#McDonald’s hikes prices, customers switch to cheaper menu items

#McDonald’s hikes prices, customers switch to cheaper menu items

“McDonald’s hikes prices, customers switch to cheaper menu items” Menu price hikes and a new loyalty program helped McDonald’s beat estimates for quarterly sales and profit on Thursday, despite inflationary pressure on consumers, the war in Ukraine and COVID-19 lockdowns in China. Shares of the Chicago-based company rose nearly 3% to $253.82. Pinched by higher costs for gas, rent and…

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#Zuckerberg downplays employee exodus as Meta’s stock soars

#Zuckerberg downplays employee exodus as Meta’s stock soars

“Zuckerberg downplays employee exodus as Meta’s stock soars” Mark Zuckerberg downplayed recent employee turnover at Facebook’s parent company Meta, even as the tech giant reported strong earnings that sent its shares soaring on Thursday. During the company’s first-quarter earnings call, an analyst asked Meta executives to address the state of its “employee retention” and whether…

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#Woman offers ex-husband in home sale: He’ll cook and clean

#Woman offers ex-husband in home sale: He’ll cook and clean

“Woman offers ex-husband in home sale: He’ll cook and clean” This property seller is sweetening the pot with a flesh-and-blood amenity: “Wonderfully rehabbed ex-husband up for grabs.” Crystal Ball, 43, is trying to sell one of her Panama City Beach, Florida, properties, listing the home with three bedrooms, two bathrooms, a patio, pool, hot tub —…

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#Same-sex couple makes history with Antarctica wedding

#Same-sex couple makes history with Antarctica wedding

“Same-sex couple makes history with Antarctica wedding” Both of these grooms had cold feet on their wedding day — literally. A gay couple made history by holding their nuptials in Antarctica, becoming the first same-sex couple to wed in the British Antarctic Territory. Eric Bourne and Stephen Carpenter, who are both stewards on the polar research ship…

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#US economy shrank by 1.4% as inflation takes toll on GDP

#US economy shrank by 1.4% as inflation takes toll on GDP

“US economy shrank by 1.4% as inflation takes toll on GDP” The US economy contracted by 1.4% in the most recent quarter, shrinking for the first time since the pandemic-induced recession two years ago as inflation continues to surge, according to government data released on Thursday. The Commerce Department’s estimate Thursday of the first quarter’s…

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