Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady

A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at a higher-than-average rate, a top potato supplier indicated. It underscores the resilience of consumer spending, even as inflation pinches pocketbooks and pandemic savings dry up. … Read more

McDonald’s to buy all 225 Israel franchise restaurants after boycott fallout

Jeff Greenberg | Universal Images Group | Getty Images McDonald’s signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced, following months of dramatically lower sales due to pro-Palestinian boycott action amid the Israel-Hamas war. The restaurant outlets have been owned by Israeli company Alonyal … Read more

Other business may raise pay

An employee wearing protective gloves hands an order to a customer through a drive-thru window at a McDonald’s Corp. restaurant in Oakland, California, U.S., on Thursday, April 9, 2020.  David Paul Morris | Bloomberg | Getty Images As fast-food chains in California start to pay their workers a higher minimum wage, other business owners across … Read more

McDonald’s to sell Krispy Kreme doughnuts nationwide by end of 2026

McDonald’s is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday. The rollout will start in the second half of this year, but it will take roughly two and a half years as Krispy Kreme more than doubles its distribution to satisfy the partnership. For … Read more

The top 10 things to watch in the stock market Friday

Our top 10 things to watch Friday, March 15 1. Stocks opened lower Friday, following a losing day on Wall Street. The S & P and Dow Jones are still pacing to end the week in the black, while the Nasdaq is on track to finish lower. Meanwhile, bitcoin dropped around $5,000 overnight to about $67,000 … Read more

McDonald’s suffers global tech outage forcing some restaurants to halt operations

CFOTO | Future Publishing | Getty Images LONDON — McDonald’s suffered a system failure Friday that left customers in some parts of the world unable to order food. “We are aware of a technology outage, which impacted our restaurants; the issue is now being resolved,” a McDonald’s spokesperson said. “We thank customers for their patience … Read more

Did Starbucks’ job in China just get tougher? Our take on Trump tariff talk

Former President Donald Trump ‘s promise of tougher China tariffs if elected again could make doing business in the world’s second-largest economy more difficult for American companies like Starbucks which are already facing tough competition from lower-cost domestic competitors. “I fully believe in them [tariffs] economically when you’re being taken advantage of by other countries,” … Read more

McDonald’s, Portillo’s, Dutch Bros. open restaurants in the Sun Belt

A Portillo’s Beef Bus in Kissimmee, Florida. Source: Portillo’s When Chicago-based Portillo’s enters a new market, it sends its “Beef Bus” ahead of time, slinging its hot dogs and Italian beef sandwiches to new customers for weeks, introducing them to the brand and whetting their appetites before a new restaurant finally opens. Recently, the Beef … Read more

Google fires employee who protested Israel tech event, shuts forum

The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images During a keynote speech in New York on Monday from the managing director of Google’s Israel business, an employee in the company’s cloud division protested publicly, proclaiming “I refuse … Read more

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Markets positive Wall Street … Read more