Hotels, Restaurants and Leisure


  • BJ's Restaurants tops 1Q profit forecasts Thursday, 23 Apr 2015 | 4:51 PM ET

    HUNTINGTON BEACH, Calif. _ BJ's Restaurants Inc. on Thursday reported first-quarter net income of $9.6 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. BJ's Restaurants shares have increased slightly more than 6 percent since the beginning of the year.

  • Starbucks stock perks up as key metric beats Thursday, 23 Apr 2015 | 4:04 PM ET
    A woman walks past a Starbucks cafe in New York.

    Coffee retailer Starbucks met earnings and revenue estimates and reported a key restaurant metric that topped analysts' forecasts.

  • Americans dial up more Domino's pizzas in first quarter Thursday, 23 Apr 2015 | 7:54 AM ET

    NEW YORK— Domino's reported a higher quarterly profit on Thursday as an uptick in pizza orders drove up sales in the U.S. Earlier in the week, Yum Brands said sales at established Pizza Hut locations in the U.S. declined 1 percent. To improve results, Pizza Hut recently revamped its menu to let people build their own pies with a wider range of crust flavors and...

  • Cruise line to offer free drinks on Miami-based ship Thursday, 23 Apr 2015 | 6:00 AM ET

    MIAMI— Norwegian Cruise Line is offering free booze to attract more customers on short cruises out of Miami. The Miami Herald reports the company slightly raised the base price of cruises on the 2,204- passenger ship for next year, but not as much as it would cost to buy a drinks package on other cruise lines. Information from: The Miami Herald,...

  • *Visa, MasterCard rise as China opportunity seen. April 22- U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings. Visa ended 4.07 percent higher at $68.01 after hitting a record high of $69.98, while MasterCard closed up 3.91 percent...

  • *Visa, MasterCard rise as China opportunity seen. Visa gained as much as 7.1 percent to hit a record of $69.98, while MasterCard came shy of its all-time high, after China said it would open up its market to foreign firms for clearing domestic bank card transactions. MasterCard was up 4.04 percent at $91.31.

  • Job fair a hope for laid-off Atlantic City casino workers Wednesday, 22 Apr 2015 | 12:37 PM ET

    ATLANTIC CITY, N.J.— There were only about 100 jobs available, and most of them will last for only three months. But that did not discourage a large crowd of applicants looking for work Wednesday at The Chelsea, a boutique non-casino hotel in Atlantic City. Among them was Ronald Roberts, who lost his job as a cook when the Showboat casino shut down last August.

  • McDonald's plots turnaround as sales continue to slide Wednesday, 22 Apr 2015 | 8:09 AM ET

    OAK BROOK, Ill.— McDonald's first-quarter profit fell, partly because of sliding sales, costs to close underperforming restaurants and a stronger dollar. For the first quarter, McDonald's earned $811.5 million, or 84 cents per share, for the period ended March 31. That compares with $1.2 billion, or $1.21 per share, a year earlier.

  • McDonald's revenue falls 11 percent Wednesday, 22 Apr 2015 | 8:08 AM ET

    April 22- McDonald's Corp, the world's biggest restaurant chain, reported an 11 percent fall in quarterly revenue as it fights to recover from food scandals in China and Japan and faces tough competition at home in the United States. Net income fell 32.6 percent to $811.5 million, or 84 cents per share, in the first quarter ended March 31, from $1.20 billion, or $1.21...

  • Chipotle: Carnitas shortage to persist for months Tuesday, 21 Apr 2015 | 4:09 PM ET

    NEW YORK— Bad news for die-hard carnitas fans: Chipotle said it doesn't expect its pork shortage to fully recover until closer to the end of the year. The Denver- based company said Tuesday it is working with suppliers to get pork back in its roughly 1,800 restaurants by the fourth quarter, which begins in October. While the increase would be enviable for many other...

  • Chipotle disappoints Street on key sales metric Tuesday, 21 Apr 2015 | 4:02 PM ET
    A Chipotle restaurant in New York.

    Chipotle Mexican Grill stock fell after it delivered a mixed report on Tuesday.

  • Amazon starts travel service Amazon Destinations Tuesday, 21 Apr 2015 | 2:57 PM ET

    The travel service offers deals on hotels and getaways in three metro areas, Los Angeles, New York and Seattle, and their surrounding regions. Some examples of hotels included are Suncadia Resort near Seattle, which has a golf course and hiking trails, or Two Bunch Palms, a hot springs spa resort in Los Angeles. It pits Amazon against travel service sites like...

  • The IPO filing follows the successful listing of hamburger chain Shake Shack Inc in January and Habit Restaurants Inc in November. Fogo de Chao, back by private equity firm Thomas H. Lee Partners LP, has 26 restaurants in the United States and nine in Brazil, according to a regulatory filing on Monday. Fogo de Chao started as a restaurant in Porto Alegre, Brazil, in...

  • Brinker International tops fiscal 3Q profit forecasts Tuesday, 21 Apr 2015 | 7:57 AM ET

    DALLAS— Brinker International Inc.' s fiscal third-quarter profit came in ahead of market expectations but slower sales trends led to disappointing revenue for the restaurant operator. The Dallas- based company, which operates the Chili's Grill& Bar and Maggiano's Little Italy chains, said Tuesday that it earned $65.4 million, or $1.02 per share, for the most...

  • Condé Nast's 2015 hot hotels list   Tuesday, 21 Apr 2015 | 6:51 AM ET
    Condé Nast's 2015 hot hotels list

    Pilar Guzman, Condé Nast Traveler reveals the top names and locations of the world's best properties, including the Raj Mahal in Jaipur, India, and Natucket's 21 Broad, where travelers can stay for under $200 per night.

  • SHANGHAI, April 21- China's Baoding Tianwei Baobian Electric Co Ltd said it has not yet raised enough funds to make a bond interest rate payment due later on Tuesday. "As of the time of this announcment, our company has not yet raised the funds to pay interest, and the probability of making the payment has become highly uncertain," a notice posted by the company on the...

  • The IPO filing follows the successful listing of hamburger chain Shake Shack Inc in January and Habit Restaurants Inc in November. Fogo de Chao, back by private equity firm Thomas H. Lee Partners LP, has 26 restaurants in the United States and nine in Brazil, according to a regulatory filing on Monday. Fogo de Chao started as a restaurant in Porto Alegre, Brazil, in...

  • LAS VEGAS— Elaine Wynn said Thursday she has her ex-husband Steve Wynn's endorsement in her battle to remain on the board of the casino-hotel company they co-founded. Elaine Wynn cited statements the Wynn Resorts Ltd. CEO made on Charlie Rose's interview show this week that he didn't agree with the board's decision not to re-nominate her.

  • Why dining out surpassed grocery sales: Economist Wednesday, 15 Apr 2015 | 6:09 PM ET
    Millennials dining out

    Americans are now spending more money dining out than in grocery stores. Here's why, according to economist Chris Low.

  • LA rally calls for higher wages for fast-food workers Wednesday, 15 Apr 2015 | 2:20 PM ET

    LOS ANGELES— Demonstrators filled a major street outside a Los Angeles McDonald's restaurant on Wednesday to protest low wages for fast-food workers. Chanting "Fight for 15," the demonstrators filling Figueroa Street near the University of Southern California included members of unions, college students and clergy. They need a living wage, "said Duncan Gammy,...