McDonald’s, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
McDonald’s CEO Chris Kempczinski said the minimum wage hike could help the burger chain gain market share in California in the long term.
Credit scores hit an all-time high even though households are falling deeper in debt
Even with credit card debt at an all-time high, the national average credit score has never been better, according to FICO.
Canadian auto union reaches deal with Stellantis after brief labor strike
Unifor and Stellantis have reached a tentative agreement Monday morning, ending a brief strike that began after a deal wasn’t reached by 11:59 p.m. Sunday.
McDonald’s revenue climbs 14% as price hikes boost U.S. sales
McDonald’s third-quarter earnings and revenue beat Wall Street’s estimates.
UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses
The 4 ½-year tentative agreement will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said Sunday
Panera now displaying warning about its caffeinated lemonade in all stores after lawsuit over customer’s death
Sarah Katz had a heart condition and died hours after she drank Panera’s Charged Lemonade.
UAW in tentative deal to end labor strike with Stellantis but expands its strike at General Motors
The tentative deal is the result of contentious negotiations, which saw thousands of union members walk out of plants and onto picket lines.
Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
The beverage leaders’ stocks have struggled this year as investors worry about higher interest rates and the possible negative impact of weight loss drugs.
Google commits to invest $2 billion in OpenAI competitor Anthropic
Founded by former OpenAI executives, Anthropic has emerged as one of the hottest artificial intelligence startups, thanks to its Claude 2 chatbot
Google paid $26 billion in 2021 to become the default search engine on browsers and phones
The number is a more granular look into how much Google pays partners, including Apple, to be the default search engine on their products.
