Restaurants
Disney executive Kareem Daniel joins McDonald’s expanding board
Kareem Daniel Source: Business Wire Disney’s Kareem Daniel is the fourth new director to join McDonald’s board this year. The fast-food giant announced Monday that the more than 15-year Disney veteran is the 15th member of its board, effective Oct. 1. Daniel currently leads Disney’s media and entertainment distribution group, overseeing the growth of its […]
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The union push could face a big obstacle in 2023 if the economy falls into a recession
Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen during the “Fight Starbucks’ Union Busting” rally and march in Seattle, Washington, on April 23, 2022. Jason Redmond | AFP | […]
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McDonald’s owners group says company rejected request to delay big changes to franchise system
A customer places an order September 24, 2022 at a McDonald’s Restaurant along the New York State Thruway in Hannacroix, New York. Robert Nickelsberg | Getty Images News | Getty Images A group representing McDonald’s owners said the company rejected its request to delay changes to franchising policies, including updated standards and adjustments to how […]
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Feds sought to jail father charged in $100 million New Jersey deli fraud with Hong Kong-centered son at big
Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Federal authorities sought to detain just one of the guys billed in an alleged multiyear fraud scheme involving a neighborhood deli in a smaller New Jersey town, in accordance to court docket documents. The man – Peter Coker Sr., 80 – was arrested Monday in North Carolina […]
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Chipotle Mexican Grill will test robotic tortilla chip maker ‘Chippy’ in California restaurant
Chipotle is testing out an autonomous kitchen assistant, Chippy, which offers a robotic solution for making chips in restaurants. Courtesy: Chipotle Chipotle Mexican Grill is moving one step closer to having a robot make its tortilla chips. The burrito chain said Tuesday that it will test “Chippy,” an autonomous kitchen assistant made by Miso Robotics, […]
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Three men charged with fraud in $100 million New Jersey deli scheme
Three men were charged with fraud and other crimes in a scheme involving a company that was worth $100 million in the stock market despite having only a small-town New Jersey deli to its name, federal authorities said Monday. The three men – James Patten, 63, of Winston-Salem, North Carolina; Peter Coker Sr., 80, of […]
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Olive Garden parent Darden stands by outlook after mixed quarterly results
An order of breadsticks from a Darden Restaurants Inc. Olive Garden Getty Images Darden Restaurants on Thursday reported mixed quarterly results but still reiterated its outlook for fiscal 2023. The parent company of Olive Garden and LongHorn Steakhouse said net sales for the quarter rose 6.1% to $2.45 billion, which was lighter than Wall Street’s expectations. […]
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Beyond Meat suspends operating chief after arrest for allegedly biting man’s nose
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president of manufacturing operations, will […]
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Beyond Meat COO Doug Ramsey arrested for allegedly biting man’s nose after Arkansas college football game
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey was arrested this weekend after allegedly biting a man’s nose in an Arkansas parking garage following a college football game. Ramsey, 53, was charged with terroristic threatening and third-degree battery and booked in the Washington County jail on Saturday evening. He was […]
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Starbucks projects long-term earnings, revenue growth in double-digits as it implements new strategy
Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Outgoing Starbucks CEO Howard Schultz told investors on Tuesday that the coffee giant is projecting double-digit growth for revenue and earnings per share as it implements a plan […]
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