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New York CNN —Starbucks on Wednesday criticized a message by its union about Hamas’ terrorist attack on Israeli civilians. Starbucks Workers United did not respond to CNN’s request for comment. In a separate post on X, SEIU International President Mary Kay Henry wrote that “the violence in Israel and Palestine is unconscionable. In its statement, Starbucks distanced itself from the reported comments. Starbucks unequivocally condemns acts of hate, terrorism and violence,” wrote Sara Kelly, Starbucks’ executive vice president and chief partner officer.
Persons: Mary Kay Henry, , ” Starbucks, , Sara Kelly Organizations: New, New York CNN, Starbucks, Hamas, Starbucks Workers United, Israel, Starbucks Workers, SEIU, ” Workers, Workers United, , UN, Palestine, Harvard, Harvard Palestine Solidarity Groups Locations: New York, Palestine, Gaza, Israel, @SEIU, United States, Harvard’s
In the year through September, not adjusted for seasonal swings, grocery prices rose 2.4% — less than inflation overall, which was 3.7%. Food price increases have been easing this year, offering some much-needed relief at the supermarket. In March, grocery prices dipped for the first time since September 2020. What got more expensive this yearIn the year through September, some items still notched high price increases. While grocery prices are moderating, restaurant prices have remained high, rising 6% for the year and 0.4% in September.
Persons: Chipotle, Domino’s Organizations: New, New York CNN, Bureau of Labor Statistics Locations: New York, Ukraine
Chipotle is raising prices again
  + stars: | 2023-10-11 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +2 min
Chipotle has been raising its prices over the past few years, citing higher costs. In June of 2021, Chipotle said it was raising prices about 3.5% to 4%. So far at Chipotle, the increased prices haven’t scared people off — clearing the way for more expensive burritos. Even companies that have seen customers pull back due to the higher prices reported higher sales, because those higher prices offset volume declines. The snack and beverage company said it increased prices globally by 11% on average, helping nudge revenue higher than analysts’ expectations.
Persons: Chipotle’s, ” Laurie Schalow, Chipotle, “ We’re, , Brian Niccol, “ We’ve, ” Niccol, — CNN’s Jordan Valinsky Organizations: New, New York CNN, CNN, PepsiCo, Bureau of Labor Statistics Locations: New York, Chipotle
Customers entering Burger King locations will “start to see something different in 2024,” said Tom Curtis, president of Burger King US & Canada. Burger King Company LLCThe new concepts feature digital ordering kiosks, plenty of Whopper branding, and streamlined drive-thru and pickup lanes. Burger King Company LLCNow, it seems, Burger King is trying to push ahead. Globally, including in the US, sales at Burger King restaurants open at least a year grew 10.2%. Burger King Company LLC“We are still not in positive territory,” when it comes to traffic, said Josh Kobza, CEO of Burger King parent company Restaurant Brands International, during an analyst call in August.
Persons: New York CNN — Burger, , Tom Curtis, Burger, Curtis, “ we’re, ” Curtis, Burger King, , It’s, Josh Kobza, ” Kobza Organizations: New, New York CNN, Burger King, Burger King US, Canada, Burger, Burger King Company, Grill, Restaurant Brands, , CNN Locations: New York, Burger, New Jersey, Las Vegas, North Carolina, Grill Burger, Burger King
SACRAMENTO, Calif. (AP) — Large businesses in California will have to disclose a wide range of planet-warming emissions under a new law Gov. The law requires more than 5,300 companies that operate in California and make more than $1 billion in annual revenues to report both their direct and indirect emissions. This was Democratic State Sen. Scott Wiener's third attempt to get the sweeping emissions disclosure rules passed in California. But the new California mandates will be go beyond that to make companies report a wide range of direct and indirect emissions. Under the California law, the state's Air Resources Board has to approve rules by 2025 to implement the legislation.
Persons: Gavin Newsom, Democratic State Sen, Scott Wiener's, Wiener, ” Wiener, , Christiana Figueres, Amanda Urquiza, ___ Sophie Austin, @sophieadanna Organizations: California Chamber of Commerce, Democratic State, Apple, United Nations, National Conference of State Legislatures, U.S . Securities, Exchange Commission, state's Air Resources Board, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, State, Patagonia, Christiana, Paris
New York CNN —Navigating the grocery aisle is overwhelming, especially when trying to make sense of food labels. Shoppers who want to know where their food comes from, or how long it will last, have to work even harder. Government agencies have strict guidelines for food safety and nutrition labels on packaged foods. But other information like sell-by dates or animal welfare labels are less regulated — and some are effectively meaningless. Here’s how to know what you’re looking at when you’re reading food labels.
