BRIEFCASE SIZZLER USA SIGNS DEAL WITH LYON'S.Byline: - Staff and Wire Services SHERMAN OAKS - Worldwide Restaurant Concepts Inc. announced Wednesday that its Sizzler siz·zler n. 1. One that sizzles. 2. Informal A very hot day. USA division has signed an agreement with T. Dhillon Inc. to convert 10 Lyon's Restaurants to Sizzlers in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern over the next five years. Two of the locations are slated to open as Sizzlers this fiscal year. ``Our agreement with T. Dhillon Inc. is the first step in expanding Sizzler's domestic franchise system,'' said Charles Boppell, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Worldwide Restaurant Concepts. Vertel appoints interim VP-CFO WOODLAND HILLS - Vertel Corp. announced the appointment Wednesday of T. James Ranney as interim vice president of finance and administration and chief financial officer. Ranney, 47, replaces Craig Scott, who resigned to pursue other interests. Ranney most recently was vice president and CFO See Chief Financial Officer. of Eventra Inc., a software company. Economic worries kept prices down WASHINGTON - Wholesale prices held steady in December as the sputtering A popular method for adhering thin films onto a substrate. Sputtering is done by bombarding a target material with a charged gas (typically argon) which releases atoms in the target that coats the nearby substrate. It all takes place inside a magnetron vacuum chamber under low pressure. economy made it difficult for some companies to charge more. The flat reading in the Producer Price Index, which measures prices paid to factories, farmers and other producers, came after wholesale prices fell by 0.4 percent in November, the Labor Department The Department of Labor (DOL) administers federal labor laws for the Executive Branch of the federal government. Its mission is "to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working reported Wednesday. Excluding energy and food prices, which can swing widely, core wholesale prices dipped by 0.3 percent in December for the second straight month, suggesting some good deals are out there. McDonald's taps new U.S. manager OAK BROOK, Ill. - McDonald's Corp. said Wednesday it has named Ralph Alvarez Ralph Alvarez (born 1955 in Cuba) is a Cuban-American businessman and the current President and COO of McDonald's Corporation. Prior to becoming President and Chief Operating Officer, Mr. Alvarez served as President, McDonald's North America. to oversee the company's more than 13,000 restaurants in the United States. Alvarez, 47, was named executive vice president and chief operations officer of McDonald's U.S.A., a new position. Before the promotion, Alvarez was responsible for nearly 4,300 restaurants as president of the U.S. division's central region. Shares in McDonald's fell 27 cents Wednesday to close at $16.69 on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . GE workers hold second strike day SCHENECTADY, N.Y. - Striking workers at General Electric Co. shrugged off frigid cold for a second consecutive day Wednesday to protest higher health care costs. GE sought court orders to keep all its factory gates open during the strike, involving almost 18,000 union employees across the country. Strikers planned to be back at work Thursday. They blocked the main Power Systems factory entrance about 7:30 a.m. Temperatures were near zero. Unionists said the vigil signaled their resolve if contract negotiations turn sour later this year. The current three-year contract expires in mid-June, with talks expected to start in May. |
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