More details about the democrats’ proposed billionaires tax, who would it affect and how much they would be taxed? McDonald’s making a healthy recovery out of the pandemic– especially compared to rivals. What’s behind its stronger-than-expected sales? And General Motors also beating expectations– despite major challenges. But experts say there are more disruptions to come.
McDonald’s Sales Soar on Higher Prices, Newer Menu Items
October 27, 2021
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McDonald’s Corp. reported quarterly U.S. sales on Wednesday that beat Wall Street expectations, helped by higher prices, larger order sizes, and newer menu items such as the crispy chicken burger. The company’s shares rose 3 percent to $243.30 in premarket trading, as the fast food giant’s global same-store sales jumped 12.7 percent in the third…
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McDonald’s employees from several large U.S. cities said they would walk out of work on Tuesday over claims of alleged sexual harassment while some are urging workers to unionize. According to the Fight for $15 group, employees at 10 cities have committed to going on strike for one day to protest against alleged harassment incidents involving…
McDonald’s to Start Testing McPlant Burger in US Next Month
McDonald’s Corp. said on Thursday it would test its plant-based McPlant burger, developed in partnership with vegan meat maker Beyond Meat, in eight U.S. outlets next month. The fast-food chain, which tied up with Beyond Meat to develop meatless alternatives in February, said it would start testing the burger from Nov. 3 for a limited…
Oregon McDonald’s Now Hiring 14-Year-Olds Due to ‘Staffing Issues’
An Oregon McDonald’s is now attempting to hire 14-year-olds and 15-year-olds to work due to “staffing issues,” according to the manager and operator. “Now Hiring 14 and 15-year-olds,” the sign reads at a McDonald’s in Medford, according to photos posted online. Heather Coleman, the operator of a McDonald’s, said that raising the minimum wage to $15…
NTD Business Full Broadcast (Aug. 30)
Pending home sales are unexpectedly falling for the second month in a row. NTD asks some realtors if the housing boom is cooling off. Some McDonald’s locations might close indoor dining again. The companies told franchisees to consider doing this where the new variant is fast spreading. The Theranos fraud trial starts Tuesday. Newly revealed documents…
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Fast food giant McDonald’s has run out of milkshakes in all of its UK restaurants due to supply chain problems. The burger chain has also been left without bottled drinks across its 1,250 outlets in England, Scotland, and Wales. A spokesman said the group is “working hard to return these items to the menu.” He…
McDonald’s Reinstates Mask Mandate in Areas With High COVID Spread
McDonald’s is again requiring customers and employees to wear masks indoors in areas with high transmission of the CCP virus, according to USA Today. The Epoch Times contacted McDonald’s for confirmation and comment. McDonald’s is the biggest chain to require masks for both employees and customers. Walmart, Target, Lowe’s, Kohl’s and Publix imposed mask mandates on…
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The Federal Reserve is saying it won’t tighten monetary policy despite rapidly rising prices. It’s blaming supply chain problems, not its policies. McDonald’s says K-pop group BTS contributed a lot to their strong quarter. What does the CEO have to say about the boy band? Language learning app Duolingo debuts on Wall Street Wednesday. Its…
McDonalds Is No Role Model for Public Health
Commentary If we have learned anything during the global COVID-19 pandemic, it is that obesity is a serious risk factor for people who are diagnosed with COVID. It is in fact, one of the only risks factors that we can control and do something about. Being of old age is a risk factor, but so…
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