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The results are in. McDonald’s latest earnings report sheds light on the growing divide among U.S. consumers—as the wealthiest Americans continue to spend and eat out—while lower income families are making less trips to the Golden Arches as they battle the rising cost of living, skyrocketing food prices, grocery inflation, and stagnate wages. A look at McDonald’s third quarter earnings, released Tuesday after the closing bell, shows the fast food giant’s U.S. same-store sales increasing 2.5%, over the same period last year, (up 3.6% globally,)—but missing analyst expectations with adjusted earnings per share (EPS) coming in at $3.22, ten cents under expectations of $3…

I’ve read a lot of business memoirs. One I keep coming back to is Grinding It Out by Ray Kroc—the man who built McDonald’s into the global giant it is today. Kroc was 52 before he even heard of the McDonald brothers who originally started the company. That fact alone says a lot about how he thought: Success comes eventually, but only to those who keep showing up. Which brings me to McDonald’s third-quarter earnings call Wednesday. McDonald’s reported solid results: global comparable sales up 3.6 percent, U.S. sales up 2.4 percent, revenue of $7.08 billion. The company is outperforming most competitors, but in a brutal environment: Fast-food traffic is…

Activist and advocate Tarana Burke has spent 30 years raising awareness of sexual violence and working to eradicate it. Burke, who currently serves as the chief vision officer of the nonprofit organization Me Too Movement, coined the phrase “Me Too” in 2006 as a way show young women of color who had experienced sexual violence that they were not alone. The phrase took off as a hashtag on social media in 2017 in the wake of sexual assault allegations against Harvey Weinstein and other high-profile men. Since then, Burke’s organization has partnered with groups including &Rise, Black Women’s Blueprint, and Callisto to support survivors of sexual violence in more than 80…

Texas has more than 600 known cases of measles on Tuesday as the outbreak in the western part of the state approaches the three-month mark. The U.S. was up to 800 cases of measles nationwide on Friday. Two unvaccinated elementary school-aged children died from measles-related illnesses in the epicenter in West Texas, and an adult in New Mexico who was not vaccinated died of a measles-related illness. Other states with active outbreaks—defined as three or more cases—include Indiana, Kansas, Michigan, Montana, Oklahoma, Ohio, Pennsylvania, and New Mexico. The U.S. has more than double the number of measles cases it saw in all of 2024. North America has two other outbreak…

Measles infections in America have hit their highest numbers in 33 years. In 2025, cases have topped 1,900, and that number is expected to rise due to an ongoing outbreak in South Carolina. Here’s what you need to know about America’s latest measles outbreak and why the upcoming period could spell troubling times with the disease. What’s happened? Earlier this week, the South Carolina Department of Public Health (DPH) announced 27 new cases of measles in the state since the previous Friday, raising the total number of active measles cases in the southeastern state to 111. Due to the outbreak, there are currently 254 people in quarantine, with another 16 in…

Measles cases continue to rise in the United States nearly two and a half decades after the virus had been declared eliminated in the country. Currently, the epicenter of the U.S. measles outbreak is in Texas, where one child has now died from the disease. Here’s what to know about the outbreak, how far it has spread, and the symptoms to watch out for. Measles U.S. outbreak map As of the time of this writing, there are more than 130 cases of measles across two states alone, reports Reuters. Those states are Texas and New Mexico. However, while Texas has garnered the headlines due to it having the majority of cases, the disease has been found in other U.S. states si…

It’s not just the tech industry that is facing layoffs in 2025. In recent weeks, a number of high-profile media and entertainment companies have seen job cuts. The most recent media giant to reportedly undergo layoffs is the Walt Disney Company. Here’s what you need to know about the layoffs affecting the media industry right now. ABC News and Disney Entertainment Networks cut jobs The Walt Disney Company company is getting ready to let go of about 6% of its employees who work in the company’s ABC News Group and Disney Entertainment Networks units, according to a report from the Wall Street Journal. The layoffs will total about 200 employees and will reportedly…

Transparency comes up a lot with respect to the use of AI in journalism. There are obvious reasons for this—journalism is all about bringing transparency to what happens in the world, after all—and AI is a new thing that many people (rightly) view with skepticism. But that desire for transparency brings an opportunity to improve audience trust, something that’s in short supply lately. In fact, a recent report on the use of AI in news media from the Reuters Institute showed a pretty clear pattern of audiences’ trust declining the more AI was used in the journalistic process. Only 12% of people were comfortable with fully AI-generated content, increasing to 21% for most…

It’s been a tumultuous year for U.S. stock markets. Investors have had their nerves rattled twice this year by government-related events—President The President’s Liberation Day tariffs in the spring, followed by the longest U.S. government shutdown in history this fall. That’s on top of an economy already hit hard by inflation and declining consumer confidence. Yet despite this, there have still been several high-profile and successful initial public offerings throughout the year—especially in the AI and fintech spaces. And now, an IPO this week is set to dwarf all others that have come before it this year. Here’s what you need to know about Medline’s initi…

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. When Geoff Martha, chairman and CEO of Medtronic, took over the medical device maker’s Restorative Therapies Group in 2015, the company faced a tough decision. The group at the time was underperforming, and the leadership team had to consider how to prioritize technology investments suc…

