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McDonald’s closures in Russia cost the fast-food giant $127 million in Q1 — here’s what it could mean for the country
Two months after the fall of the Berlin Wall in 1989, McDonald’s — the very symbol of Western capitalism — opened its first store in the Soviet Union. It was a big moment, and the restaurant drew large crowds. More than 30 years later, amid pressure from U.S. consumers to protest Russia’s invasion of Ukraine, […]
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World
Investors may be jumping the gun on Chinese stocks
The Baidu Inc. logo is displayed on the company’s headquarters on July 3, 2019 in Beijing, China. Wan Xiaojun | Visual China Group via Getty Images Some analysts remain pessimistic on U.S.-listed Chinese stocks, warning the road ahead remains uncertain despite signs that they’re at less risk of being delisted from U.S. exchanges. “Global investors […]
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