WSJ News Exclusive | Fast Food Chains Raise Millions to Oppose California Wage Law
The “Save Local Restaurants” coalition said Friday it has raised around $12.7 million to fight the law, known as the...
limited-service restaurants
Starbucks Names Laxman Narasimhan New CEO
Mr. Narasimhan, 55 years old, has served as chief executive of the maker of Lysol and Enfamil baby formula, U.K.-based...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
Supermarkets, Restaurants Hire Security, Limit Hours to Combat Crime
Restaurants and grocery stores said they are revamping operations in response to crime, with some operators limiting hours, spending more...
McDonald’s in Russia Reopens Under New Ownership
MOSCOW—More than a dozen former McDonald’s MCD -1.97% restaurants reopened here under a new brand and new ownership, accompanied by...
WSJ News Exclusive | Business Losses From Russia Top $59 Billion as Sanctions Hit
Global companies have racked up more than $59 billion in losses from their Russian operations, with more financial pain to...
China’s Covid-19 Lockdowns Hurt Sales of Starbucks Coffee, Adidas Sneakers
China’s strict Covid-19 lockdowns are hurting consumer spending for everything from coffee to sneakers and hotels, weighing on multinationals with...
Wendy’s Largest Shareholder Trian Explores Burger-Chain Deal
Trian Fund Management LP, Wendy’s Co. WEN -2.34% ’s largest shareholder, said it is exploring an acquisition or another potential...
Starbucks to Exit From Russia
Starbucks Corp. SBUX 0.28% is closing down its business in Russia, as the invasion of Ukraine puts an end to...
Starbucks Plans Barista Raises, Says Unionized Cafes Will Need to Bargain
Starbucks Corp. said it would boost pay for U.S. baristas who have been with the company for at least two...
Chick-fil-A’s Crazy Long Drive-Through Lines Have Santa Barbara Residents Squawking
SANTA BARBARA, Calif.—Business has boomed for Chick-fil-A franchisee Travis Collins during the pandemic, thanks to surging appetite for chicken sandwiches...
Starbucks Suspends Buybacks to Invest in Operations as Schultz Returns
Starbucks Corp. said it is suspending billions of dollars in share repurchases, a move that interim Chief Executive Officer Howard...
Howard Schultz, Returning to Starbucks, Seeks New Start With Baristas
Last November, Howard Schultz traveled to Buffalo, N.Y., with a message to workers considering forming a union: Starbucks would do...
Former Starbucks CEO Howard Schultz to Return as Chain Faces Union Push, Rising Costs
Howard Schultz is returning to lead Starbucks Corp. SBUX 5.16% for a third time, saying the company he helped become...
Starbucks Workers Vote to Form Union at Arizona Cafe
Starbucks Corp. baristas voted to unionize at a third company cafe, as the chain has intensified efforts to win over...
WSJ News Exclusive | Carl Icahn Nominates Two to McDonald’s Board
Carl Icahn has launched a proxy fight for two board seats at McDonald’s Corp. , as the activist investor pushes...
Inside Subway’s Turnaround Plan
Subway, which has the most locations of any restaurant chain in the U.S., is pursuing a new way to try...
Worker Absences From Covid-19 Hold Back Companies’ Growth
While pressures may be easing in some aspects for large companies, indicating a diminishing effect from the Omicron variant going...
Starbucks Sales Rise as Cost Pressures Increase at the Coffee Chain
Starbucks Corp. SBUX 0.45% said rising costs of supplies and wages will continue to weigh on the coffee giant’s profit...
