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Tag: chains

US News

McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars

As the population of the Sun Belt grows, restaurant chains such as McDonald’s and Portillo’s are looking to those states for future sales growth. U.S. News

World

China’s rare earths dominance makes U.S. supply chains vulnerable, trade representative says

China’s dominance in rare earths makes U.S. supply chains vulnerable, U.S. Trade Representative Katherine Tai told CNBC’s Martin Soong. International: Top News And Analysis

US News

Starbucks CEO defends wage hikes as stock falls 7% on coffee chain’s weak earnings outlook

Starbucks CEO Kevin Johnson defended the coffee chain’s plans to hike wages for baristas, saying that the move will help the company gain market share. U.S. News

World

U.S. and European firms face $1 trillion in costs to relocate their Chinese supply chains, BofA says

Foreign firms looking to move their manufacturing processes outside of China in the wake of coronavirus could face $ 1 trillion in costs over five years, according to new Bank of America research. International: Top…

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