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Sept 3- Yum Brands Inc estimated same-store sales in China fell about 13 percent in the third quarter and continue to decline, hurt by a food safety scare in late July when a former supplier was said to have used expired meat.
Starbucks has been successful for years but as with any famous coffee chain, there is a history behind the success.
From the first Starbucks store to a variety of latte options now, here are some key moments in Starbucks history.
McDonald's will increase the number of audits it conducts of suppliers in China, after a food scandal in July dented China sales.
SHANGHAI, Sept 2- McDonald's Corp will increase the number of audits it conducts of suppliers in China, the firm said on Tuesday, after a food scandal in July dented China sales at the U.S. fast food chain and rival Yum Brands Inc. Industry insiders had told Reuters that suppliers in China often knew about audits in advance.
LONDON, Sept. 2- Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain's aggressive tax-reduction strategies in recent years. They say it will allow Burger King to avoid paying some U.S. taxes.
Up to 1.5 million shares of Kraft stock are being offered as part of the company’s new “social stock plan”.
The stocks analysts loved going into the year — their must-buys if you will — have delivered big time. USA Today reports.
Wal-Mart may be poised to shake up primary health care by opening in-store branded clinics with care at price that's hard to match.
Jim Cramer thinks some investors are looking for tech in all the wrong places; lookin for tech in all the same faces.
Payments provider Square is in the process of raising capital at a $6 billion valuation, according to sources familiar with the matter.
The $11 billion merger of the burger joint and doughnut shop needs to be put in context, says CNBC's Jim Cramer.
Shares of Tim Hortons surged on news that Burger King may buy it. The Canadian company's stock may yet have room to run.
NEW YORK/ TORONTO, Aug 24- Burger King is in talks to acquire Canadian coffee and doughnut chain Tim Hortons Inc in a deal that would create a fast food powerhouse with a market capitalization of roughly $18 billion.
Amid rising beef and cheese prices, what exactly does a dollar buy these days? Not a whole lot, as it turns out.
Raj Mahal left Wall Street for stand-up comedy. He doesn't miss being on BlackBerry 24/7 but here are 7 things he really misses about Wall Street.
*U.S.- Russia ties soured by Ukraine crisis. MOSCOW, Russia, Aug 21- Russia said on Thursday it was investigating dozens of McDonald's restaurants, in what many businessmen said was retaliation for Western sanctions over Ukraine they fear could spread to other symbols of Western capitalism.
Aug 19- Kroger Co, the largest U.S. supermarket operator, is the latest high-profile company caught in the battle over gun rights and gun control in the United States.
Joining rivals, McDonald's plans to start selling its packaged coffee at supermarkets nationally by early next year.
Beginning on August 26, some customers will be able to get their first Pumpkin Spice Latte fix of the year. Here's how...