Dave Thomas

Why Wendy's Will Never Be Great Again

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.

CEO Shuffle: Three Major Corporate Chiefs Step Down

Announcements made late Wednesday and early Thursday revealed that three large companies -- Wendy's, Costco, and Bank of New York Mellon -- are losing their CEOs. And while the first two cases sound like they'll result in smooth transitions, the third comes as something of a shock.