Cheddar afternoon business report for March 6, 2018

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NEW YORK -

McDonald's is getting fresh. The chain will roll out fresh beef patties to 14,000 U.S. locations by May. It has reportedly cost McDonald's $60 million to transition from frozen to fresh. The restaurant was called out and mocked for serving frozen beef in Wendy's Super Bowl ad last month. 

MoviePass isn't just keeping track of what movies you're watching, it's monitoring where you are before and after the film and even how you drive home. In a statement to Tech Crunch, the company said it plans to use the data for location-based marketing to help make the overall movie-going experience better.

Forbes published its 2018 list of billionaires Tuesday. Amazon CEO Jeff Bezos is No. 1 on the list for the first time ever, moving ahead of Microsoft founder Bill Gates. Bezos is the first person to appear in the ranks with a 12-figure fortune. The United States is home to the most billionaires, followed by China.

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