In today’s market, restaurant CEOs are prioritizing the concept of “value” as a means to address declining sales and attract customers. Companies like McDonald’s, Yum Brands, Papa John’s, Burger King, and others have been heavily emphasizing “value” in their recent conference calls and strategic approaches. In a time where food prices have risen significantly, restaurants
Business
Automaker Stellantis recently announced its plans to indefinitely lay off up to 2,450 U.S. factory workers as it discontinues production of an older version of its Ram 1500 pickup truck in Michigan. The decision comes as the company shifts its focus towards newer models and streamlining operations. The discontinuation of the Ram 1500 “Classic” vehicle
Delta Air Lines recently revealed that the CrowdStrike outage and subsequent mass flight cancellations in the previous month cost the company a significant $550 million. The financial impact included a $380 million revenue hit in the current quarter, primarily due to refunding customers for cancelled flights and providing compensation in cash and SkyMiles. Additionally, there