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McDonald's Introduces Three New Quarter Pounders to Menu
McDonald's announced Tuesday the addition of three new Quarter Pounders to its menu as the fast-food chain looks to diversify its offering by including cheaper premium burgers while capitalizing on one of its most popular brands.
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Chuck E. Cheese's Q1 Tops Analyst Estimates
CEC Entertainment Inc., parent company of Chuck E. Cheese's, reported increased first-quarter earnings that came in above analysts' estimates, according to reports. The company also reported that it plans to buy back an additional $100 million worth of its shares.
McDonald's Raising Prices in India, Second Time this Year: Report
Due to rising inflation, McDonalds announced Tuesday plans to bump up prices in India for the second time this year, according to a report.
Update: Yum! Brands Inc. Shares Plunge Following Food Safety Investigation Reports in China
Yum! Brands Inc.shares fell slightly Monday on reports that food safety regulators in China are launching a probe into a mutton supplier, though Yum says it is not one of the suppliers it uses.
McDonald's Opens Energy-Efficient Restaurant in Cleveland
A McDonald's restaurant franchisee in the Cleveland-area is leading the way in making the franchise more green by constructing the most energy-efficient McDonald's in the region, prompting a visit from top executives who consider it a test site, the Cleveland Plain Dealer reports.
McDonald's CEO says Company Considering Offering All-Day Breakfast
McDonald's President and CEO Don Thompson said in a recent interview with CNBC that its considering expanding the chain's popular breakfast menu beyond its current 10:30am cut-off time slot.
Brazil's Pão de Açúcar counts on appliances for profit boost
Grupo Pão de Açúcar , Brazil's biggest retailer, is counting on a turnaround in its appliance division to make up for shrinking profit margins at its supermarkets as food inflation climbs to a five-year high.
Burger King Reports Earnings Double in 1Q, Revenue Drops
Burger King's earnings in the first quarter doubled in spite of revenue falling, as the fast-food chain slashed several restaurant-related expenses.
Fast Food, Retail Workers Strike in Chicago, Demanding $15 an Hour Salary
Fast food and retail workers in Chicago have gone on strike, following New York City fast food workers who walked off the job in November and again earlier this month demanding higher wages and better working conditions.
Brazil Unsatisfied with McDonald’s ‘Happy Meal’ Marketing, Fines Company
Brazil's consumer protection agency, Procon, has fined McDonald's for pushing Happy Meals on children through targeted advertising and toys.
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