Tag: Mcdonald’s

TikTok Lawfare Against America

Commentary As is well known, TikTok is a national security threat because communist China has laws that give it access to the data of its almost 1.7 billion global users. Yet naive teenagers around the world download the app on their smartphones, thirsty for the latest kid craze trend. TikTok’s algorithm then channels these users more…


Los Angeles McDonald’s Looted by Crowd; Man, Juvenile Arrested

LEIMERT PARK, Calif.—A 19-year-old man was behind bars on June 21 for allegedly being part of a mob that swarmed a Leimert Park McDonald’s restaurant in Los Angeles on June 20, vandalized the eatery and stole cash drawers from the registers—a crime that was caught on video and posted on social media. The large crowd…


‘We’re Not Increasing the Cost of Business,’ Bernie Sanders Argues for $17 Federal Minimum Wage

WASHINGTON–Sen. Bernie Sanders (I-Vt.) introduced a bill on May 4 to raise the federal minimum wage to $17 per hour. The proposal, which is more than double the current rate of $7.25, was unveiled to the cheers of various labor leaders outside Capitol Hill. “It is time to pass a new livable wage,” Sanders said….


Don’t Buy Into Sharpton’s Attack on McDonald’s

Commentary Racism is abhorrent. So are shakedown artists who cry racism to rake in cash. The Rev. Al Sharpton publicly threatened McDonald’s CEO Chris Kempczinski on April 27, using the same language his National Action Network (NAN) has used for three decades to squeeze cash out of major corporations. Sharpton referred to “multiple accusations of…


Hundreds of Minors Discovered Working Illegally at McDonald’s Restaurants Across Kentucky

Hundreds of children, including two 10-year-olds, were found to be illegally working at multiple McDonald’s locations across Kentucky, according to the Department of Labor. In a May 2 news release, the department said investigators from its Wage and Hour Division found approximately 305 children were employed across Bauer Food LLC, Archways Richwood LLC, and Bell Restaurant Group I LLC—three separate franchisees that…


Bird Flu Creates Egg Shortages in Japan, Affecting Restaurant Chains, Retailers

Restaurant chain operators and retailers in Japan are struggling to source eggs, according to reports, as the country faces its worst avian influenza outbreak. Teikoku Databank said that at least 18 listed restaurant chain operators in Japan, including McDonald’s Holdings Co., have temporarily stopped selling egg-related menu items as of March 5, Bloomberg reported. Meanwhile,…


How Much Money You Would Have If You Invested $1,000 Into McDonald’s Stock 10 Years Ago

Higher menu prices and customer visits boosted McDonald’s Corp. quarterly profit and sales above Wall Street estimates on Tuesday, but shares fell when the burger chain warned inflation will weigh on margins in 2023. “Overall, the consumer, whether it’s in Europe or the U.S., is actually holding up better than … what I would have…


McDonald’s Tops Profit Estimates, Warns Inflation Pressures Persist

McDonald’s announced that it had topped Wall Street estimates for the fourth quarter as it raised meal prices, despite the latest warnings that inflationary pressures would persist into this year. The fast-food chain said it is still aiming to build new restaurants to boost business as part of its new strategy, which the company says will add nearly…


California Judge Temporarily Halts Fast-Food Worker Law

A Sacramento Superior Court judge Dec. 30 temporarily halted a new California fast food worker law—originally taking effect Jan. 1. The temporary restraining order (pdf) was issued after a group of business owners and restaurateurs filed a lawsuit claiming the law would only raise food prices and other expenses for consumers while harming businesses. Assembly…


McDonald’s Franchisee Hit With Fine for Over 100 Child Labor Violations, Including Exceeding Time Restrictions

A McDonald’s franchisee in Pennsylvania was hit with a large fine for over a hundred child labor violations. Santonastasso Enterprises LLC, which operates out of the Pittsburgh area, was accused by the Department of Labor (DOL) for the alleged violations at their 13 locations on Dec. 5. The department DOL identified John and Kathleen Santonastasso as…