Tag: McDonald’s Corp.

McDonald’s Ends Testing McPlant Burger, Adding Pressure on Beyond Meat Stock

July 29, 2022
Beyond MeatBusiness & MarketsCompaniesfake meatMcDonald's Corp.McPlantUSUS News
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McDonald’s announced that it has concluded the U.S. trial of its McPlant burger, which is made with the plant-based protein manufactured by Beyond Meat (BYND). In November 2021, McDonald’s began testing the meat-free burger in eight restaurants across America. In February this year, the company introduced the McPlant burger at around 600 locations. According to…

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Burger King Latest Food Company Restricting Russian Operations

March 11, 2022
Burger KingBusiness & EconomyCompanieseconomic policieseconomyEuropeMarketsMcDonald's Corp.New Sanctions on RussiaRussia Ukraine invasionRussia-Ukraine WarUSUS NewsWorld
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Fast-food chain Burger King, with around 800 fully franchised outlets in Russia, has decided to pause all corporate support within the country, joining other companies taking similar retaliatory measures following Moscow’s incursion into Ukraine. In a statement March 10, Restaurants Brands International (RBI), the parent company of Burger King, said there are no corporate Burger King…

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Billionaire Carl Icahn Escalates Fight Against McDonald’s On Pig Policy

February 21, 2022
animal crueltyBusiness & EconomyCarl IcahnCompaniesgestation cratesMcDonald's Corp.pig farmingUSUS News
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Billionaire activist investor Carl Icahn has amped up his campaign against McDonald’s pig sourcing from suppliers who continue to keep pregnant sows in gestation crates, something that Icahn says is obscene. Icahn has nominated Maisie Ganzler, chief strategy and brand officer at Bon Appetit Management Company, and Leslie Samuelrich, president of Green Century Capital Management,…

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