Chick-fil-A Is America’s Favorite Restaurant for 8th Year in a Row

Chick-fil-A has maintained its position as America’s favorite restaurant for eight years in a row, according to the American Customer Satisfaction Index (ACSI).

That’s in spite of the fact that overall, consumers prefer full-service restaurants over fast food.

The survey found that Americans’ satisfaction with fast food restaurants decreased by 2.6% in the last year, earning the category a score of 76. Meanwhile, full-service restaurants maintained their score of 80 from 2021.

The ACSI released its annual restaurant survey for the 2021-2022 year on Tuesday.

Even though fast food declined in popularity this year, Chick-fil-A maintained its score of 83, the highest score in the ACSI restaurant survey.

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Source: Fox 5 NY

Chick-fil-A Is America’s Favorite Restaurant for 8th Year in a Row

Chick-fil-A has maintained its position as America’s favorite restaurant for eight years in a row, according to the American Customer Satisfaction Index (ACSI).

That’s in spite of the fact that overall, consumers prefer full-service restaurants over fast food.

The survey found that Americans’ satisfaction with fast food restaurants decreased by 2.6% in the last year, earning the category a score of 76. Meanwhile, full-service restaurants maintained their score of 80 from 2021.

The ACSI released its annual restaurant survey for the 2021-2022 year on Tuesday.

Even though fast food declined in popularity this year, Chick-fil-A maintained its score of 83, the highest score in the ACSI restaurant survey.

Click here to read more.
Source: Fox 5 NY

Chinese Automaker BYD Surpasses Tesla as the World’s Largest Electric Vehicle Producer

Chinese automaker BYD, which is backed by Warren Buffett, has surpassed Tesla as the world’s leading electric vehicle seller.

Driving the news: BYD sold 638,157 electric or plug-in hybrid passenger vehicles in the first six months of 2022, according to company filings published on July 3.

The figure represents a nearly 325% year-on-year increase from the same period last year.
In June alone, BYD sold 133,762 electric or plug-in hybrid passenger vehicles.
In the first two quarters of 2022, BYD sold 323,519 battery electric vehicles and 314,638 plug-in hybrids.

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Source: Axios

Stock Market at Its Worst Levels Since 1970

Stocks fell on Thursday, as the S&P 500 caps off its worst first half in more than 50 years.

The Dow Jones Industrial Average shed 249 points, or 0.8%. The S&P 500 slid 0.7%, and the Nasdaq Composite pulled back by 1%.

Cruise stocks continued to drag and led the market lower, after Morgan Stanley cut its price target on Carnival roughly in half Wednesday and said it could potentially go to zero. Carnival shares were down 5% Thursday along with Royal Caribbean. Norwegian Cruise Line fell 6%.

Home retail stocks were down too. High-end furniture chain RH saw shares drop about 9% after it issued a profit warning for the full year. Wayfair and Williams-Sonoma followed lower by 5% and 3%, respectively.

“The combination of slowing growth, fading EPS prospects, and ongoing monetary tightening has been weighing on equity sentiment for months and is causing consternation again this morning,” wrote Adam Crisafulli of Vital Knowledge.

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Source: CNBC

Global Coin Review: The go-to reliable Broker for most traders?

Global Coin Review: The go-to reliable Broker for most traders?

You’ll have to choose a trustworthy broker when you’re just getting started as a trader. Instead of being swayed by false promises, the best way to make an informed selection is to thoroughly study the broker and evaluate a variety of factors. One of the brokers you’ll encounter is Global Coin. Global Coin is a licensed CFD broker that provides CFDs, Forex, and cryptocurrency trading assets.

This implies that the broker is reliable, allowing you to trade with confidence. We’ll go over all of the features of Global Coin as well as the services that it offers as an online trading platform.

What is Global Coin?

Global Coin is a CFD-focused brokerage platform that offers greater tools for online trading. Among many other investment vehicles, you can trade forex, stocks, cryptocurrencies, commodities, and indices.

This platform is quite easy to use and understand. You may quickly choose the assets you wish to trade and then create a short or long position.

Global Coin Security

Global Coin’s platform is highly protected and regulated by a variety of international regulatory agencies. Customers’ funds are stored in a separate account, meaning they aren’t mixed in with the company’s operating cash. Because of Global Coin, traders may trade with complete confidence. Global Coin does not disclose customer data to a third party.

Global Coin Trading platform

The site is nicely-designed, featuring all of the required elements as well as some extras like an economic calendar and breaking headlines. The economic calendar is essential for Forex trading since it lists all of the macroeconomic data releases that may have an influence on currency values, as well as analyst forecasts.

Training and Education

On the Global Coin website, there is a page dedicated to education in which you can find a beginner’s guide and useful information for those who are just starting with trading.

Thus, according to Global Coin, the goal of brokers is to assist traders in honing their skills and trading tactics so that they can be lucrative over time. Global Coin offers a comprehensive training program that includes video courses and guides, live market analysis, online webinars, and networking with other traders.

Tight Spread and Low commission

Depositing and withdrawing funds on Global Coin is completely free. The procedure of registering and validating a platform account is also free. Global Coin only charges a small fee for each successful transaction, as is customary, in return for its status as a registered broker that provides traders with cutting-edge trading tools.