It’s easy to say that the name of the advertising game has always been attention. But the level of skill, belief, strategic rigor, creative confidence, and sheer will required to win this game has never been higher or more complex. Effectively engaging with culture in this pursuit has never been more important or desired by brands and marketers than it is right now, thanks to an ever-fragmented media landscape. There is almost nothing better at attracting our attention and, importantly, keeping it. Why? Because we care. We talk to our friends and family about it. We engage in online and IRL communities about it. The brands and agencies on this year’s list are finding more…

Increasingly, the media and entertainment brands that thrive are ones that can build on their core business in creative ways. Two of the 2025 Brands That Matter honorees in the media and entertainment world—Ebony and Essence—are legacy Black publications that have grown their audiences and cultural cachet by building events around their flagship editorial product. Overtime is partially a sport brand, but it’s also a company that knows how to engage with younger consumers around sports—that’s how it’s gotten noticed by major brands and other sports leagues. Those three examples of the six outlined below, are just some of the ways companies are rethinking what a me…

Aging gracefully is a tall order for any company, but the 2025 Brands That Matter heritage brands honorees have stuck around in style for decades—and in one case, even centuries. Along the way, they’ve adapted to the times and grown even stronger in the process, whether that means embracing design overhauls, creating innovative new technologies, or staying on the pulse of Gen Z trends. Here are the brands proving that age doesn’t necessarily make a brand old-fashioned in 2025. Bath & Body Works Bath & Body Works began as a mall staple in 1990, and 35 years later, it could easily have fallen by the wayside like so many of its peers. But instead, it is Ge…

Burger King is getting into the Halloween spirit. The fast food chain just introduced its first-ever Monster Menu to kick off spooky season. According to a news release, the vamped up menu will drop on Sept. 30. “BK fans have come to expect something spirited from us during the Halloween season, and each year we try to bring even more fun to families,” said Joel Yashinsky, chief marketing officer, Burger King US&C in the release. Yashinsky continued, “This year, we’ve dialed up the fun and flavor, not only with our ‘Monster Menu’ line-up complete with themed menu innovation, packaging and a special crown, but also with collectible buckets and Scooby-Doo toys—…

As cities continue to expand and infrastructure projects grow more ambitious, the construction sector is facing a crippling problem: There aren’t enough workers. The U.S. alone will need to attract around half a million construction workers in 2025 to meet anticipated demand for construction services, according to the trade association Associated Builders and Contractors. In fact, the construction industry in the United States has faced a significant shortage since the Great Recession of 2008 when it lost 30% of its workforce. In response, several states have launched apprenticeships and beefed up community college programs to attract people to skilled trade occupations. …

Ed Zitron peels off his green button-up shirt to reveal the gray tee beneath. Now properly uniformed, two cans of Diet Coke queued up before him, he’s ready to record this week’s episode of his podcast, Better Offline, at audio behemoth iHeartMedia’s midtown Manhattan studio. The topic on this July afternoon, as usual, is artificial intelligence. One of Zitron’s guests, screenwriter, director, and producer Brian Koppelman, talks about paying $200 a month for ChatGPT Pro. When Koppelman earnestly asks, “Do you not think AI is mind-bogglingly great at times?” Zitron’s answer—“No!”—comes so quickly it seems to spring directly from his cerebral cortex. It would have b…

Everlane made waves for being among the first brands to eradicate virgin plastic from its supply chain. In 2019, after years of work, the startup managed to switch out new plastic with recycled plastic, largely made from discarded water bottles. It began incorporating them into jackets and fleece sweaters and bodysuits. It was a big step towards sustainability, since recycled polyester has a lower carbon footprint and diverts plastic from landfills. In the years that followed, many other brands on the market—from H&M to Prada—followed in Everlane’s footsteps, but it didn’t solve the bigger problem of what happens when people decide to get rid of their recycled ga…

Planning to hit the road this holiday season? Or maybe just thinking about an extended drive of some sort for sometime in the new year? The next time you’ve got a driving adventure ahead of you, today’s Cool Tools discovery is exactly the new virtual companion you need. It’s a truly cool app I encountered recently that enhances your standard navigation setup and offers some really smart extras that’ll make whatever trip you’re taking infinitely more interesting—and enjoyable. Lemme show ya what it’s all about. This tip originally appeared in the free Cool Tools newsletter from The Intelligence. Get the next issue in your inbox and get ready to discover all sor…

Back in the 1930s, Robert W. Woodruff, president of the Coca-Cola Co., would carry a red swatch in his wallet. Of course, it wasn’t just any red. It was Coca-Cola red. And so anywhere he went and encountered his brand—painted on a wall, wrapping a refrigerator—he would pull out the little swatch to check that it matched. Woodruff understood the importance of Coca-Cola’s brand equity as it expanded globally—a challenge that has only grown since, now that Coca-Cola sells 2.2 billion servings a day across 200 countries, 150 languages, and 30 million points of sale. But where Woodruff used a swatch, Coca-Cola’s design team has spent the past four years dreaming up a modern op…