Michael Smith
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German Burger King Franchises Shut Down Following 'Poor Hygiene' Reports
Eighty-nine Burger King locations in Germany have been shut down following reports of "poor hygiene" as well as negative treatment of staff, placing a drain in revenue for the country with approximately 700 franchise locations.
Redbox Boosts Prices Of Rentals In Competition With Netflix And Amazon Instant Video
Redbox, the kiosk-operated movie and video game rental company, is taking measures to remain in equal competition with Netflix and Amazon's Instant Video site.
Colorado Grants Charter For Marijuana Businesses, Seeks Federal Approval
The State of Colorado has granted a charter for finance companies to serve its marijuana industry, the Charlotte Observer reports, mentioning that state officials are seeking approval from the National Credit Union Administration and the Federal Reserve.
Alibaba Group Breaks Asian Bond Sale Record
The Alibaba Group, the China-based e-commerce organization that has grown in popularity in recent years, broke the Asian bond sale record in the United States on Friday, surpassing every other company from the continent.
Moscow McDonald’s Reopens Following Hygiene Controversy
The first McDonald's restaurant to open in Moscow has reopened following three months of closure-its administration was accused of unfavorable hygiene practices.
JetBlue Bag-Check Fee And Added Seats Policies Receive Mixed Responses
JetBlue has announced plans to include additional seats on plans while implementing a new bag-check fee-the new policies have received mix responses from investors and consumers.
Takata Corporation Recall Worries Investors And Consumers
The Federal Government has recalled millions of cars due to the possibility of the Takata Corporation's airbags not functioning properly and the controversy has sparked worry among investors and consumers.
Uber Faces Criticisms For Public Relations Tactics
Uber, the increasingly-recognized ridesharing start-up company, is under criticism for remarks made by senior executive Emil Michael.
Urban Outfitters CEO ‘disappointed’ by profits and shares drop
Urban Outfitters Chief Executive Officer Richard Hayne has revealed that he is "disappointed by the results at the Urban Outfitters brand."
Snapchat enters digital money transfer market
Snapchat, the photo messaging application famous for its time-adjustable receipts, has entered the market of digital money transfers.
Google Glass profitability under question following declining popularity
Google Glass, an optical head-mounted display product, is allegedly losing popularity among some developers and consumers, bringing into question its profitability and attractiveness among potential investors.
Microsoft nabs number-two spot in most valuable brands ranking
Microsoft has been ranked the second most valuable corporate brand in the world, Beta Wired reports, just trailing behind rival company Apple.
Comcast responds to net neutrality and customer service controversy
Comcast Chairman and Chief Executive Officer Brian Roberts has publicly apologized for his company's controversial handling of customer service phone calls.
Hasbro and DreamWorks Animation start business negotiations
Hasbro, the multinational toy company that is credited with producing Monopoly, Scrabble and several other well-known board games, is allegedly in business talks with DreamWorks Animation-the company is said to want to purchase the animation studio.
Airlines pursue fuel-saving passenger jets despite declining fuel costs
Air Lease Corp Chief Executive Officer Steven Udvar-Hazy believes airlines around the country will continue to pursue purchasing fuel-saving passenger jets despite the recent decline in fuel costs.
Bitcoin priced at $1 million by analyst
Global Macro Investor author Raoul Pal has priced online payment system Bitcoin at $1 million, suggesting the company seems to continue growing.
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