Tuesday, August 1, 2023

The Daily Money: Where's the beef?

The California-based company is only the latest fast-food company to sued for smaller-than-expected portions.

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Aug 1 2023

 

Swapna Venugopal Ramaswamy  National Housing and Economy Correspondent

@SwapnaVenugopal

Happy Tuesday, dear TDM readers! This is Swapna Venugopal Ramaswamy bringing you today's top headlines.

A New York man is suing Taco Bell for false advertising. His complaint? The company isn't making many of its menu items the way they're pictured in advertisements.

Frank Siragusa of Queens, New York, is seeking class-action status to include other disappointed Taco Bell customers.

The lawsuit includes multiple side-by-side photos comparing Taco Bell's advertisements with what the food looks like IRL.

The "Mexican Pizza" he bought, Siragusa claims, had about "half of the beef and bean filling that he expected."

GrilledCheeseDippingTaco_4.jpg

Taco Bell's newest limited-time menu item, the Grilled Cheese Dipping Taco hits Taco Bell's menu on Thursday, Aug. 3.

Taco Bell

The California-based company is only the latest fast-food company to be sued for smaller-than-expected portions. Last year, McDonald's, Burger King and Wendy's were all sued last year size of their cheeseburgers.

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CVS layoffs:The healthcare giant is cutting about 5,000 'non-customer facing positions: The cuts represent less than 2% of the company's total workforce, which comprised roughly 300,000 employees at the end of 2022.

Elon Musk, X Corp. threatens a lawsuit against an anti-hate speech group: Musk has threatened to sue  the Center for Countering Digital Hate, a group of independent anti-online-hate speech researchers.

Screenshot 240

An excerpt from a lawsuit filed this week against Taco Bell.

Courtesy of U.S. District Court

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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The jackpot has been on the rise since the spring, when a $20 million prize was won in Syracuse, New York on April 18.

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Ford, Chrysler among 1 million-plus recalled vehicles. Check recalls here.

Ford Motor Co. had more than 1 million vehicles including F-150 pickup trucks and Escape SUVs among the recalls published by the NHTSA last week.

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Shell gas station prices are seen on May 30, 2023 in Austin, Texas. Gas prices begin to rise nationally, but remain lower than prices around this time last year.
 

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