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.
The Oak Brook, Illinois-based company had previously said it expected the sales measure to be “relatively flat” for the year.
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.
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.
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.
The good folks at The Restaurant Choice cooked up these handsomely designed infographics to get you through your next international dining adventure.
Michael Jordan would have to light the torch after a tribute to the city’s diversity.
City officials say a memorandum of understanding to be signed in China will establish Chicago “as a gateway for Chinese investment.”
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.
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.
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.
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.
Chanting and carrying American flags, Jackson and dozens of protestors marched to Sensata to object to the purported outsourcing of jobs to China.
Romney won this debate in more ways than one – most impressively due to his dignified style.
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.
It is unprecedented for a presidential candidate to have as many conflicts when it comes to foreign business ties as Mitt Romney.
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.
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.
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.
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.