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"The fact remains that in order to provide the consumer with more affordable options, they must be affordable for the owner/operators. McDonald's vast resources and financial investment are essential to any sustainable affordable strategy," the board of the National Owners Association wrote in a letter to membership. McDonald's declined to comment on the NOA letter to its membership. In a statement to CNBC last week on the value meal the company said, "We know how much it means to our customers when McDonald's offers meaningful value and communicates it through national advertising. These ideas were initially floated by the advocacy group earlier in the year, as it pushed to add affordable options to the menu without discounting "core and iconic" items.
Persons: McDonald's, That's, NOA, Chris Kempczinski Organizations: National Owners Association, CNBC Locations: Oakland , California
CNN —The Minnesota Timberwolves produced a historic 20-point comeback to eliminate the defending champion Denver Nuggets 98-90 in Game 7 of the Western Conference semifinals. Minnesota now advances to the Western Conference Finals for the first time in 20 years, while the Nuggets become the fifth straight defending champion to fall before the conference finals. Karl-Anthony Towns had 23 points and 12 rebounds for the Timberwolves, while Jaden McDaniels also added 23 points to go with six rebounds. Jamal Murray had a game-high 35 points for the Nuggets, while Nikola Jokić had 34 points, 19 rebounds and seven assists. Pacers stun Knicks in Game 7 at MSGThe Indiana Pacers enjoyed a historic shooting night to eliminate the New York Knicks 130-109 in Game 7 at Madison Square Garden.
Persons: Anthony Edwards, , Anthony Towns, Jaden McDaniels, Edwards, Jamal Murray, Nikola Jokić, Murray, Jokić, AAron Ontiveroz, Michael Malone, Rick Carlisle, you’ve, Tyrese Haliburton, Andrew Nembhard, Pascal Siakam, Jalen Brunson, Donte DiVincenzo, Josh Hart, Hart Organizations: CNN, The Minnesota Timberwolves, Denver Nuggets, Western Conference, Western, Nuggets, ESPN, ” Timberwolves, Timberwolves, Ball Arena, Karl, Denver Post, Dallas Mavericks, Wednesday, Pacers, The Indiana Pacers, New York Knicks, Madison, Knicks, Boston Celtics, Eastern Locations: Minnesota, Minneapolis, Madison Square
CNN —The ultraprocessed foods your kids eat now may be putting them a greater risk for cardiometabolic problems – like heart attack, stroke and diabetes – in adulthood, a new study suggests. Researchers divided the data from the children into three groups based on the amount of ultraprocessed food they ate. “This particular topic, ultraprocessed food consumptions and risk, is a very important topic in kids,” he said. The ultraprocessed foods kids eat now may have lasting impacts, a new study suggests. In places where fresh food might be harder to obtain, ultraprocessed foods are more accessible and inexpensive, Freeman said.
Persons: , Stuart Berger, Andrew Freeman, Berger, Robert H, Lurie, Brendan Smialowski, ” Freeman, , Freeman, there’s Organizations: CNN, American Academy of Pediatrics, Food and Agriculture Organization, United Nations, Jewish Health, Ann, Lurie Children’s Hospital, Getty, BMI Locations: Spain, Denver, Chicago, AFP
McDonald's is set to offer a $5 value meal in the U.S., but only for a limited time. "We know how much it means to our customers when McDonald's offers meaningful value and communicates it through national advertising. That's been true since our very beginning and never more important than it is today," McDonald's said in a statement to CNBC. CNBC last week reported the fast-food giant was working to bring a value offering to menus, with details being discussed and voted on by franchisees. McDonald's recently reported a mixed first quarter, with U.S. same-store sales slightly missing expectations.
Persons: That's, McDonald's, Chris Kempczinski, John Palmaccio, — CNBC's Amelia Lucas Organizations: CNBC, U.S, National Advertising Fund Locations: U.S
CNN —Newly crowned three-time NBA Most Valuable Player (MVP) Nikola Jokić put on a show and proved why he is the rightful recipient of the award in the Denver Nuggets’ 112-97 playoff victory over the Minnesota Timberwolves on Tuesday. So good was Jokić’s performance that teammates and opponents alike were lavishing him with praise after the game. He’s the best player in the NBA, he showed it the last three games, three games in a row. Only five teams in NBA history have come back to win a best-of-seven series when losing the first two at home. Brunson, who bounced back impressively after a poor showing in Game 4, also added seven assists and four rebounds.
