Author Archives
McDonald’s is loving it
The recession is a bad thing, but McDonald’s seems to be loving it and how. In 2006, they couldn’t earn enough profits, but the sales were up nonetheless. Thanks to the swelling ranks of jobless people: Eating out isn’t affordable anymore. The result is plain and simple. Sales jumped 7.2% worldwide in the third quarter [...]
Hearst feels the heat
During the boom time in 2006, Hearst Corporation was on a spending spree. It got itself a swanky new glass and steel office space at Manhattan at $500 million, and 20% of Fitch, the financial ratings company, at $600 million. A privately-held, buttoned-up organization, few people will know that it is one of United States’ [...]
Ban Shri Ram Sena
Organizations like Shri Ram Sena need to be banned. Around 15-20 activists of this group were involved in beating up boys and molesting girls in a pub in Mangalore. When TV channels picked it up, the founder of the organization, Mr Pramod Muthalik maintained that this is a small incident and doesn’t deserve national coverage. [...]