One fast food CEO says 'sales have been very good since about the middle of June' as lower gas prices boost orders.» Read More
Fast-food workers across the nation went on strike Thursday. So where do the nation's burger flippers earn the least and the most?
Sept 4- Fast-food workers will stage another day of protests in more than 150 U.S. cities on Thursday as they seek a doubling in hourly pay to $15 and the right to form a union. Organizers expect their biggest protest to date, with fast-food workers from McDonald's, Burger King, Wendy's and KFC restaurants expected to walk off the job.
Sept 4- Fast-food workers in more than 150 U.S. cities are planning protests on Thursday to press for a wage increase to $15 an hour and allow them to unionize jobs from the fry-basket at McDonald's to the cash register at Burger King.
Washington must address corporate tax inversions before the tactic further destroys the U.S. corporate tax base, says CVS CEO Larry Merlo.
Public pension funds have major stakes in American firms moving overseas to cut their tax bills. But they are saying little about the strategy.
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.
Burger King's proposed acquisition of Tim Hortons may offer big tax benefits but the real tax winner is likely to be its controlling shareholder.
So Buffett's participation in fast-food chain Burger King Worldwide Inc's purchase of coffee and doughnut chain Tim Hortons Inc- complete with relocation of Burger King's domicile to Canada- might at first blush raise questions about his patriotism.
Given the silence in DC on tax inversions, is it really a policy issue the White House wants to address near-term? Politico's Ben White asks.
Stocks rose on Tuesday after a report had orders for durable goods jumping far more than expected in July.
Contrary to what many observers have speculated, Burger King won't be able to justify much of the Tim Hortons deal through tax advantages.
Here are key things Burger King needs to focus on to avoid a customer backlash over its proposed Tim Hortons merger, says brand expert Leeann Leahy.
Here's how you incentivize companies to do business in the US, not head to Canada like BK, says Michael Yoshikami.
TORONTO, Aug 26- Canada will evaluate Burger King Worldwide Inc's proposed C $12.64 billion bid for Tim Hortons Inc to determine whether it would provide a net benefit to the country, Finance Minister Joe Oliver said on Tuesday.
The $11 billion merger of the burger joint and doughnut shop needs to be put in context, says CNBC's Jim Cramer.
TORONTO, Aug 26- Burger King Worldwide Inc announced plans to buy Canadian coffee and doughnut chain Tim Hortons Inc for C $12.64 billion in a cash-and-stock deal that would create the world's third-largest fast-food restaurant group.
Burger King Worldwide confirmed plans to acquire Tim Hortons, with billionaire Warren Buffett helping to finance the deal.
Wall Street was seen opening flat on Tuesday, with Dow futures marginally higher and S&P 500 futures slightly lower.