Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
How America courted increasingly destructive wildfires − and what that means for protecting homes today 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
The UK is surprisingly short of water – but more reservoirs aren’t the answer 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Thousands of satellites are due to burn up in the atmosphere every year – damaging the ozone layer and changing the climate 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
McDonald's is will dispose of $100 million worth of food and other items in its inventory due to restaurants being temporarily closed.
The company temporarily closed its restaurants in Russia because the country invaded Ukraine. It also closed restaurants in Ukraine.
McDonald's is also continuing to pay its employees in Russia and Ukraine, despite shuttering operations in those countries, said CEO Chris Kempczinski during a call with analysts
The corporation spent $27 million on staffing, plus lease and supply bills.
Last quarter, the closures cost McDonald's $127 million.
Kempczinski said the corporation will provide an update on its intentions for the region by the end of the second quarter.
According to an investor document, there were 847 McDonald's restaurants in Russia at the end of last year. They amounted to 9 percent of the company's sales in 2021, together with another 108 in Ukraine.
McDonald's net income dropped 28 percent in the three months ending March 31 as a result of the closures.
