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Joe Raedle, Getty Images
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McDonald’s Suffers First Sales Drop Since 2003

The Golden Arches are sagging just a little bit, as fast-food kingpin McDonald's reported a near 2 percent decline in overall revenue for their locations that have been open for at least 13 months. Industry experts say this is the first time the burger giant has experienced a month-to-month drop in that sector since spring 2003.

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Category: Food, News Tags: ,
jburgin, Flickr
jburgin, Flickr
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JC Penney Gets Rid of Sales in Favor of Permanent Discounts — Dollars and Sense [VIDEO]

For a die-hard shopper, there’s little more frustrating than buying something at full-price, only to see it go on sale shortly thereafter.

To ward that off, retailing giant JC Penney has announced that starting Feb. 1, it’s discounting all merchandise by at least 40 percent — permanently.

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Category: Business Tags: , ,
David McNew, Getty Images
David McNew, Getty Images
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Great News for Auto Industry As Car Sales Grow for the Second Year In a Row

Just a few years ago, Detroit automakers were in peril, with car sales hitting a 30-year low. But now, in an optimistic sign of the industry’s continued recovery, sales are enjoying their second straight year of growth.

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Category: Automotive Tags:

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