McDonald's Sets Goal of Hiring 375,000 US Workers This Summer
McDonald's Corp. and its franchisees plan to recruit as many as 375,000 workers across the US this summer in what the burger chain says is its biggest hiring spree in years.
The Big Mac seller is gearing up to serve more customers as the weather warms up and the company expands, according to an announcement Monday. McDonald's said in 2023 that it would open 900 US locations over the following four years. The positions aren't intended to be seasonal or temporary.
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Businessweek Big Business Is Abandoning Its Climate Goals From Amazon to Wells Fargo, a look at rampant backsliding on climate pledges. By Ben Elgin Illustrations by Cameron Galley June 13, 2025 at 9:00 AM EDT
Share this article For years, many of the world's largest companies have made bold-sounding commitments to help stave off the most devastating impacts of a rapidly overheating planet. In many cases, though, boardroom rhetoric far outpaced actual investments and actions. Now a reckoning is here. With rampant backsliding on climate pledges, dozens of major companies have recently begun abandoning or weakening their targets. The consequences could be dire for a planet hurtling toward ecological disaster. Here's a snapshot. OIL & GAS Exxon Mobil March 2018 The oil giant said it would achieve the 'technical ability' to produce 10,000 barrels of algae biofuels per day by 2025. 'Someday you might be calling me an energy farmer,' declared an Exxon scientist in one of many ads touting the pledge. February 2023 The company quietly backed out of that goal after yanking funding for several algae research and development projects. 'Algae still needs some more work,' said Vijay Swarup, senior director of climate strategy and technology. BP August 2020 The company said it would cut production of fossil fuels by 40% by 2030 while transitioning rapidly to renewables. 'The world's carbon budget is finite and running out fast,' then-Chief Executive Officer Bernard Looney said. February 2025 BP scaled back the goal in 2023 before ditching it altogether this year, with new CEO Murray Auchincloss saying the company had gone 'too far, too fast.' The oil producer now plans to ramp up spending on oil and gas while investing far less in clean energy. Equinor June 2021 The Norwegian company pledged to invest more in clean energy than in fossil fuels by the decade's end, to 'create value as a leader in the energy transition,' CEO Anders Opedal said. February 2025 Equinor nixed its 2030 goal and lowered its investment plans for renewables, with Opedal citing the 'uneven pace of the energy transition.' Eneos Holdings May 2023 The large Japanese oil refiner said it would increasingly focus on lower‑carbon fuels, with a specific plan to supply up to 4 million tons of hydrogen by 2040. May 2025 Eneos backed away from its hydrogen target, with CEO Tomohide Miyata explaining the full-scale shift toward a carbon-neutral society appears to be slowing. Shell February 2021 The oil company vowed to cut the carbon intensity of the energy it sells by 45% by 2035. March 2024 Shell canceled that target, blaming 'uncertainty in the pace of change in the energy transition.' BANKING HSBC October 2020 The British financial-services company committed to eliminating heat-trapping emissions from its operations by the end of this decade. February 2025 HSBC pushed back its net-zero target to 2050, citing changes in the economy. Wells Fargo March 2021 The bank promised to eliminate emissions associated with its loans by midcentury, with CEO Charlie Scharf declaring climate change 'one of the most urgent environmental and social issues of our time.' February 2025 Wells Fargo scrapped plans to green its lending activities, stating it would instead meet clients 'where they are in their chosen energy and transition strategies.' Royal Bank of Canada February 2021 CEO Dave McKay called climate change 'one of the most pressing issues of our time' and vowed to lend C$500 billion ($365.8 billion) to sustainable projects by 2025. April 2025 The bank shelved this goal, citing changes in industry practices and government regulations. UBS April 2021 The bank pledged to zero out emissions from its operations by 2025. 'We want to set the industry standard for sustainability with clear commitments to helping people and the planet,' said then‑CEO Ralph Hamers. March 2025 UBS bumped back its target to 2035 after acquiring Credit Suisse. Transportation Delta Air Lines February 2020 The airline said it would spend $1 billion over a decade to become carbon neutral. 