How the Israel-Hamas war took a bite out of McDonald’s


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McDonald’s is facing a business slowdown in West Asia – and it is blaming the Israel-Hamas war. The fast food giant has witnessed a slump in sales in the region over the war in Gaza. Meanwhile, back home in the United States, fewer people are visiting stores. “I think we are moving into a 2024 that’s going to look more like what you would have considered a typical year prior to COVID and all the things that have gone on,” McDonald’s president and CEO Chris Kempczinski said during an investor call on Monday. But what happened? How has the Israel-Hamas...