McDonald's Corp
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. A bumpy ride Stock futures climbed Monday as investors digested the latest phase in a brewing global trade war. The three major U.S. averages dipped last week. The S&P 500 slipped by 0.2%, while the Dow Jones Industrial Average […]
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McDonald’s is about to report earnings. Here’s what to expect
A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024. Mario Tama | Getty Images McDonald’s is set to report its fourth-quarter earnings before the bell on Monday. Here is what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $2.83 expected Revenue: $6.44 billion expected The fast-food giant […]
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Amazon scrubs DEI mention from its annual report
A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. David Ryder | Getty Images News | Getty Images Amazon has removed any references to diversity and inclusion from its most recent annual report. The company filed its report for 2024 on Friday following the release of […]
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As the war on DEI intensifies, some companies hold the line while others work behind the scenes
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back […]
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Google scraps diversity ‘aspirations,’ citing role as federal contractor
Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google is scrapping its diversity goals, becoming the latest tech giant to alter its approach to hiring and promotions following the election […]
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McDonald’s Shamrock Shake returns — and so does Grimace’s uncle
McDonald’s Shamrock Shake Source: McDonald’s McDonald’s is leaning on customers’ nostalgia for its McDonaldland characters to spur sales of its Shamrock Shake. The company said Tuesday that Grimace will reunite with his Irish uncle, Uncle O’Grimacey, bringing the mascot out of retirement after decades out of the spotlight. McDonald’s originally created Uncle O’Grimacey in 1975 […]
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Restaurants are rebounding — but Starbucks and McDonald’s still have work to do
People pass by a Starbucks coffee shop in Manhattan, New York, United States on January 15, 2025. Mostafa Bassim | Anadolu | Getty Images Starbucks is expected to report its quarterly earnings on Tuesday, kicking off several weeks of reports from restaurant companies as investors anticipate improving demand for dining out. A handful of restaurants […]
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Target rolls back DEI initiatives, the latest big company to retreat
Customers exit a Target store on November 20, 2024 in Austin, Texas. Brandon Bell | Getty Images Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent to its employees, the Minneapolis-based retailer said […]
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Amazon to halt some of its DEI programs: Internal memo
Amazon is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that have announced similar moves in the face of increasing public and legal scrutiny. In an internal note last month to staffers obtained by CNBC, Candi Castleberry, Amazon’s VP of inclusive experiences and technology, said the company was […]
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McDonald’s to close three CosMc’s locations — and open two more
A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s on December 11, 2023 in Bolingbrook, Illinois. Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in […]
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