Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
McDonald’s announced that its $5 summer meal deal, which was only supposed to last through June, will now be extended into December.
For Starbucks chief Laxman Narasimhan, the daily grind is over. The embattled coffee chain named Chipotle CEO Brian Niccol his successor.
Adobe wants to stop AI models from losing their trains of thought.
The longtime broadcast partner may soon be losing out on live games, but Warner Bros. Discovery won’t be completely sidelined by the NBA.
It’s got to be at least a yellow flag whenever 2008 — the height of the Great Recession — is your point of reference, no?