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...So he learnt to get around the algorithm by cancelling trips to that McDonald’s, just like all the other drivers....
...McDonald’s is worth more than $200bn. Gap? $4bn. Gap Inc is currently in crisis. Its brands — Old Navy, Gap, Athleta and Banana Republic — face weak or falling sales and the business is lossmaking....
...McDonald’s chief executive Chris Kempczinski said on Monday that he expected same-store sales growth to return to a historical average of 3 per cent and 4 per cent in 2024, down from an increase of 9 per...
...One nine-second clip, for example, features an empty McDonald’s restaurant, supposedly after all the employees had quit en masse....
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...Fast-food chain McDonald's followed with 5.7 per cent, and candy maker Hershey’s accounted for 4.2 per cent....
...“There are no sweeping generalisations in the art market,” says Elliot McDonald, senior vice-president of international gallery Pace....
...Rival chains including McDonald’s and KFC owner Yum Brands command higher multiples. But debt is costly these days. Roark has lined up $5bn in debt financing to fund the deal....
...One of my personal favourites is a father and son eating their burgers in a McDonald’s advert with the copy reading “Daddy and Junior Gettin’ Down”....
...“The performance of the bank stocks right now is reflecting concerns that are a little bit more about the next couple of quarters,” said John McDonald, senior analyst for large-cap banks at Autonomous Research...
...Carrefour, McDonald's and Tesco did not respond to a request for comment. PepsiCo declined to comment....
...*The article has been updated to reflect McDonald’s total US systemwide sales in 2022....
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...In the US, the company is expanding its channels by piloting at 160 McDonald’s restaurants....
...class-action lawsuits: the most recent, filed on behalf of investors in California, accused the company of overstating its production capacity and the success of its product tests with retailers including McDonald...
...“Obsolescence is kind of the word of the day right now,” said Andrew McDonald, Cushman’s president, calling the report an acknowledgment of “an inflection point, perhaps”....
...Steven McDonald, an analyst at S&P Global, said the progress Citrix had made “tempers the risk of integration mis-steps and cost-saving delays and bolsters our confidence that its improving profitability...
..., James’s portfolio also includes his media company, SpringHill, valued at $725mn, and equity in the takeaway chain Blaze Pizza, an investment he made instead of renewing an endorsement with competitor McDonald...
...Beta Squad, a group of British YouTubers with 5.5mn subscribers, set up a fake McDonald’s drive-through....
...puts $4bn hydrogen investment with Adani on hold (FT) ECB piles pressure on banks to exit Russia even as window for sale closes (FT) SocGen profits slide as bank lifts bad loan provisions fivefold (FT) McDonald...
...In 2022, six companies — including Amazon, ExxonMobil and McDonald’s — faced shareholder petitions asking for more disclosures on efforts to reduce plastic, according to regulatory disclosures....
...McDonald’s will continue to pay its employees in Russia....
...Unilever, Coca-Cola and McDonald’s laid bare the impact of global inflation on Tuesday, responding to higher costs with price increases that will heap more pressure on households....
...On Tuesday, 19 companies including Walmart, McDonald’s, Nestlé and Union Pacific raised more than $35bn of debt, according to strategists at Bank of America....
...Longtime McDonald’s board member Sheila Penrose is retiring, several months after being targeted in an unsuccessful campaign....
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