The Ticker

Written By Unknown on Selasa, 31 Maret 2015 | 18.38

BU business school gets $50M gift from graduate

Boston University received $50 million, its largest gift ever, for its management school from retailing executive Allen Questrom and his wife, Kelli. The renamed Questrom School of Business will use the donation to endow 10 faculty positions and help pay for added facilities for the graduate program, the university said. Questrom, 74, who earned a bachelor's degree from BU in 1964 and is a trustee, has led retailers including Barneys New York Inc., J.C. Penney Co., Federated Department Stores and Neiman Marcus. He is currently a senior adviser to Lee Equity Partners LLC, a New York private equity firm.

McDonald's to test all-day breakfast

McDonald's Corp. will experiment with serving breakfast all day at some San Diego-area locations as CEO Steve Easterbrook seeks to pull the restaurant chain out of a U.S. sales slump.

The test, slated to begin next month, will keep hash browns, Egg McMuffins and other sandwiches on the menu beyond the standard breakfast hours. McDonald's is the fast-food breakfast leader, and the morning menu accounts for about 25 percent of its business. As more Americans eat breakfast away from home, competitors such as Taco Bell and Starbucks have tried to take market share from McDonald's with expanded offerings.

Woman denies defrauding One Fund

A Boston woman has pleaded not guilty to fraudulently receiving thousands of dollars by claiming she was injured in the Boston Marathon bombings.

Joanna Leigh was arraigned yesterday on charges of larceny and making a false claim to a government agency. She was released without bail and ordered to surrender her passport and not travel outside New England or New York. Her attorney said she's "a very fragile person."

Prosecutors say Leigh got $8,000 from The One Fund victims' charity; $18,000 from a state victims' compensation fund; $9,000 from an online fundraiser; and $1,700 raised by Boston school students.

Authorities say she was at the April 2013 marathon but wasn't hurt. Leigh, 41, says she suffered traumatic brain injuries, and the charges are retaliation for her criticism of The One Fund for not helping people with brain injuries.

TODAY

 Standard & Poor's releases S&P/Case-Shiller index of home prices for January.

 Conference Board releases the Consumer Confidence Index for March.

TOMORROW

 Institute for Supply Management releases its manufacturing index for March.

 Commerce Department releases construction spending for February.

 Automakers release vehicle sales for March.

THE SHUFFLE

North Andover-based Watts Water Technologies has named Todd A. Trapp as its chief financial officer, effective April 9. Trapp most recently was vice president of financial planning and analysis at Honeywell International Inc., where he was responsible for leading the annual strategic planning processes for the $40 billion conglomerate. Prior to his 12-year Honeywell career, he held several treasury and finance operational roles at United Business Media Inc. and Pearson Inc.


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