Business

Business McDonald's to shrink in U.S., 1st time in decades McDonald's to shrink in U.S., 1st time in decades
The burger chain that put "supersize" into the American vernacular is slimming down: For the first time in more than 40 years, and perhaps ever, McDonald's says the number of U.S. restaurants it has is shrinking.
Business KB Home profit slides but tops 2nd quarter forecasts KB Home profit slides but tops 2nd quarter forecasts
Shares of KB Home jumped Friday after the custom home builder reported better-than-expected results for the second-quarter, delivered more homes for a higher average selling price and said its backlog of orders spiked.
Business Gauge of US economy posts solid 0.7 percent May advance Gauge of US economy posts solid 0.7 percent May advance
An index designed to predict the future health of the economy posted a second straight strong increase in May, indicating the economy should gain strength in the second half of this year.
Business Auto industry quality improves, Japanese don't keep pace Auto industry quality improves, Japanese don't keep pace
The quality of cars and trucks made by European, Korean and U.S. companies has improved so much in recent years that Japanese automakers, long the industry standard, are having trouble keeping pace.