Business News / Business

Young tech elite dip their toes in art collecting

When San Jose, Calif., product manager David Bao first stepped into White Walls gallery, a sort of cultural cavern for contemporary urban art in the heart of San Francisco's Tenderloin neighborhood, it was as if he'd entered a wonderland.

"It was...

McDonald's profit plunges in third quarter

CHICAGO -- McDonald's profit plunged 30 percent in the third quarter, as the number of visits to its restaurants fell in all of its major markets and it continued to deal with the fallout from a supplier safety issue in Asia.

The company has ...