I don’t know what exactly it is a metric of—the economic crisis? healthier eating habits? better taste? the inexplicable success of that extremely annoying actress playing Wendy in the commercials? the cannibalization of its flagship product by the McRib?—but a McDonald’s milestone has been delayed.
According to leading economists and actuarial scientists (McDonald’s itself no longer calculates such things), Ray Kroc’s little hamburger stand was poised to sell its 300 billionth burger this year. But no more. Read more »
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Q: If you had to assemble hedge fund all-star team, that would invest together for a year or five or whatever time-horizon we decide on (the All-Star Game, it’s them versus the market), which managers would be on it? Read more »
THEhotel at Mandalay Bay is home to Hubert Keller’s new restaurant, Fleur. The menu includes a burger priced at $5,000 (which comes with a $2,500 bottle of wine, so manage your expectations about what this mere $2,500 piece of meat will taste like now) and Fleur representatives optimistically believe they’ll sell 6 of these things this year. Read more »