Warning Cookies are used on this site to provide the best user experience. If you continue, we assume that you agree to receive cookies from this site. OK

McDonald’s unveils CosMc'€™s, its answer to Starbucks

today 12/07/2023
McDonald's is testing a new concept called CosMc's, which is a cafe-style establishment similar to Starbucks. The concept is named after a little-known McDonald's character and aims to offer unique and indulgent drinks, such as churro frappes and s'mores cold brew. McDonald's is testing this concept to see if it is popular and if it can compete in the specialty coffee market. The company plans to open one location in Bolingbrook, Illinois this week, followed by nine more locations in Texas next year. Additionally, McDonald's is revamping its McCafe brand and plans to make it a core offering in its regular restaurants, as well as improving the consistency of its coffee across locations.
Stay Connected
Подпишитесь на нашу рассылку и получайте информацию о выходе новых статей, информацию об эксклюзивных скидках и другое
Или же подпишитесь на наш Telegram, чтоб всегда быть в курсе наших новостей.

Recent posts

02/24/2024

Florida House passes legislation that would prohibit kids under 16 from having certain social media accounts

The Florida House passed a bill that would prohibit children under 16 from having social media accounts on certain platforms. The bill now goes to Governor Ron DeSantis for approval. DeSantis has expressed support for parents having a role in deciding their children's social media access. The bill defines social media platforms that would be affected and was filed in January, but its future is uncertain due to legal challenges in other states.
02/22/2024

Japan'€™s Nikkei 225 surpasses all-time high reached in 1989

Pedestrians in Tokyo observed a surge in the value of shares on Japan's Nikkei 225 on February 22, 2024. The Nikkei 225 surpassed its all-time peak during trading, briefly reaching 39,029, exceeding the previous record set in 1989. The rally was driven by a rise in chip stocks, particularly after US chipmaker Nvidia reported strong earnings. The market had a successful year in 2023, with the Nikkei up 28%, and so far in 2024, the index has jumped 17%. The weak yen is a key factor in driving the stock market up, benefiting Japanese exporters and making shares cheaper for foreign investors. Demand for AI is also boosting the outlook for Japanese technology companies. To sustain the rally, Japan will need to deepen its corporate governance reforms to enhance shareholder returns.
02/22/2024

China'€™s economic troubles are hurting global banks

One of the branches of HSBC in Hong Kong was pictured on February 19, 2024. HSBC reported a significant decline in quarterly profit due to a $3 billion hit on its stake in China's Bank of Communications and charges related to exposure to the country's troubled real estate industry. The bank's pretax profit dropped by 80% in the last three months of 2023 compared to the same period in 2022. The impairment of $3 billion was calculated after a December evaluation, which included an estimate of future cash flows at BoCom. Additionally, HSBC made provisions of $3.4 billion to cover expected credit losses and other charges related to its exposure to the commercial real estate sector in mainland China. Despite the challenges, the bank maintained a positive view on China's economy. Other European lenders have also been impacted by China's property woes.
02/22/2024

Mortgage rates rise to 6.9% in third-straight increase

An aerial photo of a housing subdivision in Las Vegas, taken on Feb. 8, 2024, shows the layout of the neighborhood. Mortgage rates have increased for the third consecutive week, nearing 7%. The average 30-year fixed-rate mortgage was 6.90% in the week ending February 22, up from 6.77% the previous week and 6.50% a year ago. Despite smaller fluctuations in rates over the past two months, recent indications from the Federal Reserve have led to higher mortgage rates. Strong economic and inflation data has influenced this trend, causing concern for homebuyers in already unaffordable markets. The potential impact of these rising rates on the housing market is being closely monitored.