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McDonald's replaces head of US operations
NEW YORK (AP) -- McDonald's Corp. is replacing the head of its U.S. operations after the world's biggest hamburger chain reported its first monthly sales decline in nearly a decade.
The company, based in Oak Brook, Ill., says its global chief restaurant officer, Jeff Stratton, will succeed Jan Fields as president of McDonald's USA effective Dec. 1.
Fields, 57, is leaving after more than 35 years with the company. She was behind many major menu innovations, including the expansion of the specialty drinks menu.
After years of outperforming its rivals, McDonald's has struggled recently amid intensifying competition at home and a persistently weak economy abroad. In October, the company reported its first monthly sales decline since 2003.
McDonald's has more than 34,000 locations around the world, with about 14,000 in the U.S.
Posted: Saturday, November 17 2012, 01:07 PM CST
IN OKLAHOMA NEWS
Oklahoma's multicounty grand jury to convene
May 20, 2013 07:59 GMT
OKLAHOMA CITY (AP) -- Oklahoma's multicounty grand jury is preparing to convene to hear presentations on potential criminal prosecutions.
The panel is to meet Tuesday through Thursday at the Oklahoma Attorney General's Office.
Officials don't publicly release which cases are going before the grand jury. The panel can investigate criminal matters in all 77 counties.
The grand jury meets monthly.
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From the FOX 25 First Forecast Center..Tornado Watch currently in effect for central and eastern Oklahoma until 11pm tonight. Temps will drop to the mid to upper 60s for the metro. ...
Asian stocks rise on signs of steady US recovery
BANGKOK (AP) -- Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher today.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: FINANCIAL TIMES SITS HACKED
LONDON (AP) -- Another attack on a media site -- and again, one that is being claimed by the Syrian Electronic Army.
BRAS A FIRE HAZARD?
MILWAUKEE (AP) -- We haven't heard this much about the threat of bra burning since the days of the women's liberation movement.