Articles tagged with australiaoxo xox expectationsoxo xox journaloxo xox montagneoxo xox streetoxo xox

oxo Remove a tag from the tag selection xox Keep a tag in the selection and remove others

McDonald’s for Christmas? Burger Chain Asks Franchisees to Make It Business As Usual

A Big Mac probably isn’t your idea of Christmas dinner, but McDonald’s is asking its franchisees to stay open on Christmas Day — a day when even Wal-Mart, which caught flack for opening on Thanksgiving evening this year, closes its doors. “Our largest holiday opportunity as a system is Christmas Day,” McDonald’s COO Jim Johannesen wrote in one of two memos that was sent to franchisees and obtained by Advertising Age magazine. “Last year, [company-operated] restaurants that opened on Christmas averaged $5,500 in sales,” he wrote. Johannesen also said one reason behind the improvement in the chain’s November sales figures was that 6,000 more restaurants were open on Thanksgiving Day (the company has around 14,000 in the U.S.), which boosted sales to the tune of an extra $36 million, Ad Age estimates. The article quotes unnamed company insiders who say that franchisees being open on Thanksgiving accounted for nearly 40% of the chain’s November sales growth. (MORE: Why ...

announcement burger king business christmas combination competition coo expectations heather improvement jim johannesen journal mac mcdonald million oldani opportunity street thanksgiving wal-mart wall wendy

Found more than 1 month ago on channel TIME Moneyland

Read the full article on TIME Moneyland or check out related articles on tibidy

Sandy Bump? Where Business Is Brisk After the Storm

No one should anticipate that a “Sandy stimulus” will kick the economy into a higher gear. Even so, Sandy has caused businesses of all shapes and sizes to be exceptionally busy—including a few you wouldn’t expect. As the Philadelphia Inquirer noted, economists don’t think that the post-Sandy cleanup, rebuilding, and increased spending by governments, homeowners, and consumers will prove to be a major, long-lasting stimulus to the economy: Economist Kevin Gillen, senior research consultant at the University of Pennsylvania’s Fels Institute of Government, recalled that after Hurricane Katrina in 2005, similar expectations never were realized. “Tons of federal money poured into New Orleans after Katrina,” Gillen said. “Did you see their economy boom?” Nonetheless, there are a few industries, pockets of small businesses, and even individual entrepreneurs that have been benefiting—or will soon—in the post-Sandy world. Here are a few: Pay Phones In New York City, pay phones ...

basement belfor box business ceo city cnn depot economists environment expectations fels gillen government hurricane inquirer institute journal katrina kevin michigan-based opportunity orleans pennsylvania philadelphia post-sandy restoration reuters sandy sheldon street university unsurprisingly wall walmart yellen york

Found more than 1 month ago on channel TIME Moneyland

Read the full article on TIME Moneyland or check out related articles on tibidy

Gobal Economic Outlook Looks Gloomy

Finance ministers and central bankers are on their way to Tokyo for their annual get-together sponsored by the International Monetary Fund and the World Bank. Renee Montagne talks to David Wessel, economics editor of The Wall Street Journal , about whether the financial crisis is behind us.

david finance gobal international journal montagne renee street tokyo wall wessel

Found more than 1 month ago on channel NPR

Read the full article on NPR or check out related articles on tibidy

PODCAST: All you can eat and the September jobs sheet

Friday, October 5, 2012 - 11:16 Scott Barbour/Getty Images The Telegraph reports a Mongolian barbeque in Brighton banned two very regular customers for life, calling them "pigs" and accusing them of eating the business into the ground. U.S. employers added 114,000 jobs in September . The unemployment rate fell to 7.8 percent, the same place it was when President Obama took office. On both counts, the numbers surpassed economists' expectations. Presidential economic adviser Alan Krueger and Romney adviser Glenn Hubbard share their reactions to this morning's jobs report . Along with September's employment report, the Labor Department also revised up job gains August and July. In August, in particular they now say the economy added 50 percent more jobs than the original estimate. The markets are happy, but there are some sobering details behind the headline jobs numbers. The unemployment rates for blacks, hispanics, and young people were unchanged, while there were job gains in industries ...

alan americans angelou barbour brighton business cleveland clinic department economists employment expectations getty images glenn heights horwich hubbard jeff journal krueger labor mansion marketplace maya mid-day mongolian nation obama office ohio podcast president reaction romney samsung scott section street telegraph title transportation type unemployment update wall zynga

Found more than 1 month ago on channel Marketplace.org

Read the full article on Marketplace.org or check out related articles on tibidy

Unemployment Followup

With the latest unemployment figures released on Friday, Renee Montagne talks to David Wessel, economics editor of "The Wall Street Journal," about the complexities of the jobless situation. It's not just a lack of jobs. Many companies complain they can't find enough workers to fill the positions — but are companies part of the problem?

complexity david followup journal montagne position renee situation street unemployment wall wessel

Found more than 1 month ago on channel NPR

Read the full article on NPR or check out related articles on tibidy

Page 1 Next page >