Connect with us

Business

For many, this year’s Super Bowl features a salad – and food companies are racing to react

Published

on

For many, this year’s Super Bowl features a salad - and food companies are racing to react
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Wendy’s launches $100K Chief Tasting Officer contest amid burger feud

Published

on

Wendy’s launches $100K Chief Tasting Officer contest amid burger feud

Wendy’s has launched a nationwide contest offering one fan the opportunity to become the company’s “Chief Tasting Officer,” a role tied to a $100,000 compensation package.

The Wendy’s Chief Tasting Officer contest began March 2 and runs through March 30, according to the contest’s official rules.

Advertisement

The grand prize includes “the opportunity to become Wendy’s Chief Tasting Officer and employment by Wendy’s as an independent contractor, receiving a salary equal to $100,000,” conditioned upon completing specified social media content deliverables under contract.

Wendy’s said it is looking for “one lucky fan with genuine brand love, creativity, and a personality that fits everything Wendy’s stands for.”

CRACKER BARREL SALES, TRAFFIC CONTINUE TO SLUMP MONTHS AFTER FAILED REBRAND

Exterior of Wendy's restaurant

Wendy’s launched the “Chief Tasting Officer” competition this week, with a grand prize of $100K. (Image courtesy of The Wendy’s Company / Unknown)

“If you’re the type who cares more about fresh, never frozen beef than climbing the corporate ladder or knows more about JBCs than KPIs—we want you,” the company said. “Apply here and show us what you’ve got.”

Advertisement

The contest comes as fast-food brands exchange jabs online.

A recent video posted by McDonald’s CEO Chris Kempczinski reviewing the chain’s new Big Arch burger drew attention after he described the sandwich as a “delicious product.”

RFK JR FACES PUSHBACK AFTER QUESTIONING SAFETY OF DUNKIN’, STARBUCKS SUGARY DRINKS

Wendy's drive thru

An employee hands a customer their order at the drive-thru window of a Wendy’s Co. restaurant in Peoria, Illinois, U.S., on Monday, Feb. 2, 2015.  (Daniel Acker/Bloomberg / Getty Images)

“Holy cow! God, that is a big burger,” Kempczinski said. “That is so good.”

Advertisement

The McDonald’s website describes the limited-time burger as featuring two quarter-pound patties, three slices of cheddar cheese, lettuce and pickles, along with crispy and slivered onions and a “tangy [and] creamy” sauce.

Social media users reacted in the comments.

“He acts like he’s never seen a burger before. Impressed by sesame seeds,” one Instagram user wrote.

PAPA JOHN’S TO CLOSE HUNDREDS OF RESTAURANTS

Advertisement
Someone walks near one of the Wendy's restaurants on November in Manhattan.

A Wendy’s restaurants on November 13, 2025 in lower Manhattan, New York City. Fast food chain Wendy’s has reported a 4.7% decline in sales at U.S. locations, and the company has decided to close hundreds of its U.S. stores next year. (ZAMEK/VIEWpress / Getty Images)

“That was the smallest first bite I’ve ever seen,” another said.

“It scares me when you call food ‘product,’” a third added.

Wendy’s official X account reposted a video shared by account PopCrave, writing: “This is what it looks like when you don’t have to pretend to like your ‘product’”

Popeyes’ official X account posted their own clapback, writing: “they really do need to hire someone to taste their food to be fair.”

Advertisement

Wendy’s responded: “Flopeyes”

According to the official rules, the contest is open to legal residents of the 50 United States and Washington, D.C., who are 18 years of age or older. No purchase is necessary.

Participants can enter by posting a public 60-second video on Instagram or TikTok using #WendysCTOContest and tagging @Wendys, or by uploading a submission through www.wendyschieftastingofficer.com.

Entries that feature Wendy’s products, logos, stores or branding receive five additional points during judging.

Advertisement

Ten finalists will be selected based on creativity, brand love, brand safety, personality and potential. Each category accounts for 20% of the judging score.

The company’s promotional listing describes the position as:

Title: Chief Tasting Officer
Pay: $100,000
Job Type: Dream

The required credentials include: “A human mouth. A pulse. Opinions. Creativity. Taste.”

Advertisement

GET FOX BUSINESS ON THE GO

Babydog Justice, the English bulldog and beloved mascot belonging to West Virginia Gov. Jim Justice, also reacted on X.

“I noticed being human is a requirement for this role… @Wendys is barking up the wrong tree,” the account wrote. “This job is clearly meant for a paw-fessional taste tester like me!”

Entrants must be at least 18 years old and legal residents of the United States or Washington, D.C.

Advertisement

Fox News Digital’s Andrea Margolis contributed to this reporting.

