Industry News

Starbucks executives on Thursday blamed everything from faulty business moves to global uncertainty for what they called "an anomaly" of a quarter in which sales growth slowed sharply both in the U.S. and worldwide. Sales at stores open at least a year grew only 4 percent globally for the quarter ended June 26. That compares with 7 percent growth in the same quarter a year ago, and 6 percent in the previous quarter."/>
Starbucks' sales growth slows, though earnings meet forecast [The Seattle Times]
Carmike Cinemas. Friday's protest is the idea of New York advocacy lawyer Richard Berman, who said his concerns stem from China-based Dalian Wanda Group's controlling ownership of AMC Entertainment Holdings, based in Leawood. Berman outlined his objections and concerns at www.chinaownsus.com."/>
AMC theater in Times Square will see protest over Carmike merger [The Kansas City Star]
Environmental chief signals OK of Wynn permit [Boston Herald]
Price hikes ground Dunkin' Q2 revenue [Boston Herald]
Tata Motors Ltd in 2010 to realize a vision he shared with then chairman Ratan Tata and then managing director Ravi Kant--to reinvent the firm and turn it into a global giant. Before joining Tata Motors, Leverton was chief engineer overseeing the Phantom project at Rolls-Royce Holdings Plc, and group engineering director at JCB Inc., the US-based maker of earth-moving equipment. Markus Braunsperger, 53, joined Hero MotoCorp Ltd in 2014..."/>
Indian auto majors tap foreign talent to enhance R&D efforts [Mint, New Delhi]
Corporate myopia crimps CSR scope [Mint, New Delhi]
Tata Motors Ltd wants to change that."/>
Tata Motors aims to get more women on its shop floor [Mint, New Delhi]
UBS Group AG expects to touch $48-60 billion by 2020 and Morgan Stanley sees at $120..."/>
10 new VC investors who are upbeat on Indian start-ups [Mint, New Delhi]
McDonald's India Pvt. Ltd and its estranged partner, Vikram Bakshi, before the London Court of International Arbitration. Bakshi and McDoanld's have been involved in a legal dispute since 2013, with proceedings pending at the Company Law Board and several issues at the arbitration court in London."/>
Arbitration proceedings between McDonald's, Bakshi to resume: Delhi HC [Mint, New Delhi]
JSW Energy Ltd on Thursday said it has withdrawn its plan to acquire a majority stake in power producer Monnet Power Co. Ltd after the lenders to the latter rejected the offer. JSW Energy, which has acquired three power plants from struggling peers in the last one year, had entered into an agreement with iron producer Monnet Ispat& Energy Ltd to acquire a majority stake in its subsidiary Monnet Power Co. in July 2015. The two companies had not..."/>
Lenders to Monnet Power reject JSW Energy's acquisition offer [Mint, New Delhi]
Carmike Cinemas. Friday's protest is the idea of New York advocacy lawyer Richard Berman who said his concerns stem from China-based Dalian Wanda Group's controlling ownership of AMC Entertainment Holding based in Leawood. Berman outlined his objections and concerns online at www.chinaownsus.com."/>
AMC Theater in NY's Times Square to see protest over Carmike merger [The Kansas City Star]
Commercial Vehicle Group on Wednesday said it will close its plant in Monona, idling more than 100 people. The New Albany, Ohio, company shut down a plant in Edgewood in late May, eliminating about 80 jobs."/>
Monona plant closes, latest in round of Iowa manufacturing job losses [The Gazette, Cedar Rapids, Iowa]
New restaurant serves dessert, wine on Eola [Orlando Sentinel]
Vision plan for I-Drive gets delayed [Orlando Sentinel]

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