Investor Wants McD’s to Sell Real Estate

November 11, 2005

William Ackman, managing partner of Pershing Square Capital Management LP, will make a presentation next week to support his firm’s position that McDonald’s should sell real estate assets to drive up the price of the company’s stock. Pershing Square owns less than five percent of McDonald’s shares.

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Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.