Communications. Since McDonald's rolled it out in 1971, the Egg McMuffin has kicked off innumerable road trips and work days as a complete handheld breakfast: egg, cheese and Canadian bacon loaded on an English muffin. Not only will it give away all those sandwiches for the next year in two states, it's also burning up Twitter , where it has invited its fans to roast Mcdonald's and other competitors using the #WendysBreakfastBattle.
President Donald Trump said it was "about time" the Federal Reserve acted like a "leader" and lowered interest rates, whether such a move was related to the coronavirus-driven stock market plunge or not. St. Louis Fed President James Bullard discussing the effect of the new coronavirus on the global and USA economies during a presentation in Fort Smith, Ark., on February 28, 2020.
The UN security council has made a decision to lift some economic sanctions on North Korea to help it fend off the virus , which it still says it has no cases of. During a weekly presser, Trump announced that 22 cases of coronavirus have been reported in the United States, adding that Washington is prepared to deal with the situation.
Chapek will report to the executive chairman, Iger, and the board of directors. Disney's stock traded around $119.74 at time of publication. Chapek has been with the company for 27 years, and oversaw massive projects like the launch of Shanghai Disney Resort and various Marvel- and Star Wars-themed park attractions, as well as the expansion of the Disney Cruise Line.
Powell said that the central bank would "act as appropriate" to support the United States economy in the face of risks posed by the coronavirus epidemic, but added that the economy remained in solid condition. Markets expect at least one rate cut at the March meeting. On Thursday, economists at Bank of America Corp. said they anticipate global growth will be the weakest this year since 2009.