Hoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are cranking up the menu innovation to produce items that stray from the gastronomic norm.» Read More
March 8- McDonald's Corp said February sales at established restaurants around the world fell less than expected, giving investors hope that new Chief Executive Don Thompson's strategy is paying off, and lifting shares to an 11- month high.
March 8- McDonald's Corp said on Friday that February sales at established restaurants fell less than expected in the United States and around the globe as customers continued to grapple with economic uncertainty.
LONDON, March 1- Britain's food regulator said on Friday that testing had found horsemeat in ground beef at Taco Bell UK fast-food outlets, a discovery that puts new pressure on parent Yum Brands Inc, which is grappling with a food safety scare in China.
LOS ANGELES, March 1- McDonald's Corp, under pressure from resurgent U.S. rivals, is cutting its Fruit& Walnut Salad and Chicken Selects from U.S. menus and weighing whether to keep its "premium" Angus burgers, a spokeswoman said on Friday.
Feb 28- The Wendy's Co, the second-largest U.S. hamburger chain, reported higher quarterly profit and stuck by its 2013 profit forecast on Thursday, even as its customers face new financial pressures from higher taxes and gasoline costs.
The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
JAKARTA, Feb 25- Indonesian consumers are increasingly opening their wallets, sustaining the country's solid economic growth, but some retailers worry the government may dash the good fortune by imposing restrictions on them.
You know hacking has hit the mainstream when even the biggest names in tech are hit, and when it becomes an Internet meme. And that's exactly what happened over the past week.
A slower period for the economy may be a serious headwind for stocks.
*Wal-Mart, Burger King, Kraft already feeling the pinch. "Unfortunately, the loss of so many middle-class jobs in this country makes it tough," said Gary Rodkin, chief executive of consumer packaged foods company ConAgra Foods, in an interview on Tuesday.
Feb 19- Hackers took over Chrysler's Jeep Twitter account on Tuesday, sending out colorful tweets disparaging the off-road vehicle and company management just a day after Burger King's feed was similarly hijacked.
Can the markets keep advancing? This was the big issue on my emails over the long weekend.
Some of the names on the move ahead of the open.
Hackers breached the Twitter account of fast-food chain Burger King, posting the online equivalent of graffiti and sometimes making little sense.
NEW YORK, Feb 18- Hackers breached the Twitter account of fast-food chain Burger King, posting the online equivalent of graffiti and sometimes making little sense. Burger King Worldwide Inc suspended its Twitter account about an hour after it learned of the attack at 12:24 p.m. EST on Monday, company spokesman Bryson Thornton said in an email.
Feb 15- U.S. securities regulators filed suit on Friday against unknown traders in the options of ketchup maker H.J. Heinz Co, alleging they traded on inside information before the company announced a deal to be acquired for $23 billion by Warren Buffett's Berkshire Hathaway Inc and Brazil's 3 G Capital.
NEW YORK, Feb 15- The S&P 500 dipped in a late decline on Friday as Wal-Mart dropped following a report of a weak start to February sales, though the index just barely extended its streak of weekly gains to seven. Wal-Mart Stores Inc dropped 2.1 percent to $69.30 after Bloomberg News reported a weak start to February sales, citing internal company e-mails.
The surprise deal that saw Berkshire Hathaway and 3G Capital Management swoop in this with a $28 billion bid for ketchup maker H.J. Heinz came with an interesting wrinkle that links two burger giants.
*S&P 500 in longest weekly streak since Dec 2010- Jan 2011. *Herbalife shares soar after Icahn discloses ownership. NEW YORK, Feb 15- U.S. stocks were little changed on Friday as investors once again found few reasons to make big bets with the S&P 500 on track to close out a seventh straight week of gains.
Feb 15- Burger King Worldwide Inc, the third-largest U.S. hamburger chain, on Friday posted higher-than-expected quarterly profit, helped by cost cuts and new holiday sweets, premium sandwiches and special deals that boosted restaurant sales in the United States and Canada.