McDonald’s: Not in the Burger Business

McDonald’s: Not in the Burger Business

McDonald’s has been in the news recently because of a health scare in China related to their meat suppliers. They have warned investors that this negative press may cause near term pressure on sales volume and revenue. Investors following the story, or any story involving McDonald’s for that matter, will repeatedly run into reporters that […]

McDonald’s CEO Don Thompson Reverses Stance on Minimum Wage Hike

McDonald’s CEO Don Thompson Reverses Stance on Minimum Wage Hike

Amid a storm of controversy and protests, McDonald’s CEO Don Thompson has reversed his stance on President Obama’s proposed minimum wage hike. Studies show that McDonald’s employees currently make around $9 an hour. Thompson is paid $9.5 million a year. Thompson made this announcement in a speech he gave at Northwestern University. Thompson said that the […]

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