Restaurant Chains News
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Marfrig Alimentos SA, Brazil’s No. 2 beef producer, expects the arrival of international restaurant chains from Longhorn Steakhouse to Olive Garden to drive sales growth as middle-income Brazilians spend more eating out.
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New York Mayor Michael R. Bloomberg’s plan to restrict sales of large-sized soda drinks is legal and should be reinstated, a lawyer for the city told a panel of state appeals court judges.
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McDonald’s Corp., the world’s largest restaurant chain, said sales at stores open at least 13 months rose 2.6 percent last month, topping analysts’ estimates, as the Dollar Menu and breakfast items drove the U.S. business.
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Canadian stocks rose for a third day as commodity prices advanced after U.S. reports showed consumer confidence surged and home values jumped.
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The average meal at a chain restaurant contains more than half the calories, 1.5 times as much sodium and almost all the fat that people are recommended to consume in an entire day, researchers in Canada found.
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McDonald’s Corp., the world’s largest restaurant chain, said it plans to hire 75,000 new employees in China this year as the company accelerates store expansion in the world’s most populous country.
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The lobbyist for grocers including Kroger Co. and Safeway Inc. is calling on President Barack Obama to curtail a U.S. health law provision that mandates the companies display the calorie content of all their foods.
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McDonald’s Corp., the world’s biggest restaurant chain, said sales at stores open at least 13 months fell 0.6 percent last month as growth slowed in its Asia-Pacific region.
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U.S. stocks climbed for a third week, pushing benchmark indexes to record levels, as companies from Walt Disney Co. to DirecTV beat earnings estimates and central banks worldwide stepped up monetary stimulus to boost growth.
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Morton’s Restaurant Group Inc. directors shortchanged investors by selling the steakhouse chain to billionaire restaurateur Tilman Fertitta for $116.6 million in 2012 instead of holding out for a higher bid, a lawyer argued.
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