Tag: Lodgings/Restaurants/Bars

California’s Fast-Food Casualties – WSJ
World

California’s Fast-Food Casualties – WSJ

California’s $20 an hour minimum wage for fast-food workers doesn’t take effect until April, but the casualties are already piling up. Pizza Hut franchises this week told more than 1,200 delivery drivers that they’ll lose their jobs before the higher wage kicks in. Gov. Gavin Newsom no doubt sends condolences, though what he should send is an apology. Democrats in Sacramento this autumn enacted the $20 minimum wage for fast-food workers in a deal between restaurants and labor unions. When you’ve got a gun pointed at your head, you’ll hand over your wallet, keys and bank account pin number.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
A Trip to CosMc’s, McDonald’s New Space-Themed Takeout Chain
World

A Trip to CosMc’s, McDonald’s New Space-Themed Takeout Chain

By Heather Haddon | Photography by Lucy Hewett for The Wall Street Journal BOLINGBROOK, Ill.—CosMc’s has landed, but visiting now may take a few eons.McDonald’s new restaurant concept is drawing long lines of curiosity seekers since it opened in this Chicago suburb last weekend. The space-themed brand is the fast-food giant’s first new U.S. restaurant concept in its more than 60-year history, designed to deliver a beverage-heavy menu through takeout-focused locations built with multiple drive-throughs.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Choice Hotels Launches Hostile Bid for Wyndham
Money

Choice Hotels Launches Hostile Bid for Wyndham

Updated Dec. 12, 2023 7:05 am ETChoice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts, after repeatedly being rebuffed in its effort to strike a friendly deal.Choice on Tuesday unveiled what is called an exchange offer for Wyndham stock, appealing directly to its rival’s shareholders.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Chicken Nuggets in Reusable Bowls? McDonald’s Isn’t Lovin’ It
World

Chicken Nuggets in Reusable Bowls? McDonald’s Isn’t Lovin’ It

PARIS—A McDonald’s on a buzzy boulevard here offers a glimpse of what the future of serving fast food could look like. The burger giant doesn’t like what it sees.For those dining in, french fries are served in durable red containers, soda is dispensed into clear washable glasses and chicken nuggets come in hard plastic white bowls. When customers are finished eating, they are asked to drop the containers into a bin to be washed, dried and reused.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand
World

Searching for CosMc’s: Investors, Consumers Look for Details on New McDonald’s Brand

Investors and diners are on the lookout for an orange, fast-food-loving alien, and what he may mean for the future of McDonald’s. CosMc is the name of the character, who has featured in past McDonald’s ads, and it is also the name of a new restaurant concept that McDonald’s executives have teased in recent months. In July, the company described it as a smaller-scale restaurant, with locations soon to open in a handful of areas. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Airbnb Appoints Ellie Mertz as New Chief Financial Officer
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Airbnb Appoints Ellie Mertz as New Chief Financial Officer

Airbnb on Tuesday appointed Ellie Mertz, an 11-year veteran of the short-term rental company, as its new chief financial officer.Mertz succeeds Dave Stephenson, Airbnb’s CFO since 2019, who was promoted to become the company’s chief business officer, a newly created role.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
Katherine Ryan Turned a Hooters Job Into Stand-Up Fame in the U.K. Then Came Netflix.
World

Katherine Ryan Turned a Hooters Job Into Stand-Up Fame in the U.K. Then Came Netflix.

By Marc MyersNov. 28, 2023 11:00 am ETListen to article(1 minute)Katherine Ryan, 40, is a comedian and actress who created and starred in Netflix’s “The Duchess.” She can be seen in two Netflix stand-up specials, and her latest, “Missus,” is on Veeps, a new streaming platform. She spoke with Marc Myers. My parents took me to my first day in kindergarten when I was 4 but dropped me at a French-speaking school. I don’t have many memories of that age, but I recall thinking it was a prank.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8