Concert promoters, MCD last year lost out on estimated revenues of €20m through the refund of 300,000 concert tickets to music fans. That is according to CEO, Denis Desmond who said “it is great to be back open”. “We have had 22 months without shows, it is a long time,” he said. The 300,000 refunded tickets were for gigs cancelled due to Covid-19 that could not be rescheduled and that the estimated €20m in lost revenues “is a big number”. Mr Desmond was confident MCD would return to the top 10 promoters in the world in terms of tickets sold this year. “We will sell between 1.6 million and 1.7 million tickets this year.” Mr Desmond and Caroline Downey co-own MCD along with Live Nation. One of the main events of this year will be Electric Picnic, at Stradbally, in Co Laois, in September after MCD was forced to cancel in 2020 and 2021 due to Covid-19. New accounts filed by the EP Republic Ltd which stages Electric Picnic show that its revenues increased by 13pc from €14.98m to €16.9m in 2019.
Fast food chains in Southeast Asia like McDonald''s and KFC are downsizing large orders of french fries.
McDonalds US and 23XI Racing announce they have joined forces to kick off the 2022 NASCAR Cup with the release of the race clothing collection. The partnership has been described as historic since this is the fast-food…
Chase Offers are cash-back deals and discounts for cardholders that can save you money at popular merchants — these are the best available right now.
Icahn said he''s prepared to nominate directors if McDonald''s continues to use suppliers that house pregnant pigs in small crates
Photo by Nattanan23 on Pixabay This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. The COVID-19 pandemic has been challenging for many industries, but data shows the franchise industry is flourishing. In 2020, the franchise industry was worth more than $670 billion and employed more than 7 million people. What Is A Franchise? A franchise is a business concept where the owner of a business idea — the franchisor — licenses another business — the franchisee — to use its business idea and model, products, services, and branding. In exchange, the franchisor is paid an initial startup fee and ongoing royalties that usually are paid weekly, monthly or quarterly. According to Statistica , the leading company in the franchise space in terms of market revenue is McDonald''s Corp. (NYSE: MCD ), which brings $93 billion. Following McDonald''s is 7-Eleven Inc., collecting $90 billion in sales. Other franchises include KFC, owned by Yum!

McDonald''s is closer to a board fight with Carl Icahn

08:46pm, Wednesday, 16'th Feb 2022 Seeking Alpha
Activist investor Carl Icahn said he is 90% there in deciding to put up a slate of nominees for the board of McDonald''s Corporation due to the treatment of livestock. Read more.

Delhi Court summons five AAP leaders

08:30pm, Wednesday, 16'th Feb 2022 The Indian Express
He has alleged that Pathak, in criminal conspiracy with the others, held a press conference in which he made defamatory statements claiming that there was corruption of Rs 1400 crore in the MCD.
With inflation at its highest level in about 40 years, it''s a good time for investors to buy stocks with strong pricing power, according to Wolfe Research.
On Sunday, McDonald’s Corporation (NYSE: MCD ) sent a tweet suggesting “something is coming” featuring a photo of what looked to be a blurred image of an M-ATV style vehicle, and an even blurrier image of what looks like the Dogecoin (CRYPTO: DOGE ) logo. Th news sent Dogecoin up nearly 8% to $0.1569, leading investors to believe in a potential partnership with McDonald''s where the fast-food company would accept Dogecoin as payment. However, when the secretive ad aired during the Super Bowl, it … Full story available on Benzinga.com

The Fiona Worts ''feelgood'' Maccas story highlights the additional pressures facing ALW players

02:22am, Tuesday, 15'th Feb 2022 Australian Broadcasting Corporation
The Adelaide United striker''s part-time job at McDonald''s highlights the unseen barriers A-League Women players still face, writes Samantha Lewis.

5 Best Dow Dividend Stocks to Buy Now

07:40pm, Monday, 14'th Feb 2022 Kiplinger
If there''s one thing recent macroeconomic and stock market turbulence should reteach us, it''s that the best blue-chip dividend stocks never go out of style. And the Dow''s best dividend stocks are proving that handily so far in 2022. True, inflation is advancing at the fastest pace in four decades, and the market is seething with anxiety over impending interest rate hikes. Yet the top-rated dividend payers among the 30 Dow Jones stocks are beating the market so far this year and should continue to give income investors some much-needed peace of mind. SEE MORE The Pros Picks: 22 Top Stocks to Invest In for 2022 Many of the Dow''s best dividend stocks also happen to be dividend growth stalwarts. Quite a few names in this elite bastion of 30 blue-chip equities are members of the S&P 500 Dividend Aristocrats an index of 66 best dividend stocks that have increased their payouts for at least 25 consecutive years. It''s also noteworthy that the Dow Jones'' best dividend stocks hail from sectors that hold up well when inflation runs hot .

McDonald''s, Victoria''s Secret Have a Meta Moment

07:36pm, Monday, 14'th Feb 2022 The Street
Victoria''s Secret and McDonald''s join a growing list of companies looking to set up shop in the metaverse.
McDonald’s restaurants that slow down DoorDash delivery workers by making them wait for orders that aren’t ready on time are about to face stiff financial penalties, according to a report. DoorDash will start dinging eateries by raising its commission rates — which will jump as high as 20% of an order — that McD’s restaurants…

DoorDash and McDonald''s negotiate new commission rates

12:51pm, Monday, 14'th Feb 2022 Seeking Alpha
DoorDash (DASH) is planning to raise fees charged on McDonald''s (MCD) restaurants that are slow to prepare orders while agreeing to lower its base commission rate for delivery to 11.6% vs…
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