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property report
Unshakable resiliency of quick-service restaurants stokes property investor craving
international business
Golden Arches make way for hamburger and fries after McDonald’s Russian exit
A teenager rides a bicycle past the dismantled McDonald's Golden Arches outside a restaurant in Saint Petersburg, Russia June 7, 2022. REUTERS/Anton Vaganov
carrick on money
Ex-banker grades himself an F for retirement
Rob Carrick
canada
Sheep shed their coats in seasonal shearing on Manitoba family farm
200510-11 - Sheep Shearing A white face sheep, one of 1100 Clun Forrest Cross sheep waiting to be sheared peers from the flock. 1100 ewes a few rams and one Alpaca were sheared on the McDonald's Cartwright Manitoba farm last week.
international business
McDonald’s to mandate anti-harassment training worldwide
FILE - This June 25, 2019, photo shows the sign outside a McDonald's restaurant in Pittsburgh. On Wednesday, April 14, 2021, McDonald’s said the company will mandate worker training to combat harassment, discrimination and violence in its restaurants worldwide starting in 2022. (AP Photo/Gene J. Puskar, File)
advisor etfs
Five travel, leisure, and entertainment ETFs to play the post-pandemic recovery
Royal Caribbean Odyssey of the Seas
u.s. business
Beyond Meat signs supply deals with McDonald’s and Yum! Brands, but share surge ebbs on wide quarterly loss
(FILES) In this file photo taken on November 15, 2019 Beyond Meat "Beyond Burger" patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. - Food industry colossus PepsiCo and faux-burger makers Beyond Meat announced an alliance January 26, 2021 to cook up plant-based snacks that tempt the palate while being easy on the planet. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
u.s. business
McDonald’s ties executive bonuses to diversity, releases workforce data
FILE PHOTO: A water tower is seen at a McDonald's restaurant in Lancaster, California March 18, 2015. REUTERS/Lucy Nicholson/File Photo
u.s. business
Black franchise owner sues McDonald’s, alleging persistent bias in favour of white franchisees
FILE PHOTO: A McDonald's restaurant is pictured in Encinitas, California September 9, 2014.REUTERS/Mike Blake/File Photo
u.s. business
McDonald’s expects U.S. to deliver 2021 growth after profit miss
Cleaning ladies wearing protective face masks are seen inside a McDonald's restaurant, amid the spread of the coronavirus disease (COVID-19), in Athens, Greece, October 31, 2020. REUTERS/Costas Baltas/Files
u.s. business
McDonald’s beats revenue expectations, plans to make its own ‘McPlant’ items
FILE - This June 25, 2019 file photo shows the sign outside a McDonald's restaurant in Pittsburgh. McDonald’s U.S. sales roared back in the third quarter on new menu items and attention-grabbing celebrity collaborations. (AP Photo/Gene J. Puskar, file)
u.s. business
Black franchisees at McDonald’s file new discrimination lawsuit
FILE PHOTO: A sign is seen at a McDonald's restaurant in Queens, New York, U.S., March 17, 2020. REUTERS/Andrew Kelly/File Photo
u.s. business
McDonald’s calls for dismissal of discrimination suit brought by Black former franchisees
FILE - This April 9, 2020 file photo shows a McDonald's sign in Wheeling, Ill. McDonald’s saw stronger U.S. same-store sales in the July-September period, indicating customers’ preference for drive-thru and delivery remained strong even as lockdown restrictions eased. (AP Photo/Nam Y. Huh, File)
u.s. business
McDonald’s global sales bounce back in third quarter after COVID-19 disruptions
FILE PHOTO: A worker disinfects a McDonald's restaurant, following the coronavirus disease (COVID-19) outbreak, in Leicester, Britain, June 30, 2020. REUTERS/Molly Darlington
asia-pacific business
McDonald’s takes action against Australia’s Burger King over ‘Big Jack’
A Big Mac hamburger at a McDonald's restaurant in North Huntingdon, Pa. on Dec. 29, 2009.
u.s. business
Fifty-two Black former franchisees sue McDonald’s over racial discrimination
Amika Tendaji of Black Lives Matter Chicago speaks to people outside the McDonald's restaurant on 180 W. Adams St. in Chicago on July 20, 2020.
u.s. business
Former McDonald’s CEO Stephen Easterbrook asks court to dismiss case against him
FILE - In this July 26, 2017, file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange. McDonald’s former CEO is asking a court to dismiss the company’s lawsuit against him, calling it “meritless and misleading.” Chicago-based McDonald’s sued Easterbrook last week, seeking to reclaim millions of dollars in compensation paid to him. McDonald’s fired Easterbrook without cause last November after he admitted to exchanging videos and text messages in a consensual, non-physical relationship with an employee. (AP Photo/Richard Drew, File)
u.s. business
McDonald’s sues ousted CEO Stephen Easterbrook, saying he lied about sexual affairs with employees
CHICAGO, IL - JUNE 04: McDonald's CEO Stephen Easterbrook unveils the company's new corporate headquarters during a grand opening ceremony on June 4, 2018 in Chicago, Illinois. The company headquarters is returning to the city, which it left in 1971, from suburban Oak Brook. Approximately 2,000 people will work from the building. (Photo by Scott Olson/Getty Images)
u.s. business
Chipotle, several other fast food brands set for new wave of hiring as sales rebound
The logo of Chipotle Mexican Grill is seen in New York, on June 28, 2018.
