Franchise News
World Sugar Prices Fall as Peru Divests from Nation's Mills
Peru's government will complete divesting itself from the country's sugar mill industry, completing the change in agrarian policy in the country started in 1997 and marking the end of government involvement that sector has seen since 1969, according to Bloomberg News. The development is expected to help boost sugar production in the country and, consequently, send world sugar prices down.
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UN Report: 2011 Global Disasters Amount to Economic Costs of $380-B
All combined, the natural disasters that the world saw in 2011 have amounted to a whopping economic cost of $US380 billion, according to a new report issued by the United Nations on Monday.
Yahoo to Lay off Thousands: Report
Yahoo Inc is planning to undergo a major restructuring of the company, which will include lay-off of many employees.
Yet Another Reason Chinese Economic Growth May Hit A Wall
The macroeconomic measures adopted under Deng Xiaoping -- infrastructure, deregulation, privatization, decentralization, attraction of foreign investment and improved access for exports -- must now give way to changes in how the "real" economy operates.
Brazil Replaces UK as World's 6th Biggest Economy
Despite a slowing growth rate in 2011, Brazil's economy overtook the United Kingdom to become the sixth biggest in the world.
Dollar Shave Club: Would You Pay $1 for 'High Quality' Razors? [VIDEO]
The California start-up promises to save money on razors, thanks to its monthly membership-only plan
Service Sector Expands at Fastest Pace in Year
The services sector expanded at its fastest pace in a year in February, helped by a gain in new orders and as the housing market shows signs of stabilizing.The Institute for Supply Management said its services index rose to 57.3 in February last month from 56.8 in January, in sharp contrast to economists' expectations for a drop to 56.1.It was the index's highest level since February 2011. The services sector accounts for about two-thirds of U.S. economic activity. A reading above 50 i...
U.S. Small Businesses Add 45,000 Jobs in Feb
U.S. small businesses added 45,000 employees in February and offered workers more money even as working hours were little changed, an independent survey showed on Monday.
Dollar Thrifty Automotive Group Reports Record Fourth Quarter and Full Year Profit
Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the fourth quarter and year ended December 31, 2011. Net income for the 2011 fourth quarter was $33.9 million, or $1.08 per diluted share, compared to net income of$12.5 million, or $0.41 per diluted share, in the fourth quarter of 2010. Net income for the fourth quarter of 2011 was negatively impacted by $0.01 per diluted share related to changes in fair value of derivatives, compared to a favorable impact on net inco...
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