McDonald’s ends Olympics sponsorship deal after 41 years
McDonald’s deal would have run through the Tokyo Olympics in 2020, and bowing out will likely to save it hundreds of million of dollars if it had continued into the next four-year Olympics cycle and beyond. McDonald’s has been trying to hold down costs as it invests in improving food quality, restaurant service and online […]
Tokyo Olympics cost twice the initial estimate: why?
Taxpayers beware: The cost of hosting an Olympics is likely to be far more than advertised. The price tag on the 2020 Tokyo Olympics has ballooned to nearly twice the initial estimate, even after a major cost-cutting effort. A major reason is that cities exclude large amounts of associated costs when they submit a bid […]