U S economy Q2 rebound outpaces rest of world
The U S economy expanded 3.7 percent at an annual rate in the April June quarter, revised up from 2.3 percent and faster than other developed economies. Despite global headwinds and China slowdown, the pace signals momentum into the second half. Japan contracted as the global backdrop remained unsettled.
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Washington
U.S
Commerce Department
China
Diane Swank
Mesirow Financial
Japan
Ruling could alter McDonald's stance on workers
The National Labor Relations Board refined the joint employer standard in a ruling affecting a waste management firm and staffing agency. The decision has broad implications for the fast food sector where chains rely on franchisees, challenging McDonald’s Burger King and Taco Bell position of non responsibility for hiring in franchised sites.
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McDonald's
National Labor Relations Board
McDonald’s Corp
Burger King
Taco Bell
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