Bloomberg Former McDonald’s Corp Chief Executive Officer (CEO) Stephen Easterbrook agreed to pay $400,000 over allegations from US regulators that he failed to disclose improper relationships with employees at the company. The Securities and Exchange Commission (SEC) said that Easterbrook didn’t fully disclose violations of company policy leading up to his termination in 2019. The terms of his departure ...

  Bloomberg UK retailers saw an uplift in sales in December as shoppers braved rail strikes and cold weather to buy Christmas gifts, but soaring inflation meant consumers had to pay more for fewer items. Retail sales rise 6.5% last month compared with a year earlier, driven by food sales which grew almost 8%, according to data from the British ...

  Bloomberg Bezel, a US online watch reseller, won financial backing from a slew of investors including former Disney President Michael Ovitz, actor and comedian Kevin Hart, recording artist John Legend and professional athletes from the NBA and NFL. Launched in 2022, Bezel is taking aim at established watch resale platforms including Chrono24, Bob’s Watches and EBay Inc, seeking a ...