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Stock impact report

$25 McDonald's bundle in viral video draws blame for California minimum wage hike [USA TODAY]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: USA TODAY
has sparked blame for the state's latest minimum wage increase for fast food workers. Since going into effect on April 1, the law requires chains with 60 or more restaurants nationwide to offer workers a $20 an hour starting wage , up from the previous $16 standard. The viral video shows the frustrated customer at a Southern California drive-thru venting as she calls the price of the "40-piece chicken McNuggets bundle" absurd. The combo comes with four containers of 10 piece nuggets and two large fries for $25.39 plus a sales tax, which she calls "McFlation." "OK, so it's $25.39 for 40-piece nuggets and two large fries," the customer said in the video. "You couldn't even throw in a medium Sprite in there? Holy crap." Price was higher than SoCal average, McDonald's says The video's comment section opened a forum for many to blame California's new law for the menu price soar. However, the price in the TikTok video is higher than the average cost of the 40-piece chicken McNug Show less Read more
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