McDonald's reported a bigger-than-expected drop in sales for February, with competition and bad weather battering U.S. sales.» Read More
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, with competition and bad weather battering U.S. sales. The world's biggest restaurant chain by revenue said worldwide sales at restaurants open at least 13 months fell 0.3 percent last month.
FMHR traders Pete and Jon Najarian debate if Wynn Resorts or Las Vegas Sands is the better investment for your portfolio.
The revised industry guidelines for handling pigs in Canada include more than 100 animal-care rules, including the phase-out by 2024 of stalls that continuously restrict sow movement, hog groups and the Canadian Federation of Humane Societies said on Thursday.
BERLIN, March 6- Europe's hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year.
Darden Restaurants Inc. has canceled its annual analyst meeting, opting instead to meet directly with shareholders and investors. The restaurant operator, which owns chains such as Red Lobster, Olive Garden, LongHorn Steakhouse and Bahama Breeze, confirmed the decision Wednesday.
LOS ANGELES, March 5- Darden Restaurants Inc has canceled its analyst and investor meeting slated for later this month as two activist shareholders lobby for bolder steps to improve performance at its restaurant chains, ranging from Olive Garden to Capital Grille.
Internationally, tourism numbers are strengthening amid rises in business travel, hotel construction and airline trips.
Nathan Blecharczyk, Airbnb co-founder and CTO explains his company's business model and discusses the tax implications they will soon face. Benjamin Horowitz, Andreessen Horowitz general partner, provides insight.
A new report suggests that America's national parks have an economic impact that extends beyond their boundaries.
About half a million Americans legally travel to Cuba every year, and tour professionals are hopeful that policies may change to allow more.
March 2- While Colorado environmental groups work to put a ballot measure before voters this fall that could severely hobble the U.S. energy industry, Whiting Petroleum Corp is busy figuring out where in the state it can spend $10 billion over the next decade. The Denver- based company sees Colorado as key to its plan to sharply boost oil and natural gas production.
NEW YORK, Feb 28- TGI Fridays, the global casual dining restaurant chain known for its red-striped canopies and memorabilia-rich decor, is in advanced talks to sell itself to buyout firm TriArtisan Capital Partners, people familiar with the matter said on Friday.
Darden Restaurants isn't just defending itself against activists. It's also trying keep critical analysts out of the public eye.
McDonald's is planning to expand "build-your-own burger" concept, as it aims to adopt the customization trend in the fast-food industry.
Christopher Nassetta, Hilton Hotels president & CEO, discusses the weather's impact on hotel industry and the company's earnings. Nassetta also explains why he is optimistic with his forecast for 2014 and weighs in on the competition.
The fight to raise the minimum wage is facing a backlash in Seattle, where diners are now grumbling about tips. NBC News reports.
Stripping out impairment charges and other items, earnings were 11 cents per share, or 2 cents better than analyst projections, according to a poll by FactSet. Revenue fell 6 percent to $592.4 million from $629.9 million, short of Wall Street's forecast of $593.4 million.
Feb 27- Hilton Worldwide Holdings Inc, the world's largest hotel operator, reported a 13 percent rise in quarterly revenue as increasing business and leisure travel pushed up occupancy and room rates.
Feb 27- Hilton Worldwide Holdings Inc, the largest U.S. hotel operator by market capitalization, reported a 13 percent rise in revenue due to higher occupancy and room rates at most of its properties. Revenue rose to $2.64 billion in the quarter ended Dec. 31. Total revenue per available room rose 4.7 percent.
Feb 26- Restaurant operator Noodles& Co reported weaker-than-expected fourth-quarter results, blaming the unusually cold winter in the United States, which it also said would hurt results in the current quarter.