Persons: Nikola Jokić, Rudy Gobert, Aaron Gordon, , , Anthony Edwards, Jokić “, ” “, ” Edwards, He’s, ” Gordon, Jamal Murray, Karl, Anthony Towns, Edwards, Garrett Ellwood, “ Nikola, Michael Malone, Brunson, Pacers Jalen Brunson, LeBron James, Pascal Siakam, Tyrese Haliburton Organizations: CNN, Denver Nuggets, Minnesota Timberwolves, Denver, Nuggets, ESPN, , NBA, Timberwolves, Western, Knicks, Pacers, New York Knicks, Indiana Pacers, Eastern Locations: Serbian, Minnesota, Minneapolis, Indianapolis, Indiana
McDonald's reportedly plans to launch a limited-time $5 meal. AdvertisementMcDonald's is looking to launch a $5 meal in the US in a move to bring back price-sensitive customers. CEO Chris Kempczinski said McDonald's has local value meals around the US, but no standard national offering like competitors do. A meal consisting of the same four items — a McChicken, fries, a drink, and four-piece chicken nuggets — costs $18.26 in downtown New York City. AdvertisementThe new bundle would be priced lower than a Happy Meal, which starts at $6.39 in downtown Manhattan.
Persons: McDonald's, , Ian Borden, they're, Chris Kempczinski, Gunther Plosch Organizations: Service, Bloomberg, Restaurant Business, Customers, downtown, Burger King, Restaurant Brands Locations: New York City, downtown San Francisco, Manhattan
NOVA separates foods into four groups, starting with natural and minimally processed foods in the first category to ultraprocessed foods, which use industrial formulations and manufacturing techniques, in the fourth. Here are five things to know about ultraprocessed foods:Ultraprocessed foods are linked to bad health outcomesEating a lot of ultraprocessed foods isn’t healthy. We have one.”Ultraprocessed foods cause weight gainThat one randomized, controlled clinical trial showed that ultraprocessed foods actually caused people to gain weight. So, all those factors probably play a huge role in … the foods that we choose to eat in the real world.”Not all ultraprocessed foods are badSome ultraprocessed foods can provide important nutrients, such as whole wheat bread and yogurt. “Which goes to show that not all ultraprocessed foods necessarily drive this effect.”Hall’s team is conducting a new study to tease out which ultraprocessed foods are harmful and which are neutral, or even healthy.
Persons: Marion Nestle, Meg Tirrell, Paulette Goddard, Nestle, , ” Nestle, Kevin Hall, ” Hall, Tirrell, shouldn’t, you’re, we’re Organizations: CNN, University of São Paulo, NOVA, Nestle, New York University, National Institute of Diabetes, National Institutes of Health Clinical, , National Health, US Department of Agriculture, US Food and Drug Administration Locations: Brazil, Bethesda , Maryland
CNN —Many people love their ultraprocessed foods. More than 70% of the US food supply is made of ultraprocessed food. But a diet heavy in ultraprocessed food isn’t good for us, science has shown. Eating ultraprocessed foods raises the risk of developing or dying from dozens of health conditions, according to a February review covering nearly 10 million people. The no-fly list of ultraprocessed food is loaded with store-bought chips, sugar-packed yogurts and candy-filled trail mix.
Persons: Skip, Al Bochi, Casey Barber’s, Suzy, Karadsheh, Bochi’s, Parfaits, CNN’s Sandee LaMotte, Madeline Holcombe Organizations: CNN, Food and Agriculture Organization, United Nations, Olive, Olive Tree Nutrition Locations: Olive Tree
McDonald’s is working to introduce a $5 value meal
  + stars: | 2024-05-10 | by ( Kate Rogers | ) www.cnbc.com   time to read: +2 min
McDonald's is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The value meal was first reported by Bloomberg News. The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands. Mentions of low-income consumers on company earnings calls are at their highest levels in nearly two years, according to data from Bank of America. An initial proposal by McDonald's for the $5 value meal did not clear necessary hurdles, and additional details are now being discussed, according to a person familiar with the process.
Persons: McDonald's, Dave, Buster's, Chris Kempczinski, Kempczinski, Ian Borden, — CNBC's Amelia Lucas Organizations: CNBC, Bloomberg News, Bank of America, McDonald's, U.S Locations: U.S
Read previewWarren Buffett let slip a slew of intriguing facts and anecdotes during Berkshire Hathaway's annual shareholder meeting on Saturday. But the Berkshire CEO also warned of higher taxes, teased a potential Canadian investment, and revealed a $500 million gift of Berkshire stock. Cash hoardBerkshire's mountain of cash and Treasury hit a record $189 billion last quarter, and it's likely to swell to more than $200 billion this quarter, Buffett said. Taxing timesThe government will probably raise taxes in the coming years in a bid to balance its budget, Buffett said. Pocket changeBuffett claimed that if he had only $1 million to invest instead of nearly $200 billion, he could earn a 50% annual return.
