McDonald's estimates Russia operation suspension will cost $50M per month
McDonald's CFO Ken Ozan emphasized the fast-food giant is still calculating the overall impact, which will include paying for its leased locations, the salaries of its approximately 62,000 employees in Russia, related supply-chain costs and other expenses.
Americans reconsider driving, spending habits and their employment amid record gas prices
Americans are rethinking their driving and spending habits as gas prices surge to record highs.
Costco, Sam's Club battle for gas dominance
The national average price for a gallon of regular gasoline reached $4.173 as of Tuesday, climbing 50 cents from a week earlier, according to AAA data.
March Madness 2022: Reggie Miller teams up with Wendy's for 3rd year, reveals what swag makes it into his bag
Basketball Hall of Famer Reggie Miller will be calling NCAA Men’s Basketball Tournament games as March Madness begins, and fans will be able to see him during the timeouts as well.
Apple unveils new iPhone SE, iPad Air, Mac Studio, M1 Ultra chip
Here is a FOX Business roundup of everything you need to know about Apple's latest product announcements.
Starbucks, Coca-Cola, PepsiCo suspend operations in Russia; Amazon suspends web services sign-ups
Starbucks and Coca-Cola have announced the companies are suspending operations in Russia, while Amazon Web Services said it would not be signing new clients either in Russia or Belarus.
Disney World theme parks hit with flooding, videos show
Videos surfaced on social media showing Disney's Hollywood Studios and EPCOT streets becoming flooded.
McDonald's pausing Russia operations, temporarily closing restaurants
Russia and Ukraine combined represented approximately 2% of McDonald's system-wide sales, roughly 9% of its revenue and less than 3% of its operating income in 2021.
Uber giving free rides between Ukraine border and multiple Polish cities
As part of its "free rides as the border" announcement, the company also said its offering free rides for staff at Migrant Welcome Centers. Uber will also deliver goods to nonprofit warehouses in Poland for free.
McDonald's, PepsiCo urged to cease Russia operations by NY pension fund
The New York State Comptroller's office helps guide a $280 billion fund that has an estimated $110.8 million in public equity investments, including direct holdings and co-mingled funds in Russian companies.
Kohl's betting big on Sephora, smaller stores amid pressure from activist investors
Kohl's is aiming to become the retailer of choice for the active and casual lifestyle and a destination for iconic national brands as it faces pressure from activist investors to pursue a sale.
Chick-fil-A opens first Puerto Rico location
Chick-fil-A opened its first location in Puerto Rico last week.
TikTok suspends new content and livestreaming in Russia after Putin signs 'fake news' law
TikTok joined the corporate exodus from Russia on Sunday as the Chinese-owned social media platform announced it is suspending new content and livestreaming in the country after Putin signed a “fake news” law on Friday.
Calls to boycott McDonald's, other brands in wake of Russia's invasion of Ukraine
Major global brands, including McDonald's Corp, PepsiCo Inc. and the Estee Lauder Cos Inc. should consider pausing their operations in Russia, New York state's pension fund chief wrote in letters to several companies on Friday.
Netflix fights child porn charges in Texas stemming from ‘Cuties’ backlash, accuses DA of ‘abusing his office’
Netflix's attorneys are working to fight potential child pornography charges against the streaming giant over its controversial drama “Cuties.”
Disney+ to offer ad-supported subscription tier
Disney+ will offer a cheaper, ad-supported streaming subscription tier that will roll out in the United States in late 2022 and internationally in 2023 as the entertainment behemoth looks to boost its subscriber growth.
Microsoft suspends new product, service sales in Russia
The tech giant is also "stopping many aspects of our business in Russia" in compliance with sanctions from the United States, European Union and United Kingdom."
Ukraine latest: AT&T, Verizon, T-Mobile waive international call and texting charges
Verizon, AT&T and T-Mobile are making it easier for customers to stay connected with their loved ones in Eastern Europe by waiving calling and texting charges.
Elon Musk trolls Biden, invites United Auto Workers union to hold vote on organizing labor at Tesla
Tesla CEO Elon Musk invited the United Auto Workers union to hold a vote at the company this week after Biden declined to mention the electric vehicle pioneer in Tuesday evening's State of the Union address.
Pete Davidson, Blue Origin’s Jeff Bezos may be heading to space on intergalactic flight: report
The standup comedian and “Saturday Night Live” star might find himself performing for an audience of a select few after a report on Thursday said that Davidson, 28, is nearing a deal to accompany the Amazon founder on an intergalactic mission to experience zero gravity weightlessness during a commercial space trip.

















