Legal clash over misleading ads pits Burger King rivals in court
In a high profile bout, McDonald's and Wendy's sue Burger King over 20 million dollars of ads claiming customer taste tests favor BK. The actions follow a trend of competitive challenges moving to court, with the NAD and FTC history shaping enforcement and remedies.
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Wendy's
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Wendy’s
Dollar Posts Sharp Gains as Gold Prices Drop Worldwide
The dollar surged against major currencies in early trading in Tokyo and Milan, aided by a US money-supply jump that could hint at higher rates. The Bank of Japan intervened to stall yen losses but did not stop the dollar’s rise. Tokyo quotes put the dollar at 272.45 yen, a peak since June 24, 1977. In Milan, the dollar started at 1,430.50 lire, an unofficial high, with late Friday around 1,421.00 lire. The pound traded near 1.68685 dollars.
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Bigger trade deficit may be good sign
Economists say the August trade deficit surge may signal a consumer spending rebound as exports slipped and imports spiked. Texas Instruments plans to cut 2600 jobs, International Harvester to close a Fort Wayne plant with 2000 layoffs, Springfield winning over Fort Wayne for 1500 jobs, and banks cutting six month savings certificate rates to 9.737 percent from 9.874 percent.
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Commerce Department
David Lund
Texas Instruments Inc
Dallas
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International Harvester
Fort Wayne
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Ohio
Treasury
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