Ann Durbin

  • Chief Executive Officer Nov 3, 2019

    McDonald’s CEO Pushed Out After Relationship With Employee

    McDonald’s chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday. The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment, and that McDonald’s forbids managers from having romantic relationships with direct or indirect subordinates. In an email to...

  • Chief Executive Officer Nov 3, 2019

    McDonald’s CEO Pushed Out After Relationship With Employee

    McDonald’s chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday. The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment, and that McDonald’s forbids managers from having romantic relationships with direct or indirect subordinates. In an email to...

  • California May 22, 2019

    Facing New Complaints, McDonald’s Says It’s Offering Training to Combat Sexual Harassment

    McDonald’s Corp. says it’s enhancing training and offering a new hotline for workers in response to mounting allegations of sexual harassment. On Tuesday, the labor group Fight for $15 filed 25 sexual harassment charges against McDonald’s with the U.S. Equal Employment Opportunity Commission. The American Civil Liberties Union and the Time’s Up Legal Defense Fund are providing legal support. Among...

  • Illinois Aug 21, 2018

    Animal Crackers Break Out of Their Cages in Box Redesign

    Mondelez International, the parent company of Nabisco, has redesigned the packaging of its Barnum’s Animals crackers after relenting to pressure from People for the Ethical Treatment of Animals.

  • Hawaii Jul 18, 2018

    Marriott Hotels Eliminating Plastic Straws by 2019

    Marriott International plans to remove plastic straws and drink stirrers from all of its 6,500 hotels and resorts worldwide by next year. The world’s largest hotel company said Wednesday that the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019. Bethesda, Maryland-based Marriott says the year-long timeframe will let hotels deplete their existing supplies and...

  • Congress Jul 16, 2018

    US Sales and Employment Likely to Grow, Economists Say

    Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. But a majority of the economists surveyed by the National Association for Business Economics say the corporate tax cuts that the Trump administration pushed through Congress have yet to affect their plans for hiring or investment. The administration...

  • California Feb 8, 2018

    Back to Earth: Tesla’s Losses Grow on Model 3 Delays

    The day after Tesla and SpaceX CEO Elon Musk blasted his Tesla Roadster into space, his electric car company’s mounting losses brought him back to Earth again. Tesla Inc. posted a record quarterly net loss of $675 million in the fourth quarter, up from a net loss of $121 million in the same period a year ago. The Palo Alto,...

  • Los Angeles Apr 1, 2016

    Orders for Lower-Priced Tesla Hit 198,000

    Demand for Tesla Motors’ new lower-priced electric car surprised even the company’s CEO Friday as 198,000 people plunked down $1,000 deposits.

  • China Jan 4, 2016

    General Motors Invests $500M in Lyft, Forms Partnership

    General Motors Co. and ride-hailing company Lyft Inc. are forming an unprecedented partnership that could help them beat their rivals to the self-driving future....
    Lyft said Monday that GM invested $500 million in the company as part of a round of a $1 billion round of fund-raising. GM gets a seat on Lyft’s board and access to the three-year-old company’s software,...

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