A top executive at White Castle said a $15-an-hour minimum wage will force it to close nearly half of its locations and lay off thousands of workers.» Read More
Starbucks is known for roasting coffee—but in the case against a small family-run rival, the coffee giant itself got roasted.
It only takes a little bitcoin to enjoy a big sandwich at one Subway location. An Allentown, Pa. shop has made history by accepting bitcoins.
McDonald's is launching a new experiment with premium-quality, build-your-own-burgers, The Orange County Register reported.
McDonald's plans to spend up to $3 billion next year to open 1,500 new restaurants and remodel 1,000 others.
Nov 14- McDonald's Corp on Thursday said it plans to spend $2.9 billion to $3 billion next year to open 1,500 to 1,600 new restaurants and remodel about 1,000 others- roughly in line with this year's reduced spending forecast.
The "Squawk on the Street" team and Julia Stewart, DineEquity CEO, discuss what Dine is doing to honor military veterans, and what led to the company's turnaround of its IHOP and Applebee's franchises.
McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan.
Nov 8- McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan. Global sales at restaurants open for more than a year rose 0.5 percent in October, but the growth was below the average analyst estimate of 0.6 percent, according to nine analysts polled by Thomson Reuters.
Nov 8- McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan and remained weak in the United States. In Europe, sales rose 0.8 percent as more customers ate at its restaurants in the UK, France and Russia.
Fast food giants are battling with Brazil's independent outlets to gain a foothold in the country's expanding fast food market.
Since 2005, food companies have eliminated over 73 percent of the transfats in their products.
Shares of Wendy's, the second-largest U.S. hamburger chain, plunged after the fast food chain reported lower-than-expected quarterly revenue.
Nov 7- Canadian coffee and doughnut chain Tim Hortons Inc reported an 8 percent rise in quarterly profit as same-store sales improved slightly in the United States. The company, which says it sells eight of every 10 cups of coffee sold in Canada, said U.S. same-store sales rose by 3 percent, while same-store sales in Canada increased 1.7 percent.
Nov 7- Wendy's Co, the second-largest U.S. hamburger chain, reported lower-than-expected quarterly revenue, sending its shares down 9 percent in premarket trading. The company's third-quarter revenue rose about 1 percent to $640.8 million but missed the average analyst estimate of $643.4 million, according to Thomson Reuters I/B/E/S.
*Third-quarter earnings/share $0.11 vs est $0.11. Nov 6- Restaurant operator Noodles& Co reported lower-than-expected revenue in its second quarter as a public company, citing a tepid consumer spending environment.
The fast food burger wars are intensifying. CNBC's Jane Wells reports on Burger King's new "Big King" hamburger that looks a lot like McDonalds' "Big Mac."
On this week's "$ave Me," Kelli Grant gives tips on how to save money on date night.
Coffee wars between top U.S. brands are set to intensify as coffee houses battle to attract the Hispanic consumer.
It might sound like whacky science, but the latest food revolution is an attempt to bring sustainable food to the fore.
VANCOUVER, Oct 29- A silver and blue ATM, perched up next to the espresso bar in a trendy Vancouver coffee shop, could launch a new era for the digital currency bitcoin, offering an almost instant way to exchange the world's leading virtual money for cash.