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Click here to visit the new home of Politics Daily!The Family Dollar is going a lot further than it used to. According to a regulatory filing made public today, Nelson Peltz is offering to buy discount retailer Family Dollar Stores Inc. for the sum of $7.6 billion, The Wall Street Journal reported. Word of the possible deal caused Family Dollar shares to jump in after-hours trading. So who is the man making such a generous offer for the discount chain? Surge Desk has some answers. 1. He's no stranger to megadeals Peltz recently sold a $1.3 million stake in Dr Pepper Snapple, Forbes reported. He's also built up a $1.5 million investment in ...
(Nov. 8) -- You might have thought that with all the finger-pointing and concerns over childhood plumpness, America's fast- food industry would be trying to reduce the gut-busting, calorie-loaded, fat-filled offerings on their menus and the kid-targeted advertising. Not so, say researchers from Yale University's Rudd Center for Food Policy & Obesity who released today what they say is the "most comprehensive study of fast-food nutrition and marketing ever conducted." The researchers studied marketing efforts of 12 of the nation's largest fast-food chains, and examined the calories, fat, ...
ATLANTA (June 13) - The fast food-chain Wendy's has pulled a disco CD included in kids' meals because of racy lyrics in one of the songs. The Atlanta Journal-Constitution reported that one of the songs on the Disco Fever CD was Donna Summer's "Last Dance." The song has two sets of lyrics. One version includes the words "so bad." But some heard the alternative lyrics "so horny" on the CD, which had been marked as safe for 3 years old and up. The Atlanta-based chain announced on its website Saturday that it would continue to put three other CDs in the kids' meals. Those CDs include the songs ...
(May 19) -- Next time, don't hold the mayo and the mustard. An irate diner allegedly attacked workers in a Daytona Beach, Fla., Wendy's with a stun gun on Monday morning because she didn't receive the condiments she wanted. Police say the fast-food fiasco began around 10 a.m. after Melanese Reid, 20, and Katrina Bryant, 23, complained that they weren't given packets of mayonnaise and mustard in their drive-through order. ...
(Feb. 21) -- With millions of Americans unemployed, there are simply fewer morning people venturing out for their daily coffee and bagel. That's bad news for the once-$57 million breakfast business. As unemployment rates hit 10 percent, breakfast sales dipped 4 percent, according to the NPD Group, a consumer behavior research firm. Burger King executives reported breakfast was the only meal with declining traffic in the most recent quarter, according to The Washington Post, and sales of breakfast sandwiches at 7-Eleven were down 8 percent by the end of last year. Joe Raedle, Getty Images ...
LOS ANGELES -- Walking out of a restaurant in Los Angeles last week, the former House Majority Leader was stopped by a stranger. "Aren't you Tom DeLay?" the man asked. "Yes, I am." "I am so glad you are out of politics," the man crowed. "Well, so am I," he replied; who says common ground is hard to find? ...
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