New China fast-food scandal, Transformers and Marvel rescue Hasbro, Tesco’s CEO ousted

THE FORTUNE DAILY Monday, July 21, 2014

McDonald's, Yum Brands hit by new food safety scare in China Suppliers probed for allegedly selling expired beef and chicken, echoing a similar food scandal in 2012.

Bonds: Not as safe as you think Fortune's Stephen Gandel explains why moving funds into the bond market may be riskier than you think.

Transformers, Marvel to the rescue for Hasbro Higher sales of the two categories help toy maker's quarterly results.

Tesco CEO ousted after new profit warning Philip Clarke to get $1.9 million pay-off despite presiding over 25% fall in share price over three years.

Google has another fast growing business (Hint: It's not search) Selling apps, television shows, e-books, music and games through Google Play is becoming a big business for the tech giant.

By Philip Elmer-DeWitt How many Macs did Apple sell last quarter? It looks like growth in Mac shipments last quarter outpaced PC shipments for the 32nd time in 33 quarters.

By Stephen Gandel Time Warner-Fox: Bigger may not be better Time Warner's success in recent years offers the best argument that slimming down your company has its advantages in the media industry.

By Chris Matthews Why the housing recovery is over, in four charts If you're waiting to sell your house because you think prices will continue to rise, don't.

Allergan says it will cut 13% of its global workforce

Six Flags blames weather for admissions decline

Russian legislators want to cut off international technology companies

Netflix, golf and the iPhone 6 — five things to know about today

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