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#173 A not so Happy Meal for McDonald’s

January 15, 2023

In 2009, Hjörtur Smárason walked into a McDonald’s restaurant in Iceland and ordered what turned out to be the last hamburger and fries ever served in the country. The global fast food giant that maintains almost 40,000 restaurants in more than 100 countries had failed and decided to leave the island state in the middle […]

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#172 Caterpillar in China

January 2, 2023

Caterpillar, a leading American manufacturer of construction and mining equipment, has been in China since the 1980s when it launched technology transfer agreements with Chinese manufacturers. Later, it opened manufacturing facilities, distribution centers, and corporate offices in more than a dozen cities around the country, employing a local workforce of about 20,000. One would think […]

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