Multi-platinum recording artist Chris Daughtry, discusses joining McDonald's as a judge and mentor for its "Voice of McDonald's" global singing competition for employees.» Read More
March 19- FedEx Corp on Wednesday reported lower-than-expected results for the holiday quarter and gave a fiscal-year profit forecast below Wall Street estimates, the latest in a line of companies saying they were hurt by winter storms. Shares of FedEx were down 0.2 percent at $138.29 in morning trading.
Noodles' Kevin Reddy weighs in about possible increases in the minimum wage and why his restaurant chain has a no-tip policy.
The owner of seven franchised McDonald's restaurants in Manhattan agreed to pay almost $500,000 to workers who were required to work 'off the clock.'
CNBC's Eunice Yoon reports how McDonald's is making a push to upgrade its menu to better meet Chinese consumer needs.
Japan's Nikon was stung at the weekend by criticism from China's state broadcaster CCTV for selling defective products and poor customer service.
As competition in China's fast food industry stiffens, McDonald's is localizing its menu with local favorites like pork bites and soy milk. CNBC's Eunice Yoon reports.
Breakfast is increasingly the restaurant meal to watch although analysts say entering the space is no slam dunk.
SHANGHAI, March 16- Japan's Nikon Corp has moved to allay consumer fears in China after being criticised on a closely watched consumer show that said the camera maker had sold defective products in China and denied local consumers fair treatment in aftersales service.
This is the latest in a string of actions by fast-food workers, many of whom earn minimum wage, to protest how much they are paid.
Some of Tuesday's midday movers:
Stocks fell on Monday, a session after the S&P hit another all-time high.
Why McDonald's is facing pressure from its competitors, with Peter Saleh, Telsey Advisory Group.
McDonald's reported a bigger-than-expected drop in sales for February, with competition and bad weather battering U.S. sales.
NEW YORK, March 10- U.S. stocks edged modestly lower on Monday, and the S&P 500 held near record highs, as investors largely shrugged off unexpectedly weak data in China. "I don't think it's disruptive to the way people are looking at China as an economy that has lost some of its hyperbolic move and that is almost welcome."
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales for February, hurt again by slow business in the United States. McDonald's Chief Financial Officer Pete Bensen said in a press release that the unchanged global comparable sales so far this year "will pressure margins" in the first quarter.
Jeffrey Bernstein, Barclays analyst, provides insight on McDonald's global sales, where both the U.S. and Asia saw sales decline, whereas Europe provided the only bright spot.
NEW YORK, March 10- U.S. stocks were set to open slightly lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data in China which tempered enthusiasm over the strength of the global economy.
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, hurt by competition and bad weather that battered U.S. sales. In Europe, which has edged out the United States as the company's biggest revenue market, restaurant sales last month rose 0.6 percent.
R.J. Hottovy, Morningstar analyst, breaks down McDonald's same-store sales numbers. We are continuing to see weakness in the U.S., says Hottovy.
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, with competition and bad weather battering U.S. sales. The world's biggest restaurant chain by revenue said worldwide sales at restaurants open at least 13 months fell 0.3 percent last month.