(Dave Bedard photo)

McDonald’s sues major beef producers in US price-fixing lawsuit

Reading Time: 2 minutes Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices. McDonald’s said in a lawsuit filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill […] Read more

Close-up of a McDonald’s double Quarter Pounder with bacon. (Corporate.mcdonalds.com)

McDonald’s reported laying off hundreds of corporate employees

Layoffs don't include restaurant-level workers

Reading Time: < 1 minute New York | Reuters — The number of corporate employees McDonald’s Corp. plans to lay off this week will tally in the “hundreds,” a source familiar with the burger chain’s thinking said on Monday, as the company moves forward with a previously announced restructuring. The fast-food company is closing its offices “out of respect,” and […] Read more