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McDonald’s plans fresh round of layoffs: WSJ | Business

McDonald’s Corp is planning a new round of layoffs to further shrink its corporate structure, the Wall Street Journal reported on Thursday citing an email the company sent to all its US employees, suppliers and franchisees. McDonald’s USA President Chris Kempczinski said some employees will ultimately exit the company but …

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Starbucks’ Howard Schultz steps down, fuels speculation of presidential bid | Business

Starbucks CEO Howard Schultz speaks during the company’s annual shareholders meeting in Seattle, Washington, US, March 18, 2015. REUTERS/David Ryder/Files Starbucks Corp Executive Chairman Howard Schultz is stepping down, effective June 26, the world’s biggest coffee chain said Monday, fuelling speculation that the outspoken, liberal-leaning executive will make a US …

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