McDonald’s Turnaround Effort Stumbles as All-Day Breakfast Seems to Lose Popularity

McDonald’s Turnaround Effort Stumbles as All-Day Breakfast Seems to Lose Popular

Popularity of McDonald's all-day breakfast menu seems to be losing its shine as customer enthusiasm dries down. The same goes for McDonalds McPick 2 promotions and that's certainly not good for business.

In the latest quarter, sales at the fast-food restaurant chain, which saw some rolling gains after its October all-day breakfast launch, significantly slowed down.

Apple Inc’s Revenue Drops for the Second Consecutive Quarer on iPhone Slump

Apple Inc’s Revenue Drops for the Second Consecutive Quarer on iPhone Slump

Tuesday, in its quarterly earnings report, Apple Inc. said profit dropped twenty seven percent in the fiscal third quarter which ended on June 25.

The company is still struggling with the drop in iPhone sales which is the first prolonged slump of its kinds since 2007, when iPhone was introduced.

Two killed in gunfire at nightclub in Fort Myers in Florida

Two killed in gunfire at nightclub in Fort Myers in Florida

Police officials in the state of Florida have said that two people have died in a gunfire at a night club in Fort Myers in the state.

Federal judge to consider Volkswagen’s $15 billion settlement

Federal judge to consider Volkswagen’s $15 billion settlement

A federal judge is scheduled to consider a $15 billion settlement offered by Volkswagen over its diesel emissions cheating scandal.U.S. District Court Judge Charles Breyer will consider the settlement case on Tuesday.

Demand for Treasury’s Auction Weak as Traders Expect an Interest Hike this Year

Demand for Treasury’s Auction Weak as Traders Expect an Interest Hike this Year

The U.S Treasury's auction of two-year notes failed to generate expected steam as demand remained the lowest since 2008. It resulted mostly because bond traders bet that this week, Federal Reserve policy makers will admit there are signs of economic strength which has a direct relation to the Federal Reserve's consideration of an increase in the interest rate this year.

Solar Impulse 2 Completes Its Historic Journey Round the World and Lands in Abu Dhabi

Solar Impulse 2 Completes Its Historic Journey Round the World and Lands in Abu

Solar Impulse 2, the flight running on only Sun's energy completed its journey round the world.
 
On Tuesday, the Solar Impulse created history as touched Abu Dhabi, its starting point for the round the world trip in March 2015. It undertook a journey of 25,000 miles (40,000-kilometer) for more than one year with sixteen stops.

Telecom Giant Verizon Buys Yahoo and Plans to Merge it with AOL Unit

Telecom Giant Verizon Buys Yahoo and Plans to Merge it with AOL Unit

Yahoo, once the darling of Silicon Valley and one of the most prominent names on the Internet, was founded in 1994. It remained a dominant player for years but gradually lost its shine with competition coming in from Google, Facebook Inc and others.

Debbie Wasserman Schultz steps down as head of DNC

Debbie Wasserman Schultz steps down as head of DNC

Debbie Wasserman Schultz has announced her decision to resign from the post of chairwoman of the Democratic National Committee.

Wild fire continues to spread in Santa Clarita area

Wild fire continues to spread in Santa Clarita area

Firefights have said that a wild fire has continued to spread in the Santa Clarita area in the Angeles National Forest and threaten nearby areas.

Chinese Currency Faces Increasing Pressure

Chinese Currency Faces Increasing Pressure

The Chinese government is putting in efforts to stabilize the currency markets. The central bank of the country adding verbal support to the exchange rate following a drop in the currency's value in the past week against the green back to point that was lower than a key level.

Latest News

McDonald’s Turnaround Effort Stumbles as All-Day Breakfast Seems to Lose Popular
Apple Inc’s Revenue Drops for the Second Consecutive Quarer on iPhone Slump
Two killed in gunfire at nightclub in Fort Myers in Florida
Federal judge to consider Volkswagen’s $15 billion settlement
Demand for Treasury’s Auction Weak as Traders Expect an Interest Hike this Year
Solar Impulse 2 Completes Its Historic Journey Round the World and Lands in Abu
Telecom Giant Verizon Buys Yahoo and Plans to Merge it with AOL Unit
Wild fire continues to spread in Santa Clarita area
Debbie Wasserman Schultz steps down as head of DNC
Chinese Currency Faces Increasing Pressure
Crude Futures Remain Close to Two Month Low as Over Supply Concerns Intensify
Reportedly Verizon is Expected to Acquire Yahoo for $4.8 Billion
Syndicate content