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.

McDonald’s says it's closing down CosMc’s, a new restaurant format it began piloting in the U.S. last year.

McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners.

Improving international sales helped McDonald’s overcome some weakness at home in the fourth quarter.

Value meals helped turn around McDonald’s U.S. sales in the third quarter.

McDonald’s global same-stores fell for the first time in nearly four years in the second quarter as inflation-weary consumers skipped eating out or chose cheaper options.

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.

McDonald’s plans to step up deals and value messaging to combat slowing sales.

After three years of exceptional sales growth, McDonald’s is returning to Earth.

McDonald’s is testing a new restaurant format with customizable drinks and treats designed to appeal to afternoon snackers — and grab sales from competitors like Starbucks and Dunkin’.

McDonald’s said Monday it’s pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers.

McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales.

McDonald’s has closed its U.S. offices through Wednesday and told its corporate staff to work remotely as it prepares to announce a round of layoffs.

Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices.

McDonald’s said Thursday it has begun the process of selling its Russian business to one of its licensees in the country.

McDonald’s says it's started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people.

McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric all announced Tuesday they were suspending their business in Russia in response to the country’s invasion of Ukraine.

McDonald’s has reported stronger-than-expected sales in the third quarter, boosted by larger orders and higher prices on the menu.

McDonald’s posted better-than-expected sales in the second quarter as dining rooms reopened and new products like the Crispy Chicken Sandwich drew customers.

McDonald’s will mandate worker training to combat harassment, discrimination and violence in its restaurants worldwide starting next year.

U.S. same-store sales jumped 5.5% in the October-December period, pumped up by new menu items like spicy Chicken McNuggets and a meal deal collaboration with Colombian singer J Balvin. For the full year, McDonald's said U.S. same-store sales __ or sales at stores open at least a year __ were up less than 1%, their sixth consecutive year of growth. But worldwide, same-store sales were down 1.3% for the quarter, reflecting store closures and limited operating hours in various markets across Europe, Latin America and Asia. For the full year, global same-store sales were down 7.7%, a bigger decline than the 7% drop Wall Street had forecast, according to analysts polled by FactSet. Earlier this week, Starbucks said its global same-store sales fell 5% in the October-December period.

Sexual harassment at the Mason location is "emblematic" of a broader problem at McDonald's, the suit states. A former employee of a McDonald's in Detroit also filed a sexual harassment charge with the US Equal Employment Opportunity Commission on Tuesday, saying that she was transferred and her hours reduced after she reported sexual harassment by a manager. Easterbrook was not accused of sexual harassment. But the company had already been under fire over accusations of sexual harassment. The Fight for $15, which advocates for workers' rights, announced in May that 25 new sexual harassment EEOC charges and lawsuits had been filed against McDonald's.

(CNN) - Steve Easterbrook is out as McDonald's CEO and president after the board determined that he violated company policy, the company said on Sunday. Easterbrook, who became CEO in 2015, "demonstrated poor judgment involving a recent consensual relationship with an employee," McDonald's said in a statement. He is replaced in both roles by Chris Kempczinski, who was most recently president of McDonald's USA, effective immediately. This is a developing story. The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company.