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The Latest Breaking News from Chris Kempczinski

McDonald's CEO Says Tip Tax Break Creates 'Uneven Playing Field' As Restaurants Get 'Customers To Pay For Labor' — But $8 Big Mac Combos Still Coming

Restaurant pay has never been simple, and McDonald's (NYSE:MCD) CEO Chris Kempczinski says a new tax break just tilted the balance even further.

Benzinga

McDonald's Declares War on Tipping Culture as It Quits US Restaurant Association: 'Pay Your Staff Properly!'

McDonald's exits National Restaurant Association over tipped wage dispute, with CEO Chris Kempczinski calling for equal minimum wages across the industry.

International Business Times UK

McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

“Particularly with middle- and lower-income consumers, they’re feeling under a lot of pressure right now,” Chris Kempczinski said on CNBC.

Fortune

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McDonald’s CEO says Trump’s no tax on tips creates ‘uneven playing field’ for its restaurants, which don’t get ‘customers to pay’ for labor

Chris Kempczinski raised concerns that restaurants paying tipped workers a lower minimum wage were getting an extra boost from the White House’s new provision.

Fortune

Price cuts at McDonald's may signal a broader fast food price war

McDonald’s is cutting prices on some combo meals to woo back customers who’ve been turned off by the rising costs of grabbing a fast food meal

The Independent UK

McDonald’s Prices Have Outpaced Inflation Since 2014 — Here’s What It Really Costs Now

Here's a look at how McDonald's prices have increased over the years, and where it sits in terms of affordability for the average American.

GOBankingRates

Even McDonald’s CEO knows the fast-food giant is too expensive. Now he’s cutting prices to woo back cash-strapped consumers

The chain will reduce prices for eight popular combo meals, aiming to uphold its brand image of affordability.

Fortune

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McDonald’s and General Motors say Trump’s tariff war is harming business

Fast-food company reports 3.6% fall in sales and carmaker says tariffs could cost it as much as $5bn in 2025

The Guardian - UK

McDonald's CEO warns the fast-food giant is 'not immune' to economic volatility after worst sales slump since 2020

Store traffic dropped nearly 10% for lower-income consumers this quarter, CEO Chris Kempczinski told investors Thursday.

Fortune

McDonald’s CEO shares 3 food trends driving his business: 'Protein is hot'

CEO of McDonald’s Chris Kempczinski says “everybody is into protein.”

Fortune

DEI has fallen out of favor—but many CEOs still have their pay tied to pursuing its goals

Companies pledged to pay execs for hitting DEI-related goals, but now that “DEI” is on the outs, companies are giving their plans a facelift.

Fortune

McDonald's Says US Sales Decreased As Customers Spent Less

McDonald's reported a slight decline in North America sales despite overall global growth.

International Business Times

McDonald's Sued Over Hispanic Scholarship Program Because Non-Hispanics Can't Apply

A group is suing McDonald's over a scholarship program that is only available for Hispanic and Latino students.

International Business Times

McDonald's Unveils New 'McValue' Menu Today: Here's What To Expect

The new Meal Deal platform offers a variety of customizable options, including Buy One, Add One for just $1, $5 meal deals, exclusive in-app offers, and localized regional deals.

International Business Times

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International Business Times UK

US Mom To Sue McDonald's After Daughter Hospitalised With Acute Kidney Failure Following Quarter Pounder Meal

A U.S. mother is planning to sue McDonald's after her teenage daughter developed acute kidney failure, allegedly due to an E. coli infection from a Quarter Pounder, amid a wider outbreak linked to the fast-food chain.

The Independent UK

Inside McDonald’s plan to win back American consumers amid sales slump, E coli outbreak

McDonald’s introduced their $5 value meal earlier this year in response to inflation

International Business Times

McDonald's Visits Plunge 9% After E. Coli Outbreak

The fast food giant acknowledged the crisis hurt its momentum, without providing numbers, but a location data tracking company said visits fell 9% last week.

Kiplinger

McDonald's Stock Stabilizes After Earnings. Is It Time to Buy?

McDonald's stock is moving cautiously higher Tuesday after the fast-food chain beat Q3 expectations, but E. coli concerns remain.

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Evening Standard

McDonald’s customers in UK and France not ‘Lovin’ It’ as global sales slump

Weak demand in several markets pushed down sales across the group, despite a flurry of marketing campaigns and deals

Fortune

The price of your cheeseburger is being threatened by Big Meat, alleges McDonald’s

McDonald’s accuses all the major meat processing giants of colluding to choke the beef supply and drive up prices.

Salon

McDonald’s unveils its jumbo burger

“It's a quintessential McDonald's burger with a twist on our iconic, familiar flavors," the brand's CEO said Monday

Fortune

McDonald's McSlump is a symptom of the 'constant drumbeat' of the election, Columbia professor says

The election is making people think the economy is worse than it really is.

Fortune

McDonald's gargantuan 'Big Arch' burger contains two-thirds of your daily caloric intake—and that's with no fries or drink

The fast-food giant is launching its mammoth new menu item in select international markets.

Fortune

McDonald's CEO blames Muslims' Gaza boycott for first quarterly sales drop since COVID

The fast food restaurant chain is losing customers following a boycott of its Israeli franchisee.

The Independent UK

McDonald’s could ‘rethink’ prices after sales fall for first time in four years

Limited-time customer favourite deals may be making a comeback in both the US and UK

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