McDonald's Quarter Pounder has been linked to a deadly E. coli outbreak across 10 states.The fast-food chain overhauled its famous burger in 2018 — then reported a surge in sales.Now, McDonald's says it's temporarily removing the Quarter Pounder from its menus. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personaliz ...

One person has died and 10 have been hospitalised after an outbreak of E. coli linked to McDonald's Quarter Pounder burgers, the US Centers for Disease Control and Prevention (CDC) has said.Infections were reported between 27 September and 11 October across 10 US states; Colorado, Iowa, Kansas, Missouri, Montana, Nebraska, Oregon, Utah, Wisconsin and Wyoming. Colorado has 27 of the 49 reported cases - including an older person who died and one child who has severe kidney complications, the CDC said.The publ ...

McDonald's (MCD) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 2 ...

After former President Donald Trump made headlines serving fries at a McDonald’s drive-thru in Pennsylvania over the weekend, some were quick to speculate that the fast food giant’s stock might see some turbulence. During Monday’s trading hours, McDonald’s (NYSE: MCD) shares experienced a slight dip, but was it really due to Trump’s impromptu shift behind the counter?On Sunday, Trump was spotted chatting with voters and handing out fries, creating a buzz across social media. However, McDonald’s was quick to ...

Core Insights - The fast food industry, particularly McDonald's, is experiencing wage increases influenced by federal and state minimum wage laws, with some workers earning up to $20 per hour [1][2] - McDonald's has implemented a phased wage increase for its company-owned restaurants, aiming for an average hourly wage of $15 by 2024 [2] - Recent legislation in California has raised the minimum wage for certain fast food restaurants to $20, reflecting a broader trend towards higher wages in the industry [3] Wage Structure - The average hourly pay for McDonald's jobs nationwide is approximately $13.27, with variations based on location, job title, and experience [1] - In 2021, McDonald's increased wages for its owned restaurants by an average of 10%, setting entry-level crew wages between $11 and $17 per hour, and shift managers between $15 and $20 per hour [2] - Franchisees, which operate over 95% of McDonald's locations, have the autonomy to set their own wages, leading to some franchisees in New York exceeding the $15 minimum wage [2] Legislative Impact - California's new law, effective April 1, raised the minimum wage for certain fast food restaurants from $16 to $20, equating to an annual salary of $41,600 [3] - The legislation aims to improve wages, working conditions, and training for fast food workers, as stated by California Governor Gavin Newsom [3]

In the latest trading session, McDonald's (MCD) closed at $314.89, marking a -0.53% move from the previous day. This change lagged the S&P 500's 0.18% loss on the day. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq gained 0.27%. Prior to today's trading, shares of the world's biggest hamburger chain had gained 6.65% over the past month. This has outpaced the Retail-Wholesale sector's gain of 3.95% and the S&P 500's gain of 4.46% in that time. Investors will be eagerly watching for the perfor ...

Republican presidential nominee and former U.S. President Donald Trump works behind the counter during a visit to McDonalds in Feasterville-Trevose, Pennsylvania, U.S. October 20, 2024. Though President Donald Trump visited a Pennsylvania McDonald's location on Sunday, the fast-food giant is trying to stay neutral in the presidential race. "As we've seen, our brand has been a fixture of conversation in this election cycle. While we've not sought this, it's a testament to how much McDonald's resonates with s ...

Feasterville, Pennsylvania, Oct. 20, 2024 (GLOBE NEWSWIRE) -- Article: https://thinkcarebelieve.blog/2024/10/20/president-trump-works-the-french-fry-job-at-mcdonalds/ Feasterville, Pennsylvania– On his Pennsylvania campaign tour today, President Donald J. Trump made a stop at the McDonald's Restaurant in Feasterville, PA to put on the McDonald's apron to work the french fry station. When asked why he chose to do this, he answered that his Democratic opponent, Kamala Harris said that she worked at McDonald's ...

McDonald's (MCD) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this world's biggest hamburger chain have returned +7.2%, compared to the Zacks S&P 500 composite's +3.8% change. During this period, the Zacks Retail - Restaurants industry, which McDonald's falls in, has gained 3.7%. The key question now is: What could be the stock's future direction?While ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying MCD stock? Here’s what analysts think:Read More: ...