Golden Arches Wins & Loses:
I’m glad to see the recent McDonald’s law suit dismissed (free NYT reg. req.):
“If a person knows or should know that eating copious orders of supersized McDonald’s products is unhealthy and may result in weight gain, it is not the place of the law to protect them from their own excesses.”“Nobody is forced to eat at McDonald’s. (Except, perhaps, parents of small children who desire McDonald’s food, toy promotions or playgrounds, and demand their parents’ accompaniment.)”
In other not-so-good news for the company, they posted their first ever quarterly loss - mostly due to restructuring writeoffs, and the closing of some poorly performing outlets.
