Business
Why Pinkberry went to Moscow and Chipotle will go to Paris
April 28, 2011: 5:00 AM ETChains are no longer saturating the U.S. market before setting up lucrative yet risky overseas outposts. In an increasingly smaller world, they just can't afford to wait.
By Beth Kowitt, writer-reporter
FORTUNE -- When McDonald's (MCD) opened its first location in Moscow in 1990, an endeavor that had been in the works for 14 years, the fast food giant had more than 10,000 locations to its name and had been a franchising company for 35 years. Meanwhile, the Berlin wall had only just come down.
Fast-forward about two decades to March 2011 when Pinkberry opened its first store in Russia's capital. The frozen yogurt chain that began in 2005 has about 100 stores, yet Muscovites might be wondering what took the chain so long to arrive. There's no question times have changed.
A global operation was once considered tenable only for big restaurant companies, which would often be well on their way to a fully developed U.S. market before looking far outside North America. More
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Today in the Fortune 500: Goldman Sachs sees Facebook's 500 shareholder plan, Borders not yet at its final chapter and Berkshire Hathaway expands covereage for big oil.
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
FACEBOOK LIKES SHAREHOLDERS according to a document disclosing financial information that was given to a select group of Goldman Sachs (GS) employees who have the opportunity now to MORE
Jan 7, 2011 8:01 AM ET -
Today in the Fortune 500: Jet-leasing fuels Boeing sales, no New Year's deal for Comcast and AIG loses ground in worker's comp probe.
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
IT'S A RENTER'S ECONOMY for aircraft, that is. Air travel is picking up in general, but the return of jet-leasing is also helping companies such as Airbus and Boeing (BA) MORE
Dec 23, 2010 8:35 AM ET -
Today in the Fortune 500: the 3-D TV dilemma, Boeing to build satellites with Mexico and the reason Mark Hurd left HP
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
STUCK IN TWO DIMENSIONS 3-D TV manufacturers are scrambling to reach their consumer base. While Amazon (AMZN) reported that its its two top two best-selling big sets were 3-D TVs, MORE
Dec 21, 2010 8:49 AM ET -
Today in the Fortune 500: Pfizer's overseas challenge, big agribusiness moves on Mexican corn and Nike strides towards sustainability.
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
TOMORROW, THE WORLD Pfizer appointed a new head of emerging markets in its quest to push more of its products to the corners of the globe. The job MORE
Dec 10, 2010 8:24 AM ETPosted in: Bloomberg Businessweek, Business, Fortune 500, Hewlett-Packard, HPQ, Monsanto, PFE, Pfizer, SuperValu, SVU, Twitter -
Today in the Fortune 500: Fried chicken for Africa, Wells Fargo invests in wealth and Halliburton explains why the Gulf went up in smoke.
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
IN FORTUNE 500 GLOBAL EXPANSION NEWS Starbucks (SBUX) is looking for a way into India and Yum! Brands Inc. (YUM) wants to see more of the Colonel in Africa. The MORE
Dec 8, 2010 8:55 AM ETPosted in: Bank of America, Business, Deepwater Horizon, Halliburton, John Stumpf, San Francisco, Wells Fargo, WFC, Yum! Brands -
Today in the Fortune 500: Pepsi drives a ruble rally, Pfizer CEO steps down and GE gets creative.
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
GIVE RUSSIA SOME CREDIT Investors' hopes that Russia's credit ratings will improve in response to the potential deal between PepsiCo (PEP) and Russia's juice and dairy company Wimm-Bill Dan has spurred a MORE
Dec 6, 2010 8:25 AM ETPosted in: Atorvastatin, Business, General Electric, Jeff Kindler, JPMorgan Chase, PEP, PepsiCo, PFE, Pfizer, Russia, Wimm-Bill-Dann Foods, Wyeth -
Today in the Fortune 500: Shell in Russia, Google-Groupon, and old-time espionage
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business.
By Shelley DuBois, reporter
GOOGLE GETS ITS GROUPON almost, at least. Nearing a $6 billion deal with search giant Google (GOOG), e-coupon company Groupon shops for Asian start-ups. [New York Times]
TOYOTA READY TO ROLL in India today. Apparently, MORE
Dec 1, 2010 9:08 AM ET -
Odorless, colorless: The quiet rise of American Big Gas
A special series from Fortune
Natural gas has quickly and quietly grown to become a major source of energy for the United States, thanks to a controversial technique called fracking. As Fortune writes:
The number of horizontal drilling [or fracking] rigs skyrocketed from 40 in the 1990s to over 500 in 2008. The country currently consumes just under 23 trillion cubic feet of gas per year and half of that amount is MORE
Oct 1, 2010 2:40 PM ET
