As icing on the cake, operating
income surged 30 % for McDonald's U.S.
business, underscoring the profit potential that exists this year amid better sales and McDonald's actively slashing expenses and re-franchising restaurants.
Revenue for Alibaba
surged for the quarter from April to June by 46 percent, thanks to strong gains in the company's mobile
business, leading to net
income for shareholders almost tripling to $ 1.99 billion.