United States

Alana Wise

Papa John's cuts earnings forecast on public spat with founder

Aug 07 2018

NEW YORK Papa John's International Inc on Tuesday posted a second-quarter comparable sales decline of 6.1 percent in North America and cut its forecast for the coming months, as a heated spat between the pizza chain and its founder dragged on profits.

Yum Brands comparable sales miss as Pizza Hut, Taco Bell disappoint

Aug 02 2018

Yum Brands Inc's quarterly sales fell short of Wall Street estimates on Thursday, as fewer customers dined at its Pizza Hut and Taco Bell chains, sending its shares down slightly in morning trading.

Starbucks and China's Alibaba to partner on delivery: media reports

Jul 30 2018

Starbucks Corp and e-commerce company Alibaba Group Holding Ltd are set to join forces on coffee delivery, according to media reports, as the coffee retailer seeks to rebound from a sales slump in the once-booming China market.

Papa John's founder says successor not right fit for CEO

Jul 26 2018

NEW YORK John Schnatter, the founder and largest shareholder of Papa John's International Inc , said on Thursday that Steve Ritchie, who rose from a $6-per-hour employee to CEO with Schnatter's backing, should not be leading the company.

Starbucks reports cooling quarterly growth and pares outlook

Jul 26 2018

NEW YORK Starbucks Corp forecast slower growth for the current fiscal year on Thursday as boutique coffee chains and fast-food retailers won business in the United States and other established markets and the bloom came off once-booming China.

Papa John's founder sues pizza chain

Jul 26 2018

NEW YORK, July 26 John Schnatter, the founder and ousted former chairman of Papa John's International Inc , on Thursday sued the pizzeria chain, complaining that the company had not provided adequate response to an earlier request for internal documents.

American Airlines to eliminate plastic straws from cabins, lounges

Jul 10 2018

American Airlines on Tuesday said it plans to no longer offer plastic straws and stir sticks in its lounges and onboard its flights, amid a broader global push to abandon one-time use plastics.

Airbus wins JetBlue order for its newly rebranded A220

Jul 10 2018

NEW YORK Airbus SE scored a key victory on Tuesday, with U.S. airline JetBlue announcing it would buy 60 of its A220-300 narrowbody jets, the first major order for the planemaker's newly rebranded program as its battle with rival Boeing Co intensifies.

Starbucks to phase out plastic straws as opposition to them grows

Jul 09 2018

NEW YORK Starbucks Corp said on Monday it will begin phasing out use of plastic straws at its restaurants by 2020, giving environmentalists a sizeable victory in their campaign to convince restaurants to abandon plastic utensils. | Video

U.S. states probe fast-food franchise deals not to poach workers

Jul 09 2018

WASHINGTON A group of U.S. state attorneys general is investigating whether Five Guys, Panera, Burger King and other big fast food chains are using "no-poach" rules in franchise agreements to hold down wages and limit employee advancement, the officials said on Monday.

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