NEW YORK — McDonald's is mixing up its menu with healthier, fresher sounding items such as its chicken McWraps, but not enough customers are biting.

The world's biggest hamburger chain on Monday reported a second-quarter profit that rose 4 percent but fell short of Wall Street expectations. It also said July sales are expected to be relatively flat and warned of a tough year ahead, given the heightened competition and rough economic conditions around the world.

The company, which has more than 34,000 locations worldwide, says global sales edged up 1 percent at restaurants open at least a year. The figure rose by the same amount in the U.S.

SAN FRANCISCO — Netflix's revival of the comedy series “Arrested Development” didn't reel in as many subscribers to the Internet video service as Wall Street had hoped, turning a solid second-quarter earnings report into a reality check.Even though Netflix's profit more than quadrupled, the report released Monday flopped among investors because it didn't live up to the lofty expectations propelling the company's high-flying stock. The shares have nearly tripled since the beginning of the year, raising the pressure on Netflix to deliver specular numbers.That didn't' happen during the three months ending in June, despite the much-anticipated return of “Arrested Development” after a seven-year absence. Netflix's stock slid $15.11, or 5.8 percent, to $246.80 in extended trading after the numbers came out.

PAWTUCKET, R.I. — It wasn't a blockbuster quarter for Hasbro.The No. 2 toymaker said that its second-quarter net income fell 16 percent, hurt by weak sales of movie-related action figures and its spinning-top game Beyblade.Results missed expectations but shares ticked up nearly 2 percent in morning trading, as investors focused on Hasbro's upcoming “Star Wars” opportunities in 2015 and beyond and strength in its girls' properties such as My Little Pony.

GENEVA — The U.S. government has reached “an agreement in principle” to settle its lawsuit against Swiss banking giant UBS AG that seeks to recoup more than $900 million in losses from mortgage-backed securities, the bank announced Monday.In 2011, the U.S. government sued UBS and 17 other financial firms for selling some $196 billion worth of mortgage-backed securities to housing financing agencies Fannie Mae and Freddie Mac. However the securities turned toxic when the housing market collapsed.Among the major U.S. banks targeted by the lawsuits were Bank of America Corp., Citigroup, JPMorgan Chase & Co., and Goldman Sachs Group, but the action extended to other large European banks including The Royal Bank of Scotland, Barclays Bank and Credit Suisse.