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Foreign experts glad to offer advice for China's development Fifteen foreign experts from nine countries currently working in China gathered in the Foreign Experts Building in Beijing on Dec. 10 to discuss their recollections of a Dec. 5 symposium with Xi Jinping, general secretary of the CPC Central Committee. 12/13/2012 - 11:56 am | View Link
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McDonald’s performance disappointed in February as the fast food giant weathered harsh competition and cold winter temperatures for lower-than-expected sales, particularly in the United States.
U. S. sales dropped a full 1.4 percent “amid challenging industry dynamics and severe winter weather,” McDonald’s said in a statement Monday. The company’s sales were also down 2.6 percent in the Asia Pacific, Middle East and Africa regions.
“We are diligently focused on strengthening our performance, however our relatively flat year-to-date global comparable sales will pressure margins in the first quarter,” McDonald’s Chief Financial Officer Pete Bensen said
By contrast, European sales rose 0.6 percent in February thanks to strong performance in the United Kingdom and France, which made up for soft performance in Germany.
McDonald’s has seen two years of mediocre sales in the United States due to sluggish economic growth and increased competition.
(NEW YORK) — Sbarro says it’s filing for Chapter 11 reorganization, marking the struggling pizza chain’s second trip through bankruptcy court in less than three years.
The filing comes shortly after it closed 155 of its U. S. locations. It still has more than 800 locations worldwide.
Sbarro had also filed for bankruptcy protection in April 2011 and emerged a few months later, saying that it significantly cut its debt and received a capital infusion.
The pizza restaurant chain Sbarro filed for bankruptcy Monday for the second time in less than three years.
The Melville, N. Y.-based company has between $100 million and $500 million in assets and liabilities, according to court papers, which it signed over along with 30 affiliates for Chapter 11 protection from creditors with the U.
Millennials are taking telecommuting to a whole new level. They view virtual foreign work experience as having equal career value to a true stint overseas, a new report reveals. As a result, many are passing up foreign assignments that, in a global economy, could help them advance more quickly.
MoreBullying at Work: How to Make It StopLeaning In Won’t Fix the Gender Gap (Yet)Here's An Updated Tally Of All The People Who Have Ever Died From A Marijuana Overdose Huffington PostThese Disturbing Fast Food Truths Will Make You Reconsider Your Lunch Huffington PostJuliette Lewis at 40: 'I Quit My Bull-- at 22' PeopleInternational experience ranks dead last among 15 factors that make a job attractive, according to Millennial Compass, a study of work-life attitudes by MSL Group and researchers Dr.
If you ask 20 random grads to explain why they went to business school, a large majority will list networking as one of the top reasons. Makes sense, too, since the connections one makes in b-school can be useful down the road in finding jobs and excelling at them. Which is why it’s all the more curious that if you comb through the course curriculum of 20 random business schools, you’d be hard-pressed to turn up more than a handful that actually teach their students how to network.
I was prompted to try both experiments recently after reading an article by David Kahn, chief revenue honcho at the Wall Street Journal Office Network, bemoaning the fact that most businesses do a poor job teaching their employees how to network, especially those workers who are not directly connected to obvious revenue-generation functions.
This post is in partnership with Fortune, which offers the latest business and finance news. The article below was originally published at Fortune.com.
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