Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
Iran's Revolutionary Guard says it seized a British tanker in the Strait of Hormuz, claiming it failed to follow international marine regulations.World Newsread more
More than a quarter of the S&P 500 companies report earnings in the week ahead, and that could buffet the market as investors await the Fed's meeting at the end of the month.Market Insiderread more
Executives from United Airlines and American Airlines were "shocked" that state-owned airline Qatar Airways CEO Akbar Al Baker was also invited to the meeting, according to a...Airlinesread more
Walmart is making further organizational changes as it continues to integrate its store and digital operations and leadership, according to a memo obtained by CNBC that was...Retailread more
George Nader helped arrange a January 2017 meeting in the Seychelles between Erik Prince and the head of Russia's sovereign wealth fund, who reported directly to Vladimir...Politicsread more
These are the stocks posting the largest moves midday.Market Insiderread more
"I'm not hearing people blame the Fed as much as they're blaming tariffs," says CNBC's Jim Cramer.US Economyread more
Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."The Fedread more
Pancake giant IHOP is in the process of developing a fast-casual concept that would launch within existing stores, the CEO of its parent company, DineEquity, said Tuesday in a phone interview with CNBC.
As the chain expands into nontraditional locations, including airports and colleges, IHOP is turning its attention to fast casual. Made up of such brands as Chipotle Mexican Grill and Panera Bread, it is a growth area within the relatively stagnant restaurant industry.
Fast-casual restaurants are characterized by more premium food options and fast-food-like service.
"We're exploring the idea of a fast-casual experience inside a traditional IHOP," said Julia A. Stewart, DineEquity's chairman and CEO, and interim president of IHOP, citing the segment's impressive growth.
She noted that a fast-casual concept is one of many things DineEquity will "alpha test" at both IHOP and Applebee's, the company's other brand.
(Read more: The Starbucks offensive: A tea chain's battle plan)
Such a move would capitalize on a bright spot within the dining space. Fast-casual traffic rose 7 percent for the year ended in December, while traffic for casual dining and family-style dining dropped 2 percent and 3 percent, respectively, according to market research firm NPD Group.
"Fast casual is where the opportunity has been," said Bonnie Riggs, NPD's restaurant analyst. "The industry overall is not growing. ... It's a real battle for market share."
IHOP's traditional restaurants fall into the family dining segment. Unlike casual dining chains, such as Applebee's, family dining restaurants typically do not have bars or serve liquor, and offer breakfast in addition to lunch and dinner.
(Read more: Hot Pockets recalled on meat 'unfit' for humans)
IHOP posted strong results in the fourth quarter. Same-store sales rose 4.5 percent, while full-year sales ticked 2.4 percent higher. The jump was largely due to a redesigned menu that entices customers to order more, Stewart said.
The chain wasn't immune to the traffic decline that many of its peers are seeing, however, and it noted a slight decline during the quarter.
Adding a fast-casual component at IHOP might take the form of a different menu or separate section—two ideas the company plans to explore, Stewart said.
"It's nothing you're going to hear about anytime soon, but it's certainly an opportunity," she said.
(Read more: TGI Fridays in talks to sell itself)
Applebee's has been testing a fast-casual concept at lunch at its Kansas City restaurants for the past year. The experience has been "much more complicated than we originally thought," Stewart said.
Although fast-casual dining has grown quickly, she does not think the industry's future lies squarely in that segment.
"I think there's absolutely a permanent desire for a sit-down restaurants," Steward said.
—By CNBC's Katie Little. Follow her on Twitter .