The fast-food chain's parent wants it to cook up revenues of $14 billion by 2021. Some analysts think that's doable.
That's what a UK study contends. But that'll get lots of Americans arguing the point over a bourbon till the wee hours.
The study's authors at Lancaster University insist that when the U.K. changed its nationwide pub closing time from 11 p.m. to 5 a.m. -- and eventually to 24 hours a day – more workers began showing up for work late or calling out "sick." Towns that maintained the old closing times apparently didn't see such problems.
Prime Minister David Cameron hasn't exactly been thrilled with the country's reputation as a pub-crawling, football-song-slurring rabble.
The mandatory budget cuts are forcing chemotherapy clinics to make a difficult choice: Turn away patients or risk bankruptcy.
According to The Washington Post's Wonkblog, cancer clinics across the country are turning away thousands of patients after cuts that went into effect on April 1 made administering expensive chemotherapy drugs too costly for many facilities to sustain. Clinics are funneling patients to already busy hospitals while saying that continuing the status quo would bankrupt them in six months to a year.
The cuts are particularly troublesome for Medicare patients, roughly a third of whom are losing their treatments as a result. Lawmakers tried to limit the impact on Medicare patients by keeping cuts to the program at 2%. Unfortunately for cancer patients, that 2% is falling almost squarely on the portion of the program that doles out their drugs.
It now garners a mere fraction of market share, but some big brewers are making major moves to expand its reach.
The Craft Brew Alliance (BREW), which produces Widmer Brothers, Redhook and Kona beers, announced the launch of its Square Mile Cider Company brand on Tuesday, and it says original and Spur and Vine varieties should be available on the West Coast starting in May.
That in itself isn't such a big deal. But added to Samuel Adams producer Boston Beer's (SAM) jump into the cider industry, Anheuser-Busch InBev's (BUD) cider experiments and a recent spate of cider company buyouts, these are big moves by brewers to get a small piece of a growing segment.
Chicken sandwiches now outnumber hamburgers on quick-service restaurant menus.
According to the website BurgerBusiness, market researcher Mintel has found more chicken sandwiches than burgers on the menus of quick-service restaurants since beef prices shot up in 2010.
As of 2012, chicken held a slim 330 to 323 lead. Burgers have regained some ground from 2011, when their numbers stood at 314. Chicken, though, is hardly on the ropes, with many consumers eating less red meat for health reasons.
"Consider the barrage of new menu items introduced by Burger King (BKW) in January," the site says. "Yes, it included an Avocado Swiss Whopper, but the wave also brought Philly Original Chicken and Italian Original Chicken sandwiches, as well as the introduction of new Chicken Nuggets."
The company unveiled a new platform that gives itself prime real estate on your phone. But that's not exactly what people are clamoring for.
Facebook (FB) didn't announce its own phone Thursday. It didn't make a new operating system. Instead, the company has created essentially an app on steroids that gives Facebook prime real estate on Android devices.
Facebook messages and chats are right there on your home screen. You won't have to go into a Facebook app anymore to see them. The platform works on top of the Android mobile operating system from Google (GOOG) and will start showing up pre-installed on devices from HTC and Samsung.
Oh, and there will be ads, too.
A Parisian auctioneer plans to sell 70 of the sacred Native American objects for an estimated $1 million, prompting calls for their return.
Art and money often go hand-in-hand, especially in the high-priced realm of auction houses. But that marriage of art and commerce can get controversial when the artwork in question is of a religious nature -- and the faith involved takes issue with what it considers its sacred, priceless objects being put up for sale.
That's the international scenario unfolding as the Hopis of Arizona and their supporters call on the U.S. government to stop a planned auction in Paris next week. Reports say the auction of 70 Hopi artifacts at the Néret-Minet Tessier & Sarrou auction house, one of the largest-ever auctions of its kind, could bring in up to $1 million.
Hopis view the objects known as katsinas, or “friends,” as being imbued with living, divine spirits -- for use in many of their rituals and ceremonies.
The machines will convert cash or funds from your bank account into the digital currency -- for a very real fee.
Bitcoins are taking a step into the real world, with an entrepreneur planning to introduce ATMs for the digital currency in Los Angeles and Cyprus.
But there's a catch: Rather than dispensing cash, the Bitcoin ATMs will transform your hard-earned real money into the digital currency. On top of that, the ATMs will charge fees of about 3%, which is slightly more than what regular ATMs charge, according to CNN.
The ATMs will convert cash into Bitcoins stored in a Bitcoin wallet, or else will transform the cash stored in a personal Bitcoin account into the digital currency, according to the report.
The 60-inch iTV will come with a second, smaller device and an iRing, worn on a finger, to serve some functions of a remote control.
What's expensive, aims to revolutionize entertainment and wants to put a ring on it? It's Apple's (AAPL) so-called iTV, which a report says will be on the market later this year with a price tag as high as $2,500.
But the most unusual aspect of the report, which comes from a research analyst who met with suppliers in China and Taiwan, is an add-on device called the iRing, according to Apple Insider.
The iRing is a ring-shaped accessory that, yes, one wears on a finger. It's a new concept for the television industry, allowing viewers to use their hand as a navigation pointer for the TV set. It will give the TV set the ability to detect motion and replace some aspects of the traditional remote control.
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The company tries to tamp down criticism from activists who argue that the mascot promotes childhood obesity.
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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.