GO
Loading...

Hotels, Restaurants and Leisure

More

  • March 4- McDonald's Corp's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous' superbugs.'. The world's biggest restaurant chain announced on Wednesday that within two...

  • March 4- McDonald's Corp's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous "superbugs." The world's biggest restaurant chain will announce on Wednesday that within two...

  • Ahead of the Bell: Bob Evans Farms Wednesday, 4 Mar 2015 | 7:40 AM ET

    NEW YORK— Bob Evans Farms' stock is sliding in premarket trading Wednesday as the restaurant operator announced it won't sell or spin off its food products business. Bob Evans Farms Inc. said Tuesday that the finance committee of its board, with the assistance of independent advisers, determined that a sale or spinoff of the BEF Foods business at this time would...

  • Judge: More time needed to seek higher Revel bids Wednesday, 4 Mar 2015 | 1:49 AM ET

    CAMDEN, N.J.— A bankruptcy court judge says more time is needed to seek higher bids for Atlantic City's former Revel Casino Hotel. Judge Gloria Burns delayed a decision Wednesday on the proposed $82 million sale of the shuttered gambling hall to Florida developer Glenn Straub. She did so after Los Angeles developer Izek Shomof expressed interest in buying Revel,...

  • ATLANTIC CITY, N.J.— A Los Angeles developer involved in numerous projects there has made an 11th hour bid to buy Atlantic City's former Revel Casino Hotel. He is reviving the former Rialto Theater in South Pasadena, as well as the former Sears building in downtown Los Angeles. A bankruptcy court judge is to rule Wednesday on a proposed sale of Revel to Florida...

  • Chuy's tops Street 4Q forecasts Monday, 2 Mar 2015 | 4:42 PM ET

    AUSTIN, Texas _ Chuy's Holdings Inc. on Monday reported fourth-quarter profit of $2.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share. Analysts expected $61.6 million, according to Zacks.

  • LAS VEGAS— LAS VEGAS— The gambling gods were not kind to Caesars Entertainment Corp. in the fourth quarter. The losing streak at Caesars Palace, along with the costs to start up new restaurants and properties as well as overhead expenses, was enough to offset encouraging new revenue from its properties online and on the ground, said Caesars Entertainment CEO Gary...

  • Sonic CEO: We're not at peak burger Monday, 2 Mar 2015 | 12:31 PM ET
    An employee delivers food at a Sonic drive-in restaurant in Normal, Illinois.

    Despite the proliferation of fast-food restaurants and burger joints, there's still room for growth, Sonic CEO Cliff Hudson tells CNBC.

  • Sonic shares driven up after strong 2Q sales report Monday, 2 Mar 2015 | 11:15 AM ET

    NEW YORK— Shares of Sonic climbed Monday after the drive-in restaurant chain said a closely watched sales measurement rose by double digits in the second quarter. The Oklahoma City- based company said sales at restaurants open at least a year grew 11.5 percent in the fiscal quarter. Shares of Sonic Corp. advanced $1.72, or 5.4 percent, to $33.51 in morning trading...

  • As tastes change, big food makers try hipster guises Friday, 27 Feb 2015 | 11:12 AM ET

    Nowhere is it evident that the U.S. Taco Co. is an outpost of a chain better known for cheesy gut bombs: Taco Bell. Major companies are testing whether it would pay to tuck away their world famous logos in favor of more hipster guises: PepsiCo, for instance, introduced a craft soda called Caleb's last year and McDonald's opened a cafe that lists lentils and eggplant on...

  • Del Frisco's misses Street 4Q forecasts Friday, 27 Feb 2015 | 6:18 AM ET

    SOUTHLAKE, Texas _ Del Frisco's Restaurant Group Inc. on Friday reported fourth-quarter net income of $5.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Analysts expected $110.1 million, according to Zacks.

  • LONDON, Feb 27- Britain's Restaurant Group, whose chains include Chiquito and Frankie& Benny's, said trading in the new year had started well as it posted an 7.4 percent rise in 2014 profit. The company, which has more than 470 restaurants, about half of which are next to cinemas, said on Friday pretax profit for the year to Dec. 28 rose to 78.1 million pounds, in line with...

  • Red Lion Hotels reports 4Q loss Thursday, 26 Feb 2015 | 6:16 PM ET

    SPOKANE, Wash. _ Red Lion Hotels Corp. on Thursday reported a loss of $4.4 million in its fourth quarter. The Spokane, Washington- based company said it had a loss of 22 cents per share. Keywords: Red Lion Hotels, Earnings Report.

  • Graceland brings Elvis back to his Las Vegas home Thursday, 26 Feb 2015 | 2:01 PM ET

    LAS VEGAS— Graceland will always be home, but Las Vegas is set to be Elvis Presley's home away from home yet again. Officials with Elvis Presley Enterprises Inc. and the Westgate Las Vegas casino-hotel revealed details Thursday of plans for "Graceland Presents Elvis: The Exhibition- The Show- The Experience" expected to open April 23, 59 years to the day when Elvis...

  • NEW YORK— You may think you're immune to transparent sales pitches like "Do you want fries with that?" But the tactics restaurants use to nudge you into spending a little extra may be subtler than you realize. Greg Rapp, a menu consultant in California, says he advises restaurants and fast-food chains to leave those off when listing prices on a menu.

  • Carrols Restaurant reports 4Q loss Thursday, 26 Feb 2015 | 9:01 AM ET

    SYRACUSE, N.Y. _ Carrols Restaurant Group Inc. on Thursday reported a loss of $27 million in its fourth quarter. Carrols Restaurant expects full-year revenue in the range of $810 million to $830 million. Carrols Restaurant shares have increased 11 percent since the beginning of the year.

  • New Jersey approves Resorts casino for Internet gambling Wednesday, 25 Feb 2015 | 6:46 PM ET

    ATLANTIC CITY, N.J.— New Jersey's fledgling Internet gambling market got a new player Wednesday as Atlantic City's Resorts Casino Hotel got the go-ahead to conduct Internet gambling in the state. "Real-time feedback will be an important aspect of our beta period as we further enhance the gaming content and features to produce the best casino experience in New...

  • LONDON, Feb 25- Labor unions and a charity accused fast food chain McDonald's of avoiding around 1 billion euros in tax between 2009 and 2013 by routing revenues through a Luxembourg unit and called on the European Commission to investigate. Corporate tax avoidance has become a hot political issue in Europe and the EU executive has opened investigations into...

  • Uber partners with Starwood, giving hotel points for rides Wednesday, 25 Feb 2015 | 12:02 AM ET

    NEW YORK— Uber is partnering with hotel chain Starwood to give riders a bit more incentive to choose the ride-hailing service over a taxi. Free hotel nights start at 3,000 points for the lowest tier of hotels, like the Four Points by Sheraton Tucson Airport in Arizona, and can be as high as 35,000 points a night for properties like the St. Regis Princeville Resort in...

  • Kona Grill reports 4Q loss Tuesday, 24 Feb 2015 | 5:33 PM ET

    SCOTTSDALE, Ariz. _ Kona Grill Inc. on Tuesday reported a loss of $916,000 in its fourth quarter. For the current quarter ending in March, Kona Grill said it expects revenue in the range of $33 million. Kona Grill shares have risen 15 percent since the beginning of the year.