,Australia

Weekly Global News Wrap Up: Chipotle identifies malware behind credit card hacks; McDonald's Canada offers books with Happy Meals; Fast food company stocks are seeing all time highs

Here is a summary of the most interesting QSR news stories of the week from around the world.

  • Huffington Post reports that McDonald's Canada is now offering Canadian books with its Happy Meals. Starting May 16, the fast food restaurant is giving the option of books for the "prize" that comes with Happy Meals — though kids can choose to still get a toy if they want. READ MORE HERE
  • Chipotle Mexican Grill announced that it has identified the malware that was responsible for the hack of its credit card payment system in April, according to The Verge. The brand released a new tool to help customers check whether the restaurant they visited was involved. READ MORE HERE
  • Most companies in the food and beverage business are doing well on Wall Street, according to CNN Money. Companies in the industry are setting new records in the stock market. READ MORE HERE
  • Fast-food chains like McDonald's and Burger King are gaining on the fast-casual restaurant industry as affordability becomes more important for consumers, according to a report by MarketWatch. READ MORE HERE
  • According to a report by the New York Daily News, the NY City Council passed a bill barring fast food chains from abruptly changing workers' schedules. Fast food restaurants will be required to give employees their work schedules two weeks in advance, and give them extra bonus pay if hours are changed after that. READ MORE HERE
  • CNBC reports that Chinese food chain Mr. Bing is offering its own take on McDonald's all-day breakfast with its jianbing, a traditional savory Chinese breakfast crepe folded up into a sandwich. READ MORE HERE

Photo credit: Chipotle Mexican Grill Facebook page

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