Word: burstings
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Reputation alone may not get Wendy's through its current slump. Well before the recent troubles, sales at Wendy's restaurants had been stalled for two years, budging just 0.9% in 2003 and 2.9% last year, far below the pace set by its competitors. The culprit? A sudden burst of creativity from the big guns in the fast-food wars, McDonald's and Burger King, as well as some smart plays by smaller chains like Hardee's and KFC. For years, McDonald's and Burger King had relied on their size to generate growth, opening hundreds of new stores every...
This is the $64 billion question of the 21st century's first boom: Are today's real estate revelers partying like it's 1999--just before the stock-market bubble burst? To Edward Leamer, economist and director of the UCLA Anderson Forecast, the housing market, especially in hot coastal areas, is a bubble just as ripe for popping. "We've had a more than doubling of housing prices in the past three years here in Southern California, for instance, and there's no fundamental driving it," he says. "There isn't some big crush of people coming to California. That...
...director James Ivory in 44 years?they shared a line in the Guinness Book of World Records for the most enduring movie partnership?were stately endeavors, with nary a monster shouting Boo! to frighten the children. But Merchant's death in London last week at 68, after an ulcer burst in his abdomen, was a shock to the international film community. A genial friend had left life's banquet much too early...
...those who knew him…the African adventure looked something like a death wish,” Zug writes. Ledyard only made it as far as Cairo. Suffering stomach pains, he took medication to induce vomiting. But he ingested too strong a dose, causing a blood vessel to burst. He died...
...those who knew him…the African adventure looked something like a death wish,” Zug writes. Ledyard only made it as far as Cairo. Suffering stomach pains, he took medication to induce vomiting. But he ingested too strong a dose, causing a blood vessel to burst. He died...