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☆ McDonald's and Chick-fil-A are tracking your location to make sure your fries are perfectly crispy when you come collect your mobile order
▼ + stars: | 2023-05-29 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

McDonald's and Chick-fil-A are tracking the locations of customers who place mobile orders. McDonald's introduced a geofencing feature to its app in March. Restaurant Business reported that McDonald's geofencing technology alerts a restaurant when a mobile order customer is three minutes away. It includes an order-ahead lane where customers can drive up and retrieve mobile orders from a conveyer belt, dedicated parking spots for delivery drivers, and pick-up shelves where customers can collect orders. Chick-fil-A has also tested an express drive-thru lane exclusively for mobile orders, allowing them to skip the traditional drive-thru line.

☆ McDonald's says people are cutting back on ordering fries with their burgers as consumers tighten their budgets
▼ + stars: | 2023-04-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Fewer McDonald's customers are ordering fries with their burgers. The growth in the number of customers ordering delivery is also slowing down, execs said Tuesday. McDonald's is still a "beneficiary" of the slowing economy as people switch to the chain to save money, its CFO said. "We are seeing a slight decrease in units per transaction," CEO Chris Kempczinski told investors. McDonald's told investors last summer that some diners, "particularly lower-income customers," have been trading down to value offerings and ordering fewer combo meals.

☆ McDonald's earnings beat estimates as U.S. traffic grows despite price hikes
▼ + stars: | 2023-04-25 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

All three of its divisions reported same-store sales growth of 12.6%. In its home market, higher menu prices and increased traffic fueled same-store sales growth, which topped StreetAccount estimates of 7.9%. McDonald's U.S. traffic rose for the third consecutive quarter, bucking the industry trend of slipping traffic as menu prices rise. Its international operated markets, which include the United Kingdom, France, Germany and Australia, beat StreetAccount estimates of 8.5% same-store sales growth. Its international developmental licensed markets segment, which includes China and Japan, topped same-store sales expectations of 10.5%.

Trump will make a speech at his Mar-a-Lago home in Palm Beach, Florida, his gilded getaway. Palm Beach, Florida, his gilded getaway. Here's a look inside the exclusive resort that the public doesn't get to see. He is due to give a speech to supporters addressing the charges at Mar-a-Lago after his arraignment on Tuesday evening. During Trump's presidency, the exclusive resort was often referred to as "the winter White House."

☆ How McDonald’s won over China
▼ + stars: | 2023-02-28 | by ( Shawn Baldwin | ) www.cnbc.com time to read: 1 min

McDonald's is one of the world's largest restaurant chains, drawing 60 million customers daily at more than 40,000 locations worldwide. The fast food giant plans to open 1,900 new restaurants this year, almost half of them in China, McDonald's CFO Ian Borden told analysts on an earnings call in January. McDonald's got its start in China in the early '90s. Today, the chain has more than 4,500 restaurants in mainland China and Hong Kong with considerable room for growth. Even still, China is McDonald's second-largest market by store count, behind the U.S.

☆ McDonald's tops profit estimates, warns short-term inflation to persist
▼ + stars: | 2023-01-31 | by ( Hilary Russ | ) www.reuters.com time to read: +3 min

[1/3] McDonald's Crispy Chicken Sandwiches and fries are pictured in New York, U.S. March 30, 2021. REUTERS/Hilary RussJan 31 (Reuters) - McDonald's Corp (MCD.N) on Tuesday beat Wall Street estimates for quarterly profit on higher menu prices, even as it warned short-term inflationary pressures would persist in 2023. McDonald's benefited from higher menu prices, increased restaurant traffic and sales in the UK, Germany and France rose despite fears of a recession in Europe. Visits to some other fast-food chains started to fall last summer as they hiked menu prices, he said. McDonald's U.S. comparable sales rose 10.3% in the quarter ended Dec. 31.

