Business

Monday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Monday’s business headlines.

McDonald’s

McDonald’s has entered a strategic partnership with IBM to help the fast-food chain automate its drive-thru lanes.

The technology uses AI to understand drive-thru orders.

This summer, McDonald’s tested the tech at a handful of Chicago restaurants. executives said the test showed “substantial benefits” to customers and employees.

Apple privacy

An investigation by the Financial Times found that Snapchat, Facebook, Twitter and YouTube lost around $9.85 billion in revenue following Apple’s changes to its privacy practices.

Last year, Apple announced the App Tracking Transparency (ATT) policy that requires to ask permission to track users’ data. The policy went into effect in April, barring apps from tracking users if they opt out.

Financial help

Nearly one in three adults get financial support from the bank of mom and dad post-COVID.

For parents, however, supporting grown children can be a financial burden when their own retirement looms.

According to a separate CreditCards.com poll, almost half, or 45% of parents with adult children helped their kids financially throughout the coronavirus crisis.

Del Monte fruit

Inflation pressures force Del Monte to fruit prices.

The price increase go into effect Monday, will be levied on bananas, pineapples and fresh-cut fruit. The company did not say by how much those prices will be raised.

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