From Tesla to Dunkin’ Donuts, One Firm’s Quest to Fine-Tune the World; Valor Equity Partners upgrades mass-market restaurant outlets with the same lean-manufacturing zeal that enabled it to help make Tesla viable

From Tesla to Dunkin’ Donuts, One Firm’s Quest to Fine-Tune the World

By Ashlee Vance February 28, 2014

At a Little Caesars in Salt Lake City, the pizza making process is executed with precision. The employees receive a worksheet each morning that breaks their day down into 30 minute chunks. From 11:30 a.m. to noon, they’re instructed to have 10 pepperoni, four cheese, two Hawaiian, and three Meat Treat pizzas ready, along with an order of Buffalo wings and 22 sticks of Crazy Bread. During the busiest time, 6:00 to 6:30 p.m., they need 67 pepperoni, 39 cheese, six Hawaiian, and eight Meat Treat pizzas along with three orders of wings and 77 sticks of crazy bread. A college-age kid stands with a headset on and barks out orders–“Two Pep!” “Four Meat!”–to frenetic workers. The goal is to have the product ready and waiting. “People still call and place orders, but it doesn’t really matter,” says Mark, the store’s coach. “We’re already making the pizza, anyway.” Read more of this post

In China, FedEx and UPS Wait for Regulators to Renew Permits

In China, FedEx and UPS Wait for Regulators to Renew Permits

By Bruce Einhorn  March 06, 2014

This is a good time to be in the package delivery business in China. Last year, Chinese bought 1.85 trillion yuan ($300 billion) worth of goods online. There were 9.2 billion deliveries in 2013, a 60 percent increase, worth 143 billion yuan, according to the Xinhua News Agency. Only the express delivery market in the U.S. is bigger. Read more of this post

World’s Biggest Arms Importer, India Wants to Buy Local

World’s Biggest Arms Importer, India Wants to Buy Local

By GARDINER HARRISMARCH 6, 2014

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In a joint venture with Sikorsky, Tata builds cabins and parts for the S-92 helicopter at the Hyderabad plant. CreditGraham Crouch for The New York Times Read more of this post

China Credit Markets Tumble Most In 3 Months As Default Spooks Lenders, Deals Pulled

China Credit Markets Tumble Most In 3 Months As Default Spooks Lenders, Deals Pulled

Tyler Durden on 03/06/2014 22:53 -0500

UPDATE: It’s happened – China has suffered its first domestic corporate bond default as Chaori fails to meet interest payments on schedule and rather more surprisingly failed to receive a last-minute mysterious or otherwise bailout… Read more of this post

Save Us From the SAT: The SAT is a mind-numbing, stress-inducing ritual of torture

Save Us From the SAT

MARCH 6, 2014

Jennifer Finney Boylan

BELGRADE LAKES, Me. — I WAS in trouble. The first few analogies were pretty straightforward — along the lines of “leopard is to spotted as zebra is to striped” — but now I was in the tall weeds of nuance. Kangaroo is to marsupial as the giant squid is to — I don’t know, maybe D) cephalopod? I looked up for a second at the back of the head of the girl in front of me. She had done this amazing thing with her hair, sort of like a French braid. I wondered if I could do that with my hair. Read more of this post

China’s ‘land kings’ under threat as tightening takes a toll

China’s ‘land kings’ under threat as tightening takes a toll

Thu, Mar 6 2014

By Clare Jim and Yimou Lee

HONG KONG (Reuters) – The days of Chinese developers snatching up premium properties with record-breaking offers are coming to an end as cooling measures bite and sale prices are squeezed, ending the reign of a handful of “land kings” in the world’s second-largest economy. Read more of this post

China says no casinos for resort island Hainan

China says no casinos for resort island Hainan

Thu, Mar 6 2014

HONG KONG (Reuters) – China’s balmy holiday island of Hainan, long touted as a place where the country could liberalise gambling, will not permit casinos, senior officials announced this week. Read more of this post

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