'There's no challenge we face that is in greater need of innovation than environmental sustainability,' said CEO Ed Bastian. March 2022 Delta briefly claimed to be carbon neutral after spending hundreds of millions of dollars on carbon offsets, but it ditched the controversial practice. It now aims to reach net zero by 2050. Air New Zealand August 2022 The airline set an ambitious climate goal equating to a 16% reduction in overall emissions by 2030. July 2024 Air New Zealand pulled back from this target, citing delays to its fleet renewal plan, but still aims to have 10% of its fuel needs covered by sustainable sources by the end of the decade. FedEx March 2021 The shipping giant vowed that half of its new delivery-truck purchases would be electric by 2025. May 2024 Citing the need for further technical advances, FedEx said it was unlikely to reach this near-term target. RETAIL Walmart September 2020 The retailer committed to cutting emissions from its operations by 35% by 2025 and 65% by 2030. December 2024 Walmart said it would likely miss these targets because of the lack of 'cost-effective low-carbon technologies,' among other challenges. Tractor Supply September 2021 The company vowed to achieve net-zero emissions by 2040, with CEO Hal Lawton declaring: 'At Tractor Supply we are a purpose-driven company.' June 2024 Tractor Supply withdrew its carbon goals along with its diversity, equity and inclusion initiatives. 'We have heard from customers that we have disappointed them,' the company said in a news release. 'We have taken this feedback to heart.' Amazon February 2019 The company unveiled 'Shipment Zero,' vowing to make half of all its deliveries carbon-free by 2030. 'It won't be easy to achieve this goal, but it's worth being focused and stubborn on this vision,' one executive wrote. May 2023 Amazon pulled the plug, promising instead to eliminate all its emissions by 2040. It 'no longer made sense' to have a separate shipping goal, according to a company statement. FOOD & BEVERAGE Coca-Cola February 2021 The beverage titan, which produces more than 137 billion plastic bottles a year, said it would cut its use of new plastic by 3 million tons by 2025 as part of its quest to help reduce global waste. December 2024 With its use of virgin plastic still growing, Coca‑Cola ditched the goal and set weaker targets for using recycled materials in its bottles. 'We know we will have more chapters in our journey and that we can't do it alone,' said sustainability executive Bea Perez. JBS March 2021 The world's biggest meatpacker vowed to eliminate or offset its massive carbon footprint by 2040. 'We must act urgently to combat the negative effects of global warming,' CEO Gilberto Tomazoni said. January 2025 With little progress to show, a JBS sustainability exec told Reuters its goal was 'never a promise.' PepsiCo January 2021 The company vowed to reach net-zero emissions by 2040 and later said it would cut its use of virgin plastic. 'It reflects a new business reality, where consumers are becoming more interested in the future of the planet,' declared CEO Ramon Laguarta. May 2025 Due to 'external realities and business growth,' the food and beverage heavyweight pushed its climate goal to 2050 and weakened its plastic pledge. More On Bloomberg
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37 minutes ago
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The new Pebble watch's mobile app will also work with some old Pebble watches
On his personal blog, Eric Migicovsky, the creator of the original Pebble smartwatch, has shared some updates and important milestones about the smartwatches his new company plans to release this year. The Core 2 Duo smartwatch is 'nearing mass production,' according to Migicovsky, and Core Devices is 'on track to ship out all pre-orders in July and August.' Customers who preordered the Core 2 Duo should receive an email later this month to confirm shipping and to pay any regional charges that apply, including duties, tariffs, and taxes. The Core 2 Time – an upgraded version of the Core 2 Duo that adds a touchscreen and sleep and step tracking capabilities – is also still on schedule for a release later this year, and the company is 'aiming to have working engineering samples within the next month.' Migicovsky also says the Core 2 Duo is ready to start beta testing and that 200 units have been manufactured and will be sent out to some early preorder customers over the next few weeks, but only those who opt in and are selected to be testers. The company is seeking volunteers to try the new hardware, software, and mobile apps. The most interesting detail about Core Devices starting its beta test program is that it's not limited to those who preordered the new watches. Migicovsky revealed that the company's new iOS and Android mobile apps are also designed to work with older smartwatches, including the Pebble Time (both the Steel and Round versions) and the Pebble 2. If you still have any of those models on hand, you're encouraged to join the beta program to put the new app through its paces. Even if you don't have any interest in testing Core Devices' new hardware or software, this is great news for fans of the original Pebble watches who have had to rely on sideloading old versions of the company's mobile app to keep them running after Fitbit ended support back in 2018.
