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McDonald's Profit Rises 15%

McDonald's reported a 15% rise in quarterly profit on sharply higher revenue, though it expects sales growth to ease this month.

 

McDonald's sales figure rises 6 percent in April

Strong sales of McDonald's McCafe drinks and breakfast items in April drove a key revenue measurement up 6 percent worldwide.

 

McDonald's To Bump Prices, While Ads Wax Fifties Nostalgic

McDonald's To Bump Prices, While Ads Wax Fifties Nostalgic

As food costs are expected to rise about four percent in the United States and Europe from last year, McDonald's plans to raise its prices slightly and gradually. In March, the company raised all menu items by one percent, reports Nation's Restaurant News, and plans to "keep taking small, additional menu price increases."Read More...

 

Lawsuit questioning Taco Bell's beef is dropped

An Alabama-based law firm has withdrawn its class-action lawsuit that sought to force Taco Bell to stop calling the meat it serves "beef."...

 

McDonald’s on a 50,000-job hiring spree

McDonald’s on a 50,000-job hiring spree

Fast-food chain McDonald’s said Monday that it plans to hire as many as 50,000 additional employees in the United States later this month.

 

Burrito price hike leads to gun fight

Burrito price hike leads to gun fight

A Taco Bell customer enraged that the seven burritos he ordered had gone up in price fired a BB gun at an employee and later fired an assault rifle at officers, police said.

 

Subway Passes McDonald's

Subway Passes McDonald's

The Subway sandwich chain has surpassed McDonald's as the world's largest restaurant chain in terms of units.

 

Taco Bell fights back on beef lawsuit with ad push

Taco Bell is launching an advertising campaign Friday to fight back against a lawsuit charging its taco filling isn't beef....

 

Lawsuit Claims Taco Bell Not Using Real Beef

A class-action lawsuit filed in California says Taco Bell's claim that it uses seasoned beef is misleading -- it says the chain is actually using extenders and other non-meat substances.

 

Stocks Rise After McDonald's Profits, Intel Spends

Fast food giant reports in-line earnings, chipmaker hikes dividend and earmarks another $10 billion for buybacks.

 

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