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McDonald’s closes employee website amid criticism
McDonald’s Corp. has shut down a website intended to provide employees with work and life guidance after it generated negative publicity for the fast-food company. The McResource program has been criticized for creating unrealistic budgets and offering advice that was out of touch with its workers’ pay. The website, which was run by an outside […]
Too much going on for McDonald’s to offer McRib everywhere
NEW YORK — McDonald’s, which has been struggling to keep up with a raft of new menu items, says the McRib won’t be available nationally this year. The fast-food chain says it’s leaving it up to local franchise groups to decide whether to offer the pork sandwich, which comes with pickles, onions and barbecue sauce. […]
Deal approved in Muslims’ suit against McDonald’s
DETROIT — A judge on Wednesday finalized a $700,000 settlement between McDonald’s Corp. and members of Michigan’s Muslim community over claims a suburban Detroit restaurant falsely advertised its food as prepared according to Islamic law. Ahmed Ahmed, the Dearborn Heights man who represents plaintiffs in the class-action suit, claims he bought a chicken sandwich in […]
McDonald’s sales drop for first time since 2003
NEW YORK — McDonald’s Corp. is having a tough time stomaching the competition. The world’s biggest hamburger chain said Thursday that a key sales figure fell for the first time in nearly a decade in October, as it faced the double whammy of a challenging economy abroad and intensifying competition at home. The company, based […]
McDonald’s 4Q net income jumps 11 percent
NEW YORK — McDonald’s says net income rose by 11 percent in the fourth quarter as the world’s largest burger chain continues to attract budget-conscious customers. Net income of $1.38 billion translated to $1.33 per share, beating the $1.29 predicted by analysts polled by FactSet. Revenue jumped 10 percent to $6.82 billion, slightly above expectations […]
McDonald’s October revenue figure rises
NEW YORK — McDonald’s Corp. said Tuesday that a key revenue figure rose 5.5 percent in October, fueled by sales in China and other foreign markets and the popularity of its Monopoly game in the U.S. Revenue at stores open at least 13 months rose 5.2 percent in the U.S., 4.8 percent in Europe and […]
McDonald’s sales figure climbed 3.1 pct. in May
OAK BROOK, Ill. — Consumers headed into McDonald’s for its fruit and maple oatmeal, frozen strawberry lemonade and other beverages in May, pushing its revenue at restaurants open at least 13 months up 3.1 percent. Business remained strong abroad, with the world’s biggest hamburger chain reporting a 4.3 percent increase in the key revenue figure […]
Mom unhappy over Happy Meal toys
PORTLAND, Ore. — A California mother of two and The Center for Science in the Public Interest are suing McDonald’s Corp. to get the fast-food chain to stop using toys to market meals to young children. They say McDonald’s is violating several consumer protection laws by marketing its Happy Meals directly to young children because […]
