Business Headlines

China food scandal hits McDonald's, KFC

Posted: 07/21/2014 - An American-owned meat factory operating in China has been accused of selling out-of-date and tainted meat to clients including McDonald's and Yum Brands, which owns the KFC, Taco Bell and Pizza Hut chains.

Microsoft to slash up to 18,000 jobs

Posted: 07/17/2014 - The layoffs equal about 14 percent of the company's workforce, as it cuts the size of its recent Nokia acquisition and trims other operations.

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