VANCOUVER, April 23- The Canadian unit of McDonald's Corp has suspended all of its applications under the country's temporary foreign worker program as its undergoes a third-party audit on its use, the restaurant chain said on Wednesday.» Read More
Peer-to-peer home rental site gets its day in court.
NEW YORK— Yum Brands reported a higher-than-expected profit for its first quarter highlighted by a rebound in KFC sales in China, where concerns about the safety of the chain's chicken supply eased. The company, which also owns Taco Bell and Pizza Hut, said Tuesday that sales at established locations in China rose 9 percent for the period.
April 22- Darden Restaurant Inc has 60 days to call a shareholder meeting to vote on activist investor Starboard Value LP's proposal to delay the company's plan to spin off its struggling Red Lobster chain, CNBC reported.
April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as high beef costs bit into margins and fewer customer visits resulted in a bigger-than-expected decline in sales at the fast-food chain's established U.S. restaurants.
April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as sales at the fast-food chain's established U.S. restaurants fell more than expected on fewer customers. In the Asia Pacific, the Middle East and Africa region, same-store restaurant sales rose 0.8 percent, compared to analyst projections for a 0.5 percent increase.
NEW YORK— McDonald's is fighting to hold onto customers in the U.S. The world's biggest hamburger chain said sales at established U.S. locations fell 1.7 percent in the first three months of the year as guest counts declined.
The ACSI Travel Index is based on random interviews with more than 7,400 U.S. customers of airlines, hotels and Internet travel websites from October 2013 to March 2014.
One of the major disruptors in the lodging industry heads to court Tuesday to defend the way it does business.
The environmentally-friendly alternative housing movement is expanding to the hotel industry.
SANTA PAULA, Calif.— What was supposed to be a cheap bite at Del Taco turned out to be small fortune for some Southern California customers. Customer Michael Cole said he was surprised when he was charged $4,050 for one CrunchTada Pizza and two beef tacos.
NEW YORK— In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. NEW YORK— Chipotle restaurants are ringing up more sales than ever before.
The art deco-designed Raleigh Hotel in South Beach has a fashionable new owner.
In a call with analysts, Chipotle's Chief Financial Officer Jack Hartung said the strong performance pushed the company's average annual sales to more than $2.2 million per restaurant for the first time. McDonald's, for instance, has long outpaced Burger King and Wendy's in part because of the popularity of its breakfast menu.
Early numbers show travelers are looking to book bigger and better vacations as soon as the weather warms up.
Hard Rock Hotel Palm Springs is allowing people to register as shareholders on Realtymogul.com, earn dividends, and enjoy perks when they visit.
NEW YORK— Chipotle is feeling confident that customers are willing to pay more for its burritos, bowls and tacos. That translates to an extra 24 cents to 40 cents for an $8 burrito bowl. Jack Hartung, Chipotle's chief financial officer, said during a conference call with analysts that price is not the main reason customers visit its restaurants anyway.
Some RFID gaming chips have the ability to not only cut casino's cheating losses, but also track an individual player bet by bet.
The last sequential calendar date in this century may be a lucky day for some couples.
*Problems in Zimbabwe, Mozambique, Zambia. LONDON, April 15- SABMiller, the world's second-largest brewer by sales, posted a modest rise in full-year lager sales volumes following troubles in a number of African markets that have been fueling growth for the past few years.
Travelers are spending more money on a quest for something authentic. "It's almost like there's no wild places anymore," said one industry spokesman.