White paint index raises questions about durability of manufacturing recoverySeptember 15th, 2009 Price of white paint component dips at faster paceWASHINGTON — The price of key ingredient in white paint is declining at a faster pace, signaling that a pickup in manufacturing activity could lose some steam. Titanium dioxide prices fell 7.3 percent over the 12 months ending in August, the Labor Department reported Tuesday.
First-quarter profit cut in half at restaurant chain Benihana as consumers eat out lessAugust 31st, 2009 Benihana restaurants' profit falls 50 pct in 1QMIAMI — Restaurant chain Benihana Inc. on Monday said its first-quarter profit fell 50 percent as it struggled to draw customers during the recession.
Mass. high court says state can't collect taxes on tires bought in NH by Mass. residentsAugust 25th, 2009 Mass. can't collect taxes on tires sold in NHBOSTON — The Massachusetts Supreme Judicial Court has ruled the state has no right to collect taxes from a retail chain that sold tires to Massachusetts residents in New Hampshire. Massachusetts authorities said their case was narrowly focused, but others saw broader implications.
Las Vegas Sands CEO Sheldon Adelson says room rate cutsJuly 31st, 2009 On the Call: Las Vegas Sands CEO Sheldon AdelsonThe casino industry has seen revenue drop for more than a year at the same time it is coming off an extended building binge. The combination of those factors with the global credit crunch has put many in a financial bind.
Rockwell Collins CEO sees business jet service market pickup sooner than manufacturingJuly 30th, 2009 On the Call: Rockwell Collins CEO Clayton M. JonesManufacturers of jets and jet engines have been hit hard by the recession as businesses have been slashing purchases of jets for executives.
Trial opens for sovereignty group leader in Iolani Palace takeover caseJuly 30th, 2009 Trial opens in Iolani Palace takeover caseHONOLULU — A burglary trial has gotten under way for the leader of a Native Hawaiian sovereignty group that occupied historic Iolani Palace last year. The defendant, James Akahi, claims to be the heir to the throne of the Kingdom of Hawaii.
John Edwards earns 2nd career Atlantic Championship winJuly 26th, 2009 Edwards gets victoryJOLIET, Ill. — Eighteen-year-old driver John Edwards picked up the second victory of his Atlantic Championship career in the first race of a doubleheader race weekend at Autobahn Country Club in suburban Chicago.
First fast food restaurant opens in North Korea, report says, but hamburgers not on menuJuly 25th, 2009 Report: NKorea opens 1st fast food restaurantSEOUL, South Korea — You still can't get a hamburger in Pyongyang, but the suspiciously similar "minced beef and bread" is for sale at the North Korean capital's first fast food restaurant, a news report said Saturday. The Samtaeseong restaurant opened in the isolated communist country last month in cooperation with a Singaporean company, according to the Tokyo-based Choson Sinbo.
Report: First fast-food restaurant opens in North Korea, but hamburgers not on menuJuly 25th, 2009 Report: NKorea opens 1st fast-food restaurantSEOUL, South Korea — You still can't get a hamburger in Pyongyang, but the suspiciously similar "minced beef and bread" is for sale at the North Korean capital's first fast-food restaurant, a news report said Saturday. The Samtaesong restaurant opened in the isolated communist country last month in cooperation with a Singaporean company, according to the Tokyo-based Choson Sinbo.
Verizon Wireless offers smaller carriers a faster jump at exclusive handsetsJuly 17th, 2009 Verizon offers small carriers fresher handsetsNEW YORK — Verizon Wireless is offering small cellular carriers a chance to get new phone models faster. Like other large carriers, Verizon Wireless sometimes exclusively locks up new models for six months to a year.
GM will make money, repay government loans faster : ChiefJuly 10th, 2009 DETROIT — The new General Motors will be far faster and more responsive to customers than the old one, and it will make money and repay government loans faster than required, CEO Fritz Henderson said Friday as the company emerged from bankruptcy protection. Henderson said the automaker completed its 40-day stay under court supervision far faster than anyone thought it could, saying it would repay about $50 billion in government loans ahead of a 2015 deadline.
GM has emerged from bankruptcy after signing paperwork to transfer assetsJuly 10th, 2009 GM emerges from bankruptcyDETROIT — General Motors Corp. CEO Fritz Henderson says the new GM will be far faster and more responsive to customers than the old one.
Zagat Survey ranks Wendy's the top fast-food chain overall, also best for food and facilitiesJune 10th, 2009 Survey names Wendy's the top fast-food chainCOLUMBUS, Ohio — The chain that claims it's "way better than fast food" did better than its competitors in a new survey. Wendy's has been named the top fast-food chain by restaurant guide publisher Zagat.
Restaurant innovator Norman Brinker, who developed salad bars, built Chili's chain, dies at 78June 9th, 2009 Developer of Chili's restaurant chain Brinker diesDALLAS — Norman Brinker, a restaurant mogul who popularized the salad bar and built a worldwide casual dining empire that includes Chili's Grill & Bar, died Tuesday at age 78. Brinker died at a hospital in Colorado, said Robin Rymer at Swan-Law Funeral Home in Colorado Springs.
Speciality restaurant group to add 22 outlets this yearApril 17th, 2009 KOLKATA - The Rs.200-crore Speciality Restaurants, the holding company of Oh! Calcutta restaurant that handled the catering for the dinner Prime Minister Manmohan Singh hosted for outgoing Lok Sabha speaker Somnath Chatterjee earlier this week, will roll out another 22 restaurants this fiscal, a top company official said here Friday. 'We will roll out 22 new restaurants this year in the tier-II cities.