Facebook's latest moves in mobile have demonstrated how messaging is shifting from SMS texts to full-blown content sharing, including money.» Read More
Burger King says it's attracting more customers with its new lower-calorie "Satisfries," but is not ready to call the fries a major success yet.
Oct 28- Burger King Worldwide Inc, known for its Whopper hamburgers, on Monday said it plans to introduce fewer seasonal and limited-time menu items in a bid to help restaurant operators improve profits and speed up service.
Oct 28- Burger King Worldwide Inc reported a better-than-expected third-quarter profit as it slashed costs by franchising more outlets and sales grew outside North America.
Some of the names on the move ahead of the open.
Oct 28- Burger King Worldwide Inc reported a higher quarterly profit as costs plunged and same-restaurant sales grew in Europe, the Middle East, Africa and Asia Pacific. Burger King said net profit rose to $68.2 million, or 19 cents per share, from $6.6 million, or 2 cents per share, a year earlier.
Heinz Co, since that company is now led by Bernardo Hees, the former chief executive of hamburger rival Burger King Worldwide Inc.. The switch will be more apparent overseas than in the United States, as McDonald's only serves Heinz ketchup in two domestic markets- Pittsburgh and Minneapolis, the Pittsburgh Post-Gazette reported on Friday.
After a relationship with Heinz spanning more than 40 years, the fast-food giant is transitioning Heinz out of its restaurants.
Heinz Co, since that company is now led by Bernardo Hees, the former chief executive of hamburger rival Burger King Worldwide Inc.. The switch will be more apparent overseas than in the United States, since McDonald's only serves Heinz ketchup in two domestic markets- Pittsburgh and Minneapolis, the Pittsburgh Post-Gazette reported on Friday.
McDonald's reported quarterly revenue that missed analysts' estimates and warned that global comparable sales for October are expected to be flat.
Burger King announced it expects to serve 10 million orders of its new lower-calorie french fries this weekend as part of a free satisfries promotion.
The average speed at seven drive-thru restaurant chains rose to just more than three minutes, according to a study released Monday.
While French fries are a staple of the fast-food burger business, they have long been vilified by nutrition experts.
McDonald's reported a better-than-expected 1.9 percent increase in global sales in August, helped by stronger sales in Europe.
The push for a living wage raises the question of whether the economics of the fast-food industry allow room for a boost in pay for its workers.
Stocks finished in positive territory Thursday but closed off session highs as lingering worries over Syria put a damper on gains.
In the U.S., Jorge Paulo Lemann is virtually unknown, even though he's behind Heinz ketchup, Burger King and Budweiser beer, Bloomberg Businessweek reports.
You want fries with that? It might not matter Thursday — fast-food workers are planning to strike in protest of their low wages.
Burger King says it will start offering a "French Fry Burger" for a buck, as it looks to fend off McDonald's aggressive push for its Dollar Menu.
Wednesday marks 45 days since the end of the second quarter, or as it's known in the financial community, "13F Day." Some of the world's biggest funds report their holdings.
Light sales in Europe and Asia dragged on McDonald's earnings and revenue, the fast food giant reported on Monday, as the company fell short of Wall Street's expectations.