McDonald's Financial News

Consolidation in funds management is proving to be a ripe hunting ground for superannuation funds recruiting for plum roles in their internal investment teams – just ask the $160 billion Aware Super.

Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its plant-based meat substitute fell despite price cuts

Beyond being a mere video game series, Pokémon has expanded into mobile games, health applications, and a thriving trading card game that has reached new heights. Here's a glimpse of when the broadcast kicks off, where you can catch it, and what you can anticipate from this event.

Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its plant-based meat substitute fell despite price cuts

Kalgoorlie | The Tim Goyder-backed Chalice Mining was surprised by the Albanese government’s move to work with Indonesia on critical minerals supply chains given the South-East Asia nation competes with Australian nickel producers and has an inferior record of environmental oversight.

China is lifting a stifling 3-year-old tariff on Australian barley in a sign of an improving bilateral trade relationship since Australia’s government changed

In this article

Drexel University has mourned the death of its basketball player Terence Butler, who was found dead Wednesday in his apartment situated on campus. In a statement published on its official website, President John Fry said, “We are deeply saddened to inform you of the loss of Terrence Butler, an undergraduate student in the College of Engineering, and a member of our men’s basketball team. Who passed away in his on-campus apartment this morning.” Praising the deceased athlete, he said further, “On behalf of the entire Drexel community, we offer our deepest sympathy to Terrence's family, friends, and teammates. In addition to being an athlete-student, Terrence was involved in numerous activities and organizations at Drexel and was a friend to many throughout the University community.” Terrence Butler became McDonald's All-American nominee at Bishop McNamara High School in Forestville, Maryland. The student-athlete is survived by his parents Terrence and Dena, and his sister Tiara and Tasia.

Reuters that Meta Platforms executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks following its buzzy launch.

McDonald's Hong Kong has teamed up with The Sandbox, a decentralized virtual gaming platform owned by Animoca Brands, to create the first Web3 experience platform. This partnership has resulted in the launch of «McNuggets Land», a unique metaverse gaming experience that marks the 40th anniversary of McNuggets.

Morgan Stanley is selling Gradifi Solutions, a student loan benefits provider, to workplace savings fintech Vestwell.

McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales

Westlife Foodworld Q1 Results: Westlife Foodworld announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 27, reporting a consolidated net profit of ₹288.3 crore, compared to ₹235.7 crore in the corresponding period last year. The company's revenue from operations in the first quarter of current fiscal stood at ₹614.5 crore, reporting a growth of 14 per cent, compared to ₹537.9 crore in the year-ago period. The company's board declared an interim dividend of ₹3.45 per equity share of face value of ₹2 each, for financial year 2023-24.

Check out the companies making headlines in early morning trading.

Westlife Foodworld reported a smaller-than-expected rise in first-quarter profit on Thursday as higher expenses took the shine off increased sales at the operator of McDonald's restaurants in West and South India. The franchisee for the U.S. fast-food chain said consolidated net profit after tax rose to 288.3 million rupees ($3.52 million) for the quarter through June from 235.8 million rupees a year earlier.

Rajasthan polls are scheduled to be held on or before December 2023 to elect representatives 200 seats of the state's Legislative assembly. What started with an invitation to speak, and the fact that the Rajasthan CM would not be ‘able to welcome PM Modi’ to the state, elevated to red tomato and red diary barbs on both end. For context, red tomatoes have been selling at sky high prices all across the country causing many to give up on the botanical fruit, including burger chains like McDonalds.

The 16-year-old worker killed in a Mississippi poultry plant earlier this month is the third teenager to die in a workplace accident so far this summer

By Deborah Mary Sophia

airport terminal went so far as to display a sign informing customers of the "Temporary Unavailability of TOMATOES" and explained that they are currently unable to source enough tomatoes that meet their quality standards. "It's very expensive," Reuters quoted one Subway store employee as saying.

Subway India outlets have stopped serving tomatoes in their salads and sandwiches due to quality problems, the latest move by a foreign brand as prices of the staple have soared nearly 400% to record highs in the country. A Subway outlet at a Delhi airport terminal announced the «Temporary Unavailability of TOMATOES» in a sign saying the restaurant could not get enough supply that passed its quality checks. «Hence for the time being we are forced to serve you products without tomatoes,» it said.

severely burned by a McDonald’s Chicken McNugget.Olivia Carabello was just four years old when she suffered second-degree burns after a hot Chicken McNugget fell on her leg as her mother pulled away from the drive-thru of a South Florida location of the fast food chain in 2019.In May, Philana Holmes testified that she bought Happy Meals for her son and daughter at a drive-thru window at a McDonald’s in Tamarac, near Fort Lauderdale.She said she passed a bag of fast food to her children in the backseat and while driving away her daughter began screaming. Holmes pulled into a nearby parking lot and that’s when she discovered the burn, caused when a piece of chicken fell from the bag.The suit alleged the “unreasonably and dangerously hot” nugget caused the girl’s skin and flesh around her thighs to burn when it became lodged between the girl’s car seat and her leg.A separate jury in May decided that McDonald’s and franchise owner Upchurch Foods were at fault for the burns.