Business

McDonald’s to Sell Krispy Kreme Doughnuts Nationwide by 2026

McDonald’s announces plans to sell Krispy Kreme doughnuts at all U.S. locations by end of 2026. The rollout will commence this year and take approximately two and a half years to complete. Shares of Krispy Kreme surged 24% following the announcement. The partnership presents a substantial opportunity for Krispy Kreme to expand its market presence and increase production volumes.

Swedish Candy Craze Hits America

Swedish candy is the latest TikTok trend causing a surge in demand for small businesses like BonBon in Manhattan and Brooklyn. Other Scandinavian candy shops are also seeing increased demand as Americans line up to get a taste of the colorful, flavorful treats. The tradition of ‘lordagsgodis,’ or ‘Saturday sweets,’ dates back to the 1950s in Sweden, where weekly trips to the candy store are a serious family outing and a way to teach kids about finances.

Ryanair CEO Supports Boeing Management Changes

Ryanair CEO Michael O’Leary expresses support for management changes at Boeing, citing the need for improvements in performance. The Irish budget carrier is eager to work with new leadership to expedite aircraft deliveries and mitigate growth projections for 2024.

Dollar Tree Increases Price Ceiling to $7 to Attract Higher-Income Shoppers

Dollar Tree is adjusting its pricing strategy to attract more high-income shoppers by raising its price ceiling to $7. CEO Rick Dreiling stated that the majority of items will still be offered at the $1.25 price point, aiming to provide a more relevant assortment to customers. The company’s new customers in 2023 mostly came from households with annual incomes exceeding $125,000, reflecting a shift in consumer demographics. The expanded product range at higher price points will include food and snacks, beverages, pet care, and personal care items.

Boeing Undergoing Significant Management Overhaul in Response to Safety Crisis

Boeing is making significant changes to its management in response to a deepening safety crisis, reflecting the company’s commitment to addressing concerns raised by regulators and industry experts. The aerospace giant’s efforts to navigate through this challenging period will have far-reaching implications for the aviation industry and beyond.

Wheat Futures Rise Due to Concerns About French Crop Condition

Wheat futures rose in overnight trading due to concerns about French crop conditions and short covering. Cattle on feed in the U.S. also rose by 1% year over year, with record high placements. May delivery wheat futures reached $5.59 a bushel on the Chicago Board of Trade, while corn and soybean futures fell.

Mega Millions Jackpot Soars to Over $1 Billion

The Mega Millions jackpot has reached over $1 billion, the sixth time in history it has exceeded this amount. With no winners in the latest drawing, the jackpot now stands at $1.1 billion. The next drawing is scheduled for Tuesday, with Powerball featuring an $800 million jackpot on Monday night. Players have the option to add the ‘Megaplier’ for $1, which can multiply non-grand prize winnings by two, three, four, or five.

San Antonio Solar Eclipse Watch Party

Prepare for the total solar eclipse over San Antonio on April 8th. Local venues are organizing eclipse-themed watch parties, including a solar eclipse brunch, a pickleball restaurant party, and a frozen custard event. Get your solar eclipse glasses and enjoy special eclipse-themed cocktails and beers while witnessing this rare celestial event.

Rising Auto Insurance Rates in the U.S.

Auto insurance rates in the U.S. have surged, with the average annual premium for full coverage reaching $2,543 in 2024, marking a 26% increase from the previous year. Factors such as longer repair times, higher rental car costs, and increasing expense of car repairs are contributing to this rise. Insurers have aggressively hiked premiums, creating a challenging environment for consumers seeking lower rates. With around 215 million Americans carrying auto insurance, the market is valued at approximately $353 billion, as reported by IBISWorld. The impact of these rising premiums on consumers and major publicly traded companies such as Allstate, Progressive, and Berkshire Hathaway’s Geico needs to be addressed to understand the broader implications of the escalating auto insurance costs.

Where to Buy Solar Eclipse Glasses

As the excitement for the upcoming solar eclipse grows, it’s important to find reliable sources for purchasing solar eclipse glasses. Local astronomy clubs, science museums, online retailers, and optometry stores are all potential places to buy these crucial eyewear. It’s crucial to verify the authenticity of the glasses and ensure they are ISO-certified for safety during the eclipse.