January 7, 2008

the S&P 500 rose 0.3% to close at 1,416

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McDonald's adds coffee bars to rival Starbucks; Dow fell 256

CBS News

Transcript

[Music] McDonald's is taking on Starbucks installing coffee bars with Baristas at its restaurants who will serf cappuccinos lattes and mochas and lure customers away from Starbucks this is the biggest menu Edition in three decades the two companies have slowly encroached on each other's Turf as McDonald's upgraded its coffee offerings Starbucks has added drive-throughs and breakfast sandwiches well Disney is known as a place for kids but now Disney is Banning children from one of its restaurants kids under 10 are no longer welcome at Victoria and Alberts that's at Walt Disney World in the Grand Floridian Resort they want to make a better donning experience they say for adults policy is said to be a rarity in the restaurant business well stock market investors are hoping for a better day than they got on Friday a week employment report sent the dab plummeting 256 points NASDAQ plunged 98 Yahoo wants a bigger presence on your cell phone it's announcing today it's opening its mobile platform so new Yahoo applications can be accessed on mobile handsets it's unveiling a new homepage for cell phones with more content and making it easier to surf the web on mobile phones and GM is trying to revolutionize travel with a car that drives itself it's unveiling details of a driverless vehicle at the consumer electronic show tomorrow in Vegas the first use would likely be on highways where drivers could have the option to go driverless but then take the wheel on local streets GM plans to have the cars on the road by by 2018 that is your money watch cbsnews.com has all the day's business action I'm Susan mcginness I'm Susan mcginness CBS 2 News New York