The fast-food chain's parent wants it to cook up revenues of $14 billion by 2021. Some analysts think that's doable.
The small Swedish company behind the popular video game brought in $235 million in revenue last year.
If you aren't addicted to it, then your kids or friends probably are. Minecraft, the Lego-like video game, is rapidly gaining fans of all ages.
The story behind the game might be even more compelling than defending your Minecraft home from creepers or zombie villagers.
In Minecraft, players use building blocks -- made of stone, wood and other materials -- to construct landscapes and buildings. Players also have to find food and fight off monsters, including exploding baddies known as creepers.
The much-mocked brand is being retired. But the company's gentle instrumentals and innocuous pop mixes will remain.
According to the New York Times. Muzak's owner Mood Media is planning to retire the much-mocked brand this week. The company acquired Muzak, which started in 1934, for $345 million two years ago.
Muzak has long tried to convince the public that it was more than just "elevator music." The company brags on its website that it has used "original artist material" from stars such as Michael Jackson since 1984.
The Muzak brand doesn't adequately describe the company's offering since music isn't the only way it gets consumers in the mood to shop. Mood Media also offers what it calls "commercial scent solutions" to entice consumers through the sense of smell.
Canada is phasing out the coin, saying it offers too little return. The US spent $120 million in 2011 to produce $50 million in pennies.
Canada is phasing out the penny, with the the Royal Canadian Mint on Monday halting distribution of pennies to banks and other financial institutions.
That means that the supply of Canadian pennies will gradually decline and eventually go the way of the dodo. But why is our northern neighbor taking the step, and should the U.S. follow in its footsteps?
Canada's reasoning is partly financially driven: Each penny costs the country 1.6 pennies to make. But Shelly Glover, Parliamentary secretary to the minister of finance, noted another couple of reasons in bidding farewell to the penny.
"They demand too much time, for too little return, of our small business owners," she said in a statement.
The company made a huge bet in China. But its reputation there suffered amid suspected links to unscrupulous chicken farmers.
Shares of the owner of Pizza Hut, KFC and Taco Bell fell nearly 4% Tuesday following Monday's disappointing earnings report. For a closer look at the earnings, click here. My colleague Jim Jubak opined on the earnings here.
Wall Street is especially worried about Yum's businesses in China, where the company owns 5,000 restaurants in 800 cities, most of them KFCs. The company's reputation for quality food at a low price has taken a hit in the world's most populous country amid media reports that its poultry suppliers did business with farmers who feed their flocks excessive levels of antibiotics. Yum gets more than half of its sales and operating profit from China.
There's been a rapid rise in the use of taxpayer money to help finance new and renovated sports venues. But do these projects make good financial sense for the communities involved?
Just how important is it for a major U.S. city to have a state-of-the-art sports stadium?
It's a question many municipalities across the country are facing as they come under pressure from sports leagues and team owners looking for help in footing the bill for renovated or new facilities.
A case in point: The owner of the NFL's Atlanta Falcons, billionaire and Home Depot (HD) co-founder Arthur Blank, has been dropping hints that the team might move to Los Angeles. And those rumors have been sparking pandemonium in the local media and among city and state officials.
Georgia Gov. Nathan Deal says it's “incumbent on us” to keep the Falcons in Atlanta.
More people are relying on public transportation in a time of high gas prices, and young adults in particular don't really want a set of wheels.
Business Insider recently looked at some very informative graphs on this topic. One from the Department of Transportation shows the number of U.S. vehicle miles driven, which had been rising steadily since the 1970s, declined at the start of the recession in 2008 and has remained flat ever since. Another graph, from the traffic information service Inrix, notes average commute times during peak hours have also been dropping steadily as gas prices rise.
Some of these trends in our driving habits may reflect a changing economy. The recession certainly prompted many cash-strapped drivers to economize and cut back on unnecessary trips.
The tax preparers are taking shots at each other in a big-money struggle for market share.
TurboTax fired the first shot earlier this tax season by suggesting that not only were tax preparers at H&R Block and other shops part-timers who aren't dedicated to their customers, but moonlighting plumbers with no background in financial planning whatsoever.
H&R Block turned around and sued Intuit, alleging the ads infringed its trademarks and falsely asserted that its tax preparers aren't real experts. Its motion to withdraw the commercials was denied, so now the battle's gone online.
The proposal, which has some bipartisan support, would punish people who knowingly buy guns for criminals.
Two Republican and two Democratic lawmakers are planning to unveil a bill Tuesday to make gun trafficking a federal crime, The Washington Post reports. The bill is coming out of the House of Representatives, and is similar to one in the Senate.
The bill would punish people who knowingly buy guns for convicted felons and others who aren't allowed to buy weapons on their own. Right now, gun sellers get "little more than a legal slap on the wrist" for buying and reselling guns to this group, writes the Post's Greg Sargent.
The proposals in the House and Senate seek to close this loophole for "straw purchasers." But will they get enough Republican support to pass?
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The company tries to tamp down criticism from activists who argue that the mascot promotes childhood obesity.
- Oklahoma senators change tune on disaster relief
- At software giant SAP, autism is an asset
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- Shotgun wedding for Saks and Neiman Marcus?
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- New Jersey bar sting turns up 'swill'
- Mike's Hard Lemonade goes after male drinkers
- Big job gains expected next year, economists say
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[BRIEFING.COM] The major averages ended modestly lower with the S&P 500 shedding 0.3%.
The benchmark average saw an opening loss of 1.2% after Japan's Nikkei tumbled 7.3%. Japanese stocks sold off amid continued volatility in Japanese Government Bond futures as the 10-yr yield spiked almost 16 basis points to 1.002 before the Bank of Japan's JPY2 trillion liquidity injection caused yields to retrace their gains.
Adding insult to injury was news out of China where the HSBC ... More
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In the never-ending contest for sales, American carmakers are pulling ahead.