McDonald's Corp said Monday its Korea unit is cooperating with an investigation by the South Korean government into a possible food contamination case that led to the company halting sales of its bulgogi burger. More »
Ford Motor Co and Domino's Pizza Inc in September will begin testing Michigan consumers' reactions to having their pies delivered by self-driving vehicles, the companies said on Tuesday. More »
Four tablets from various delivery companies crowd the front counter of Proposition Chicken in San Francisco, each calling out with its own ring when an order arrives. More »
Tests show that some imported egg products in Austria have been contaminated with a potentially harmful insecticide, a health ministry official told broadcaster ORF on Monday, adding to the list of countries affected by an international health scare. More »
Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »
A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. More well-publicized incidents at Chipotle Mexican Grill Inc restaurants have pushed the shares down 26 percent over the last three months, but the burrito chain is facing a m... More »
Fred Hu, Chairman of Primavera Capital Group, poses for a photo ahead of a Reuters interview in Beijing, China, January 10, 2017. Picture taken on January 10, 2017. REUTERS/Jason Lee Primavera Capital Group, one of China’s largest private-equity firms, is payi... More »
A worker shows crickets at a farm belonging to company ‘Little Food,’ which prepares and promotes food products made from crickets, in Brussels, Belgium June 9, 2017. REUTERS/Francois Lenoir A Brussels start-up is hoping to stir a culinary revolution in Belgiu... More »
U.S. President Donald Trump walks from Maine One as he returns to the White House in Washington, U.S., June 16, 2017. REUTERS/Joshua Roberts President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to... More »
Italy’s highest court ruled on Friday that lobsters must not be kept on ice in restaurant kitchens because it causes them unjustifiable suffering before they head for death by fine dining. More »
Seattle’s City Council voted on Monday to levy a special tax on sodas and other sugary beverages sold to consumers, becoming the latest of several local government bodies across the country to take such action for the sake of public health. More »
Activist hedge fund Marcato Capital Management, which has been battling restaurant chain Buffalo Wild Wings for board seats, reported strong gains in May, which extended its gains for the year. More »
Signage for a Chipotle Mexican Grill is seen in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson/File Photo Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc’s (CMG.N) restaurants over a s... More »
FILE PHOTO: Humanoid robots work side by side with employees in the assembly line at a factory of Glory Ltd., a manufacturer of automatic change dispensers, in Kazo, north of Tokyo, Japan, July 1, 2015. REUTERS/Issei Kato/File Photo Desperate to overcome Japan... More »
FILE PHOTO – A woman walks as she arrives at Mar-a-Lago estate where U.S. President-elect Donald Trump attends meetings, in Palm Beach, Florida, U.S., December 20, 2016. REUTERS/Carlos Barria/File Photo Undercooled meat, potentially dangerous raw fish and brok... More »
The Beef Products Inc (BPI) headquarters is pictured in Dakota Dunes, South Dakota November 19, 2012. REUTERS/Lane Hickenbottom ABC Broadcasting has lost a last-ditch bid before South Dakota’s highest court to avoid a trial in a beef producer’s $5.7 billion de... More »
Customers order meals on tablets and pick up food from cubbies at Eatsa, a restaurant in the financial district of San Francisco, California, U.S., September 28, 2016. REUTERS/Peter Henderson Fast food startup Eatsa is being sued by disability rights advocates... More »
A shareholder coalition founded in the U.K. is recruiting investors for a campaign to convince KFC parent Yum Brands Inc and other food companies to protect public health and corporate profits by reducing the use of antibiotics in the meat they serve in the Un... More »
A message to Donald Trump appears on the McDonald’s Twitter account timeline — which McDonald’s said was hacked — in a screen capture March 16, 2017. REUTERS/TV McDonald’s Corp quickly deleted a tweet sent from the company’s handle slamming President Donald Tr... More »
Jeffrey Gundlach, Chief Executive Officer, DoubleLine Capital LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expec... More »
McDonald’s self-service kiosks are seen in a prototype restaurant housed in a warehouse in Chicago’s West Loop area, in Chicago, Illinois, U.S., March 1, 2017. REUTERS/Lisa Baertlein McDonald’s Corp this month will begin testing its long-awaited U.S. mobile or... More »
The Beef Products Inc (BPI) headquarters is pictured in Dakota Dunes, South Dakota November 19, 2012. REUTERS/Lane Hickenbottom A South Dakota state judge has ordered ABC Broadcasting to face a potential $5.7 billion defamation lawsuit claiming it damaged Beef... More »
The headquarters of the China Trademark Office is seen in Beijing, China, March 9, 2017. REUTERS/Jason Lee China has granted preliminary approval for 38 trademarks linked to Donald Trump, documents on China’s state trademark office show, giving the U.S. Presid... More »
FILE PHOTO: A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. REUTERS/Lucy Nicholson/File Photo – RTSXJLG Chipotle Mexican Grill Inc (CMG.N) on Wednesday won the dismissal of a lawsuit claiming it defrauded shareholders about... More »
