Restaurant owners are worried that a tough new drunk driving law, which would make it illegal to drive with at blood-alcohol content level above 0.05, may hurt their business.
McDonald's February sales fell 1.5 percent amid stiff competition for customers who are spending more cautiously due to weak economic growth and higher taxes.
The legislature of the world's last major communist country is almost certainly the wealthiest in the world, according to a popular rich list that names 83 dollar billionaires among the delegates to China's parliament. The Financial Times reports.
Nomura and Societe Generale are the latest banks to warn about gold, as several banks in recent days have cut their price forecasts and warnings about a correction for bullion have risen.
Sales at the restaurant chain are declining, as more women are driving family eating choices and the franchise's core customers, young men, have been hit by the recession.
Starbucks said Thursday that it doesn't plan to change its offerings ahead of New York City's ban on large, sugary drinks that is scheduled to go into effect March 12.
U.S. wholesale inventories rose at their fastest pace in more than a year in January as construction companies and computer merchants built up their stocks.
A new survey on corporate health benefits draws a picture of a world where companies go beyond building gyms and banning smoking, to rewarding employees for lowering their cholesterol and being monitored by a "primary nurse case manager."
The dollar surged to a three-and-a-half year high against the yen on Friday and Dennis Gartman, editor of "The Gartman Letter" told CNBC that it will only soar higher, reaching 125 against the yen in the next two years.
In an internal memo by Goldman the investment bank said it will name a new class of managing directors every two years, instead of on an annual basis, beginning in 2013.
The euro zone may need higher inflation in countries like Germany and lower interest rates across the bloc to ensure a sustained economic recovery brings palpable benefits, the head of the IMF said on Friday.
J.C. Penney agreed on Thursday not to sell products designed by Martha Stewart in categories deemed exclusive to Macy's before a court date in April. The case was postponed due to scheduling conflicts.
Cablevision Systems is claiming that Viacom sought to extract a nearly $1 billion penalty if it refused to pay for low-rated channels it did not want in order to access more popular channels.
At least two dozen heads of state were due to attend Hugo Chavez's funeral on Friday during an outpouring of grief for the charismatic but divisive Venezuelan leader who changed the face of politics in South America.
North Korea threatened the United States on Thursday with a preemptive nuclear strike, raising the level of rhetoric as the U.N. Security Council approved new sanctions against the reclusive country.