Spend Matters Afternoon Coffee

A new eBay-ish site for Groupon-ish things launches today.
Bidmyway Raises $1.35 Million In Funding To Build An 'eBay For Local Deals' -- Unlike collective purchasing sites like Groupon and LivingSocial, Bidmyway lets people individually determine what an offering for a specific restaurant, spa, hotel, or other local merchant is worth to them, based on their budget. Participating merchants can accept or reject bids based on an undisclosed threshold, and winning bids are kept confidential.

Savings in chicken.
Popeyes cuts $16 million from supply chain costs -- "At Popeyes, we are very data centric – collecting and analyzing key information, and identifying those cost-saving solutions that directly and indirectly impact each restaurant's bottom line," said Cheryl Bachelder, president and chief executive officer for Popeyes Louisiana Kitchen. "In the quick-serve restaurant business money is made in slivers of percentages and it is critically important to manage those costs."

Toyota goes to China.
Toyota's low-emission cars to be manufactured in China -- Akio Toyoda, the president of Toyota Motors said the company was keen on introducing its latest technologies to the Chinese market. Interest in greener vehicles in China is growing as the country works towards reducing its pollution levels.

McDonald's is HIRING in Chicago today.
McDonald's Hopes to Hire 50K, Ease "McJob" Stigma -- McDonald's has been getting some traction in the news cycles regarding its nationwide job search today. The Oakbrook-headquartered company is looking to hire 50,000 people to jobs ranging from restaurant crew members to salaried management today.

- Sheena Moore

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