McDonald's faces a federal class-action lawsuit accusing its AI pricing tool of coordinating prices among franchisees, leading to higher menu costs. The suit claims McDonald's shares nonpublic sales data and uses it to generate price recommendations that effectively fix prices across thousands of restaurants. McDonald's denies the allegations, stating franchisees independently set prices and can choose whether to use the tool. The case highlights concerns over affordability as US menu prices rose 40% from 2019 to 2024, with the lawsuit seeking damages and restrictions on McDonald's pricing practices.
McDonald's stock trades at USD 231.15 on Pluang as of Oct 07, 2026 22:21 WIB, down 0.56% in the last day. The company holds a market cap of $164.49 billion and a dividend yield of 3.32%. Pluang users show a selling bias with 63% of orders to sell and 37% to buy, reflecting cautious sentiment amid legal challenges.
McDonald's is bringing back its popular Monopoly promotion starting October 6, allowing customers to win prizes including $1 million in cash, vehicles, vacations, and gift cards. The game pieces will be available on eligible food items and gameplay w...
McDonald's is being sued in a federal class action accusing the company of using an AI-powered system to coordinate menu prices across its franchises and company-owned restaurants. The lawsuit alleges this AI system illegally fixes prices by using pr...
The U.S. Supreme Court is considering whether a climate change lawsuit by Boulder County against Exxon and Suncor can proceed in state court, with potential nationwide impact. Meanwhile, Mattel faces activist investor pressure to explore strategic op...
McDonald's faces a proposed nationwide class action lawsuit in Chicago accusing the company of illegally coordinating menu prices across its franchises using an AI-powered pricing system. The lawsuit claims McDonald's violated US antitrust laws by co...
McDonald's stock has fallen more than 30%, a rare event seen only a few times in 40 years, mainly due to rising US 10-year Treasury yields making safer investments more attractive compared to McDonald's dividend. Despite the price drop, McDonald's fu...
