Latest Fast food restaurant operators News

McDonald's era in Russia coming to a close, restaurants sold

May. 19, 2022 11:39 AM EDT

McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between the United States and Soviet Union. The company shuttered hundreds of locations in March after Russia invaded Ukraine, which has cost...

De-Arching: McDonald's to sell Russia business, exit country

May. 16, 2022 18:19 PM EDT

McDonald's is closing its doors in Russia, ending an era of optimism and increasing the country's isolation over its war in Ukraine. The Chicago burger giant confirmed Monday that it is selling its 850 restaurants in Russia. McDonald's said it will seek a buyer who will employ its...

Police: Arby's manager in Washington peed in milkshake mix

May. 16, 2022 13:28 PM EDT

VANCOUVER, Wash. (AP) — A manager at an Arby's fast food restaurant in Washington state has been accused of urinating into a milkshake mix that might then have been served to dozens of people. Police in Vancouver, just across the Columbia River from Portland, Oregon, said they...

Surging sales at McDonald's offsets trouble in China, Russia

Apr. 28, 2022 11:31 AM EDT

Higher U.S. menu prices and easing COVID-19 restrictions in Europe helped McDonald’s offset troubled markets like China and Russia during the first quarter. Revenue rose 11% to $5.66 billion in the January-March period, topping Wall Street expectations of $5.57 billion, according...

Restaurant worker arrested after grease thrown on customer

Apr. 26, 2022 09:14 AM EDT

BIRMINGHAM, Ala. (AP) — An Alabama fast-food worker who allegedly threw hot grease on a customer during a dispute over service in the drive-thru line, causing severe burns, was charged with assault, police said. The 50-year-old woman was charged Monday following a confrontation...

McDonald's investors will consider civil rights audit

Apr. 07, 2022 16:38 PM EDT

McDonald’s investors will consider a proposal for a civil rights audit of the company after the federal government denied McDonald’s request to remove the proposal from the agenda at its annual meeting. SOC Investment Group, a shareholder advocacy group that supports union...

Not all Western companies sever ties to Russia over Ukraine

Mar. 10, 2022 17:36 PM EST

A shrinking number of well-known companies are still doing business in Russia, even as hundreds have announced plans to curtail ties. Burger King restaurants are open, Eli Lilly is supplying drugs, and PepsiCo is selling milk and baby food, but no more soda. The pace...

McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

Mar. 08, 2022 19:21 PM EST

DETROIT (AP) — McDonald's, Starbucks, Coca-Cola, PepsiCo and General Electric __ ubiquitous global brands and symbols of U.S. corporate might __ all announced Tuesday they were temporarily suspending their business in Russia in response to the country's invasion of Ukraine. “Our...

Investor pushes McDonald's to change the way it buys pork

Feb. 20, 2022 18:22 PM EST

CHICAGO (AP) — An activist investor is trying to make McDonald's change the way it buys pork for its bacon cheeseburgers and sausage patties. Investor Carl Icahn has nominated two new candidates for McDonald's board of directors, the fast food chain confirmed...