baltimore, Chicago, San Francisco, Los Angeles, Washington, Cincinnati, New Orleans, Las Vegas, New England, New York, Tennessee
AdvertisementBehind the booming appetite for new smells is Gen Z. AdvertisementIf there's one thing Gen Z loves, it's a name for something. Under the handle @juliaperfumery, she shares perfume reviews for her primarily Gen Z audience against the backdrop of her New York City apartment's perfume closet. "If there's one thing Gen Z loves, it's a name for something," O'Toole says. There are back-to-school scents, scents to win your ex back, scents to smell like Vanessa Paradis in Paris in the '90s — the list goes on.
Persons: Julia Dovgal, douse, mother's Chanel, Dior, Jo Malone's, Wood, Dovgal, She's, Circana, Gen Zers, Gen Xers, It's, Piper Sandler, Valentino, Jean Paul Gaultier, Maison Francis Kurkdjian's, TikTok, Phlur, , it's, Juliette, Emelia O'Toole, There's, O'Toole, We've, Vanessa Paradis, Piper, Cathrine Jansson, Boyd, " Jansson, Gen Z, Chanel, Marilyn Monroe, Catherine Deneuve, Nicole Kidman, isn't, Gris Charnel, Jansson, Bella, Susan Wai Hnin, Zers Organizations: Saks, Perfume, Anglia Ruskin University, Urban Outfitters, rockstar Locations: Salt, Bath, New York City, TikTok, New York, Paris, London
McDonald's executives say E. coli outbreak is 'behind us'
  + stars: | 2024-10-29 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +3 min
A week after health authorities publicly linked a deadly E. coli outbreak to McDonald's Quarter Pounder burgers, the company's CEO, Chris Kempczinski, told investors that the situation is now behind them. On Sunday, McDonald's said Quarter Pounder burgers would return to the roughly 900 restaurants where the company had pulled the menu item following the outbreak. McDonald's has stopped sourcing onions from the supplier indefinitely and will return the Quarter Pounder to menus sans slivered onions. As of Friday, 75 health cases across 13 states have been tied to the outbreak, including one death of an older adult. At least three lawsuits have already been filed against McDonald's by victims of the outbreak.
Persons: Chris Kempczinski, we've, Kempczinski, McDonald's, Ian Borden, Borden Organizations: and Drug Administration
McDonald's says daily sales took a hit as some customers avoided its restaurants during the E. coli outbreak. AdvertisementA number of McDonald's US customers stayed away from the arches last week as news of the E. coli outbreak spread. The company said Tuesday that daily sales took a hit as customers avoided its restaurants during the health scare. Related storiesOver the weekend, health officials linked the outbreak to slivered onions from a single supplier, an ingredient ordinarily used on McDonald's Quarter Pounder burgers. McDonald's began resuming sales of Quarter Pounders in the affected areas this week, although some locations will not serve the entrée with onions.
Persons: McDonald's, , Ian Borden, Chris Kempczinski, Borden, Kempczinski, we've Organizations: Service Locations: Colorado
McDonald's on Tuesday reported quarterly earnings and revenue that beat analysts' expectations as its U.S. restaurants reversed last quarter's same-store sales decline. It's the second straight quarter that the company's same-store sales have fallen. U.S. same-store sales rose 0.3%, reversing last quarter's same-store sales declines but still slightly weaker than the 0.5% increase predicted by StreetAccount estimates. The company's two international divisions both reported steeper declines in same-store sales compared with the prior quarter. The international developmental licensed markets division reported same-store sales declines of 3.5%, driven by weak demand in the Middle East and China.
Persons: McDonald's, Ian Borden, Chris Kempczinski, Kempczinski Organizations: Health, LSEG Locations: France, Germany, Australia, East, China
The US Air Force majorly overpaid for C-17 spare parts, including bathroom soap dispensers, per a Pentagon watchdog. AdvertisementThe US Air Force overpaid for spare parts for a C-17 military transport aircraft manufactured by Boeing, according to a new watchdog report. The audit, which detailed cost issues with a variety of C-17 spare parts, blamed the overpayment on a lack of oversight by the Air Force. The C-17 is a workhorse for the Air Force and joint force, transporting troops and a variety of assets. US Air Force photo by Staff Sgt.
Persons: , Brandon Vasquez, Cory D, Payne, Robert P, Storch Organizations: US Air Force, Pentagon, Service, Boeing, Air Force, Department of Defense, Spc, Defense Contract Management, Staff, Air
Washington Post owner Jeff Bezos defends decision not to endorse
  + stars: | 2024-10-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWashington Post owner Jeff Bezos defends decision not to endorseEric Dezenhall, Dezenhall Resources chairman, joins 'Squawk Box' to discuss news of Washington Post owner Jeff Bezos blocking the newspaper's endorsement of Vice President Kamala Harris for president, McDonald's response to its E. coli outbreak, and more.
Persons: Jeff Bezos, Eric Dezenhall, Kamala Harris Organizations: Washington, Dezenhall, Washington Post
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