WebHeader_Grove.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Support NHPR with a year-end gift today for 2 chances to win a trip to Aruba!

McDonald's Prepares for First-Ever Loss

The McDonald's Corp. announces it expects to post the first quarterly loss in its 47-year history. The world's largest restaurant chain appears to have saturated the market. There's been a management shakeup, and the chain is pulling the plug on underperforming locations. NPR's Lynn Neary talks with Standard and Poors' analyst Dennis Milton.

Copyright 2002 NPR

Lynn Neary is an NPR arts correspondent covering books and publishing.

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.