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McDonald's Slashes Prices . . . In China

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If McD's can cut prices 32.6% and still survive, they should have done at least part of that long ago.

By the way, why is no one having a fit at Microsoft for cutting 5000 jobs when they have billions and billions in the bank? (Hint, hint, Mr. Shinkle, a story subject?)

Muser of NM 3:47PM February 05, 2009

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The Ticker

Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.

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