McDonald's posted a steeper-than-expected drop in quarterly U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.
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McDonald’s posts biggest US sales decline in nearly five years
International sales rise, driven by Middle East and Japan
McDonald’s to pay U.S. farmers for feed efficient Enogen corn use
The company is partnering with Syngenta to pay some farmers who use corn with the trait
A partnership between McDonald’s and Syngenta in the United States will pay beef producers to use Enogen corn, which will improve the feed efficiency of cattle and reduce greenhouse gas emissions.
Syngenta working with McDonald’s to reduce gas emissions from cows
Agrochemicals and seeds company Syngenta is working with fast food giant McDonald's Corp and one of its meat suppliers to supply a type of corn which it says will reduce the gaseous emissions from cattle.
McDonald’s global sales fall on muted demand; E. coli outbreak fallout looms
McDonald's posted a steeper-than-expected drop in quarterly global sales, hurt by muted demand across key markets, including Europe and the United States where it is expected to face more weakness as the burger giant reels from a deadly E. coli outbreak.
McDonald’s rules out beef patties as source of E. coli outbreak
McDonald's on Sunday ruled out beef patties as a source of the E. coli outbreak linked to Quarter Pounder hamburgers, which has killed at least one person and sickened nearly 75 others.
Fast-food chains hold the onions after McDonald’s E. coli outbreak
McDonald's pulls Quarter Pounder from one-fifth of its US restaurants
U.S. fast-food chains were pulling fresh onions out of their menu items on Thursday after the vegetable was named as the likely source of an E. coli outbreak at McDonald's restaurants that has sickened 49 people and killed one.
McDonald’s US head vows to improve safety after E. coli outbreak, more cases expected
McDonald's scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen U.S. states.
McDonald’s sues major beef producers in US price-fixing lawsuit
Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices. McDonald’s said in a lawsuit filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill
McDonald’s reported laying off hundreds of corporate employees
Layoffs don't include restaurant-level workers
New York | Reuters — The number of corporate employees McDonald’s Corp. plans to lay off this week will tally in the “hundreds,” a source familiar with the burger chain’s thinking said on Monday, as the company moves forward with a previously announced restructuring. The fast-food company is closing its offices “out of respect,” and
McDonald’s reported set to exit Kazakhstan on Russia war spillover
Reuters — McDonald’s Corp. is set to abandon Kazakhstan as disruptions triggered by the Ukraine crisis have left the nation without a substitute for Russian meat supplies, Bloomberg News reported Wednesday, citing people familiar with the matter. The fast-food giant, which exited Russia in May, banned its local franchisee from procuring meat patties from Russian
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