Burger King, often abbreviated as BK, is a global chain of hamburger fast food restaurants headquartered in unincorporated Miami-Dade County, Florida, United States. The company began in 1953 as Insta-Burger King, a Jacksonville, Florida-based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees, David Edgerton and James McLamore, purchased the company and renamed it Burger King. Over the next half century, the company would change hands four times, with its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, taking it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in BK in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes.
At the end of fiscal year 2013, Burger King reported it had over 13,000 outlets in 79 countries; of these, 66 percent are in the United States and 99 percent are privately owned and operated with its new owners moving to an entirely franchised model by the end of 2013. BK has historically used several variations of franchising to expand its operations. The manner in which the company licenses its franchisees varies depending on the region, with some regional franchises, known as master franchises, responsible for selling franchise sub-licenses on the company's behalf. Burger King's relationship with its franchises has not always been harmonious. Occasional spats between the two have caused numerous issues, and in several instances the company's and its licensees' relations have degenerated into precedent-setting court cases.
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells in an effort to produce energy, maintain life, or stimulate growth.
Historically, people secured food through two methods: hunting and gathering, and agriculture. Today, most of the food energy consumed by the world population is supplied by the food industry.
The cuisine of the Americas is made up of a variety of food preparation styles.
An Angus burger is a hamburger made using beef from Angus cattle. The name Angus burger is used by several fast-food hamburger chains for one or more "premium" burgers; however, it does not belong to any single company. Pre-made frozen Angus burgers are increasingly available from retailers.
Burger King is believed to have been the first major fast-food burger chain to introduce an Angus burger.]citation needed[
Pink slime is the common name for a controversial beef product. The name used in the meat industry is lean finely textured beef (LFTB) and boneless lean beef trimmings (BLBT). It is also known by the dysphemistic slang term soylent pink. Pink slime has been claimed by some originally to have been used as pet food and cooking oil and later approved for public consumption, however this is disputed by the FDA administrator responsible for approving the product, as well as by Beef Products, Inc., the largest U.S. producer. This claim is also one of the subjects of a lawsuit currently before the courts. In 2001, The United States approved the product for limited human consumption and it was used as a food additive to ground beef and beef-based processed meats as a filler at a ratio of usually no more than 25 percent of any product. The production process uses heat in centrifuges to separate the fat from the meat in beef trimmings. The resulting product is exposed to ammonia gas or citric acid to kill bacteria.
In March 2012, ABC News ran a series of news reports about the product, including claims that approximately 70 percent of ground beef sold in U.S. supermarkets contained the additive at that time. The reports generated significant controversy and led to increased consumer concerns. Due to the controversy some companies and organizations discontinued the provision of ground beef with the additive. The U.S. manufacturer Beef Products Inc. has argued that the claims made in the reports were false and filed a lawsuit against ABC.
In journalism, a human interest story is a feature story that discusses a person or people in an emotional way. It presents people and their problems, concerns, or achievements in a way that brings about interest, sympathy or motivation in the reader or viewer.
Human interest stories may be "the story behind the story" about an event, organization, or otherwise faceless historical happening, such as about the life of an individual soldier during wartime, an interview with a survivor of a natural disaster, a random act of kindness or profile of someone known for a career achievement.
Hospitality is the relationship between the guest and the host, or the act or practice of being hospitable. This includes the reception and entertainment of guests, visitors, or strangers.
Finance is the practice]citation needed[ of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency tomorrow. Finance aims to price assets based on their risk level, and expected rate of return. Finance can be broken into three different sub categories: public finance, corporate finance and personal finance.