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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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
A SURPRISE RESIGNATION at Berkshire Hathaway as manager David Sokol leaves the company. While current CEO Warren Buffett has said he has no plans to retire any time soon, many believed that MORE
Mar 31, 2011 11:10 AM ET
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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
JPMORGAN COULD INVEST IN TWITTER The bank is thinking about putting some of the money from its $1.2 billion digital growth fund into the microblogging site, which would give MORE
Feb 28, 2011 9:34 AM ET
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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
EXXON'S OIL SQUEEZE The company released a financial report recently that highlighted an ongoing trend in the oil industry. Namely, major companies are having trouble finding untapped oil fields that aren't politically MORE
Feb 16, 2011 7:06 AM ET
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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
JOBS UPDATE Apple (APPL) will be financially fine during the time when COO Tim Cook temporarily takes the reins for ailing CEO Steve Jobs. But MORE
Jan 18, 2011 5:13 AM ET
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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
TARGET HEADS NORTH with plans to open its first stores in Canada. The company plans to buy and colonize 220 stores MORE
Jan 14, 2011 9:12 AM ET
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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
CASHING IN ON THE CRISIS The Treasury Department sold its last shares of the formerly bailed-out bank Citigroup (C) for $10.5 billion. The Treasury says the MORE
Dec 7, 2010 8:40 AM ET
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