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February 28, 2021
By Heather Haddon and Suzanne Vranica McDonalds Corp. said it is considering selling part of digital startup Dynamic Yield Ltd., which it acquired less than two years ago in a bid to boost... | March 4, 2021
February 27, 2021
McDonald’s says it’s considering selling part of Dynamic Yield × The plan is in the early stages and the chain may pursue other options for Dynamic Yield McDonald’s Corp. said it’s considering selling part of Dynamic Yield, its artificial intelligence startup that provides personalized digital promotions to consumers. The decision-logic technology helps its restaurants vary electronic menu boards’ display of items, depending on factors such as the weather, for example more coffee on ...
February 24, 2021
More men need to start paying attention to and learning from the #metoo movement.
February 18, 2021
By Danielle Wiener-Bronner, CNN Business McDonalds will tie executive pay to diversity goals and aim to hit gender parity in management by the end of 2030 as the company tries to overhaul...
February 18, 2021
McDonald’s announced Thursday a commitment to improve leadership diversity in the next five years, with executive compensation tied to achieving those goals.
February 18, 2021
Schumpeter Firms are increasingly trying to make badly behaved bosses hand their earnings back I F BUSINESS HAD a Moses, “Thou shalt link pay to performance” would be on his tablet. Compensation committees have, however, tended to stick to a narrow reading of the commandment. Whereas they reward good behaviour, deterring the bad is an afterthought. Worried that this may lead bosses to adopt a mentality of “heads we win, tails shareholders lose”, boards are rethinking their priorities—...
February 18, 2021
Herb Washington has filed a lawsuit against McDonald's, claiming the company discriminated against him and other minority franchisees.
February 17, 2021
A Black former MLB player and current McDonald’s franchisee is accusing the fast-food giant of racial discrimination and “deplorable treatment” as compared with white franchisees. Herb Washington, a track star at Michigan State who played for the Oakland A’s, has been a franchisee for 40 years. Since that time, Washington alleged that he’s been the victim of “predatory racially biased steering practices,” in which he’s been pushed to open stores in low-volume, predominantly Blac...
February 16, 2021
Herb Washington’s lawsuit comes amid an exodus of Black owners from the world’s largest franchisor
February 16, 2021
BBC News Published image copyrightHandout image captionHerb Washington says McDonalds has retaliated against him after he spoke up about racial issues A former professional baseball player who was once the largest black McDonalds operator in the US has sued the company for racial discrimination. Herb Washington said the firm had denied black owners the opportunities it gave to whites, including by steering them to stores to "distressed, predominantly black" areas. He accused the company of reta...