Persons: , Warren Buffett, Buffett, he'd, Costco Buffett, Charlie Munger, Charlie, Talia Lakritz, he's, Todd Combs, Ted Weschler, Greg Abel, Greg, Munger, Abel, haven't, Ruth Gottesman, Sandy Gottesman, Brent N, Clarke, Garry Kasparov, Kasparov, B Organizations: Service, Paramount, Business, Treasury, Costco, Albert Einstein College of Medicine, Getty, Berkshire, Nebraska Furniture Locations: Berkshire, Russian, Omaha, Costco . Berkshire, Wisconsin, Canada, Nebraska
CNN —Denver Nuggets star center Nikola Jokić was named the NBA’s Most Valuable Player on Wednesday, marking the third time he has been awarded the honor in four seasons. Jokić becomes the ninth player in NBA history to win the award at least three times. He thanked his teammates and coaches when asked about his thoughts on his string of MVP awards. “Without them, I am nothing,” Jokić told NBA on TNT. Nuggets head coach Michael Malone lauded Jokić in February after the player racked up a league-leading 15th triple-double of the season.
Persons: Nikola Jokić, Jokić, Luka Doncic, Shai Gilgeous, Alexander, ” Jokić, , Michael Malone, , he’s, ” Malone, ” Jokic Organizations: CNN, Denver Nuggets, Serbian, Nuggets, Western Conference, Dallas Mavericks, Oklahoma City Thunder, , NBA, TNT, Minnesota Timberwolves
She shared her strategy for acing job interviews, which includes having five key questions ready. She recently posted a TikTok about five questions she has ready for a job interview. Lindstrom says she believes asking at least some of these questions is why she's always landed a role she interviewed for. I really drove home that it doesn't stop at 5 p.m. My job stops when my job is done. I wanted my audience to know that asking about it is so important because if you're miserable in your job, you're only setting yourself up to fail.
Persons: Kendal Lindstrom, , Lindstrom, she's, you've, I've, it's, I'm, that's, That's Organizations: Service, Starbucks Locations: Scottsdale , Arizona
Vista Equity Partners, the private equity giant that's known for its tech investing, doesn't want its analysts using generative AI for due diligence. "And we do want our humans to actually go and read the stuff that's important that's going to make billion-dollar decisions in the diligence side." Other private equity firms, like the Swedish giant EQT, have introduced generative AI to the due diligence process, BI previously reported. Vista Equity Partners, which is in the business of buying companies, improving them, and selling them for a profit, employs people whose sole job is to transform operations of portfolio companies and help them scale, Saroya said. He added that the firm created a reference guide for its portfolio companies, including the data, cloud, and other software providers needed to be successful, and partnered with those companies for the portfolio companies to use, where appropriate.
Persons: that's, Monti, Saroya, That's Organizations: Vista Equity Partners, doesn't, Milken Institute Global, Flagship Fund, PE, underwriters Locations: Asia
CNN —Denver Nuggets star point guard Jamal Murray has come under criticism after he was spotted throwing a heat pack onto the court during the reigning champions’ 106-80 playoff loss against the Minnesota Timberwolves on Monday. While on the bench toward the end of the second quarter, Murray could be seen throwing the heat pack while the Timberwolves were on offense. The object landed near the basket with several players in the vicinity of the heat pack. Murray’s behavior was described as “inexcusable” and “dangerous” by Timberwolves head coach Chris Finch following the conclusion of the game. I knew a heating pack was on the floor, but it was not in my field of vision.”Per various reporters, Murray did not speak to the media following the game.
Persons: Jamal Murray, Murray, Chris Finch, Finch, , ” Finch, Marc Davis, ” Davis, Michael Malone, ” Malone, , Isaiah J, Downing, Malone Organizations: CNN, Denver Nuggets, , Minnesota Timberwolves, Timberwolves, Denver, Nuggets, USA, Reuters, NBA, ESPN, , Canadian, Target Center Locations: Reuters Denver, Denver, Minneapolis
Looking back, I think being a single mom was hard. However, I think today's solo parents have a more difficult time due to the pressures of social media. We adopted our boys in 2012 and 2013, and there was a Facebook mom group for everything. I sometimes wonder how my experience parenting my daughter in the 90s would have been made better or worse by the presence of social media. My experience with Facebook mom groups has taught me that they're mostly a place of judgment and one-upmanship.
