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McDonald's Stocks Tumbled Today, Topping Off a Sad Summer

McDonald's Stocks Tumbled Today, Topping Off a Sad Summer

A roundup of various summer shenanigans at the golden arches

It has not been a good summer for McDonald’s.

In July, an off-duty manager punched a patron in the face for bringing in a service dog. This week, toxic fumes were found in a Georgia Mickey D’s, resulting in nine hospitalizations and one death. A Minnesota employee was reportedly skimming credit cards while working the drive-thru.

And today, McDonald's announced their August worldwide revenue growth of 3.5 percent, almost 1.5 percent lower than expected. Accordingly, the fast food giant’s stock tumbled this morning and is steadily decreasing, down 5 percent this afternoon.

Still, the corporation is working on rebranding itself abroad, spending up to $1 billion to revamp 1,400 Canadian branches. This supposedly means fireplaces, plasma TVs, and leather armchairs, making us Americans a little green with envy. Canadians get fireplaces, Japan gets taco meat and tortilla chip burgers, and all we get are the occasional McRib sandwiches and stock market scares?

The Daily Byte is a regular column dedicated to covering interesting food news and trends across the country. Click here for previous columns.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Wall Street rebounds as US jobless claims fall to pandemic low – as it happened

Retailers, financial firms, industrial stocks and big tech firms all strengthened. Traders took a more positive view of the economic recovery, with jobless claims falling to their lowest since March as firms reacted to stronger demand.

But energy companies lagged, as oil was caught up in a wider dip in commodity prices (after a record run).

MarketWatch (@MarketWatch)

Stocks bounced back Thursday to end sharply higher, taking back a chunk of the losses suffered in the previous session. The Dow Jones Industrial Average rose around 433 points, or 1.3% to close near 34,021, according to preliminary figures. https://t.co/DjuYPJ31F4 pic.twitter.com/aPfATAEX1K

May 13, 2021
CNBC (@CNBC)

U.S. stocks climbed on Thursday, rebounding from steep losses in the previous session as investors picked up shares after the pullback. Here's how the major averages performed: https://t.co/RMI8sczixu
- The Dow rose 433 points
- The S&P 500 climbed 1.2%
- The Nasdaq rose .83% pic.twitter.com/TMItmN9W4x

May 13, 2021
Power Lunch (@PowerLunch)

More and more companies are warning in their earnings calls of rising commodity prices and the possibility of higher costs for consumers. So is this inflation we're seeing truly transitory, and who will bear the brunt of rising commodity prices: companies, or consumers? pic.twitter.com/agAJeZ57Rf

May 13, 2021

Bitcoin has tumbled back below the $50,000 mark this afternoon, as Elon Musk’s u-turn on the crypto currency continues to reverberate.

Bitcoin is currently trading around $49,000, meaning it’s lost roughly 10% of its value since last night, when Musk announced Tesla was suspending plans to accept payments, due to the environmental cost of mining.

This isn’t an new problem -- experts have been warning for months that bitcoin’s energy bill was exceeding whole countries. But Musk, whose interest in bitcoin helped push it to record highs over $64,000 recently, seems to have had a change of heart.


Watch the video: MCDONALDS MUKBANG. SUMMER CHATS (January 2022).