McDonald's to restructure and franchising push amid slump
McDonald's unveils a four segment plan led by CEO Steve Easterbrook to slim the structure and franchize more restaurants. The company targets 3 500 new franchised outlets by 2018 and aims to cut admin costs by 300 million annually, while returning up to 9 billion this year and up to 20 billion by 2016. Investors seek bigger risk taking and clearer menu and real estate changes.
MENTIONED IN THIS ARTICLE
Chicago
McDonald’s
Steve Easterbrook
R.J. Hattory
Morningstar
Easterbrook
U.S
Revolution Realty Team builds growth on teamwork and tech
Rob Stiles and Jeremy Wilson founded Revolution Realty Team in 2013 in Cedar Rapids to reinvent real estate with interactive 3-D open houses, lead tools, and e signatures. They charge 5 percent commissions, expanded to Waterloo in 2014 and plan a third Iowa City office this summer, seeking new agents.
MENTIONED IN THIS ARTICLE
Rob Stiles
Stiles
Jeremy Wilson
of the
Revolution Realty Team
Wilson
Cedar Rapids
NewBo
Waterloo
Iowa City
Gas prices rise in Iowa as crude oil climbs
Iowa gas prices climbed 6.1 cents in the past week to an average of 2.53 per gallon, according to GasBuddy. The national average rose 8.5 cents to 2.62, with Iowa 1.02 per gallon below last year and 12.3 cents above a month ago. States with the largest gains include California, Nevada, Arizona, Oregon and Delaware.
MENTIONED IN THIS ARTICLE
Iowa
GasBuddy
California
Nevada
Arizona
Oregon
Delaware
FCA US to pay for college for some workers
FCA US will offer free Strayer University courses and degrees to employees at its franchised dealer network. The program, shared with participating dealers who pay a monthly flat fee, aims to attract top staff and follows Starbucks’ similar move. Strayer, based in Herndon Virginia, serves working adults nationwide and online.
MENTIONED IN THIS ARTICLE
Detroit
FCA US
Strayer University
Herndon
Starbucks
Chrysler Group LLC
Also Mentioned on This Page
Robert Stiles
Second Street
Suite
Rr Team
Ing
Ash
Business School
George.ford
Thegazette
Stephen Mally
the Gazette
Megan Fetter
George C. Ford
FCA
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