Demonstrators march during the ‘Day Without Immigrants’ protest in Washington, DC, U.S., February 16, 2017. REUTERS/Aaron P. Bernstein Businesses shut their doors, students skipped class and thousands of demonstrators took to the streets in cities across the U... More »
U.S. President Donald Trump speaks during a listening session with the Retail Industry Leaders Association and member company CEOs in the Rosevelt Room of the White House in Washington, U.S., February 15, 2017. REUTERS/Joshua Roberts – Highlights of the day fo... More »
The Hundertwasser House landmark, an apartment house designed by artist and architect Friedensreich Hundertwasser, with the ‘Terrassencafe im Hundertwasserhaus’ is seen in Vienna, Austria, February 15, 2017. REUTERS/Heinz-Peter Bader Grumpy waiter service is a... More »
Andrew Puzder, CEO of CKE Restaurants, takes part in a panel discussion titled ”Understanding the Post-Recession Consumer” at the Milken Institute Global Conference in Beverly Hills, California April 30, 2012. REUTERS/Fred Prouser/File Photo Four U.S. Republic... More »
A florist arranges flowers in preparation for Valentine’s Day in Los Angeles February 10, 2012. REUTERS/Lucy Nicholson When it comes to romantic screwups, missing Valentine’s Day is about as bad as it gets. But what if you miss it on purpose? More »
Starbucks Corp Chief Executive Howard Schultz, pictured with images from the company’s new ”Race Together” project behind him, speaks during the company’s annual shareholder’s meeting in Seattle, Washington March 18, 2015. REUTERS/David Ryder Starbucks Corp Ch... More »
U.S. President-elect Donald Trump sits with PayPal co-founder and Facebook board member Peter Thiel, Apple Inc CEO Tim Cook, Oracle CEO Safra Catz and Tesla Chief Executive Elon Musk during a meeting with technology leaders at Trump Tower in New York U.S., Dec... More »
Cast member Michael Keaton. REUTERS/Mario Anzuoni The man who turned a popular California hamburger stand into the McDonald’s global fast-food empire is having a posthumous Hollywood moment. More »
A woman shows her phone operating Ant Check, an Alibaba-linked platform, at a cafe in Beijing, China, April 11, 2016. REUTERS/Shirley Feng/File Photo Ma Yiqing, 24, is typical of China’s younger generation – he uses his credit card frequently and borrows from ... More »
The Coca-Cola Company President and Chief Operating Officer James Quincey delivers a speech during a presentation in Paris, France, January 19, 2016. REUTERS/Benoit Tessier Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next y... More »
Prominent Emirati businessman Mohamed Alabbar said on Sunday he had teamed up with Saudi Arabia’s Public Investment Fund (PIF) and other private investors to launch a $1 billion Middle Eastern-focused e-commerce platform. More »
William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York May 4, 2015. REUTERS/Brendan McDermid Billionaire investor William Ackman on Thursday said he has had an “extremely const... More »
A trader works at his desk as the U.S. presidential town hall debate between Republican U.S. presidential nominee Donald Trump and Democratic nominee Hillary Clinton is shown on television at Citibank’s trading floor located in central Sydney, Australia, Octob... More »
The logo of McDonalds is seen outside a shop in Vienna in Vienna, Austria, October 1, 2016. REUTERS/Leonhard Foeger Two of America’s biggest commercial brands – discount retailer Target and fast-food chain McDonald’s – have taken steps to tamp down hysteria st... More »
Market watchdogs in Shanghai have fined fast-food chain supplier Shanghai Husi Food Co and its U.S. parent OSI Group [OSIGP.UL] more than 24 million yuan ($3.6 million) for making and selling sub-standard products in a meat scandal two years ago, the Shanghai ... More »
A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. REUTERS/Lucy Nicholson/File Photo Fidelity’s Contrafund (FCNTX.O), the largest mutual fund investor in Chipotle Mexican Grill Inc (CMG.N), cut its stake in the struggling burr... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem reacts during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Multinational companies should refrain from tax-avoidance practices and pay... More »
A woman walks past a McDonald’s outlet in Hong Kong in this July 25, 2014 file photo. REUTERS/Tyrone Siu/File Photo Private equity firms Carlyle Group (CG.O) and TPG Capital have teamed up with two separate Chinese state companies to bid for McDonald’s (MCD.N)... More »
William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York May 4, 2015. REUTERS/Brendan McDermid Bayliss More »
A delivery drone performs a test flight with a Domino’s pizza box in Auckland, New Zealand, August 25, 2016. Domino’s/Handout via REUTERS A New Zealand pizza chain aims to become the world’s first company to offer a commercial drone delivery service, a milesto... More »
By Aradhana Aravindan and Marius Zaharia | SINGAPORE SINGAPORE Sherine Toh says her best days at work are when none of the 600-or-so staff at Singapore’s Tung Lok Restaurants (TGLK.SI) quits, though such days are rare. The Chinese restaurant group is one of th... More »
SHANGHAI China’s cinemas are showing signs of weakness, a concern for policymakers who had looked to stellar box office receipts over the last half-decade as a sign consumers were picking up some of the slack from ailing exports and manufacturing. Ticket sales... More »
LOS ANGELES Consumer groups will deliver a petition from more than 350,000 people to the KFC restaurant chain on Wednesday, calling on the Yum Brands Inc unit (YUM.N) to stop the routine use of antibiotics by the companies that supply its chicken. Several fast... More »
