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An Idea to Savor: Explaining the Success of the Food Franchise

So given the competitiveness of the market, why do people who are starting a new business so often turn to food franchises?

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AFP

Oil near seven-month lows at $91.50
The Associated Press
By CHRIS KAHN, AP Energy Writer – 1 minute ago NEW YORK (AP) — The price of oil is near seven-month lows following warnings of a "severe recession" in Europe and an apparent easing of tensions over Iran's nuclear program. Benchmark US crude lost $1.07 ...
Oil holding at seven-month lowsCBS News
Oil bounces off six-month lows on China hopesSydney Morning Herald

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ABC News

European Stocks Rally the Most in a Month; Vodafone Shares Gain
San Francisco Chronicle
May 22 (Bloomberg) -- European stocks climbed the most in a month amid speculation that China and the euro area will do more to stimulate global economic growth. Vodafone Group Plc gained 4.2 percent after posting quarterly service revenue that ...
European shares up; China growth hopes boost miners, autosReuters
Asia markets extend gains on value hunt, hopes for EU summitLivemint
European shares extend recovery ahead of EU summitEconomic Times

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Proactive Investors UK

Yen Falls Most in a Month as Fitch Downgrades Japan; Pound Drops
San Francisco Chronicle
May 22 (Bloomberg) -- The yen weakened the most in a month against the dollar after Fitch Ratings cut Japan's credit ranking, saying the nation isn't acting quickly enough to tackle its public debt burden. Japan's currency fell versus all its 16 major ...
FOREX-Euro falls vs dollar as EU summit hopes dimReuters

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