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  • Shake Shack IPO is hot but can it match Chipotle? Thursday, 29 Jan 2015 | 10:45 AM ET

    The IPO market lately has been particularly fruitful for so-called fast-casual chains such as Shake Shack rival Habit Restaurants Inc and others that hope to replicate the red-hot growth of burrito chain Chipotle Mexican Grill Inc. Preliminary demand on Wednesday prompted Shake Shack to raise its expected IPO price to a range of $17 to $19 per share from...

  • Royal Caribbean, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, has been battling tough competition in the Caribbean from smaller rivals such as Europe's MSC Cruises, who offer cheaper packages. Royal Caribbean's net yields, which include ticket sales and spending on board, rose 2.7 percent in the fourth...

  • The company said Wednesday after markets closed that Don Thompson, who has been CEO for 2 1/ 2 years, was stepping down and would be replaced by Steve Easterbrook, the chief brand officer. Janney Capital Markets analyst Mark Kalinowski said the new CEO faces several key questions like whether the company's menu simplification can be meaningfully accelerated...

  • Jan 28- McDonald's Corp, fresh off one of its worst financial years in decades, on Wednesday said Chief Executive Officer Don Thompson would leave at the end of February and be succeeded by Chief Brand Officer Steve Easterbrook. But the following September, McDonald's reported a decline in same-store sales as it fought to hold on to customers with changing...

  • McDonald's CEO steps down as sales decline Wednesday, 28 Jan 2015 | 5:58 PM ET

    NEW YORK— McDonald's CEO Don Thompson is stepping down as the world's biggest hamburger chain fights to hold onto customers and transform its image. The company said Thompson, who has been CEO for two-and-a-half years, will be replaced by Steve Easterbrook, a company veteran who rejoined McDonald's as its chief brand officer in 2013.. McDonald's Corp., which has...

  • Jan 28- Burger chain Shake Shack Inc now expects its initial public offering to be priced at $17- $19 per share, up from $14- $16 expected earlier, valuing the company at up to $674.5 million. The company's international outlets include those in Dubai, Istanbul, London and Kuwait. Shake Shack's offering follows a string of successful IPOs by casual dining chains last...

  • Tim Hortons to cut jobs after takeover by Burger King Tuesday, 27 Jan 2015 | 5:07 PM ET

    TORONTO, Jan 27- Canadian coffee and doughnut chain Tim Hortons confirmed on Tuesday it will cut jobs as it reorganizes after being acquired by U.S. fast food chain Burger King for C $12.64 billion last year. The Financial Post reported last week that a "significant" number of the roughly 1,400 employees at its head office in Oakville, Ontario, and in regional...

  • Travel outlook bright despite euro concerns: Exec Tuesday, 27 Jan 2015 | 2:52 PM ET

    The euro "has been a concern," but the year is shaping up to be strong for travel, a vacation rental company executive tells CNBC.

  • Super Bowl: How to get there, and how to get in Tuesday, 27 Jan 2015 | 12:59 PM ET
    Zach Miller #86 of the Seattle Seahawks pulls down a catch in front of Brandon Spikes #55 of the New England Patriots during a game at CenturyLink Field in Seattle, Washington.

    Fans still thinking about going to Sunday's Super Bowl XLIX will need to factor in game tickets, airfare and lodging logistics.

  • Nibble on these top restaurant stocks: Analyst Friday, 23 Jan 2015 | 4:35 PM ET
    A KFC restaurant is shown in a shopping mall in Beijing.

    Mild weather this winter may be just what restaurants ordered, one analyst told CNBC on Friday. Here are his top picks.

  • Jan 23- McDonald's Corp warned on Friday that business will be weak in the first half of 2015 and it is cutting its annual construction budget to the lowest in more than five years as it opens fewer restaurants in struggling markets. It struggled to recover from a food scare in China that battered Asian sales and wrestled with economic weakness and political...

  • 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..

  • McDonald's quarterly sales fall 7 pct Friday, 23 Jan 2015 | 8:09 AM ET

    Jan 23- McDonald's Corp, the world's biggest restaurant chain, reported a 7.3 percent fall in quarterly sales as it struggled to recover from a food scandal in China and battled tough competition in the United States. The company's net income fell to $1.1 billion, or $1.13 per share, in the fourth quarter ended Dec. 31 from $1.40 billion, or $1.40 per share, a year...

  • NEW YORK— McDonald's isn't lovin' it, and it's going to do something about it. The world's largest hamburger chain reported falling earnings and sales for its fourth quarter on Friday and says it is going to take action this year to save money and bring customers back. But the fast-food giant said its problems won't be fixed overnight: It expects sales to remain weak...

  • Jan 22- Starbucks Corp on Thursday said traffic to its Americas- region stores perked up during the holiday quarter, easing investor jitters about slower growth and boosting shares over 4 percent in after-hours trading. The world's biggest coffee chain also announced that director Kevin Johnson would become Starbucks president and chief operating officer,...

  • The workers said in a federal complaint filed Thursday that about 15 African-American employees of some southern Virginia restaurants run by Soweva Co. were fired last May after several white employees were hired. The employees said that McDonald's Corp. controls nearly every aspect of how franchisees operate restaurants, but corporate officials did...

  • Judge: Revel sale to Florida developer can proceed Wednesday, 21 Jan 2015 | 9:10 AM ET

    ATLANTIC CITY, N.J.— The Florida developer in line to buy Atlantic City's former Revel casino hotel is threatening to walk away from the deal if a court ruling goes against him. Straub's attorney, Stuart Moskovitz, says the developer may cut his losses at the $10 million deposit and related costs incurred, and abandon the deal, just as a Canadian firm originally...

  • Deadly attacks could have lasting impact on Paris tourism Wednesday, 21 Jan 2015 | 8:50 AM ET

    *Paris hotel occupancy rates down and still falling- MKG. PARIS, Jan 21- The deadly attacks in Paris earlier this month could have a lasting impact on tourism if anti- France protests that have swept the Muslim world lead wealthy Arabs to shun the city. But hospitality research firm MKG Group fears a longer-term impact in Paris after satirical magazine Charlie...

  • Davos 2015: The future of IHG  Tuesday, 20 Jan 2015 | 11:25 AM ET

    At the World Economic Forum, Richard Solomons, CEO of IHG, says trusting a brand is really important within organisations and talks about his company's plans.

  • Marriott targets 1 millionth mark: CEO  Tuesday, 20 Jan 2015 | 8:08 AM ET

    "Squawk Box's" Beck Quick, and Arne Sorenson, Marriott chairman & CEO, discuss the hotel's rapid growth strategy and goal of reaching one million rooms by the middle of 2015.