☆ McDonald's sales surge, warns short-term inflation to persist
▼ + stars: | 2023-01-31 | by ( Hilary Russ | ) www.reuters.com time to read: +3 min

[1/2] A huge advertisement for a branch of fast-food giant McDonald's is seen on the outskirts of Berlin, Germany, April 22, 2016. The burger chain's global same-store sales increased 12.6% in the fourth quarter ended Dec. 31, compared with estimates for an 8.6% rise, according to IBES data from Refinitiv. That is compared to a 0.6% decline for fast food overall in the fourth quarter over the previous year. Visits to some other fast-food chains started to fall last summer as they hiked menu prices, he said. McDonald's U.S. comparable sales rose 10.3% in the quarter.

☆ McDonald's beats profit estimates, warns short-term inflation to persist
▼ + stars: | 2023-01-31 | by ( Hilary Russ | ) www.reuters.com time to read: +3 min

REUTERS/Hilary RussJan 31 (Reuters) - McDonald's Corp (MCD.N) on Tuesday beat Wall Street estimates for quarterly profit on higher menu prices, even as it warned short-term inflationary pressures would persist in 2023. McDonald's benefited from higher menu prices, increased restaurant traffic and sales in the UK, Germany and France rose despite fears of a recession in Europe. Even so, traffic rose 5% for full-year 2022 as McDonald's meals remained less expensive than many competitors, drawing low-income consumers. Visits to some other fast-food chains started to fall last summer as they hiked menu prices, he said. McDonald's U.S. comparable sales rose 10.3% in the quarter ended Dec. 31.

☆ Public-cloud providers are reimagining themselves as consultants. Here's how AWS, Azure and Google Cloud are helping finance firms use the tech to rethink their business.
▼ + stars: | 2022-11-29 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

In turn, public-cloud providers are reimagining themselves as business consultants. Wall Street firms are embracing the cloud for everything from research to risk and marketing. Cloud providers are building teams to interface with execsFinancial firms making the jump to the cloud are thinking beyond their IT divisions. Some of the largest Wall Street shops are taking the opportunity to rethink how they run their businesses entirely. Wall Street uses cloud to hit the reset buttonSelipsky's comments ring true on Wall Street, where cloud projects can have firm-wide ripple effects.

☆ McDonald’s is giving people the chance to win free food for life
▼ + stars: | 2022-11-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN Business —For the holidays, McDonald’s is giving away free meals for life. Beginning December 5, every order completed in the McDonald’s app for at least $1 will enter customers into a contest to win a McGold Card. Three winners will get a special card that earns them free McDonald’s for life. The McGold Card has been around for years, with some heavy hitters reportedly holding them, including Warren Buffett, Bill Gates and actor Rob Lowe. “Our fans have been fascinated by the lore of the McGold Card and if it really exists.

Former President Donald Trump made official his plan to run for president again. Here's a look inside the exclusive resort that the public doesn't get to see. Former President Donald Trump announced his intent to run for a second presidential term at his Mar-a-Lago residence in Palm Beach, Florida. During Trump's presidency, the exclusive resort was often referred to as "the winter White House." Following the end of his presidential term, Trump decamped to the ornate resort.

☆ Oracle layoffs finally hit its all-important cloud unit, as sources say as many as 200 are laid off
▼ + stars: | 2022-11-01 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +1 min

Oracle laid off as many as 200 employees in its cloud unit on Tuesday, two sources tell Insider. The cloud unit has largely been insulated from layoffs this year. Oracle's cloud unit on Tuesday laid off as many as 200 employees, according to two people familiar with the matter. The company has had layoffs throughout the year, but its important Oracle Cloud Infrastructure (OCI) unit has been insulated unit now. Oracle last week began layoffs in a separate cloud unit, North America Cloud Infrastructure & Technology (NACT) unit, according to internal emails viewed by Insider.

☆ CFOs Detail Plans to Manage Inflation, Shifts in Consumer Demand
▼ + stars: | 2022-10-28 | by ( Kristin Broughton | ) www.wsj.com time to read: +7 min

Ian Borden, McDonald’s CFO Photo: McDonald'sThere are really a couple of drivers for this year that resulted in that adjusted outlook. I think what I would say, coming into the role, is certainly it’s an area that I’m going to be focused on. But so far, we’ve seen [a] continued strong impact on our recommendations products from advancing developments in our AI work. We do expect that to be considerably higher than what we’ve seen in the past, reflecting the inflation that we’re dealing with across the business. When we talk about the impact of inflation, it is not just a domestic impact, it’s international as well.

