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Vornado Realty Trust, a leading real estate investment trust, has agreed to purchase the Market Square Complex in High Point, North Carolina, for $100 million in stock. The complex, which encompasses approximately 1.05 million net square feet, includes several surrounding properties such as the Market Square, Hamilton Market, Furniture
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McDonald's has announced a second round of price cuts on hamburgers in Japan, while Rockwell Electronic Commerce has secured a pact with RSL Com, an international telecom carrier. First Health Group Corp. has reported a higher profit in the second quarter, with revenue jumping 84% to $126.7
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A recent study by Corporate Edge consultants has found that the Church of England is less effective in listening to its congregation compared to major corporations like McDonald's. The survey, which ranked organizations based on their willingness to hear the public, placed the Church in the 9th position,
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The California Tomato Commission's perseverance has paid off after eight years of working to export California tomatoes to Japan's fast-food industry. McDonald's, with 2,200 outlets in Japan, launched its Deluxe Burger featuring California tomatoes in June, with 75 metric tons shipped in the
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The High Point Planning and Zoning Commission has given the green light to an 88-acre development on Tarrant Road, which will feature 450 townhouses and apartments, as well as office buildings. The project's developers, Willard Tucker and Barry Siegal, plan to begin construction by October 1, with completion
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Patti Bond's article highlights Atlanta's business growth, with iXL Inc. rising to the top of AdWeek's top 50 U.S. interactive advertising agencies, alongside New York-based Agency.com. Both companies reported $60 million in Web-based advertising revenue for the 12 months ended in March.
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In a significant development for the Chicago metropolitan area, Mastercraft Vending and Coffee Service and Grubb & Ellis Co. have announced major contracts with prominent companies. Mastercraft has been selected as an authorized distributor for Caribou Coffee Company Inc., while Grubb & Ellis has been chosen as the real estate
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Nelson Mandela, the President of South Africa, is set to wed Graca Machel on Saturday, his 80th birthday, in a private ceremony at his home in Johannesburg. Machel is the widow of Mozambican President Samora Machel. Presidential spokeswoman Priscilla Naidoo has stated that the president's office was not
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Dick McDonald, a visionary entrepreneur and co-founder of McDonald's, the world's largest fast-food chain, passed away in New Hampshire at the age of 89. Alongside his brother Mac, Dick McDonald revolutionized the food industry with their innovative quick-service restaurant concept, which featured a streamlined menu, efficient
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EarthShell Corporation, a development-stage company focused on licensing and commercializing a proprietary composite material for the food service industry, has announced the completion of the design phase for its project to build three production lines for Sweetheart Cup Company to manufacture EarthShell hinged lid sandwich containers for McDonald's
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Pittsburgh International Airport's recent addition, the Iron City Saloon, aims to bring a taste of the city to thousands of airline travelers who pass through each year without exploring the city itself. The 2,400 square foot facility, opened by GladCo Enterprises, features a diverse menu and decor
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Recent low water pressure in the Mandarin area has led to the closure of several restaurants, including McDonald's, Taco Bell, and Denny's, due to the inability to operate essential systems such as soda fountains, dishwashers, and toilets. The problems are attributed to smaller-than-average water pipes installed