Persons: Scott Olson, , , “ FSIS, Dena Jones, Jones Organizations: New, New York CNN, Nutrition, Shoppers, Government, USDA, ” Companies, Safety, USDA’s Agricultural Research Service, Animal Welfare Institute, Global Animal Partnership Locations: New York, Chicago
“If they switch to different types of nutrients … we switch to different types of nutrients,” he said. Drugs like Ozempic could change how people eat, affecting food sellers. Big food companies are constantly evolving their products to adapt to consumer trends. And with wellness top of mind for many — not just people taking semaglutide drugs — companies have already tweaked their products in an effort to appeal to health-conscious consumers. “And then what is the churn rate?” To adapt to a possible shift, companies should be “planning for different scenarios,” she said.
Persons: Sean Connolly, , ” Connolly, ” Conagra, Duncan Hines, Marie Callender’s, Jaap Arriens, , Bernstein, Alexia Howard, ” Howard, John Furner, Morgan Stanley, Pamela Kaufman, Ding Dongs, Mark Smucker, Jody Dushay, “ Dieticians, Deidre McPhillips Organizations: New, New York CNN, Wall Street, Healthy, PepsiCo, Coca, Walmart, Bloomberg, CNN, Companies, Brands, Harvard Medical School Locations: New York
Starbucks is developing climate-proof coffee
  + stars: | 2023-10-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +7 min
New York CNN —Coffee is a finicky crop — arabica coffee, the most popular variety, in particular. Joshua Trujillo/StarbucksSo Starbucks, which says it purchases about 3% of all the world’s coffee, is developing new arabica varietals that are specifically cultivated to hold up better on a warming planet. They, along with other coffee farmers across the globe, are struggling to adapt to global warming. But arabica coffee, the only variety used by Starbucks, is especially at risk. Starbucks has been working on developing new coffee varietals.
Persons: IADB, Joshua Trujillo, Michelle Burns, Carlos Mario Rodriguez, Suzanne Shriner, Shriner, , “ we’re, Miguel Gomez, it’s, Monika Firl, Burns, Cornell’s Gomez Organizations: New, New York CNN, Inter, American Development Bank, Starbucks, Lions, Coffee Research, Cornell’s Dyson, Applied Economics, Management, Fairtrade Locations: New York, America, Caribbean, Hacienda Alsacia, Costa Rica, Hawaii
New York CNN —Starbucks violated federal labor law when it increased wages and offered new perks and benefits only to non-union employees, a National Labor Relations Board judge found Thursday. The decision is the latest in a series of NLRB rulings finding that Starbucks has violated labor law in its efforts to stop unions from forming in its coffee shops. Last year, Starbucks announced that it would raise wages for non-union employees, and offer them other new benefits. Starbucks should also post a notice in its cafes telling workers that the NLRB found Starbucks had violated federal labor law, and detailing employee rights, she said. Thursday’s decision was “a massive victory for Starbucks workers,” Starbucks Workers United, which has been leading the union charge, said in a statement to CNN.
Persons: , , Mara, Louise Anzalone, Lindsay DeDario, Howard Schultz, Anzalone, Justin Sullivan, Rachel Wall, Bernie Sanders, Schultz, ” Howard Schultz, Anna Moneymaker Organizations: New, New York CNN, National Labor Relations, Starbucks, Reuters, ” Workers, NLRB, CNN, Health, Education, Labor, Getty, Starbucks Workers Locations: New York, Buffalo , New York, , San Francisco , California, Dirksen, Washington , DC
It’s too soon to tell, but there are alarm bells ringing that indicate investors should be — and are — on edge. Stocks rebounded this year after a bruising 2022, as artificial intelligence excitement led investors to fuel a powerful tech-driven surge. While shares of tech behemoths have led the market’s surge this year, the rally had begun to broaden out in early summer. High yields often mean bad news for stocks, since investors tend to gravitate toward virtually risk-free Treasury bonds when they offer high returns over stocks. Spending in the second quarter grew at its weakest pace since the first quarter of 2022, when it was flat.
Persons: Stocks, Liz Young, , , bode, Goldman Sachs, Danielle Wiener, Bronner, Hudson, Bryan Mena Organizations: CNN Business, Bell, CNN, Federal Reserve, Nvidia, Apple, Microsoft, Silicon Valley Bank, Signature Bank, Treasury, OPEC, Goldman, New, Girl Scouts Heart, Commerce Locations: Ukraine, New York
New York CNN —California is raising the minimum wage for fast food workers, marking a hard-won victory for those workers and union organizers. The state’s current minimum wage is $15.50 an hour and will increase to $16 an hour on January 1. The new hourly wage for fast food workers will take effect on April 1 of next year. In that period, only the council may set wages for fast food workers. “We are confident that what’s outlined is going to dramatically improve conditions for the state’s half million fast food workers,” Henry said.