NEW YORK Britain’s unexpected decision to leave the European Union spurred a global stock market selloff that has inspired some opportunistic U.S. investors to move in the opposite direction. Operating on the belief that the initial rout might be an overreacti... More »
LOS ANGELES The former Iowa science teacher and McDonald’s Corp “brand ambassador,” who preached the virtues of walking and near-daily french fries in presentations to youth, is no longer visiting U.S. schools, the fast-food chain said on Friday. The program p... More »
LOS ANGELES U.S. restaurant owners will have an extra five months to post the calorie counts of the food they sell under a new federal deadline of May 5, 2017. The national calorie disclosure rule is part of the Affordable Care Act of 2010, also known as Obama... More »
New York Ray Dalio’s Bridgewater Associates hedge fund firm sold off its stakes in Amazon.com Inc, Coca-Cola Inc, and Gap Inc during the first quarter and added new stakes in Alphabet Inc and McDonald’s Corp, according to the latest regulatory filings. Bridgew... More »
SINGAPORE/HONG KONG Yum Brands Inc (YUM.N), owner of KFC and Pizza Hut, is in talks with private equity firms including KKR & Co LP (KKR.N) and Hopu Investments to sell a minority stake in its China operations as it prepares to spin off the once booming unit, ... More »
ROME Fried cow’s brains might not be to everyone’s taste, but more people may sample the Florentine specialty now that Italy’s art capital has ordered food outlets in the city center to sell mostly local produce. Florence is the latest Italian tourist destinat... More »
Chipotle Mexican Grill Inc (CMG.N), which is trying to recover from a series of food-borne illness outbreaks, temporarily shut a Massachusetts restaurant after four employees fell sick. The restaurant in the town of Billerica, outside Boston, was closed for a ... More »
NEW YORK Warren Buffett will release his annual letter to Berkshire Hathaway Inc shareholders after a year when its stock price lagged the broader market by the most since 2009, adding to years of underperformance. The letter, due Saturday, is a must-read on W... More »
LOS ANGELES A skinny sea lion pup with a taste for the finer things in life turned up on Thursday inside a fancy San Diego restaurant, where it settled down into a booth. The malnourished mammal appears to have arrived at The Marine Room after sauntering down ... More »
The E. coli outbreak that affected dozens of Chipotle Mexican Grill customers in nine states last year is expected to be declared over as soon as Monday, the Wall Street Journal reported, citing people familiar with the government’s investigation. Investigator... More »
LOS ANGELES More than 40 people have fallen ill with E. coli food poisoning after eating at Chipotle Mexican Grill (CMG.N) restaurants in six different states, federal health officials said on Friday, sending shares of the burrito chain to an 18-month low. The... More »
SAN FRANCISCO Snapchat, maker of a free mobile app that lets users send videos and messages that disappear in seconds, is struggling to gain traction with advertisers, fuelling investor concern that its $16 billion valuation isn’t justified by a business that ... More »
NEW YORK/LOS ANGELES Chipotle Mexican Grill Inc said on Sunday it had closed all its restaurants in two West Coast markets due to a reported outbreak of E. coli bacteria that is being investigated by the company and health authorities. “After being notified by... More »
NEW YORK Stocks rose in the United States and Europe and the dollar hit a three-week high against the euro after European Central Bank President Mario Draghi said further rate cuts were being considered to stimulate the euro zone economy. The ECB, as widely ex... More »
LOS ANGELES California Governor Jerry Brown on Saturday signed a bill that sets the strictest government standards in the United States for the use of antibiotics in livestock production. The move from California, known for its leadership on public health and ... More »
NEW YORK U.S. fund managers, hoping that a bit of Hollywood magic goes a long way in China, have been rushing to invest in IMAX Corp, best known for enormous movie screens. Prospects for growth in China, alongside upcoming releases of expected blockbusters tha... More »
Companies and organizations are pledging to provide funds, goods and services to help thousands of migrants arriving in Europe from war-torn and impoverished countries. Companies are helping through both corporate and employee schemes. Following are some examp... More »
NEW YORK A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public release... More »
NEW YORK A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public release... More »
ZIONSVILLE, Ind. Authorities conducted a day-long search inside the Indiana home of Subway sandwich chain pitchman Jared Fogle on Tuesday, two months after the executive director of Fogle’s foundation was arrested on federal child pornography charges. As autho... More »
LA PAZ A Bolivian avant-garde restaurant hopes this week to serve a well-known non-paying customer and receive a holy seal of approval for its new creation: a quinoa-based communion wafer. Chefs at the restaurant, Gustu, in La Paz expect Pope Francis to receiv... More »
A woman walks past icons for Apple applications at the company’s retail store in San Francisco, California April 22, 2009. REUTERS/Robert Galbraith Tired of the same restaurants and clubs? Not sure if friends would want to venture to a new cafe or bar? New app... More »
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