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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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NPR

Writer James Alan McPherson, Winner Of Pulitzer, MacArthur And Guggenheim, Dies At 72

McPherson, the first African-American to win the Pulitzer Prize for fiction, has died at 72. His work explored the intersection of white and black lives with deftness, subtlety and wry humor.
NPR

Oyster Archaeology: Ancient Trash Holds Clues To Sustainable Harvesting

Modern-day oyster populations in the Chesapeake are dwindling, but a multi-millennia archaeological survey shows that wasn't always the case. Native Americans harvested the shellfish sustainably.

WAMU 88.5

Your Turn: Ronald Reagan's Shooter, Freddie Gray Verdicts And More

Have opinions about the Democratic National Convention, or the verdicts from the Freddie Gray cases? It's your turn to talk.

NPR

Trump's Cyber Comments Rouse The Democrats

As they bolster their case that Hillary Clinton is ready to be commander in chief, Democrats are seizing on Donald Trump's comments seemingly encouraging Russia to use cyber-espionage against Clinton.

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