• McDonald's to close 900 stores amid falling profits


     In the wake of disappointing earnings, McDonald's has announced it will be closing 900 locations worldwide this year.

    The company posted a $400 million profit loss for the first three months of this year. 


    McDonald's has been struggling to keep its menu popular as food trends have changed, leading the chain with falling sales and dwindling customers. 

    New CEO Steve Easterbrook will unveila turnaround plan on May 4th, in the meantime McDonald's has announced pay increases and a new all-day breakfast menu.

    Next Up:

  • Headline Goes Here

    McDonald's to close 900 stores amid falling profits

  • Headline Goes Here

    Singer Trey Songz arrested on allegations of punching woman

  • Headline Goes Here

    Ex-employee sues celebrity chef, claiming sexual harassment

  • Headline Goes Here

    Fear mounts in Austin as serial bomber uses tripwire

  • Headline Goes Here

    Authorities: Brother of shooting suspect arrested at school