China

McDonald's

McDonald’s Sales Hit By China Scandal, US Weakness

McDonald’s says a global sales figure fell 2.5 percent in July, dragged down by persistent weakness in the U.S. and a food safety scandal in China. The results reflect what is likely to be just the beginnings of the fallout from a Chinese food scandal late last month.

08/08/2014

(YOSHIKAZU TSUNO/AFP/Getty Images)

McDonald’s: 2014 Sales Forecast ‘At Risk’ In Wake Of Meat Scandal

The Oak Brook, Illinois-based company had previously said it expected the sales measure to be “relatively flat” for the year.

08/04/2014

Sheldon Lavin (R), CEO of the OSI Group, and OSI president David McDonald (L) attend a press conference over the recent expired meat scandal in Shanghai on July 28, 2014. McDonald's outlets in Beijing and Shanghai have yanked their flagship burgers off the menu, it was reported on July 28, after the key US supplier recalled products made by its Shanghai factory, which is alleged to have used expired meat.  Authorities in Shanghai just over a week ago shut a plant owned by privately-held OSI Group for mixing out-of-date meat with fresh product and later detained five officials from the OSI subsidiary which operated it, Shanghai Husi Food Co. (Photo credit: JOHANNES EISELE/AFP/Getty Images)

Meat Supplier: China Unit Fell Short Of Standards

OSI Group, based in Aurora, Illinois, will create a “quality control center” at its Shanghai Husi Food Co., and will spend 10 million yuan ($1.6 million) on a food safety education campaign. A Shanghai TV station reported last week that Husi sold expired beef and chicken to restaurants including McDonald’s and KFC.

07/28/2014

This picture taken on July 20, 2014 shows workers producing food at the Shanghai Husi Food Co., a factory of US food provider OSI Group, in Shanghai. Shanghai city officials have shut a Shanghai Husi factory of US food provider OSI Group for selling out-of-date meat to restaurant giants including McDonald's and KFC, authorities said on July 21 in China's latest food safety scandal. CHINA OUT AFP PHOTO (Photo credit should read STR/AFP/Getty Images)

Aurora Company Apologizes For Meat Scandal In China

OSI is headquartered in Aurora and has facilities throughout the city, suburbs and even into southern Wisconsin, a total of nine locations in five different towns. CBS 2’s Roseanne Tellez reports.

07/21/2014

Lija Hyssong (photo provided)

Lombard Teen Dies Suddenly On Vacation

Lija Angela Yu Yin Hyssong was abandoned in China in 1998 as an infant. Eighteen months later, she was adopted by a loving couple from west suburban Chicago. CBS 2’s Brad Edwards reports.

07/10/2014

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How To Look Like A Local When Dining Abroad

The good folks at The Restaurant Choice cooked up these handsomely designed infographics to get you through your next international dining adventure.

04/18/2014

Downtown Chicago skyline. (Saul Loeb/AFP/Getty Images)

Wisch: Imagining The Opening Ceremony To A Chicago Olympics

Michael Jordan would have to light the torch after a tribute to the city’s diversity.

CBS Chicago–02/11/2014

Mayor Rahm Emanuel discusses proposed gun control measures he's introduced to the City Council. (Credit: CBS)

Emanuel Travels To China To Promote Chicago

City officials say a memorandum of understanding to be signed in China will establish Chicago “as a gateway for Chinese investment.”

12/22/2013

(Credit: The Chinese Fine Arts Society's facebook)

Best Ways To Celebrate Lunar New Year In Chicago

Say goodbye to the dragon and get ready to celebrate the year of the snake as the Chicagoland area prepares for the Chinese new year. From tea ceremonies to parades, there’s plenty to do to start the new year. Use this list to get started in planning your own festivities.

02/08/2013

Mitt Romney (Photo by Justin Sullivan/Getty Images)

Opinion: Romney’s Desperation Showing In Final Days Of Campaign

As the campaign draws to a close it has become very apparent that Obama will return to the White House and that Harry Reid will lead a Democratic Senate.

11/02/2012

Barack Obama (Photo by Olivier Douliery-Pool/Getty Images)

Opinion: Auto Manufacturing Is Back In America. Obama Was Right, Romney Was Wrong.

Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.

10/29/2012

A shuttered Saturn dealership (Photo by Justin Sullivan/Getty Images)

Opinion: The Auto Bailout Wasn’t A Safe Financial Deal For America

Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.

10/29/2012

Rev. Jesse Jackson Sr. protests the outsourcing of jobs in Freeport, Ill. (CBS)

Rev. Jackson Arrested, Released After Protest At Freeport, Ill. Plant

Chanting and carrying American flags, Jackson and dozens of protestors marched to Sensata to object to the purported outsourcing of jobs to China.

10/24/2012

Mitt Romney and Barack Obama debate (Photo by Marc Serota/Getty Images)

Opinion: A Mad, Personal-Attacking, Interrupting Obama Loses Third Presidential Debate

Romney won this debate in more ways than one – most impressively due to his dignified style.

10/23/2012

Mitt Romney (Photo by Steve Pope/Getty Images)

Opinion: With Economics Intertwined With Foreign Affairs Romney Will Win The Final Presidential Debate

Romney’s ideas – if presented fresh and enthusiastically hopeful for America’s future – can be the final bump he needs to win this election.

10/22/2012

Mitt Romney (Photo by Mario Tama/Getty Images)

Opinion: Romney Must Answer Tough Questions On His Questionable Foreign Practices In Debate Tonight

It is unprecedented for a presidential candidate to have as many conflicts when it comes to foreign business ties as Mitt Romney.

10/22/2012

Mitt Romney (Photo credit: JEWEL SAMAD/AFP/GettyImages)

Opinion: Romney’s China Attacks On Obama Show Breathtaking Hypocrisy

Romney looks to come back from 47% don’t pay taxes remarks and attacks on China trade. But Romney has so many vulnerabilities on China it is hard to understand why he would pick this issue.

09/28/2012

Sino-Japanese Diplomacy Dispute

NU Expert: Sino-Japanese Dispute Over Islands Won’t Erupt Into War

An Asian affairs specialist from Northwestern University says economics will ensure there will be more words, but likely no bullets, flying between China and Japan as they continue arm-wrestling over five uninhabited islands.

WBBM Newsradio–09/21/2012

A closed factory in a working class neighborhood (Photo by Spencer Platt/Getty Images)

Opinion: Romney Talks Tough On China But Romney And Bain Bought Chinese Factory

Mitt Romney and Bain Capital purchased a factory in China that took on the demand from outsourcing from other US companies. So they profited by increasing profits from companies they owned by shipping jobs overseas and they profited from other companies shipping jobs overseas by doing the work that used to be done in cities and towns across America.

09/17/2012

Casino mogul Sheldon Adelson (Photo by Aaron Tam/AFP/Getty Images)

Opinion: Why Is China’s Largest Foreign Investor Spending So Much Money On Our Elections?

Sheldon Adelson, the largest foreign investor in China, has invested tens of millions of dollars in influencing the 2012 election and has vowed to spend $100 million to put his thumb on the scale for Mitt Romney in November.

07/20/2012

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