Jumping the Twitter Ship; Coffee, Tea or Nukes? Air Iran Might Be Headed Our Way; McD’s CEO Really Does Deserve a Break Today

And then there were six…

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Image courtesy of pixtawan/FreeDigitalPhotos.net

Twitter just got a whole lot lighter – except not in a good way. Four top executives are jumping ship from the social networking site, in addition to a top member over at Twitter-owned Vine. The news was tweeted (naturally) last night when Twitter CEO Jack Dorsey posted that all five people had “chosen” to leave and “will be taking some well-deserved time off.” That’s awfully sweet but it still begs the question as to why those folks chose to leave in the first place – especially because those four executive departures constituted 40% of Twitter’s top brass. Don’t bother looking up any job postings for the newly vacated positions. Dorsey seems to have at least one of them filled, apparently by a high-profile executive in the media industry. No word yet on the other positions but rumor has it they’ve also been filled. Not that any of this is news to those at Twitter. When Jack Dorsey returned to the top spot he did, after all, say that the board will eventually have to be replaced. Incidentally, upon Dorsey’s return, shares of Twitter have fallen about 50%.  Shares are now hovering below the IPO price as the company continues to struggle to find ways to attract more users.

Blackout dates…

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Image courtesy of ammer/FreeDigitalPhotos.net

Because nothing says romantic vacation getaway like hopping on a plane to Tehran, Iran is on a mission – not even a nuclear one! – to boost tourism and get back in the good graces of just about every country in the western hemisphere. Iranian President Hassan Rouhani is in Europe this week and just might strike (no pun intended) a deal with Airbus to purchase some 500 aircraft so that you can book your next vacay to the radically ruled country. Rumor has it that Boeing might also supply Iran with some aircraft too, and it would mean that it’d be the first time in 36 years – ever since that pesky Islamic revolution – that travelers could hop on a direct flight to a country that’s hostile to United States citizens. Looks like British Airways is itching to be among the first of the commercial airlines to start taxiing on an Iranian tarmac. Apparently, some analysts are expecting a bona fide economic boom – I SAID ECONOMIC! – to occur in Iran now that sanctions have been lifted in exchange for shelving its nuke fantasies.  And because banking sanctions have also been lifted, Iran will even be able to pay for the aircraft. And so much more…

Comeback kid…

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Image courtesy of lekkyjustdoit/FreeDigitalPhotos.net

Attention naysayers: McDonald’s CEO Steve Easterbrook’s turnaround plan seems to actually be working. How ’bout that. McDonald’s served up some tasty earnings with a special boost from its all-day breakfast offerings.  A big show of gratitude also goes to China where, as it turns out, diners continued to opt for the Golden Arches’ fast-food fare despite the nasty food safety scandal that erupted during the summer of 2014. Same store sales took a 5.7% jump and wouldn’t you know it, shares jumped on the news, especially because, after two years of little to no growth, the company finally experienced that wonderful sensation, posting its best quarter in four years. McDonald’s pulled down a profit of $1.21 billion, an almost 10% increase, while adding $1.28 per share. That’s a nice little smack down to analysts’ estimates of just $1.23 per share. And while a strong dollar did send revenue a bit south to $6.34 billion, it was still above and beyond expectations of $6.22 billion. The only bummer in the earnings was in France, where terrorist attacks have kept too many would-be McDonald’s patrons from enjoying the cuisine.

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One response to “Jumping the Twitter Ship; Coffee, Tea or Nukes? Air Iran Might Be Headed Our Way; McD’s CEO Really Does Deserve a Break Today

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