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McDonald's

Financing

McDonald’s faces a fight with its former CEO

Steve Easterbrook is seeking to dismiss the company’s clawback lawsuit, saying the company had information about his relationships.

Leadership

McDonald’s sues Steve Easterbrook for severance, saying he hid more affairs

The company alleges its former CEO had three sexual relationships in addition to the one he acknowledged.

The former McDonald’s CEO said he’d not been sexually involved with other employees, but an email trail of explicit images contradicted his assertion. Now he may have to give back his severance.

The breakfast-heavy chains are adapting to changes in consumer patterns, which may be more permanent than you think, says RB’s The Bottom Line.

The company also announced that it is working with the Mayo Clinic to help with its coronavirus response.

U.S. same-store sales turned positive in July as customers returned to the chain’s drive-thrus, while most international markets are now open.

More than half of the restaurants slated for closure are inside Walmarts as the company accelerates unit closings.

The company is also extending the pause on its dining room openings and adding more protective panels in the restaurants.

Consumers’ shift has chains like McDonald’s and Taco Bell thinking differently, says RB’s The Bottom Line.

The battle for the best continues, with the Colonel and smaller contenders joining the ranks.

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