Oak Brook News
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The Angus burger is going away, and it may not be the only McDonald’s dish on the chopping block.
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McDonald’s Corp., the world’s largest restaurant chain, said it plans to hire 75,000 new employees in China this year as the company accelerates store expansion in the world’s most populous country.
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Can Colonel Sanders win back Chinese diners?
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Yum! Brands Inc., owner of the KFC and Pizza Hut dining chains, said sales at stores open at least 12 months fell 29 percent in China in April as customers remained concerned about the safety of its chicken and the spread of bird flu hurt demand.
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McDonald’s Corp., the world’s biggest restaurant chain, said sales at stores open at least 13 months fell 0.6 percent last month as growth slowed in its Asia-Pacific region.
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In the 1993 film “Falling Down,” Michael Douglas enters a fast-food restaurant and orders breakfast. The worker behind the counter informs Douglas he’s a few minutes too late, and Douglas becomes unhinged.
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Former fashion jewelry saleswoman Rebecca Gonzales and former Chief Executive Officer Ron Johnson have one thing in common: J.C. Penney Co. no longer employs either.
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McDonald’s Corp., the world’s largest restaurant chain by sales, plans to raise $500 million with a sale of 30-year bonds.
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Inland American Real Estate Trust Inc. sold the 57-story IDS Center, the tallest building in Minnesota, for $253 million to a joint venture of Beacon Investment Properties LLC and two Israeli companies.
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Slowing inflation is giving central bankers scope to provide the world economy with more liquidity and lower interest rates for longer, all in the name of price stability.
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