1822 ET - McDonald's said it is settling a lawsuit over a decades-old college scholarship program for Latino students. The suit, brought by the American Alliance for Equal Rights, accused the burger giant of discriminating against non-Latinos with a requirement that scholarship applicants have at least one parent of Hispanic origins. The restaurant chain disputes the assertion, but settled to allow the scholarship to go forward. Applicants will now need to demonstrate their impact and contribution to the Latino community. (heather.haddon@wsj.com; @heatherhaddon)
(END) Dow Jones Newswires
January 31, 2025 18:22 ET (23:22 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.