McDonald’s Corp., the world’s largest restaurant chain, has begun offering pastries in some locations, part of an effort to turn around declining U.S. sales by attracting more customers in the morning.
Kite Realty Group Trust, an Indianapolis-based owner of U.S. shopping centers, agreed to acquire Inland Diversified Real Estate Trust Inc. for about $1.2 billion to expand its holdings and enter new markets.
McDonald’s Corp., the world’s largest restaurant chain, said sales at its established U.S. stores fell for the third straight month as severe weather and waning consumer confidence kept diners at home.
Illinois lawmakers return to their chambers today with the goal of bolstering the weakest state pension system. Investors are skeptical of their resolve, demanding a record yield cushion to own the state’s obligations.