Half of Canadian eating places working at a loss or ‘simply breaking even’

Eating places are dealing with a bumpy highway to restoration after years of pandemic-related challenges. They’re now coping with rising bills, low buyer counts, excessive debt and low profitability, based on Eating places Canada. “Restaurant operators are struggling financially, with half of our operators working at a loss or simply breaking even,” stated Christian Buhagiar, … Read more

McDonald’s franchisees fear new grading system will alienate staff

MC Donalds franchise homeowners are expressing concern and frustration over a brand new grading system the quick meals large is planning to roll out early subsequent 12 months, with some saying it’s poor timing on account of unprecedented pressures within the workforce. The corporate plans to enact the system, known as Operations PACE, which stands … Read more

FAANG stocks plus Microsoft lost $1.4 trillion in market value during April

On another difficult Friday afternoon for the stock market, the broad US indexes ended with significant declines. One element that stood out during such a rough year for technology stocks was that the FAANG group (Facebook holding company Meta Platforms Inc. FB, -2.17%, Apple Inc. AAPL, +0.47%, Amazon.com Inc. AMZN, -1.40%, Netflix Inc. NFLX, -3.90%, … Read more