McDonald’s eyes record global expansion in coming years, with more focus on delivery

McDonald’s eyes record global expansion in coming years, with more focus on delivery

McDonald’s is expecting to go through a growth spurt. The Chicago-based burger giant wants to establish thousands of new locations around the globe in the next few years, aiming to have 50,000 locations operating by 2027. That’s up roughly 25 per cent from more than 40,000 McDonald’s locations in operation today. The company says its anticipated expansion would represent the … Read more

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of … Read more

‘California Forever’ utopian city CEO compared to ‘snake oil salesman’

‘California Forever’ utopian city CEO compared to ‘snake oil salesman’

The slick executive leading a Silicon Valley-backed plan to build a utopian city on California farmland reportedly compared to a “snake oil salesman” by angry local residents during a heated town hall meeting about the controversial project. Jan Sramek, the 36-year-old head of “California Forever” and its subsidiary Flannery Associates, faced skepticism and scorn from … Read more