Weekly Global News Wrap: McDonald's adds precautionary measures for US employees; RBI gives cash advances, rebates for franchisees; Starbucks Foundation donates over US$3m to global COVID-19 relief efforts
Here is a summary of the most interesting QSR news stories of the week from around the world.
McDonald’s employees in the US are now required to answer a series of questions about their health prior to starting work, the company said in an announcement. Questions include whether workers are showing COVID-19 symptoms, if they have been diagnosed and if they have been in close contact in the past two weeks with someone who has been diagnosed. Read more here.
Restaurant Brands International, the parent company of Burger King, Tim Hortons and Popeyes, announced that it is giving cash advances and rent deferrals to franchisees in North America. All workers at company-owned restaurants across its three brands will receive a US$3 hourly bonus in April. Read more here.
The foundation arm of Starbucks has donated more than US$3 million to global COVID-19 relief efforts, as part of ongoing efforts to support communities around the world. Read more here.
Yum! Brands sold US$600 million in bonds, reopening the US market for junk-rated debt issues after its longest lull since the 2008 financial crisis. As reported by Reuters, boosted its debt offering by 20%, after planning to raise US$500 million. Read more here.
Uber Eats is adding an in-app donate button for US customers who want to donate to their favorite restaurant to help during the COVID-19 pandemic. As reported by The Verge, Uber also plans to match every contribution up to US$3 million to the Restaurant Employee Relief Fund, with an additional US$2 million donation also going to the fund. Read more here.