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  • Meat supplier in China food scandal grew with McDonald's Wednesday, 23 Jul 2014 | 8:32 PM ET

    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".

  • Meat supplier in China scandal has global reach Wednesday, 23 Jul 2014 | 3:16 PM ET

    OSI Group, a privately-held company based in Aurora, Illinois, was thrust into the spotlight this weekend when a Chinese TV station reported that one of its Shanghai plants repackaged old beef and chicken and slapped new expiration dates on them.

  • SHANGHAI/ LANGFANG, China, July 23- Yum Brands Inc's China division severed ties to OSI China after Shanghai police detained five people from that supplier's meat processing factory at the center of a food safety scare that has ensnared several major Western brands.

  • July 23- Yum Brands Inc's China division has stopped buying from OSI China, after Shanghai police detained five people connected to the meat supplier's factory at the center of a new food safety scandal, Yum said on Wednesday.

  • 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.

  • China detains employees of suspect meat seller Wednesday, 23 Jul 2014 | 1:51 AM ET

    Some of the illegal conduct was an "arrangement organized by the company," the deputy director of the agency's Shanghai bureau, Gu Zhenghua, told the official Xinhua News Agency. Those in criminal detention include Husi's quality manager, the Shanghai police department said on its microblog account.

  • SHANGHAI, July 23- Food safety violations at Shanghai Husi Food Co Ltd, a supplier to global brands including McDonald's Corp and Yum Brands Inc, were company-led and not the acts of individuals, the official Xinhua news agency said, citing the Shanghai food and drug watchdog.

  • SHANGHAI, July 23- A Chinese food watchdog said food safety violations at Shanghai Husi Food Co Ltd, a supplier to global brands including McDonald's Corp and Yum Brands Inc, were company-led and not the acts of individuals, the official Xinhua news agency reported late on Tuesday.

  • Cramer: Chipotle, McDonald’s telegraph food trend Tuesday, 22 Jul 2014 | 6:21 PM ET
    Jim Cramer at the Mad Money MM2K show.

    “They are making statement about what people want to eat and, as a result, what investors should want to buy,” said Cramer.

  • Final Glance: Restaurant companies Tuesday, 22 Jul 2014 | 6:02 PM ET

    Brinker International Inc. rose$. 08 or. 2 percent, to $45.14. Chipotle Mexican Grill Inc. rose $69.84 or 11.8 percent, to $659.77. Papa John's International Inc. rose$. 71 or 1.7 percent, to $41.78.

  • Stocks end higher on earnings, Fed-friendly data Tuesday, 22 Jul 2014 | 4:49 PM ET

    U.S. stocks rose on Tuesday, building on gains after CPI rose in June, with sentiment also stabilized by encouraging earnings reports.

  • July 22- McDonald's Corp feels "a bit deceived" by the audit it received for Shanghai Husi Food Co Ltd, a China supplier that was shut down this week after a TV report showed workers mishandling meat, Chief Executive Don Thompson said on Tuesday.

  • McDonald's problems self-inflicted?     Tuesday, 22 Jul 2014 | 2:50 PM ET

    As McDonald's profits slip and Chipotle soars, R.J. Hottovy, Morningstar, discusses what's gone wrong for McDonald's and if their problems are self-inflicted or market based.

  • Midday Glance: Restaurant companies Tuesday, 22 Jul 2014 | 1:57 PM ET

    Brinker International Inc. rose$. 44 or 1.0 percent, to $45.50. Chipotle Mexican Grill Inc. rose $76.92 or 13.0 percent, to $666.85. Darden Restaurants Inc. rose$. 19 or. 4 percent, to $44.21.

  • McDonald's 'a bit deceived' after China meat audit Tuesday, 22 Jul 2014 | 1:44 PM ET
    Workers producing food at the Shanghai Husi Food Co., a factory of US food provider OSI Group, on July 20, 2014, in Shanghai.

    An audit of supplier Shanghai Husi Food left McDonald's "a bit deceived" following news of expired meat being served at its China locations.

  • July 22- McDonald's Corp Chief Executive Don Thompson said the company feels "a bit deceived" by the audit it received for China supplier Shanghai Husi Food Co Ltd, which was shut down after a television report showed workers mishandling meat and mixing fresh meat with product past its expiration date.

  • Russian unrest hits key McDonald's market Tuesday, 22 Jul 2014 | 1:17 PM ET
    A logo on display outside a McDonald's food restaurant in Moscow, Russia.

    As McDonald's discussed another tough quarter with analysts, it singled out the shaky situation in Russia as part of its recent problems.

  • Midday movers: Herbalife, Lennar, McDonald's & More Tuesday, 22 Jul 2014 | 1:07 PM ET
    Trader on the floor of the New York Stock Exchange.

    Some of Tuesday's midday movers:

  • Early Glance: Restaurant companies Tuesday, 22 Jul 2014 | 11:16 AM ET

    Brinker International Inc. rose$. 40 or. 9 percent, to $45.46. Chipotle Mexican Grill Inc. rose $68.90 or 11.7 percent, to $658.83. Darden Restaurants Inc. rose$. 20 or. 5 percent, to $44.22.

  • July 22- Quarterly profit at McDonald's Corp fell more than expected after established restaurants in its struggling U.S. division turned in a third straight quarterly sales decline and results from Europe also logged a surprise drop.