Business

Business McDonald's earnings fall; changes afoot to woo customers McDonald's earnings fall; changes afoot to woo customers
The world's largest hamburger chain reported falling earnings and sales for its fourth quarter on Friday and says it is going to take action this year to save money and bring customers back. This includes slowing down new restaurant openings in some markets.
Business UPS takes a hit during the holidays, cuts outlook UPS takes a hit during the holidays, cuts outlook
The huge cost of ensuring timely deliveries cost UPS during the holidays and the shipping company cut its outlook for the year. Its shares plunged almost 10 percent in morning trading Friday.
Business Starbucks' profits soar 82 percent on strong sales, traffic Starbucks' profits soar 82 percent on strong sales, traffic
Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers around the globe who snapped up an expanded offering of food and drinks over the holidays.
Business US home construction up 4.4 percent in December US home construction up 4.4 percent in December
Construction of new homes rebounded in December, helping to push activity for the entire year to the highest level since the peak of the housing boom nine years ago.