Disney to create Amazon Prime-like membership, McDonald's fights $22 wages, Snap restructures
Description
AI in drive-throughs, Snap firing 20% of their staff, and Disney creating an Amazon-like membership? All this and more in This Week in Finance!
August 25 - September 1
#disney #starbucks #snapchat
----- 00:00 Intro
00:40 Panera introduces AI drive-throughs
04:10 California to raise fast-food wages to $22
06:35 Sam's Club increases membership fees
09:23 Snapchat cuts 20% of staff and restructures
12:40 Disney to make an Amazon Prime-like membership
17:20 Starbucks finds new CEO
20:11 Outro
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Panera AI: https://www.cnbc.com/2022/08/29/panera-bread-tests-artificial-intelligence-technology-in-drive-thru-lanes.html
Californa Wages: https://www.cnbc.com/2022/08/31/mcdonalds-us-head-says-california-fast-food-bill-unfairly-targets-big-chains-.html
Sam's Club: https://www.cnbc.com/2022/08/31/walmart-sams-club-raises-membership-fee-for-first-time-in-9-years.html
Snap: https://www.cnbc.com/2022/08/31/snap-confirms-20percent-job-cuts-and-announces-business-restructuring-.html
Disney: https://www.wsj.com/articles/disney-explores-amazon-prime-like-membership-program-to-offer-discounts-and-perks-11661978329
Starbucks: https://www.cnbc.com/2022/09/01/starbucks-says-laxman-narasimhan-will-take-over-as-ceo-in-april.html
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