Archive for March, 2017

McDonald’s Announces Major Change To Menu

McDonald’s (NYSE:MCD) has announced that beginning next year, its Quarter Pounder will contain fresh beef patties, making the switch after several decades of using frozen meat. The switch applies only to the Quarter Pounder and the chain’s new Signature Crafted Recipe burgers right now. McDonald’s other burgers, including the Big Mac, will still use frozen […]

Uber Suspending Self Driving Car Programs

Uber Technologies Inc. has announced that it is suspending its self-driving car program in Arizona for the foreseeable future. The ride-hailing company is also pausing its Pittsburgh operations. Uber began testing self-driving cars in Pittsburgh last year and expanded to Arizona shortly after. The announcement came after one of Uber’s autonomous vehicles was involved in […]

AIG Leader Steps Down, No Successor Named

American International Group Inc. (NYSE:AIG) CEO Peter Hancock officially announced his departure from the company this week after just two-and-a-half years at the helm. In a statement, Hancock stated that he couldn’t continue without shareholder support. Hancock said, “Without wholehearted shareholder support for my continued leadership, a protracted period of uncertainty could undermine the progress […]