Worker pay is taking center stage as protesters push for $15-an-hour minimum wage from McDonald's. USA Today looks at how top executives compare.» Read More
LOS ANGELES, May 6- McDonald's Corp, which is testing a variety of new food products as part of a major turnaround effort, on Wednesday said nine southern California restaurants are trying out breakfast bowls made with what is becoming a state dietary staple: kale. McDonald's rivals Chipotle Mexican Grill Inc and other quick-service chains such as Jack in the Box...
Fast-food delivery drivers will become more closely watched when Pizza Hut rolls out a delivery test at 75 locations, USA Today reports.
Shares of the company, known for its square beef burgers and thick "Frosty" milkshakes, rose about 6 percent in premarket trade.
May 6- Wendy's Co, the No.3 U.S. burger chain, reported better-than-expected same-restaurant sales for the first quarter and said it planned to sell its bakery operations in the current quarter. Wendy's, like other burger chains including McDonald's Corp and Burger King Corp, has been selling many company-owned restaurants to franchisees to cut costs and...
The EU's Competition Commissioner said she is examining allegations that McDonald's evaded $1.1 billion in European corporate taxes.
A boost in Panera's business thanks to its additive ban would be a bonus, but it wasn't the real reason behind the move, its CEO said.
Many fast food chains are benefiting as McDonald's copes with its turnaround strategy, says a restaurant analyst.
As McDonald's doubles down to reorganize its company and respond to a fiercely competitive industry, it has another issue to contend with.
McDonald's plans to sell company-owned stores as franchises, a move that its competitors have already embraced.
Unicorns, start-ups valued at $1 billion or more, are Silicon Valley's sexiest bets, and it's a trend about to become increasingly global.
But investors have pushed the shares of some of those restaurants- Shake Shack Inc, Zoe's Kitchen Inc and Habit Restaurants Inc- to sky-high levels that imply growth expectations that may prove hard for the management to deliver. Shake Shack- the big outperformer- is up 260 percent since it went public at the end of January. Based on the number of locations open at...
Panera Bread released a list of additives on Monday that it is banning from its menu by the end of next year.
"Fast Money" traders discussed how to play big moves in names such as McDonald's, Shake Shack and Lululemon.
First it was Starbucks, then Chipotle signed on with this on-demand delivery service. Could Postmates turn around the Golden Arches, too?
May 4- Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more. "This is being driven by a lack of substantial negative news," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle,...
U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.
May 4- Wall Street rose on Monday afternoon as Berkshire Hathaway led finance stocks higher, while shares of McDonald's declined after the fast-food chain's turnaround plan failed to satiate investors. "We just seem to be hanging in an upper range, taking in a rash of earnings and trying to digest if the fundamentals are there to build a platform for us to leg-up...
With the 2016 election looming, big issues weigh on small businesses including the minimum wage, health-care costs, taxes and the credit markets.
May 4- McDonald's Corp's new chief executive officer said on Monday he would reorganize business units, sell restaurants to franchisees and cut costs in a bid to turn the fast-food chain into a "modern, progressive burger company." Shares were down nearly 2 percent in premarket trading, then retraced losses to stand off 0.1 percent at $97.70 on the New York Stock...
McDonald's new CEO Steve Easterbrook announces plans to accelerate refranchising and overhaul its organizational structure.