fast food restaurants
Can Fast Food Really Make America Healthier?
1:30PM 12/23/2011
McDonald's and other fast-food establishments recently garnered praise from First Lady Michelle Obama for making great strides toward "making America healthier." But how admirable have their efforts really been? Here's a closer look at the likely effects of changes to the happy meal -- and a different business's better efforts.
Kentucky Fried Chicken says it is shutting down its fryers for good in Fiji, saying the government compromised its so-called famous blend of 11 herbs and spices by stopping KFC from importing key ingredients. Fiji says that's just an excuse.
Ronald McDonald Put to Pasture as Fast-Food Chain Gentrifies
10:05AM 3/03/2011
He's becoming notably absent these days. Fighting back against more upscale chains, McDonald's is more focused now on selling profitable coffee drinks and salads -- and downplaying its namesake clown, who's more associated with Big Macs and Happy Meals.
Food Fight: KFC and Franchisees Disagree on Ad Strategy
9:30PM 1/31/2011
A judge in Louisville, Ky., has ruled that KFC must cooperate with franchisees on advertising, but that it can nix campaigns that it believes could hurt the brand. Disagreement over whether KFC should emphasize its fried or grilled chicken sparked the dispute.
The Taco Bell Beef Suit: Not All Processed Foods Are Evil
11:20AM 1/28/2011
A new lawsuit against Taco Bell claims processed beef used by the fast food giant contains mostly fillers. Taco Bell vigorously denies the claim, but the litigation is drawing new attention to the years-long controversy over processed meats.
Inside Wall Street: This Trio of Restaurant Stocks Look Tempting
7:30AM 1/03/2011
Company News, Columns, Investing, Starbucks, Stock Picks, Retail
The New Year brings new hope to the restaurant industry, which suffered heavily during the harsh, eat-at-home recession. As a result, the number of restaurants have dwindled nationwide. But Goldman Sachs says this is very good news for three companies in particular.
McDonald's Is Out to Shake Up the Milkshake
4:30PM 12/20/2010
The ice cream drinks have been a fast-food favorite for decades. Now, McDonald's is considering giving them a new look -- serving the shakes in see-through plastic cups instead of the current white paper cup familiar to customers the world over.
McDonald's Corp. plans to raise prices in 2011 in anticipation of higher commodity costs and a hope that an improving economy will mean diners returning to fast-food restaurants instead of cooking at home.
The company projects that commodity costs will rise 2-3% in 2011, Chief Financial Officer...
Low pay, lack of benefits and other issues drove Ayo Collins and three other Jimmy John's workers to enlist the aid of the Chicago-based Industrial Workers of the World to help organize 10 targeted Minneapolis stores. The effort fell short, by a vote of 87 to 85.
Burger King Earnings, Sales Slip in Fourth Quarter
8:27AM 8/24/2010
Fast food chain Burger King Holdings Inc. (BKC) reported diluted earnings of 36 cents per share for the fourth quarter of fiscal 2010, down from 43 cents a year earlier.
Revenue for the quarter was $623 million, 1% lower than in the fourth quarter of fiscal 2009, the company said in a statement....
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