CHICAGO - McDonald's Corp. (NYSE:MCD), a $201 billion market cap giant and prominent player in the Hotels, Restaurants & Leisure industry, announced on Monday the upcoming retirement of board member John J.

Chicago-based fast food giant McDonald's announced that three locations of its spin-off, CosMc's, would be closing, while simultaneously announcing the opening of two other locations.

The smaller stores work better for the test, the company said Thursday. As a result, McDonald's will close three of its larger format CosMc's locations and open two more small Texas restaurants. The company didn't disclose the locations for either the openings or closures, although CosMc's website says a store is coming soon to Allen, Texas.

McDonald's has reportedly decided to end its partnership with NASCAR's Chicago Street Race, bringing its $2 million annual sponsorship to an end after just two years. The fast-food chain has been removed from the NASCAR Chicago website as a founding partner, making it seem that their alliance has come to a close.

With McDonald's pulling its sponsorship, NASCAR's remaining founding partners for the Chicago Street Race are Blue Cross Blue Shield of Illinois, Xfinity and ABB.

The slivered onions supplier used dirty equipment that led to cross-contamination, the FDA said, and employees failed to meet other sanitation standards, including proper hand washing.

The lawsuit claims the Chicago-based fast food giant is discriminating against non-Hispanics by not making its HACER scholarship available to everyone.

McDonald’s is ending its founding sponsorship of the NASCAR Chicago street race after two years, dropping a local connection the event had.

McDonald’s, which has its headquarters in Chicago, rolled out a series of diversity initiatives in 2021 after a spate of sexual harassment lawsuits filed by employees and a lawsuit alleging discrimination brought by a group of Black former McDonald’s ...

McDonald's has made a shocking announcement about the future of it's snack-and-drink based spin-off, CosMc's, which launched in December 2023.

A 70-year-old driver came crashing through a McDonald’s dining room, sending glass shards in the direction of a 31-year-old man inside, Illinois police said.

Under Reginald J. Miller, McDonald’s president and global diversity, equity and inclusion officer, the Chicago-based company in 2021 announced executive bonuses would be tied to meeting DEI goals. The company also started its “Allyship through ...