30-Year-Old San Francisco McDonald’s Closes Due to $20 Minimum Wage

A longtime McDonald’s franchise in San Francisco is closing after 30 years in business due to California Gov. Gavin Newsom’s new $20 minimum wage law, the owner said. The McDonald’s at Stonestown Galleria fell victim to the economy on Sunday. Franchise owner Scott Rodrick Said He told ABC7 it was a “heartbreaking day” for him […]
San Francisco McDonald’s shutters after 30 years in latest casualty of $20 minimum wage

San Francisco chain McDonald’s has reportedly become the latest casualty of California’s new $20 minimum wage. The McDonald’s at the Stonestown Galleria shopping mall, about eight miles southwest of downtown San Francisco, closed permanently on Sunday after more than 30 years in the area. “This is a heartbreaking day for my family,” franchise owner Scott […]
Nvidia’s run, IRS loophole targeted and McDonald’s value meal

Barron’s Roundtable host Jack Otter and guests discuss what investors should be watching in the market. U.S. consumers, including Olive Garden customers, are showing signs of nervousness. Stock prices are trading at record highs but were little changed over the weekend. Nvidia, Microsoft, and Apple are the new trillion-dollar trio. The Winklevoss Twins back former […]
‘McMayhem’: Video shows McDonald’s worker firing gun at customer who was irate over order mistake in Florida

A McDonald’s employee was arrested. allegedly shot Florida police say the incident occurred over a customer who was upset that his food order had been miscommunicated. Lakeland police said in a release Monday that the incident happened around 1 a.m. Friday at a McDonald’s on East Memorial Drive in Lakeland. “Once a bullet is fired, […]
McDonald’s outlines $5 meal deal and its contents

California restaurant owner Scott Rodrick speaks on “Wall Street with Maria Bartiromo” about the impact of inflation, labor costs and other challenges facing the fast-food industry. McDonald’s on Thursday outlined the contents of its upcoming $5 meal sets. The set menu includes your choice of one of two sandwiches — a McDouble or a McChicken […]
McDonald’s all in on ‘Grimace Effect’ as Mets’ win streak rolls on

The Mets win and McDonald is ecstatic. Since Grimus, the fast-food chain’s affable, 53-year-old purple character, threw out the first pitch at Citi Field last Wednesday, the Mets have won seven straight games, the most recent of which was a come-from-behind victory Tuesday night in Texas. Following the Mets’ success, McDonald’s also joined in the […]
Wild video shows McDonald’s employee shooting at customers during drive-thru fight

She didn’t love it. A 22-year-old McDonald’s employee in Florida was arrested after pulling out a gun and firing at a customer following a physical altercation in the drive-thru that was caught on camera. Shocking surveillance footage shows a violent brawl between Chassidi Gardner and a customer in the drive-thru of a McDonald’s in Lakeland, […]
McDonald’s ending AI drive-thru ordering

See what’s clicking on FoxBusiness.com McDonald’s has reportedly notified franchisees that it is ending its artificial intelligence drive-thru order-taking program. “After careful consideration, McDonald’s has decided to terminate its current partnership with IBM regarding AOT,” Mason Smoot, McDonald’s U.S. chief restaurant officer, said in a message obtained by Restaurant Business magazine. [automated order taking] Additionally, […]
Junior US troops are paid worse than McDonald’s workers, says House GOP military veteran

Republicans who led the House effort to pass the largest military pay boost in history are slamming the Biden administration for opposing the bill. Rep. Mike Garcia (R-Calif.), a member of the House Armed Services Committee and a former Navy pilot, pushed for a 19.5% pay increase to be included in this year’s National Defense […]
McDonald’s says price increase reports overstated

Fast food chain McDonald’s has denied the claims about price gouging and called for “the true facts to emerge.” “Recently, there have been social media posts and unsubstantiated reports circulating that McDonald’s has increased prices significantly above the rate of inflation,” said Joe Erlinger, president of McDonald’s USA. Said In an open letter dated Tuesday, […]