Category: Business News

Dollar Menu Double Down: McDonald’s Pumps Up $1 Selections

Dollar Menu Double Down: McDonald’s Pumps Up $1 Selections

It was only in March that McDonald’s revamped its Dollar Menu, removing fries and drinks for a buck with the hopes of getting diners to drop more money on each visit. Now, amid struggling...

What News Corp.’s Breakup and the Demise of ‘The Daily’ Mean for the Future of Murdoch’s Media Empire

What News Corp.’s Breakup and the Demise of ‘The Daily’ Mean for the Future of Murdoch’s Media Empire

Billionaire mogul Rupert Murdoch‘s plan to split his giant media conglomerate News Corp. into two independent publicly traded companies began to take shape Monday, after the company announced a flurry of management and organizational...

Fiscal Cliff Cash Splash Continues: Cato, Dish, HCA Announce Special Dividends

Fiscal Cliff Cash Splash Continues: Cato, Dish, HCA Announce Special Dividends

    Whether or not U.S. lawmakers cut a deal to dull the economic impact of expiring tax cuts and mandated spending decreases, more and more companies appear to be operating under the assumption...

Libor Scandal Extended To UBS: Bank Reportedly Near $450M Settlement With Regulators         (Photo credit: Wikipedia) Swiss bank UBS is reportedly near a settlement with American and British regulators over interest-rate...

Delta Seeks Virgin Share as Doorway to Heathrow

Delta Seeks Virgin Share as Doorway to Heathrow

     Virgin Atlantic Airways Boeing 747-400 (G-VBIG, “Tinker Belle”) landing at London Heathrow Airport. (Photo credit: Wikipedia) Delta has approached Singapore Airlines about buying its 49% stake in the British airline Virgin Atlantic...

Chinese Stocks Tank As Economy Recovers. What Gives?

Chinese Stocks Tank As Economy Recovers. What Gives?

      This photo taken on October 17, 2012 shows Chinese characters on a pillar warning people to be cautious when playing the stock market at a securities brokerage in Shanghai. (Image credit:...

Planning for Success in a Tough Economy

Planning for Success in a Tough Economy

With the economy mired in the slowest recovery of the post-World War II era, conserving your resources while planning for growth remains an essential part of the small business playbook. Cost-cutting is always one...

Congress Looks at Doing Away With the $1 Bill

Congress Looks at Doing Away With the $1 Bill

American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what’s best for them either. Congressional auditors say doing away with dollar bills...

The $7 Cup of Starbucks: A Logical Extension of the Coffee Chain’s Long-Term Strategy

The $7 Cup of Starbucks: A Logical Extension of the Coffee Chain’s Long-Term Strategy

This week Starbucks began selling a cup of coffee for $7. This may seem ridiculous, but it’s the logical next step of the chain’s long-term marketing strategy: To convince consumers that a product that...

SAC Capital: Feds Are Probing Insider Trading Scandal

SAC Capital: Feds Are Probing Insider Trading Scandal

SAC Capital, the giant hedge fund run by billionaire Wall Street titan Steven A. Cohen, informed its clients on Wednesday that the firm is under investigation by the Securities and Exchange Commission, according to multiple reports....