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Options no guarantee of success
Tribune staff reporterIn a recent speech to corporate directors in Chicago, former Federal Reserve Chairman Paul Volcker asked: "How did we get compensation to the truly grotesque levels to which I think it has risen?" He answered: "What was going on was our good friend,...Tags: Entertainment, Federal Reserve, Employees, Naperville, HSBC Holdings plc
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Delayed fast-food order fodder for comptroller
Sun StaffPerturbed by his difficulty ordering food at a local McDonald's restaurant, Comptroller William Donald Schaefer unleashed a tirade against Maryland residents who don't speak English yesterday - prompting criticism that his comments showed a lack of...Tags: Martin O'Malley, Montgomery County (Virginia), Immigration, Restaurant and Catering Industry, Education
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System lifts, shields CEO pay
Tribune staff reporterWith an accounting overhaul on the way, shareholder activists are beginning to renew the bitter battle over CEO compensation. But they still face daunting obstacles. Audit and accounting issues were the focus of most reform efforts that followed Enron...Tags: Stock Activities, Federal Reserve, Stock Market, Education, Crime, Law and Justice
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Will they buy it?
Tribune staff reporterThe health-minded lauded McDonald's Corp.'s decision to phase out supersize drinks and french fries, while the Oak Brook-based fast-food giant heralded cost benefits from simplifying operations. But with the seemingly abrupt shift in strategy announced...Tags: Chicago Restaurants, Prices, Coca-Cola Co., Restaurant and Catering Industry, Dining and Drinking
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McDonald's will try new recipe for its burgers
Tribune staff and wire reportsAfter giving its executive suite a makeover, McDonald's Corp. plans to tinker with its top-selling hamburgers in a bid to improve food taste and jump-start sluggish sales. In a memo sent to McDonald's franchisees, the company said its beef patties will...Tags: NYSE Euronext, Inc., Stock Market, Hamburgers, Burger King, Dining and Drinking
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McDonald's profit recipe proves elusive
Tribune staff reportersIn the late 1980s when McDonald's Corp. made its first major food-preparation change, Jim Cantalupo, then head of McDonald's international operations, refused to make the same changes overseas. The reason? Cantalupo was afraid it would affect the service...Tags: Corporate Officers, Hamburgers, Lehman Brothers Holdings Inc., Burger King, Companies and Corporations
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'Grill man' in kitchen at McDonald's
![McDonald's first "grill man" is back in the kitchen.](http://www.chicagotribune.com/media/thumbnails/story/2003-04/7351790.jpg "McDonald's first "grill man\" is back in the kitchen.")
McDonald's first "grill man" is back in the kitchen.
The company has tapped Fred Turner, 70, who wrote McDonald's Corp.'s original operating manual in 1958, to help improve the taste of its food.
"You might call me an old timer," said Chief Executive...Tags: Lifestyle and Leisure, Hamburgers, Foods and Beverages, Ray Kroc, Companies and Corporations
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McDonald's chief to end rocky tenure years early
The top executive of McDonald's Corp. will step down early after failing to win back customers who have been deserting what was the quintessential American success story. Chairman and Chief Executive Jack Greenberg said Thursday that he will retire at...Tags: Board of Directors, Hamburgers, Ray Kroc, Dining and Drinking, Restaurant and Catering Industry
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McDonald's smaller chains on block
Tribune staff reporterMcDonald's Corp. quietly has begun seeking buyers for its Chipotle Mexican Grill, Boston Market and Donatos Pizzeria chains, the most dramatic sign yet that the company's new chief is focusing on fixing its burger business. A McDonald's spokeswoman...Tags: Hamburgers, Companies and Corporations, Dining and Drinking, Restaurant and Catering Industry, Chipotle Mexican Grill
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McDonald's plans shake-up; `several hundred' jobs at risk
Tribune staff reporterMcDonald's Corp. is planning a fresh round of restructuring at its troubled U.S. operations, with the loss of "several hundred" administrative jobs and the shelving of a $300 million plan to revamp older restaurants, according to company insiders....Tags: Chicago Restaurants, Companies and Corporations, Layoffs and Downsizing, Dining and Drinking, Restaurants
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January leaves McDonald's sales out in the cold
Tribune staff reporterUpdate: McDonald's Corp. shares slumped to their lowest level since 1994 after the burger giant reported unexpectedly poor sales. The stock fell as low as $13.41 before closing at $13.57, down 1.9 percent for the day. McDonald's Corp. may have ushered in...Tags: NYSE Euronext, Inc., Stock Market, Hamburgers, Burger King, Restaurant and Catering Industry
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Loss of McDonald's contract puts small printer in danger
Tribune staff reporterFor more than 30 years, Chicago's Robert Bruce Co. has been the sole supplier of stationery supplies and business cards for the giant McDonald's Corp. and many of its franchisees. Its business relationship was based for much of that time upon a handshake...Tags: Small Businesses, Chicago, Ray Kroc, Education, University of Chicago
May 4, 2003
|Story| Chicago Tribune
May 6, 2004
|Story| Baltimore Sun
Sep 15, 2002
|Story| Chicago Tribune
Mar 4, 2004
|Story| Chicago Tribune
Dec 24, 2002
|Story| Chicago Tribune
Dec 8, 2002
|Story| Chicago Tribune
Apr 10, 2003
|Story| Chicago Tribune
Dec 6, 2002
|Story| Chicago Tribune
Mar 27, 2003
|Story| Chicago Tribune
Mar 26, 2003
|Story| Chicago Tribune
Feb 13, 2003
|Story| Chicago Tribune
Apr 9, 2003
|Story| Chicago Tribune
Original site for McDonald's topic gallery.