Legal & Regulatory
Small businesses possessed by women still failing to win federal contracts in US
The US federal contracts are somehow still not won by the women-owned small companies in this day and age. Senator Jeanne Shaheen has openly expressed her disappointment regarding this sobering fact. But she is still optimistic that the changing laws would rectify the situation and empower women with the experience to bid for larger and more competitive federal contracts in the future.
McDonald's is Facing a Lawsuit of $5 Million Over Claim That Its Mozzarella Sticks are Cheese-less
The lawsuit is cast out by more than 40 customers, led by Chris Howe. The lawsuit stated that McDonald's aired unfair advertisements with the claim that its new menu item contains 100 percent pure mozzarella cheese, while according to Howe they contain filler. The lawsuit tests support the claim, but McDonald's has refuted the claim.
Singapore's authority seizes account related with 1MDB
The Singapore's authority announced that it has seized a large number of bank accounts in a probe into alleged misappropriations related to 1MDB. Details regarding the bank accounts will be shared with investigators from Switzerland, United States and Malaysia.
Food Safety: US Meat Supplier Disputes Chinese Court Verdict Over Selling Expired Meat in China Restaurants
The supplier's subsidiary units in China was convicted for selling substandard and expired meats to restaurants including McDonald's and KFC. However, the company argued that the verdict was unjust and inconsistent with the evidence presented in court.