ted turner

Ted Turner's Restaurant Chain Closes Nine Locations

Filed under: Dining

Ted Turner's restaurant chain, Ted's Montana Grill, has announced that it has closed nine restaurants around the country. The 46-unit chain casual dining restaurant focuses on serving bison, beef, seafood and more at modest prices from $6 to $20 for entrees.

"It's been a rough time for our industry," said George McKerrow, founder of LongHorn Steakhouse and chief executive of Ted's Montana Grill in an article on National Restaurant News. "We had to get smaller before we get bigger."

The nine Ted's Montana Grill units that were closed were in Kansas City, Missouri (three restaurants); Wichita, Kansas; Omaha, Nebraska; Schaumburg, Illinois; Sterling, Virginia and Raleigh, North Carolina. A new Ted's Montana Grill opened in Boulder, Colorado this autumn and other possible new locations could include Boise, Idaho, and Cheyenne, Wyoming. Florida is also a strong location for the chain and new Florida markets are being considered. The restaurant is also working on integrating lighter fare including more salads and a vegetable plate.

Tags: bison, restaurant closings, ted turner, teds montana grill

Forbes' List of 'Billion Dollar Donors'

by Laura Malesich (RSS feed) —

Filed under: Charity, Wealth

I'm sure a list of the world's wealthiest is a fluctuating compendium these days making a list of donors a nice change of pace from Forbes. Of course most of these 'Billion Dollar Donors' would most likely make the cut for some of the nation's most affluent individuals as well but here their philanthropic tendencies are the focus of attention. These fourteen people, out of 793 billionaires worldwide, have actually donated, not just pledged, over $1 billion total. Here are some of the world's most generous givers:

1 Bill Gates, $28 billion donated.
2 George Soros, $7.2 billion
3 Gordon Moore (shown at right), $6.8 billion
4 Warren Buffett, $6.7 billion
5 Eli Broad, $2 billion
6 James Stowers, $1.9 billion
7 Herbert and Marion Sandler, $1.5 billion
8 Michael Bloomberg, $1.5 billion
9 Li Ka-shing, $1.37 billion
10 Dietmar Hopp, $1.25 billion
11 Michael Dell $1.2 billion
12 Klaus Tschira, $1.1 billion
13 Stephen Schmidheiny $1 billion
14 Ted Turner, $1 billion

Anybody you are surprised didn't make the list?

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Tags: bill gates, BillGates, billion dollar donor, BillionDollarDonor, charity, donate billions, DonateBillions, forbes, gordon moore, GordonMoore, ted turner, TedTurner, warren buffett, WarrenBuffett

Ted's Montana Grill Heads To Manhattan

by Deidre Woollard (RSS feed) —

Filed under: Dining

New York City is one of the best places to dine in the world, it's also increasingly becoming a home to chain restaurants. The latest comes from media mogul Ted Turner. Turner is bringing his Atlanta-based chain, Ted's Montana Grill to Rockefeller Center in Manhattan.

There are 42 Ted's restaurants in 17 states serving casual fare with an emphasis on bison burgers and steaks. In an article in the Atlanta Journal-Constitution, Turner says that he is planning to build around 15 restaurants per year. The restaurant also has an eco-friendly bent, menus are printed using recycled paper, no plastics are used in the restaurant and soft drinks are served in recyclable glass bottles. Turner is also the nation's largest private landowner, and up to 70 percent of the bison served at his restaurants comes from his own ranches. One of the goals of Ted'shttp://www.ajc.com/business/content/business/stories/2006/09/26/0927bizturner.html was to increase the demand for bison meat and thereby paradoxically contribute to the chance of long-term survival for the species. You can download menus and find locations online.

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Tags: restaurant, ted turner, ted's montana grill, TedTurner