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Published: December 9, 2008
The Secret Is Out
A Wal-Mart employee in Uniondale, N.Y., told The Associated Press on Monday that the store will start selling Apple's iPhone, confirming media reports over the weekend. The employee, who would not give his name, did not know when the phones would go on sale.
Apple wasn't commenting, but if Wal-Mart Stores gets the iPhone, it would be the second independent retail chain after Best Buy to sell the phone.
Economy Gives McDonald's Boost
Consumers hungry for cheap meals boosted worldwide sales at McDonald's Corp.'s established locations by 7.7 percent in November, more proof of how the fast-food leader is thriving in a downturn that has eaten into sales at its competitors.
The Oak Brook, Ill.-based chain said the increase came from strong sales of breakfast items, chicken sandwiches and the chain's value menu options. It comes even as U.S. consumers increasingly opt for eating at home to conserve cash.
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