Jana Partners takes stake in McDonald’s
Activist hedge fund Jana Partners has disclosed a purchase of McDonald's shares, sending the stock of the world's largest restaurant company up 0.8 percent. Jana now holds 842,268 shares of...
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Russia turmoil begins to bruise Illinois businesses
Not so long ago, Illinois companies were gazing fondly at Russia as a vast market for everything from Big Macs to bulldozers. Russia "has a population of 142 million with...
Mondelez shares jump on outlook, earnings
Mondelez International's shares closed up more than 6 percent, at 37.15, as the snack maker said cutting costs and raising prices are enough to help it overcome weak sales momentum....
Potbelly serves up quarterly profit
Potbelly posted a third-quarter profit Tuesday, as the sandwich chain worked to attract diners and regain sales momentum. Sales at long-standing locations improved each month as the quarter progressed, Chairman...
A Q&A with man behind Chicago’s first Shake Shack
Shake Shack, the upscale New York burger shop from restaurateur Danny Meyer, is opening its first Chicago location on Tuesday. Meyer's Union Square Hospitality Group runs a variety of restaurants...
Check out the food trends of 2015
When it comes to food, 2015 is forecast to be the year of fermented, smoked, and craft items that will either be quickly delivered to a doorstep or consumed in...
SkyBalance by Nik Wallenda: The game app before the walk
With Nik Wallenda readying for his Chicago high-wire walk Sunday, anyone can get in on the balancing act ... virtually speaking. "SkyBalance by Nik Wallenda," a mobile game launched Friday,...
McDonald’s to remake U.S. operations
McDonald's plans to adopt a new organizational structure for the U.S. as it tries to let local operators make more of their own decisions, the company said Thursday. The announcement...
Report: McDonald’s plans to trim management layers
McDonald's plans to trim management layers in its U.S. operations and work under a new organizational structure as it tries to let local businesses make more of their own decisions,...
Report: Mondelez faces action from futures trading panel
The Commodity Futures Trading Commission plans to take formal action in its investigation into wheat futures trading by old Kraft businesses that are now part of Mondelez International, Kraft Foods...