The Latest Breaking News from Chris Kempczinski

McDonald’s Corporation (NASDAQ:MCD) reported third-quarter financial results on Wednesday. The transcript from the company’s third-quarter earnings call has been provided below. MCD is building positive momentum. Check out the latest moves here. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for…

Restaurant giant McDonald's Corporation (NYSE:MCD) could show the importance of value meals and new product launches when the company announces third-quarter financial results on Wednesday before market open.

Restaurant pay has never been simple, and McDonald's (NYSE:MCD) CEO Chris Kempczinski says a new tax break just tilted the balance even further. 

McDonald's exits National Restaurant Association over tipped wage dispute, with CEO Chris Kempczinski calling for equal minimum wages across the industry.

“Particularly with middle- and lower-income consumers, they’re feeling under a lot of pressure right now,” Chris Kempczinski said on CNBC.

Chris Kempczinski raised concerns that restaurants paying tipped workers a lower minimum wage were getting an extra boost from the White House’s new provision.

McDonald’s is cutting prices on some combo meals to woo back customers who’ve been turned off by the rising costs of grabbing a fast food meal

Here's a look at how McDonald's prices have increased over the years, and where it sits in terms of affordability for the average American.

The chain will reduce prices for eight popular combo meals, aiming to uphold its brand image of affordability.