First he ordered managers back to the shop floor so they could “reconnect” with customers.
It is not just the world’s biggest burger chain; it is also a global emblem of American consumer capitalism. But these days the golden arches of McDonald’s are looking a little tarnished. After a decade of relentless expansion, customers around the world don’t seem to be lovin’ it any more.
Marks & Spencer is building the UK’s largest array of rooftop solar panels on its distribution centre in Castle Donington.
Asda is facing mass legal action from thousands of female employees who claim they are paid less than men to do equally valuable jobs at the supermarket chain.
Two directors of Hilco, the restructuring firm which owns HMV, shared a £1.4m payout last year after rescuing the entertainment store from administration.
Britain’s private sector employers plan to restrict pay awards to 2% over the next year, according to a report that casts doubt on forecasts that a six-year decline in living standards is about to end.
BP has reawakened hopes for the continuing potential of the North Sea by making a significant oil strike that industry experts believe could yield about 50 million barrels.
GlaxoSmithKline (GSK ), reported third-quarter revenue down 3 percent to £5.6 billion, lower than the £5.7 billion forecast by analysts, as sales of its blockbuster asthma drug Advair continued to fall.
Asos chief Nick Robertson has swept aside rumours that the online fashion retailer is about to be swallowed by Amazon, declaring the internet company was not his “dream partner”.
Despite an earnings beat, things still don't look so good for Yahoo -or CEO Marissa Mayer, industry experts said.
Some of the largest shareholders in Royal Dutch Shell, the giant petroleum and energy group, are expected to publicly back the company’s $53bn (£35bn) takeover of BG amid concern the deal could be sabotaged by those who want it scrapped.
Martin Shkreli said federal prosecutors targeted him because of a drug price hike and Internet antics.
Martin Shkreli, the embattled health care businessman, has been let go by KaloBios Pharmaceuticals — one of the companies he had headed.