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McDonald’s US sales miss analyst targets as CEO cites execution

McDonald’s sales growth came in slower than expected when the company released its second quarter earnings on Tuesday, with leaders pointing to execution lapses they say hampered its push to promote value deals aimed at lower-income consumers. CEO Chris Kempczinski said that weak promotion of value deals and a pullback in the use of digital deals, such as its buy-one-add-one promos, led to a drop in visits from loyal customers – noting that accounted for…

Finance news

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McDonald’s is facing slowing sales. Its under  value menu shows why

McDonald’s tried a new value menu. Customers aren’t loving it.The fast-food giant’s comparable US sales growth slowed to 0.8% during its second quarter, a slower clip than the 2.5% it reported for the year-ago quarter. The chain also changed leadership of its US business, naming Skye Anderson as president, taking…

Business

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LinkedIn ranks top colleges for career success with Princeton No. 1

A new report by LinkedIn ranked the top 50 colleges in the U.S. based on how they prepare students for long-term success in their careers, using a range of factors that leverage the career networking platform’s data. The report uses LinkedIn data to rank colleges based on five categories: job…

Markets

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12 things a seasoned interior designer would never have in her own home

The rustic trend, which features wood paneling on interior walls, has some style benefits. However, the designer said, it’s overdone and dated.”It’s also impractical — if a piece of shiplap gets damaged, it can be difficult and expensive to fix depending on the extent of the damage,” she told BI.If…

Investing

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