Latest McDonald's Corp News
Rhode Island transit chief resigns after he's accused in a hit-and-run at a McDonald's drive-thru
PROVIDENCE, R.I. (AP) — Rhode Island Public Transit Authority CEO Scott Avedisian submitted a letter of resignation to Gov. Dan McKee on Thursday just two weeks after he was accused in a hit-and-run in a McDonald’s drive-thru in Warwick. The announcement came the same day as the...
Storms bring floods and damaging wind across the South; 1 dead in Mississippi
SLIDELL, La. (AP) — Severe storms blamed for a death in Mississippi spawned a tornado that demolished buildings in one Louisiana city Wednesday while inundating streets in low-lying New Orleans with hours of steady rain that snarled traffic and strained the city’s antiquated drainage system. ...
McDonald's buys its Israeli restaurants from franchisee who sparked costly boycotts
McDonald’s is buying its restaurants in Israel from a longtime franchisee, hoping to reset sales that have slumped due to boycotts in the region. The Chicago-based burger giant said Friday it will buy Alonyal Limited, which owns and operates 225 restaurants in Israel. Financial...
California schools forced to compete with fast food industry for workers after minimum wage hike
SACRAMENTO, Calif. (AP) — Lost in the hubbub surrounding California's new $20-per-hour minimum wage for fast food workers is how that raise could impact public schools, forcing districts to compete with the likes of McDonald's and Wendy's for cafeteria workers amid a state budget crunch. ...
New $20 minimum wage for fast food workers in California set to start Monday
LIVERMORE, Calif. (AP) — Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already known for its high...
Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs
BANGKOK (AP) — Asian shares were mixed on Wednesday after Wall Street slipped a bit further from its record highs. Oil prices fell while U.S. futures edged higher. Chinese shares slipped even as China's central bank governor told a high-level business conference in...
Krispy Kreme, McCormick rise; Consol Energy, Lear fall, Tuesday, 3/26/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday: Krispy Kreme Inc., up $4.90 to $17.35. The doughnut chain is partnering with McDonald's to sell doughnuts at its restaurants. Viking Therapeutics Inc., up $11.64 to...
Do you want fries with that? Krispy Kreme doughnuts are coming to McDonald's
NEW YORK (AP) — Krispy Kreme and McDonald's are getting together over breakfast. The doughnut chain and the fast food giant unveiled plans Tuesday to offer Krispy Kreme products at McDonald's locations across the United States. A phased rollout is expected to start later this year,...
Big Mac attack: McDonald’s to become the Grand Fromage in French football
The crème de la crème of French soccer will become sponsored by fast-food big cheese. McDonald's signed on to be the title sponsor of the French top-flight from July for the next three seasons. “This partnership marks the coming together of two major institutions...
McDonald's names its CEO as new board chairman, taps Kimberly-Clark exec as independent director
McDonald’s CEO will become chairman of the company’s board later this spring, the burger chain said Tuesday. Chris Kempczinksi, who was named McDonald’s president and CEO in late 2019, will succeed McDonald’s Chairman Enrique Hernandez Jr., who is retiring after 28 years on...
