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McDonald's Has First Drop In Key Sales Figure Since 2003

Fast-food giant McDonald's said today that revenue at its restaurants that have been open at least 13 months fell 1.8 percent in October — the first time it has suffered a month-to-month decline in that key indicator since April 2008, according to BloombergBusinessweek.

As The Associated Press says, "the figure is a key metric because it strips out the impact of newly opened and closed locations. It's a snapshot of money spent on food at both company-owned and franchised restaurants and does not reflect corporate revenue."

Dow Jones Newswires writes that the chain is struggling "to combat slowing consumer demand amid ongoing economic uncertainty." One way McDonald's is responding is to push its "Dollar Menu" of low-cost options. I am confident that our strategies and the adjustments we are making in response to the current business headwinds will build sales momentum and drive sustained, profitable growth," copmany President and Chief Executive Don Thompson says.

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Verdine White On 45 Years With Earth, Wind & Fire

Forty-five years ago, the band “Earth, Wind and Fire” introduced audiences to a new kind of funk--one that fused soul, jazz, Latin and pop. Bassist Verdine White talks to guest host Derek McGinty about breaking racial boundaries in music and how the band is still evolving.

NPR

The Case Against The Shirley Temple (The Drink)

Author and cocktail enthusiast Wayne Curtis wrote an article called "Shirley Temples Are Destroying America's Youth." He talks about why he hates Shirley Temples — the drink, not the person.
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What's Ahead At The Democratic National Convention

The Democratic National Convention gets underway in Philadelphia, where Hillary Clinton will accept the presidential nomination.

NPR

Experimental Plane Sets Off On Final Leg Of Its Round-The-World Journey

It's the first time for a solar-powered plane to circumnavigate the globe. Now it's en route to Abu Dhabi, United Arab Emirates — and you can watch the journey in a live video from the cockpit.

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