MarketsFeaturedFear & Greed IndexLatestBy and , CNNLink Copied!Ad Feedback — Ousted McDonald’s CEO Steve Easterbrook lied to the board about the extent of his relationships with employees, the company alleged in a new lawsuit. He misled investigators about engaging in physical sexual relationships with three employees in the year before his ouster, according to the documents.Now, McDonald’s is suing Easterbrook for the amount of his exit package: about $40 million.The company . At the time, McDonald’s board said the executive had violated company policy and “demonstrated poor...…MarketsFeaturedFear & Greed IndexLatestBy and , CNNLink Copied!Ad Feedback — Ousted McDonald’s CEO Steve Easterbrook lied to the board about the extent of his relationships with employees, the company alleged in a new lawsuit. He misled investigators about engaging in physical sexual relationships with three employees in the year before his ouster, according to the documents.Now, McDonald’s is suing Easterbrook for the amount of his exit package: about $40 million.The company . At the time, McDonald’s board said the executive had violated company policy and “demonstrated poor...WW…

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — KFC is launching a plant-based version of its fried chicken in about 50 locations in Los Angeles, Orange County and San Diego next week.The chain has already served the faux chicken version of its product, which is made by Beyond Meat. KFC for one day last summer, and then it served the product for a limited time in Nashville and Charlotte this past winter.The current version will be available in California while supplies last. KFC plans to monitor the results of this test to determine whether to...…MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — KFC is launching a plant-based version of its fried chicken in about 50 locations in Los Angeles, Orange County and San Diego next week.The chain has already served the faux chicken version of its product, which is made by Beyond Meat. KFC for one day last summer, and then it served the product for a limited time in Nashville and Charlotte this past winter.The current version will be available in California while supplies last. KFC plans to monitor the results of this test to determine whether to...WW…

New York (CNN Business)Coca-Cola is shutting down the juice and smoothie brand Odwalla at the end of July. The company made the call "given a rapidly shifting marketplace and despite every effort to support continued production," John Hackett, president of Minute Maid business unit, which includes the company's juice brands, said in a statement emailed to CNN Business. "This decision was not made lightly," he added. Coca-Cola acquired Odwalla in 2001. It has been assessing Odwalla's business for the last several years, according to a company spokesperson, who added that the decision to...…New York (CNN Business)Coca-Cola is shutting down the juice and smoothie brand Odwalla at the end of July. The company made the call "given a rapidly shifting marketplace and despite every effort to support continued production," John Hackett, president of Minute Maid business unit, which includes the company's juice brands, said in a statement emailed to CNN Business. "This decision was not made lightly," he added. Coca-Cola acquired Odwalla in 2001. It has been assessing Odwalla's business for the last several years, according to a company spokesperson, who added that the decision to...WW…

New York (CNN Business)The slowdown at from the coronavirus pandemic has led to a new wave of panic-shopping at supermarkets. Some grocery stores are now imposing limits on meat purchases to prevent barren refrigerator displays. , this country's largest supermarket chain, said it is adding purchase limits on ground beef and fresh pork in some stores. Other large grocers say they expect to be out of stock on different types of cuts very soon.In recent weeks, top meat suppliers have announced temporary closures as their workers fall ill with coronavirus. The United Food and Commercial Workers...…New York (CNN Business)The slowdown at from the coronavirus pandemic has led to a new wave of panic-shopping at supermarkets. Some grocery stores are now imposing limits on meat purchases to prevent barren refrigerator displays. , this country's largest supermarket chain, said it is adding purchase limits on ground beef and fresh pork in some stores. Other large grocers say they expect to be out of stock on different types of cuts very soon.In recent weeks, top meat suppliers have announced temporary closures as their workers fall ill with coronavirus. The United Food and Commercial Workers...WW…