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Every investor should be asking their portfolio companies what succession plans they have to replace their CEOs in the event of a tragedy like that which befell Micron Technology CEO Steve Appleton last week. Because unfortunately, many companies don't have any plan at all.
These should be exciting times for Wendy's: It has revamped its burgers, spun off Arby's, expanded back into Japan, and is going to take another crack at the breakfast game. But despite all that, its share price is around the cost of its value meals, and that's unlikely to change.
McDonald's and other fast-food establishments recently garnered praise from First Lady Michelle Obama for making great strides toward "making America healthier." But how admirable have their efforts really been? Here's a closer look at the likely effects of changes to the happy meal -- and a different business's better efforts.
You'd think that fast-food restaurants -- with their emphasis on value -- would appeal primarily to those at the lower end of the income scale. But according to a new national study, dining at McDonald's and its quick-serving competitors becomes more common as people make more money.
While many fast-food restaurants have added healthier options, most still focus on cheap, high-calorie, high-fat fare. But who provides the most calories per dollar? To find out where you can get the biggest bulge for your buck, we compared McDonald's, KFC and Taco Bell.
Obese people do not just risk their own health; their health problems cripple the economy. GDP would be given a boost if the number of fat people fell sharply. The Obama administration has not made an attack on obesity part of its stimulus program. Maybe it should.
This is a big week for Wendy's. For the first time in its 42-year history, the burger chain is remaking its signature sandwich. It's a bid to compete with "gourmet" burger shops that are growing in popularity. Still, it's going to take more than menu tweaks for Wendy's to turn things around.
Kentucky Fried Chicken says it is shutting down its fryers for good in Fiji, saying the government compromised its so-called famous blend of 11 herbs and spices by stopping KFC from importing key ingredients. Fiji says that's just an excuse.
With both obesity and fiscal austerity on the rise, makers of unhealthy foods are a tempting target for taxation. While companies like Coca-Cola and McDonald's are most obviously in the sights of the food police, the rest of the food industry may be vulnerable as well.
There'll be no more focus on french fries and soda as the founding tenets of the kid's meal faith, say competing press releases from McDonald's and the National Restaurant Association (NRA). OK, maybe soda. But french fries will be taken down a notch. In a roundly lightweight move to stave off...

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