☆ As prices soar, consumers turn to McDonald’s
▼ + stars: | 2022-10-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

New York CNN Business —Inflation is relentlessly high and food prices in particular are soaring. In the third quarter, McDonald’s US prices were up about 10% year-over-year on average. McDonald's prices were up about 10% year-over-year in the third quarter. Some might also be trading down to McDonald’s from more expensive chains or restaurants as menu prices increase at a slower clip than prices in grocery stores. “We feel very good about … McDonald’s value proposition,” said CEO Chris Kempczinski during the call.

☆ 13 careers where over 50% of workers are happy with their pay
▼ + stars: | 2022-09-23 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Go into product management, engineering or real estate, where workers are more likely to say they feel well-compensated for their jobs. That's according to LinkedIn's Workforce Confidence Index, which surveyed more than 32,000 U.S. workers from June to September. Roughly 60% of workers in each of these fields say they feel well-compensated for their work, compared with the average 49% of U.S. workers who report feeling happy about their earning power. Careers where people are least happy with their pay include:Educators: 39% Entrepreneurs: 41% Social services workers: 43%Interestingly, some of the workers happiest with their compensation also feel most empowered to ask for a raise soon. Meanwhile, many workers who feel underpaid are also least likely to negotiate a raise out of concerns for their job security.

☆ Here's a look at the British monarchy's full family tree for the past 100 years — from King George V to well-known royals like Princes William and Harry
▼ + stars: | 2022-09-08 | by ( Shayanne Gal | Áine Cain | Taylor Borden | ) www.businessinsider.com time to read: +1 min

Here's a look at the entire tree of families that are descended from King George V — the UK's first Windsor king. The royal family tree of Britain's monarchy is quite a thing to behold. King George V, the first monarch from Britain's House of Windsor, and his wife Mary of Teck had six children. As a result, well-known royals like Prince George of Cambridge and his younger siblings Princess Charlotte and Prince Louis have tons and tons of less-famous cousins. Here's an in-depth look at the British royal family tree, beginning with the family that started it all.

In March 2019, Forbes dubbed then 21-year-old Kylie Jenner the world's youngest "self-made" billionaire. The magazine later admitted Jenner had exaggerated the size of her business and pegged her true net worth at $600 million. Here's how Jenner has made her millions, from Kylie Cosmetics to TV appearances to product endorsements. Kylie Jenner, the ever controversial reality star, is 25 years old. Forbes previously declared Jenner the world's youngest "self-made" billionaire at age 21, thanks to her makeup company, Kylie Cosmetics.

☆ Can you — or should you — buy a house right now? Take our quiz to find out if rising rates and soaring prices will squeeze you out of your dream home.
▼ + stars: | 2022-06-29 | by ( Kelsey Neubauer | Andy Kiersz | Kazi Awal | ) www.businessinsider.com time to read: +3 min

Rising mortgage rates, scant inventory, and soaring home prices are hard for house-hunting hopefuls. Take our quiz to find out if you're financially prepared to buy a house, even in this tough market. In 2020 and 2021, record-low mortgage rates and newfound work-from-home flexibility turbocharged demand for housing, resulting in astronomical price increases and seemingly endless bidding wars. Then see whether prevailing personal-finance advice recommends that you buy — and what your monthly mortgage payments would look like if you do. Zillow provides real-time mortgage rates.

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Gunther and his wife, Anastasiia, purchased a 120-year-old church in Maryland for $320,000 in 2017. The All Saints' Church became All Saints House, where the couple lives with their 3 children. Now the pair and their three children live in the 120-year-old All Saints' Church, which they renamed All Saints House. Despite their best-laid plans when buying the house, Gunther and Anastasiia would be in for some unexpected costs. "We still have so many things we want to do at All Saints House," Gunther said.

☆ A homeless Detroit man bought an abandoned house for $1,500 and spent 10 years renovating it for his wife. Here's how he did it — and what it looks like now.
▼ + stars: | 2020-11-10 | by ( Libertina Brandt | Taylor Borden | ) www.businessinsider.com time to read: +2 min

Before purchasing the home, Gray told Business Insider that he was homeless and living in his niece's basement. In an interview with Business Insider, Gray explained how he turned the home into a livable space for both him and his wife. The story of their four-bedroom home dates back to November 2009, when Gray bought it from his nephew for just $1,500. He told Business Insider he was homeless and that despite having a college degree, he was unable to find work in Detroit. Gray told Business Insider that after getting hit by a car in 2008, he used some of the settlement money to buy the property.

