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Tag Archives | McDonald’s

McDonald’s stock buyback plan aids officers, not franchisees

By Janet Sparks (originally published by Blue MauMau) – With slumping sales and negative press, McDonald’s announced a new “turnaround plan” last month to restore growth and excitement to its brand and to unlock financial value. There is another part to its aggressive agenda. The burger chain is also planning to return $8 billion to […]

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In defense of stock buybacks

By Roger Lowenstein (originally published by Boston Globe) - STOCK BUYBACKS are suddenly controversial, with critics arguing that they are hurting the American economy, killing jobs, and manipulating stock prices and therefore must be banned. Bernie Sanders, the Vermont senator running for president, has made slamming buybacks a theme of his campaign. And William Lazonick, an economics professor […]

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McDonald’s workers march to corporate headquarters

By Stephon Johnson (originally published by The New York Amsterdam News) - Last week, 5,000 McDonald’s workers made their way to the company’s headquarters in the largest ever protest at the annual shareholder meeting. Cooks and cashiers voiced their anger over a lack of increase in wages that forces them to rely on public assistance. The […]

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McDonald’s workers call for fair play

Staff Report (originally published by Rock River Times) – Less than 24 hours after 5,000 workers marched on McDonald’s corporate headquarters, the burger giant’s cooks and cashiers returned to Oak Brook Thursday morning to bring their call for $15 and union rights directly to the company’s shareholders at their annual meeting…. [Cross-posted from Rock River Times publication […]

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McDonald’s workers deliver 1.4 million petition signatures to company’s annual shareholder meeting calling for $15, union rights

By Jack Temple (originally published by Coomon Dreams) – Less than 24 hours after 5,000 workers marched on McDonald’s corporate headquarters, the burger giant’s cooks and cashiers returned to Oak Brook Thursday morning to bring their call for $15 and union rights directly to the company’s shareholders at their annual meeting…. [Cross-posted from Common Dreams publication of May […]

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5,000 workers descend on McDonald’s shareholder meeting

By Jack Temple (originally published by Popular Resistance) - Marching behind a giant banner that read, “McDonald’s: $15 and Union Rights, Not Food Stamps,” 5,000 cooks and cashiers massed at the company’s corporate headquarters Wednesday to kick off the largest-ever protest to hit the burger giant’s annual shareholder meeting…. [Cross-posted from Popular Resistance publication of May 21, 2015 at https://www.popularresistance.org/5000-workers-descend-on-mcdonalds-shareholder-meeting/]

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Why we’re marching on McDonald’s

By Rev. William Barber and Rev. Rodney Williams (originally published by MSNBC) - In 1967, Martin Luther King Jr. said: “We must rapidly begin the shift from a ‘thing-oriented’ society to a ‘person-oriented’ society. When machines and computers, profit motives and property rights are considered more important than people, the giant triplets of racism, materialism and militarism are incapable of […]

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The wage war’s two fronts

By Peter Dreier (originally published by Capital & Main) - On Tuesday, the Los Angeles City Council voted 14-1 to adopt a citywide minimum wage of $15/hour by 2020. The next day, marching behind a giant banner that read, “McDonald’s: $15 and Union Rights, Not Food Stamps,” 5,000 cooks and cashiers show up at the company’s corporate headquarters […]

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Thousands of cooks and cashiers to wage largest-ever protest at McDonald’s shareholder meeting

By Jack Temple (originally publication by Common Dreams) – McDonald’s workers Wednesday and Thursday will wage the largest protests to ever hit the company’s shareholder meeting. Joined by other fast-food cooks and cashiers and clergy from across the country, the workers will call on McDonald’s to invest in the company and its workers, not wealthy […]

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