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RadioShack Corporation (RSH) Evaluates $585 Million Rescue Package from UBS AG (UBSN) and Standard General

RadioShack Corporation (RSH) Evaluates $585 Million Rescue Package from UBS AG (UBSN) and Standard General

After nine straight quarterly losses and dozen financial problems, RadioShack Corporation (NYSE:RSH) has got a rescue package from UBS AG (VTX:UBSN) and Standard General LP. The company is evaluating the terms of the package, which will help it avoid bankruptcy and avail new stream of cash. UBS AG (VTX:UBSN) will contribute as much as $325

American Airlines Group Inc (AAL) to save $1 million as it Replaces Paper Manuals with Samsung Tablets

American Airlines Group Inc (NASDAQ:AAL) has won a regulatory prohibition that prevented them from introducing tablets to replace paper manuals that are normally used in-flight. It’s believed that the introduction of the gadgets will save the airlines $1 million every financial year. Many American airlines have pursued paperless attendance to passengers in a bid to

Is McDonald’s Corporation (MCD) Planning To Introduce McBrunch To Its Menu?

McDonald’s Corporation (NYSE:MCD) has been facing numerous challenges in the market due to new entries and spiced-up menus in the fast-food industry. The company has therefore been looking for new ways to attract more customers into its restaurants. BurgerBusiness.com indicated that McDonald’s Corporation (NYSE:MCD) has filed “McBrunch” for trademark registration, something that smacks of a

McDonalds Corporation (MCD)’s Sales Declining Without Any Signs of Improvement in August

The troubling times are far from over for the largest fast-food chain of the world with McDonalds Corporation (NYSE:MCD)’s global same store sale hitting rock bottom. The fast-food chain lost 3.7% of its global sales in August, the largest decline in over 10 years. After some potential raw material scandals and lack of supplier in

Accounting Woes Cause Hertz Global Holdings Inc (HTZ) CEO to Step Down

Position in the organizational hierarchy definitely does not qualify as a shield for accounting errors, and this is a fact that Mark Frissora has realized when made to hand over the mantle of Chairman-cum-CEO of Hertz Global Holdings Inc (NYSE:HTZ). Although the top-ranking executive has quoted personal reasons for giving up his high-profile portfolio, the

Delta Air Lines, Inc. (DAL) Shares Stumble Post Higher Fuel Costs and Lower Outlook

Delta Air Lines, Inc. (NYSE:DAL)’s shares were down after the company raised per-gallon fuel price projections. The airline lowered its projections for one of the key growth metrics along with lower operating growth margins for the quarter. Delta Air Lines, Inc. (NYSE:DAL) lost 5% of its share prices after an announcement made by the Chief

McDonald’s Corporation (MCD) to Tighten Up Supplier Audits in China Post Food Safety Concerns

After a series of food safety scandals in the Chinese market, the fast-food giant McDonald’s Corporation (NYSE:MCD) is all set to increase it supplier audits in the country. The announcement came after another food scandal discovered in July and it even affected McDonald’s sales throughout the month. McDonald’s Corporation (NYSE:MCD) is gearing up to improve

McDonald’s Corporation (MCD), Burger King Worldwide Inc (BKW) and Yum! Brands, Inc. (YUM) Might Be Affected Because Of Nationwide Protest

The Fight for 15, a movement that demands that all fast food workers should be paid no less that $15 an hour has announced a nationwide fast food workers strike. The movement’s representatives have warned that the strike, set for Thursday, will adversely affect major fast food chains, McDonald’s Corporation (NYSE:MCD), Burger King Worldwide Inc

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