| Senate committee to hold hearings on racing franchise
Albany -- The State Senate Standing Committee on Racing, Gaming and Wagering will conduct three public hearings to examine the future of the State Racing Franchise, committee Chairman William Larkin of Cornwall-on-Hudson said Tuesday. The first hearing will review Governor Spitzer's State Racing Franchise recommendations and Memorandum of Understanding. It will also explore the economic and regulatory issues related to his recommendation. The hearing will be conducted on Thursday, September 27, 2007 at 11 a.m. in Hearing Room A of the Legislative Office Building in Albany. The second hearing will focus on issues related to the impact of awarding the State Racing Franchise on communities surrounding Belmont Park. This hearing will be conducted during the first week of October in Elmont.
AT&T to invest $500M in Ohio
AT&T Inc. will invest $500 million in Ohio during the next several years to upgrade its fiber network, expand broadband and grow Internet-based technologies, including video. The investment, announced Monday, is the result of the passage and enactment of Ohio Senate Bill 117, which reformed the state's video franchising system and allows for video competition. .
Tennis world legend Ilie Nastase got license for McDonald's development in Moldova
The McDonald's corporation announced on Saturday McDonald's Moldova has been transferred to a structure of the type development license (LD). The LD structure is a type of franchising used by McDonald's for about 20 years, which allows the local possession and development of the brand. "The process of identification of the persons to whom we would like to entrust the future of our brand in Moldova was a long and careful one. We trust the engagement and the entrepreneurial aptitudes of the LD franchisees we have chosen for Moldova. Our new LD franchisees reflect our core strategy at the European level regarding the local relevance while they will understand the market, people and the opportunities", McDonald's Europe President Denis Hennequin has said. "I’m proud to become McDonald's franchiser and to develop the well-known trade mark and these people from Moldova", Ilie Nastase has said.
|
