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No fries with that: McDonalds Japan facing fry shortage

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McDonalds outlets within Japan are running short on french fries and are making drastic changes

Global fast food outlet McDonalds is seeing a shortage of french fries in Japan.

The fast food company is being forced to ration the product in the nation because of supply chain bottlenecks. It sources potatoes from North America, where omicron cases have been surging.

Reports state that in addition to coronavirus wreaking havoc, flooding at a Vancouver port has further squeezed the logistics network.

McDonald’s—usually goes by the local slang name of “Makudo” or “Makku” in Japan—is trying to arrange alternative flights to ensure the shortage doesn’t continue to plague its 2,900 Japanese outlets in the new year.

Meanwhile, it’s offering customers a 50 yen discount on combos (that typically come with medium fries) on account of the smaller portion.

Oddly enough, this isn’t the first time McDonald’s fries have faced a crunch in Japan. It happened around this time six years ago, too.

McDonald’s hopes that supply issues that will affect its 2,900 outlets in Japan will be resolved by New Year’s eve and said the move won’t affect its hash brown offerings.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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There’s a 50/50 chance of a 2024 recession

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The economy has been remarkably resilient despite massive pressures – but is that about to change in 2024?

 
The US economy is in for a sharp slowdown in 2024 as a closely watched survey of top economists foresees stubbornly high inflation, a rise in unemployment and a 50% chance of recession.

#ticker today #money

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Tesla insurance sued for ‘inflated’ premiums, judge rules

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A judge has ruled that Tesla’s insurance unit must face a lawsuit alleging “inflated” premiums.

The decision comes after policyholders claimed the electric car company’s insurance division overcharged them for coverage.

The lawsuit, which was filed by a group of Tesla policyholders, alleges that the premiums charged by Tesla’s insurance unit were significantly higher than market rates for similar coverage.

The plaintiffs argue that Tesla’s insurance division engaged in unfair pricing practices, leading to overpayment by policyholders.

Tesla has not yet commented on the judge’s decision, but the lawsuit raises questions about the transparency and fairness of the company’s insurance pricing.

It also highlights the growing scrutiny on how tech companies enter and compete in traditional industries like insurance.

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Elon Musk mocks Paris Hilton’s cookware ad

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Tech mogul Elon Musk couldn’t resist poking fun at Paris Hilton’s recent cookware ad campaign after her company suspended a mysterious “X” deal.

In a tweet that quickly went viral, Musk quipped that the ad “wasn’t super convincing.”

The tweet came shortly after Paris Hilton’s company, Hilton Home Collection, announced the suspension of an undisclosed partnership, leaving fans and followers speculating about the nature of the collaboration. While the reasons for the suspension remain unknown, Musk’s tweet added a humorous twist to the situation.

Musk’s lighthearted remark sparked a flurry of reactions on social media, with some users joining in on the jest and others expressing curiosity about the nature of the suspended deal. Meanwhile, Paris Hilton herself has yet to respond to Musk’s comment, leaving many wondering if there’s more to the story than meets the eye.

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