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...As part of the arrangement, Mr Easterbrook agreed not to work for rivals such as Burger King and Subway for the next two years, disparage McDonald’s on social media, or give interviews about his tenure without...
...(FT) News round-up WeWork on track for profits and positive cash flow in 2021, says chairman (FT) Freshfields is gaining traction in the US. Is this time different?...
...With his wealth he bought troves of contemporary art and a castle in Germany located near a settlement called Astenbeck, after which he named his $4bn hedge fund....
...First, in April it listed shares of Chipotle on the New York Stock Exchange....
...No matter how much the Golden Arches are polished, they are not luring customers back from fast casual and gourmet burger outlets....
...The scandal has left McDonald’s across China, Hong Kong and Japan with limited menus – in some cases no more than fish burgers and fries – and the profit warning illustrates how the scandal is hitting bottom...
...McDonald’s is facing tougher competition in the US from revitalised chains such as Burger King and Wendy’s, along with an onslaught from restaurant groups that offer healthier fare such as Panera and Chipotle...
...He said that 83 per cent of the T-Mobile USA towers are in the top 100 US metropolitan markets and will fit in well with Crown Castle’s strategy of focusing on these markets....
...However, the company is facing tougher competition in the US from Burger King and Wendy’s and an increasingly strong rival abroad in Yum! Brands, which operates KFC, Pizza Hut and Taco Bell....
...Burger King has teamed up with private equity group Cartesian Capital and members of the Kurdoglu family, a Turkish franchisee of the company, to open 1,000 new stores in China over the next five to seven...
...Following the McDonald’s formula, Wendy’s is also remodelling its restaurants with modern designs and flatscreen televisions and is rolling out a breakfast menu and a new coffee blend, called Redhead Roasters...
...The ABX, an index of prices for securities backed by 2006 vintage subprime mortgages, has fallen 29 per cent since the start of the year, to trade at levels not seen since late 2009....
...The former Citigroup star energy trader who became a symbol of big Wall Street pay-outs, is raising money for a hedge fund named after a village near his German castle....
...The former Citigroup star energy trader who became a symbol of high compensation on Wall Street is raising money for a hedge fund named after a village near his 1,000-year-old German castle....
...Danielle Chiesi, an employee of New Castle, a hedge fund set up by Bear Stearns, allegedly conspired with Mr Rajaratnam on the AMD trades....
...Dunlap Jr and Associates LLC, a Georgia firm, filed its suit on behalf of a Colorado charity....
...Contact and location: Near Elephant and Castle tube, 103 Gaunt Street, London SE1. T: 020 7740 8729....
...As far back as 2002, a group including Bain Capital, Goldman Sachs and TPG bought Burger King from Diageo, the drinks conglomerate, using a loan from Diageo at a below-market 1.7 per cent interest rate....
...Shares in McDonald’s Holdings, the burger giant’s Japanese affiliate, tumbled 2.4 per cent to Y1,890 after the chain said that four stores operated by a franchisee may have used expired yoghurt and mislabelled...
...Additional reporting by Doug Cameron in Chicago and Saskia Scholtes in New York...
...Trustreet manages financial interests in 2,900 properties in 49 US states and its customers include chains such as Applebee’s, Wendy’s, Burger King, Jack-In-The-Box, Arby’s, Denny’s and Pizza Hut....
...Most of White Castle’s outlets are in the US Midwest and New Jersey....
...Its biggest customers include McDonald’s and Burger King. Other potential bidders could be waiting to pounce....
...In the IPO pipeline currently is Burger King, the fast-food chain....
...Adding to the weight of news were Alan Greenspan’s remarks about the US economy before the Senate Banking Committee and important earning news from some of corporate America’s biggest beasts....
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