Continue Reading

Business

Target to open 2,000th store, with 30 new locations expected this year

Published

on

Target to open 2,000th store, with 30 new locations expected this year

Target announced on Thursday it will open its 2,000th store this month in North Carolina as part of an expansion that will include dozens more stores opening this year.

The milestone 2,000th location will open in Fuquay-Varina, North Carolina, on March 15. It will be Target’s 55th store in North Carolina. The new 148,000-square-foot store, located near Raleigh, will include a CVS Pharmacy, Starbucks Cafe and Disney Shop inside.

Advertisement

The company said this location “represents the future of Target’s elevated guest experience with its open, easily navigable layout, convenient same-day services and winning team delivering a more relaxed and enjoyable shopping visit.”

TARGET BETS BIG ON UPGRADES, BEAUTY PUSH TO WIN BACK SHOPPERS: ‘NOT AN EVERYTHING STORE’

inside a Target store with shopping cart

The milestone 2,000th location will open in Fuquay-Varina, North Carolina, on March 15. (REUTERS/Brendan McDermid/File Photo / Reuters Photos)

Target also plans to open 30 new stores this year and 300 by 2035 in what the company described as a new chapter in its strategy to drive long-term, sustainable growth by investing in stores.

In addition to the new store in North Carolina, other new Target stores are set to open this month in Bakersfield and Delano, California; Springfield, Missouri; Jersey City and West Orange, New Jersey; and Dallas, Texas.

Advertisement

“Guests tell us all the time they want a Target closer to home, and this investment helps us do exactly that,” Adrienne Costanzo, chief stores officer at Target said in a press release. “That means even more neighborhoods will get the full Target experience: trend-forward style and value, technology that makes the trip effortless and awesome teams who deliver easy, inspiring and friendly moments every single day.”

Target store in New Mexico

Target also plans to open 30 new stores this year and 300 by 2035. (iStock / iStock)

The company said there is a Target store within 10 miles of most doorsteps across the U.S.

Target has listed more than 40 additional communities across 25 states that will eventually have a new store open. Based on the future store openings Target has already confirmed, the states that will have the most new stores are Florida, North Carolina and Texas.

It also said there would be more than 130 remodels on top of the store openings. Next-day delivery will also launch in more than 20 new metro areas, which the company said reaches 60% of the U.S. population.

Advertisement

TARGET CUTS 500 JOBS, INVESTS MORE MONEY IN STORE STAFFING

Target storefront

The company said there is a Target store within 10 miles of most doorsteps across the U.S. (Eva Marie Uzcategui/Bloomberg via Getty Images / Getty Images)

CLICK HERE TO GET FOX BUSINESS ON THE GO

The retailer said it is “making a commitment to the neighborhoods it calls home.”

“Every time we open a new Target store, we’re planting roots in that community,” Costanzo said. “That means in addition to delivering a better shopping experience that’s faster and more reliable, we’re creating growth and opportunity — through good jobs, support for local nonprofits and long-term economic investment in the neighborhoods we serve. When our teams and communities thrive, so do we.”

Advertisement
Continue Reading

Business

Carillon Chartwell Short Duration High Yield Fund Q4 2025 Commentary (Mutual Fund:CWFIX)

Published

on

Carillon Chartwell Short Duration High Yield Fund Q4 2025 Commentary (Mutual Fund:CWFIX)

A blue and red line graph with a red line on top of a blue line

IURII KRASILNIKOV/iStock via Getty Images

Market Overview

Inflation trends lower, for now

Inflation, as measured by the U.S. Consumer Price Index (CPI), continued easing during the fourth quarter. However, the government shutdown caused disruptions in the data collection process that may have called its reliability

Continue Reading

Business

Home Depot EVP McPhail sells $940k in stock

Published

on


Home Depot EVP McPhail sells $940k in stock

Continue Reading

Business

Rising oil prices to hit profit margins of OMCs, pump up upstream companies

Published

on

Rising oil prices to hit profit margins of OMCs, pump up upstream companies
ET Intelligence Group: A sharp rise in crude oil prices is set to dent the March-quarter profit margins of oil marketing companies (OMCs) as higher feedstock costs compress refining margins, soften fuel-price spreads and widen LPG under-recoveries. Brent crude has jumped nearly 16% so far in calendar 2026 rising from about $71 per barrel at the start of January to $82.3 per barrel as of March 05. While upstream companies including ONGC and Oil India benefit from rising crude prices, the extent of gains will depend upon the government policies related to windfall taxing and subsidy allocations.

Rising crude oil prices compress the gross refining margins (GRM) of OMCs because retail prices of petroleum products such as diesel and petrol do not adjust immediately. GRM is the difference between prices of crude oil and petroleum products.

