Chicago Crime Worries Mcdonald's Executive BY HEATHER HADDON Mayor Lori Lightfoot had no immediate comment. Mcdonald's Corp. Chief Ex- Mr. Kempczinski said ecutive Officer Chris Kempcz- Mcdonald's intends to stay in inski said the burger giant is Chicago, and the company an- grappling with violent crime, nounced Wednesday that it homelessness and drug over- will create a new innovation doses in its Chicago restau- center next to its city head- rants, and called on city and quarters. Ms. Lightfoot praised business leaders to find ways the move, saying it will help to address the problems. draw more visitors to the city. Crime is having a corrosive Mcdonald's estimated that effect on Chicago, where it had a total economic impact Mcdonald's is working to of roughly $2 billion on the bring corporate employees economy of Cook County in back to its headquarters after the 12 months ended June 30. the Covid-19 pandemic, Mr. Other U.S. restaurants and Kempczinski said during a retailers have described vio- keynote speech Wednesday at lent crime in their stores as a the Economic Club of Chicago. growing problem in the wake The company is trying to con- of the pandemic. Starbucks vince employees that it is safe Corp. in July said it would to return downtown and ride close 16 U.S. cafes after work- public transportation again, he ers reported incidents related said. to drug use and other disrup "Everywhere I go, I'm con- tions in cafes, and the com- fronted by the same question. pany said it would consider What's going on in Chicago?" further closures in response to Mr. Kempczinski said. "There employee concerns. is a general sense out there Boeing Co. said in May that that our city is in crisis." it is moving its headquarters A spokesman for Chicago from Chicago to Washington.SOURCE :The Wall Street Journal 15 Se t 2022 Please read the above article and write about 8 to 10 lines of what you have read above and how does it relate to what we have learnt recently in Business