The world's biggest restaurant chain set a capital spending target of about $2 billion for this year as it looks to recover from a food scandal in China and fend off intense competition in the United States. In the United States, the company has been losing customers to fast-casual chains such as Chipotle Mexican Grill and Shake Shack Inc..» Read More
CNBC's Steve Liesman and Robert Frank question whether a $15 minimum wage for fast-food workers is the solution to the American wealth gap.
CNBC's Katy Tur reports that fast-food workers across the country plan to protest in an effort to gain higher pay at minimum wage jobs.
CNBC's Jane Wells reports California produces 80 percent of the nation's fresh citrus. Farmers are used to a freeze this time of year.
Steve Case, Revolution Growth Fund Chairman & CEO, discusses his $22 million investment in organic salad chain Sweetgreen. Case says big fast food chains, like McDonald's, need to make adjustments.
McCormick CEO Alan Wilson says his company "nailed" their flavor forecast 10 years ago for its popular spice chipotle. He predicts 2014's top flavors, and shares his campaign with BuzzFeed. BuzzFeed president & COO Jon Steinberg, weighs in.
Paul Kelly, managing director at Kelly Turkey Farms, attempts to break his own world record for carving a turkey.
Nicky Foley, head chef at Rotunda, and CNBC anchor Ross Westgate, show you how to stuff a turkey.
Good Eggs is an online grocery marketplace with 100 employees and 400 local food vendors. Good Eggs co-founder and CEO Rob Spiro, says the company is partnering with the best local farms, and is able to provide home deliveries 5 days a week.
Boston Market CEO George Michel says "people trust us," for Thanksgiving. He discusses why consumers order from his restaurant for Thanksgiving, and just how many actually eat in the restaurant on the holiday.
The "Squawk Box" crew asks turkey experts RJ Jaramillo, Butterball Turkey Talk-Line spokesman, and Sue Smith, Butterball Turkey Talk-Line expert, about temperature and how to carve the turkey.
Sales of Hormel's signature meat-in-a-can Spam rose around the globe, said CEO Jeffrey Ettinger. And a new teriyaki SPAM was just rolled out in Hawaii, he added.
Hormel Foods Chairman & CEO Jeffrey Ettinger, discusses his company's economic forecast for 2014, the state of food inflation and whether sales of spam still go up.
A Los Angeles Superior Court judge heard testimony Friday from attorneys for the city of Irwindale, Calif., and the owner of the Sriracha plant.
Yum Brands will combine the U.S. and international divisions of KFC, Pizza Hut and Taco Bell and keep its China and India units separate.
McDonald's, which has been struggling to juggle a variety of new menu items, says the McRib won't be available nationally this year.
An analysis of online orders revealed that Greek salad is the most popular workday lunch, the Today Show reports.
McDonald's plans to spend up to $3 billion next year to open 1,500 new restaurants and remodel 1,000 others.
A bacterial strain of E. coli linked to a California catering company has forced a recall of more than 90 tons of prepackaged salads and sandwiches.
The "Squawk on the Street" team and Julia Stewart, DineEquity CEO, discuss what Dine is doing to honor military veterans, and what led to the company's turnaround of its IHOP and Applebee's franchises.
Eric Stryson, Director at Global Institute for Tomorrow says governments should take a stronger role in pricing and regulating the types of food people eat.