The Royalty Fee
AdminFranchisees run about 95% of McDonald’s roughly 13,400 U.S. restaurants. They pay rent, monthly royalty fees and other charges, such as annual fees toward the company’s mobile app, in order…
McDonald Franchises will soon
McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees. The fast-food giant is raising those fees from 4% to 5%, starting Jan. 1. It’s the…
Stepping Away from the Boards
Murdoch is stepping away from the boards after a tumultuous year at Fox’s TV network, soon after the company agreed to pay a $787.5 million settlement in the Dominion Voting…
Rupert Murdoch
Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp. , the companies said Thursday. The move will be official in November. Murdoch,…
New Jersey
Property taxes can vary by nearly $8,000 for the same-priced home, depending on where you live in the U.S., a new study reveals. New Jersey’s effective tax rate is 2.23%,…
Death of Young Kurdish
Roughly one year ago, the death of a young Kurdish Iranian woman named Mahsa Amini in police custody lit the fuse that would set off months of protests that rocked…
Ashton Kutcher
Ashton Kutcher has resigned from the charity he set up to tackle child sexual abuse, following outrage over a letter of support to a judge after Danny Masterson's rape conviction.…
Diamonds and diplomacy
In 2012, when Richard Olson reported to Islamabad to begin his posting as US ambassador to Pakistan, the veteran diplomat was faced with an icy welcome from his host country,…
UAW strike
US President Joe Biden has sided with workers who have gone on strike in a pay dispute with three of America's biggest car-makers. Nearly 13,000 staff walked off the job…
College Affordability
College affordability is an ongoing problem. Tuition and fees have more than doubled in 20 years, reaching $10,940 at four-year, in-state public colleges, on average, in the 2022-23 academic year.…