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2 mins read

McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…

Nora Redmond   


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4 mins read

How McDonald's can learn from other fast-food giants in recovering from the deadly E. coli outbreak

Chipotle faced a similar food-safety crisis in 2015 and 2016, but managed to bounce back less than …

Kelsey Vlamis,Amanda Goh   


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McDonald's says store visits and sales dropped in wake of E. coli outbreak

McDonald's said daily sales took a hit as some customers avoided its restaurants during the health …

Dominick Reuter   


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4 mins read

Bill Gates's farmland produces McDonald's fries — and 4 other fascinating facts from a new book on the ex-Microsoft CEO

Bill Gates's farmland grows potatoes for McDonald's fries, he owns a stake in the Four Seasons, and…

Sarah Jackson,Jordan Hart   


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That $5 McDonald's value deal might not be cheap enough

While McDonald's is offering a $5 temporary meal deal, other fast-food chains like Taco Bell have m…

Alex Bitter   


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1 min read

Don't expect as many Starbucks deals this year under its new CEO

Starbucks is reversing its recent push into frequent promos as new CEO Brian Niccol looks to re-est…

Dominick Reuter   


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McDonald's says fast food sales are suffering most in California

McDonald's CEO Chris Kempczinski discussed the impact that California's $20 fast food minimum wage …

Grace Dean   


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McDonald's is extending its $5 deal again, and it's a sign that Americans still feel strapped

McDonald's is extending its $5 meal deal through December and adding more discounts. It's a sign Am…

Alex Bitter   


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Elon Musk is $100 billion richer than in April thanks to Tesla's stock surge — and worth more than McDonald's or Pepsi

Tesla CEO Elon Musk has staged a $100 billion comeback after a $65 billion wealth drop in the sprin…

Theron Mohamed   


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McDonald's says its $5 meal deal is just the tip of the iceberg

McDonald's CEO discussed its $5 value meal and its plans to address the chain's value problem amid …

Mary Hanbury   


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5 mins read

It's official: McDonald's should stick to unhealthy food

The fast food chain's experiment with salads and meatless burgers was a dumb move.

Emily Stewart   


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2 mins read

McDonald's has started selling an even bigger burger — the 14-ounce Big Arch

McDonald's has launched trials of a bigger, "more satiating" burger in Canada and Portugal, its CEO…

Grace Dean   


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McDonald's just admitted that it's too expensive, and it's driving some customers away

McDonald's global comparable sales dropped 1%. CEO Chris Kempczinski said the company hadn't homed …

Grace Dean   


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Fast food giants like McDonald's and Chipotle may be forced to hike prices in California again.

The California Fast Food Workers Union is calling for another minimum wage hike. That could be toug…

Dominick Reuter   


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Domino's CEO slams the summer of value meals

The pizza chain saw the number of orders grow across all income groups, even amid a wider fast-foo…

Shubhangi Goel   


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2 mins read

The reason why McDonald's stock is soaring despite a big earnings miss: Value meals

McDonald's turned in what looked like a weak earnings report. But investors liked what they heard a…

Kelly Cloonan   


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2 mins read

Nike's incoming CEO will make $27 million — over $2 million less than his predecessor

Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 milli…

Lian Kit Wee   


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McDonald's CEO says 'misinformation' about its stance on the Israel-Gaza war is hitting sales

People called for a boycott of the chain after McDonald's Israel said it was giving thousands of fr…

Grace Dean   


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1 min read

8 successful CEOs, politicians, and more who started their careers working at McDonald's

Even the most successful people have to start their careers in somewhat unglamorous positions, and …

Sawdah Bhaimiya   


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McDonald's says it's listening to penny-pinching customers and focusing on value

"The consumer is price weary," McDonald's CFO Ian Borden told analysts, adding diners were "certain…

Grace Dean