Wendy's announced late Wednesday afternoon that they decided to sell 640 company-owned restaurants located throughout the United States and Canada, as well as their bakery in Zanesville, Ohio.
Hedge fund billionaire Dan Loeb got a round of applause at the SALT hedge fund conference in Las Vegas on Wednesday for describing Warren Buffett as a hypocrite.
Whole Foods is gearing up to open a new, lower-cost chain of stores next year aimed at younger shoppers. The new chain will cost less to operate, but be "hip, cool, and technology-oriented," CEO John Mackey said on a conference call.
TOKYO (Reuters) - Asian stocks fell on Thursday, taking the lead from losses on Wall Street, while a rise in euro zone debt yields amid a global bond rout kept the euro hovering at a two-month peak versus the dollar.
TOKYO (AP) - Asian markets drooped Thursday after comments from the U.S. Federal Reserve chief fanned fears about the American economy and sent Wall Street lower.