The U.K. is more centralized than any other major power. While many in Scotland want to escape London's grip, freedom has its consequences
The most profitable private equity deal in history was badly timed but brilliantly executed
Patrick Campbell, uranium smuggler—or patsy in a Homeland Security sting?
South Korea wants its robotics industry to surpass those in Europe, Japan, and the U.S.
A ruinous Fed policy? Tell that to investors who made a trillion off Treasuries
Designers weigh in on the long-awaited Apple Watch—and wish it weren't another timid rectangle
The $182.5 million deal puts an end to years of legal wrangling
The Whitman School of Management will assign undergrads to "houses" and they'll compete for points
Women make up about 20 percent of both the entrepreneurs and investors involved in angel investment deals, up from single digits a decade ago
Filed Chapter 11 in April 1991
Fallout: Popeyes' founder Al Copeland bought Church's Chicken in 1989, but the debt he took on from the deal sunk both companies into bankruptcy. AFC Enterprises (AFCE) acquired both brands in 1992, but sold off Church's Chicken to Atlanta-based Crescent Capital Investments (now known as Arcapita) in 2004. Church's operates 1,600 locations worldwide, while Popeyes has 300 U.S. franchises and some 50 company-owned stores.