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 stores more appealing. The Dublin,…
Read more Wendy’s to close hundreds of US stores in bid to halt falling profitNEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed…
Read more CEO pay rose nearly 10% in 2024 as stock prices and profits soaredTOKYO (AP) — Hello Kitty turns 50 on Friday. Befitting a pop icon at midlife, the bubble-headed, bow-wearing character’s fictional birthday has brought museum exhibits, a theme park…
Read more At 50, Hello Kitty is as ‘kawaii’ and lucrative as everA McDonald’s located on Route 66 in Azusa, California, on April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images McDonald’s shares dropped in extended trading…
Read more McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter PoundersIt’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 17% on Wednesday. Pizza Hut…
Read more Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’sA trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New…
Read more CNBC Daily Open: Wall Street rattled over Fed worriesFrench fries arranged at a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s is…
Read more McDonald's investor day is Wednesday. Expect to hear about expansion, tech and ChinaUp from No. 13 in 2022, Minneapolis, Minnesota ranked as the No. 2 most neighborly city in America. S. Greg Panosian | E+ | Getty Images This report…
Read more CNBC Daily Open: Are things about to get more difficult?NEW YORK, NEW YORK – JUNE 03: People walk by the New York Stock Exchange (NYSE) at the start of the trading day on June 03, 2022 in…
Read more CNBC Daily Open: The perfect stormMcDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees. The fast-food giant is raising those fees from 4% to 5%, starting Jan. 1.…
Read more McDonald’s to raise royalty fees for new franchised restaurants for first time in nearly 30 yearsA vendor arranging tomatoes at a wholesale vegetable market in Kolkata. Tomato prices surged 366.86% from 26.76 rupees per kg at the start of the year to 108.92…
Read more India’s tomato prices surge over 300%, sparking theft and turmoilCNN — Demographic change continued to chip away at the cornerstone of the Republican electoral coalition in 2022, a new analysis of Census data has found. White voters…
Read more The demographic makeup of the country’s voters continues to shift. That creates headwinds for Republicans | CNN PoliticsS3studio | Getty Images News | Getty Images In 1990, McDonald’s ditched the styrofoam home for the Big Mac, and its signature burger has been served ever since…
Read more McDonald’s new battle over the way the Big Mac and fries are packagedNew York CNN — A South Florida jury returned a split verdict in a civil lawsuit filed against McDonald’s and one of its franchisees that alleged “dangerously hot”…
Read more McDonald’s found liable after child suffers burns from ‘hot’ chicken nuggets, Florida jury finds | CNN BusinessChipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by better than expected same-store sales growth. Like McDonald’s, Chipotle said traffic to…
Read more Chipotle Mexican Grill’s restaurant traffic grows as the chain proves its pricing powerFirst Republic Bank‘s shaky deposit footing and dismal earnings report won’t trigger the chain reaction that investors fear, Jim Cramer said on Tuesday, but could still drag on…
Read more First Republic’s ‘miserable moment’ is different from the 2008 contagion, Jim Cramer saysTraders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) in Wall Street in New York City. Johannes Eisele | AFP | Getty…
Read more Stocks making the biggest moves premarket: Novartis, First Republic, 3M and moreHere are the biggest calls on Wall Street on Friday: Barclays names Dick’s a top pick Barclays named the sporting goods store a top pick and says it…
Read more Here are Friday’s biggest analyst calls: Amazon, Tesla, CVS, Microsoft, XPO, AT&T, Spotify & moreNew York CNN — McDonald’s, which has been focusing on upgrading its core items to boost sales, is rolling out a series of changes designed to improve its…
Read more McDonald’s is upgrading its burgers | CNN BusinessIn this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Seven months after Burger…
Read more Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
