After a string of losses, McDonald's CEO Don Thompson is leaving the company. Bloomberg's Venessa Wong offers five numbers that help explain why Thompson is out.

5 numbers explain why McDonald's needed a change

The payments fintech is currently in the process of reverse flipping from the United States (US) to India. The firm expects to complete the domicile shift sometime in 2025

The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the approval of Sapphire Media's resolution plan for acquiring Big 92.7 FM, owned by Reliance Broadcast Network Limited, dismissing a batch of appeals filed by Radio Mirchi, Orange FM, and others.The NCLAT Bench, comprising Chairperson Justice Ashok Bhushan and Technical Member Barun Mitra, concluded, "After considering the submissions, we find no grounds to interfere with the NCLT's order dated May 6, 2024, and consequently, the appeals are dismissed."Earlier, the National Company Law Tribunal (NCLT) cleared Sapphire Media's resolution plan in a ruling on May 6, 2024, with the plan being filed for approval by the resolution professional in NCLT Mumbai.The decision made by the National Company Law Tribunal (NCLT) was contested by the unsuccessful bidders, Abhijit Realtors  &  Infraventure and Creative Channel Advertising  &  Marketing, who filed a set of five appeals before the NCLAT. The appellants claimed ..

Earlier, the National Company Law Tribunal (NCLT) cleared Sapphire Media's resolution plan in a ruling on May 6, 2024, with the plan being filed for approval by the resolution professional in NCLT

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5 numbers explain why McDonald's needed a change

After a string of losses, McDonald's CEO Don Thompson is leaving the company. Bloomberg's Venessa Wong offers five numbers that help explain why Thompson is out.

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