Strikes against fast-food restaurants have called for the minimum wage to increase to $15, but the side effects of such a jump are unclear.» Read More
Testing has confirmed that beef lasagna produced by food manufacturer Findus contained horsemeat, Britain's Food Standards Agency (FSA) said on Thursday.
McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.
McDonald's warned that it expects global sales to be lower this month — a prediction that one analyst said investors should be eye.
McDonald's reported a stronger-than-expected 2.4 percent rise in November sales, helped by strength in breakfast in the U.S. and lower-priced offerings in Europe.
Oct 29- Burger King Worldwide Inc turned in stronger-than-expected U.S. and Canadian restaurant sales for the latest quarter- when rival McDonald's Corp posted its worst quarterly restaurant sales growth in nine years.
*Burger King 3rd- quarter sales fall 26 pct. Oct 29- Burger King Worldwide Inc reported a better-than-expected profit on Monday as new items on the fast-food chain's menu and accompanying advertising campaigns helped boost same-restaurant sales in the United States and Canada.
NEW YORK- Hurricane Sandy, the monster storm bearing down on the U.S. East Coast, strengthens after hundreds of thousands move to higher ground, public transport shuts down and the U.S. stock market suffers its first weather-related closure in 27 years (STORM-SANDY/ moved, pix, tv, graphic, by Daniel Trotta, 910 words). Politics puts Italy, Spain back in market focus.
1530,1930 GMT- Franklin Paul, Chris Kaufman +1 646 223 6200.
Burger King Worldwide Inc. reports quarterly financial results. Baidu Inc., the Chinese Internet company, reports quarterly financial results. Avon Products Inc. reports quarterly financial results.
NEW YORK-- Burger King Worldwide Inc. reports its third-quarter results Monday, which should give investors another snapshot on the chain's efforts to refresh its outdated image in the U.S. while expanding overseas. In April, Burger King unveiled its biggest ever menu revamp, along with a star-studded advertising campaign.
NEW YORK-- McDonald's will start selling bags of ground coffee at its restaurants in Canada next month, a move that could spread to other regions around the world if successful. John Betts, president of McDonald's Canada, also noted in an interview that McDonald's has a history of taking hit products from specific regions and expanding them globally.
NEW YORK-- Tough competition in the U.S. and the weakening economy abroad was a double whammy for McDonald's in the third-quarter, sending the burger chain's net income down nearly 4 percent.
NEW YORK-- McDonald's Corp. reports its third-quarter results Friday, which should give a glimpse of how the world's biggest hamburger chain is coping with intensifying competition and the challenging global economy. WHAT TO WATCH FOR: After outperforming its rivals for years, some analyst think McDonald's may be entering a period of slower growth.
Fitch Ratings upgraded its credit rating on Burger King Friday, saying it's attracting more customers with an updated menu, cutting costs and franchising stores. That cuts costs for Burger King Worldwide Inc. while increasing revenue with franchise fees and royalty. Burger King is also trying to ramp up growth by expanding overseas.
LITTLE ROCK, Ark.-- The nation's largest meat company, Tyson Foods Inc., announced Friday that it will do an animal treatment audit of suppliers' farms.
Oct 12- Fitch Ratings has upgraded the ratings of Burger King Worldwide, Inc.. Burger King Worldwide, Inc.-- Long-term Issuer Default Rating to' B' from' B-'. Burger King Corporation-- $130 million secured revolver due 2015' BB/RR1';-- $1,030 million secured term loan A due 2017' BB/RR1';-- $705 million secured term loan B due 2019' BB/RR1'.
The video was shot using a hidden camera by a member of Mercy for Animals who got a job at Bettencourt Dairies' Dry Creek Dairy in Hansen for a few weeks this summer.
The 2012 QSR Drive-Thru Study ranked Wendy's service the fastest while Burger King came in last.
Oct 3- Burger King Worldwide, Inc.:. *On September 28, units entered into a credit agreement- SEC filing. up to $130 million of revolving extensions.
LITTLE ROCK, Ark.-- The president of an organization leading the fight against cramped cages for pregnant pigs said Tuesday he's seeking a spot on Tyson Food Inc.' s board of directors to put more pressure on the nation's second-largest pork processor to abandon the crates.