July 23- Eight months ago in front of a crowd of food industry executives gathered at a fancy Chicago hotel, a top McDonald's Corp executive lauded the boss of meat supplier OSI Group for his dedication to the fast-food giant's "McFamily".» Read More
SHANGHAI, July 23- Shanghai police said on Wednesday they detained five people in an investigation into a Chinese-based supplier of foreign fast-food brands, including KFC, McDonald's Corp and coffee chain Starbucks Corp, over allegations the firm supplied old and rotten meat.
Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle Mexican Grill and the cable giant Comcast surged after reporting better results than Wall Street expected. The Dow Jones industrial average rose 61.81 points, or 0.4 percent, to close at 17,113.54.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Chipotle Mexican Grill Inc., up $69.84 to $659.77. The commercial financing company is buying OneWest Bank in a $3.4 billion cash-and-stock deal, adding retail branches in California.
Silicom Ltd. fell 23.6 percent to $29.83. TG Therapeutics fell 13.9 percent to $8.26. Del Frisco's Restaurant Group fell 12.0 percent to $22.21.
NEW YORK— Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle and the cable giant Comcast surged after reporting better results than Wall Street expected. COMMENT: "The news today is pretty good," said JJ Kinahan, chief strategist at TD Ameritrade.
*Starbucks, Burger King, Dicos pull products from Shanghai Husi. SHANGHAI, July 22- A toxic food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc and others, as well as McDonald's products as far away as Japan.
*Starbucks says has pulled chicken products from Shanghai Husi. SHANGHAI, July 22- A toxic food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc and others, as well as products of McDonald's Corp as far away as Japan.
July 21- Burrito chain Chipotle Mexican Grill Inc last quarter achieved what many of its rivals could only dream of: It raised prices, yet attracted more diners during a period of sluggish economic growth. Rival Panera Bread Co was on a similar trajectory until last year, when "operational friction" caused it to stumble on speed.
It once owned a handful of stores in New York City, Seattle and Philadelphia but closed most, including one in Times Square, in 2010.. At the same time Starbucks Corp last week opened its first store in Colombia 43 years after the world's biggest coffee chain began buying beans from the country famous for its premium arabica coffee.
*McDonald's warns may face China product shortfall. *Incident highlights broader China food supply chain issues. SHANGHAI, July 21- McDonald's Corp and Yum Brands Inc are facing a new food safety scare in China, denting the fast food giants' efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets.
BEIJING— McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.
Farm-to-table meals have become so popular that hotels are now getting in the game by offering prepared meals using food hooked or shot by guests.
Here is a look at how gambling revenue and employment have changed since casinos launched in Atlantic City in 1978:. Dec. 29, 1979: Bally's Atlantic City opens. Aug. 13, 1980: Sands Casino Hotel opens.
July 17- Yum Brands Inc's disappointing Pizza Hut and Taco Bell results, along with other data, suggested the U.S. fast-food business remained weak in the second quarter and that industry leader McDonald's Corp continues to struggle. The fast-food guys are stuck, " Investment Technology Group restaurant analyst Steve West said.
Many cities claim to have the best dining scene – be it the U.K., home to chefs like Gordon Ramsay, or the U.S, with its thriving foodie scenes.
Stephen Ng, Deputy Chairman & MD at Wharf Holdings, introduces the firm's new luxury hotel and outlines its expansion strategy in the mainland.
July 16- Starbucks Corp opened its first shop in Colombia on Wednesday, 43 years after the world's biggest coffee chain first started buying beans from the country famous for its premium arabica coffee named after fictional coffee farmer Juan Valdez.
July 16- Starbucks Corp opened its first shop in Colombia on Wednesday, 43 years after the world's biggest coffee chain first starting buying beans from the country known for its premium arabica coffee. It and all other Starbucks stores in Colombia will be the company's first to serve only locally sourced coffee.
Making cocktails at home isn't a bargain if your DIY drinks aren't as good. Avoid these mistakes for a better drink—and better value.
Distancing itself from financial meltdown, Citigroup agrees to $7 B settlement over mortgages AbbVie hikes offer to Shire once again, drugmakers enter detailed talks on combination Mylan to buy Abbott's branded generic-drug businesses outside US for $5.3 B in stock US stocks march higher on acquisition and earnings news; Citigroup gains Samsung suspends business with Chinese supplier after child labor allegation VW to build new seven-passenger SUV in Tennessee, add 2,000 jobs Norwegian Cruise Line says it ordered 2 new cruise ships for a total of $2.18 B Unions say talks with MTA have broken down, LIRR strike likely this weekend Manchester United lands $1.3 billion, 10- year uniform deal with Adidas Atlantic City casino revenue increased by 4 percent in June, when shuttered site excluded