The CEO of Bloomin ‘Brands, the parent company of restaurant chains like Outback Steakhouse and Bonefish Grill, told CNBC on Friday that it is not experiencing an increase in food costs, but that the costs of beef and Seafood “has been an opportunity” during the pandemic. “There was some concern …
Read More »National Hot Dog Day 2020: How You Became A Classic American Icon
(CNN) – No matter how you like your prepared, grilled, or boiled wiener with mustard, ketchup, or chili, we can all agree on one thing, and that is that hot dogs have become part of a certain American cultural narrative. And this year, more than ever, hot dogs are red …
Read More »Trade delay even in markets where coronavirus is under control
Coca-Cola CEO James Quincey said the company’s business will likely not fully recover from the coronavirus pandemic until a vaccine or other comprehensive solution is available. “Businesses are still struggling to recover to pre-Covid levels, even in places where there is no actual transmission of the virus and the vast …
Read More »Walmart to give workers a new round of bonuses, close on Thanksgiving Day
Customers wearing face masks shop at a Walmart supermarket amid the new coronavirus outbreak on July 15, 2020 in Washington, DC. Sha Hanting | China News Service via Getty Images Walmart said Tuesday it will award another round of bonuses to hourly employees and close its stores on Thanksgiving Day. …
Read More »Coca-Cola (KO) earnings Q2 2020
Ramin Talaie | fake pictures Coca-Cola is expected to report its second-quarter earnings before Tuesday’s bell. This is what Wall Street expects, based on an analyst survey by Refinitiv: Earnings per share: 40 cents expected Revenue: $ 7.18 billion expected The coronavirus pandemic has weighed on both supply and demand …
Read More »