Fast-Food Giants Bet on Value Meals To Lure Back Diners

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 2 July 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for July 2. Fast-food chains are going to battle over value meals. WSJ’s restaurants reporter Heather Haddon reports on the strategy to lure back customers. And Tesla’s shares jumped as Q2 deliveries slid, but not as much as feared. Plus, former President Donald Trump’s hush-money sentencing has been delayed as the judge weighs the Supreme Court’s immunity ruling. Sabrina Siddiqui hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	With Ecolab Science certified, we take cleaning off your plate so you can focus on what's most important to your restaurant, your guests, and having them switch from giving your restaurant a go to spot.
0:10.0	Ecolab Science certified, Count on a Scientific clean.
0:13.0	Learn more at Science certified.com.
0:15.0	Tesla's vehicle deliveries decline for second straight quarter,
0:22.0	but not as much as expected.
0:24.3	And Donald Trump's hush money sentencing
0:26.4	postponed as Judge Ways Supreme Court's immunity ruling.
0:30.0	Plus, can value meals lure diners back
0:32.2	to fast food and other dining chains?
0:34.0	A lot of consumers miss pre-pandemic pricing, but very few restaurants are going to do that because
0:39.5	it's just untenable right now.
0:41.6	It's Tuesday, July 2nd.
0:43.2	I'm Sabrina Siddiqui for the Wall Street Journal.
0:45.3	This is the PM edition of What's News,
0:47.4	the top headlines and business stories that move the world today. day.
1:00.0	Tesla's vehicle sales slid for a second straight quarter, but not as much as expected, lifting the company's stock price and keeping Tesla ahead of rival BYD as the world's largest
1:04.7	seller of electric vehicles.
1:06.7	The company said it delivered just under 444,000 vehicles globally in the three month
1:11.2	period.
1:12.2	That's a 4.8% decline from the same quarter a year ago.
1:15.3	The decline comes as Tesla's contending with lukewarm demand for its cars and
1:20.0	intensifying competition. The better than expected results boosted Tesla stock price
	...

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