McDonald's said its strongest performance last month came from the U.S., where new menu items such as the Chicken McBites and breakfast staples helped increase the revenue figure by 11.1 percent.
Plan to build $600M gambling resort back on
THOMPSON | Plans to develop a $600 million resort with gambling on the site of the grandest old Borscht Belt hotel are being revived.
The proposal to be unveiled Thursday night at a public meeting will include a large hotel, a harness track and video lottery terminals on the former site of the Concord Hotel, famed from the days when the Catskills were a prime summer destination for Jewish families.
The Monticello Raceway, with its video lottery terminals, would move from its current location several miles away to become part of the resort.
Plans for a mega-resort at the site date back several years. A Westchester County developer’s plan stalled during the recession. Now, Entertainment Properties Trust, which owns the land, is working with the race track operator.
Wells Fargo to charge $7 fee for checking
NEW YORK | Wells Fargo customers in six states who had free checking accounts will pay $7 a month starting in May.
Those customers can avoid the fee by keeping a minimum balance of $1,500 or making direct deposits of at least $500 a month. They can also get a $2 break on the fee by opting for online statements.
The bank says it started moving customers in California and other western states to the $7 fee last year and is expanding to six more states. A bank spokeswoman couldn’t immediately give the six states Thursday.
Wells Fargo says it hasn’t offered free checking to new customers since 2010.
Banks have been adding and experimenting with fees. They say they need to make up lost revenue, partly because of regulatory changes.
• From wire dispatches and staff reports