Other business may raise pay

An employee hands an order to a customer through a drive-thru window at a McDonald’s restaurant in Oakland, California, April 9, 2020. David Paul Morris | Bloomberg | Getty Images As fast-food chains in California start to pay their workers a higher minimum wage, other business owners across the state are watching to see whether … Read more

McDonald’s and Starbucks blame Israel-Hamas war for slower sales

People dit at McDonald’s outdoor seating after going out on a Saturday night along Rothschild Street on June 11, 2022 in Tel Aviv, Israel.  Alexi Rosenfeld | Getty Images McDonald’s and Starbucks, two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of … Read more