May 6, 2020 - Health

Wendy's locations run out of burgers as meat shortages hit consumers

Photo: Frederic J .Brown/AFP via Getty Images

A fifth of Wendy’s 1,043 fast-food restaurants have run out of meat, an analysis by the financial firm Stephens found, per the New York Times.

Why it matters: The days of unlimited meat options have temporarily come to an end across the U.S. — and while meat is still available, consumers are likely to face localized purchase limits or shortages as supply chains creak under the strain of the coronavirus.

The big picture: Dozens of meat plants around the country shuttered as workers came down with the coronavirus in recent weeks. And supply chain shifts — as wholesale demand plummeted with restaurant closures — also impacted the industry.

  • Grocers like Costco, Kroger and Hy-Vee have announced that they're limiting the number of fresh beef, poultry or pork items that customers can purchase.
  • President Trump signed an executive order last week under the Defense Production Act aimed at keeping meat plants open, labeling the facilities as "critical infrastructure."

What to watch: Analysts expect the temporary fresh beef shortages to reach their peak around Memorial Day, per the Times.

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Updated 21 mins ago - Politics & Policy

Updates: George Floyd protests continue past curfews

Police officers wearing riot gear push back demonstrators outside of the White House on Monday. Photo: Jose Luis Magana/AFP via Getty Images

Protests over the death of George Floyd and other police-related killings of black people continued Tuesday across the U.S. for the eighth consecutive day, prompting a federal response from the National Guard, Immigration and Customs Enforcement and Customs and Border Protection.

The latest: Even with early curfews in New York City and Washington, D.C., protesters are still out en masse. Some protesters in D.C. said they were galvanized by President Trump's photo op in front of St. John's Church on Monday and threat to deploy U.S. troops in the rest of country if violence isn't quelled, NBC News reports.

Updated 31 mins ago - Politics & Policy

Trump backs off push to federalize forces against riots

Photo: Brendan Smialowski /AFP via Getty Images

A day after threatening to federalize forces to snuff out riots across the country, the president appears to be backing off the idea of invoking the Insurrection Act, sources familiar with his plans tell Axios.

What we're hearing: Aides say he hasn’t ruled out its use at some point, but that he's “pleased” with the way protests were handled last night (apart from in New York City, as he indicated on Twitter today) — and that for now he's satisfied with leaving the crackdown to states through local law enforcement and the National Guard.

What we expect from our bosses

Illustration: Eniola Odetunde/Axios

Workers — especially millennials and Gen Zers — are paying close attention to the words and actions of their employers during national crises, such as the protests following the killing of George Floyd in police custody.

Why it matters: American companies have an enormous amount of wealth and influence that they can put toward effecting change, and CEOs have the potential to fill the leadership vacuum left by government inaction. More and more rank-and-file employees expect their bosses to do something with that money and power.