Starbucks union to strike at more than 100 locations on Red Cup Day

Starbucks official reusable red cup, left, and red cup from Starbucks Workers United. Source: Starbucks; Starbucks Workers United Workers at more than 100 unionized Starbucks locations plan to strike ...

Carnival stock dives after private sale of $1 billion in convertible debt

Shares of Carnival Corp. pulled back sharply on heavy volume Wednesday, after the cruise operator took advantage of a recent big rally to commence a private offering of debt that can be converted into...

Burger King Adds a New Weapon in Battle With McDonald’s, Wendy’s

For a long time, Burger King was Pepsi to McDonald’s Coke. At some point, however, that changed and Wendy’s managed to work its way into the conversation, first making it a fast-food burge...

Burger King owner hires former Domino’s CEO Patrick Doyle as chair

Patrick Doyle Scott Mlyn | CNBC Restaurant Brands International announced Wednesday that it is hiring former Domino’s Pizza CEO Patrick Doyle as its executive chair. Doyle, 59, was chief executi...

Tyson CFO apologizes to investors after arrest for public intoxication, trespassing

John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson apologized to investors on Monday for his arrest for public intoxication and trespassing. CEO Donnie King said that th...

D.R. Horton and 7 More Companies That Raised Their Stock Dividends

Text size D.R. Horton plans to boost its quarterly payout by 11% to 25 cents a share. Caitlin O’Hara/Bloomberg It was a busy week for dividend increases among large U.S. companies across a varie...

Buy Bumble Stock. The Dating App’s Shares Haven’t Met Their Match.

Bumble has been getting the cold shoulder from investors, who are worried that singles have cooled on its dating apps. The company, though scruffy, remains attractive—and its stock could be just the t...

Keurig Dr Pepper CEO resigns after violating code of conduct

The Keurig Dr Pepper logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Keurig Dr Pepper announced Thursday that CEO Ozan Dokmecioglu agreed to resign after violati...

KFC apologizes after Kristallnacht promotion in Germany

A menu of a drive-in counter of a branch of the fast food chain Kentucky Fried Chicken (KFC). After severe setbacks in the Corona pandemic, Germany’s fast food industry wants to expand its drive...

Beyond Meat (BYND) Q3 2022 earnings

Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday...

Sweetgreen (SG) Q3 2022 earnings miss estimates, stock tumbles

A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell 10% in afte...

Tyson Foods CFO arrested for public intoxication, falling asleep in wrong house

John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house. Tyso...

Sweetgreen tries national dessert — a version of Rice Krispies Treat

Sweetgreen Crispy Rice Treat Source: Sweetgreen Sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is available nationwide starting Monday fo...

Elite NYC restauranteur on why luxury spending won’t make people happy

Gift-giving can be a good way to learn how good you are at hospitality. And if you think success comes down to the amount being spent, you are setting yourself up for failure, according to one of the ...

Bill Ackman’s Pershing Square Holdings Looks Invitingly Cheap

Billionaire investor Bill Ackman has a flair for the dramatic and often makes bold moves. This year has been no exception. Ackman made about $1.7 billion from a bet on higher interest rates and incurr...

Starbucks (SBUX) Q4 2022 earnings

The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks is expe...

‘Oh, my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next.

Slower, but higher rates and no pivot this side of Christmas. That was the message from Fed Chairman Jerome Powell after the central bank’s fourth-straight jumbo hike. Bruised investors continue to se...

Restaurant Brands International (QSR) Q3 2022 earnings

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales ...

Caesars’ Sports-Betting Business Strengthens. What That Means for DraftKings.

Text size Caesars reported earnings of 24 cents a share from revenue of $2.89 billion for its third quarter. Dreamstime Caesars Entertainment stock was higher Wednesday after the casino operator poste...

Rstaurant Brands International (QSR) Q3 2022 earnings

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earni...

Dow ends 500 points lower, Nasdaq falls 3.4% after Fed raises rates, Powell signals terminal interest rate will be higher than expected

U.S. stock indexes finished a volatile session with losses on Wednesday after the Federal Reserve announced the fourth straight jumbo increase in its benchmark interest rate and hinted at a potential ...

Yum Brands (YUM) Q3 2022 earnings

Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Image...

The S&P 500 can get to 4,150 before ‘reality sets in,’ says Morgan Stanley’s normally bearish top strategist

We’re almost through one of the most feared months of trading, which as it turns out, is set to deliver the best return for the Dow industrials since 1976, and best month since July for the S&P 50...

Workers at NYC Starbucks and Amazon Go store file petition to unionize

Amazon and Starbucks stop Union Busting sign, International Workers Day, United Against Union Busting March and Rally, Workers Circle, Amazon Labor Union, NY Immigration Coalition, Make the Road, NYC ...

Restaurant operating hours are still shorter compared to 2019

Veselka is serves from its original location, which opened in 1954 in Manhattan’s East Village neighborhood. CNBC Make It It’s not just your imagination. Restaurants aren’t open as l...

McDonald’s (MCD) earnings Q3 2022

McDonald’s on Thursday said traffic to its U.S. restaurants is growing, helping the fast-food giant top analysts’ expectations for its quarterly earnings and revenue. The company is buckin...

$100 million NJ deli defendant makes $2,500 a month from shell company Med Spa

Courtroom sketch of James Patten, left, and attorney Ira Sorkin at N.J. District Court in Camden, N.J., Oct. 11, 2022 Source: Elizabeth Williams One of the men charged in an alleged stock manipulation...

Chipotle Mexican Grill (CMG) Q3 2022 earnings

Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations on the strength of its latest round of menu price hikes. CEO Brian Niccol said the company saw &#...

Coca-Cola (KO) Q3 2022 earnings

Coca-Cola on Tuesday raised its full-year outlook, predicting that its two-pronged strategy of hiking prices and offering more affordable options will keep driving sales growth. Inflation is expected ...

Beyond Meat’s steak substitute coming to grocery stores

Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, J...

McDonald’s to sell Krispy Kreme doughnuts in latest menu experiment

Scott Olson | Getty Images McDonald’s will sell Krispy Kreme doughnuts in select restaurants later this month for the first time. Starting Oct. 26, the fast-food giant will sell Krispy Kreme dou...

Creating A Better Franchisor/Franchisee Relationship

Franchising is a proven way to grow a business and get it off the ground. However, many entrepreneurs don’t realize that the relationship between franchisor and franchisee is just as important a...