It’s the season for reviewing the year that’s ending and making predictions for the one ahead. On Tuesday, venture capitalist and DailyFinance columnist Peter Cohan was part of a TV panel that was asked: Who was the person of t…
Already the global group-buying leader and growing much faster than its competitors, Groupon is getting a lot more funding. For what? For world domination, of course. . .and here’s how Groupon is likely to put that new-found ca…
Americans are returning to indulging in specialty foods the way they did before the recession, and they’ll likely make big purchases of these affordable luxuries during the holidays. A recent survey showed 63% of American consu…
The 0.7% increase in business inventories in October was less than expected, but it still represents the ninth straight monthly rise. The best news: Sales are rising at a slightly faster pace than inventories, so more growth vi…
McDonald’s (MCD) said that sales at stores open at least one year rose 4.8% in November from a year earlier.
Comparable sales rose 4.9% in Europe and the United States, and by 2.4% in the rest of the world, the company said in a statement.
“Contemp…