McDonald’s, Starbucks, Coke, Pepsi join exodus out of Russia

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McDonald’s, Starbucks, Coke, Pepsi join exodus out of Russia
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McDonald’s, Starbucks, Coca-Cola, PepsiCo, and General Electric all announced Tuesday they were suspending their business in Russia in response to the country’s invasion of Ukraine.

DETROIT — McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric __ ubiquitous global brands and symbols of U.S. corporate might __ all announced Tuesday they were temporarily suspending their business in Russia in response to the country’s invasion of Ukraine.

“Through this dynamic situation, we will continue to make decisions that are true to our mission and values and communicate with transparency," Johnson wrote. General Electric also said in a Twitter post that it was partially suspending its operations in Russia. GE said two exceptions would be essential medical equipment and support for existing power services in Russia.

McDonald's said Tuesday it has donated more than $5 million to its employee assistance fund and to relief efforts. It has also parked a Ronald McDonald House Charities mobile medical care unit at the Polish border with Ukraine; another mobile care unit is en route to the border in Latvia, the company said. PepsiCo said it is donating food, refrigerators and $4 million to relief organizations.

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