“For every $1 per barrel rise in crude price, OMCs’ auto-fuel gross marketing margin declines by ‘0.55 per litre (assuming no change in retail petrol, diesel price and excise duty on petrol and diesel) and drags down their consolidated Ebitda (Earnings Before Interest, Taxes, Depreciation, and Amortisation) by 7-9%,” said JM Financial Institutional Securities in a report adding that OMCs typically earn a gross marketing margin of about ‘3.5- 4 per litre on petrol and diesel when Brent is around $70 per barrel.

Rising Prices to Hit Profit Margins of OMCs, Pump Up Upstream CosAgencies

Flow chart Costlier crude impacts price spreads and also worsens LPG under-recoveries

Nomura Financial Advisory and Securities expects integrated margins, which include refining, fuel marketing and LPG under-recoveries, to decline by around $3-4 per barrel at the current crude oil prices for IOCL, HPCL and BPCL compared with the previous quarter.
Higher crude prices also worsen LPG under-recoveries, which eat into OMC profits. Nomura highlights that LPG under-recoveries have more than doubled to ’69 per cylinder in the March quarter till date from ’33 per cylinder in the previous quarter. Since LPG prices are subsidised, any increase in crude oil costs pushes OMCs’ LPG under-recoveries higher.

Advertisement


Upstream companies including ONGC and Oil India, which benefit directly from rising crude prices, are likely to see stronger earnings on the back of higher realisations. ONGC and Oil India would be key beneficiaries if Brent crude sustains above $70 per barrel, as every $1 rise in oil prices boosts their earnings by 1.5-2%, said JM Financial Institutional Securities. Spot LNG prices have more than doubled to $25 per mmbtu (Million British Thermal Units) after QatarGas announced a shutdown in LNG production on March 02. This is likely to affect gas utilities such as GAIL, Petronet LNG, Gujarat Gas and other city gas distributors since both volumes and margins are likely to come under pressure.

Continue Reading

Business

Lineage Cell Therapeutics, Inc. (LCTX) Q4 2025 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Lineage Cell Therapeutics, Inc. (LCTX) Q4 2025 Earnings Call March 5, 2026 4:30 PM EST

Company Participants

Ioana Hone – Director of Investor Relations
Brian Culley – CEO, President & Director
Jill Howe – CFO & Principal Financial and Accounting Officer

Conference Call Participants

Advertisement

Joseph Pantginis – H.C. Wainwright & Co, LLC, Research Division
Jack Allen – Robert W. Baird & Co. Incorporated, Research Division
Mayank Mamtani – B. Riley Securities, Inc., Research Division
Gum-Ming Lowe – Craig-Hallum Capital Group LLC, Research Division
Yang Chen – Raymond James & Associates, Inc., Research Division

Presentation

Operator

Advertisement

Welcome to the Lineage Cell Therapeutics Third (sic) [ Fourth ] Quarter 2025 Conference Call. [Operator Instructions] An audio webcast of this call is available on the Investors section of Lineage’s website at www.lineagecell.com. This call is subject to copyright and is the property of Lineage. And recordings, reproductions or transmission of this call without the expressed written consent of Lineage are strictly prohibited. As a reminder, today’s call is being recorded.

I would now like to introduce your host for today’s call, Ioana Hone, Head of Investor Relations at Lineage. Ms. Hone, please go ahead.

Ioana Hone
Director of Investor Relations

Advertisement

Thank you, Jamie. Good afternoon, and thank you for joining us. A press release reporting our fourth quarter and full year 2025 financial results was issued earlier today, March 5, 2026, and can be found on the Investors section of our website.

Please note that today’s remarks and responses to your questions reflect management’s views as of today only and will contain forward-looking statements within the meaning of federal securities laws. Statements made during this discussion that are not statements of historical fact should be considered forward-looking statements, which are subject to significant risks and uncertainties. The company’s actual results or performance may differ materially from the expectations indicated by

Advertisement
Continue Reading

Business

Five ways the Iran war could affect you – in charts

Published

on

Five ways the Iran war could affect you - in charts

With fuel and gas prices having risen in recent days, here are some ways the conflict could affect households.

Continue Reading

Business

Form 4 Permian Resources Corp For: 5 March

Published

on


Form 4 Permian Resources Corp For: 5 March

Continue Reading

Business

Form 4 GigaCloud Technology Inc For: 5 March

Published

on


Form 4 GigaCloud Technology Inc For: 5 March

Continue Reading

Business

Pentagon informed Anthropic it is a supply chain risk

Published

on

Pentagon informed Anthropic it is a supply chain risk


Pentagon informed Anthropic it is a supply chain risk

Continue Reading

Trending

Copyright © 2025