McDonald’s ‘Dollar Menu’ an ideal model for corporate success in tough times

September 30th, 2009 Dollar climbs as markets await economic dataNEW YORK — The dollar rose against the euro and the pound Monday as several corporate deals reassured investors about the economy, while markets await U.S. economic data and a key jobs report due later in the week.

July 16th, 2009 Starbucks wipes name from Seattle locationNEW YORK — Starbucks Corp. said Thursday it is wiping its name from one of its Seattle-area stores and adding alcohol to the menu.

June 26th, 2009 NEW DELHI - CEOs of Indian companies can make a dollar run longer than their Western counterparts because of the spirit of frugality with which they have been brought up, says a top India-born US-based recruiter of corporate honchos for Global 2000 companies. "The CEOs in Indian companies grow up to work with constraints and are able to optimise their operations more than their counterparts in US and UK.

June 22nd, 2009 WASHINGTON - Pakistan's ambassador to the United States, Husain Haqqani, has urged Washington to continue aiding Pakistan's fight against terrorism, as it would only be an investment in US security. "There is room for greater investment from both the private sector and non-governmental organisations.

June 8th, 2009 McDonald's May same-store sales rise 5.1 percentNEW YORK — McDonald's Corp. said Monday its same-store sales climbed 5.1 percent in May, boosted by strong international sales but weighed down by slower sales growth in the U.S.

June 5th, 2009 Biden: Tough times but hopeful signs in economyWASHINGTON — Vice President Joe Biden says the highest unemployment rate in more than 25 years underscores the tough times many Americans still face, but that the slowing rate of job losses reflects some "signs of hope" too. Biden said he will join President Barack Obama on Monday in seeking to ramp up the pace this summer of the massive economic stimulus effort that Congress approved earlier this year.

May 21st, 2009 BANGALORE - naseba, a leading business information firm specializing in organizing high profile conferences and events, announced the successful conclusion of the third annual 'CIO Strategies India Forum' that took place in Mumbai. The two-day Forum brought together over 150 prominent CIOs from leading companies across India.

May 2nd, 2009 WASHINGTON - America's dollar stores, those once-dowdy chains that lures shoppers by selling some or all of their merchandise for just $1 or rock-bottom prices, have become suddenly hot in a recession-hit economy. 'They are busily opening new stores, outfitting existing stores with refrigerators and freezers, and sprucing up their aisles with better lighting, fresh paint and new signs,' the New York Times reported.

April 27th, 2009 Cink says players should support tour's sponsorsCROMWELL, Conn. — Stewart Cink says pro golfers need to more in tough economic times to support corporations that have made a commitment to the PGA Tour.

April 22nd, 2009 McDonald's profit rises nearly 4 percentNEW YORK — McDonald's Corp. said Wednesday that its first-quarter profit climbed nearly 4 percent as more customers worldwide came to the Golden Arches for a cheap meal.

April 22nd, 2009 McDonald's 1Q profit rises nearly 4 percentNEW YORK — McDonald's Corp., which has been thriving during the economic downturn, saw its first-quarter profit climb nearly 4 percent as more customers worldwide came to the Golden Arches for a cheap meal. Sales of chicken, breakfast and beverages were particularly strong, McDonald's said.

April 22nd, 2009 Gold prices inch higher on bank fearsNEW YORK — Gold prices closed slightly higher Wednesday, as worries about banks sent investors in search of safety. Also giving gold a boost was some weakness in the dollar against the euro.

April 22nd, 2009 Wall Street points lower ahead of earnings reportsNEW YORK — Wall Street signaled the week's back-and-forth will continue Wednesday as investors look to another batch of corporate profit reports for clues about the economy. Results are due before the opening bell from AT&T Inc., Boeing Co., McDonald's Corp., Morgan Stanley and Wells Fargo & Co.

January 19th, 2009 WASHINGTON - After his oath-taking ceremony Tuesday, Barack Obama joins a Congressional luncheon with a menu drawn on historic ties to the presidency of the iconic Abraham Lincoln. But Lincoln himself enjoyed a far less grand meal after his inauguration in 1861.

January 5th, 2009 AHMEDABAD - Engineering firm Electrotherm, which manufactures the electric bike YO Byke, Tuesday launched another battery-operated two-wheeler, the Yoelectron. Addressing the media at the launch, Electrotherm chairman and managing director Mukesh Bhandari said the success of its YOSmart in the 250W category goaded the company to come out with another premium model.