McDonald's sued in China for not using Chinese

(Reuters) - "McDonald's offers food service in China, but it does not use Chinese, which violates the consumers' right to know," the Beijing Youth Daily quoted Shan as saying.




Shan has asked McDonald's to apologize in newspapers and give him symbolic compensation of 1 yuan , the newspaper said. The case began on Thursday.


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McDonald's sees profit above Street as sales jump

(Reuters) - CHICAGO, July 16 - McDonald's Corp. said on Monday it expects to report quarterly earnings above Wall Street estimates on its strongest quarterly sales in three years.



The world's largest restaurant chain operator said it expected to earnings of 71 cents per share before costs related to the sale of businesses in Latin America.


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US STOCKS-Wall St rallies on cheaper oil, lower bond yields

(Reuters) - NEW YORK, June 8 - U.S. stocks closed higher on
Friday after a three-day slide as bond yields retreated and oil
prices fell, easing worries about rising borrowing costs and
inflation.




A flurry of encouraging corporate news, including a strong
monthly sales report from McDonald's Corp. lent
support.


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