McDonald’s Crispy Chicken Sandwich and Deluxe Crispy Chicken Sandwich Source: McDonald’s McDonald’s will launch three chicken sandwiches in February as it tries to reach new customers with more poultry on its menu. Starting Feb. 24, consumers will be able to buy the Crispy Chicken Sandwich, Spicy Chicken Sandwich and the …
Read More »Half of U.S. states will raise their minimum wage in 2021
People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The move toward a $15 minimum wage gained more ground in …
Read More »Covid crisis made low-wage workers essential, but gains appear fleeting
A man bangs a spatula against a pot to show gratitude to medical workers from Lenox Hill Hospital as part of the nightly #ClapBecauseWeCare during the coronavirus pandemic on May 07, 2020 in New York City. Cindy Ord | Getty Images In the spring, cheers, claps and clanging pots and …
Read More »Americans head to malls as Christmas approaches
A woman wearing a mask carries shopping bags through the snow near Bryant Park on December 17, 2020 in New York City. New York City received 6 to 8 inches of snow in an overnight storm that resulted in local power outages and transportation delays during the first North Eastern …
Read More »Starbucks will launch shaken iced espresso drink this spring
A Starbucks employee wears a facial covering while working in Dallas, Texas. Ronald Martinez | Getty Images Starbucks customers are enjoying their holiday coffee drinks now, but the chain announced a new drink to bring customers back to its cafes this spring: the shaken iced espresso. The beverage will be …
Read More »Market watchers on what’s next for the stock
Starbucks kicked off its investor day Wednesday in good shape. The stock, which closed slightly lower on the day, is less than 3% from its record high set last week. The shares have also rallied more than 100% since a March low. Mark Newton, founder of Newton Advisors, sees a …
Read More »Starbucks sees long-term adjusted earnings per share rising 10% to 12%
People wear protective face masks outside Starbucks in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 29, 2020 in New York City. Noam Galai | Getty Images Starbucks said Wednesday that it expects to hit its long-term …
Read More »Starbucks taps Mellody Hobson as chair amid broader push for more diverse boards
Mellody Hobson and George Lucas attend the 2017 LACMA Art + Film Gala Honoring Mark Bradford and George Lucas presented by Gucci at LACMA on November 4, 2017 in Los Angeles, California. JB Lacroix | WireImage | Getty Images Starbucks said Wednesday that Mellody Hobson will serve as the next …
Read More »Next week may be difficult without stimulus deal
The stock market’s next move hinges on the state of coronavirus stimulus talks in Washington, CNBC’s Jim Cramer said Friday. “If the Democrats and Republicans in Congress can make a stimulus deal over the weekend, this market can indeed keep running,” the “Mad Money” host said. “Without some progress in …
Read More »Ciara, Russell Wilson and ex-Lululemon CEO launch fashion brand
Grammy Award-winning artist Ciara has launched a new fashion company alongside her husband, NFL star Russell Wilson, and former Lululemon CEO Christine Day. But the brand, called the House of LR&C, has a mission beyond just the clothes it sells, Ciara and Day told CNBC on Wednesday. “We’re not only …
Read More »Shake Shack CEO says new store designs, digital upgrades are fueling expansion
Randy Garutti Cameron Costa | CNBC A rendering of Shake Shack’s drive-up window Source: Aria Group Shake Shack was one of the first restaurant chains to unveil restaurant designs inspired by habits its customers adopted during this year’s health crisis. In May, it debuted the “Shack Track,” which has drive-up …
Read More »Starbucks raises barista wages as restaurants brace for minimum wage hike
A worker stands inside Starbucks in midtown during the coronavirus pandemic on May 20, 2020 in New York City. Noam Galai | Getty Images Starbucks is raising hourly wages for its baristas as the restaurant industry braces for a higher minimum wage when President-elect Joe Biden takes office. Starting Dec. …
Read More »McDonald’s plans Covid safety checks to guard against pandemic fatigue
People wear protective face masks outside a McDonald’s location in New York City. Noam Galai | Getty Images McDonald’s will conduct coronavirus safety reviews of its restaurants in the next six weeks as health experts worry that Covid fatigue is contributing to the record high number of new cases in …
Read More »Chipotle opens its first digital-only restaurant as online orders soar
A customer wearing a protective mask enters a Chipotle Mexican Grill Inc. restaurant in San Francisco, California. . David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Saturday will open first digital-only restaurant. Unlike a traditional Chipotle location, it will not include a dining room or a …
Read More »Jim Cramer promotes hiring military veterans: ‘It’s good business’
On the eve of Veterans Day, Jim Cramer hosted his annual “Salute to Service” special on “Mad Money.” The CNBC personality traded in his stock commentary for a moment Tuesday to highlight public corporations that he admires for having gone above and beyond the call of duty to hire Americans …
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