Newsletter from China Orient
竖卷形: No 0608
Wednesday
Aug. 30th, 2006
 

 


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Edited by China Orient Business Investigation Co., Ltd

News Research      International News      Industry News      Monthly Holiday

 

News Research

Pluto is expelled from Solar System

23:20, Aug.24, 2006

Reported by Associated Press, planet definition has been renewed by IAU at Prague Conference on Aug.24, 2006. According to the new definition, Pluto lost his planet title, and there are only eight major planets of Solar system. A Hibernian woman astronomer said: If we do according the old definition, then it should contain many small planets into solar system. We will be laughed by people. Another astronomer agreed her argumentation. Now we should know the 8 major planet areMercury, Hesper, Earth, Mars, Jupiter, Saturn, Uranus and Neptune.

 

International News

McDonald's announces resignation of No. 2 executive

Updated: 2006-08-24 09:31

CHICAGO - McDonald's Corp. has announced the unexpected resignation of Mike Roberts, the fast-food chain's No. 2 executive, as president and chief operating officer.

No reason was cited in the late Wednesday afternoon announcement by CEO Jim Skinner. A company spokesman did not immediately return phone calls seeking comment.


President and chief operating officer of McDonald's Corporation Mike Roberts attends a media event for the 2005 World Children's Day at the Ronald McDonald house in Los Angeles November 15, 2005. McDonald's Corp. on Wednesday said Roberts, a 29-year veteran of the fast-food chain, is resigning. [Reuters]

The company said Ralph Alvarez, president of McDonald's USA, will succeed Roberts. Alvarez will in turn be replaced by Don Thompson, currently executive vice president and chief operations officer of the U.S. business.

Roberts was widely seen as the likeliest candidate to someday succeed Skinner in the top post of the Oak Brook, Illinois-based company. After overseeing the revitalization of the U.S. business, he was promoted to the president's job in November 2004 when Skinner was named to replace the cancer-stricken Charlie Bell as chief executive. Bell died eight weeks later.

McDonald's has continued to increase sales solidly since then, although growth has recently tapered off slightly as the company came up against tougher comparisons with its impressive recent results.

"We all owe Mike a tremendous debt of gratitude," Skinner said in a prepared statement. "Because of his leadership, our system is stronger and more aligned than ever."

Roberts, a 29-year veteran of McDonald's who is in his mid 50s, said in comments released by the company that he was honored to have served McDonald's and thanked owner-operators, suppliers and employees.

"As I think back over the years, I'm fortunate to have been part of so many defining moments _ most recently our renaissance, which began in the U.S. in 2002 and is now occurring all around the world," he said.

A message seeking further comment was left at Roberts' office Wednesday evening.

The Chicago native began his career with the company as a regional purchasing manager in 1977 and moved up through a variety of positions in the United States, including president of McDonald's West division and president of McDonald's USA.

He survived unprecedented struggles in that business and remained in charge until new products and a new strategy spearheaded by then-CEO Jim Cantalupo helped turn its fortunes around. Bell then promoted Roberts to chief executive of the U.S. unit, the company's biggest, in July 2004 "in recognition of the revitalization of the U.S. business."

Richard Adams, a former McDonald's executive and now a consultant for McDonald's franchisees, said he suspects the ambitious Roberts had threatened to leave the company if he wasn't given a bigger role and had the strategy backfire on him. He said he doubted McDonald's would have pressured him to quit, with the business doing well.

"Unless there's some extraordinary event, it's a real negative for them to lose their No. 2 man, if you just want to look at their image on Wall Street," he said. "At this point in time when they've been enjoying success for the last 40 months, to just up and fire the top guy would really be a negative for the company."

The announcement was made more than two hours after the close of regular trading. In normal-hours activity, McDonald's shares fell 1 cent to $35.59 on the New York Stock Exchange. They are up 5.5 percent this year and 21 percent since Skinner and Roberts took over the top two spots on November 22, 2004.

Alvarez, 51, has spent the past 12 years with the company and most recently has led the continued momentum of the U.S. business, which has posted 40 straight months of positive same-store sales.

Before taking his current position as president of McDonald's North America, where he is responsible for 15,000 restaurants in the U.S. and Canada, Alvarez served as President of McDonald's USA. He previously was chief operations officer of McDonald's USA, president of the unit's Central division and president of McDonald's Mexico.

 

Floods killed at least 85 in Rajasthan
Updated: 2006-08-28 09:21

People rest on highway damaged by floods near Barmer town, 350 km (218 miles) north of the western Indian city of Ahmedabad August 27, 2006. Floods caused by heavy rains have killed at least 85 people in India's western desert state of Rajasthan, and forced the suspension of a train service to neighbouring Pakistan.

People rest on highway damaged by floods near Barmer town, 350 km (218 miles) north of the western Indian city of Ahmedabad August 27, 2006. Floods caused by heavy rains have killed at least 85 people in India's western desert state of Rajasthan, and forced the suspension of a train service to neighboring Pakistan. [Reuters]

Industry News

Private detective can get Bachelor degree in France

Reported by Guangzhou Yangcheng Evening Paper, Agu.25, 2006

Xinhua report: Since Oct. 2006, France Molon Economy and Law College will set up “Private Detective” department, and education system is three years.  Students will be awarded the bachelor degree by France Ministry of Education after graduated. France Le Figaro said this degree is the first one

on “Private Detective”. Except the usual classes, for example law, spy, surveillance etc, the students also are arranged in real situation to practice.

Since that, there are two school had set up the department in France, but neither is certificated by Ministry of Education. In March 2003, France had

Issued one piece of law, it said the private detective must hold his certificate if he engage on private detective business.

 

Monthly Holiday
Middle-Autumn Day is coming  

Updated: 2006-08-29 09:52

A Chinese girl looks at a huge mooncake on display in a restaurant in Haikou, South China's Hainan Province August 28 2006.

A Chinese girl looks at a huge moon cake in a restaurant in Haikou, South China's Hainan Province August 28 2006. The moon cake, 40 centimeters high and 220 centimeters in diameter, is made of 800 kilograms of materials.

Custom of Middle-Autumn Day

The Mid-Autumn Festival falls on the 15th day of the eighth lunar month ,which comes right in the middle autumn, hence its name. In ancient times, people would offer elaborate cakes as sacrifices to the Moon Goddess on this day. After the ceremony, his family would enjoy sitting together and eating the pastries. The festival then came to symbolize family unity, and the custom has been passed down to this day. On mid-autumn night the full moon is especially bright. The who family sits together eating moon-cakes while admiring the moon in its perfect splendor. Mid-Autumn Day is a special day in which your wishes of staying together with your beloved permanently will come true. Everyone of a couple will miss each other so much and make wishes and pledge that day. That day is full of Chinese humane culture and it is said the moon is much brighter than any other day.