McDonald’s reshapes board as director Sheila Penrose retires
|

McDonald’s reshapes board as director Sheila Penrose retires

ByNews Polite

McDonald’s is reshaping its board, including the exit of a board member recently targeted by activist investor Carl Icahn over how pigs used in the chain’s food are treated. Sheila Penrose was in charge of the sustainability and corporate responsibility committee.Awesome Leaders Sheila Penrose, who is retiring, has been a…

Fed’s future rate hikes hinge on inflation data: minutes
|

Fed’s future rate hikes hinge on inflation data: minutes

ByNews Polite

Federal Reserve officials said last month that the pace of future interest rate increases would hinge on incoming data, with some saying rates would need to stay at a “sufficiently restrictive level” for “some time” in order to control inflation, according to the minutes of the July 26-27 session. Participants…