Word: deals
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...start with Mexico? P.F. Chang's says it was as simple as finding the right local operator. In Mexico, that company is Alsea, which operates more than 1,000 Domino's, Starbucks and other American food outlets throughout Latin America. "It just so happens that Mexico makes a great deal of sense because it's closer [to the U.S.]," says DeAngelis. Greg Ruedy, a restaurant analyst at the Stephens financial-services firm in Little Rock, Ark., says it's logical for the company to start in Mexico given the number of American tourists there, the flow of Mexican migrant workers...
...company isn't waiting to see if Mexicans and Kuwaitis like its food - it's already negotiating a deal to expand to the Philippines, and it's exploring options in Canada, Puerto Rico, India and Singapore. As for China itself, "Time will tell," says DeAngelis. But there's at least one food-industry model that suggests that the company may stand a chance at selling Americanized Chinese food to Chinese in China. After pulling out of the Mexican market in 1992, Taco Bell relaunched in the country two years ago and now has plans to expand to 300 outlets...
...Other economists aren't quite so convinced. Brian Lucey, a professor of finance at Trinity College Dublin, has been one of the most vocal critics of the scheme. "We end up with a situation where we bail out shareholders and bondholders first, then deal with taxpayers, rather than the other way round," he says. "The taxpayers are on the hook anyway. The question is, What do they...
Also, what is the deal with Erin? Is she really as friendly/dumb as she acts? Or is it all just an act?...
...Noelani students joined nearly 170,000 other children across Hawaii whose teachers on Friday began an unprecedented state furlough program that will close classrooms 34 days over the next two years. The "furlough Fridays" are part of a controversial effort by Gov. Linda Lingle to deal with a projected budget deficit of nearly $1 billion. The cost-cutting measure has angered parents, lawmakers and children. Popular musician and Hawaii public school graduate Jack Johnson sang at a rally Friday morning at the state Capitol to protest the furloughs. During the rally, parents handed a petition bearing thousands of signatures protesting...