Chipotle: The Definitive Oral History – Business, Financial & Economic News, Stock Quotes

The builders of a $22 billion burrito empire—the founder, his father, his college buddies, key execs, and a couple of pig farmers—open up about how they won the fast-food future. And yes, they dish about McDonald’s. By restaurant industry standards, Chipotle Mexican Grill does countless things wrong. Its outlets aren’t in the busiest locations. It…

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Sony Online Entertainment sold off by Sony, renamed Daybreak Game Company | Polygon

Sony Online Entertainment, developer of EverQuest, PlanetSide, DC Universe Online and the recently released H1Z1, has been sold by Sony to investment firm Columbus Nova, SOE announced today. The developer will now operate as an independent game studio under a new name, Daybreak Game Company. “We are excited to join Columbus Nova’s impressive roster of companies,” said…

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How FCC chair took control of Internet

Tom Wheeler was feeling the heat. It was August and the head of the Federal Communications Commission was sitting on the deck of his family’s vacation home on Maryland’s Eastern Shore. Sweat dripped onto the paperwork before him. For months, the tall, bespectacled Wheeler had been consumed by an arcane but important debate over how…

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One Man’s Bold Quest To Lure Cool New Yorkers To The City’s Least-Hip Borough | Fast Company | Business + Innovation

Staten Island is one of New York’s five boroughs, but it seems like another world. Nobody goes there except for tourists who want to ride the free ferry and residents commuting home. The cool kids across the river have long laughed at the perennially unhip borough, treating it—if they ever think about it at all—like…

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You need to make $108,092 a year to live comfortably in D.C., report says – The Washington Post

A rooftop deck is seen in Washington in this file photo. (Benjamin C. Tankersley for The Washington Post) Another week, another breathless report showing how darn expensive and wealthy D.C. is. Last week, we reported that D.C. ranked 10th in the most millionaires in the country per capita category when compared with states. (Maryland had the most,…

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Repeat Debt-Default Rates Increase After Recession, Moody’s Says – Bloomberg Business

(Bloomberg) — Companies that defaulted for a second time in the years following the latest recession accounted for more than twice the proportion of total defaults than the historical average, according to Moody’s Investors Service. Firms that missed payments on obligations more than once due to debt swaps or bankruptcy reorganizations, made up 39 percent…

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Google hit by shortfall in paid clicks – FT.com

Google on Thursday added to Wall Street’s concerns about a slowdown in its core desktop search business and falling profit margins as it reported quarterly earnings that fell short of already downbeat forecasts. The search company’s shares, which had already underperformed the wider market over the past three months, slipped another 2 per cent in after-market…

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Internet comment credibility study: Vaccine decisions influenced by online discussion.

“This guy says he’s a doctor, so maybe he’s right.” Photo by Monkey Business Images/Thinkstock. The best account on Twitter, without question, has just over 40,000 followers and doesn’t tweet anymore. It’s called Don’t Read Comments (@avoidcomments), and in its heyday it periodically tweeted things like “Nobody on their deathbed ever said, ‘I wish I…

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