Money

Money

Fast-food chains cut discounts, push pricy meals post-pandemic

NEW YORK - Restaurant chains including McDonald's Corp and KFC are paring back $5-and-under "value" items in favor of more expensive $10-to-$30 combination meals, a strategy employed to lift sales and profits and offset rising food costs as the U.S. economy reopens.

Money

Colonial Pipeline faces class-action lawsuit over fuel shortages

A class-action lawsuit is seeking damages for costs and lost profits incurred by more than 11,000 gas stations along the East Coast after the ransomware attack against the Colonial Pipeline led to panic-buying and fuel shortages. The suit is also seeking a court order requiring Colonial Pipeline Co. to implement security protocols consistent with legal and industry standards.