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Permira to Buy Sushi Chain for About $1 Billion

European private-equity firm Permira said it would buy Japanese sushi chain Akindo Sushiro for around $1 billion, making a bet that the popular restaurant brand can expand beyond Japan.


Chuck E. Cheese -- the rodent -- is getting a makeover

Chuck E. Cheese has been given the pink slip. The company that operates the chain of children's pizza restaurants is retiring the giant rodent's outdated image — and the man who voiced its character for nearly two decades.


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.


Chipotle Grilled After Earnings Miss

Higher food prices drag on burrito chain's profits.


Chipotle Will Raise its Prices Regionally

For the first time since the recession, Chipotle Mexican Grill Inc. is raising its menu prices in the Northeast and Southeast over the next few weeks, with changes in other markets to follow, the company 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.


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