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McDonald"s is cutting its menu and stopping serving breakfast all day amid the coronavirus pandemic

Irene Jiang / Business Insider McDonald's is cutting down its menu and will no longer serve breakfast all day due to the coronavirus outbreak.  The chain will no longer serve items including salads, gril.....»»

Category: topSource: businessinsiderMar 25th, 2020

Coronavirus: Latest news

Airlines would get the $60 billion bailout they asked for in the new Senate coronavirus stimulus bill, which would prohibit layoffs and ban stock buybacks and dividends. McDonald's is cutting its menu and stopping serving breakfast all day.....»»

Category: topSource: businessinsiderMar 25th, 2020

McDonald"s pulls all-day breakfast menu to "simplify operations" amid coronavirus pandemic

McDonald's is temporarily pulling its coveted all-day breakfast menu to streamline operations as the coronavirus pandemic strains day-t.....»»

Category: topSource: usatodayMar 26th, 2020

Wendy"s defied the odds and successfully launched breakfast during the coronavirus pandemic, creating a massive new problem for fast-food rivals like McDonald"s and Taco Bell

Irene Jiang / Business Insider Wendy's breakfast sales now make up 8% of the company's business, despite the chain launching its breakfast menu in early March &mdas.....»»

Category: topSource: businessinsiderMay 6th, 2020

Airbnb is cutting 25% of staff amid global travel slump

Airbnb Inc. is cutting 25% of its workforce as the coronavirus pandemic continues to pummel the travel sector. About 1,900 Airbnb employees across the world will be affected, Chief Executive Officer... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2020

Wendy"s profit down 50% in coronavirus pandemic

The restaurant chain reported flat quarterly U.S. same-store sales for the first quarter ended March 31, as strong demand for its latest breakfast menu offset limited earnings from delivery and take aways......»»

Category: topSource: foxnewsMay 6th, 2020

The coronavirus pandemic demolished breakfast sales at fast-food giants like McDonald"s and Taco Bell

Irene Jiang / Business Insider Breakfast sales at fast-food chains like McDonald's, Tim Hortons, and Taco Bell plummeted in the coronavirus pandemic, as customers stay home and morning routines ar.....»»

Category: topSource: businessinsiderMay 1st, 2020

McDonald"s competitors made a play for the Golden Arches" prized breakfast crown just before the pandemic hit. Now, McDonald"s is ready to get aggressive to keep it.

Irene Jiang / Business Insider Breakfast sales at fast-food chains like McDonald's and Taco Bell plummeted in the coronavirus pandemic, as customers stay home and morning routines ar.....»»

Category: topSource: businessinsiderApr 30th, 2020

Boeing"s stock is rising 6% despite posting dismal earnings and cutting 10% of its workforce (BA)

Associated Press Shares of Boeing jumped more than 6% in early Wednesday trading after the company reported first quarter earnings amid the coronavirus pandemic. The airplane maker.....»»

Category: topSource: businessinsiderApr 30th, 2020

Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic

GrubHub, DoorDash, Postmates and Uber Eats were sued on Monday for allegedly exploiting their dominance in restaurant meal deliveries to impose fees that consumers ultimately bear through higher menu prices, including during the coronavirus pandemic......»»

Category: topSource: reutersApr 13th, 2020

American Airlines slashes flights but has no plans to halt U.S. service

American Airlines Co said on Thursday it is cutting additional flights this summer as travel demand has drastically shrunk amid the coronavirus pandemic......»»

Category: topSource: reutersApr 2nd, 2020

Bed Bath & Beyond, Lululemon, Zumiez announce more cost-cutting moves

Three retailers late Thursday announced more belt-tightening measures to shore up balance sheets amid the economic destruction brought by the coronavirus pandemic. Bed Bath & Beyond Inc. said that it has extended the closu.....»»

Category: topSource: marketwatchApr 2nd, 2020

Sysco cutting out fresh food sales amid coronavirus pandemic, NY Post reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 1st, 2020

Southwest Airlines cutting more than 40% of flights in May as demand sags

Southwest Airlines Co said Tuesday it will cut more than 40% of flights from May 3 through June 5 amid a sharp decline in travel demand from the coronavirus pandemic......»»

Category: topSource: reutersMar 31st, 2020

Victoria"s Secret parent L Brands halts dividend, furloughs employees

L Brands Inc. said Friday it was halting its dividend, cutting expenses and its capital expenditures plan, furloughing employees and cutting executive pay to shore up its balance sheet amid the coronavirus pandemic. Dividend pay.....»»

Category: topSource: marketwatchMar 27th, 2020

McDonald’s suspends all-day breakfast

McDonald's Corp. is temporarily halting its all-day breakfast service across the United States due to the coronavirus pandemic. The Chicago-based fast-food chain is suspending the popular service in order to streamline kitchen operations and increase e.....»»

Category: topSource: bizjournalsMar 26th, 2020

McDonald’s suspends all-day breakfast during coronavirus pandemic

McDonald's Corp. is temporarily halting its all-day breakfast service across the United States due to the coronavirus pandemic. The Chicago-based fast-food chain is suspending the popular service in order to streamline kitchen operations and increase e.....»»

Category: topSource: bizjournalsMar 26th, 2020

McDonald"s to trim U.S. menu during coronavirus pandemic

McDonald's Corp said on Wednesday it would temporarily remove some items from its U.S. menu as it focuses on simplifying operations in the face of the fast-spreading coronavirus outbreak......»»

Category: topSource: reutersMar 26th, 2020

Freeport-McMoRan cutting costs, slashing spending amid coronavirus

Phoenix-based mining giant Freeport-McMorRan Inc. on Monday announced measures to cut costs in response to global economic uncertainties brought on by the COVID-19 pandemic and a resulting plunge in copper prices. For starters, the company’s board of .....»»

Category: topSource: bizjournalsMar 23rd, 2020

J.M. Smucker to pay $1,500 hazard pay bonus to employees amid coronavirus

J.M Smucker Co. said late Monday it was giving $1,500 to each of its 5,700 employees who are "serving on the ground" amid the COVID-19 pandemic. J.M. Smucker shares declined 0.2% after hours, following a 8% dec.....»»

Category: topSource: marketwatchMar 23rd, 2020

Pebblebrook suspending most resort and hotel operations, enacting cost-cutting measures

Pebblebrook Hotel Trust (NYSE: PEB) is drastically cutting back on expenses amid the novel coronavirus pandemic, suspending operations at 28 of its hotels and resorts as of Sunday. Most of the remaining 26 properties are anticipated to suspend opera.....»»

Category: topSource: bizjournalsMar 23rd, 2020