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McDonald’s to cut prices on drinks

  Bloomberg McDonald’s Corp., reeling from an industrywide restaurant slump and slowing growth from its all-day breakfast push, is looking to beverages to help perk up the business. The world’s biggest food-service company, which last year focused its advertising on cheeseburgers and chicken sandwiches, plans to offer $1 sodas and $2 McCafe specialty drinks across the U.S. It’s turning to ...

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SpaceX aborts approach to space station

  AP A navigation error has forced SpaceX to delay its shipment to the International Space Station. SpaceX’s supply ship, the Dragon, was less than a mile from the orbiting outpost Wednesday when a problem cropped up in the GPS system. The approach was aborted, and the Dragon backed away. NASA says neither the station nor its six-person crew was ...

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South Africa’s Telkom mulls $1 billion bid for Cell C

  Bloomberg Telkom SA SOC Ltd. is considering a bid of as much as $1 billion for South African wireless operator Cell C Pty Ltd., which has missed debt payments and is trying to complete a recapitalization, according to three people familiar with matter. Investment banks are also approaching other potential bidders with the firepower to take on the deal, ...

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