McDonald's Sees Opportunity in US Growth as AI Firms Meet with White House

McDonald's reported mixed results for the second quarter, beating earnings estimates but missing on revenue. The company's U.S. same-store sales rose just 0.8% in the period, as higher average checks were offset by declining traffic.

The company named 26-year veteran Skye Anderson president of its U.S. business as it looks to accelerate domestic growth. CEO Chris Kempczinski said, 'While our playbook is working around the world, we see an opportunity to raise the bar in the U.S. and accelerate performance in our largest market.'

Representatives from artificial intelligence companies will meet with the Trump administration today about a new framework for reviewing cybersecurity capabilities of advanced models.