McDonald's

Mark Zuckerberg, the CEO of Meta Platforms, recently visited a McDonald’s in Japan and was so impressed that he jokingly suggested it deserved a Michelin star. What Happened: Zuckerberg, who is currently on a personal trip to Japan, shared his McDonald’s experience on Instagram,...

In a bid to strengthen its position in China, McDonald’s Corp (NYSE:MCD) is set to open 1,000 new outlets in the country this year. What Happened: The fast-food giant is looking to expand its presence in lower-tier cities, its second-largest market, reported Bloomberg on Tuesday. This move is...

Sen. Bernie Sanders (I-Vt.), along with a group of Democratic lawmakers, is reportedly spearheading a bill proposing an increase in taxes for companies that pay their CEOs 50 times more than their median worker. What Happened: The Tax Excessive CEO Pay Act has been introduced to mitigate corporate...

Starting January 24, McDonald’s Corp (NYSE:MCD) is all set to roll out its revamped Double Big Mac across the nation. This comeback includes a few notable tweaks to the iconic burger. What Happened: The Double Big Mac is returning after a brief appearance in March 2020. This time around, the...

In a bid to elevate its food service, McDonald’s (NYSE:MCD) is partnering with Google (NASDAQ:GOOGL) to launch generative AI in thousands of its outlets starting in 2024. As reported by The Verge, McDonald’s has announced a collaboration with Google to introduce generative AI into its...

McDonald’s Corporation (NYSE:MCD) is all set to introduce CosMc’s, its first novel restaurant concept in over six decades in the U.S. This concept emphasizes to-go dining and iced drinks. What Happened: As reported by the Wall Street Journal, the fast-food behemoth revealed its new...

McDonald's has announced a strategic decision to increase franchisee royalty charges from 4% to 5%. Franchisees operate 95% of McDonald’s 40,000 global locations. McDonald’s stock is undergoing challenges, witnessing a 4% decline this month. In a bold strategic move, McDonald'...

The decision by McDonald’s (NYSE:MCD) to raise its royalty fee, a first in three decades, has met with stern opposition from a prominent franchisee advocacy group, Business Insider reported.  The National Owners Association (NOA), which represents approximately 1,000 McDonald...

Elon Musk, the entrepreneur behind Tesla Inc. and SpaceX, has revealed one of his culinary cravings — and it involves Yum! Brands, Inc. (NYSE:YUM) -owned Taco Bell’s Breakfast Crunchwrap! What Happened: On Friday, a user took to Musk’s Twitter, now rebranded as X, and shared their love...

Arcos Dorados Holdings Inc (NYSE: ARCO) reported second-quarter (Q2) 2023 sales growth of 17.1% year-on-year to $1.04 billion. Analysts expected the company, known as Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, to report...

McDonald’s (NYSE:MCD) may soon introduce a “Loki”-themed sweet and sour sauce, a viral TikTok video suggests, reports Business Insider. McDonald’s hinted at an upcoming promotion for Aug. 14, linked to the Disney+ series “Loki.” While the post refrained from...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg’s quest for peak physical performance includes a heavy diet that embraces unexpected indulgences like McDonald’s apple pies, McFlurrys, and more.  What Happened: Zuckerberg has taken his commitment...

Key Takeaways: Carlyle and Citic may be looking to sell down their stake in a venture that operates most McDonald’s stores in China The move may be partly driven by investors looking to cash out their stakes in Carlyle and Citic-backed funds that financed the original investment in 2017 By...

Elon Musk has once again confirmed eating a McDonald’s Happy Meal on live television if the fast-food giant adopts Dogecoin (CRYPTO: DOGE) as a form of payment.  What Happened: This follows a Twitter exchange between Musk and DogeDesigner, who on Sunday proposed the idea of Musk...

A top executive at McDonald's (NYSE: MCD) reportedly asserted that Twitter CEO Elon Musk's "free speech" agenda at Twitter has been "perpetuating racism."  According to a leaked email chain obtained by Semafor, executives from McDonald's...