McDonald's has dropped the plan of spinning off its real estate assets to Real Estate Investment Trust (REIT) and instead it'll focus on turnaround plan. The hamburger chain is also expanding its restarant network on franchise basis. McDonald's is also changing its menu list and process of products to alure more number of diners. It has also increased dividend payout to shareholders.

Nov 15, 2015 06:18 AM EST

In a relocation plan to Los Angeles, two NFL team, Oakland Raiders and San Diego Chargers successfully bring Bob Iger, Disney CEO on board the team. Both of them have already created a joint venture Carson Holdings, LLC to manage the $1.7 billion stadium in southern Los Angeles.

Nov 13, 2015 08:53 AM EST

The top six oil companies have combined warchest of $0.5 trillion to support takeovers. The world's top six oil companies are ExxonMobil, Chevron, BP Plc, Shell, ConocoPhillips and Total. With lions' share of $320 billion funds, ExxonMobil Corp is leading the list ot top oil comanies with huge liqudity in cash and stock.

Nov 15, 2015 06:04 AM EST

Uber has signed a global multi-year deal with Dutch mapping company, TomTom. Uber will use maps and traffic data from TomTom on its navigation for Uber drivers.

Nov 15, 2015 10:30 PM EST

Chennai is now getting popular as a travel and food destination in India. But aside from its travel sites, it is considered as a foodies' paradise since it serves a few of India's vegetarian and non-vegetarian dishes.

Nov 13, 2015 04:58 AM EST

After months of anticipation, the city Council of Berkeley, California decided not to take the plunge on a proposed $19 minimum wage.

Nov 14, 2015 01:57 AM EST

Apple is working on a person-to-person payments service that may give iPhone users another reason to use their Apple Wallets. The company is currently in discussion phase with major banks regarding the new service.

Nov 13, 2015 12:26 AM EST

Online marketplace Amazon.com Inc made its debut in 2015 Thomson Reuters top 100 global innovators list. Amazon joins the pioneer list for the first time for innovations in data centers, gadgets, electronic methods, and systems, according to its latest reports.

Nov 18, 2015 07:26 PM EST

The Israel's Tourism Minister and the Finance Minister announced to add more Hotel rooms. By increasing it, the price of the hotel rooms will be lowered. Kohlon, the Finanace Minister explains, it is to benefit the less income people bot the wealthy.

Nov 13, 2015 05:36 AM EST

Bom Jesus do Monte is a must-see sacred shrine in Portugal built many centuries back.

Nov 13, 2015 04:40 AM EST

Chipotle Mexican Grill re-opens its restaurants after an E.coli outbreak force them to close 43 outlets in Washington and Oregon. Although test showed negative result, but cause of the outbreak is not found.

Nov 12, 2015 11:54 PM EST

Disney will no longer to offer Star Wars Weekends event. The popular event is cancelled for the reason of the construction i\of the most awaited Disney Star Wars theme land.

Nov 12, 2015 04:57 AM EST