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NEW YORK (AP) - The allure of the value meal has long seduced penny-pinchers craving a cheeseburger. Now, as the dismal economy slurps up profits, Starbucks Corp. is hoping to find some sales salvation in its own value meal variety. ...more
February 11, 2009
Casual and fast food chains have a compelling weapon in their fight for your wallet during trying economic times: free chow. ...more
February 4, 2009
The allure of the value meal has long seduced penny-pinchers craving a cheeseburger. Now, as the dismal economy slurps up profits, Starbucks Corp. is hoping to find some sales salvation in its own value meal variety. ...more
February 3, 2009
Pfizer Buying Wyeth No. 1 drugmaker Pfizer said Monday it is buying No. 12 Wyeth for $68 billion in a deal that will wipe out nearly 20,000 jobs but boost Pfizer's revenue and profit. ...more
January 27, 2009
Declining consumer confidence took a bite out of restaurants' sales and profits in 2008, leading to bankruptcy filings at casual-dining chains, such as Bennigan's, and the closure of more than 600 Starbucks locations. ...more
January 2, 2009
Economic cycles are Darwinian, picking off weak companies and leaving survivors stronger. ...more
December 20, 2008
Looking to beef up your mojo this holiday season? Burger King Corp. may have just the thing. The home of the Whopper has launched a new men's body spray called "Flame." The company describes the spray as "the scent of seduction with a hint of flame-broiled meat." ...more
December 19, 2008
The Secret Is Out A Wal-Mart employee in Uniondale, N.Y., told The Associated Press on Monday that the store will start selling Apple's iPhone, confirming media reports over the weekend. The employee, who would not give his name, did not know when the phones would go on sale. ...more
December 9, 2008
McDonald's says sales at established locations jumped 7.7 percent worldwide in November with even recession-wary consumers in the U.S. buying more of the chain's burgers, fries and breakfast biscuits. ...more
December 8, 2008
As the number of unemployed consumers climbs, Wall Street analysts say restaurant sales, profits and stock prices are likely to drop, leading to even more layoffs in the restaurant industry. ...more
December 6, 2008
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