Warren Buffett.REUTERS/Rick Wilking Warren Buffett once joked he would have faced a fast-food Thanksgiving without the 2008 bailouts. “If the government hadn’t acted, I would be eating Thanksgiving dinner at McDonald’s,” he quipped. Buffett often eats McDonald’s for breakfast, and owns one of the restaurant chain’s gold cards. Warren Buffett would have celebrated Thanksgiving with …
Earth, once a vibrant planet, now lies in ruins in the game Starfield. Without an atmosphere, it has become an endless desert landscape. The sight of this is truly shocking. Amidst the vast stretches of sand, broken remnants of humanity’s past can still be seen peeking through. Strangely, at each of these somber sites, there …
Is the Rising Popularity of Weight-Management Drugs Killing the Packaged-Food Industry? The increasing popularity of weight-management drugs like Ozempic and WeGovy is not only curbing appetites but also impacting growth forecasts for the packaged-food industry. The GLP-1 drugs, which mimic a hormone that signals fullness to the brain, are leading users of diabetes medications to …
Good morning, Quartz readers! Get ready for the latest news and updates. Kevin McCarthy, the US House speaker, has been ousted by a far-right coalition. This historical event has caused political and economic uncertainty, leaving many in anticipation. The Federal Trade Commission has accused Amazon of using an unfair algorithm, called “Project Nessie,” to outprice …
Good morning, Quartz readers! Here’s what you need to know: The Federal Reserve (Fed) is confident that it will succeed in its fight against inflation by 2026. Officials from the US central bank anticipate that the average annual inflation rate will decrease to 2% by that year. However, there are several factors that need to …
The National Owners Association, representing McDonald’s franchisees in California, has criticized the state’s recently-passed AB 1228 as “draconian” and financially burdensome. In a memo obtained by FOX Business, the association stated that the legislation will have a projected annual cost of $250,000 per McDonald’s restaurant, which franchisees cannot absorb under the current business model. The …
Good morning, Quartz readers! Here’s what you need to know US autoworkers have gone on strike, affecting America’s “Big Three” carmakers—GM, Ford, and Stellantis. Hollywood writers and studios are set to restart talks next week after a 20-week strike that has halted showbiz. President Joe Biden’s son, Hunter Biden, has been indicted on federal gun …
Coca-Cola has recently launched a new beverage called Coca-Cola Y3000, which uses artificial intelligence (AI) technology to create its unique flavor. The drink, part of Coca-Cola’s “Creations” line, aims to evoke the flavors of the year 3000. According to a press release from Coca-Cola, the company collaborated with AI to develop this limited-edition beverage, joining …
Good morning, Quartz readers! Here’s what you need to know: You can now splurge on the latest iPhone, and it’s available in a stunning pink color! More details below. Don’t expect the Federal Reserve to boost your Amazon investment. McDonald’s is saying goodbye to self-serve soda. By 2032, all soda machines in US McDonald’s outlets …
Within the next decade, McDonald’s is set to make a significant change to its customer experience. The ability for customers to self-serve and refill their own drinks will be phased out at all McDonald’s restaurants in the US by 2032. As part of this transition, several locations in Illinois have already moved their soda machines …