Researchers: Impossible Burgers driving traffic to Burger King

Posted: Updated:

 Here's the latest business headlines from Cheddar.

Researchers at Barclays who are tracking traffic to Burger King’s serving Impossible Burgers are finding the plant-based fake meat is driving traffic to the franchise. Traffic grew 18% at Saint Louis locations that served the Impossible Burger, compared to nearby McDonald’s or Burger King’s without the burger, that according to the researchers.

Fiat Chrysler is facing a civil penalty worth $79 million for failing to meet 2017 fuel economy requirements. This comes as regulators report more automakers are falling short of U.S. greenhouse gas emissions standards. The NHTSA says 13 out of 18 major carmakers in the U.S. failed to comply with the standards, and says automakers are falling further behind current standards.


Microsoft CEO Satya Nadella is seeing a pay bump. Independent directors at the tech giant are citing his strategic leadership and efforts to drive change, as the company moves into cloud services. Nadella received a $1 million base salary rise and an increase in stock awards. He received $42.9 million in total compensation in fiscal year 2019.

 

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