Persons: I'm, else's, I've, Amelia Bedelia Organizations: Technology Locations: what's
I’ve never really understood why people enjoy eating chicken. Like the frenzy of people crowding Chick-fil-A or Popeyes when a limited-edition chicken sandwich goes on sale, as if it were the latest iPhone release. Or the fact that there’s something called the “chicken sandwich wars,” which could return in 2024 — thanks in part to the recent limited release of two new McDonald’s crispy chicken sandwiches. Compared to the aroma of freshly baked bread or the sizzle of bacon — scents that beckon me closer — the fried chicken smell is like an unwelcome intrusion. Why exactly do you enjoy eating chicken?
Persons: CNN —, I’d, , Shannon Stapleton, chow, Homer Simpson, I’ve, Michael Nagle, ” I’m, I’m Organizations: CNN, Reuters, Bloomberg, Getty Locations: Louisiana, New York City, New York, South Africa
CNN —The Los Angeles Lakers have fired head coach Darvin Ham, the team announced Friday. The 50-year-old Ham compiled a 90-74 record in two seasons at the helm, including leading the Lakers to the Western Conference Finals last season. On Monday, Los Angeles was eliminated from the NBA playoffs in five games, losing to the reigning champion Denver Nuggets for the second straight postseason. “This organization will remain unwavering in its commitment to deliver championship-caliber basketball to Lakers fans around the world,” Pelinka said. Before becoming the Lakers head coach, Ham spent his career as an assistant coach with the Atlanta Hawks, Milwaukee Bucks and the Lakers for two seasons from 2011 to 2013.
Persons: Darvin Ham, Ham, ” Rob Pelinka, Darvin, ” Pelinka Organizations: CNN, Los Angeles Lakers, Lakers, Western, NBA, Denver Nuggets, Atlanta Hawks, Milwaukee Bucks Locations: Los Angeles
CNN —After being dispatched in five games by the reigning champion Denver Nuggets, LeBron James spoke to the media about what’s next for the Los Angeles Lakers’ superstar. With his season once again coming to a premature end, James is looking forward to spending some time away from basketball. “I just want to get home to the family, honestly,” James said after the game. James, playing in his 21st season in the league, averaged 27.8 points across the five games along with 6.8 rebounds, 8.8 assists, 2.4 steals and one block. Despite the silver lining of an extended break from the sport, the summer won’t be one long vacation for James.
Persons: LeBron James, James, , ” James, , Bronny, who’s, Bart Young, Jamal Murray, Kevin Durant, Steph Curry, , King ’, coy, “ I’m, Isaiah J, Downing, Reuters James, ” Bronny Organizations: CNN, Denver Nuggets, Los Angeles Lakers ’, Denver, Laker, Phoenix Suns, AAU, Nuggets, Lakers, Team USA, Olympic Games, USA, Reuters, NBA, University of Southern Locations: LA, Paris, University of Southern California
And its low-priced reputation has helped the company attract higher income grocery shoppers as inflation pinches budgets. On Tuesday, the big-box retailer said it will roll out a private label called BetterGoods, a line of more trend-and chef-driven foods. Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation. Another grocery brand it debuted, Favorite Day, is made up of creative takes on ice cream bars and trail mixes. The new private brand will join Walmart's existing collection of private brands in the grocery department, which includes Great Value — the country's largest private grocery brand by revenue, according to Numerator, a market research firm.
Persons: Costco's Kirkland, Kroger Organizations: Walmart, Aldi, Grocers, Target, Smart Locations: U.S
Ultra-processed foods are linked to health problems such as cancer, type 2 diabetes, and obesity. Ultra-processed foods tend to be made from ingredients you wouldn't find in a regular kitchen and are manufactured using industrial techniques. "I think we're getting too bogged down with the term ultra-processed food, we just need to make it a bit simpler," Patel told Business Insider. It's also very important to look at food labels, Patel said, so that you actually know what you're eating. Ultra-processed foods make up 73% of the US food supply.
