Subway Takes on McDonald's in China

The founder of Subway says he hopes the number of his Subway outlets in China can match the number of McDonald's restaurants in 10 years.

McDonald's to Close Hundreds of Outlets in Japan

McDonald's is closing 430 restaurants in Japan, the latest sign of the faltering economy in the Asian country. The world's largest restaurant chain plans to take a charge of $40 million to $50 million in the first half of the year. McDonald's Holdings Co. (Japan) has 3,700 stores.

McDonald's Beats Expecations, Upbeat for 2010

McDonald's Corp. reported better than expected fourth quarter 2009 results, underscoring the continued resilience of the world's largest restaurant chain amidst the worst economic downturn since the Great Depression.

McDonald's Will Serve Up Free Wi-Fi

McDonald's (MCD) will offer free Wi-Fi at almost all of its U.S. restaurants starting early next year. Until now, the fast food chain has been...

McDonald's again defies the skeptics

McDonald's Corp. (MCD) chief executive Jim Skinner today vowed to keep prices at the world's largest restaurant chain as low as they are currently,...

McDonald's earnings: Not lovin' it

Through the course of the recession, one solid truism has been that fast food restaurants like McDonald's (MCD) should benefit from dire economic...