Headlines about Chipotle possibly stopping to serve its famous guacamole are nothing to worry about. NBC News explains why.» Read More
Burger King Holdings reported a net quarterly profit Friday, reversing a year-ago loss, helped by longer store hours and its low-cost breakfast menu.
Normally, a 40-year-old sandwich would be something to be avoided. Unless you're one of millions who flock to McDonald's each year to chow down on a Big Mac. The triple-decker burger, which helped breed America's super-size culture and restaurants' ever-expanding jumbo meals, is turning 40.
Wendy's International said Wednesday that it now expects to serve breakfast in nearly 750 of its restaurants in the United States and Canada by the end of the current third quarter.
Late last year, in his first and last interview with CNBC following the blowup of the cholesterol drug torcetrapib, I asked new Pfizer CEO, Jeff Kindler, how he could go from "selling chicken" at Boston Market (he used to run the chain for McDonald's) to "selling drugs". Based on the subsequent vibe I got, it was clear that some of the Pfizer media relations people at the time didn't like the question.
Cramer has been bullish on eBay for some time - but he thinks there's a new reason to buy this company and not even the analysts have figured it out yet. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Bill Gates, billionaire chairman and co-founder of Microsoft, disclosed Tuesday that his foundation holds stakes in McDonald's, wireless tower operator Crown Castle International and Progressive, the third-largest U.S. auto insurer.
One year from Wednesday, Aug. 8, the 2008 Olympic Games will begin in Beijing -- focusing the world's attention on China like never before. As part of our one-year countdown to the games, CNBC sent Darren Rovell and Melissa Lee to China for a series of special reports.
I am currently sitting in a McDonald's in Chino, California, where it's about 152 degrees outside. I've been in a corn field all day doing live shots on how companies like Monsanto are investing big money to genetically modify crops so they can withstand drought. Chino is best known for its dairy farms...and, well, you really can't appreciate the smell of the place until you've been here. The flies are so numerous they have their own Congressional district.
Homebuilding stocks continue to rebound from 52-week lows carved out last week while tech investors were encouraged by a number of favorable earnings reports and brightening sentiment.
McDonald's said Wednesday sales at restaurants open at least a year rose more than expected in July, thanks to popularity in its breakfast menu, new offerings and later opening hours.
The Bernanke Fed is being put to its first big test as Fed watchers monitor its handling of the credit drama when it releases its statement at 2:15 p.m. The Fed's one day meeting is not expected to end with any adjustment in rates, but traders are hoping for a tweaking of the Fed statement with language that will soothe some of the anxiety about mortgage and credit markets.
McDonald's, the world's biggest restaurant company, said Monday it reached a deal to sell its Boston Market chicken chain to private equity firm Sun Capital Partners for an undisclosed amount.
I know. Why am I talking about this? You thought this was a sports business blog. Well, this week I've been trying to give you something a little bit different as I'm filing from Beijing. (Programming reminder: Next week, we're taking you behind the business of the 2008 Olympic games. You can watch my stories on CNBC or see them here on the Web site.) Anyway, back to my thought.
Sometimes being too good can work against a company.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Despite predictions that the Dow would be down big, the index posted a triple-digit gain for the second day in a row. So what's the deal?Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Billionaire investor Nelson Peltz, who earlier this week said he was prepared to offer $37 to $41 a share for Wendy's International , told CNBC that he hopes to negotiate "a fair confidentiality agreement" with the fast-food chain.
Stocks rose sharply in the final minutes of trading, with the Dow posting a triple-digit gain, as bargain hunters snapped up beaten down shares after credit jitters weighed on the markets all session. "At some point we have to look at the recent downturn as being slightly overdone," Arthur Hogan, managing director at Jefferies, told CNBC.com.
Starbucks reported a 9% rise in quarterly earnings on Wednesday, helped by more than 1,000 new stores, and stood by its full- year profit outlook, sending its shares up 2.2%.
MasterCard posted results that beat analyst expectations by a much narrower margin than in the past, sending its shares down as much as 12.5 percent in a skittish market Wednesday.
Billionaire investor Nelson Peltz's Trian Partners said it was prepared to offer a takeover bid of $37 to $41 a share for Wendy's International, according to documents filed with the U.S. Securities and Exchange Commission on Monday.