Persons: , hasn't, Linia Patel, Patel, It's, UPFs, Aleksandr Zubkov, There's Organizations: Service, Northeastern University's Network Science Institute, British Dietetic Association, University of Milan, FDA Locations: UPFs, USA
CNN —LeBron James scored 30 points as the Los Angeles Lakers avoided a first-round elimination in the Western Conference playoff series against the Denver Nuggets. Four-time NBA champion James rose to the occasion, as did Anthony Davies, who had 25 points and 23 rebounds in the 119-108 win in LA. It was the Lakers’ first victory over the Nuggets since December 2022, ending Denver’s 11-game winning streak in the fixture. “We’ve given ourselves another lifeline, and it’s a one-game series for us,” James told reporters. Game 5 will be held in Denver Monday and the defending champion, leading the best-of-seven series 3-1, could secure the series on home soil.
Persons: LeBron James, James, Anthony Davies, , ” James, you’re, Nikola Jokić Organizations: CNN, Los Angeles Lakers, Western Conference, Denver Nuggets, Lakers, Nuggets, Boston Celtics, Miami Heat, Oklahoma City Thunder, New Orleans Pelicans, Orlando Magic, Cleveland Cavaliers Locations: LA, Denver
Learn moreThe fourth game of the Lakers vs. Nuggets NBA Playoffs Round 1 match-up is here, and this game will determine whether the Lakers go home for the season. If you're hoping to learn where to watch Lakers vs. Nuggets without cable, then you're in luck. Where to watch Lakers vs. Nuggets in the USLakers vs. Nuggets Game 4 will air on Saturday at 8:30 p.m. For cord-cutters, this means checking out a live TV streaming alternative like Sling TV or Hulu + Live TV. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus.
Persons: We've, Nikola Jokić, they'll, Hulu's, ExpressVPN Organizations: Business, Lakers, Nuggets, Denver Nuggets, Los Angeles Lakers, Western Conference, The Lakers, US Lakers, ABC, Hulu, ESPN, Disney Plus Locations: New York, Los Angeles, Chicago
CNN —A spokesperson says the NBA is “looking into” an apparent incident involving Denver Nuggets superstar Nikola Jokić’s brother, Strahinja Jokić, which happened after the Nuggets won their home game against the Los Angeles Lakers on Monday night. A video posted on social media overnight Tuesday appears to show Strahinja Jokić wearing his brother’s No. The Denver Police Department (DPD) says it’s aware of the video and is looking into what happened, noting that the incident at Ball Arena wasn’t reported to police. Strahinja Jokić (middle) watches a Denver Nuggets game against the Indiana Pacers on January 14, 2024. The Nuggets took a 2-0 series lead after Denver’s Jamal Murray hit a game-winning, buzzer-beater to cap a dramatic 101-99 comeback win.
Persons: Nikola Jokić’s, Strahinja, Ron Chenoy, Reuters DPD, Nikola Jokić, Denver’s Jamal Murray Organizations: CNN, Denver Nuggets, Nuggets, Los Angeles Lakers, Denver Police Department, Indiana Pacers, Reuters, Lakers, Ball
Read previewA former Chick-fil-A worker said that the fried-chicken chain asked her to stop posting videos of her staff meals on TikTok because she was breaking company policy. Food reviews are hot stuffRestaurant reviews and food rankings are popular topics for TikTok videos. Webb's last Chick-fil-A video before the company's PR team contacted her, which has 3.4 million views, shows her reviewing the four drinks in its limited-edition Cherry Berry range. AdvertisementWebb's TikTok account also features videos of her reviewing her staff meals at Aldi, where she also has a job. In her video announcing the end of her Chick-fil-A staff meal videos, Webb said that other brands wanting to collaborate with her should reach out.
Persons: , Miriam Webb, Webb, Chick, I'm, Miriam Webb's, Cherry Berry, commenter Organizations: Service, Business, PR, Aldi Locations: Los Angeles County, TikTok
“Just because the child … appears not to like many vegetables, doesn’t mean that vegetables shouldn’t be incorporated into the meal,” she added. Familiarize your kids with new foods by engaging their senses, said Natalie Mokari, a dietitian in Charlotte, North Carolina. Maybe your kids tried the brussels sprouts and weren’t fans, but they love salad — so they can choose to have that instead, Woolford suggested. And requiring an empty plate may teach kids to push past and start to ignore their hunger and fullness cues, Woolford said. And instead of always having a sugary sweet after dinner, you could offer your kids a random dessert like a popsicle in the middle of the day, she added.
Persons: Tara Marklin’s, Marklin, Mott, , Susan Woolford, Woolford, , , don’t, Natalie Mokari, Mokari, it’s, they’re Organizations: CNN, University of Michigan Health, Mott Children’s, Children’s Health, Mott Poll Locations: Chamblee , Georgia, Mott, Charlotte , North Carolina, brussels, dinnertime
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