☆ A couple paid just $55,000 for an 80-year-old general store. See how they transformed it into a $600,000 dream home that's now for sale.
▼ + stars: | 2020-10-06 | by ( Jordan Pandy | Libertina Brandt | Taylor Borden | ) www.businessinsider.com time to read: +2 min

In 2018, Rod Roddy and Lisa Cinnater bought an old general store in Louisiana for $55,000. Roddy broke down the painstaking renovation and why they're finally ready to sell to a lucky buyer. When they were approached with the opportunity to buy the old OJ Mire General Store in 2018, they were in the process of renovating another home owned by the Mire family. After taking a tour of the store, the couple purchased it for $55,000. Roddy and Cinnater spent just over a year turning that old general store, which had sat vacant for nearly 40 years, into a proper home.

☆ 9 countries where you can easily buy citizenship and how to do it
▼ + stars: | 2020-10-01 | by ( Taylor Borden | ) www.businessinsider.com time to read: +3 min

A number of countries in the Caribbean and Europe offer "Citizenship by Investment" programs, where the elite can invest in a country in exchange for citizenship. Among that ranking are a handful countries with "Citizenship by Investment" programs. Visa-free access to other countries was previously one of the main reasons for securing dual citizenship, but the coronavirus pandemic has rendered that reasoning "useless," according to Lesperance. That doesn't mean dual citizenship isn't worth it for "fire-escape plan" purposes. We've rounded up nine countries with "Citizenship by Investment" programs below, along with the minimum cost, the expected timeframe for the process, and how powerful the passport is.

☆ How Juneteenth, the day commemorating the end of slavery in the US, finally became recognized as a holiday by major companies like Nike and Lyft — and landed in the center of a Trump controversy
▼ + stars: | 2020-06-15 | by ( Taylor Borden | ) www.businessinsider.com time to read: +5 min

While it is not a federal holiday, many companies like Twitter and Nike are now choosing to recognize the day by closing offices. President Donald Trump drew controversy by scheduling a rally in Tulsa, Oklahoma on Juneteenth — the site of a 1921 race massacre. Juneteenth, a portmanteau of "June" and "nineteenth," has been commemorated by Black Americans as an independence day in Texas since 1866. On June 12, NFL commissioner Roger Goodell announced that the league will recognize Juneteenth by closing offices, as well. JEFF KOWALSKY/AFP via Getty ImagesPresident Donald Trump's announcement to start his 2020 election campaign rallies in Tulsa on Juneteenth immediately stirred controversy.

Persons: Donald Trump, —, Abraham Lincoln, General Gordon Granger, Juneteenth, Sen, Bernie Sanders, Jack Dorsey, Roger Goodell, George Floyd, Bastiaan, JEFF KOWALSKY, Donald Trump's, Trump's, Trump, Tim Scott Organizations: Americans, Twitter, Nike, Service, Black Americans, Austin History, Austin Public, House, NFL, Getty Images Trump, Juneteenth, Greenwood, Getty, Republican, CBS Locations: Texas, Tulsa , Oklahoma, Galveston, Austin , Texas, Americas, Minneapolis , Minnesota, Philadelphia , Pennsylvania, Tulsa, Battle Creek , Michigan, AFP, Juneteenth, Lincoln

☆ The Hiltons: How One Dynastic Family Got Rich and Famous
▼ + stars: | 2020-02-20 | by ( Elana Klein | Taylor Borden | ) www.businessinsider.com time to read: +1 min

Throughout the 1920s, Conrad Hilton continued to buy and build hotels in Texas. Conrad Hilton testing a bed in the Waldorf Astoria in 1949, finding it springy. In 1946, the Hilton Hotel Corporation was formed. The New York State Realty and Terminal Company owned the land and was also concerned that he would run it down. He decided to use his own money instead of Hilton Hotel Corporation's.

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