McDonald's Quarter Pounders have been tied to a deadly outbreak of E. coli in the US The company says slivered onions were the likely culprit Click Here
McDonald's USA President Joe Erlinger on Wednesday said the fast-food chain needs to rebuild trust with the public after it pulled the item off its menu at a fifth of its 14,000 US restaurants.
It's been a horrible 24 hours for fast-food giant McDonalds. Yesterday, the Centers for Disease Control and Prevention (CDC) announced that it was conducting a “fast-moving” outbreak investigation into the chain after 49 people became ill with E.
O'Leary Ventures Chairman Kevin O'Leary breaks down the fast food chaos on 'The Claman Countdown.'
McDonald's Corporation is leveraging automation to drive foot traffic and reduce labor costs, positioning itself well despite wage pressures and health concerns. The 'Fight for $15' movement poses a threat, but McDonald's automation efforts can mitigate potential labor cost increases. Despite an E. Coli outbreak, McDonald's earnings estimates remain favorable, with automation expected to boost EPS growth.
The CDC had interviewed 18 people with confirmed cases and 12 of them said they had eaten a quarter pounder burger before becoming sick.
Analysts believe any impact from a recent E. Coli outbreak to McDonald's (MCD) sales and stock price likely will be short-lived.
An outbreak of E. Coli that sickened 49 people and killed one across 10 states was first linked to the Golden Arches' famous hamburgers on Tuesday evening.
McDonald's having its worst day since 2022 as an E.Coli outbreak hits the company. The Investment Committee debate how to trade the name here.
Kevin Hincks takes a look at 2 restaurant stocks making headlines on Wednesday: McDonald's (MCD) and Starbucks (SBUX) ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors.
The Centers for Disease Control and Prevention has opened an investigation into McDonald's Quarter Pounders after at least 49 people reported illness.
MCD benefits from strategic initiatives, maintaining shareholder value and a franchise-focused model, amid inflation and macro risks.