Persons: Gavin Newsom, Terry Chea, Newsom, ” Sean Kennedy, Mary Kay Henry, , ” Henry, Henry, ” Anneisha Williams, Jack, Williams, it’s, “ I’m, , Organizations: New, New York CNN, Service Employees International Union, Employees, California State Capitol, National Restaurant Association, SEIU, CNN Locations: New York, California, Los Angeles , California, Sacramento, Calif
New York CNN —Girl Scout cookies are getting more expensive. But now the higher price will apply to other cookies that the troops sell, including the more classic varieties. Girl Scout cookie prices have been rising from $5 to $6. “Each of our 111 Girl Scout councils sets local Girl Scout Cookie prices based on several factors,” a spokesperson for Girl Scouts of the USA told CNN. But Girl Scouts learned last year that there is a market for higher-priced cookies, thanks to the Raspberry Rally debacle.
Persons: Hudson, John Moore, Organizations: New, New York CNN, Girl Scouts Heart, Girl Scouts, Girl Scouts of, USA, CNN, , ” Troops, Consumers, Thin Mint, eBay Locations: New York, Louisiana, Girl Scouts of Northern California
Earlier this year, the federal government committed to ratcheting up efforts to root out child labor law violations. “There are currently [Wage and Hour Division] investigations open at Perdue and Tyson Foods,” a Department of Labor spokesperson told CNN. “We are conducting a comprehensive third-party audit of child labor prevention and protection procedures including a compliance audit of contractors,” she said. Government agencies have joined together this year to fight child labor law violations, which often impact migrant children. In February, the Departments of Labor and Health and Human Services jointly announced the creation of a task force designed to fight child labor exploitation.
Persons: Perdue, Tyson, , Perdue “, Andrea Staub, ” Staub, Josh Hawley, Donnie King, ” Marty Walsh, Walsh, , Maruf, Nicole Goodkind Organizations: New, New York CNN, Department of Labor, Tyson Foods, New York Times, Perdue, , CNN, Times Magazine, Times, of Labor, Health, Human Services, Packers Sanitation Services, Cargill, Packers Sanitation Locations: New York, Perdue, Virginia, Tyson, Missouri
Gavin Newsom of California vetoed a bill on Friday that would instruct judges presiding over custody battles in the state to take into consideration a parent’s support for a child’s gender identity when making custody and visitation decisions. Why It Matters: The veto signals a break from the governor’s stance in support of transgender rights. The governor added that under existing state law, the court is required to consider a child’s health, safety and welfare in these proceedings, which he said already includes the parent’s affirmation of the child’s gender identity. Background: The child custody bill passed along party lines this month. A two-thirds vote in both chambers, where Democrats hold supermajorities, could override Mr. Newsom’s veto.
Persons: Gavin Newsom, Newsom, , Assemblywoman Lori Wilson, Newsom’s, Wilson, Scott Wiener, , Mr, Wiener, Bill, Bill Essayli Organizations: California, Legislature, Democrat, Associated Press, Republicans Locations: California, L.G.B.T.Q
New York CNN —When it comes to food advertising, what you see is rarely what you get. In the ads, burgers look tall, heaped with meat and cheese, topped with golden, rounded buns. “Under this standard, a court asks whether a reasonable consumer would be misled by the product’s marketing or labeling,” he said. Lawsuits claim that burgers from McDonald's, Burger King and Wendy's don't look as they appear in ads. What you see is not what you getFor Patten, a reasonable consumer is an “average consumer.” The legal system, she said, often expect more from a reasonable consumer than she would from an average one.
Persons: James Kelly, Anthony Russo, Taco Bell, Burger, , Tommy Tobin, Perkins Coie, Russo, Kelly, Bonnie Patten, Spencer Sheehan, Sheehan, Katherine Frey, ” Tobin, ” Burger, , Wendy’s, Wendy's, He’s, Patten, Patten’s, they’re, they’ve Organizations: New, New York CNN, Taco, UCLA Law, Washington Post, Getty, Starbucks, Burger King, Russo, Plaintiffs Locations: New York, Burger
New York CNN —For the first time in about 30 years, McDonald’s is increasing its royalty fee for new franchise operators in the US and Canada. Franchises are a key part of McDonald’s business, with roughly 95% of all McDonald’s locations operated by franchise operators. Operators pay a royalty rate to use McDonald’s brand and for access to its expertise. In 2018, McDonald’s franchise operators formed their first-ever advocacy group, the National Owners Association. And while other chains struggle to bring more customers into restaurant locations, McDonald’s is reporting growth in US traffic.
