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  • Iowa posts record egg production as demand soars Tuesday, 25 Nov 2014 | 2:52 PM ET

    DES MOINES, Iowa— The egg is on a roll. "A lot of it has to do with quick service restaurants offering breakfast now and many of them include egg whites and some whole eggs in their breakfasts," said Maro Ibarburu, associate scientist and business analyst at the Egg Industry Center at Iowa State University. Adopting similar strategies have been Dunkin' Donuts, with its...

  • Controversial start-up wins Inc.’s big award Tuesday, 25 Nov 2014 | 12:27 PM ET
    Airbnb webpage

    Inc.'s editor-in-chief explains why Airbnb was just named the magazine's company of the year.

  • Revel fights city's collection of back taxes Tuesday, 25 Nov 2014 | 11:28 AM ET

    ATLANTIC CITY, N.J.— The former Revel Casino Hotel is trying to block Atlantic City from collecting $32 million in unpaid property taxes. The owners of the former Atlantic City casino, which closed on Sept. 2, filed an appeal Monday of a bankruptcy court order letting Atlantic City hold a tax sale of the unpaid debt. Complicating things is the fact that a deal to sell...

  • Cracker Barrel beats 1Q profit forecasts Tuesday, 25 Nov 2014 | 8:06 AM ET

    LEBANON, Tenn. _ Cracker Barrel Old Country Store Inc. on Tuesday reported net income of $34 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Cruise ship passenger lost overboard off Sydney Tuesday, 25 Nov 2014 | 6:55 AM ET

    SYDNEY— An air and sea search for an 84- year-old passenger lost overboard from a cruise ship east of Sydney was called off Tuesday after authorities calculated that he could not have survived. A security camera showed the man had dropped 25 meters into the ocean from the Sun Princess on Monday evening about 280 kilometers east of Sydney, search manager...

  • New FDA rules will put calorie counts on menus Tuesday, 25 Nov 2014 | 3:43 AM ET
    Water menu at Ray's and Stark in Los Angeles.

    Whether they want to or not, consumers will soon know how many calories they are eating when ordering off the menu at chain restaurants.

  • What's covered in new menu labeling rules Tuesday, 25 Nov 2014 | 12:01 AM ET

    The Food and Drug Administration on Tuesday is announcing new rules requiring chain restaurants, movie theaters and other retailers that sell prepared foods to put calorie labels on menus and menu boards. —Displays of food, such as pastries, at coffee chains like Starbucks. —Food prepared on site at large retail outlets, such as Target and Costco.

  • Calorie count to appear with many prepared foods Tuesday, 25 Nov 2014 | 12:01 AM ET

    WASHINGTON— Whether they want to or not, consumers will soon know how many calories they are eating when ordering off the menu at chain restaurants, picking up prepared foods at supermarkets and even eating a tub of popcorn at the movie theater. The Food and Drug Administration announced long-delayed calorie labeling rules Tuesday, requiring establishments...

  • What's covered in new menu labeling rules Monday, 24 Nov 2014 | 8:01 PM ET

    WASHINGTON— The Food and Drug Administration plans new rules requiring chain restaurants, movie theaters and other retailers that sell prepared foods to put calorie labels on menus and menu boards. The rules will only apply to establishments that have 20 or more locations. —Displays of food, such as pastries, at coffee chains like Starbucks.

  • New FDA rules will put calorie counts on menus Monday, 24 Nov 2014 | 7:59 PM ET

    WASHINGTON— Counting your calories will become easier under new government rules requiring chain restaurants, supermarkets, convenience stores— and even movie theaters, amusement parks and vending machines— to post the calorie content of food "clearly and conspicuously" on their menus. The Food and Drug Administration plans to announce the long-delayed...

  • BEIJING, Nov 23- Chinese property developer Dalian Wanda Group plans to build more than 150 premium hotels around the world by 2018 in an expansion of its luxury hotel business, state news agency Xinhua said on Sunday. The announcement comes as Dalian Wanda Commercial Properties, a subsidiary of Dalian Wanda Group, plans to raise up to $6 billion in a Hong Kong...

  • Vail Resorts CEO is bullish on ski season Friday, 21 Nov 2014 | 12:18 PM ET
    Skiers on a slope in Breckenridge, near Vail, Colorado.

    Snow is coming, ski conditions are "fantastic" and the outlook is bright for Vail Resorts, its CEO told CNBC Friday.

  • Worker charged in glass-in-Big Mac case wins $437K Friday, 21 Nov 2014 | 11:11 AM ET

    NEW YORK— A former McDonald's worker acquitted of charges he placed shards of glass into a police officer's Big Mac nearly a decade ago has won a $437,000 settlement from the city after arguing the officer fabricated the story to win money by suing the fast food restaurant. Albert Garcia was 18 in January 2005 when Officer John Florio accused him of spiking his...

  • Yum approves $1B stock buyback plan Thursday, 20 Nov 2014 | 4:47 PM ET

    NEW YORK— Yum Brands, which owns KFC, Pizza Hut and Taco Bell, said Thursday that its board approved a $1 billion stock buyback plan. Yum Brands Inc. last month cut its profit forecast for the year, citing the latest food scare in China that pummeled sales at KFC, its flagship chain in the country. The figure rose 2 percent at KFC and fell 2 percent at Pizza Hut, which has...

  • *Habit Restaurants shares more-than-double in debut. Nov 20- Shares of Habit Restaurants Inc more than doubled in their trading debut, underscoring the growing appetite among investors for stocks of fast casual restaurant chains- increasingly, the choice of health-conscious diners. Restaurants such as El Pollo Loco Holdings Inc and Zoe's Kitchen Inc, which...

  • Ireland's new hotel king: Billionaire John Malone Thursday, 20 Nov 2014 | 12:17 PM ET
    The Limerick Strand Hotel is shown near the banks of the River Shannon in Limerick, Ireland.

    Cable billionaire John Malone is the largest landowner in the U.S. Now, he's becoming one of the biggest real-estate holders in Ireland.

  • Nov 20- Shares of Habit Restaurants Inc, known for its charburgers, doubled in their first day of trading, making it the most successful debut by a fast casual restaurant chain in the United States this year. The stock opened at $30 and shot up to $36, double its IPO price of $18, within five minutes of trading on the Nasdaq. Habit Restaurants' revenue rose 43 percent to...

  • FACTBOX-U.S. restaurants' IPO proceeds double in 2014 Thursday, 20 Nov 2014 | 10:43 AM ET

    Nov 20- Habit Restaurants Inc's initial public offering on Wednesday raised $90 million, making it the fifth restaurant chain to list on U.S. stock exchanges so far this year. Restaurant IPOs have raised about $486 million this year, more than double the amount raised in the same period last year. Month/Year Company IPO Price Proceeds.

  • Burger chain Habit Restaurants' shares double in debut Thursday, 20 Nov 2014 | 10:39 AM ET

    Nov 20- Shares of Habit Restaurants Inc, a fast food restaurant chain known for its charburgers, doubled in their market debut, valuing the company at about $909.1 million. The initial public offering of 5 million Class A shares raised $90 million after being priced at $18 per share, well above the expected range of $14- $16. Piper Jaffray, Baird and Wells Fargo were...

  • Habit Restaurants prices IPO at $18 a share Thursday, 20 Nov 2014 | 10:34 AM ET

    Habit Restaurants, a fast-food restaurant chain known for its burgers, said its IPO was priced at $18 per share, valuing it at about $454.5 million.