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McDonald's Prepares for First-Ever Loss

The McDonald's Corp. announces it expects to post the first quarterly loss in its 47-year history. The world's largest restaurant chain appears to have saturated the market. There's been a management shakeup, and the chain is pulling the plug on underperforming locations. NPR's Lynn Neary talks with Standard and Poors' analyst Dennis Milton.

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Lynn Neary is an NPR arts correspondent covering books and publishing.