Persons: , Justin Sullivan, Joe Erlinger, We’re, Chris Kempczinski, Ian Borden Organizations: New, New York CNN, Getty Images Company, CNN, National Owners Association Locations: New York, Canada
New York CNN —Even the unlimited breadsticks at Olive Garden and wooden rocking chairs at Cracker Barrel can’t seem to lure back the baby boomers. Now, some older customers are still staying away, exacerbating a foot traffic problem faced by restaurant chains. Darden Restaurants (DRI), which owns Olive Garden, Longhorn Steakhouse, Cheddar’s Scratch Kitchen and others, noted during an analyst call Thursday that it, too, is seeing declining visits from older customers. The largest of Darden’s franchises by far, Olive Garden is about “more and more and more,” as Cardenas said Thursday. For Cracker Barrel, which has also been trying to attract younger consumers but has traditionally appealed to an older clientele, the pullback from older customers is a bigger deal.
Persons: It’s, , , Sandra Cochran, ” Cochran, Burger, Scott Olson, Raj Vennam, Vennam, Ricardo Cardenas, Darden, ’ ” Cardenas, we’ve, Cardenas, Organizations: New, New York CNN, Darden, Olive Garden, Longhorn Locations: New York, Olive, Orlando , Florida, Lebanon , Tennessee
Just four months after announcing that the hot dog-shaped Wienermobile was changing its name to the Frankmobile, the one-of-a-kind wiener on wheels is reverting to the original. Oscar Mayer announced Wednesday on Instagram that the Frankmobile is toast. The name change announced by The Kraft Heinz Company in May was meant to pay homage to the brand's 100% beef franks and their new recipe. Those who drive the Wienermobile around to promotional events are known as Hotdoggers. Perhaps the most famous Hotdogger is former U.S. House Speaker Paul Ryan, who drove the Wienermobile one summer while in college.
Persons: Oscar Mayer, franks, ” Oscar Mayer, Paul Ryan Organizations: The Kraft Heinz Company, U.S . House Locations: MADISON, Wis, Instagram, Wisconsin, Madison, Chicago, U.S
New York CNN —Disney is greatly expanding its investment into theme parks and cruises, the company said Tuesday. The investment comes at a time the company is facing revenue challenges in its streaming services, movie and television assets — almost everywhere but its international theme parks. The theme park, which was announced in 2019, is set to include restaurants, hotels and, of course, rides. It will become the third theme park within the Universal Orlando Resort, stepping up its rivalry with Walt Disney World’s four theme parks. Trouble at homeDisney said Tuesday that it is focused on “expanding and enhancing” its theme parks, in the US and internationally, along with its cruise lines.
Persons: That’s, Walt Disney, Ricardo Ramirez Buxeda, Alicia Stella, didn’t, , Josh D’Amaro, Wakanda, Disney, Horacio Villalobos, Corbis, Kevin Lansberry, Bob Iger, ” Iger, Florida Governor Ron DeSantis, “ Disney, Stella Organizations: New, New York CNN, Disney, Disney Parks, SEC, Universal Orlando Resort, Orlando Sentinel, Tribune, Service, Star Wars, Getty, Parks, Walt Disney, Florida Governor Locations: New York, Parks, Orlando , Florida, Orlando, Anaheim , California, Asia, , Florida
Gavin Newsom said Sunday that he plans to sign into law a pair of climate-focused bills intended to force major corporations to be more transparent about greenhouse gas emissions and the financial risks stemming from global warming. Newsom's announcement came during an out-of-state trip to New York’s Climate Week, where world leaders in business, politics and the arts are gathered to seek solutions for climate change. California lawmakers last week passed legislation requiring large businesses from oil and gas companies to retail giants to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel. The goal is to increase transparency and nudge companies to evaluate how they can cut their carbon emissions. Newsom, a Democrat, said he wants California to lead the nation in addressing the climate crisis.
Persons: Gavin Newsom, , Sen, Scott Wiener, ” Wiener, Newsom’s, Henry Stern, Newsom Organizations: , Democrat, Court Locations: — California, New, California, , Los Angeles, San Francisco
California lawmakers have sent a bill to Governor Newsom's desk that would require all large businesses in the state to provide a detailed accounting of their carbon emissions, including their Scope 3, or supply chain emissions. The bill, if adopted, would be the first of its kind in the nation to require carbon emissions reporting. Apple and Google , massive technology companies headquartered in California, support the move to require carbon accounting. Meanwhile, the California Chamber of Commerce opposes the bill, saying requiring emissions accounting will increase business operation costs for businesses and consumers. Also, Dickinson said that carbon accounting can be a helpful process for companies.
