Business
Wendy’s to close hundreds of US stores in bid to halt falling profit
[ad_1] Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit and make its remaining…
Tag: McDonald's Corp
Business
CEO pay rose nearly 10% in 2024 as stock prices and profits soared
[ad_1] NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024…
Lifestyle
At 50, Hello Kitty is as ‘kawaii’ and lucrative as ever
[ad_1] TOKYO (AP) — Hello Kitty turns 50 on Friday. Befitting a pop icon at midlife, the bubble-headed, bow-wearing character’s fictional birthday has brought…
Business
McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
[ad_1] A McDonald’s located on Route 66 in Azusa, California, on April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images McDonald’s…
World News
Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s
[ad_1] It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down…
World News
CNBC Daily Open: Wall Street rattled over Fed worries
[ad_1] A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on…
Business
McDonald's investor day is Wednesday. Expect to hear about expansion, tech and China
[ad_1] French fries arranged at a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg…
Banking
CNBC Daily Open: Are things about to get more difficult?
[ad_1] Up from No. 13 in 2022, Minneapolis, Minnesota ranked as the No. 2 most neighborly city in America. S. Greg Panosian | E+…
Banking
CNBC Daily Open: The perfect storm
[ad_1] NEW YORK, NEW YORK – JUNE 03: People walk by the New York Stock Exchange (NYSE) at the start of the trading day…
World News
McDonald’s to raise royalty fees for new franchised restaurants for first time in nearly 30 years
[ad_1] McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees. The fast-food giant is raising those fees from 4%…
Business
India’s tomato prices surge over 300%, sparking theft and turmoil
[ad_1] A vendor arranging tomatoes at a wholesale vegetable market in Kolkata. Tomato prices surged 366.86% from 26.76 rupees per kg at the start…
Breaking News
The demographic makeup of the country’s voters continues to shift. That creates headwinds for Republicans | CNN Politics
[ad_1] CNN — Demographic change continued to chip away at the cornerstone of the Republican electoral coalition in 2022, a new analysis of Census…
World News
McDonald’s new battle over the way the Big Mac and fries are packaged
[ad_1] S3studio | Getty Images News | Getty Images In 1990, McDonald’s ditched the styrofoam home for the Big Mac, and its signature burger…
Breaking News
McDonald’s found liable after child suffers burns from ‘hot’ chicken nuggets, Florida jury finds | CNN Business
[ad_1] New York CNN — A South Florida jury returned a split verdict in a civil lawsuit filed against McDonald’s and one of its…
World News
Chipotle Mexican Grill’s restaurant traffic grows as the chain proves its pricing power
[ad_1] Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by better than expected same-store sales growth. Like…
Banking
First Republic’s ‘miserable moment’ is different from the 2008 contagion, Jim Cramer says
[ad_1] First Republic Bank‘s shaky deposit footing and dismal earnings report won’t trigger the chain reaction that investors fear, Jim Cramer said on Tuesday,…
Business
Stocks making the biggest moves premarket: Novartis, First Republic, 3M and more
[ad_1] Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) in Wall Street in New York City. Johannes…
Business
Here are Friday’s biggest analyst calls: Amazon, Tesla, CVS, Microsoft, XPO, AT&T, Spotify & more
[ad_1] Here are the biggest calls on Wall Street on Friday: Barclays names Dick’s a top pick Barclays named the sporting goods store a…
US News
McDonald’s is upgrading its burgers | CNN Business
[ad_1] New York CNN — McDonald’s, which has been focusing on upgrading its core items to boost sales, is rolling out a series of…
World News
Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
[ad_1] In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty…