McDonald's Corp (MCD)
5 Dec 2016
HONG KONG McDonald's Corp is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep "a significant minority stake in the business," a person with direct knowledge of the plans said on Tuesday.
SAO PAULO Brazilian labor authorities on Friday called local McDonald's Corp representatives to a hearing on Dec. 13 over alleged violations of the country's labor laws, and said they could impose fines of up to 103 million reais ($30 million).
A consortium led by private-equity firm Carlyle Group and Chinese conglomerate Citic Group Corp has neared a deal to buy McDonald's Corp's stores in China and Hong Kong for up to $3 billion, a source with direct knowledge of the matter said. | Video
KUALA LUMPUR (Thomson Reuters Foundation) - Fast food giant McDonald's said it has dropped a labor supply agency in Malaysia after claims emerged that it was underpaying its migrant workers and housing them in appalling conditions.
The man behind one of the most recognizable fast-food sandwiches, McDonald's Big Mac, died this week at age 98.
McDonald's Corp has asked a federal judge to throw out a proposed class action filed by workers at a California franchise, arguing that it cannot be held liable for state law violations just because workers believed the company rather than the local franchisee was their employer.
NEW YORK/LOS ANGELESMcDonald's, aiming to become more modern and nimble, is updating U.S. restaurants with self-service kiosk ordering, mobile payments, "smart" menu boards, custom sandwiches and table service, executives said on Thursday.
A McDonald's Corp shareholder is redoubling efforts to convince the fast-food chain to stop all of its global restaurants from serving the meat of animals raised with antibiotics that are vital for fighting human infections.
Nov 17 A McDonald's Corp shareholder is redoubling efforts to convince the fast-food chain to stop all of its global restaurants from serving the meat of animals raised with antibiotics that are vital for fighting human infections.
NEW YORK/LOS ANGELES, Nov 17McDonald's Corp will debut mobile ordering in the United States and 10 major markets in 2017, as part of the fast-food chain's effort to win back customers by becoming a "modern, progressive burger company," executives said on Thursday.