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Burger King's profit down amid turnaround push

Submitted by Fox First at Ten on October 29th

By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - Burger King's net income fell 83 percent in the third quarter as the world's second biggest hamburger chain sold off more of its restaurants to franchisees as part of a turnaround push. But the company's adjusted results topped

AP PHOTOS: Spooky and kooky Halloween costumes

Submitted by Fox First at Ten on October 28th

By The Associated Press From spooky to kooky, Halloween revelers are dressed to delight in elaborate costumes. In Japan, a group of friends transformed into a giant hamburger. In Nampa, Idaho, trick-or-treaters dressed as famous paintings including "The Scream." Here's a look at some of the

McDonald's to sell ground coffee in Canada

Submitted by Fox First at Ten on October 25th

By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - McDonald's will start selling bags of ground coffee at its restaurants in Canada next month, a move that could spread to other regions around the world if successful. The world's biggest hamburger chain says the ground coffee will

Business Highlights

Submitted by Fox First at Ten on October 19th

By The Associated Press ___ Early look at Windows 8 baffles consumers NEW YORK (AP) - The release of Microsoft's Windows 8 operating system is a week away, and consumers are in for a shock. Windows, used in one form or another for a generation, is getting a completely different look that

Stronger dollar hurts McDonald's 3Q results

Submitted by Fox First at Ten on October 19th

By MAE ANDERSONAssociated Press NEW YORK (AP) - Tough competition in the U.S. and the weakening economy abroad was a double whammy for McDonald's in the third-quarter, sending the burger chain's net income down nearly 4 percent. McDonald's said it was adjusting some of its plans to

Business Highlights

Submitted by Fox First at Ten on October 11th

By The Associated Press ___ American Airlines stumbles on path to recovery DALLAS (AP) - Just weeks ago, American Airlines was working its way through bankruptcy court, on schedule for one of the fastest turnarounds in aviation history. Planes were full. Revenue was pouring in. Then seemingly

Wendy's pigtails get first touch-up since 1983

Submitted by Fox First at Ten on October 11th

By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - Wendy's pigtails are getting a tweak. For the first time since 1983, the Dublin, Ohio-based fast food company is updating its logo in a move intended to signal its ongoing transformation into a higher-end hamburger chain. Instead of the

Health changes spur test of more part-time workers

Submitted by Fox First at Ten on October 9th

By CANDICE CHOI and RICARDO ALONSO-ZALDIVARAssociated Press NEW YORK (AP) - The owner of Olive Garden and Red Lobster restaurants is putting more workers on part-time status in a test aimed at limiting costs from President Barack Obama's health care law. Darden Restaurants Inc. declined to

Stocks rise following expansion in manufacturing

Submitted by Fox First at Ten on October 1st

By JOSHUA FREEDAP Business Writer U.S. stocks mostly rose on Monday as growth in manufacturing provided more evidence that the economy may be picking up, or at least not getting any worse. The gains came after news that U.S. manufacturing grew in September for the first time in four months. The

'McNoodles' to be launched in Austria

Submitted by Fox First at Ten on September 17th

NEW YORK (AP) - McDonald's is introducing noodle dishes this week at its restaurants in Austria. The "McNoodles" comes with vegetables and salad, chicken pieces and either sweet and sour or curry sauce. They'll be available for a limited time starting Thursday. The company says it spent