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Minimum-Wage Blowback - Wendy's To Employ Self-Service Kiosks At 6,000 Locations

Minimum-Wage Blowback - Wendy's To Employ Self-Service Kiosks At 6,000 Locations

Submitted by Mike Shedlock via MishTalk.com,

In direct response to higher wage prices and the firming of commodity prices, Wendy’s is going to install self-service ordering kiosks at 6,000 locations. McDonald’s is expected to follow at a slower pace.

Investors Business Daily reports Wendy’s Serves Up Big Kiosk Expansion As Wage Hikes Hit Fast Food.

Frontrunning: May 6

  • Trump, under pressure to unite Republicans, sharpens attack on Clinton (Reuters)
  • Trump's Campaign Upends the Science of Presidential Transition (BBG)
  • Trump says Britain would be better off outside EU (Reuters)
  • Goldman Said to Extend Fixed-Income Job Cuts to 10% of Staff (BBG)
  • Apple's Tim Cook to visit China for government meetings (Reuters)
  • China regulator studying impact of overseas-listed firms relisting in China (Reuters)
  • China Ponzi Warning to Asset Managers Cites Pooling of Cash (BBG)

Global Markets, S&P500 Futures Fall After Brussels Bombings

This morning's Brussels bomb attacks have led to risk-off sentiment across European asset classes, with Bunds higher and equities firmly in the red, although if the Paris terrorist attacks of November are any indication, today's tragic events may be just the catalyst the S&P500 needs to surge back to all time highs. FX markets have also been dominated by events in Brussels, with USD and JPY strengthening, while EUR and GBP softening throughout the European morning.

The End Of The Road For Tablets

Tablets did not feature this year at the Mobile World Congress in Barcelona. After Apple released the first iPad in 2010, the market for Android tablets is not as hot as it once promised to be. Large screen smartphones are encroaching on the Tablets’ 7″ domain. Tech Crunch reports: To be fair, if you looked hard enough, you could find an Android tablet or two hidden in a corner of the Fira Gran Via. And Apple, the tablet leader, doesn’t come to MWC. But it’s safe to say that tablets are not the future for the Samsungs and LGs of the consumer electronics world.

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