Mason Smoot, McDonald s chief restaurant officer, said in an email to franchisees on Friday that McDonald s agreed to an independent review of certain tech fees at the request of the National Franchisee Leadership Alliance (NFLA), an elected group of the chain s franchisees. McDonald s offered to engage Ernst & Young, our independent auditor and one of the most-respected accounting firms in the world, to conduct a review to validate how the payable came to be and confirm it is owed to McDonald s, the email said. While unprecedented, this will provide an additional layer of certainty and assurance that the payable is owed.
By Reuters Staff
1 Min Read
FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
PARIS (Reuters) - France is unlikely to see a situation similar to the volatile trade in shares of U.S. video games retailer GameStop, the head of France’s AMF market regulator said on Friday.
“It is improbable in France and Europe, but it is a situation to which we have to pay close attention,” AMF head Robert Ophele told Boursorama TV.
Investors who followed popular Reddit forum WallStreetBets helped push GameStop shares to a closing high of $347.51 on Jan. 27 as part of a strategy to squeeze hedge funds that had taken short positions on the stock.
Americans put a record $4.71 billion toward gaming to start the year as Call of Duty continues to top charts, Cyberpunk 2077 sales slide in second month