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Domino's has been crushing its rival Little Caesars since Patrick Doyle took over as CEO in 2010. His goals were to bake #1 pizzas, improve the dining experience, and build a good leadership team. He scored the hat trick, and shares of Domino's fell 4% yesterday on news Doyle's retiring in June

  • On his first day, Doyle acknowledged Domino's was horrible. He changed the sauce and crust. He ordered franchises to redesign the kitchen so customers could see inside. He put live webcams in kitchens so you could watch your pizza being made realtime. He rolled out a feature to order a pizza by tweeting an emoji. Finally, he partnered with the local car company, Ford, for self-driving delivery cars. 
Expand chart
Data: Money.net; Chart: Andrew Witherspoon / Axios

The takeaway: Domino's stock rose more than 1,000% with Doyle at the helm. "The tech company that also sells pizza" became Wall Street's darling thanks to Doyle's bold moves. It's the #1 restaurant chain in India, for crying out loud. His successor, Richard Allison, has a cool logo, top digital infrastructure, and 13,811 restaurants globally. Dig in and don't disappoint, Mr. Allison. @Doyle, Chipotle is hiring...

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Go deeper

Dion Rabouin, author of Markets
46 mins ago - Economy & Business

Biden's inflation danger

Illustration: Sarah Grillo/Axios

President-elect Joe Biden's $1.9 trillion stimulus proposal has economists and bullish market analysts revising their U.S. growth expectations higher, predicting a reflation of the economy in 2021 and possibly more booming returns for risk assets.

Yes, but: Others are warning that what's expected to be reflation could actually show up as inflation, a much less welcome phenomenon.

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CES was largely irrelevant this year

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Forced online by the pandemic and overshadowed by the attack on the Capitol, the 2021 edition of CES was mostly an afterthought as media's attention focused elsewhere.

Why it matters: The consumer electronics trade show is the cornerstone event for the Consumer Technology Association and Las Vegas has been the traditional early-January gathering place for the tech industry.

The FBI is tracing a digital trail to Capitol rioters

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Capitol rioters, eager to share proof of their efforts with other extremists online, have so far left a digital footprint of at least 140,000 images that is making it easier for federal law enforcement officials to capture and arrest them.

The big picture: Law enforcement's use of digital tracing isn't new, and has long been at the center of fierce battles over privacy and civil liberties. The Capitol siege is opening a fresh front in that debate.

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