British Airways Owner IAG to Cut 4,500 Iberia Jobs

British Airways parent International Consolidated Airlines Group SA said it will eliminate 4,500 jobs at Spanish unit Iberia -- or more than one-fifth of the total -- after third-quarter profit tumbled 25 percent.

McDonald's Misses on Same-Store Sales Growth
39:24 - Will Slabaugh, restaurant industry research analyst at Stephens, examines second-quarter results from McDonald's Corp. as same-store sales fell below expectations. He speaks with Bloomberg's Alix Steel on "Bloomberg ‹GO›." Slabaugh, his family and firm, do not own shares of McDonald's. (Source: Bloomberg)
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