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2024-10-30


McDonald's said that it continues to face slow traffic in back-to-back quarters, especially among its lower-income consumer. Here's what the company is doing to change that.

2024-10-29


The E. coli outbreak linked to McDonald's Quarter Pounders has sickened dozens across 13 states, according to the Center for Disease and Control's latest figures.

Investors absorbed a fresh rush of earnings and waited for Alphabet to lead in the week's Big Tech results,

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Boss Chris Kempczinski says sorry for the outbreak as the burger giant faces flagging sales.

Investors absorbed a fresh rush of earnings and waited for Alphabet to lead in the week's Big Tech results,

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Investors absorbed a fresh rush of earnings and waited for Alphabet to lead in the week's Big Tech results,

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The fast-food giant’s earnings results did not reflect the potential fallout from an E. coli outbreak that the company has moved quickly to contain.

2024-10-27


The fast food giant said beef patty samples had tested negative for the bacteria.

The company said it would put Quarter Pounders back on the menu, without the raw onions that were considered the likely source of the bacteria.

Celebrity chef Andrew Gruel applauds former President Donald Trump's trip to McDonald's, asserting that it showed a "humble" side to the former president.

2024-10-25


Health officials say that recalls of onions — the suspected source of the contamination — would help lessen the risk to consumers. Other major fast-food chains have also stopped offering onions.

2024-10-24


Health officials are hunting for the source of 49 cases of e-coli poisoning, which includes one death.

McDonald's is the latest fast-food giant to face an E. coli outbreak. FOX Business takes a look back at how Chipotle and Wendy's handled food-related illnesses at their restaurants.

Officials said the onions served atop the popular hamburger were the likely source of an E. coli outbreak that has killed one person and sickened many others.

2024-10-23


Doubts about rate cuts weighed on investors dealing with a busy day of earnings from the likes of Tesla and Boeing.

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Doubts about rate cuts weighed on investors dealing with a busy day of earnings from the likes of Tesla and Boeing.

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2024-10-22


At least 49 people have been sickened and one person has died, according to the CDC.

On Tuesday, the S&P 500 and Dow posted modest losses, marking back-to-back declines for both indexes.

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The C.D.C. said that nearly 50 people had become ill and one person had died from the deadly bacteria, which the agency tied to an ingredient in one of the fast food chain’s burger items.

McDonald's shares sank around 10% in after-hours trading on Tuesday following news of an E. coli outbreak linked to its burgers.

Shares of McDonald's were down 9.2% after the bell. McDonald's has proactively removed the slivered onions and beef patties used for the quarter pounder hamburgers from stores in the affected states while the investigation continues, the company informed the CDC. Quarter pounders in some states may be temporarily unavailable, according to the CDC's statement.

McDonald's raised wages for its employees at corporate-owned restaurants over the past three years. It pledged that company-owned restaurants would increase to $15 an hour by 2024.

2024-10-17


The glare of the presidential campaign trail is shining more brightly on McDonald's than almost any other company this year. And it’s clearly not abating.

2024-10-09


McDonald's filed a lawsuit against multiple meat companies over allegations they conspired to inflate the price of beef specifically.

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2024-10-04


The jump in hiring will ease fears of a downturn but raises questions over the path for interest rates.

2024-09-29


Red flags went undetected as victims worked at a restaurant and a supermarket supplier, BBC finds.

2024-09-24


The towering burger and ballooning bagel have withstood public health campaigns, but a new movement to shrink servings is finally gaining traction.

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2024-09-19


Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a longtime coming easing cycle that should lower borrowing costs for consumers and businesses.

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2024-09-07


McDonald's has found itself in the middle of political campaigns for years. But this time around, the attention is coming perhaps more intensely than ever and from both sides of the aisle.