u.s. business
McDonald’s shares fall 2% as global sales miss expectations amid COVID-19 restrictions
People wear face masks outside a McDonald's restaurant in Wuhan, China, on March 30, 2020.
world
McDonald’s will require customers to wear masks in U.S. restaurants
McDonald’s will require customers to wear masks in U.S. restaurants
u.s. business
McDonald’s to pause reopening of U.S. dine-in services as COVID-19 cases surge
FILE - In this April 20, 2020 file photo, a new sign lets drive-thru customers know that the available menu at a local McDonalds is no longer complete due to the ongoing coronavirus restrictions in Phoenix. Most McDonald’s restaurants in the U.S. and China are now open for drive-thru and delivery, but global lockdown orders still took a bite out of the company’s first-quarter sales. McDonald’s said Thursday, April 30, its sales fell 6% to $4.71 billion in the January-March period. (AP Photo/Ross D. Franklin, File)
report on business
McDonald’s Canada CEO John Betts retiring after 12 years in the role
John Betts, CEO of McDonald's Restaurants of Canada Limited, is photographed in a Toronto McDonalds restaurant on February 14, 2013. JENNIFER ROBERTS FOR THE GLOBE AND MAIL
u.s. business
McDonald’s to hire 260,000 staff in U.S. this summer as restaurants reopen
FILE - In this May 20, 2020 file photo, a sign posted outside a McDonald's restaurant reads: "We're open for you, Drive-thru, take-out Mobile Order & Pay and McDelivery only. No dine-in seating " as striking workers hold a motor march protesting McDonald's alleged failed response to the COVID-19 pandemic in Los Angeles. McDonald’s sales are gradually improving as more of its restaurants reopen worldwide. The Chicago-based fast food giant says global same-store sales - or sales at locations open at least a year - were down 21% in May. That was an improvement from April's 39% decline. (AP Photo/Damian Dovarganes, File)
u.s. business
McDonald’s pins hope on reopenings as global sales fall 30 per cent
A sign posted outside a McDonald's restaurant reads: "We're open for you, Drive-thru, take-out Mobile Order & Pay and McDelivery only. No dine-in seating " as striking workers hold a motor march protesting McDonald's alleged failed response to the COVID-19 pandemic in Los Angeles Wednesday, May 20, 2020. (AP Photo/Damian Dovarganes)
report on business
McDonald’s to resume takeout service in 30 restaurants in Canada
A McDonalds' employee holds up a food package at a test location in a restaurant at The GelreDome Arnhem, The Netherlands on May 1, 2020, as part of measures to attempt to stop the spread of COVID-19 (novel coronavirus). - In this restaurant prototype, the fast food chain shows what seated catering in the 1.5 meter economy could look like. There are two variants: Take Out Plus and Dine In. (Photo by Remko DE WAAL / ANP / AFP) / Netherlands OUT (Photo by REMKO DE WAAL/ANP/AFP via Getty Images)
u.s. business
McDonald’s profit slides as restaurants limit services to slow coronavirus spread; shares drop
FILE PHOTO: Yandex.Eats food delivery courier rides a scooter among plastic-wrapped tables of McDonald's restaurant, as the spread of the coronavirus disease (COVID-19) continues, in Saint Petersburg, Russia March 28, 2020. REUTERS/Anton Vaganov
investment ideas
Fast-food sector hopes stimulus cheques boost sales after tough quarter
A Tim Hortons employee hands out coffee from a drive-through window to a customer in Mississauga, Ont., on Tuesday, March 17.
report on business
Thermometers, face masks and plastic rings: retailers’ ever-evolving measures to keep employees safe (and coming to work)
Shoppers leave a Walmart store in Toronto, Ontario, Monday, April 20, 2020. (Cole Burston/The Globe and Mail)
u.s. business
McDonald’s faces class action over ‘pervasive sexual harassment’
FILE PHOTO: The McDonald's logo is seen outside the fast-food chain McDonald's in New York, U.S., October 22, 2019. REUTERS/Shannon Stapleton
report on business
Canadians want advertisers to thank front-line workers, new poll suggests
Image of a McDonald's ad that was criticized for separating the arches to promote social distancing that was found to be insensitive.
opinion
Coronavirus has created a high-stakes moment for companies and their reputations
Dennis Matthews
u.s. business
McDonald’s pulls 2020 outlook as coronavirus outbreak hits quarterly sales
A customer wearing a mask passes a McDonald's restaurant that is open for takeout service during the coronavirus pandemic, Monday, April 6, 2020, in the Brooklyn borough of New York. (AP Photo/Mark Lennihan)
report on business
Safety procedures change as fast food chains put more focus on drive-through
AUCKLAND, NEW ZEALAND - MARCH 25: People queue for McDonalds drivethru before it closes ahead of the lockdown on March 25, 2020 in Auckland, New Zealand. New Zealand will go into lockdown from 11:59 Wednesday night, as the COVID-19 alert level rises to four. All non-essential businesses will close at that time, including bars, restaurants, cinemas and playgrounds. Schools are closed and all indoor and outdoor events are banned. Essential services will remain open, including supermarkets and pharmacies. The New Zealand Prime Minister Jacinda Ardern expects measures will remain in place for about four weeks, and has said there will be zero tolerance for people ignoring the restrictions, with police able to enforce them if required. New Zealand currently has 155 confirmed cases of COVID-19. (Photo by Phil Walter/Getty Images)