shrek

5 Biggest Winners and Losers of the Week in Business

It's been a colorful week in the world of business, from Facebook's accidental hijacking spree to the timely rescue of Dell, to pink slips being passed out at DreamWorks. Here's a rundown of this week's biggest winners and losers.

Biz Brief: 'The Karate Kid' Wins Battle of the 80s in the Theaters

In what was dubbed the battle of the 1980s, The Karate Kid beat The A-Team. Sony's (SNE) remake of the 1984 film, opened as the top-grossing movie in U.S. and Canadian theaters this weekend with ticket sales of $56 million. New Corp's (NWSA) Fox Film studio The A-Team, which is based on a 1980s television series, came in a distant second, grossing $26 million.

Biz Brief: McDonald's Offering $3 Refunds for Recalled Shrek Glasses

McDonald's had offered to pay $3 refunds to customers who purchased drinking glasses decorated with characters from the most recent Shrek film, Shrek Forever After. The fast food giant recalled 12 million Shrek glasses last week due to the presence of cadmium in the glasses.

McDonald's Shrek Glasses Add to Fast Food's Woes

McDonald's recall of tainted Shrek glasses is an unusual reminder of the downsides to America's love affair with the Golden Arches. And as McDonald's fights to avoid blame for a share of the obesity epidemic, the last thing it wants is more scrutiny of how it markets fast food to kids.

McDonald's Recalls 12 Million 'Shrek' Glasses

Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant to recall 12 million of the cheap U.S.-made collectibles while dramatically expanding contamination concerns about the toxic metal beyond imported children's jewelry.