McDonald's

Nike won't renew franchise agreements in Russia: report

Nike has reportedly not renewed franchise agreements in Russia. The athletic clothing brand announced it would temporarily suspend operations at all its Nike-owned and -operated stores there due to Russia's invasion of Ukraine.

McDonald's to sell Russian business

The announcement comes after McDonald's said in early March that it temporarily closed restaurants in Russia and paused operations in the market.

McDonald's benefits from price hikes

Sales at stores that were open at least a year increased 3.5% in the January-March period, even in the midst of an "increasingly complex and uncertain operating environment," according to McDonald's CEO Chris Kempczinski.

Carl Icahn takes on McDonald's over pig welfare

Billionaire investor and Icahn Enterprises founder Carl Icahn is waging a proxy battle against McDonald's in an effort to pressure the fast food giant to switch to "crate free" pork.

Carl Icahn nominates two to McDonald’s board

Carl Icahn has launched a proxy fight for two board seats at McDonald’s Corp., as the activist investor pushes the fast-food chain to require its suppliers to change their treatment of pigs.