McDonald's Channel comes to California restaurants
McDonald’s Corp will roll out a high-definition television channel to nearly 800 restaurants in southern and central California by March. The world’s biggest hamburger chain is doing this as part of a test, and one day hopes to take it across the United States.Businesses from gas stations and grocery stores to coffee maker Starbucks Corp are beaming more entertainment directly to...
UPDATE 1-KMG Chemicals Q4 profit falls
Oct 13 (Reuters) - Speciality chemicals maker KMG Chemicals quarterly profit fell, hurt partly by a rapid increase in raw material costs in its electronic chemical segment.For the fourth quarter, the company posted a net income of $1.2 million, or 10 cents per share, compared with $3.4 million, or 30 cents per share, a year ago.Net sales for the fourth quarter rose 19 percent to...
Paulson braces investors for the worst
* Paulson not expected to take in new moneyBy Svea Herbst-Bayliss and Katya WachtelBOSTON/NEW YORK, Oct 11 (Reuters) - John Paulson could face a two-pronged problem in the coming weeks as outside investors and possibly even some of his own employees walk in the wake of the hedge fund firm’s worst-ever returns.The firm told investors on Tuesday that as much as a quarter of its assets could...