August 13th, 2010
Wendy’s/Arby’s Group Inc. is continuing its international expansion.
The Atlanta-based restaurant company announced a deal Tuesday between its international subsidiary and a Russia-based franchisee to open 180 dual-branded Wendy’s/Arby’s locations in Russia in the next 10 years.
“Russia is a dynamic market which offers significant long-term expansion potential,” Wendy’s/Arby’s CEO Roland Smith said in a release.
The deal […]
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July 22nd, 2010
Volkswagen AG CEO Martin Winterkorn touted his company's efforts Monday to grow to be the world's biggest car maker, including an expansion of its new car lab in the Bay Area.
"We want to take Volkswagen to the top of the industry by 2018," Volkswagen CEO Martin Winterkorn told reporters at the company's Electronics Research Laboratory […]
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Filed under: economics by Guru
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July 13th, 2010
Denver International Airport had its second-busiest May on record, with 4.37 million passengers passing through.
The passenger count is up 4.3 percent from May 2009, but down from 4.45 million passengers in May 2008.
For the first five months of this year, DIA counted 20.37 million passengers, an increase of 3.8 percent from the same period of […]
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July 2nd, 2010
The House voted Thursday to reverse a 21% cut in government fees paid to doctors who treat Medicare patients.
The vote followed Senate passage last Friday of the same legislation, which retroactively rescinds the June 1 cut for six months and adds a 2.2% increase in doctors’ rates.
The House vote passed 417-1. Rep. George Miller, […]
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June 25th, 2010
The U.S. Supreme Court lifted a ban on Monsanto Co.’s genetically engineered alfalfa ordered three years ago amid concern over contamination of conventional alfalfa fields.
The court’s 7-1 vote reverses a federal appeals court ruling. It opens the door for the Department of Agriculture to approve planting of the crop on an interim […]
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June 5th, 2010
KESZ-FM 99.9 has set up a tribute page on its website for fans to discuss and read about Bill Austin, who died Monday after battling cancer.
Austin co-hosted KEZ’s morning show with Beth McDonald from 1990 until February 2010. He retired in February at age 55.
McDonald continues to host the soft-rock station’s highly rated morning drive […]
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May 5th, 2010
Chrysler Group LLC says cost cuts, manufacturing efficiency and disciplined pricing helped the Italian-run automaker slash its net loss to $197 million in the first quarter.
The red ink was far less than the staggering $3.8 billion it lost from the time it left bankruptcy protection June 10 through the end of last […]
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April 17th, 2010
M-I SWACO has been awarded a six-year, $800 million multi-services contract by Cabinda Gulf Oil Company Ltd.
Houston-based M-I will provide drilling waste management, filtration, wellbore cleanup tools and other services for six to 10 drilling rigs off the coast of Cabinda, Angola in shallow and deep water.
M-I SWACO is jointly owned by Houston firms Smith […]
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April 13th, 2010
Fortune editor at large Peter Elkind spent almost two years working on his new book, Rough Justice: The Rise and Fall of Eliot Spitzer, due out from Portfolio April 20. An exclusive excerpt of the book will appear in the next issue of Fortune and on Fortune.com. Elkind recently interviewed Spitzer again about his […]
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April 10th, 2010
U.S. Bankruptcy Judge Charles E. Rendlen III on Wednesday issued a temporary order that freezes the personal assets of US Fidelis owners Darain and Cory Atkinson and halts most lawsuits against the brothers.
The order, sought by creditors of the Wentzville-based seller of auto service contracts, expires July 8. The company filed for bankruptcy […]
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