Tags: Mcdonald's

14 US states will increase minimum wage in 2016

The majority of states in the United States including major cities will implement new minimum wage rate starting this year as workers continue to strike and demanding a better payment. Workers have been under pressure lately as the cost of living continues to increase yet their minimum wage remains the same.


McDonald's shares hit record high as new CEO's turnaround plan start to work

The shares of McDonalds' - the world's biggest restaurant chain - jumped more than 8% to hit $110.88 on Thursday. CEO Steve Easterbrook, who took over the helm 8 months ago, stated that the rebound in the quarterly restaurant sales showed that his turnaround plan is starting to take effect.

Chipotle has two years of bad sales growth

For over two years, Chipotle has the worst quarterly sales growth of 12%. Chipotle used to have an outstanding speed when comes to sales growth, but now for four consecutive quarters, its sales growth has been plunging.

Investors demand antibiotic-free meat products from McDonald's

It's a never-ending issue for McDonald's and other restaurants until they cease using antibiotics with their meat products. McDonald's received a "C" score for antibiotics overuse.


Latest News

In celebration of International Day of Peace on September 21, Burger King is asking long-time rival McDonald's to team up and make a McWhopper that would feature the best of both fast-food companies' burgers.
McDonald's supplier contract ended due to animal cruelty. Even if an animal is raised for commercial consumption it still needs respect as what the birds in the farm that supply chicken meat to McDonald's need.
Fast-food giant, McDonald's was recently hit with allegations suggesting that the company has been avoiding making tax payments and abusing their employees during a hearing held in Brazil.
McDonald's is reinventing its dining service in one of its restaurants in England and other areas of America. They're providing tablets and kiosk for taking orders, and the meal will be served to customers' table.
New Yorkers see no problem in paying more for fast food items just so fast food workers can earn more. Last month, the New York State's wage board approved the much controversial $15 per hour minimum wage for fast food workers and such wage increase would mean an increase of 4.3% in fast food prices.
McDonald's suffers drop in sales after losing business to other food chains. Its rebound plan fails to deliver the desired results, focusing more on popular regional menu items.
Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
McDonald's new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors.
The Japanese unit of McDonald's Corp (MCD.N) forecast deeper losses this year and said it would renovate 2,000 stores while closing underperforming outlets, as it struggles to bring back customers after a series of food safety scandals.
Two leading Russian film directors are seeking state support to set up a domestic chain of cafes to compete with Western fast food restaurants such as McDonald's, a newspaper said on Thursday.
  1 2 3 4 5 6