Posts From King World News

June 08, 2015 MONEY (MSM)

McDonald's sales top estimates after Europe outperforms U.S.

McDonald’s Corp., pursuing a comeback under new Chief Executive Officer Steve Easterbrook, reported May sales that narrowly topped analysts’ projections after growth in Europe helped make up for a lingering slump in the U.S. Global same-store sales fell 0.3 percent in the period, the Oak Brook, Illinois-based company said in a statement Monday. Europe was a bright spot for a company struggling with sluggish demand in both Asia and its

June 08, 2015 MONEY (MSM)

Must go faster than end-June for Greek deal: France's Hollande

Greece and its international lenders must speed up talks to reach a deal before an end-June deadline to avoid doubts and speculation about Greece’s future in the euro zone, French President Francois Hollande said after a G7 meeting. “There is an end-June deadline,” Hollande told a news conference, referring to the end of a bailout program for Greece and repayment deadlines to the IMF. “This is the latest possible deadline

June 08, 2015 MONEY (MSM)

Apple to build high-speed network for fast content delivery

Apple Inc. is assembling a high-speed network and upgrading how it builds data centers, a push to be more competitive with Amazon.com Inc., Google Inc. and Microsoft Corp. in cloud services, people familiar with the plans said. Up to now, Apple has relied mostly on traditional network providers and technology suppliers to support consumer services such as iTunes for music and movies, iCloud for storing photos and other content and