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McDonald's stock fell around 5% on Wednesday after the Centers for Disease Control and Prevention said the company's Quarter Pounder burgers had been linked to an E. coli outbreak in some states ...
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A post shared on Facebook claims X owner Elon Musk is going to purchase ownership of McDonald’s. Verdict: False There is no evidence for this claim. Fact Check: President-elect Donald Trump ...
McDonald's (MCD) investors were not lovin' 2024 as the fast food chain faced an underperforming stock, lackluster sales, and an E. coli outbreak. Many on the Street hope its fourth quarter results ...
On 22 March, it was announced that all McDonald's outlets in Ireland would be closed from 7 pm on 23 March. [31] [32] The day after the McDonald's announcement, coffeehouse chain Costa Coffee and restaurant franchise Subway both announced they would shut their Irish outlets, as did doughnut company Krispy Kreme regarding its one Irish outlet in ...
The dip was the first decline in global sales for McDonald's since the fourth quarter of 2020 when the U.S. economy, amid the COVID-19 pandemic, had its sharpest annual drop since 1946.
A restaurant that is to-go only due to laws created to stop the spread of the coronavirus. In March 2020, restaurants' daily traffic dropped precipitously as the virus spread, compared to the same period in 2019. [25] According to NPR's Yuki Noguchi, "Just about every restaurant nationwide has been hit hard at once, making this disaster unique."
On 27 February, due to mounting worries about the COVID-19 pandemic, stock markets in Asia-Pacific and Europe saw 3–5% declines, [92] [93] with the NASDAQ-100, the S&P 500, and the Dow Jones Industrial Average posting their sharpest falls since 2008 (and the Dow falling 1,191 points, its largest one-day drop since the financial crisis of 2007 ...