McDonald’s to invest over $100 million in E. coli outbreak recovery

A Quarter Pounder with cheese, fries and a drink arranged at a McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In the wake of last month’s E. coli outbreak tied to McDonald’s slivered onions, the fast-food giant said it will invest more than $100 million to boost restaurant sales and speed up the recovery at affected franchisees. Of that total,

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U.S. inflation shows signs of improvement as prices stabilize since 2022

U.S. inflation shows signs of improvement as prices stabilize since 2022 – CBS News Watch CBS News As inflation nears the government’s two percent target, food prices continue to rise while energy costs decline. Jill Schlesinger explains what these changes mean for consumers. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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Ripple CEO Garlinghouse Highlights Reason Behind XRP Rally

Ripple CEO Brad Garlinghouse has linked the recent surge in XRP price to growing optimism about regulatory clarity in the U.S. In an interview with FOX Business, Garlinghouse emphasized the importance of a more balanced approach to crypto regulation under the new administration. He noted that U.S.-linked cryptocurrencies, including Solana (SOL) and Cardano (ADA), have experienced significant growth since Election Day. Ripple CEO Lauds Trump as a “Crypto President” Amid

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Major Trump Media shareholder sells nearly entire stake

(Reuters) – Trump Media (DJT) & Technology Group’s key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said in a regulatory filing on Thursday. ARC and its manager Patrick Orlando now hold about 0.01% stake, down from more than 5% or over 11 million shares in September. Orlando was the former CEO of the blank-check company Digital World Acquisition that took Trump Media

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Who knew what and when?

Getty Images Former Post Office boss Paula Vennells’ appearance at the inquiry was greatly anticipated After months of evidence, the Post Office Inquiry heard from its final witnesses this week. Closing statements will follow next month before inquiry chair Sir Wyn Williams publishes his final report next year. Much of the evidence centred around who knew what and when, so what did we learn from the key players? And what

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UK car finance industry in crisis, with banks bracing for mega payouts

View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country’s costliest consumer banking scandal. The burgeoning crisis stems back to a

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Earnings from Nvidia, TJX and Walmart

CNBC’s Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution. “Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump 2.0. Most of them are buying opportunities,” he said. “But with stocks still up so

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