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- AIG, Ex-CEO Greenberg Reach Pact to Settle Disputes
- Bank of America CEO Search May Extend Into 2010
- Steepest Black Friday Discounts, Revealed
- 'Cancer of Fraud' Permeates Health Care System: Critics
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Judge Erases Couple's $525,000 Mortgage Payment
- For Many in US, It Will Be a Scaled-Down Holiday Season
- Where Do Pardoned Turkeys Go?
- Jobless Claims Below 500,000, Durable Orders Slip
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Freedom Comm. discloses buyer for Arizona paper
- AIG cuts salaries to 3 top executives
- Correction: Credit Suisse-Colorado story
- Global Defense Technology & Systems closes IPO
- BNP Paribas, Deutsche Bank sue Bank of America
- Business events scheduled for the coming month
- Earnings roundup: Tiffany, Deere
- Jamaica bans off-track bets on Sunday horse races
- Report: Alcohol abuse cost NM $2.5 billion in 2006
CHICAGO - McDonald's Corp., already the world's largest hamburger chain, will add 1,000 locations next year, the fast food chain said Thursday.
During a meeting with Wall Street analysts, executives said the new locations will will be concentrated in China, Australia, Russia, Germany, France and the U.S.
McDonald's already operates 32,000 restaurants in 100 countries.
Meanwhile, the restaurant chain said it planned to rehab the inside and outside of 2,300 restaurants next year, about half of which will be in Europe.
The dual efforts, along with other construction plans, will cost about $2.4 billion.
McDonald's, which is based in the Chicago suburb of Oak Brook, Ill., expects its 2009 capital expenditures to hit $2.1 billion this year as it opens nearly 900 new restaurants, according to filings with the U.S. Securities and Exchange Commission.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
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- It may be the most unusual guide to business you'll read.
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