“Andy Puzder, the CEO of CKE Restaurants, the parent company of Hardee’s and Carl’s Jr., should know. His company is expanding rapidly abroad due to higher potential outside the U.S., which is hampered by what he sees as too much government regulation. Over the last three years, Hardee’s and Carl’s Jr. opened more restaurants internationally than in their own backyards—a first, he added. CKE now operates restaurants in 30 foreign countries. ‘Under the current U.S. business climate, regulatory and tax restrictions tend to curb otherwise dynamic entrepreneurial energy,’ Puzder said. ‘Unfortunately, it’s easier for our franchisees to open a restaurant in Siberia than in California.'”
http://www.cnbc.com/id/101302181
(Visited 40 times, 1 visits today)
Related posts:
Dennis Rodman heads back to North Korea to see ‘friend’ Kim Jong-Un
Swiss bank Wegelin, founded in 1741, to close after US tax evasion fine
Gold Bears Pull $20.8 Billion as BlackRock Says Buy
Hedge Fund Manager Blows $60M Of Clients’ Money in Three Weeks
Cannes Film Festival rocked as $1 million worth of red carpet ‘loaner’ jewels are stolen
Here’s what critics miss about Bitcoin’s long-term potential
German Anti-Euro Party a Growing Challenge for Merkel
E.P.A. Broke Law With Social Media Push for Water Rule
Obama cancels meeting with Russia’s Putin over Snowden asylum
The ‘Cheapest’ Country in the World
$350 million NASA project completed, then mothballed
China Eclipses U.S. as Biggest Trading Nation
Tehran residents urged to flee ‘dangerous’ pollution
Too cute to kill? Americans split on whether or not to kill suburban deer
San Francisco bar: Free drinks to Google Glass wearers