Starbucks union authorizes open-ended strike as busy holiday season begins
Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new
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Restaurants
Trump’s ‘No tax on tips’ could be end of large-group service fees on restaurant bills
Many restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips
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McDonald’s sales rise, but CEO expects low-income diners to spend less into next year
McDonald’s on Wednesday fell short of Wall Street’s earnings expectations, but the company’s U.S. restaurants reported better-than-expected same-store sales growth.
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Cava cuts full-year forecast, in another warning sign for fast-casual restaurants
Pedestrians carry Cava bags along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Monday,
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Yum Brands to review strategic options for Pizza Hut, opening the door to a sale
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut’s third-quarter revenue fell short of
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Starbucks to form joint venture with Boyu Capital to run China business
Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China.
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Chipotle stock craters as Wall Street grows concerned after company cuts forecast
A Chipotle logo is displayed on a sign at a shop on June 1, 2025 in Washington, DC. Kevin Carter
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Coca-Cola tops earnings and revenue estimates but says demand for drinks is still soft
Coca-Cola reported quarterly earnings and revenue that topped expectations, but the beverage giant said that demand for its drinks is
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Starbucks to close stores, lay off workers in $1 billion restructuring plan
In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be
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Olive Garden owner Darden Restaurants disappoints on earnings but hikes sales outlook
Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining
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