McDonald's Corp


  • Early Glance: Restaurant companies Monday, 28 Jul 2014 | 10:33 AM ET

    Brinker International Inc. rose$. 20 or. 4 percent, to $45.41. Chipotle Mexican Grill Inc. rose $3.93 or. 6 percent, to $677.51. Darden Restaurants Inc. rose$. 12 or. 3 percent, to $44.78.

  • *China ops to come under direct control of U.S. headquarters. "This is my company and events like these have a personal toll... they simply don't represent the values I stand for or those of my company," Sheldon Lavin, the millionaire chairman, CEO and owner of Illinois- based OSI Group LLC told a news conference in Shanghai.

  • Meat supplier: China unit fell short of standards Monday, 28 Jul 2014 | 5:17 AM ET

    The president of OSI Group, David G. McDonald, declined to give details of what the company has found at Shanghai Husi Food Co. A Shanghai TV station reported last week that Husi sold expired beef and chicken to restaurants including McDonald's and KFC.

  • SHANGHAI, July 28- The head of U.S. meat supplier OSI Group, the parent company of a Chinese firm at the center of a food safety scandal, will hold a news conference in Shanghai later on Monday, as McDonald's Corp struck more meat dishes off its menus in China.

  • Shanghai Husi Food Co Ltd, owned by Illinois- based OSI Group LLC, is at the center of a major food safety scandal, which has spread from China to Hong Kong and Japan, over allegations it mixed fresh and expired meat.

  • Companies including Chipotle Mexican Grill Inc, Apple Inc and PepsiCo have shown they're able to take advantage of quality, trendiness, and, in the case of Pepsi's snack foods, market dominance, to maintain high prices or even raise them faster than the inflation rate, now at about 2.1 percent in the U.S.

  • While it's still off-limits to delve too deeply into what government leaders and powerful institutions may be up to, recent' undercover' state TV reports accusing state-owned Bank of China of aiding money laundering and a U.S.-owned food supplier of safety violations suggest the media are more ready to run critical reports.

  • Shanghai Husi Food Co Ltd, owned by Illinois- based OSI Group LLC, is at the center of a major food safety scandal, which has spread from China to Hong Kong and Japan, over allegations it mixed fresh and expired meat.

  • Fast food workers vow civil disobedience Saturday, 26 Jul 2014 | 4:46 AM ET

    VILLA PARK, Ill.— Comparing their campaign to the civil rights movement, fast food workers from across the country voted Saturday to escalate their efforts for $15- an-hour pay and union membership by using nonviolent civil disobedience. "People are just fed up," said Cindy Enriquez, 20, of Phoenix.

  • SHANGHAI, July 25- Regulators in Shanghai have found that scandal-hit China- based food supplier forged production dates on some of its products and sold them after their expiry, the official Xinhua news agency reported on Saturday.

  • Russia and US battle...via McDonald's Friday, 25 Jul 2014 | 12:49 PM ET
    A logo on display outside a McDonald's food restaurant in Moscow, Russia.

    Russia's consumer protection agency, Rospotrebnadzor, filed a lawsuit that would ban many McDonald's items. NBC News reports.

  • *Shares open at $19, above IPO price of $15. Shares of Zoe's Kitchen Inc, a Mediterranean-style chain, have nearly doubled since their debut in April on the back of strong demand for healthier food, a trend that has also boosted Chipotle Mexican Grill Inc's stock.

  • Finally, Starbucks has 'breakthrough' in China Friday, 25 Jul 2014 | 12:04 PM ET
    Starbucks CEO Howard Schultz speaks during a media event in Beijing.

    After 16 years, Starbucks is finally beginning to see real progress in China, and it's only the beginning, says CEO Howard Schultz.

  • What soaring cocoa means for stocks, chocoholics Friday, 25 Jul 2014 | 11:58 AM ET
    Fruits of the Cacao (Theobroma cacao), Sterculiaceae, around Kumasi, Ghana.

    Investors are honed in on consumer companies that use cocoa as a raw ingredient to see how they manage costs to protect the bottom line.

  • MOSCOW, July 25- McDonald's burgers and shakes may become the latest victims of worsening ties between Moscow and Washington after a Russian consumer watchdog agency accused the U.S. chain of sanitary violations.

  • *Shares open at $19, above IPO price of $15. July 25- Shares of El Pollo Loco Holdings Inc rose as much as 32 percent in their market debut as investors tucked into the offering, betting on the growing popularity of the restaurant chain's fire-grilled chicken.

  • Lessons learned from big social media disasters Friday, 25 Jul 2014 | 10:00 AM ET

    Some high-profile companies have really screwed up in tweets and posts, providing lessons in how not to use social media.

  • Amid scandal, McD's stops Asia chicken nuggets sales Friday, 25 Jul 2014 | 8:59 AM ET
    McDonald’s Chicken McNuggets and McWings are shown at a McDonald's restaurant in Tokyo.

    McDonald's suspended sales of chicken nuggets in Hong Kong and shifted chicken imports to Thai suppliers for its Japan business.

  • HONG KONG, July 25- McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.-owned Chinese company at the centre of a food safety scare in China.

  • MOSCOW, July 25- Russia's consumer protection agency has filed a lawsuit in a Moscow court seeking to ban some of McDonald's Corp's burgers along with its milk shakes and ice cream, a court spokeswoman said on Friday.