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  • NEW YORK/ LOS ANGELES, April 2- McDonald's Corp's announcement that it will raise the average pay at its company-operated U.S. restaurants threatens to complicate an ongoing labor dispute that turns on whether McDonald's can be held responsible for the labor violations of its franchisees. Steve Caldeira, president of the International Franchise...

  • April 2- A federal bankruptcy judge in New Jersey on Thursday said she would approve an $82 million sale of Atlantic City's Revel Casino Hotel to Florida developer Glenn Straub. U.S. Bankruptcy Court Judge Gloria Burns said from the bench that she would sign off on the deal, the third one she has approved. Before that, Brookfield Asset Management backed out of its...

  • LOS ANGELES, April 1- McDonald's Corp plans to raise the average pay of about 90,000 U.S. workers to around $10 an hour, but the increase will not benefit workers at the vast majority of the restaurants, because they are operated by franchisees, who make their own wage decisions. Wal-Mart Stores Inc and other retailers have introduced entry-level wage hikes in...

  • LOS ANGELES, April 1- McDonald's Corp plans to raise the average pay of roughly 90,000 U.S. restaurant workers to around $10 and to tack on benefits such as paid vacations, the fast-food giant said on Wednesday. On July 1, starting wages at McDonald's roughly 1,500 company-operated U.S. restaurants will be $1 above the locally mandated minimum wage.

  • BRUSSELS, March 31- European Union antitrust regulators have asked Luxembourg for information on its tax rulings for McDonald's after labor unions accused the U.S. fast food chain of avoiding taxes, a person involved in the issue said on Tuesday. The move, which neither the EU nor Luxembourg would immediately confirm, falls well short of the proceedings the EU...

  • BRUSSELS, March 31- European Union antitrust regulators have asked Luxembourg for more information on its tax rulings on McDonald's after labor unions and a charity accused the U.S. fast food chain of avoiding taxes, a person involved in the issue said on Tuesday. Umbrella organizations for unions representing millions of workers in the United States and...

  • *China Vanke also eyeing e-commerce. China's biggest commercial property developer by sales is looking at France and Germany to add to its six projects in the United States, United Kingdom, Spain and Australia. "Policy change won't alter the market's fundamental trend; it will only accelerate or prolong cycles of rising or falling prices," President Yu Liang of...

  • TALLAHASSEE, Fla., March 26- A bill to create two casino gambling "destination resorts" in south Florida divided the Republican-controlled statehouse on Thursday, with the expansion of craps, slot machines and high-stakes gaming opposed by family-oriented tourist attractions. Proponents argue that Florida is losing billions in tourism revenue to Caribbean...

  • Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc and Brazilian private equity firm 3 G Capital, will combine with Kraft Foods Group Inc to create the third-largest North American food company, executives said on Wednesday. The deal deepens Buffett's hold on leading U.S. food brands, as well as that of 3 G founder Jorge Paulo Lemann, Brazil's richest man.

  • The world's hottest travel spots: TripAdvisor Tuesday, 24 Mar 2015 | 1:19 PM ET

    TripAdvisor has released its seventh annual Travelers' Choice awards. Heading the list this year? Marrakech, Morocco.

  • Taco Bell serves up breakfast with 'Biscuit Taco' Tuesday, 24 Mar 2015 | 12:01 AM ET
    Taco Bell’s Biscuit Taco

    A year ago, Taco Bell made a run outside its border and gambled on breakfast. Now it's doubling down. Get ready for the Biscuit Taco.

  • Why HSH remains positive on Myanmar   Sunday, 22 Mar 2015 | 8:38 PM ET
    Why HSH remains positive on Myanmar

    Clement Kwok, CEO at Hong Kong & Shanghai Hotels, says Myanmar remains one of the most exciting developing markets.

  • HSH CEO: Pleased with 2014 earnings   Sunday, 22 Mar 2015 | 8:33 PM ET
    HSH CEO: Pleased with 2014 earnings

    Clement Kwok, CEO at Hong Kong & Shanghai Hotels, says the hotelier saw "gains across the board" despite a mixed scene in global markets last year.

  • BERLIN/ LONDON, March 22- Driven by the demands of a new plugged-in generation seeking "authentic" travel experiences with a local feel, the world's biggest hoteliers are moving into a new sector in Europe- the "lifestyle" boutique hotel. After many years focused on baby boomers and business travellers, brands such as Marriott, Hilton, Starwood and InterContinental...

  • March 20- Darden Restaurants Inc said on Friday it was looking at how to "create value" from its real estate, as management installed after last year's activist investor-led coup fights to turnaround its flagship Olive Garden business. Shares in Darden were up 3.6 percent at $67.21 in midday trading on the New York Stock Exchange. During their standoff with...

  • What shareholders think about Starbucks' race idea Wednesday, 18 Mar 2015 | 4:54 PM ET
    A woman walks past a Starbucks cafe in New York.

    Shareholders in Seattle discuss their thoughts on airing out a touchy subject like race while serving up coffee.

  • March 18- Starbucks Corp will begin offering delivery in New York City and Seattle later this year, when it also plans to expand mobile order and pay services across the United States. The new efforts, announced at Starbucks' annual meeting on Wednesday, come as U.S. restaurant chains ranging from McDonald's Corp to Panera Bread Co turn to technology to increase...

  • March 18- Starbucks Corp will begin offering delivery in New York City and Seattle later this year, when it also plans to expand mobile order and pay services across the United States. The new efforts, to be announced at Starbucks' annual meeting on Wednesday, come as U.S. restaurant chains ranging from McDonald's Corp to Panera Bread Co turn to technology to...

  • Smashburger CEO: IPO an option at some point Tuesday, 17 Mar 2015 | 5:21 PM ET
    Smashburger CEO Scott Crane

    While Smashburger may consider going public "at some point," right now it has big plans to grow, CEO Scott Crane told CNBC.

  • Selfie much? The best bars for St Patrick's Day Monday, 16 Mar 2015 | 4:00 PM ET
    St Patrick's Day revelers leave a pub after attending St Patrick's Day parade on Fifth Avenue in New York.

    Global Wireless measured the reception quality at 20 of Manhattan's best Irish bars to see where it will be best to party on St. Patrick's Day.