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McDonald’s Corp. will raise prices in the U.S. this year to combat rising commodity costs, the company said in its fourth-quarter earnings call Monday morning.
The Oak Brook-based burger chain estimates that ingredient costs will rise 2 percent to 2.5 percent, with some of those costs passed on to consumers. Get the full story »
McDonald's McRib sandwich. (McDonald's)
The elusiveness of McDonald’s McRib sandwich’s has created a fan base of people who go to considerable lengths to munch on one of the boneless pork patties. Ryan Dixon of Burbank, Calif., once drove 10 hours to Medford, Ore., after hearing a McDonald’s there was selling the sandwich.
McRibs, launched in 1981 are almost never available at all McDonald’s restaurants at the same time. Instead, the Oak Brook,, company offers them in different cities at different times, rarely for longer than a few weeks. Get the full story »
