From time time DDIFO is pleased to present Guest Commentary from valued contributors. The following is an article about Fraud Detection written and submitted by Steven Schottenfeld of TraceTech Solutions , 7 Josephine Street, Canton, MA 02021, 339-237-1696, email@example.com
USA Today reports that Burger King(BKC) plans to launch a massive new coffee line as it tries to overhaul its breakfast menu and boost its slumping business.
The nation’s No. 2 burger chain will add Starbucks’ Seattle’s Best Coffee to all its U.S. restaurants in a phased roll-out that begins this summer, executives told The Associated Press on Tuesday.
A unit of Citizens Financial Group recently reported a full-year net loss of $600.4 million for 2009 after charging off more than $2 billion in bad loans. RBS Citizens, the No. 2 retail bank in Massachusetts, disclosed the loss in a financial report filed with the Federal Deposit Insurance Corp. The bank was not available to comment for this story
Jim Verdonik in the Triangle Business Journal writes that “You don’t need a weatherman to know which way the wind blows”, by Bob Dylan. What’s your weather information source? Do you trust weathermen? Or do you look out the window to check? If your weatherman had been struck by lightning a dozen times, would you get a new weatherman? I ask, because it’s 2010 economic forecast season. Even if they’ve been wrong the past 10 years, “experts” can’t resist the temptation to try again.
Donna Goodison reports in the Boston Herald that Honey Dew Donuts is taking advantage of the weak economy to make its move against much bigger rivals Dunkin’ Donuts and Starbucks. Honey Dew Associates Inc., the Plainville owner of the 150-location chain, has hired its first director of franchise development to orchestrate a significant expansion.
William Spain writes at San Francisco Chronicle that While the fast-food giants have been holding up better than many other industries – and certainly better than any in the restaurant sector – even they are beginning to suffer from the downturn. And if the economy, especially with some new jobs, doesn’t start coming back soon, that pressure is apt to continue this year and possibly beyond.
Sara Wilson reports at Allbusiness.com that besides being franchises, it might not seem like a sub shop or a burger joint would, in any way, be comparable to a printer cartridge refilling company or a car wash business. But look a little deeper, because a new shade of business practices is coming to light: America’s going green, and franchises of all kinds are joining the movement.