The fast-food chain's parent wants it to cook up revenues of $14 billion by 2021. Some analysts think that's doable.
A court says companies can terminate employees for legal medical or recreational marijuana use because it remains illegal under federal law.
The Colorado Court of Appeals just harshed everyone's buzz on Friday, when it ruled 2-1 that there's no employment protection for medical marijuana users in the state because the federal government still considers the drug illegal. That's bad news for Brandon Coats of Englewood, Colo., a former Dish Network (DISH) phone operator who opened the case by suing for wrongful termination after failing a company drug test in 2010.
The fast-food chain no longer compares its top-level salaries to those at Costco -- possibly because the discount retailer's CEO isn’t paid as generously.
Call it McDonald's (MCD) secret sauce for executive pay, if you will. It's the list of peers the fast-food chain compares itself with when setting executive pay.
The list provides a glimpse into the black box of executive compensation, which has come under fire from shareholders and Americans for growing ever more distant from that of the common worker.
McDonald's noted in its proxy that it considers nearly two dozen major American companies as its peer group when it comes to setting executive pay, ranging from Walt Disney (DIS) to FedEx (FDX). Not all of those companies directly compete with McDonald's, but the burger giant said it competes with them "for talent."
Yet hidden in the regulatory filing was an eye-opening nugget. The compensation committee last year banished Costco (COST) from its peer group.
Lawmakers from both parties agree to more funding for the FAA to relieve sequester-prompted furloughs of air traffic controllers.
It's been a rough week for air travelers in the U.S., as the automatic federal spending cuts required by the sequester kicked in. Furloughs were triggered for about 15,000 Federal Aviation Administration air traffic controllers as part of the FAA's $600 million, across-the-board budget cuts.
The resulting flight delays at major cities like Los Angeles, Chicago and New York were expected, but they came with a vengeance. According to FAA data quoted by CNN more than 3,000 flights have experienced significant delays since last Sunday, thanks to reduced staffing of air traffic controllers.
But late Thursday night, just as Congress was planning its Friday getaway from Washington for a week-long recess, the Senate unanimously passed a plan to ease those FAA spending cuts. The U.S. House of Representatives passed it on Friday, and President Barack Obama is likely to sign it shortly.
Nearly half of working-age Americans are avoiding doctors or skipping medications because of the spiraling expense.
Here's a diagnosis of the country's health care crisis: Costs are simply out of control.
That's supported by a new study from the Commonwealth Fund Biennial Health Insurance survey, which found that an astonishing 80 million Americans -- or 43% of working-age adults -- last year skipped going to the doctor or snubbed medicine because of cost.
That represents a 27% jump since just a decade ago, when 63 million people said they went without medical care because of cost. Even worse, it's not only the uninsured who are cutting corners on their own health because of high prices, the study said.
About 28% of people with private health insurance reported avoiding treatment because of the price, an eye-opening statistic about skyrocketing rates.
The weapon has come under fire after being used in the recent shootings in Aurora, Colo., and Newtown, Conn.
It looks like a machine gun, but it's not, said CNBC's Brian Sullivan. It's a semi-automatic rifle with one bullet used per trigger pull. Gun control advocates say it's dangerous and was designed to brutally destroy anything in its range. "The real problem is that we allow that kind of firepower to come into a theater or into a first-grade class," one former NRA member told CNBC.
The wireless carrier must now rethink its strategy after Washington state's attorney general put the kibosh on its marketing approach.
Under T-Mobile's "no-contract" plan, customers were required to buy their own phone, though they could pay off their balance over a two-year period. The company didn't properly disclose to customers that they were required to carry a wireless service for the entire period or pay the full balance owed on the phone if they canceled their order earlier. Customers who purchased T-Mobile service and equipment between March 26 and April 25 are eligible for refunds. T-Mobile denies wrongdoing.
Without saying so explicitly, the fast-food restaurant seems to be targeting its latest belly bomb toward satisfying marijuana-induced late-night cravings.
You know them as stoners, and Del Taco has just the offering to attract more of their munchie dollars with its burrito stuffed with chili cheese fries, aptly named Chili Cheese Fry Burrito.
Both Del Taco and its competitors at Yum Brands' (YUM) Taco Bell will outright deny that they're courting a consumer base whose hunger is fueled by marijuana-induced cravings. But with Del Taco stuffing french fries into burritos and Taco Bell running ads implying that Nacho Cheese and Cool Ranch Doritos Locos Tacos are shameful indulgences that should be hidden from friends and loved ones -- but are available as a late-night "fourthmeal" -- it doesn't exactly show they're averse to feeding voracious night owls whose favorite meals are wrapped in other meals.
Nearly two-thirds of owners say their companies haven't seen any return from work-related online efforts like Facebook.
Is having a social media presence for your small business worth the effort? According to the results of a survey quoted in USA Today, perhaps not.
Manta.com, a social networking site for small businesses, reports 61% of those businesses haven't seen any return on their investment in social media activities. At the same time, however, half of those surveyed said they increased their time working on the social media side of their business, compared to a year ago. Just 7% said they had cut back on that time.
Keeping up a business' social media channels can be time-consuming. Another Manta study says more than one in three small-business owners spend up to three hours a week managing their social media, with 10% spending more than 10 hours.
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Could the unemployment rate drop to 6.5% in 2014? That's the forecast that's turning heads.
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