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Hotels, Restaurants and Leisure

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  • Retailers Walgreen Co and Payless Shoesource Inc, and hotel chain group Choice Hotels International Inc on Tuesday followed the lead of General Mills Inc in removing their ads from the program. "We share your concerns and we have decided to remove our advertising from the show," said Choice Hotels, which runs Comfort Inn and Econo Lodge chains, among others.

  • May 26- Taco Bell and Pizza Hut, two of Yum Brands Inc's largest restaurant chains, said they would remove artificial colors and flavors from their food as consumers shift to products perceived as healthier. Taco Bell said on Tuesday it planned to replace all artificial flavors and colors and some additives such as trans-fats in its foods with natural...

  • Marriott: 'Hotel occupancy still good in Macau'   Monday, 25 May 2015 | 9:16 PM ET
    Marriott: 'Hotel occupancy still good in Macau'

    Simon Cooper, managing director for Asia Pacific at Marriott International, says occupancy rates in Macau are unaffected by the fall in gaming revenues hence the decision to open the 1,000-room JW Marriott.

  • JOHANNESBURG, May 25- South African fast-food restaurant group Famous Brands plans to enter Ghana this year as part of its drive to grow beyond a domestic market held back by high unemployment and sharply rising electricity costs. However the company, which runs Steers, Debonairs Pizza and Wimpy restaurants, said on Monday it was pulling out of India less than...

  • Shake Shack extends run on "chicken shack" talk Friday, 22 May 2015 | 2:04 PM ET

    NEW YORK— Shake Shack's shares surged to another record high Friday, fueled in part by speculation that the hamburger chain could be thinking about dishing out chicken. Last month, a unit apparently tied to Shake Shack's parent company applied to trademark the words "Chicken Shack" for chicken sandwiches. Earlier this month, Shake Shack Inc. reported...

  • BOSTON— Passengers on a cruise ship that ran aground on a reef near Bermuda during a seven-day vacation shrugged their shoulders and said the mishap was no big deal as they disembarked Friday. "It was really nothing... and we got another day in Bermuda. Fran Kinsall, of New London, Connecticut, was calmed by her husband's Navy experience.

  • LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders defied executives at its annual meeting on Thursday, approving a proposal to make it easier to nominate directors to the board of the fast-food chain and taking its new CEO to task over wages, advertising and its food. McDonald's Chief Executive Steve Easterbrook, who took the helm on March 1, is fighting on...

  • LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders on Thursday approved a proposal that would make it easier to nominate directors to the board of the fast-food chain, which is in turnaround mode after losing customers and sales to competition and after internal missteps. The California Public Employees' Retirement System and the New York City Pension...

  • Hotel outlook sunny but dark clouds loom   Thursday, 21 May 2015 | 7:23 AM ET
    Hotel outlook sunny but dark clouds loom

    Jonathan Tisch, Loews Hotel chairman, shares his outlook on tourism, and weighs in on the strong U.S. dollar and whether there is a hotel room glut in New York City.

  • LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders will vote Thursday on a proposal that would make it easier to nominate directors to the board of the fast-food chain, which is in turnaround mode after losing customers and sales to competition and after internal missteps. Vanguard Group and BlackRock Inc, major investors that hold significant stakes in...

  • CHICAGO, May 20- Thousands of McDonald's workers seeking a minimum wage of $15 per hour swarmed the fast-food giant's headquarters for the first of two days of protests to coincide with the fast-food chain's annual meeting on Thursday. Companies such as McDonald's Corp and Wal-Mart Stores Inc are raising starting pay and cities like Seattle and Chicago are...

  • ALBANY, N.Y.— Fast-food workers raised their voices across New York on Wednesday to demand a $15- an-hour minimum wage, calling on Gov. On Tuesday the Los Angeles City Council endorsed a plan to raise the city's minimum wage to $15 an hour. Seattle and San Francisco have approved a series of increases to take their minimum wages to $15 within a few years.

  • Cruise ship freed from reef off Bermuda departs for Boston Wednesday, 20 May 2015 | 12:07 AM ET

    SAN JUAN, Puerto Rico— Nearly 3,500 passengers and crew were allowed to disembark Wednesday in Bermuda after their cruise ship became grounded on a reef close to the British island as it tried to depart for Boston. The ship ran aground as it departed Bermuda after a temporary malfunction in the steering system forced it slightly off course, the company said.

  • Cruise ship freed after running aground off Bermuda Tuesday, 19 May 2015 | 7:15 PM ET

    SAN JUAN, Puerto Rico— Thousands of passengers bound for Boston will spend Tuesday night stuck aboard a Norwegian cruise ship after it ran aground as it tried to depart Bermuda, officials and passengers said. The ship hit the reef near Bermuda's North Channel and is in a stable position, an official with Bermuda's Rescue Coordination Center told The Associated...

  • GREENWOOD VILLAGE, Colo.— Red Robin Gourmet Burgers Inc. said Tuesday that its first-quarter profit rose as more customers visited and paid more on average per visit. Revenue for the Greenwood Village, Colorado- based company climbed to $394.9 million from $340.5 million, which also beat Wall Street forecasts. Red Robin's total revenue includes company-owned...

  • Why Asia's first Nobu Hotel is in Manila   Monday, 18 May 2015 | 7:20 PM ET
    Why Asia's first Nobu Hotel is in Manila

    CNBC's Susan Li speaks to Robert de Niro and his business partners about why they chose to open Asia's first Nobu Hotel in the Philippines.

  • INDIANOLA, Miss.— Outside Indianola, B.B. King was a blues superstar, a guitar legend who inspired Jimi Hendrix, Eric Clapton and countless other musicians. He would stay there practically all day, "said Ruthie King, a 65- year-old who is not related to the bluesman. B.B. King, born as Riley B. King, died at 89 on Thursday at his home in Las Vegas.

  • May 15- Some of the top U.S. hedge fund investors and activists, including Jana Partners LLC took new positions or raised their equity stakes in fast food chain McDonald's Corp during the first quarter, according to regulatory filings on Friday. Highfields Capital Management LP raised its stake more than 1,000 percent to 9.8 million shares, valued at about...

  • WILKES-BARRE, Pa.— A northeastern Pennsylvania judge has ruled that more than 2,000 people can take the owners of 16 McDonald's restaurants to court over their practice of paying employees with fee-laden debit cards. Former McDonald's employee Natalie Gunshannon and four other people who worked for the franchise owners filed suit in 2013, saying the...

  • King Digital and Pollo Loco are big market movers Friday, 15 May 2015 | 4:37 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. King Digital Entertainment Plc., up 8 cents to $15.07. Darling Ingredients Inc., up $1.55 to $15.64.