Monday, February 16

SECOND TIME AS FARCE?

Losses at the Japanese unit of McDonald's tripled last year, notes SignOnSanDiego. "McDonald's Holdings Co.'s said it lost 7.12 billion yen ($67.6 million) for the year ended Dec. 31, far worse than the 2.34 billion yen loss the Tokyo-based chain chalked up in 2002." 2002... 2002... wasn't that the last time McDonald's entire operation went into a financial tailspin right after the Japan unit's troubles? Hmmmmm....

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