Assets to trade 

Investors can choose from a wide range of trading products offered by Global Coin. Traders have complete freedom to trade whatever asset they wish. In the financial industry, there are many well-known trading brokers, but they only provide a limited number of investment products to traders. Traders are constrained by the fact that they have no other options. Global Coin, on the other hand, is aware of the needs of traders and works to satisfy them as quickly as feasible. Global Coin offers CFDs, commodities, equities, forex, and a whole lot more. Traders must pay a minor charge on currencies, indexes, and commodities. The fees for each account are different.

Global Coin Customer support

In addition to its desktop and mobile device compatibility, Global Coin is also extremely user-friendly with cutting-edge technology. Its customer service team is available 24 hours a day, 365 days a year to better serve its customers in whatever capacity they desire.

Final Thought

making it a reliable broker. In addition to delivering excellent service, the broker’s sophisticated platform and customer products received high praise. As a Global Coin user, you will benefit from a long-term relationship with a company that values active traders’ long-term partnerships. Global Coin is an excellent broker! 

You can try out Global Coin for free today.  All registration is completed in less than two minutes, and you can as well test your trading skill without risk by using the platform demo trading account. 

Disclaimer: This is a sponsored marketing content.

Digital Marketing During a Pandemic: What You Need to Know

Digital marketing has always been the next step in promoting and advertising. During a pandemic, though, this type of marketing has become even more important than ever before. Therefore, it is imperative that each and every business owner is prepared to navigate these tricky waters.

Continue reading “Digital Marketing During a Pandemic: What You Need to Know”

Tesla Sued by Former Employees Over ‘Mass Layoff’

A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo
A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo

June 21 (Reuters) – Former Tesla Inc (TSLA.O) employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a “mass layoff” violated federal law as the company did not provide advance notice of the job cuts.

The lawsuit was filed late on Sunday in Texas by two workers who said they were terminated from Tesla’s gigafactory plant in Sparks, Nevada, in June.

According to the suit, more than 500 employees were terminated at the Nevada factory.

The workers allege the company failed to adhere to federal laws on mass layoffs that require a 60-day notification period under the Worker Adjustment and Retraining Notification Act, according to the lawsuit.

They are seeking class action status for all former Tesla employees throughout the United States who were laid off in May or June without advance notice.

“Tesla has simply notified the employees that their terminations would be effective immediately,” the complaint said.

Tesla CEO Elon Musk, the world’s richest person, said earlier this month he had a “super bad feeling” about the economy and that Tesla needed to cut staff by about 10%, according to an email seen by Reuters.

More than 20 people identifying themselves as Tesla employees said they were laid off, let go or had positions terminated this month, according to online postings and interviews with Reuters.

The action filed by John Lynch and Daxton Hartsfield, who were fired on June 10 and June 15 respectively, seeks pay and benefits for the 60-day notification period.

Tesla, which has not commented on numbers of layoffs, did not respond to requests for comment about the lawsuit.

Musk, however, on Tuesday called the lawsuit “trivial.”

“Let’s not read too much into a pre-emptive lawsuit that has no standing,” he said at the Qatar Economic Forum organised by Bloomberg.

“It seems like anything related to Tesla gets a lot of clicks, whether it is trivial or significant. I would put that lawsuit you’re referring to in the trivial category.”

Shannon Liss-Riordan, an attorney representing the workers, told Reuters she finds it very concerning that the richest man in the world considers it “trivial” that his company is blatantly violating federal labor law to protect workers.

“While two months’ pay certainly doesn’t matter to him, it matters a lot to the employees who made his company what it is,” she added.

She said Tesla is offering some employees only one week of severance, adding that she is preparing an emergency motion with a court to try to block Tesla from trying to get releases from employees in exchange for just one week of severance.

The lawsuit was filed in the U.S. District Court, Western District of Texas.

Source: Reuters

Wall Street Gains Over 2% in Broad Rebound

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 15, 2022. REUTERS/Brendan McDermid/File Photo
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 15, 2022. REUTERS/Brendan McDermid/File Photo

June 21 (Reuters) – Wall Street’s major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.

All 11 major S&P 500 (.SPX) sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.

Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.

“Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time,” said Kristina Hooper, chief global market strategist at Invesco. “But I do think it is a good sign to see investor interest.”

The Dow Jones Industrial Average (.DJI) rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 (.SPX) gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite (.IXIC) added 270.95 points, or 2.51%, at 11,069.30.

The energy sector (.SPNY), the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.

Megacap stocks Apple Inc (AAPL.O), Tesla Inc (TSLA.O) and Microsoft Corp (MSFT.O) all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.

The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.

Source: Reuters

Mike Lindell Vows to Keep Fighting Cancel Culture After Walmart Pulls MyPillow From Stores

MyPillow CEO Mike Lindell says Walmart is the latest retailer to remove his product from its store shelves.

During a live stream with Diamond and Silk on Thursday, Lindell said Walmart claims that ratings for MyPillow are too low to keep it in the stores.

Lindell said he previously spoke with a Walmart representative and suggested lowering the price of his pillows. He said a week later, the representative finally got back to him and said the company was going to “drop MyPillow.”

“I said, ‘why are you canceling MyPillow?’ and you know what he said? ‘MyPillow does not have a four-star rating. They are 3.8,'” Lindell recalled.

He said the retailer supposedly launched a new rating system several years ago.

Lindell noted that sales for his product have been at an all-time high this year.

“I said, ‘you’re a liar, you’re canceling MyPillow. You should be ashamed of yourself and you’re going to be all over the news and you guys made your bed. I will never go back to Walmart again.'”

During the interview, Lindell briefly mentioned the 2020 presidential election as a cause for his product to be pulled.

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Source: CBN