McDonald's

Read recent news stories and current events about McDonald's on Newser.com

Stories 501 - 509 | << Prev 

McDonalds Supersizes Indexes
McDonalds Supersizes Indexes
Sep 11, 2007 4:33 PM CDT

McDonalds Supersizes Indexes

Blue-chip stocks drive rally, as investors look for safe names

(Newser) - It was a Big Mac Attack on Wall Street today, as the fast food giant’s strong August numbers gave investors hope in consumer spending, leading a rally that left all major indexes up over 1%. GM was also a winner, rising 4% on positive labor news. Analysts say investors...

Starbucks to Get First Sip of Russian Market

Legal hurdles cleared, coffee giant aims at other US brands

(Newser) - Starbucks will finally open its first Russian store next month, the Seattle Times reports, but the coffee giant will need a jolt of caffeine to achieve the brand recognition of Western rivals who've been in the market for years. Traditionally tea drinkers, Russians have warmed up to domestic coffee purveyors,...

FTC Subpoenas Food Giants on Marketing to Kids

Congress wants data on childhood obesity

(Newser) - The FTC dealt out 44 subpoenas yesterday to food companies, including McDonald's, Coca-Cola, and Kraft, seeking information on how much they spent on advertising to kids. The businesses have until November 1 to comply for a report the FTC is preparing for Congress on marketing practices and child obesity.

A Big Mac by Any Other Name Is Not as Tasty

Fast-food packaging, not what's inside, sways kids' tastes

(Newser) - Preschoolers judged McDonald’s-branded food superior, even compared to the same products served without the familiar packaging, a study reported in Time concludes. The Pavlovian response to the Golden Arches worries child health experts, who link it to increasing obesity among the young.

McDonald's Plans Raise for Chinese Workers

Union criticism, bad press prompt chain-wide wage hike

(Newser) - Bowing to pressure from the state labor union and attempting to counter negative publicity, McDonald's will raise wages for its Chinese employees. The fast-food megalith will boost the pay of 45,000 full- and part-time workers by an average of 30%, the Wall Street Journal reports, and issue counter workers...

Price Jump Could Ice Coffee Sales
Price Jump Could Ice Coffee Sales
Aug 1, 2007 5:26 PM CDT

Price Jump Could Ice Coffee Sales

With another price hike and competitors on its heels, will Starbucks stumble?

(Newser) - Starbucks recently hiked the cost of its coffee an average of 9¢ a cup—the seventh bump up since 1997. With a faltering stock price and learnings lagging after 15 years of solid growth, BusinessWeek wonders whether the premium coffee purveyor may have finally maxed out the market for the...

McDonald's Takes Good News to Go
McDonald's Takes Good News to Go
Jul 24, 2007 2:12 PM CDT

McDonald's Takes Good News to Go

Company's strong results can't offset cost of Latin American sale

(Newser) - Despite strong global sales, McDonald’s reported a second-quarter loss today, which it attributed to its sale of Latin American franchises. The company lost $711.7 million, or 60 cents a share, but said its new offerings and value menu drew consumers, CNNMoney reports. Excluding the Latin American charge, earnings...

Wendy's on Block as Stale Sales Sink Earnings

High beef prices, tough competition take toll

(Newser) - Wendy's is looking for buyers as the hamburger chain's earnings and market share plummet. Aggressive competition from McDonald's and Burger King as well as soaring beef and dairy prices have taken a  big bite out of Wendy's bottom line, the Wall Street Journal reports.

Micky D Gives Migrants a Raise
Micky D Gives
Migrants a Raise
Apr 10, 2007 10:50 AM CDT

Micky D Gives Migrants a Raise

Penny-a-pound increase for tomato pickers sets industry standard

(Newser) - The cent-a-pound increase McDonald's agreed to grant their tomato-picking field hands yesterday may sound like, well, pennies, but it represents a more than 70% raise, the Chicago Tribune reports. And the deal was hailed as paving the way for negotiations between migrant workers and other corporate Goliaths across the country.

Stories 501 - 509 | << Prev