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...
Restaurants
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...
Amazon to Close Kindle Bookstore in China
HONG KONG— Amazon. AMZN 1.23% com Inc. is closing its Kindle digital bookstore in China and has halted sales of...
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...
Airbnb to Quit China Business as Harsh Lockdowns, Competition Weigh on Demand
Airbnb Inc. ABNB 0.65% plans to close its domestic business in China after harsh Covid-19 lockdowns compounded the pain from...
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...
Airbnb Revenue Climbs on Record Nightly Bookings and Higher Prices
By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnb said it expects to post its first full-year net profit this...
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...
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY -0.53% share price fell nearly 70% over the past year. Trimming the fat might...
Airbnb Adopts Work-From-Anywhere Approach, Including Overseas
Airbnb Inc. ABNB 4.93% is telling employees they can now work from almost anywhere in the world without a pay...
Consumer Brands Push for Clean-Energy Tax Credits
More than 40 companies, including consumer brands such as Airbnb Inc., ABNB 1.47% Lyft Inc., LYFT 2.26% Sierra Nevada Brewing...
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...
Venture Powerhouse Sequoia Capital Names New Leader
Sequoia Capital named a new top leader, a rare transfer of power at one of Silicon Valley’s most storied venture-capital...
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...
From GM to Powerade, Brands Pitch Mental Health
To woo consumers, hotel chains typically offer free room upgrades and complimentary breakfast. Kimpton Hotels is trying a new incentive:...
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...
WSJ News Exclusive | Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government...
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...
