McDonald’s will sell its Russian restaurants to a local operator

McDonald’s is selling its Russia business to its current licensee Alexander Govor and the restaurants will operate under a new brand, ending more than three decades of presence in the country following its invasion of Ukraine. The world’s largest burger chain owns about 84% of its nearly 850 restaurants in Russia and became one of the…

https://nypost.com/2022/05/19/mcdonalds-selling-russia-restaurants-to-alexander-govor/

Mercedes-Benz’s Luxury Pitch Needs Tougher Road Testing

Consumers see the German car brand as more luxurious than investors do. Only smooth driving in stormy conditions can bridge the gap.

https://www.wsj.com/articles/mercedes-benzs-luxury-pitch-needs-tougher-road-testing-11653047146?mod=rss_markets_main

Kohl’s cuts annual forecast as it gets stung with inflation

Kohl’s Corp. cut its annual earnings and sales forecast, as the department store chain joins a string of retailers stung with soaring inflation.

https://nypost.com/2022/05/19/kohls-cuts-annual-forecast-as-it-gets-stung-with-inflation/

Micro-Leads Receives FDA IDE Approval for 60-Electrode Spinal Cord Stimulator System

The Company will launch its high-definition spinal cord stimulator study in human subjects. 60-electrode precision stimulator 60-electrode precision stimulator SOMERVILLE, Mass., May 21, 2022 (GLOBE …

https://finance.yahoo.com/news/micro-leads-receives-fda-ide-194600022.html

Kamaru Usman: Colby Covington will serve as gatekeeper for UFC contenders who want to fight me

Kamaru Usman made his dislike for Colby Covington known from the jump. That said, having beaten his foe twice, Usman (20-1 MMA, 15-0 UFC) will find Covington (17-3 MMA, 12-3 UFC) useful in vetting …

https://finance.yahoo.com/news/kamaru-usman-colby-covington-serve-144024968.html

IRS Leaders Still Wait for Answers on Leaked Bezos, Musk Tax Data

Treasury Secretary Yellen, IRS Commissioner Rettig and lawmakers say they want findings from investigations, and have so far received none.

https://www.wsj.com/articles/bezos-and-musks-tax-data-leaked-a-year-ago-and-irs-leaders-still-wait-for-answers-11653051600?mod=pls_whats_news_us_business_f

McDonald’s: Use the Sell-Off to Your Advantage

A look at why long-term investors should consider buying the stock after the sell-off …

https://finance.yahoo.com/news/mcdonalds-sell-off-advantage-202128069.html

How to Donate Cryptocurrency to Charities

As more people invest in digital currencies, they also are looking to use the asset as part of their annual giving.

https://www.wsj.com/articles/how-to-donate-to-charity-with-crypto-11652975007?mod=rss_markets_main

Inside Rihanna and A$AP Rocky’s Relationship During Their First Days With Their Baby Boy

We’ve known for years that the British royal family often rubs shoulders with the likes of Hollywood’s biggest stars at premieres, award shows, and more. But last night, it was the Cambridges …

https://finance.yahoo.com/news/inside-rihanna-ap-rockys-relationship-164800710.html

People magazine staffers outraged over ‘fat-shaming’ Rebel Wilson issue

Staffers at the magazine claim that their new boss blew off concerns that the cover story is “fat shaming” and spreads “misinformation” about weight and fertility.

https://nypost.com/2022/05/20/people-staffers-mad-over-fat-shaming-rebel-wilson-issue/