USA: A New Mexico man who thought he hit the jackpot with a lottery scratch card will not be getting the $500,000 (€422,000) he believed he had won, after officials determined that matches were due to a printing malfunction.

The addition of a mobile payments service to Apple’s next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google’s Android platform.

MCDONALD’S Corp, the world’s biggest restaurant chain, said third-quarter profit gained 8.6% as lower-priced items boosted US store sales.

Starbucks Corp plans to slash nearly 7,000 more jobs during a new round of store closures and other cuts, the company said as it reported that its profit dropped by more than two thirds in its fiscal first quarter.

BURGER King Holdings, the second-biggest US hamburger chain, posted a fourth-quarter loss on payments related to its initial public offering in May.