McDonalds faces turnover as tech drive slows service
Dudley Dickerson and other workers leave amid McDonalds updates to technology delivery and curbside pickup. Turnover at U.S. fast food rose to 150 percent, with drive through times slowing and staff noting lack of raises. Executives cite training and improved work experience while customers feel the impact.
MENTIONED IN THIS ARTICLE
Dudley Dickerson
McDonald’s
Dickerson
QSR Magazine
Burger King
Wendy’s
Taco Bell
U.S
People Report
Michael Harms
Terri Hickey
Steve Easterbrook
United States
Harms
Broward County
Fla
Westley Williams
Burger Joint Checkers
Williams
Chicago
Loop
Brian Yarbrough
Edward Jones
Toys R Us misses vendor payments amid possible liquidation
Bloomberg News reports Toys R Us has halted payments to several suppliers as the U S unit nears liquidation. Vendors say responses are scarce and negotiations over pre bankruptcy debts have stopped. The company filed for bankruptcy last September facing a five billion dollar debt load and delayed court hearings. Hasbro and Mattel saw stock dips on the news.
MENTIONED IN THIS ARTICLE
Toys “R” Us
U.S
Wayne
N.J
Hasbro
Mattel
Bloomberg
CVS Aetna merger wins investor backing but awaits regulators
CVS Health and Aetna shareholders approve the $69 billion deal to combine Woonsocket based CVS with Hartford insurer Aetna. Regulators must still approve. if cleared, the merger could close in the second half of the year and reshape consumer health care with CVS keeping Aetna in Hartford since 1853.
MENTIONED IN THIS ARTICLE
Hartford
CVS Health
Aetna
Larry Merlo
CVS
Seerink
Ana Gupte
Department of Justice
Cigna
Express Scripts Holding
Cvs-Aetna
Abaca Press
Also Mentioned on This Page
TECH
Phoenix
Bloomberg News
Toys ‘R’ Us
Chain
Angeles Times
Los Angeles
Hartford Courant