Futures are up 10 , consumer stap ems flattening out. And two of chinas richest men lost billions in just a few hours. Well tell you who they are and how they did it. But we start with a very rough trip for mcdonalds. Protesters have hit the street outside of the companys Shareholder Meeting. Theyre protesting low wages. Kate rodgers has been monitoring that meeting. The protests and the stock, which as we mentioned is trading down by about 0. 8 of a percent today. Kate. Well today was ceo Steve Easterbrooks first Shareholder Meeting in oakbrook illinois where he acknowledged mcdonalds challenges and touted his turnarounds. The biggest takeaway was a clear win for shareholders. One of the measures passed was a proxy access by law. Those who have held 3 of mcdonalds stock for three years to propose director candidates on proxy materials. This was a shareholder proposal that mcdonalds did not want to pass but it passed with 61 of shares voted. This is a way to make the board more account
One low starts to lose its energy, it transfers to the one down to the south. Heres what we see for this system. We will start to see later this evening the one system, that system over the midwest, transfer its energy to the system moving into the Midatlantic States. As it makes its way up the coast, were going to see very strong east to northeasterly winds, so coastal flooding and beach erosion along the areas already hard hit by sandy. For coastal new jersey, long island, and into new england windy conditions. Back behind the system were looking at much colder air. So snowfall amounts, generally the models are in agreement, anywhere from 4 to 9 inches of snow from illinois to indiana. As you get to the east coast, very heavy snow. Up to 18 inches of snow back through the mountains of West Virginia and virginia. As we move to the american models, less snow falling in boston and up into new england. Into the West Virginia area, about a foot and a half. The european model, even less sn
eNewsChannels NEWS: Publishers Newswire (PNW), an online news publisher covering books, music and software launched in 2004, has announced its latest semi-annual "books to bookmark" list for June 2024, noting 8 new and interesting books from small publishers and self-published authors in North America published over the past year. These books are often overlooked due to not coming from major traditional large book publishing houses or celebrity authors. :: News from eNewsChannels