Persons: Newsom's, Bill, Gavin Newsom, SEC hasn't, Newsom, Al Gore, Gore, Google, Mike Foulkes, Scott Wiener, Apple, Foulkes, Paul Dickinson, Dickinson Organizations: California Senate, U.S . Securities, Exchange Commission, SEC, CNBC, Apple, Google, California Chamber, Commerce, of Commerce, Bloomberg Locations: California
Coke's latest mystery flavor is AI-generated
  + stars: | 2023-09-12 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +3 min
The latest one, Coca-Cola Y3000, fits the bill. Coca-Cola has used its Creations platform, responsible for limited-edition flavors like Y3000, to try to make the brand resonate with younger consumers. Like all Creations drinks, Coca-Cola Y3000 is designed to taste mostly like Coke, with a bit of something else. For the product’s packaging — which appears to allude to a Y2K aesthetic with funky bubbles, pink and blue coloring and a pixelated logo — Coca-Cola used AI-generated images to create a mood board for inspiration. “They’re more engaging and more interesting, demonstrably, than a flavor, a Coke with vanilla or something,” he said.
Persons: it’s “, , Rosalía, “ We’re, Oana Vlad, James Quincey, Organizations: New, New York CNN, Riot Games, of Legends, CNN Locations: New York, United States, Canada, Dreamworld
Lawmakers backing the bill say a large number of companies in the state already disclose some of their own emissions. California’s climate disclosure bill would be different because of all the indirect emissions companies would have to report. But the California bill would go beyond that, by mandating that both public and private companies report their direct and indirect emissions. Companies would have to report indirect emissions including those released by transporting products and disposing waste. Companies would have to begin publicly disclosing their direct emissions annually in 2026 and start annually reporting their indirect emissions starting in 2027.
Persons: Chris Ward, Christiana Figueres, Gavin Newsom, Newsom, Sen, Scott Wiener, , , Brady Van Engelen, Danny Cullenward, Cullenward, it’s, Mary Creasman, ___ Sophie Austin, Austin @sophieadanna Organizations: , Democratic, Apple, United Nations, Democratic Gov, Lawmakers, administration’s Department of Finance, San, San Francisco Democrat, National Conference of State Legislatures, U.S . Securities, Exchange Commission, Companies, California Chamber of Commerce, Western States Petroleum Association, California Hospital Association, University of Pennsylvania’s, Center for Energy Policy, California Environmental Voters, California Air Resources Board, Wiener, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, Patagonia, Christiana, Paris, San Francisco, Ceres,
Apple "strongly believes" that companies' corporate climate emissions disclosures should include the emissions that come from their supply chain, or what's called Scope 3 emissions. "To ensure accuracy and transparency, we strongly believe that companies' carbon emissions disclosures should include their Scope 3 emissions," Foulkes wrote. In the letter, Apple acknowledges some amount of uncertainty in reporting Scope 3 emissions due to available data at this time. In the letter, Apple also backed third party oversight of the emissions reporting. Apple's support of Scope 3 emissions in California, where the company is headquartered, comes at a time when federal regulators are considering requiring some level of corporate climate disclosures.
Persons: Mike Foulkes, Scott Wiener, Bill, Foulkes, Apple, Wiener, SEC hasn't Organizations: Apple, Twitter, U.S . Securities, Exchange Commission, SEC Locations: California
The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium November 28, 2022. loadingWiener's bill would require public and private companies with annual revenue in excess of $1 billion who do business in traditionally climate-conscious California to disclose independently verified data on their planet-warming emissions. "Thank you, Apple, for making clear that this is doable (and) a critically important piece of climate action," Wiener wrote. A separate bill under discussion would require companies operating in California, with $500 million in revenue, to report on climate-related financial risks such as whether they have budgeted for increased compliance and insurance costs. In its letter to Wiener, Apple commends his bill's attempt to require companies to measure and report indirect emissions linked to their supply chains and end-users, known as Scope 3.
Persons: Yves Herman Acquire, we've, Michael Foulkes, Scott Wiener, Wiener, Apple, Isla Binnie, Aurora Ellis Organizations: Apple, REUTERS, California Senate, Adobe, Ikea, Microsoft, Thomson Locations: Brussels, Belgium, California
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