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...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 returning home from the U.S. who are already familiar with the brand and limited expansion prospects Stateside. "Most large, casual diners...
...still too early to say how effective any of these steps will be. But Alessandro has already proved his abilities at the private-equity firm he founded, and Michael Porter, a Harvard Business School professor whom Alessandro describes as a mentor, says he thinks very highly of him. "He is a strategic thinker who has kept improving his skills as a manager and leader," Porter says...
...That sentiment extends well beyond the young and disaffected. Meraj Gulzar, 36, is the owner of a small information-technology-services firm, one of about 40 companies employing 2,000 people in Srinagar's tiny IT industry. Gulzar wants to bring Srinagar a piece of the economic boom that has transformed so many other Indian cities. "We would like to be as successful as Bangalore, Pune or Delhi," he says. Kashmir has a big advantage - a large population of well-educated but unemployed college graduates whose salaries are far below those in India's established IT hubs. But the state...
...Guinean government says it has signed a $7 billion agreement with a Chinese mining company, just one month after a massacre of protesters by government troops drew international condemnation. The unnamed firm will dig for diamonds, gold and bauxite and provide Guinea with much-needed revenue as it faces the prospect of economic isolation. The deal--which could give Guinea's $23 billion GDP a massive boost--puts China in direct competition with U.S. and Russian mining companies. China's trade interests in Africa have increased tenfold since...
...erosion of the employer-based system. Smaller employers are dropping coverage altogether. The ones who are able to offer coverage are under greater and greater pressure. [In] the large-employer market, I see continued cost-shifting," says Tom Billett, a senior consultant for Watson Wyatt, a firm that advises companies (including TIME's parent company, Time Warner) on health-plan design...