Food Prices Jumped to Record High in December

Global food prices rose to a record high last month, overtaking even the levels seen during the 2007-2008 food crisis.

The UN Food and Agricultural Organization said its food price index rose to 214.7 points last month, an increase of almost 4.2% fro…

11 People to Watch in Business for 2011

They may not make headlines, but the folks on this list of key corporate execs will likely have an outsize impact across all sectors of American business in 2011 — from TV and household products to fast food and social network…

McDonald’s Is Out to Shake Up the Milkshake

The ice cream drinks have been a fast-food favorite for decades. Now, McDonald’s is considering giving them a new look — serving the shakes in see-through plastic cups instead of the current white paper cup familiar to custome…

McDonald’s Plans Massive Expansion in China

McDonald’s (MCD) is planning a massive expansion in China as it seeks to take advantage of rapid economic growth and burgeoning consumer demand.

The restaurant giant will boost investment in China by 40% in 2011,The Wall Street Journal said. The comp…