NEWS
An Urban's Rural View
Urban C. Lehner Editor Emeritus
Wed Jan 27, 2016 06:03 AM CST

Miracle of miracles: McDonald's, given up for dead a year ago, has resurrected itself.

To be sure, it never truly died. It just suffered five quarters of declining sales, fell out of favor with Wall Street and had to sack its CEO. Even at its nadir, Mickey Ds was the world's largest restaurant chain. (Subway has several thousand more restaurants than McDonald's 35,000 restaurants but its worldwide sales fall billions short of McDonald's $28-plus billion.)

The stock market being the sensationalism-addicted, story-driven creature that it is, we shouldn't be astonished that small slips in sales turned into exaggerated reports of ...

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